Political Quotes

On the recordJuly 31, 2001
We are in the technology wave. It is about time to wrap this up. Let us quickly go over the chart down front, America's energy situation. Foreign oil dependence is now 56, and we will be 66 in 10 years. Natural gas prices soared to triple last year's prices, which caused home heating last year in my area to be a real pain and caused some businesses to go out of business. No new gasoline refineries built in 10 years; no new nuclear plants licensed in over 10 years. There is new nuclear technology today that is much superior to the past, not nearly as expensive to put in place. No new coal plants built in 10 years. There is a new one being built in Pennsylvania right now. It is going to be using, again, waste coal that is on top of the ground already. Gas and electric transmission capacity is overloaded. Those are some of the problems. Anyone who says we do not have energy problems in this country, we have distribution problems and access problems. As we said in the beginning, for energy to be affordable and available to people and businesses, we need strong, ample supplies of each and every kind of energy. And we need to develop a system that is not so dependent on oil, not so dependent on one fuel, but gives people alternatives. Then people that use a lot of fuel in a business could choose the fuel that is the cheapest for the day. We have the technology to do it cleanly. We need to, as time goes along, to grow the renewables. I think fuel cells are a great potential.
Said by
John W. Peterson
Pennsylvania

Editor's note · Context

Discussing America's energy situation and the need for diverse energy sources.

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