Political Quotes

“I rise once again on this House floor to talk about an issue that I think is the most important issue that this Congress should be dealing with and that this administration should be dealing with. Six short years ago, we had $2 natural gas and $16 oil. Most of our lifetime we have had gas that was less than $2 per thousand and oil that was around $8, $9, or $10 a barrel. That is how America grew, cheap, affordable energy. Now, we have lots of other sources of energy, coal, hydro, wind, solar, renewables of all kinds, but the majority of our transportation fuel has always been oil. Four weeks ago, I rose to speak on this House floor. Oil was $82, and most of us were panicked. Can our economy handle $82 oil? Just a few months ago, I met with an Assistant Secretary of State whose role is to deal with energy. He shared with me that he and many of his colleagues felt that $70 to $75 oil would really put us in recession because the economy could not absorb those costs. It didn't. Then, we were at $82. Two weeks ago, we were at $90.92. Last week we were at $94.53. And, at one point it was 98- something. Today it is $91.92. Can America's economy continue to afford $90 to $100 oil? I think there are many who are very concerned.”