It is great to join my friends from the West. I come from western Pennsylvania where the energy crisis started. I live 5 miles from Drake's Well, the first oil well ever drilled. The question is, do we need an energy policy? In my view, it is the number one need of this country. There is no issue that makes this country more fragile economically or in our defense than availability of energy. Why do we need to have a policy? We need a policy that will provide us with ample sources of all types of energy. There is no silver bullet in the energy issue. Every time we have an energy spike in this country, we then have a downturn in the economy because of the cost that takes out of our economy. I want to share with my colleagues some numbers that are a little surprising. These are world numbers. We all think that we are just days away from new energy sources that are going to replace fossil fuels. Currently in the world, we consume 39 percent, which is oil, 23 percent of energy that is natural gas, and 23 percent that is coal. Now, when we add those three together, that is 85 percent of our energy is fossil fuel. We have 8 percent nuclear and 7 percent renewable.
Editor's note · Context
Discussing the need for a comprehensive energy policy during a speech on the House floor.
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