On the recordMarch 15, 2012
Mr. President, I say to my friend, I believe sincerely-- and I think he does--that we need a real all-of-the-above strategy. We ought to be developing all forms of American energy, homegrown energy, domestic energy. I appreciate it when the President of the United States seizes upon that slogan and talks about supporting an all-of- the-above strategy, but his policies tell another story. If you look at things the Senator raised, such as increasing our domestic supply, homegrown production, there are a series of things that would do that. Approving the Keystone Pipeline would be the first one. It is right there--20,000 shovel-ready jobs. It is a $7 billion initial investment, with 800,000 barrels of oil coming to us from Canada, as opposed to coming from Venezuela and Hugo Chavez and the Middle East. It is such a no-brainer hanging out there for us to immediately act on. Unfortunately, the administration said no to that. They also said no to development in Alaska, no to offshore development, no to oil shale development, no to streamlining permits, and no to new leases. All have been put off limits, which are the very things that would increase the supply and thereby address the issue the Senator mentioned, which is that we have too much demand chasing too little supply and, therefore, too high of a price, which bears on the pocketbooks of every single American, every small business, every family.…





