George H.W. Bush: “Legislation February 20, 1992 Last night the Senate passed S. 2166, the National Energy Security Act of 1992, which…”

“Legislation February 20, 1992 Last night the Senate passed S. 2166, the National Energy Security Act of 1992, which marks a substantial milestone in implementing the President's national energy strategy issued one year ago today. This legislation will lead to the creation of hundreds of thousands of jobs and keep billions of dollars from flowing overseas for the purchase of foreign oil between now and the year 2010. The bill includes increased conservation, promotes the use of alternative fuels for motor vehicles, and permits greater use of natural gas. We are extremely pleased that the Senate passed the President's legislation, and we urge the House to also act soon on this vital administration program.”