On the recordFebruary 3, 1992
Yes, unfortunately we're becoming, because of failure to move forward with safe nuclear power, which I think we can do--we'll get a lively debate on that one around this table, I'm sure--or getting more technology going, I think we've got a problem on energy dependence. And I'd like to see it reverse. And that's what we've tried to do in our national energy strategy which we have not gotten through the Congress. Again, I'd make an appeal for you people that are interested in the energy side of things to take a look at it and support it where you can. I see Jim over there, who's done a superb job on our overall energy requirements, trying to make us less dependent. I cannot certify that our program--and, Jim, correct me--will make us independent of foreign sources of all energy. It won't. But it will move us in the right direction. Is that about right? Secretary Watkins. Yes, that's right, Mr. President. The bill stripped down will come to the floor this afternoon at 2 p.m. It will then go through a debating period and come up for a motion to proceed. Whether there's going to be a filibuster, I don't know. That should happen on Wednesday, but we should be underway on the debate. Unfortunately, it does take out the Arctic National Wildlife Refuge. It takes out the CAFE standards which we we've been against all the way along. Nevertheless, the Arctic National Wildlife Refuge, as you mentioned properly, is part of the growth package. It is worth about 500,000 jobs over the next 10 years. It's worth about $200 billion in reduction of our trade deficit. Those monies always go offshore. The movement of that particular refuge will not only be worth that 8.5 billion barrels but will also carry along, with the residue of the Prudhoe Bay will add another billion barrels. Now, that's good for the economy of the United States. And so that's why you include it as part of your growth package and encourage them to pass this bill, which is filled with natural gas expedition movements to the private sector, to industry, to business. It's good; it's clean. You've got a very balanced program there, and I'm hopeful that the 14 titles that remain, that we will see an expeditious address by the Congress. And I hope that we can continue the fight for bringing back the Arctic National Wildlife Refuge as part of your growth package, if nothing else. You can't get it in the energy bill; keep it in the growth package. It is real growth. We need revenues to find the alternatives to oil which is the very thing we're trying to do in getting alternative fuels. You have the most powerful alternative fuel package that's ever been put together in this country, to go in all directions. It will help many Governors around this table with the ethanols; the methanols; the electric car, the opportunity to drive those electric cars with the off-peak loads in our industrial plant today. We have plenty of electrical power for 120 million of those vehicles. We can get off this oil in our transportation sector. And we still need the oil, our own oil. And so, we can move in the direction that stabilizes that increase in imports. And I think your bill not only does that, but your bill is a very powerful growth package for both jobs and revenue for the country. Low Income Home Energy Assistance Program
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