On the recordDecember 2, 2015
Mr. Chairman, I yield myself the balance of my time. I don't see any other speakers on our side. Let me simply say that this amendment is about jobs for America. There is only one commodity that we prohibit, by law, from being exported, and it is crude oil. We don't prohibit cotton; we don't prohibit corn; we don't prohibit ethanol; we don't prohibit automobiles; we don't prohibit video games or movies. We only prohibit crude oil. That is number one. Number two, since the oil prices have precipitously fallen in the last 13 or 14 months, we have lost over 250,000 jobs in the United States. Those aren't just oil patch jobs. Those are truck driver jobs; they are warehouse jobs; they are computer programmer jobs; they are restaurant jobs. You name it; those are real jobs. It is estimated, Mr. Chairman, that we are losing as many as 1,000 jobs a week right now. If we repeal this antiquated law, we can put some of those people back to work. We can put American-made oil in the world marketplace. It makes no sense to let Iran export oil, but we can't let American oil be put on the world market. We don't know who is going to buy the oil, but we do know that the money we will receive from it is going to come back to the United States. It is going to create jobs, and it is going to help our economy. It is going to be good for every American in every State of the 50 States in the Union. Vote for this amendment. Mr. Chairman, I yield back the balance of my time. The Acting CHAIR.…





