On the recordOctober 8, 2015
I thank the gentleman from Arkansas for his comments and opinions on this issue. I hope his support draws Members of the other side of the aisle to our arguments and to make this happen. The gentleman mentioned the price he paid in Arkansas recently. I dare say, there is not another commodity in America that we don't check the price on more often than gasoline. You may not buy gas every day, but every time you drive by a gasoline station, you check the price because it is right there for everybody to see. We don't put the price of bread and milk up like that, but we do put the price of gasoline up. I have got a district that has 29 counties and is 300 miles wide and 200-plus miles north to south. We do a lot of driving. My district director and I are always looking for that better gasoline price deal in the district as we are moving around, because hardwired into most all of us that drive very much is to check those prices. This increased production in the United States will also help protect consumers from price shocks. I mentioned that in 1974, the price of crude oil went from $3 a barrel to $12 a barrel, a fourfold increase. The more production you have from a stable environment like the United States, the less whipsaw you will get in the market from disruptions in supplies from places and part of the world where it is not quite as stable, such as the Middle East and others. So, this increased U.S.…
