Mike Conaway: “Most reputable projections of energy usage in this country by 2025 and 2030 shows that, no matter what, even the rosiest…”

“Most reputable projections of energy usage in this country by 2025 and 2030 shows that, no matter what, even the rosiest predictions show that we still will be importing millions of barrels of crude oil and refined products every single day. And I don't know of any of us who thinks that America is better off by importing crude oil and refined products. Most of us would agree that that is a bad thing. Our balance of payments is out of whack. As you mentioned earlier, our foreign policy options are different. Our risks and threats to this country are exacerbated by that dependence. And then you begin to talk about the solutions. We agree on those facts. It is kind of looking at the glass half full or half empty. The amount of water in the glass is the same; it is just how do we look at it. And the proposals that she began to tout and promote seem to cost American taxpayers an awful lot of money. They also seem to involve some sort of price-control scheme that would not allow the natural market forces to work and operate as we begin to export these ideas.”