That's exactly what will occur is not only energy costs, but we also must remember that this deepwater drilling and the crude oil that comes from the deep water produces millions of other products besides just fuel. All of the plastics, many of our technology comes from some base of crude oil. And all of that is affected, and the costs of all those items that are produced in our refineries and petrochemical plants will be affected because of this arbitrary, capricious, and punitive decision to just stop deepwater drilling. I would hope the administration would re-evaluate their position, quit suing Americans, get out of the courtroom and get down on the Gulf of Mexico and fix this problem and let people go back to work. I yield back.
Ted Poe: “That's exactly what will occur is not only energy costs, but we also must remember that this deepwater drilling and the…”
Editor's note · Context
The speaker is addressing the impact of halting deepwater drilling on energy costs and related industries.
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