On the recordApril 18, 2012
I thank the gentleman. Unfortunately, this is another example of Congress failing the American people. It's failing our States. It's failing our communities. First of all, how in the world can we expect transportation projects to be done on a short-term basis--90-day extensions? 4-month extensions? That just isn't possible to get from planning, to execution, to construction. It won't happen. Number two, how can we have a transportation bill where we don't fund mass transit? alternative transportation? That makes no sense whatsoever. What has happened here is that the need to have a transportation bill for this whole country has been hijacked for political purposes. The Keystone pipeline is an example. Take whatever position you want on Keystone, but will the implementation of Keystone bring down gas prices, as is asserted? Will allowing drilling everywhere that the ``drill, baby, drill'' folks want to drill even lower gas prices? A study of the Energy Information Administration said if we opened up all of the coastal waters--off Florida, off the east coast, off the west coast--and if we drilled on all of the public lands, that might add over time, which is about 10 years, 1 million barrels a day to the supply. That's in a world demand of 100 million barrels a day. So the question is: What impact is that going to have on price? The best estimate they came up with was about 3 cents per gallon.…





