On the recordJuly 24, 2012
In deference to my good friend from Florida, I really believe that this is a political amendment that would simply require companies seeking to drill offshore to estimate the impact that increased oil and gas production would have on gasoline prices. This bill is about increasing American domestic energy production. It's about reducing our dependence on foreign oil. It's about creating American jobs and creating American energy. Simply put, requiring producers to estimate the impact that each and every well has on global markets is nothing more than a bureaucratic paperwork nightmare that would be put on those that would want to go and drill offshore and a delaying tactic by those that are opposed to offshore development. I don't think this is a good amendment. As I said in deference to my good friend from Florida, I really believe that this is a political amendment. With that, I urge rejection of the amendment, and I reserve the balance of my time.
