Political Quotes

On the recordJune 27, 2013
I am prepared to close if the gentleman is prepared to close. Mr. DeFAZIO. Mr. Speaker, what we've heard here today is that by modifying this agreement, by preventing disclosure of payments by big oil companies to foreign governments which could essentially constitute under-the-table agreements, bribes, however you have it, will somehow lower gas prices for the American people. Now, I think if you went out and asked the American people, ``Do you think allowing ExxonMobil or any of the other big companies to enter into secret agreements with foreign governments to exploit jointly held resources is going to benefit you at the pump?'' I think they'd kind of laugh at you. I mean, no offense, but they would. The bottom line is there's also a further assertion that somehow this possible future development of this area will lower the price at the pump. It won't and it hasn't, and today the prices are excessive. Why are they excessive? Well, there's this funny little thing that happens just around Memorial Day every year. The refiners--and the refinery industry has been dramatically consolidated over the last few years because there's been buyouts and closures and everything else--they decide that they've got to do periodic maintenance.…
Said by
Doc Hastings
Republican · Washington
Source
govinfo.gov
Jun 27, 2013

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