I rise to talk about the Inhofe amendment, which would increase the possibility that we could have increased refining in the United States. Refining of oil produces more gasoline, and more gasoline will bring down the price of gasoline. We can't have a serious discussion about energy without discussing the fact that it has been more than 30 years since the last oil refinery was built in the United States. There has to be a reason for that. Although a number of our Nation's refiners have worked on expansions, they simply can't keep up with the growing demand. It is clear that something is wrong with a permitting process when it is so burdensome it prevents the construction of that which is so vital to our Nation. Because energy fuels our economy, we need to stop with the rhetoric and take some real action. I have to tell my colleagues that I have faith in America. I have faith in the young people of America. I have faith in the inventors in America, who are of all ages. I am aware of a company in Sheridan, WY, named Big Horn Valve. They have been working on some refinery problems, including leaks in refineries, and they came up with a valve that doesn't have a knob that you turn on the outside of the pipe. Everything is internal in the pipe, and it has a special venturi nozzle in there that doesn't take up the entire inside of the pipe but can still flow as much oil as a flow pipe.
Mike Enzi: “I rise to talk about the Inhofe amendment, which would increase the possibility that we could have increased refining in…”
Editor's note · Context
Discussing the need for increased oil refining capacity in the U.S. and the challenges of the permitting process.
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