Mr. Speaker, where does our oil come from?
Much of it comes from offshore drilling rigs scattered around the globe. From the North Sea to the South China Sea, there are thousands of rigs pumping oil that eventually finds its way to the American market. Exploration for oil and natural gas is growing in Egypt, Brazil, and dozens of other countries.
But here in the United States, we are moving backwards. Leases and permits have been slow-walked and delayed--2011 was almost the first year since 1958 that the Federal Government did not hold an offshore lease sale.
This week we are going to pass legislation to kick-start leases and increase production of American energy. The only reliable way to decrease gasoline prices is to increase domestic supply. If we don't act to expand access to American natural resources, we will see production fall this year.
The American people want to get back to work, but high energy prices are holding back job growth. American jobs are on the line. That's why now is the time to boost American energy.