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I thank my colleague for yielding time.
Mr. Speaker, Americans are demanding relief at the pump and for Congress to create an environment that creates jobs. Republicans are answering that demand with practical solutions that will have an immediate impact on the price of gasoline, energy security, and jobs.
Liberal Democrats are still adhering to the sort of demagoguery that may score political points with their base, but that doesn't create a single job nor does it reduce the cost of energy by 1 cent.
Republicans strongly believe that energy security depends on strong domestic energy production. The liberal Democrats and President Obama have actively blocked and delayed American energy production, destroying jobs, raising energy prices, and making the U.S. more reliant on unstable foreign countries for energy. This is hurting American families and small businesses who are vital to creating the new private sector jobs we desperately need during this time of high unemployment. The liberal proposals fail to create jobs in America but help create jobs overseas for the citizens of foreign nations.
President Obama's reckless moratorium on domestic energy production has cost the gulf coast region 12,000 jobs since it was enacted last year. His moratorium now threatens an additional loss of over 24,000 jobs in the gulf and 36,000 jobs nationwide if we do not reverse this dangerous liberal endeavor.
The Republicans believe that energy security will not only create jobs but will also help reduce the deficit. According to the nonpartisan Congressional Budget Office, H.R. 1231 will generate $800 million in revenue over 10 years while reducing foreign oil imports by nearly one-third.
The solution provided by the Democrat elites? More taxes, resulting in higher costs that will get passed on to American families. The nonpartisan Congressional Research Service says Democrat tax increases ``would make oil and natural gas more expensive for U.S. customers,'' and even some liberals admit ``it would cost thousands of jobs.''
Renowned economist Dr. Joseph Mason has stated that Republican proposals for domestic energy production will create 1.2 million American jobs.
If the liberal Democrats care about our energy security, prices at the pump, job creation, and strengthening our domestic energy capability, they would join Republicans in supporting this rule and the underlying bill.
Mr. Speaker, American families cannot wait any longer for relief at the pump. American families cannot wait any longer for jobs. If you stand with American families, if you stand with American energy security, and if you stand for job creation in America, I urge my colleagues to support this rule and the underlying bill.
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