Search Form
First, enter a politician or zip code
Now, choose a category

Public Statements

Reversing President Obama's Offshore Moratorium Act

Floor Speech

By:
Date:
Location: Washington, DC

BREAK IN TRANSCRIPT

Mr. QUAYLE. I thank the gentleman.

Mr. Chairman, I rise today because I support this bill.

And I do have a fact. The fact of the matter is that we have a gas crisis going on right now, and the fact of the matter is, when I go home and I fill up my tank, I cringe at how expensive it is. Our friends on the other side of the aisle, their so-called solution is to increase our taxes and to demagogue oil corporations, because that's the classic bogeyman approach that they go to.

But that is not a solution to get our people back to work, to get our economy moving again, because right now we are having some anemic growth in our economy. And if we start to increase taxes and have an energy increase in costs that is happening at the pump, that is going to have a negative effect on economic growth.

Instead of actually having solutions where we can get the people in the gulf back to work, where we can get our economy moving again, where we can actually tap the energy sources that we have in the United States, we have an administration that only pursues moratoriums on gulf drilling, moratoriums on actually having energy supplies.

The CHAIR. The time of the gentleman has expired.

Mr. YOUNG of Alaska. I yield the gentleman another 30 seconds.

Mr. QUAYLE. I thank the gentleman.

If we actually started to look and invest in those sorts of thing and get our energy independence going, we could have charts down on this floor that show job growth.

According to CBO, if we pass today's legislation, we will generate $800 million in revenue over 10 years. Combined with the energy initiatives that the House passed last week, these three votes will create an estimated 250,000 jobs in the short term and 1.2 million jobs over the long term.

So I urge my colleagues to support this bill and get our economy and our American people back to work.

BREAK IN TRANSCRIPT


Source:
Skip to top
Back to top