Today, Congressman Tim Walz held a press conference at a local gas station in Mankato to discuss and highlight his bipartisan, all-American energy vision and the need to take an all-of-the-above approach in developing new energy sources that will create a more prosperous future for southern Minnesotans.
"Our country needs a short and long term plan to tackle rising gas prices and create a more prosperous future for southern Minnesotans," said Walz. "In the short-term, we must crack down on reckless oil speculation in the markets that is found to be driving up the cost of gas at the pumps for southern Minnesotans as they drive to work, farm the land, or run their business. In the long-term, we need bipartisan cooperation to embrace a new, all-American energy vision that is a win-win. My bi-partisan energy bill is a great place to start."
The vision behind Representative Walz's bipartisan energy bill is simple:
1. The big oil companies who are granted the privilege to conduct new offshore oil drilling must take responsibility for helping the country develop new, clean, reliable, and affordable American energy sources to power our county.
2. Reinvest the royalty payments made by oil companies for new offshore oil drilling into our national strategic priorities, including:
Develop and deploy next generation clean American energy sources that create jobs and prosperity right here in southern Minnesota.
Rebuild our economic infrastructure such as roads and bridges right here in southern Minnesota.
"We need to take control of our energy future with an all-of-the-above approach to developing new energy sources. Continuing to send our money to countries overseas that hate us just doesn't make any sense. They will hate us for free," said Walz. "With entrepreneurship and a can-do American spirit, we can reduce our reliance on foreign oil and create good-paying, all-American energy jobs right here in southern Minnesota."