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The United States Must Diversify its Energy Portfolio

Location: Washington, DC

THE UNITED STATES MUST DIVERSIFY ITS ENERGY PORTFOLIO -- (House of Representatives - July 15, 2008)

(Mrs. BLACKBURN asked and was given permission to address the House for 1 minute and to revise and extend her remarks.)

Mrs. BLACKBURN. Mr. Speaker, the Democrat majority in this House is just refusing to bring forth any legislation that will deal with the price at the pump. I think that they are content to have their constituents either ride a bike or walk to get where they want to go. In my Seventh District of Tennessee, that does not work.

What they might not know is that what we see happening at the pump is happening in every single energy sector. Tennesseeans and Americans are paying more than ever for their gasoline, their groceries, and naturally to heat and cool their homes. It's bad enough during the summer driving months, but what my friends across the aisle might not know is that utility officials in Memphis have projected a 30-percent spike in the cost of natural gas for this fall. That is on top of a 13 1/2 percent increase last fall.

This Congress must take action and the United States must diversify its energy portfolio and incentivize all types of energy production: Oil, natural gas, geothermal, hydroelectric, nuclear. It's all there.

The energy crisis affects everyone, Mr. Speaker. It is time for action.

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