House Proceeding 05-13-08 on May 13th, 2008 :: 0:13:04 to 0:16:24
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0:12:47 to 0:13:04( Edit History Discussion )

speaker pro tempore: clerk will report the title of the bill. the clerk: h.r. 6022, a bill to suspend the acquisition of petroleum for the strategic petroleum reserve and for other purposes. the

0:13:04 to 0:13:15( Edit History Discussion )

John D. Dingell: speaker pro tempore: pursuant to the rule, the gentleman from michigan, mr. dingell and the gentleman from texas, mr. barton, will each control 20 minutes, the chair recognizes the gentleman

0:13:04 to 0:16:24( Edit History Discussion )
Speech By: John D. Dingell

0:13:15 to 0:13:29( Edit History Discussion )

John D. Dingell: from michigan. . mr. dingell: mr. speaker, i ask unanimous consent that all members have five legislative days to revise and extend their remarks and to include extraneous material on the bill

0:13:29 to 0:13:44( Edit History Discussion )

John D. Dingell: under consideration. the speaker pro tempore: without objection, so ordered. mr. dingell: mr. speaker, i yield myself two minutes. the speaker pro tempore: the gentleman is recognized for two

0:13:44 to 0:14:03( Edit History Discussion )

John D. Dingell: minutes. mr. dingell: as you know i have long opposed -- long supported the filling of the strategic petroleum reserve and strongly support the energy policy act of 2005. and the provisions there

0:14:03 to 0:14:14( Edit History Discussion )

John D. Dingell: that direct the secretary of energy to fill the reserve as expeditiously as practicable to one billion barrel capacity authorized by the energy policy and conservation act. the energy policy act

0:14:14 to 0:14:26( Edit History Discussion )

John D. Dingell: of 2005, however, also requires the secretary to time acquisitions in a manner that does not incur excessive costs or do not appreciably affect the consumer price of petroleum products. on may 8 i wrote

0:14:26 to 0:14:42( Edit History Discussion )

the president urging him to direct the secretary of energy not to enter into any new contracts to fill spro during the calendar year 2008. this regrettably is what the department of energy

0:14:42 to 0:14:57( Edit History Discussion )

is proposed to do under april 4 solicitation for oil to be delivered between august and december this year. in light of the record cost of oil and the resulting hardship for average americans, businesses,

0:14:57 to 0:15:07( Edit History Discussion )

John D. Dingell: farmers, and general economy i believe it would be a prudent for d.o.e. to take these barrels off the market. while there is no guarantee that putting this oil on to the market rather than into

0:15:07 to 0:15:18( Edit History Discussion )

John D. Dingell: spro will lower prices, even such a modest step could potentially prick the speculative bubble now characterizing oil markets. in 2006, d.o.e. suspended spilling -- spilling spro during the summer

0:15:18 to 0:15:36( Edit History Discussion )

John D. Dingell: driving season, that is what is appropriate to do now. while it is in the discretion of d.o.e. whether or not to enter into a new contract at this time, the administration seems determined

0:15:36 to 0:15:49( Edit History Discussion )

John D. Dingell: to forge ahead. common sense would say to us not to take the oil off the market at a time of record high prices. given the administration's apparent determination to pursue this course, the congress

0:15:49 to 0:16:00( Edit History Discussion )

John D. Dingell: must act and i support this bill. i reserve the balance of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from texas, for what purpose does

0:16:00 to 0:16:12( Edit History Discussion )

John D. Dingell: the gentleman from texas rise? mr. barton: i rise in opposition to the bill. recognize myself for such time i may consume. the speaker pro tempore: the gentleman is recognized. mr. barton: mr. speaker,

0:16:12 to 0:16:24( Edit History Discussion )

John D. Dingell: let me say at the beginning that i speak for myself. i don't necessarily speak for the house republican leadersp. i have asked if we had a minority position on the bill and as of 30 minutes

0:16:24 to 0:16:39( Edit History Discussion )

Joe Barton: ago we did not. so i am speaking for myself as the ranking member of the committee of jurisdiction, the energy and commerce committee. let me say at the beginning that i think it is good to have a

0:16:24 to 0:24:11( Edit History Discussion )
Speech By: Joe Barton