House Proceeding 05-13-08 on May 13th, 2008 :: 0:39:51 to 0:42:59
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0:35:18 to 0:39:51( Edit History Discussion )
Speech By: John Shimkus

0:39:35 to 0:39:51( Edit History Discussion )

John Shimkus: from texas, mr. lampson. the speaker pro tthempore: the yet is recognized for two minutes. >> mr. lampson: i want to thank chairman dingell and mr. barton to make sure our strategic

0:39:51 to 0:40:05( Edit History Discussion )

Nick Lampson: petroleum reserve stays strong for when we do need it. i think if we keep cool heads and try to find common sense solutions to some of the problems we face, we'll have good solution to

0:39:51 to 0:42:59( Edit History Discussion )
Speech By: Nick Lampson

0:40:05 to 0:40:19( Edit History Discussion )

Nick Lampson: those problems. we're taking one step today, that's all. one of hopefully many, to try to curb the price of gasoline for the american consumer and invest in alternative energy research to

0:40:19 to 0:40:34( Edit History Discussion )

Nick Lampson: provide for the long-term energy solutions we're going to need. many of these things will be required for us to get the price of gasoline down to the point where we're going to be comfortable

0:40:34 to 0:40:46( Edit History Discussion )

Nick Lampson: again. let's hope we accomplish it. this bill directs the president to suspend shipments to the strategic petroleum reserve until the end of the year or until prices drop below $75 a barrel.

0:40:46 to 0:40:57( Edit History Discussion )

Nick Lampson: high oil prices are straining family budgets at the pump and they're driving up the price of groceries and other household goosmeds families are starting to rethink even summer vacations.

0:40:57 to 0:41:10( Edit History Discussion )

Nick Lampson: it's going to have a negative impact on communities that depend on summer tirism. and from the high price of gasoline and diesel, there'll be touch every family, every person, every business

0:41:10 to 0:41:24( Edit History Discussion )

Nick Lampson: and every industry in the united states and around the globe. consumers need lower prices now, not later. this bill provides a quick first step. maybe not much, but it at least is an action

0:41:24 to 0:41:40( Edit History Discussion )

Nick Lampson: on the part of the congress. when i first introduced similar legislation affecting the strategic petroleum reserve in january, gas buzz $3.11. now it's $3.73. it's gone up 11 cents in the

0:41:40 to 0:41:52( Edit History Discussion )

Nick Lampson: last week. if the president turns a blind eye to the american people we may see gasoline go to $5, $6, or $7 a gallon. the strategic petroleum reserve has been tapped and susenpended four

0:41:52 to 0:42:07( Edit History Discussion )

Nick Lampson: times by the last three presidents. mr. welch: another 30 seconds. the speaker pro tempore: the gentleman is recognized another 30 seconds. mr. lampson: suspending the spro will put an additional

0:42:07 to 0:42:20( Edit History Discussion )

Nick Lampson: 70,000 bifrlse oil on argument the market each day that could help reduce prices for us at a critical time in our economy. this was supported by a near unanimous vote in the senate this

0:42:20 to 0:42:44( Edit History Discussion )

Nick Lampson: morning. i got a letter a few minutes ago from the american trucking association saying the additional $391 million truckers have to pay for diesel cannot be handled by them for long. i'm pleased

0:42:44 to 0:42:59( Edit History Discussion )

Nick Lampson: we're taking the first step and i'm looking forward to introducing further legislation this weegik to provide relief for consumers and invest in our energy independence through research and

0:42:59 to 0:43:13( Edit History Discussion )

Joe Barton: development. i yield back. the speaker pro tempore: the gentleman from texas is recognized. mr. barton: i thank the speaker. i yield myself one minute. the speaker pro tempore: the gentleman

0:42:59 to 0:46:14( Edit History Discussion )
Speech By: Joe Barton