House Proceeding on Jul 17th, 2008 :: 3:38:57 to 3:41:46
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3:31:50 to 3:38:57( Edit History Discussion )
Speech By: Stevan Pearce

3:38:44 to 3:38:57( Edit History Discussion )

Stevan Pearce: pro tempore: the gentleman reserves. the gentleman from west virginia. mr. rahall: i'm shocked that the gentleman from new mexico would even start down the road of campaign contributions

3:38:57 to 3:39:11( Edit History Discussion )

Peter A. DeFazio: in this debate, but i'm not going to proceed any further down that road. i'll yield two minutes to the distinguished gentleman from oregon, a member of our committee on natural resources,

3:38:57 to 3:41:46( Edit History Discussion )
Speech By: Peter A. DeFazio

3:39:11 to 3:39:26( Edit History Discussion )

Peter A. DeFazio: mr. defazio. you can respond on your own time. the speaker pro tempore: the gentleman is recognized for two minutes. mr. defazio: i thank the yet for yielding. 1923, president harding took

3:39:26 to 3:39:39( Edit History Discussion )

Peter A. DeFazio: the saudi arabia of the united states and put it into the naval petroleum reserve. there's a huge pool of known oil, over 10 billion barrels, underneath what has now been called, the republicans

3:39:39 to 3:39:50( Edit History Discussion )

Peter A. DeFazio: changed it from the naval petroleum reserve to the national petroleum reserve area and yes, indeed, bill clinton did let the first leases in that more than a decade ago. the companies have drilled

3:39:50 to 3:40:04( Edit History Discussion )

Peter A. DeFazio: 25 test wells to find out there is indeed oil under there. but they have not connected over here to the prudhoe bay pipeline and there is no construction going on and no active drilling

3:40:04 to 3:40:14( Edit History Discussion )

Peter A. DeFazio: going on. this area that they want to argue about in 1950, was made into a wildlife preserve. this was made a naval petroleum reserve because it has huge amounts of known oil. this was made

3:40:14 to 3:40:27( Edit History Discussion )

Peter A. DeFazio: a wildlife preserve because it has huge amounts of known wildlife. president harding didn't make this into the naval reserve because no one knows if there's oil under there. they try to pretend that

3:40:27 to 3:40:39( Edit History Discussion )

Peter A. DeFazio: there's oil under there, but the bush administration's own administration says there's a 50% chance of recoverable oil under the alaska national wildlife reserve system of why not drill

3:40:39 to 3:40:52( Edit History Discussion )

Peter A. DeFazio: here? why don't the republicans and the oil companies want to fully exploit these 10 billion barrels of oil? i think there's a pretty simple answer to that. because they're doing really

3:40:52 to 3:41:04( Edit History Discussion )

Peter A. DeFazio: well under the bush-cheney energy policy. remember, written in secret, voted on and put into law by the republican congress, signed by george bush, in george bush's tenure they can profits

3:41:04 to 3:41:17( Edit History Discussion )

Peter A. DeFazio: of the oil companies have been $511 billion, a new record, every year george bush has been in office, more money in seven years than in the preceding quarter century this system is

3:41:17 to 3:41:30( Edit History Discussion )

Peter A. DeFazio: working quite well for them. they don't want to increase supply. in fact, they are working hand in glove with opec and others co-lewding to restrict supply. drill responsibly in leased lands,

3:41:30 to 3:41:46( Edit History Discussion )

Peter A. DeFazio: exploit america's resources. the speaker pro tempore: the gentleman from new mexico. mr. pearce: thank you, plmp. i recognize -- i yield to mr. barton two minutes to speak. the speaker pro tempore: the

3:41:46 to 3:42:00( Edit History Discussion )

Joe Barton: gentleman from texas is recognized for two minutes. mr. barton: thank you, mr. speaker. i ask unanimous consent to revise and extend my remarks. the speaker pro tempore: without objection.

3:41:46 to 3:44:09( Edit History Discussion )
Speech By: Joe Barton