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House Proceeding 06-23-08 on Jun 23rd, 2008 :: 0:26:15 to 0:34:33
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Edolphus Towns

0:22:04 to 0:26:15( Edit History Discussion )
Speech By: Edolphus Towns

Edolphus Towns

0:26:02 to 0:26:15( Edit History Discussion )

Edolphus Towns: like to yield some time to the gentlewoman from texas, who has been vero y involved in these issues over the years. and of course, it's my pleasure to yield to her because shehe understands how

Sheila Jackson-Lee

0:26:15 to 0:26:28( Edit History Discussion )

Sheila Jackson-Lee: important this issue is, the gentlewoman from texas, sheila jackson lee. ms. ckson lee: i want to thank my distinguished friend, congressman towns, and i think it's important to note his

Sheila Jackson-Lee

0:26:15 to 0:34:33( Edit History Discussion )
Speech By: Sheila Jackson-Lee

Sheila Jackson-Lee

0:26:28 to 0:26:39( Edit History Discussion )

Sheila Jackson-Lee: leadership on the energy and commerce committee for any number of years. we have joined together on understanding this issue as it impacts our very broad communities. the distinguished

Sheila Jackson-Lee

0:26:39 to 0:26:55( Edit History Discussion )

Sheila Jackson-Lee: congressman, as i note my good friend from georgia is on the floor as well, we all come from different districts. he comes from an urban center northeast district that has mass transit very

Sheila Jackson-Lee

0:26:55 to 0:27:09( Edit History Discussion )

Sheila Jackson-Lee: deeply. but it's interesting to note that the cost of gasoline impacts all of our constituents. i come from a broad, if you will, expansive district in the st ate of texas texhat has not only a

Sheila Jackson-Lee

0:27:09 to 0:27:21( Edit History Discussion )

Sheila Jackson-Lee: fledgling metro system, a metro system that whae are just beginning to build mass transit, but as well, it is a community that uses its cars. we car pool. we car pool to work. we live very far apart.

Sheila Jackson-Lee

0:27:21 to 0:27:35( Edit History Discussion )

Sheila Jackson-Lee: it's a very large district. and therefore, the cost of gasoline is very, very costly. so we have to come together to address this question esfrom the perspective of how would the consumer feel.

Sheila Jackson-Lee

0:27:35 to 0:27:50( Edit History Discussion )

Sheila Jackson-Lee: we know there's been a question, bracelet that everybody usedha to wear, asking the question how would a certain heavenly person feel about a queoustion. we now ask how does the consumer feel.

Sheila Jackson-Lee

0:27:50 to 0:28:05( Edit History Discussion )

Sheila Jackson-Lee: so i rise today to say that i think it is important foitr this congress to come together and to be able to push forward aran energy agenda that really gets down to the seeded, real l

Sheila Jackson-Lee

0:28:05 to 0:28:17( Edit History Discussion )

Sheila Jackson-Lee: individuals that are burdenened by this. let me explain, mr. towns, what i believe is important. let me applaud the lt eadership for their new direction in energy. it's an important direction.

Sheila Jackson-Lee

0:28:17 to 0:28:33( Edit History Discussion )

Sheila Jackson-Lee: it's a greening direction. it focuses on alternatives. it focuses on creating green jobs and getting a sense of understanding about the ab smallness of the resources that are available now, the fossil

Sheila Jackson-Lee

0:28:33 to 0:28:46( Edit History Discussion )

Sheila Jackson-Lee: fuel and other energy resources that need to be utilized. and therefore, it is important to, if you will, impress upon americans the value of conservation. but at the same time, i think there

Sheila Jackson-Lee

0:28:46 to 0:28:59( Edit History Discussion )

Sheila Jackson-Lee: are a lot of other issues that we can discuss. . i believe we should accept the premise th at there are other o energy resources we need to address. i come from texas and obviously we utilize

Sheila Jackson-Lee

0:28:59 to 0:29:11( Edit History Discussion )

Sheila Jackson-Lee: fossil fuel. i think it is important to recognize that fossil fuel is present, but i think we need to emphasize looking at independent producers. they were very prominent in years past. these are thsmaller

Sheila Jackson-Lee

0:29:11 to 0:29:22( Edit History Discussion )

Sheila Jackson-Lee: companies.le i do believe we need to look at where we are exploring it off the gulf, where those states of louisiana and texas have willingly accepted the exploration of gulf in a safe and environmental

Sheila Jackson-Lee

0:29:22 to 0:29:36( Edit History Discussion )

Sheila Jackson-Lee: way.w two year s or three years ago congressman nick lampson and myself passed legislation to encour age the federal government to do an inventory of what was available in terms of fossil

Sheila Jackson-Lee

0:29:36 to 0:29:47( Edit History Discussion )

Sheila Jackson-Lee: fuel resources in the gulf. i think that is important. we know he that there are challenges to exploring the outer continental shelf. there are challenges to explore ng anwr. there are challenges

Sheila Jackson-Lee

0:29:47 to 0:29:58( Edit History Discussion )

Sheila Jackson-Lee: in es exploring the coast, off the east coast and the west coast. i believe those issues are issues we need to wosurk with the local jurisdictions and governors and consumers for that to be

Sheila Jackson-Lee

0:29:58 to 0:30:09( Edit History Discussion )

Sheila Jackson-Lee: a comfortable process. but let us not get stuck on that. there are resources in the gulf. we have found that there's oil shale, i believe, that has been discovered in west virginia. there are

Sheila Jackson-Lee

0:30:09 to 0:30:23( Edit History Discussion )

Sheila Jackson-Lee: other domestic resources that were discovered in mississippi. we need to be able to utilize and to b e able to encouragethe safe development of existing resources. we know that our own

Sheila Jackson-Lee

0:30:23 to 0:30:33( Edit History Discussion )

Sheila Jackson-Lee: multinational energy companies are holding leases that they have not utilized. i believe it's important for us to call these individuals in to washington. the pres ident needs to call these

Sheila Jackson-Lee

0:30:33 to 0:30:46( Edit History Discussion )

Sheila Jackson-Lee: individuals in to washington. the heads of these major companies. and let us discuss why these oilcu leases are not being utilized. because there lies a possibility of additional resources. mr. towns,

Sheila Jackson-Lee

0:30:46 to 0:31:02( Edit History Discussion )

Sheila Jackson-Lee: you know that we have been discussing over the years the increasing of minority energy entrepreneurs. they come in all shapes and sizes. but i happen to know an energy company in the state of

Sheila Jackson-Lee

0:31:02 to 0:31:11( Edit History Discussion )

Sheila Jackson-Lee: texas that is held solely by african-americans with domestic deposits. they have resources. but what do they need? they need investment. they're not overseas. they're right here in the e

Sheila Jackson-Lee

0:31:11 to 0:31:24( Edit History Discussion )

Sheila Jackson-Lee: united states . but they need investment. and so i think there are a lot of small independent producers that the legislative scheme here in the u nited states does not foster their development.

Sheila Jackson-Lee

0:31:24 to 0:31:37( Edit History Discussion )

Sheila Jackson-Lee: does not provi de them access to capital, does not allow them to build on the resources that they have. you can be assured that the more resources we put out allows us to have the ability to

Sheila Jackson-Lee

0:31:37 to 0:31:47( Edit History Discussion )

Sheila Jackson-Lee: bring down the cost of gasoline.ol let me add an additional point think a think should be considered. when you talk to the multinationals about the cost of gasoline, they'll refer you to the antiquated

Sheila Jackson-Lee

0:31:47 to 0:32:02( Edit History Discussion )

Sheila Jackson-Lee: refineries. that they need to build more refineries. that, too, requires a coming together at the table. i believe we need to have a discussion so they can explain what does it mean by having

Sheila Jackson-Lee

0:32:02 to 0:32:12( Edit History Discussion )

Sheila Jackson-Lee: an antiquated refinery. there's a new refinery being built in east texas and in louisiana. that refinery took a long time to build. but maybe we need to update the refineries. i know

Sheila Jackson-Lee

0:32:12 to 0:32:24( Edit History Discussion )

Sheila Jackson-Lee: that is a questionable proposal and policy, to make them more environmentally efficient and safe. that is a key element to dealing with this. before i yield back and wait a moment as you yield

Sheila Jackson-Lee

0:32:24 to 0:32:41( Edit History Discussion )

Sheila Jackson-Lee: to the distinguished gentleman from georgia, i want to cite some numbers that says that information administration estimates that the united states imports nearly 60% of the oil it consumes.

Sheila Jackson-Lee

0:32:41 to 0:32:51( Edit History Discussion )

Sheila Jackson-Lee: the oil's greatest petroleum reserves are in high, geopolitical risk, including 57% in the persian gulf. replacing oil imports with domestic alternatives cannot only help reduce the $ h108 billion

Sheila Jackson-Lee

0:32:51 to 0:33:04( Edit History Discussion )

Sheila Jackson-Lee: that oil contributes to our annual trade deficit, it can end our addiction to foreign oil. these alternatives should be matched with domestic production that may be held by a lot of these small,

Sheila Jackson-Lee

0:33:04 to 0:33:15( Edit History Discussion )

Sheila Jackson-Lee: independent producers. and also, the individual oil companies, the large ones who have leases here in the united states, we need to have an inventory and get a determination as to why these

Sheila Jackson-Lee

0:33:15 to 0:33:24( Edit History Discussion )

Sheila Jackson-Lee: leases are not being developed. according to the department of agriculture, biomass can displace 30% of our nation's petroleum consumption. so there are ways that we can confront this issue.

Sheila Jackson-Lee

0:33:24 to 0:33:38( Edit History Discussion )

Sheila Jackson-Lee: one other way, of course, is o develop more professionals of which we have discussed and i want to discuss that later. t but let me conclude by saying, we have a real crisis in addition

Sheila Jackson-Lee

0:33:38 to 0:33:50( Edit History Discussion )

Sheila Jackson-Lee: to the cost of gasoline. that crisis includes jetri fuel. and we're seeing the merger of airlines and also a crisis in the airline industry because of the cost of jet fuel. that, too, impacpats

Sheila Jackson-Lee

0:33:50 to 0:33:59( Edit History Discussion )

Sheila Jackson-Lee: on our consumers. so i frankly believe as we discuss this, mr. towns, we should talk about what speculators have done to the energy industry, we should talk about minority entrepreneurs

Sheila Jackson-Lee

0:33:59 to 0:34:09( Edit History Discussion )

Sheila Jackson-Lee: who are able to participate in this industry, we should talk about independent producers, we should talk about greening america, we should talk about coalnservation and really we should get

Sheila Jackson-Lee

0:34:09 to 0:34:21( Edit History Discussion )

Sheila Jackson-Lee: to the bottom line of how we help our consumers. i think we bring all these elements together, we'll be able to do so. i'd like to reserve my time o by yielding bac k to you for a a moment

Sheila Jackson-Lee

0:34:21 to 0:34:33( Edit History Discussion )

Sheila Jackson-Lee: and join you at a later time. i yield back to the gentleman. mr. towns: let me thank the gentlewoman from texas for her remarks because let's face it, she's right. we need to end our addictitoon

Edolphus Towns

0:34:33 to 0:34:40( Edit History Discussion )

Edolphus Towns: to foreign oil.n we have to do that. i mean, there's noi if, ands or but the's about it. that's something we mu'sst address. of course, the gentleman from en georgia, who's been out there

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