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Senate Proceeding on Jul 29th, 2008 :: 0:37:23 to 0:39:29
Total video length: 2 hours 28 minutes Stream Tools: Stream Overview | Edit Time

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Lamar Alexander

0:35:28 to 0:37:23( Edit History Discussion )
Speech By: Lamar Alexander

Lamar Alexander

0:36:54 to 0:37:23( Edit History Discussion )

Lamar Alexander: thing we can do to respond to this and drive the price down is found on the chart from the senator from tennessee "find more and use less." and the "new york times" makes that point. reduce scum shup,

John Cornyn

0:37:23 to 0:37:41( Edit History Discussion )

John Cornyn: that reduce consumption, that reduces demand but find new energy sources and we have a huge volume of that in natural gas and crude oil right here in the united states primarily off our shores which

John Cornyn

0:37:23 to 0:39:29( Edit History Discussion )
Speech By: John Cornyn

John Cornyn

0:37:41 to 0:38:02( Edit History Discussion )

John Cornyn: is why beth the senator -- both the senator from texas and tennessee and i support more offshore drilling to, expand the production of american energy to meet this crisis. mr. alexander: how much time

John Cornyn

0:38:02 to 0:38:21( Edit History Discussion )

John Cornyn: doe have remaining? the presiding officer: six minutes and 45 seconds. mr. alexander: if supply and demand is the major way to deal with speculation i believe the republican legislation, the gas price

John Cornyn

0:38:21 to 0:38:37( Edit History Discussion )

John Cornyn: reduction act, does have in it a couple of legislative suggestions for how we might appropriately deal with speculation without interfering with supply and demand. the senator from texas may help to author

John Cornyn

0:38:37 to 0:38:52( Edit History Discussion )

John Cornyn: that piece of legislation. mr. cornyn: we tried to find sort of a consensus or economic ground that we could, hopefully, agree upon and ask some of our friends on the other side of the aisle to join

John Cornyn

0:38:52 to 0:39:17( Edit History Discussion )

John Cornyn: us and rather than talking about the issue to actually solve the problem and so we did include, as part of the "find more, use less" formulation, a title on speculation where we say there needs to

John Cornyn

0:39:17 to 0:39:29( Edit History Discussion )

John Cornyn: be, certainly, transparency so we can see what's going on and to the extent the commodities futures trading comssion needs more cops on the beat, they need more resources to be able to do their job,

Jon Kyl

0:39:29 to 0:39:41( Edit History Discussion )

Jon Kyl: then we need to supply them, those analysts and those vest guards, those resources to be able to make sure abuses don't occur. i remember when the senator from arizona was talking, warren buffet has been

Jon Kyl

0:39:29 to 0:41:01( Edit History Discussion )
Speech By: Jon Kyl

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