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Senate Proceeding on Dec 13th, 2007 :: 0:48:13 to 0:53:32
Total video length: 4 hours 16 minutes Stream Tools: Stream Overview | Edit Time

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Richard Durbin

0:43:32 to 0:48:13( Edit History Discussion )
Speech By: Richard Durbin

Richard Durbin

0:47:56 to 0:48:13( Edit History Discussion )

Richard Durbin: senator: mr. president, aren't prices of gasoline high enough? mr. cornyn: why would we want to raise the price of gasoline for the american consumer by raising taxes and the cost of doing business

John Cornyn

0:48:13 to 0:48:28( Edit History Discussion )

John Cornyn: on the people that produce oil and gasoline for the american consumer. there's -- that's exactly the argument that i think we just heard from the distinguished sia sis -- assistant majority leader. that

John Cornyn

0:48:13 to 0:53:32( Edit History Discussion )
Speech By: John Cornyn

John Cornyn

0:48:28 to 0:48:41( Edit History Discussion )

John Cornyn: taxes are not high enough on the domestic producers of oil and gasoline. mr. president, i think this -- this vote we just had was a very important vote. what we said is, we think prices are too high and

John Cornyn

0:48:41 to 0:48:56( Edit History Discussion )

John Cornyn: should not be any higher, and we don't believe that we ought to depend more and more and more on imported sources of oil and gas. we believe we ought to produce more domestically here in the united

John Cornyn

0:48:56 to 0:49:11( Edit History Discussion )

John Cornyn: states. and the kind of targets argument that's we hear from the other side of the aisle demonstrates a schizophrenia when it comes to the national energy policy, further burdening those who produce

John Cornyn

0:49:11 to 0:49:27( Edit History Discussion )

John Cornyn: oil and gasoline here domestically, and then at the same time railing about the high prices. well, congress can pass laws, congress can repeal laws, but the one law congress can't repeal is the law of

John Cornyn

0:49:27 to 0:49:42( Edit History Discussion )

John Cornyn: supply and demand. and one of the ways we're going to find our way to a more reasonably priced gasoline at the pump is if we increase the supply. we know we're in global competition for oil and gas,

John Cornyn

0:49:42 to 0:49:56( Edit History Discussion )

John Cornyn: and that's one of the reasons why the prices continue to go up. because supply is not keeping pace. and one of the things we need to do is to take reasonable steps to open up areas that are now

John Cornyn

0:49:56 to 0:50:11( Edit History Discussion )

John Cornyn: out of bounds to domestic exploration for these precious natural resources in an environmentally responsible way as a modern oil and gas industry is capable of doing. and it doesn't do any good

John Cornyn

0:50:11 to 0:50:24( Edit History Discussion )

John Cornyn: to rail against big oil or to try to use any sector of the economy as a political football when it hurts the american consumer and the american people. so i agree with the distinguished senator from

John Cornyn

0:50:24 to 0:50:37( Edit History Discussion )

John Cornyn: new mexico that it was important that we defeat this tax increase that would raise the price of gasoline at the pump for the american consumer and now we can come together and work on another important

John Cornyn

0:50:37 to 0:50:52( Edit History Discussion )

John Cornyn: element of our national energy policy, and that's conservation. we need to conserve and to use our -- our natural resources more efficiently and that's what the cafe provisions of this bill will

John Cornyn

0:50:52 to 0:51:05( Edit History Discussion )

John Cornyn: do. and, yes, we need to explore and put money into research and development of renewable fuels to try to find new and more efficient ways to -- to limit our reliance on oil and gasoline, but in the

John Cornyn

0:51:05 to 0:51:24( Edit History Discussion )

John Cornyn: near term, we know that's going to be a part of -- we know that's going to be part of the puzzle. and we need to explore clean nuclear energy as a source of electricity. france produces more than 80%

John Cornyn

0:51:24 to 0:51:39( Edit History Discussion )

John Cornyn: of their electricity using nuclear power. here in america it is around 20%. and we need to get away from the scare tactics and using the energy companies that we're going to have to in part rely upon

John Cornyn

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

John Cornyn: to find our way out of where we are and to come up with a comprehensive energy strategy which says, yes, we need to tap into all sources of energy in an environmentally responsible way in a way that will

John Cornyn

0:51:51 to 0:52:04( Edit History Discussion )

John Cornyn: limit carbon production and will help with the issue of climate change at the same time.~ but we're not going to do it by raising taxes on the come to domestic oil and gas industry. i would just

John Cornyn

0:52:04 to 0:52:21( Edit History Discussion )

John Cornyn: point out that the competitors for most of the people that the majority wants to add taxes t are competing with people like hugo chavez and ahmadinejad in iran, state-owned oil companies that would not

John Cornyn

0:52:21 to 0:52:33( Edit History Discussion )

John Cornyn: be subject to this increase in taxes. and so they're literally target targeting the domestic producer in a way that will further harm our ability to become less dependent on imported oil and gas. so,

John Cornyn

0:52:33 to 0:52:45( Edit History Discussion )

John Cornyn: mr. president, i'm proud of the vote the senate had today. i hope we'll go forward and come up with a commonsense, bipartisan resolution on the cafe and renewable standards portion of this bill, we'll

John Cornyn

0:52:45 to 0:53:01( Edit History Discussion )

John Cornyn: pass the bill and send it to the president for a quick signature. it would be one of the very few areas where this congress will have actually done something positive here in the last year, and i think

John Cornyn

0:53:01 to 0:53:11( Edit History Discussion )

John Cornyn: we ought to not give up that opportunity but take advantage of it. i yield the floor. mr. gregg: mr. president? officer mr. alexander: mr. president? the presiding officer: the senator from tennessee.

John Cornyn

0:53:11 to 0:53:32( Edit History Discussion )

John Cornyn: mr. alexander: mr. president, sometimes here in the senate we have so many competing views and so many different kinds of votes votes, some of them procedural, that it's hard to tell when something good

Lamar Alexander

0:53:32 to 0:53:45( Edit History Discussion )

Lamar Alexander: happens. i want to talk about such an opportunity that we have right now, a little bit something like my late-friend alex haley use ed to say, "find the good and praise it." we're on the path in the

Lamar Alexander

0:53:32 to 0:59:32( Edit History Discussion )
Speech By: Lamar Alexander

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