The Republican response to rising gas prices is to bring forward
today or tomorrow on the House floor a feel-good, do-nothing bill.
Members of Congress will rattle their rhetorical sabers at OPEC. But
what we ought to be doing -- what the American people expect and
deserve -- is serious legislating on energy policy. I will oppose
the bill they are bringing forward because it does not allow for
meaningful energy policy amendments.
There are many worthy amendments which deserve consideration but
the Republican leadership refuses to allow us to consider these
sound initiatives to increase energy independence and reduce
reliance on foreign sources of oil a regional home heating oil
reserve for the northeast, reauthorization of the Strategic
Petroleum Reserve, a suspension of exports of oil produced in
Alaska, incentives to improve the energy efficiency and promote use
of renewable energy sources, increasing CAFE standards.
We ought to be focusing on what we can do to improve energy
policy in the United States rather than on what we can not control
overseas.
It was only a year ago that Republican committee chairmen were
holding hearings and complaining about historically low oil prices
hurting oil and gas production. Now they are trying to blame the
Administration for oil price increases. The reality is that
congressional Republicans have undercut the effort for energy
independence by failing to enact the Administration's energy
initiatives.
They have compounded the current oil supply and price crisis by
cutting funding for energy conservation and efficiency programs.
Since they took control of the Congress in 1995, Republican
leaders in Congress have underfunded energy conservation and
efficiency programs by providing $2 billion below the
Administration's proposed spending levels. They have steadily cut
back on critical energy programs, including solar and renewables,
weatherization and other initiatives.
And Republican leaders are proposing to make things even worse in
the upcoming budget resolution by effectively cutting energy
programs by 30 percent.
Instead of working constructively to deal with complex energy
problems, some Republican leaders have seen the price increases
merely as political opportunities to advance their longstanding --
but unpopular -- agenda to open the coast of California and other
states to oil drilling, and to promote oil drilling in the Arctic
National Wildlife Refuge in Alaska.
They also put out press releases claiming that the Clinton-Gore
Administration has "done nothing" to increase domestic oil
production.
The economic fact of the matter is that oil production in this
country has declined recently because of low oil prices, not
Administration policies .
When prices are low, there is less incentive to drill and
produce. When prices are high, as they are now, production should
pick up. In fact, the Department of the Interior is projecting that
oil production in the Gulf of Mexico will increase by nearly
one-third in the next two years.
The Administration is opposed to expanded oil development off the
California and Florida coasts or in the Alaska wildlife refuge. So
is most of the American public. But to say that this Administration
has not been supportive of the domestic oil and gas industry is
unfair.
Among other policies, they have promoted royalty incentives for
the deep water in the Gulf of Mexico, they have allowed leasing in
the National Petroleum Reserve - Alaska, and they have supported the
export of Alaskan oil as incentives for producers.
I think the Administration has gone too far with some of these
policies, providing undeserved windfalls to the energy companies. As
for Alaska oil exports, we can no longer afford to send domestically
produced oil to Asia when oil supplies are short and prices are so
high on the West Coast. About 60,000 barrels of Alaska oil per day
is being diverted away from west coast consumers.
It's tragic that we are not allowed to debate and vote today on
the DeFazio amendment which would assure that Alaska oil is used to
help in this time of high prices.
Once again, what we ought to be doing -- what the American people
expect and deserve -- is serious legislating on energy policy. The
Republican bill being brought forward this week fails to accomplish
that.