SOUND ENERGY POLICY NEEDED FOR ECONOMY, NATIONAL SECURITY, AND LOWER GAS PRICES -- (House of Representatives - March 23, 2000)

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   (Ms. DUNN asked and was given permission to address the House for 1 minute and to revise and extend her remarks.)

   Ms. DUNN. Mr. Speaker, working Americans across the country are paying the highest prices at the pump at any time since World War II. More and more of their hard-earned dollars are spent on gasoline, leaving far less dollars to be spent on their loved ones.

   But the lack of any energy policy by the Clinton-Gore administration has put not only our economic security at risk but our national security as well. The United States relies on foreign imports at this point for 56 percent of its crude oil needs today. That compares to 35 percent during the Arab oil embargo in 1973. Think what that would mean to the United States if that supply were suddenly cut off.

   The Clinton-Gore energy policy will just make things worse before they get better. The Department of Energy estimates that in 20 years the United States will be dependent on foreign imports for 65 percent of our crude oil needs.

   We must have a sound energy policy to provide for America's economic and national security interests and lower prices at the pumps.

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