New Jersey — First Congressional District Message of the Day |
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Today, President George Bush outlined his plan to meet the Nation’s
current and future energy needs. Although there are many areas in which we
can work together, the President is making a mistake by being unwilling to
pursue price-fixing by oil companies. At the same time Americans are
paying record prices at the pump, the big oil companies are posting record
profits. We must ensure that the price Americans are paying at the pump
has not been artificially inflated.
We should not begin to relax our environmental standards in an effort to keep pace with the country's energy demand. If we begin to drill for oil in the Nation's most pristine and natural settings like the Arctic National Wildlife Refuge or off the coast of the Jersey Shore, experts have indicated we will not come close to providing enough oil to offset the country's demand and we run the risk of permanently damaging these areas. That is a losing proposition, which I do not endorse. Currently, natural gas makes up approximately 23% of the country's energy use. We need to expand our reserves to increase this to a third. Natural gas has proven to be a source of clean, safe energy and is abundant domestically so we will not be forced to rely on the changing whims of foreign governments for an uninterrupted supply. Finally, I agree with the President in his call for increased energy
conservation. I too support alternatives that concentrate on demand
reduction. Last year, I wrote to President Clinton supporting
changes in Corporate Average Fuel Economy (CAFE) law, which would tighten
regulations on fuel consumption standards for passenger cars. I
supported a bill to authorize the Department of Transportation, pursuant
to a study by the National Academy of Science (NAS) to recommend
"appropriate" CAFE standards, subject to approval by a Joint Resolution of
Congress. I am looking forward to receiving the results of this
study some time this Summer. |
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