I thank the gentleman from New York for yielding. I think it is wonderful that we are talking about the Soap Box Derby. It is a good thing that it doesn't require any energy or any gasoline, because…
I thank the gentleman from New York for yielding.
I think it is wonderful that we are talking about the Soap Box Derby. It is a good thing that it doesn't require any energy or any gasoline, because the gas prices in this country are higher than I think anybody would have expected in our lifetimes. It is about $4 a gallon now, and people are asking me in my district, what are we going to do about this? What can we do about it?
Well, we should have done something about this a long time ago. The principal reason we are seeing these high gas prices is because we are far too dependent on foreign sources of energy. Why is that? Well, I know that as this one Member from Ohio can tell you, I voted 11 times in the last 14 years to open ANWR in Alaska for exploration and drilling. We think we have somewhere between 10 and 16 billion barrels of oil there. Unfortunately, we have handcuffed ourselves and put that off limits.
We also have the Outer Continental Shelf, where we have upwards of 86 billion barrels of oil and huge amounts of natural gas. If we had access to that natural gas, we wouldn't see the high heating prices for heating one's home in the wintertime.
But this is essentially the policy that this new majority here in Congress has put into effect. In reality, over the last decade, decade- and-a-half, even though they were in the minority in the time, they were able to block it over in the other body, in the Senate. So we had the votes here in the House to do it, but they didn't have the votes over there.
When you put huge amounts of energy like that off limits, it means we have to get that oil somewhere, so that means, unfortunately, we have to import it from OPEC nations, for example, who literally just keep the spigot turned down so that there isn't enough supply out there. Then when you have economies in India and China expanding and growing, it is a supply and demand issue. So the price goes up and continues to go up, because we are far too dependent on buying that oil from somewhere else. About two-thirds of our oil we buy elsewhere.
I know when the new Speaker of the House, Ms. Pelosi, took over here, a few months before the election she made the statement that the gas prices were outrageous. They made a big campaign issue about that. At that time they were $2.30 a gallon. She said that was outrageous, and they had a plan to do something about that. Well, the plan that we have seen from this new majority here in the House of Representatives has resulted in it going from $2.30 a gallon to about $4.00 a gallon in less than 2 years.
So the problem is this new majority that talks about an energy policy, and they actually passed an energy bill recently, it was a no- energy bill, because it didn't open up ANWR, it didn't open up the Outer Continental Shelf. It did nothing about making it possible for us to build oil refineries in this county.
We haven't built an oil refinery since 1976, over 30 years, making it virtually impossible to build an oil refinery. Therefore, even if we had enough crude in this country, we couldn't refine it quickly enough to be able to put it in our cars.
They have also been instrumental in pushing for these boutique fuels, where different States have different blends so the supply is very difficult to get around. That has driven the price up.
Also the liberals here in the House of Representatives over the years, and in this country, for that matter, their policy has been no new nuclear power plants. Now, France has 80 percent of their electricity produced by nuclear power plants. About 20 years ago, the liberals in this country were able to effectively shut down new nuclear power plants being built in this country. We have over 100 of them right now, but that means we haven't built any newer ones. China and India and other countries around the world are building them and relying more and more upon nuclear, but not the United States.
Many of us said what we are seeing now was where we were heading if we didn't change these policies. Unfortunately, this new majority here in the House of Representatives has gone just in the opposite direction from where they need to go. They have restricted us. They continue to restrict us from getting access to new energy which we have under our control in this country. They keep saying, let's just buy it from someplace else. Let's buy it from the OPEC countries. They will be nice to us. Well, they are not being nice to us. It is in their economic interests to continue to have this price continue to go up.
It is an absolute shame. It is a disgrace. It is unconscionable that this Congress consistently votes to make it harder and harder to be energy self-sufficient. That is where we need to go, not being more and more dependent upon foreign sources of energy. If we don't change it, the prices that we see right now, which are extremely high and are hurting an awful lot of people, will continue to go up.
Diesel is another problem. If you talk to any truckers right now, the price now is driving a lot of these people out of business. I was visiting with a fellow who is a farmer in my district last Friday who also has a side business. He had a truck. He pointed out it was behind one of his barns. He said, ``I just park it now.'' It costs $1,500 to fill up his tanks in that truck now. He just can't afford to do it.
And that is affecting every American, because everything that we buy, whether it is furniture, whether it is food goods, almost anything that we purchase in this country is transported at some point or another over truck. That means those prices are going to continue to go up again. So I challenge this majority to change their policies, to take a good look at what they have been doing and the direction that we are heading and reverse that and allow us to become less dependent on foreign sources of energy. Let's bring these gas prices down before it cripples this country and cripples our economy.