Mr. Chairman, first let me say that I support the bill in front of us, for these two rivers in Vermont. And I think that it's unfortunate that we can't seem to work on the particular bills in front of us because of the issue that the…
Mr. Chairman, first let me say that I support the bill in front of us, for these two rivers in Vermont. And I think that it's unfortunate that we can't seem to work on the particular bills in front of us because of the issue that the friends on the other side of the aisle keep bringing up.
What I find particularly disturbing is that for 8 years we have had two oilmen in the White House with no energy policy and my colleagues on the other side have sat silent for 2 long years, nothing since I have been here talking about it, 8 years since President Bush has come into office, and suddenly in the waning hours of this session, they are now talking about an energy policy.
I certainly welcome them to this. I think we do need an energy policy. I wish they had started talking about an energy policy 8 long years ago. What they allowed to happen in the past 8 years is for us to lose ground on an Apollo-type project to bring a real energy policy to the United States. They have allowed the oil companies to reap the greatest profits in history while they have allowed the American taxpayer to suffer while they subsidize these oil companies. That's just outrageous that they are now at this point 8 long years into it and getting near an election and they're suddenly talking about the lack of an energy policy.
Thank you, gentlemen, for bringing this to our attention. We have been speaking about this lack of an energy policy for a long time.
I would like to say that their idea of drill, just drill, drill, drill, and we heard it at their convention, drill, baby drill. That is a Fred Flintstone policy. Drill, baby drill, I heard a reporter say, is like people standing there at the edge of the technology revolution yelling, Electric typewriters, electric typewriters.
We are now right at the edge of this wonderful, wonderful future for our country. If you decide to join us and invest in an Apollo-type program, a program for energy independence, a program that would allow us to be independent of these nations, to have an economic base here in this country, to create jobs in a green technology, and to have renewables.
One of your own party, T. Boone Pickens, who has talked often about, and has run ads, by the way, about the fact that we can't drill our way out of this, that we only hold 2 to 3 percent of the oil and that we are consuming 25 percent. Yet I haven't heard the word ``conserve'' over there until just now. I heard one mention it.
We've ignored conservation, we've ignored wind, we've ignored solar, we've ignored all kinds of renewables. And when we have the drill, baby drill plan and drill baby, drill only. Well, you know what? We have simply got to face these issues. We should have faced them 8 long years ago, and we should have faced them when I got here in this 110th Congress. But I certainly welcome you to the debate now.
So why don't we do this? Why don't we first take away the subsidies from the oil company and invest in renewables? I think that would be a good start to show Americans that we hear them. Why don't we take the speculators out of the market, since we are all very concerned about the price of energy. I am particularly concerned about what is happening in New Hampshire, where the oil is so high and the winter is coming on us. I am concerned that the President of the United States put in his budget a cut in the Low Income Heating Energy Assistance Program.
So why don't we do this? Why don't we take the speculators out of the market? Why don't we say Drill now, drill, to the oil companies who had 68 million acres and they would not drill on. That would be helpful.
There's a number of things that we could have done, and I agree with you that we are at the last moments here, and it's outrageous. But we have the future of America in our hands. We have the ability, as T. Boone Pickens said, to take the wind from--he named Sweetwater, Texas to Hastings, Nebraska--we have great wind capacity, and to take solar from Sweetwater, Texas to California, and catch that. And biomass. And, yes, drilling. Drilling on land and leases that we have.
Why didn't you agree to take the leases away if the oil companies wouldn't drill? Why not? Why not do something except stand there with the same, tired drill, baby drill.
We are on the eve of this wonderful technology. We have so many people and businesses ready to invest in it. Oil companies certainly have their role. And we are dependent on oil. We are more dependent on oil than we were when George Bush came into office. That's true. But where have you been for 8 long years?
I welcome you to this discussion. But I think we should have the discussion in the appropriate place and not block every piece of legislation that is coming through right now, and let's have a comprehensive energy plan. And the first thing the other side could do to show their good faith in this would be to vote against the tax subsidies for the oil companies. If we really want to protect the American taxpayer, why don't we stop forcing them to subsidize oil companies? That would be my first question. Thank you.