I want to talk about the energy situation tonight. When I go back to my district, the number one subject today is that people are talking about the cost of fuel. Of course, the other one is affordable housing. But when you look at it, they…
I want to talk about the energy situation tonight. When I go back to my district, the number one subject today is that people are talking about the cost of fuel. Of course, the other one is affordable housing. But when you look at it, they are all connected.
Of course, when you talk to the taxi drivers, they are saying we cannot make a living because of the fact that gasoline is so high. The bus drivers, the same thing. Hardworking people are finding it almost impossible to make it today because of the price of fuel.
Of course, this is something that has happened all of a sudden. In 2005, gasoline was $2.20 per gallon in December of 2005. Now, today the price of gasoline is $4.10 per gallon. That is June 19, 2008, according to the Energy Information Administration, the agency that collects official energy statistics for the United States Government. In other words, gas is just creating a tremendous problem in this Nation.
Now I know people will say, Well, here's the solution. But let me just say to you there is no silver bullet here, that there is no single solution to this problem. But I think the worst thing in the world to do is to continue to ignore the problem.
You have people saying, Well, ethanol is the solution. Then you have others will say that the fact that ethanol might not be the solution, but we need to make certain that we create cars that will go further. All these things are good, but when we are dealing with a problem like this, whenever you make a decision or make an adjustment, there's always something else that is going to happen.
Hybrid cars. People are coming in now saying that, Look, we are having problems. The blind, in particular. We travel by sound. We can't hear. We are getting knocked down in the parking lots. Senior citizens are getting knocked down.
So we need to look at all these things to be able to bring about safety, but at the same time we have to be able to make certain that the fuel prices come down so people don't have to make a decision as to whether they buy gas or whether they buy food. I mean that is where we are. People who have been volunteering, providing care for seniors, driving them to the shopping mall and driving them to various places, are now saying, I can't do it any more because of the price of gasoline. That, to me, is a shame and a disgrace in one of the wealthiest countries in the world, that we are not paying more attention to our seniors, and of course, as a result, things are getting worse.
What I would like to do now is to yield some time to the gentlewoman from Texas, who has been very involved in these issues over the years. Of course, it's my pleasure to yield to her because she understands how important this issue is, the gentlewoman from Texas, Sheila Jackson- Lee.
Let me thank the gentlewoman from Texas for her remarks, because, let's face it, she is right. We need to end our addiction to foreign oil. We have to do that. I mean, there are no ifs, ands and buts about it. That is something we must address.
Of course, the gentleman from Georgia has been out at the forefront talking about this issue, and, of course, we are delighted he has joined us in this discussion tonight. We are happy to have Hank Johnson from the great State of Georgia, who is a leader on this issue as well. Thank you for joining us. I yield to you.
Thank you, the gentleman from Georgia, for his remarks. Of course, he's right on the issue. There are no ifs, ands, or buts about it.
We look at the fact that there has been a 5-year trend of record oil profits under this administration. In 2007, the big five oil companies raked in a profit of $127 billion. That's ``B'' as in ``boy.'' It is simply unacceptable that consumers are bearing these costs while corporations continue to profit.
Now, the gentlewoman from California, to whom I'm getting ready to yield, has been at the forefront. She has been saying this now for a number of years. Of course, I would say to you that I wish that the country had listened to her because I'm certain, if they had listened to her, we would not have the mess that we have now.
It's my honor to yield 5 minutes to the gentlewoman from California, Barbara Lee.
Let me thank the gentlewoman from California for her remarks and to say that you're right. Our priorities are definitely upside down. There's no question about that.
Mr. Speaker, how much time do we have left?
Thank you very much.
At this time, I'd like to yield 5 minutes to the gentlewoman from Texas, Congresswoman Jackson-Lee.
Let me say one other thing. I think the energy summit is just a terrific idea because you have so many people who feel there is a single solution to the problem. There is no single solution to the problem. It is going to require less dependence on foreign oil. We must recognize that. We must promote market-based programs that recognize and reward clean energy technology. We need to do that. And we must launch a cleaner, smarter energy future for America that lowers costs for consumers.
We must look at ethanol and consider wind and look at all of these different things in order to make certain that the problem is solved.
I yield to the gentlelady from Houston, Texas.
And it also has gas price gouging and market manipulation included in that legislation.
I yield to the gentleman from Georgia (Mr. Johnson).
It affects a lot of things. First of all, when you look at young people and you talk about the gas prices and what it costs for them to go to work, it prevents them from purchasing a home. They can't afford to buy a home and pay all of these high prices for gas. And of course the fact that some buses are not running, which as you indicated means children are going to have to walk to school because of the fact that these buses are saying we are not making a profit because of the gas prices.
So when you look at the facts, they do not have affordable housing, and the fact that they can't afford to buy a home because of the gas prices, and of course we need to look at tax incentives and things that will bring about this discussion that we need to have because this is a serious problem. And to ignore it, it is not going to go away. It is going to get bigger and it is going to get worse.
We have to come together with a policy that is going to protect not only the seniors, the young, and the middle-aged, to protect America. This is something that we must do. We can no longer allow and have the rich continue to get richer and at the same time having people in a position to have to make a decision whether they are going to buy gasoline or whether they are going to buy food. That is wrong, and we should not stand for it.
I yield to the gentlewoman from Texas (Ms. Jackson-Lee).
Madam Speaker, I yield 2 minutes to the gentlewoman from California (Ms. Lee).
Mr. Speaker, how much time do we have left?
On that I would like to yield 2 minutes to the gentleman from Georgia (Mr. Johnson).
Thank you.
Let me thank all of you for participating in this Special Order. It was said earlier on, I think by Congresswoman Lee, that one reason the food costs have increased along with fuel costs is that fuel is required to both produce and transport food. So in this regard, the rise in fuel costs is felt not only at the pump but at the grocery store as well because people are paying more for our gas.
So I want to thank you for highlighting this tonight because this is something that we just can no longer stand back and ignore.
Mr. Speaker, the balance of the time I yield to the Congresswoman from Jacksonville, Florida, (Corrine Brown).
From Washington to New York 2\1/2\ hours?
Thank you very much, Mr. Speaker.