Mr. Speaker, I move to strike the requisite number of words. Mr. Speaker, before I get into my remarks, let me talk about some of the remarks and the comments that have been made. I know we've heard a study quoted about $3.50 natural gas.…
Mr. Speaker, I move to strike the requisite number of words.
Mr. Speaker, before I get into my remarks, let me talk about some of the remarks and the comments that have been made. I know we've heard a study quoted about $3.50 natural gas. Right now if you can find $3.50 natural gas anywhere, we ought to buy it because now it's $6 to $7 per million cubic feet for natural gas right now. And so whatever studies talk about $3, $3.30, whatever, is really not relevant.
I represent a district that we actually have zero emitting natural gas wells in the Gulf of Mexico. Zero emitting for air pollution, zero emitting for water pollution. And I've offered many times to take colleagues who've never been to a natural gas offshore well to just come to the Gulf of Mexico, either off of Texas or Louisiana or maybe Mississippi or Alabama where folks also drill off the coast.
Natural gas is one of the cleanest producing fuels we can use. I'm a strong supporter of this Peterson amendment to allow the Department of the Interior to issue new leases for offshore natural gas in areas 25 miles off the coast. We're not talking about 3 miles off the coast. We're not talking about 10 miles. We're talking about 25 miles.
This amendment has less to do with fossil fuels and everything to do with helping Congress address our climate change and transition America to a clean energy future. If you are for renewables, if you're for cleaner power, if you're for low-emitting vehicles, if you're for reducing greenhouse gas emissions, then you should be increasing the access to the domestic natural gas supplies.
Demand for natural gas is already building across our economy, and proposals pushing cleaner energy will only accelerate the demand. That's because it takes a lot of natural gas to make the materials for our economy that make it more energy efficient. Insulation, weatherization materials, thermal windows, appliances, lightweight vehicle parts, low-resistance tires, compact fluorescent light bulbs, heat reflecting coatings, house wrap, the list goes on and on. All are made from materials that are directly made from natural gas.
It also takes natural gas to make materials that make wind turbine blades and solar panels to run biomass facilities and to run cleaner burn power plants.
One example is right here in the Capitol where our Speaker and majority leader directed the Chief Administrative Officer, our CAO of the House, to develop a green Capitol initiative. The CAO officer announced last week that his strategy to reduce CO2 emissions from the Capitol power plant was to use natural gas instead of coal, which will lower CO2 emissions by 30 percent from 2006 level. This is equivalent to taking 1,900 cars off the road each year.
Mr. Chairman, I urge my colleagues to back up their support for addressing both climate change and by supporting domestically produced natural gas in the environmentally responsible Peterson amendment.
Mr. Chairman, I want to thank my Pennsylvania colleague for yielding to me.
This is similar to the earlier amendment, although I rise in strong support of this because it is for new leases, offshore natural gas and oil, at least 100 miles of the U.S. coast.
Supply and demand for our energy is out of control and our Nation needs more energy from all sources. Demand for natural gas is already building across the economy and proposals pushing cleaner energy will only accelerate this demand. Natural gas, again, is the most abundant clean-burning fuel to heat and cool our homes and businesses. We also need a lot of natural gas to make the materials that we make wind turbine blades out of and solar blades.
Opening the OCS would save $300 billion in natural gas costs over 20 years for customers and manufacturers. High natural gas costs are sending manufacturing jobs overseas following the cheap gas. When I had the Shell CEO of Western Hemisphere two years ago sit in my office and say they transferred jobs from their chemical facilities in our country to the Netherlands because of the high cost of our natural gas, because the North Sea gas was so much cheaper, that is why we need the Peterson amendments.
Environmentally conscious nations like Norway, Denmark, Canada, Japan and the United Kingdom are safely producing natural gas in their coastal waters. Why can't we do it?
No other country in the world can it do as responsibly as we can. I have been on oil and gas rigs and have seen so few discharges into the ocean. A medium-sized fishing boat will leak more in a year than we will see off some of our rigs.
This amendment is a major opportunity for us to respond to today's energy crisis and the climate change with a national solution. I urge my colleagues to support the oil and gas production on the Outer Continental Shelf and support the Peterson amendment.