Mr. Speaker, I am here tonight to talk about energy security. We have talked about energy independence, and I think that is a subset of energy security. We have to look at the world in total, and we have to realize that we need to secure…
Mr. Speaker, I am here tonight to talk about energy security. We have talked about energy independence, and I think that is a subset of energy security.
We have to look at the world in total, and we have to realize that we need to secure our own energy sources if we are going to secure the future of our country. Even as I look at probably the most immediate issue, the war with terrorists, their actions against us, but if we take that and look at the world in total, when I see the lowest common denominator, it's energy. It is a fight or a battle for energy.
Those who are going to be able to power themselves without relying on others will not only have more options and purer choices in foreign policy
matters, but the reality is in this new emerging global economy, those that cannot be economically hijacked by foreign countries are going to be the winners. I want to make sure that we have a policy in place that recognizes the need for independence so that we can secure our future.
Now this means that we have to do some things. I don't know how many of you out there remember high school economics. I remember Mr. Croft's lessons at Northwest High School, and basic supply and demand.
When we look at resolving our energy issues, and, by the way, a barrel of oil hit over $75 today, we have to look at both sides of the equation. That's what we tried to do in 2005, the energy bill that was signed by the President. We tried to increase the amount of supply of energy and, at the same time, looking at how to conserve or reduce the demand for energy in our country.
Now, overlaying this discussion about energy, supply and demand, is a new discussion amongst us about global warming. This is driving our discussions on energy today. I fear that we have become, how do I say this, but so spooked by global warming that we are willing to go to the extreme and hurt ourselves.
And I really believe that part of my role and the role of the minority party here is maybe to swing back to a more practical level as we talk about energy and global warming.
Now, what a lot of people don't know when we talk about global warming or the CO2 emissions, that is the gas that is depleting our ozone, the vast majority of that is created naturally, not by humans. Yes, human activity that I am going to talk about in a minute does contribute to that.
Now, as I understand, the major contributor and the most significant contributor to CO2 emissions is livestock. So, of course, some have joined hands with PETA to make sure that we eliminate all the cattle, pigs, chickens, and we should just become vegetarians.
The next is humans. Not by our activity of burning coal and the coal- generated electrical plant, but just ourselves and our existence, our exhaling. And, therefore, we should have mandated policies to control population, i.e., abortion, and reduce the number of people on Earth. That is one of the policies out there.
Now, the discussion that we are going to have here in the House in the next 2 weeks is going to be on what energy policies do we implement here to lower CO2 emissions and become energy independent. Well, the reality of it is, the policies that we are going to hear from the majority party will help to some small degree on the demand side and absolutely drive up or put more pressures, increased pressures, on supply, because they are going to eliminate some of our sources that we use for energy, make it more difficult and more costly to use and, therefore, create bigger demand. What happens when there is bigger demand? Prices go up.
So any of you out there that want to turn on a light, use your computer, heat or cool your homes, drive to work, under the policies that we are looking at adopting in this House over the next couple weeks, expect to pay more.
Now, this is why I think it is becoming so important here. I want to get back to our supply-and-demand lesson here. In this chart, the United States, because of our economic engine, our ingenuity, our intellectual properties that are being put into action, we are the largest consuming Nation. Now, look down here, we also rank number one in oil importation. We have to import to drive our economy, literally drive our economy, about 65 percent of our energy needs. Now, that is 12 billion barrels that we have to import.
When I think of energy, I have to separate it into two different issues. One is driving. About two-thirds of the oil that we import goes to refining into gasoline, to use in jet fuel and trucks to move goods from one place to another, as well as cars to get us to the grocery store, to get us back to work. If we are going to become independent, we have to look at a full array of fuels that we can generate here. That means biofuels to some extent. That means that we adopt policies on hybrid type of cars or other experimental cars that are out there. And, by the way, that does lower emissions. But remember, car emissions are pretty far down the list of what actually contributes to CO2 emissions and the ozone. We can then look at a lot of other technologies. I am a proponent of hydrogen, for example.
Now, let's look at the other side of generating electricity that powers our economy and is part of the equation. Most of our electrical generation, about 52 percent nationally, is from coal. In the policies adopted by various committees of this House and that are going to be brought to the floor in some capacity either in the next 2 weeks or maybe even September, they make it much more difficult to use coal. I mentioned, 52 percent of the electricity in this Nation is generated from coal. In my district, it is over 70 percent. It is the cheapest way to generate electricity. It is plentiful. We have something like a 500-year supply of coal to generate electricity in this country.
So I feel that instead of doing what the majority party wants to do and shut down coal-fired plants, crippling our ability to generate electricity; and, by the way, nuclear is bad, too. Remember that, no nuclear power? Let's make it as difficult. Let's not find ways to deal with the waste. And so if we shut down coal, make it more costly at least to do it, no nuclear, that means you have one area to really rely on in generating electricity, and that is natural gas. Oh, and by the way, our policies don't allow for any more domestic supply of natural gas and oil, so we are going to shift everything to natural gas to generate. We barely allow it to be imported. We can't drill any more for it within our own 48 continental United States or offshore any more than we are doing today.
I don't understand this energy policy that is going to be brought to us. It seems to me to be a negative energy policy. In fact, I think the only energy that is involved in this bill is perhaps if we burn the darn thing we could generate some power. But, as was just mentioned to me, that would result in CO2 emission, so we can't even do that.
Mr. Speaker and the American public, we need to become more engaged in this. We are on a path to cripple our economy. China is adding at least one new power plant a week based on coal. They have no problems using coal. I saw a statistic that was 2 years old, so it is probably much more significant now, but the Chinese were adding 120,000 cars per day. That is not even talking about India, whose economy is expanding at near double digits as well, and they are adding power in their cars.
The competition is extreme for oil. We need to recognize that. We need to expand it. That doesn't mean that we shut down our domestic fossil fuels. That means we add to it so that we become independent and secure our Nation's future.
At this time, I yield to my friend from Texas.
Your vision would include wind energy, solar energy?
So in one of the bills in one of our committees, it specifically makes it a criminal act to have a turbine that would contribute to the death of a migrating bird. Does that help or hinder the rollout of that alternative energy?
You mean, if an investor might go to jail because a bird flies into a turbine under one of the bills that may come to this floor in the next couple of weeks, that would hinder investment?
I appreciate your comments and putting more meat onto the bones here. And I'll mention that in my district, again, it's about 70 percent, almost 70 percent coal. We do have nuclear. We use natural gas only as a peaking, which is basically this time of year. It was 99 degrees at home today, and I'll guarantee you Omaha Public Power is running their peaking plant during the day so that people can run their air conditioners. And there's a lot of things that we could do on the conservation side, as you said, and we need to push those.
But at the same time, we seem to be adopting policies that restrict the supply. And I think even though the policies that are going to be proposed here don't necessarily further restrict than already have been natural gas, what they do is move more energy, or force more energy to electrical generation by natural gas without doing anything to increase the supply of that natural gas.
And the gentleman from Pennsylvania has come to the floor many times. He is one of the leaders in the House in discussion of what we need to do to increase supplies of natural gas, and how ridiculous it is that our prices in the United States are probably five times more than anywhere else in the rest of the world.
So I yield to my friend from Pennsylvania (Mr. Peterson).
Will the gentleman yield on that?
Dow Chemical has thousands of employees. They're just one of many petrochemicals that rely on natural gas. If the price of natural gas remains high or goes higher, where do they go? I yield back to you.
And all of those jobs go to those countries now.
Because of our natural gas policy.
I really appreciate your tutorial there. What is our supply in the United States of natural gas? We had the gentlewoman from Ohio that was down here that was talking about petroleum and how limited we may be at our peak here within the next 30 years. How about natural gas?
You mean we won't even be able to measure how much?
So just what we know, 50 to 100 years, and, by the way, I understand one of our largest pockets of natural gas that is in Wyoming was made into a Federal monument or a park, making it federally illegal to even drill there. So that is what happens when we find new pockets. We rule them off limits. That just astounds me that we have got that much. And when we are talking about securing our future, wanting to become independent, the other side and us are worried about global warming. And
this is a clean fuel. You have stressed it. It is a clean fuel, which is why the policies that we are seeing are moving electrical generations towards natural gas. It makes no sense to me that we won't increase supply at the same time.
We talked about jobs, that we are losing our manufacturing, our middle class. And what a lot of people don't understand is it is our energy policy that is driving those jobs offshore. Yes, there are some that are offshoring, taking maybe telephone answering jobs over to India. But our policies are driving a lot of our good manufacturing jobs away.
Then let's bring him up.
At this time, Mr. Speaker, I would like to yield to my friend from New Mexico.
Well, I thank you for your input.
I just fear that the policies that we're looking at to adopt in this Nation are going to jeopardize our security, jeopardize our future. We need to look at a balance.
I appreciate you being here, and all of the others that came to speak.