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| TIME | SPEAKER | TEXT |
|---|---|---|
| 00:00:09 |
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NEXT, A DEBATE ON ENERGY POLICY WITH MEMBERS OF THE DEMOCRATIC AND REPUBLICAN HOUSE CAUCUSES. THIS... |
| 00:00:31 |
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THIS IS THE THIRD DEBATE, AND OUR TOPIC WILL BE ANERGY. THIS IS A VERY WELL TIME TO MEETING AND CONVERSATION.... |
| 00:03:41 |
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I AM PROUD TO BE HERE TO DISCUSS ENERGY ISSUES. AS CHAIRMAN OF THE OVERSIGHT SUBCOMMITTEE, IT IS MY... |
| 00:09:18 |
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GOOD MORNING. I AM THE REPRESENTATIVE OF MONTANA, ENCOMPASSING OVER 147 COUSINS WERE MILES. WHY DO... |
| 00:14:40 |
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WE WILL MOVE NOW TO THE QUESTION AND ANSWER SESSION WERE THE TEAMS WILL ASK EACH OTHER QUESTIONS,... |
| 00:14:53 |
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YESTERDAY, WHEN I CAME TO NEW ORLEANS TO SEE SO MANY NEW INDUSTRIES POPPING UP, I WAS PLEASED, ESPECIALLY... |
| 00:15:36 |
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THANK YOU. ALL FOUR OF YOU BELONG TO THE RENEWABLE ENERGY CAUCUS AND THE HOUSE. I HAVE BEEN REPUBLICAN... |
| 00:17:10 |
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WENT TO THE FACILITY IN COLORADO. IT WAS A WONDERFUL TRIP, AND I ENCOURAGE ALL AMERICANS TO MAKE THAT... |
| 00:18:41 |
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LET'S LET THE DEMOCRATS RESPOND. |
| 00:18:43 |
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WE HAVE VOTED ON A BIPARTISAN LEVEL TO EXTEND SOME TAX CREDITS. YOU ALL HAVE NOT GONE FAR ENOUGH.... |
| 00:19:25 |
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THE FACT OF THE MATTER IS ALL OF US KNOW WE NEED TO PASS THESE TAX BREAKS TO DRIVE INCENTIVES AND... |
| 00:20:07 |
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FOUR TIMES STARTING WITH THE VERY FIRST MONTH THAT WEAVER IN SESSION. IT WAS YOUR DECISION, AND ZACK,... |
| 00:20:25 |
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DO YOU WANT TO RESPOND? |
| 00:20:27 |
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YOU KNOW THAT YOU ADMIRE TRYING TO EXTEND THIS WITHOUT OFFSETS, WITHOUT PAYING FOR IT -- YOU AND I... |
| 00:21:05 |
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WE WILL TAKE ONE MORE RESPONSE. |
| 00:21:09 |
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IF IS THAT WAS HALF AS GOOD AT THE SSC IS THE BASEBALL WE WOULD -- IF HE WAS HALF AS GOOD AT THIS... |
| 00:21:56 |
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I THINK IT IS IMPORTANT TO MAKE THE CORRECTION THAT REPUBLICANS ARE NOT ADVOCATING BORROWING MONEY... |
| 00:22:37 |
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WE ARE NOW GOING TO MOVE ON TO THE SECOND QUESTION, AND THE REPUBLICANS HAVE THE OPPORTUNITY TO START.... |
| 00:23:44 |
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DO WE AGREE WITH MR. PICKENS? WE AGREE WE HAVE TO START LOOKING AT ALTERNATIVE ENERGY SOURCES, BUT... |
| 00:25:22 |
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CATEGORICALLY FALSE IN TERMS OF THE CHARACTER YOU'RE TRYING TO MAKE OF BARACK OBAMA OR SPEAKER PELOSI.... |
| 00:25:55 |
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REBUTTAL? |
| 00:25:57 |
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ONE OF THE REASONS I THINK CONGRESS IS AT 9% IS WE'RE NOT TACKLING THE BIG ISSUES. WHAT T. BOONE PICKENS... |
| 00:27:01 |
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IT IS LEASED, BUT THE COMPANIES ARE NOT SITTING ON IT. FROM 2001 TO 2007 PROCESS HAVE INCREASED 700%.... |
| 00:27:44 |
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A RESPONSE? " NO T. BOONE PICKENS. HE IS A FRIEND OF MINE, AND YOU ARE NO T. BOONE PICKENS. T. BOONE... |
| 00:28:47 |
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I WOULD LIKE TO ADD THAT IN 2001 WHEN PRESIDENT BUSH CAME IN, GASOLINE PRICES WERE AT 147. NOW THEY... |
| 00:29:26 |
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MY BET IS IF WE ASK ALL EIGHT OF US DO YOU SUPPORT GRENOBLE'S, EVERY HAND WOULD GO OF. WHETHER IT... |
| 00:30:31 |
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I ACTUALLY VOTED TO ALLOW THOSE TO GO FOR IT, AND I WOULD LIKE YOU TO BE THE FIRST REPUBLICAN CO-SPONSOR... |
| 00:30:56 |
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I COULD SUPPORT IT, ASSUMING THERE IS NOT SOME HIDDEN PROVISION IN THEIR. I WOULD BE GLAD TO TAKE... |
| 00:31:09 |
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WITH THAT MINOR MIRACLE, WE WILL TAKE A BREAK FOR A SECOND, AND I WILL REMIND EVERYONE TO GET YOUR... |
| 00:31:40 |
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I AM GLAD NOBODY FROM TEXAS IS HERE, BECAUSE THEY THINK THEY ARE A LARGER STAKE THAN MONTANA -- STATE... |
| 00:34:47 |
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2005 WAS A SUCCESS LAST -- WAS A SUCCESS. A LOT OF DEMOCRATS SUPPORTED IT BECAUSE IT WAS A GOOD BILL.... |
| 00:35:45 |
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IF YOU WANT TO MAKE A COMMENT, AND THEN YOU WILL RESPOND, AND WE WILL MOVE TO AUDIENCE QUESTION. |
| 00:35:51 |
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PRESIDENT BUSH LIFTED THE EXECUTIVE ORDER ON THE MORATORIUM ON DRILLING IN THE OUTER CONTINENTAL SHELF.... |
| 00:36:20 |
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WHAT I SAID A MOMENT AGO IS THAT YOU HAD WHAT YOU WANTED. YOU HAVE BEEN IN CHARGE. WE HAVE DOUBLED... |
| 00:36:50 |
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I WAS WONDERING -- |
| 00:36:51 |
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EXCUSE ME. THE FORMAT AS I UNDERSTAND IT IS THEY RESPOND TO MY QUESTION AND I RESPOND TO THEIR RESPONSE.... |
| 00:36:59 |
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THAT IS RIGHT. YOU GO AHEAD. |
| 00:37:05 |
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MY POINT REMAINS THAT THEY HAVE DECIDED INSTEAD OF HIRING NEW PEOPLE IN LOUISIANA, HIRING NEW EQUIPMENT,... |
| 00:37:43 |
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REBUTTALS, AND WE WILL CLOSE UP. |
| 00:37:46 |
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ANY COMPANY, WITH BRIT IS AND WILL COMPANY OR ANY COMPANY THAT SELLS STOCKS -- WHETHER IT IS AN OIL... |
| 00:39:32 |
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THIS IS GOING GREAT. PRETTY LIVELY. WE ARE GOING TO SHIFT TO YOUR QUESTIONS, AND I ASK MEMBERS OF... |
| 00:40:56 |
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THIS IS A SHAME, AND BOTH RESPOND -- BOTH PARTIES ARE RESPONSIBLE. I SAW THE CLINTON BUDGET'S NOT DOING... |
| 00:41:49 |
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I WOULD ADD THAT HE HAS BEEN A LEADER ON THE BIPARTISAN EFFORT TO INCREASE THE MONEY, AND HE HAS BEEN... |
| 00:42:03 |
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THERE IS NO DOUBT THAT WE HAVE PUT MORE MONEY INTO RESEARCH, BUT EVERY TIME WE TRY AN OPPORTUNITY... |
| 00:43:25 |
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THE QUESTION IS WHEN WILL THIS POLICY CHANGE. IT WILL START TO CHANGE OF JANUARY 20, 2009, WHEN WE... |
| 00:44:04 |
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THE REASON THE EUROPEANS ARE PAYING $10, $11 A GALLON FOR GASOLINE. THE TAX IT. IF YOU INCREASE TAXES... |
| 00:44:21 |
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NO ONE IS SAYING PUT TAXES ON THE OIL COMPANY. WHY DID YOU CONTINUE TO INSIST ON SUBSIDIES? SUBSIDIES... |
| 00:45:00 |
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THEY ARE NOT OIL SUBSIDIES. WE CREATED INCENTIVES FOR THEM TO GO OUT TO PLACES THAT ARE EXPENSIVE... |
| 00:45:18 |
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YOUR GOING TO PAY THEM TO DRILL, IS IT $125 A BARREL AND OFFERED INCENTIVES? |
| 00:45:28 |
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THAT IS WHERE DEMOCRATS DO NOT LISTEN, BECAUSE THEY WANT TO TALK ABOUT THE FACT THAT AMERICAN OIL... |
| 00:46:44 |
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LAST YEAR EXXON MOBILE GAVE FIVE TOP EXECUTIVES OVER $76 MILLION, AND ONLY $10 MILLION OF THEIR ENTIRE... |
| 00:47:32 |
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WE'RE GOING TO MOVE TO ANOTHER QUESTION FROM THE AUDIENCE. IT WILL NOT BE THAT ONE. THEY COME ON CARDS.... |
| 00:47:44 |
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YOU HAVE AN INTERESTING POINT AS ALASKA DOES WANTS US TO DRILL OFF THEIR COASTS, AND THERE ARE CERTAIN... |
| 00:48:01 |
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LET ME TELL YOU THERE ARE DRILLS AND SANTA BARBARA. |
| 00:48:05 |
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THEY WANT TO DRILL. |
| 00:48:08 |
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WE HAVE THE NATIONAL PETROLEUM RESERVE THAT HAS -- WE HAVE 68 MILLION. |
| 00:48:13 |
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WE HAVE A QUESTION ON OFFSHORE DRILLING. IT SAYS, SINCE MOST OF THE OFFSHORE COASTAL REEFS -- AREAS... |
| 00:48:36 |
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I BELIEVE IT IS YOUR AREA IMPORTANT WE HAVE MORE WORK DONE -- IT IS VERY IMPORTANT WE HAVE MORE WORK... |
| 00:49:19 |
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WE DO NOT GET THE WHOLE TWO MINUTES? |
| 00:49:21 |
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GO-AHEAD. |
| 00:49:24 |
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WE DO NOT BELIEVE THAT. LET ME USE AS AN EXAMPLE MONTANA. |
| 00:49:30 |
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YOU THINK THE NUMBERS ARE NOT ACCURATE? |
| 00:49:32 |
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THE NUMBERS ARE NOT ACCURATE. THERE IS A GREATER RESERVE THAN WHAT IS COMING UP. USGS RESEMBLES THAT... |
| 00:51:55 |
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OK. I AM GOING TO MOVE US. |
| 00:52:04 |
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THERE IS A NATIONAL PETROLEUM RESERVES IN ALASKA. HE HAS BIDDING'S SITTING THERE SINCE 1923. HARDING... |
| 00:52:31 |
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THIS IS FROM THE AUDIENCE. THE PERSON AND ASK, BESIDES ALTERNATIVE SOURCES, HOW ABOUT EXCESSIVE DEMAND... |
| 00:52:55 |
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WE ARE SERIOUS ABOUT MAKING IT HAPPEN. THE BUSH ADMINISTRATION MISSED 34 CONSECUTIVE DEADLIGHTS FOR... |
| 00:53:55 |
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WE ARE THE SAUDIA ARABIA OF ENERGY EFFICIENCY AND IT WOULD BE NICE IF WE HAD A BIPARTISAN CONSENSUS... |
| 00:55:12 |
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REBUTTAL. |
| 00:55:17 |
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I VOTED FOR THAT DEFICIENCY STANDARDS. THAT IS A BUNCH OF BUNK. WE INC. THIS ACT INTO THE ENERGY POLICY... |
| 00:56:18 |
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LET ME FINISH MY ST. -- OUR NATION WILL REQUIRE ELECTRICITY SOURCES BY THE YEAR 2013. WE HAVE NOT... |
| 00:57:54 |
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OK. WE ARE GOING TO RETURN TO THE IT TEAM QUESTIONING. MANY OF YOU THAT ANSWERS EVEN THOUGH YOUR... |
| 00:58:17 |
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THE ENERGY DEBATE COMES DOWN TO A SIMPLE CONCEPT OF WHETHER OR NOT WE WILL HAVE ENERGY IN AMERICA.... |
| 00:59:13 |
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IF THE PRESIDENT LIFTED IT, THERE IS NO REASON FOR US TO DO ANYTHING, RIGHT? THE PRESIDENT DID NOT... |
| 01:00:32 |
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MY QUESTION WAS A YES OR NO QUESTION. [APPLAUSE] WE DID NOT GET AN ANSWER. |
| 01:00:43 |
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HE HAS A BRILLIANT THINGS TO SAY. |
| 01:00:49 |
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MY QUESTION IS THAT WE ARE WILLING TO DRILL RESPONSIBLY. WE CANNOT MAKE THIS SWITCH TOMORROW. USE... |
| 01:01:14 |
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THIS IS A NEVER NEVER LAND. THE DECISION NOT TO BUILD A NUCLEAR PLANT IS MADE BY THE PRIVATE SECTOR.... |
| 01:01:49 |
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LAST WEEKEND WHEN I WAS AT THE NATIONAL RENEWABLE ALTERNATIVES LAP, WE SPOKE WITH OFFICIALS AND I... |
| 01:03:49 |
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REBUTTAL. [APPLAUSE] |
| 01:03:56 |
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WE HAD HELD TWO HEARINGS AND MORE ARE CONTINUING ON THIS PIPELINE. IS IT AVERAGED $800,000 -- 800,000... |
| 01:05:24 |
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THE INFORMATION WE GOT LAST WEEK CONTRADICTED EVERYTHING THAT HE SAID. THE INFORMATION WE GOT ONSITE... |
| 01:06:45 |
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WITH ALL DUE RESPECT, -- |
| 01:06:49 |
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AFTER THIS WE ARE GOING TO MOVE ON. |
| 01:06:53 |
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THIS IS WHAT WE DO COMMITTEE HEARINGS. WE NEED TO HAVE THE FACTS. IT IS NOT BASED UPON SPECULATION... |
| 01:08:21 |
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OK THIS IS AN ISSUE THAT EVERYBODY IS PASSIONATE ABOUT. MEMBERS ON BOTH SIDES CARE VERY MUCH ABOUT... |
| 01:08:57 |
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IBM FROM SEATTLE. I WANT TO THANK MY COLLEAGUES FOR JOINING US. -- I AM LEE SEATTLE. I WANT TO THANK... |
| 01:14:40 |
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I WANT TO THANK THE PEOPLE OF NEW ORLEANS. WE HAVE HAD A GREAT FEW DAYS DOWN HERE. IT IS A VERY SPECIAL... |
| 01:20:28 |
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THANK YOU. THE AUDIENCE HAS BEEN GREAT. I NOTICE HE STILL VERY PASSIONATELY ABOUT THIS ISSUE. I THINK... |
NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.
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