Action Needed to Address Oil Supply (Rep. Marsha Blackburn)

June 11th, 2008

As I said in my opening statement on the record, it is important that we realize there are actions that could be and should be taken now. We know that a history of inaction has caused a lot of the situation that is in front of us. We also know that if you go back and look at the issue historically, you can look at the Carter policies in the 70s. You can look at Bill Clinton vetoing drilling in the ANWR in the 90s and see what has happened.

I find it so interesting that some of our friends don’t want to talk about the supply and demand issue. We have capped our supply. We have capped our capacity, and the global demand continues to increase. To address the issue, we need to look at that. Uncap and open up that supply. Open up our capacity and address those issues, so that we can begin to address the price at the pump.


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By Tenn. GOP Rep. Marsha Blackburn