Jennifer Granholm Quotes

Every barrel of oil that we produce around the world benefits Americans because it keeps prices down. We can talk more later about American energy independence, but the facts are, every barrel we produce helps Americans because it keeps prices down.

The anti-American policy is the one that keeps oil prices up. The way to do that is to help OPEC limit the amount of liquid fuel available.

I saw a report yesterday. There's so much oil, all over the world, they don't know where to dump it. And Saudi Arabia says, 'Oh, there's too much oil.' They - they came back yesterday. Did you see the report? They want to reduce oil production. Do you think they're our friends? They're not our friends.

Mr. Speaker, high natural gas prices and the summer spike in gasoline prices serve as a stark reminder that the path to energy independence is a long and arduous one.

We have seen a strong increase in oil prices and up to this year we see that the world has been able to absorb that.

The price of crude oil accounts for 55 percent of the price of a gallon of gasoline, driven by global supply and demand. The United States depends on foreign sources of oil for 62 percent of our nation's supply. By 2010, this is projected to jump to 75 percent.

While there are many influences on gas prices in America, I believe the passage of a national energy bill will help relieve this burden on our country.

Absent some international interruption, there's no real justification for oil being more than $90 or $100 a barrel.

The pro-American policy is the one that forces oil prices down. The way to do this is to flood the world market with liquid fuel from every source possible.

I think oil prices are down for two reasons. One is, there is a lot of supply. There is a lot of supply because the U.S. now produces a lot of oil and there is a lot of supply because the Saudis seem to want to produce a lot of oil, maybe to punish the Iranians and the Russians.

The bulk of extra supplies that could be put into the market come from two places. One, they come from other Persian Gulf suppliers, of which Saudi Arabia is at the top of the list.

Simply put, drilling in ANWR would be expensive, environmentally devastating, and would do very little to fix our energy crisis or to bring down the price of oil and gasoline.

If the Administration does nothing, high gasoline prices will continue to increasingly burden our economy, taking millions of dollars out of the hands of families and putting it straight into the pockets of OPEC.

The other are the strategic, so-called strategic stocks that the United States and the other Western industrial countries have, which could put in as much as four million barrels a day of oil into the market pretty quickly.

If the world market believed that we were serious about energy independence and we were going to utilize all of our own existing resources, the speculators would stop speculating up they start speculating down as we get our own oil out of the ground.

The reason gas prices are so high is because the oil is in Texas and Oklahoma and all the dipsticks are in Washington.

Opening the Arctic National Wildlife Refuge stands to not only increase the United States' oil reserves by nearly 50 percent, but it will create thousands of good U.S. jobs.

While some sit on the sidelines and fail to offer any practical solutions to address high gas prices now, the House is once again taking action to meet the energy needs of the American people.

The U.S. policy of hoarding crude oil never made the world, or even the U.S., a safer place.

Drilling in ANWR fails to lower energy prices today and sets no long term energy strategy for tomorrow.

We have for too long put vast oil and natural gas reserves off limits to exploration and production, as The Washington Post editorial stated this week.

The fact that the price of gasoline has declined some in recent weeks must not allow Americans to be lulled into a false sense of security. Energy independence must rank along with border security as the top priorities of the United States.

The Asian nation's oil demand is expected to grow this year by 800,000 barrels per day and represents more than one-third of the total growth in global demand, according to the Energy Information Agency.

If we're going to talk about economic fairness, or about fairness, one of the most pressing economic issues facing families, seniors, and job creators in Missouri and across America is the strain of skyrocketing gas prices.

We shouldn't be so dependent on foreign oil.