Domestic Energy Production

Floor Speech

Date: Feb. 23, 2010
Location: Washington, DC

Mr. CASSIDY. Mr. Speaker, Americans are asking, where are the jobs?

Now, to create jobs there must be affordable energy. As it turns out, creating energy creates jobs.

First, let me compliment the President. Last week, he announced a commitment to developing new power plants in the United States. It's a great step in the right direction because domestic energy production means more jobs, with good benefits, lower energy prices, and greater energy security.

Now, although moving forward with nuclear energy, the administration has effectively banned, through delays, new natural gas and oil production. The National Association of Utility Commissioners recently reported that the administration's current delay on natural gas and oil production eliminates 13 million jobs, $2.35 trillion in lower energy costs, and $2.36 trillion in economic growth. By the way, it also eliminates royalty payments and billions of dollars to cash-strapped States.

Now I applaud the President for advancing nuclear energy. Let's do the same with domestic oil and gas. We know where the jobs could be. They're in oil and gas. Mr. President, allow their creation.


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