DEEP OCEAN ENERGY RESOURCES ACT OF 2006 -- (House of Representatives - June 29, 2006)
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Mr. COSTA. Thank you very much, Mr. Chairman. I rise to support H.R. 4761. I would also like to thank Chairman Pombo and Ranking Member Rahall for their efforts on this legislation.
This bill is an important step toward achieving the goal of further developing our domestic energy resources. 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.
Our domestic reserves are not limitless, and this is a first step. But we must take other steps, such as increasing conservation, developing an ethanol industry, and increasing CAFE standards if we are to make our country safer by cutting our reliance on foreign oil.
Despite the previous efforts of Congresses, our addiction to foreign oil, as the President stated, is greater today than ever before. That dependency is a threat to our national security, and we must address that threat.
I would also like to take this opportunity to commend the efforts of the author and my friend, Representative CHARLIE MELANCON, on this legislation. It is clear that Congressmen JINDAL and MELANCON are putting the interests of their constituents and the American public first as opposed to the interests of partisan politics.
Please vote for H.R. 4761. I think it is a step in the right direction.
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