Cornyn Backs New, Broad Effort To Address High Gas Prices
Press Release
Cornyn Backs New, Broad Effort To Address High Gas Prices
Says "Opponents of Domestic Energy Production Are Quickly Running Out of Excuses"
On Capitol Hill today, U.S. Sen. John Cornyn, Vice-Chairman of the Senate Republican Conference, joined with 43 other Republican Senators in introducing the Gas Price Reduction Act of 2008, which is designed to address the high price of gas at the pump and provide a balanced approach to America's long-term energy needs. This new legislation represents the latest effort by Sen. Cornyn and his Republican colleagues to seek immediate action by Congress in addressing America's growing domestic energy problem.
"Americans deserve real results, not rhetoric, when it comes to providing relief from high gas prices. This new legislation is a balanced approach that should be embraced by every Member of Congress -- and it should be acted on quickly so we can begin to address this growing problem. Congress can pass many laws but we cannot repeal the law of supply and demand in the global marketplace. This is an American problem that demands American solutions," Sen. Cornyn said.
By not including ANWR exploration in this new bill, despite the strong support it enjoys from the vast majority of Senate Republicans, Sen. Cornyn said today that opponents of more domestic production are quickly running out of excuses for inaction. "Unfortunately, we've watched as the Democratic leadership in Congress has used ANWR as a red herring for opposing all domestic energy expansion. If those who oppose this latest proposal still disagree, then I would be interested in hearing their own ideas. So far, they only seem interested in ideas that would raise energy prices and make us more dependent on foreign oil," Sen. Cornyn said.
"Opponents of expanding American made energy are running out of excuses. I believe, and most Texans agree, that we need a balanced approach that fuses more domestic production with innovation and alternatives sources, which the government and private sector are already pursuing aggressively. Our intention with this bill is to find common ground in order to move forward with real solutions now," Sen. Cornyn concluded.
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