‘Many of our colleagues across the aisle have now acknowledged the merits of allowing states to open the Outer Continental Shelf for deep sea oil and gas exploration’
Washington, D.C. – U.S. Senate Republican Leader Mitch McConnell delivered the following remarks on the Senate floor Thursday regarding the number-one domestic concern for Americans—the rising price at the pump:
“The Senate came back into session four days ago and we have yet to address the number-one issue in the country – high gas prices.
“Forty-four Senate Republicans introduced legislation over two weeks ago which would have an immediate impact on the price at the pump. The Gas Price Reduction Act can be summed up in four simple words: ‘Find More, Use Less.’
“And the Gas Price Reduction Act focuses on simple solutions which already have support from our friends across the aisle.
“Many of our colleagues across the aisle have now acknowledged the merits of allowing states to open the Outer Continental Shelf for deep sea oil and gas exploration – where the state wants to do so.
“And we all agree we can do more to encourage the development of alternative energy sources. Which is why the Gas Price Reduction Act contains incentives to develop plug-in electric cars and trucks and new battery technology.
“In addition, we included measures to strengthen U.S. futures markets by increasing funding and staffing for the Commodity Futures Trading Commission and examining foreign markets. These ideas also have support from our friends across the aisle.
“By focusing on the areas where we agree instead of the ones where we differ, we can achieve results for the American people.
“I ask my friends across the aisle to join us in finding energy policies we can agree on; the American people are demanding it.
“We can pass meaningful legislation which will develop more American energy while encouraging conservation. And we should do so soon.”