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There just think what what happened to this oil and nation if he passes away.
Here to help us think through all this hazard problem and congress and women -- elders of North Carolina so good to be with you tonight.
You know what really something with you thank you because you know although -- -- -- mismanagement of one of the world's biggest oil exporters.
We've got you know basically an oil exporting nation that ran a -- recent Russian energy for its -- population.
Isn't this more of a supply issue here what we're talking about with what is going olive oil prices.
At a dollar as our Lu Li.
Absolutely we have got to become energy independent and the Republican conference -- put forward many pieces of legislation now to enhance that.
We have got to create jobs in this country that's our biggest problem.
And the way to do it in one of the ways to do it is with energy independence you know in the house of represented -- Are -- our majority whip on Kevin McCarthy has put forward an initiative which is called heat which is the house energy action team.
And we he put that together in May Day.
And through that we're looking at good strong energy policy we need to create jobs and again for security reasons we have got to become energy independent.
What a better way to do things band then opening up this strategic.
Oil -- that are you know I don't know if it's an energy plan to tap the SPR risk -- right.
I mean -- they hear the administration's argument that.
-- -- and knocked off line a 140 million barrels of oil you know we didn't have the SPR when we had the Iraq War we didn't -- that when.
In 2002 -- Venezuela had a strike in that country.
And -- -- the issue is the people would say that to counter your argument that.
You know -- drill baby drill but it won't move the needle and won't brings -- supply onto the market and to bring supply into the market China's gonna snap it up anyway is it might have dealt with the SPR release.
Well what it will do is it will change the market.
And just knowing that we're gonna move in that direction as you were pointing out in your opening statement you know the market response to all of the thing.
And that's what we have to do we have got to show that we're working towards the skull.
And you know -- let's free our oil price but bring -- gas prices you know it and we did get a little bit of an increase in the gas -- last week.
You know the oil prices back up on -- up to over 95 dollars barrel and in North Carolina where I am.
As of today there's an increase in the state gas tax.
So you know -- every time our our people are our household.
On our moms and dads go to the gas tank tipped to fill up they are seeing that prize.
Our businesses are struggling because of it you know every time we go to the gas pump I want both stick to to see Harry Reid's face.
Because he's the one that's holding up this legislation I can't I mean I don't think.
-- -- -- they have the Gulf of Mexico basically in in you know and cut in custody they haven't you know.
In in -- absolutely so but you know I want -- -- also which that this is true to the government's policies have so driven down.
The value of the dollar because you know oil is that is expensive.
You know as it was in the seventies when that.
What dollar really got knocked around it is basically the goal of this administration to export -- way of the crisis out of the crisis the financial crisis -- that you -- the dollar to increase the value.
Of our exports overseas right committed to sell more goods and -- Lou way we have the we have got to look at this issue seriously.
With the real strategic plan and again the House of Representatives is right -- If your viewers go to house dot gov or GOP dot -- they'll see our plan for the future to create jobs and become energy and -- You know but you know -- this is I don't to my mind this is not a national security issue I'm sorry.
And it oil sellers gonna sell oil no matter what no matter if you're a war would be it does have a -- just an exit.
Battling the United States are gonna continue to sell oil because they're gonna -- it takes take care of their own.
Populations I'm talking about the Middle East where you know people over there sure get their energy subsidize and they're facing high food inflation prices but.
You know let me just back up -- let's go back to the administration's policy of tapping the SPR is we don't wanna have -- await the oil markets.
That that they can that the government's gonna step in just like Wall Street is thinking they're gonna step in with a -- -- there's gonna step in to help out any time Wall Street you know.
-- it's -- do you worry about that do you think that may happen in the oil markets.
Well there's always that possibility -- to your point about being you know national security issue.
Of the fact that we're there we're tapping into the national.
Brings us to to a point of vulnerability.
Any time we are less.
Independent in what we're doing that makes us a vulnerable to the rest of the world and we have to be ready for those things.
It's time for us like ads that look they look the economy itself is an issue and we've got to get people back to work what do better way to do it then with drilling for oil.
And that's a great idea doesn't need to have a lot of jobs created out of that.
Well rail cars congress and is so good to -- the tonight thank you so much for your time and have a good July 4 really appreciate it.
You too good to be with -- --
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