Page added on April 22, 2005
“I voted no because the energy bill falls far short of President Bush’s strategy to respond to the reality of threats to America’s economic and national security from our dependence upon cheap imported oil. Oil isn’t forever. It’s a finite resource. We are relying upon countries that don’t like us to sell us their oil. We’re competing against other countries to buy oil, such as China now the world’s #2 importer behind America. Increasing world demand and global peak oil, or stagnating production, means that oil prices will rise. The end of cheap oil is coming and coming fast. It is a tsunami we can predict that will have devastating consequences worldwide. The President recommends steps to meet this growing threat. I am hopeful the Senate bill and Conference will produce a final bill to implement the President’s vision that I can support.”
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