boone pickens -- here's the good thing about t. boone pickens.he says we cannot natural and per our way out. t. boone pickens, note revolutionary leftist. [laughter] right? lightning texas oilman who funded the swift voted tax on john kerry. he says we can't drill and per our way out. he is right on that and then he says to other things. one is right and what is wrong. he's 100% right on the wind potential for this country. and those of you who are concerned about birds and bats, we are not -- we figured out the light speed of oscillation to protect the birds. we haven't figured out regarding backs but there is a smart way to do wind, and so, he is right about that. he is half white and half wrong. he is wrong about natural-gas. i think his judgment might be skewed by the fact that he owns all of it. [laughter] but i don't think that we can afford to try to do a double fault here. he says we should retrofit all of our engines and everything to run on the natural gas and then figure out how to the plug and hybrid spigot i just think that's a lot o

boone pickens wants to do, we will need to have natural gas. i do not want those supplies to be imported, i do not want to know when we take this country into the same situation with natural-gas that we are in with oil, we are reliant on them for sources of oil. we have the ability to meet the needs, but we have to get this online. the news from last week about exxon, partner in with the trans canada project is good. we have always known that in order to get gasoline to the lower 48 states, -- natural gas to the lower 48 states, it would take british petroleum and, coke, figuring out how we move this farther down the pike. and we have the people with a gasoline in the same room, you have british petroleum and, co --, co -- conoco. and you have exxon trans-canada. there will be a time in the not too distant future when everyone is coming together to make this project a reality. containing this in the energy bill, there are a couple of provisions to facilitate this. in 2004, we had inserted a loan guarantee provision, and $18 billion guarantee an

boone pickens wants to do, it depends on our ability to have supplies of natural gas, and quite honestly, i do not want those natural supplies of natural gas to be imported. i do not want to knowingly take this country into the same situation with natural gas that we are currently with oil -- we are close to 70% reliant on foreign sources for oil. we have got the ability here in this country, with alaska and natural gas, to be able to meet our needs, but we have got to get our gas online, so the news last week about exxon stepping up at partnering with the transcanada project is good. we have always known that in order to get the alaskan gas to the lower 48 market, it was going to take all of the guys that have the gas, and that is exon, b.p., and condit go -- conoco sitting down and figuring out how we move that down the pipe, and now we have the three that hold the gas, at least in the same room. now, there are now sitting in the same place. now you have exxon transcanada. i cannot predict, but there will be a time in the not too distant future where everyone comes together to make thi

boone pickens can talk about this awful addiction, as well as others, going to fund our enemies efforts against our own troops in our efforts against terrorism, that is what is going on in the final analysis. we need to make a stand for what we believe in. standing up for american dominance and superiority. the china and india nations are out there competing. we want to compete against them because we have better technology. we have to make the investment here and not in saudi arabia, and libya, and russia, and venezuela. that is where it must end today. >> the gentleman's time is expired. >> i yield one minute to the distinguished gentleman from california. >> not only is this legislation not the right thing, it is one of the most overreaching, damaging pieces of legislation that has ever come before this house of representatives. this national energy tax is a job killer and will cost american families over $3,000 per year while doing very little to affect global measures. rural america, low-income families, farmers will suffer the most under this new tax. we all want to protect our en

we did not have the courage to make the stand for the patriotic fire to stop this addiction 50 boone pickens can talk about this awful addiction and as thomas friedman said, if the american policy of the previous administration is to leave no money behind and to find our funds that we pay with american taxpayers going to fund our enemies efforts against our own troops and our efforts against terrorism, that is what this is about in the final analysis. it is about this great country of ours and making a stand for what we believe in. standing up for american dominance and superiority. yes, and the chinese and indian nations are competing and we want to compete against them. we have better technology. we just have to make the investment, here and not in saudi arabia and libya and venezuela and russia. that is the policies of previous administrations. that is where a mess in today. >> the gentleman's time has expired. the gentleman from michigan? >> i yield one minute to the distinguished gentleman from california. >> the gentleman is recognized for one minute. >> not only is this legislation no

make natural gas -- ask boone pickens what he thinks about natural gas. we have a tremendous opportunity. host: our guest is senator married landriue. ue. host: the know where denham springs is? guest: us, i do. caller: yes, i have called the senator's office quite often. what has me puzzled here is, if we are needing oil so bad, why have the oil companies cut the rigs in half in the past four years? why have they cut the oil rigs in half in the state of louisiana over that time? why are you pushing a single- payer health care, mary? it will get you in trouble. you know what i'm talking about. guest: let me take the first question. you are right, ri rightg count is down by 50% because the prices have fallen so precipitously. they are on the rise again. they were all the way down to $40 per barrel. the last look it was at $85 per barrel. i am not defending the industry. i think they have lots of problems, but it is difficult to plan billions of dollars of investments if the product you so one day is $40 and the next day is $140. our goal is to help and sta

boone pickens wants to do. it's to have available supplies of natural gas. and quite honestly i don't want those available supplies of natural gas to be imported lng. i don't want to knowingly take this country into the same situation with natural gas that we are currently with oil. we're close to 70% reliant on foreign sources for oil. we've got the ability in this country with alaska's natural gas to be able to meet our needs. but we got to get our gas online. so the news last week about exxon stepping up and partnering in with the trans-canada project is good. we've always known that in order to get alaska's gas to the lower 48 market is it will take all the guys who have the gas that is exxon, bp and conoco sitting down with the state working a deal and figuring out how we move that down a pipe. and now we have the three who hold the gas at least in the same room. now, they're not all sitting at the same table but they are in the same room. you've got bp and conoco that have formed up their partnership which is denali. they're advancing field work and no

boone pickens has said we're not going to drill our way out of this given crisis. this energy crisis needs to be addressed in a constructive way. the constructive way reminds us that there are ways -- ways to produce power, as you suggest, without a fuel cost and then our fuel of choice needs to be energy efficiency. that plant which we never built simply because we have reduced demand by a given order of megawatts is then allowing us to avoid the construction of a larger facility. and we can do that. when you look at the side of this nation, the population, the business sector, any one percent of improvement translates into a huge supply, as representative con ly mentioned earlier, of power saved. and the demand side of the equation was not addressed by the previous administration. it was supply, supply, supply. how much more can we create and let people consume? we have some of the most glut news to consumption in the entire world. and we know that there are ways to allow us to be more efficient and provide those savings by addressing demand side solutions and i

boone pickens can get out across this country and talk about this awful addiction and as thomas friedman said very eloquently, if the american policy of the previous administration is to leave no moola behind and find our funds we pay with american taxpayers, going to fund our enemies' efforts against our own troops in our efforts against terrorism, that is what this is about in the final analysis. it's about this great country of ours and making a stand for what we believe in, standing up for american dominance and for american dominance and superiority. yes, the chinese and indian nations are out there competing. we want to compete against them because we have better technology. we just have to make the investment here. and not in saudi arabia and libya and venezuela and russia and that's what the policies of previous administrations have led us to and that's where it must end today on this floor. the speaker pro tempore: the gentleman's time has expired. the gentleman from michigan. mr. camp: i wish his passion was directed at helping the american people. i yield two minutes to the ge