JOHN CARTER

The economic future of America is uncertain, and the bad news seems to be piling on. Unemployment rates are rising as hardworking Americans are losing their jobs. The fiscally irresponsible policies of Fannie Mae and Freddie Mac implemented by Congress, with the policies of the Clinton administration, have caused some of our oldest and most revered financial institutions to teeter towards the edge of insolvency.

While all of these seem disheartening, we should take comfort in knowing that during these times of peril and difficulty, Americans band together and respond with greatness.

Twice last week I voted “NO” to a bailout bill that would give the same financial companies that created this crisis $700 billion of American taxpayer money. I strongly believe that poor decisions made in the private sector should not be bailed-out by taxpayers. Unfortunately, many of my colleagues believed we were out of time and had to act immediately. I believe that if we had taken a little extra time, we could have created an economic “workout” plan paid for by Wall Street, rather than you, the American taxpayer.

At a time when recession seems certain, American resourcefulness and ingenuity can temper the economic decline of the financial sector with new growth in the energy sector. Now, maybe more than ever, Congress needs to unleash the American Energy Act. This act will bolster American creativity by creating thousands of jobs in the energy sector. In the short term, jobs could be created through new energy exploration and production in the Outer Continental Shelf and ANWR. Jobs would also be created by the first new construction of oil refineries in the United States since the 70s.

The American Energy Act does not stop at conventional oil production. New jobs will be created through the expansion of alternative energy research and development. The United States is the Saudi Arabia of coal, and this energy plan will reward companies investing in clean coal technology. New jobs will be generated by expansion of wind, solar and additional nuclear energy, all of which are great for our economy and easy on the environment.

Most importantly, the American Energy Act will decrease our reliance on foreign oil. It will no longer be necessary to export billions of dollars in order to import the oil we need to meet the energy demands of our country. This is money that can be reinvested into the infrastructure of the United States and used to create new jobs and expand economic growth.

America stands at a crossroads. We can choose to accept the looming economic problems as inevitable, or we can choose to act decisively in order to make this economic crisis as short and painless to the American people as possible. I refuse to sit on the sidelines during this time of uncertainty, and I will continue to push for sound energy policies that will positively affect the current economic situation

There is no doubt our economy is treading tough waters. The actions of Congress this week have left many Central Texans with two questions:

How did we get into this mess and can we get ourselves out?

Almost a decade ago the government encouraged greater levels of home ownership. Lenders in metropolitan areas gave loans to people who would not typically qualify. Not long after, our economy was hit hard as terrorists murdered thousands of Americans on 9/11. In response, the government lowered interest rates making homes more affordable and infusing more cash into the economy. While these rates meant a recovery, they made it easier for more questionable borrowers to obtain a mortgage.

Suddenly it was profitable for banks to give exotic loans to borrowers who had no business getting a mortgage so they could flip the house for a profit. Homebuilders continued to build until we reached a point where there were more homes than borrowers. As prices started to fall, the plans of these investors began to unravel. Suddenly the plan to repeatedly sell houses at a profit wasn’t an option anymore. Borrowers were no longer able to make a six-figure profit just for signing a mortgage and began to default on their loans as they faced higher payments.
This problem quickly began to affect Wall Street. These subprime mortgages were sold to investors hoping to make a buck. To add even more confusion, many of these loans were sliced and diced and packaged with other loans to give an illusion that they were stable. The economic world calls these packaged loans a Mortgage Backed Security (MBS). Since these MBS’s were bought at significant prices, but now have little or no value, investment firms now face massive losses and a sudden lack of capital to back up existing obligations. Thus, the stock market is losing value, banks are failing, and everyday Americans are suddenly finding it hard to get a credit.

This is where Congress must act. As a free market believer, I firmly believe that the less government intervention the better, but one cannot argue that this drastic situation demands drastic action. However, I do not believe the plan which the House rejected is the best our country can do to alleviate this financial crisis.

On paper, the bailout plan appears to be a better alternative to the $700 billion the administration asked for. However, the administration would still have received $700 billion to bail out the very people that created the problem without providing a clear answer as to how we will pay for this. I find it unacceptable that the plan would defer the decision on how to pay the bill to whoever is in charge of Congress in five years. This plan must have a clear outline of how Wall Street, not Main Street, will foot the bill.

I opposed this plan because America can do better. In the days leading up to the vote, many options were presented by other economists, including William Isaac who dealt with the Savings and Loan crisis of the 1980s. While this plan offers greater taxpayer protection, it was not considered. I am also part of a group that is seeking out alternative plans. We worked through the weekend and are continuing to work toward a solution. Whatever plan we go with, we must remember that there is more than one solution to solve this problem, and we are better served coming to an agreement on a plan that is acceptable rather than trying to force through a plan that puts taxpayers at risk of losing $700 billion.

I know the uncertainty you face today. I know the apprehension we all feel as we watch what’s happening on Wall Street. Rest assured that we are working diligently to create a plan to address this problem, and I will not rest until we have made sure that you no longer have to worry about your retirement, your house or your job. We will recover from this current crisis and our economy will again be strong.

With Texas families and small businesses continuing to feel the pain at the pump as another holiday weekend is close upon us, Congress has yet to bring forth an energy plan that will lower gas prices.

You may have heard of the Majority’s “use it or lose it” proposal. This plan calls for Congress to force energy companies to “use” their leased federal lands to produce oil – or “lose” those leases. The truth is that “use it or lose it” is already the law of the land. Speaker Pelosi and Majority Leader Hoyer each voted for it in 1992. Under the law, federal energy lease holders already must produce oil or natural gas within five to 10 years after drilling begins. If companies fail to comply, the Secretary of the Interior has the power to cancel the lease. If Pelosi and Hoyer have already voted for this legislation, and it is already law, why are they insisting on bringing up another bill to do the exact same thing? Perhaps, it could be because they have no meaningful plan of their own to bring down gas prices.

The “use it or lose it” plan claims that energy companies are sitting on 68 million acres of federal land without exploring or drilling for oil and natural gas; however, this is nowhere near the truth. According to the American Petroleum Institute, companies actively develop their leases-but not every lease contains oil or natural gas in large enough quantities. Companies can evaluate leases for several years only to determine that they do not contain oil or natural gas. Those of us in Texas know that it is not easy to bring oil and natural gas to the market. There is a long and costly process of obtaining the lease, evaluation and exploration before you can even begin the production phase.

Another false claim is the accusation that 4.8 million barrels of oil per day and 44.7 billion cubic feet of natural gas per day may be ‘extrapolated’ from the oil companies unused federally-leased lands. The truth is that no Democrat or any federal authority can provide a source for this information. In fact, earlier this week, The American Association of Petroleum Geologists (an independent group funded by member fees, not oil companies) wrote Congress to explain the process of developing oil and gas leases, which completely goes against these facts.

The truth is that the only way to lower gas prices is to explore for new American energy in an environmentally safe way as well as increase our conservation. I remain committed to working in a bipartisan manner to increase the supply of American energy, promote conservation and help lower prices at the pump. Congress can’t do that by simply voting on misleading or inaccurate bills that do nothing to solve the problem. I call on my Democratic colleagues to work with Republicans and produce energy legislation that will provide the American people with the relief they desperately are seeking.

Next to sky-rocketing gas prices and our illegal immigration crisis, the rising cost of health care is one of the top concerns for Central Texans. There are thousands of Texans who want health insurance but cannot afford it, and thousands of low-income children who are uninsured. Health care costs continue to rise far faster than inflation, causing wages to stagnate and squeezing the budgets of families who already suffer from high gas prices.

Instead of solutions, the Majority in Congress has offered more of what got our health care system to this state in the first place; more lawsuits, more bureaucracy and less choices for patients and their families.

This has to change.

Republicans have rolled out an agenda to reform our health care system. I have always believed that government tends to create more problems than it solves, so let me assure you that this plan is in no way a step toward government-run health care. Instead of forcing Americans into a Washington-run health care program, Republicans have a plan to pass reforms that reduce costs and ensure personal health care decisions are made by patients, their families and their doctors. Here is how we do it.

We will reform the tax code so that all Americans can afford a quality health insurance plan and keep it. By leveling the playing field between those who don’t have employer-provided health insurance and those who do, we will make health coverage more affordable and empower you to keep your own health insurance plan, even if you decide to retire early or change your job. Since World War II, the tax code has favored health insurance provided by employers. Tax incentives to purchase health insurance should apply to any individual who purchases coverage, regardless of whether they obtain coverage at their job or in the individual market.

We will make health insurance more affordable by allowing families to enroll in plans available in other states if those plans better meet their needs. Instead of setting up new bureaucracy, we will empower individuals to make the best choices for themselves and their families when it comes to purchasing health care. We’ll harness the power of the marketplace to allow Americans to compare insurance policies from across the country and pick one that best meets their needs. This will provide every American with better health care choices, and reduce the number of Americans who are unable to find affordable coverage.

We will enhance Americans’ control over their own health care by expanding the availability of tax-free health savings accounts so they can use their own money wisely on health care benefits they need today, save for their future health care needs, and spend more time seeking preventative care.

We will fight to reform frivolous lawsuits that are driving up costs and reducing patient access to care, and reverse the dangerous shortage of physicians in high-risk practices like obstetrics and surgery by reforming our medical liability system.

We will help small business owners afford health insurance for their employees by allowing them to purchase coverage at similar rates as large corporations and government agencies. We will do this by passing legislation to allow businesses to band together through associations and purchase quality health care for workers and their families at a lower cost.

We will require medical bills to be made more transparent and easier to understand in order to increase competition and empower individuals to know they aren’t being overcharged. We will also improve health care quality in America by expanding the use of health information technology and electronic medical records.

We will provide more effective care and more choices for our seniors, improve veterans’ health care through expanded choices and increase the number of low-income children with health insurance in America. We will do this in a manner that puts poor children first, instead of allowing adults and illegal aliens to misuse the program. We will promote and expand research to develop new and innovative technologies that will encourage prevention and ultimately treat and cure diseases and disorders.

House Republicans have a plan to guarantee access to affordable, high-quality, patient-centered health care for every American. We cannot afford to stall any longer on this issue, and it is my hope that Speaker Pelosi will join Republicans and work together for a more stable, more affordable health care system.

Over the past two months a number of proposals have been tossed around by lawmakers of both parties in response to the record energy prices Americans are facing. These ideas have ranged from a gas tax holiday to increasing our refining capacity. Some of the ideas are a step in the right direction, such as exploring for more energy sources and increasing our refining capacity.

In order to develop a real, commonsense energy policy for the American people we need to focus on a number of issues. More than anything, we need to focus our attention on exploring new American energy through drilling, technology and new development.

Congress needs to understand that the path to lowering prices lies not in windfall taxes or gas tax holidays. It lies in opening up the vast, untapped reserves that are under our lands and oceans. The Department of Interior estimates that there are “112 billion barrels of technically recoverable oil beneath U.S. federal lands and coastal waters,” which would result in enough gasoline to power 60 million cars for 60 years. While Congress has yet to move restrictions on drilling in many offshore areas, China and Cuba are setting up off shore drilling rigs just 50 miles off the coast of Florida.

According to an American Solutions nationwide survey, 69 percent of Americans support lowering energy prices for U.S. consumers by using U.S. domestic energy sources, such as clean coal and oil, even if it means drilling off our coasts and in Alaska. I realize that there is a legitimate concern for the safety of our environment when we talk about drilling in places like ANWR and the ocean. I share these same concerns, but want you to know, that these proposals can be done in an environmentally safe way. The Washington Post recently reported that of the more than 7 billion barrels of oil pumped offshore in the past 25 years, .001 percent-that is one-thousandth of 1 percent-has been spilled. You should also be aware that only 8 percent of ANWR, the Arctic National Wildlife Refuge, would be considered for exploration. The remaining 17.5 million acres will remain permanently closed to any kind of development. If oil is discovered, less than 2000 acres of the over 1.5 million acres considered would be affected by production capacity. If this exploration takes place and is developed, between 250,000 and 735,000 jobs are estimated to be created.

Opening up new reserves will increase our supply and bring prices down at the pump. The new exploration and production will provide new jobs, and increase in our supply of crude and natural gas is the quickest and most commonsense remedy to our high energy prices, which are a result of increased global demand. So why the opposition to more drilling? While many in Congress would have you believe that oil companies are to blame for high gas prices, they fail to realize that the large part of the problems lie within drilling obstacles. Republicans have a plan for relief that includes environmentally safe exploration of American energy. It is my hope that Democrats will work with Republicans on this plan to deliver relief to the American people.

Our nation recently celebrated Memorial Day, a day on which we recognize the service of so many brave American men and women. As we honor our veterans and current service members, it’s important that we maintain the promises the government made them in exchange for their service. Just as they have given life and limb in defense of our nation, so the government must honor our commitment to provide health care to those injured in their service.

Recent events have called into question the dedication that the Department of Veterans Affairs has to providing treatment for Post Traumatic Stress Disorder (PTSD). PTSD is a serious psychiatric injury which is often difficult to diagnose. A soldier may develop PTSD in response to the traumatic events he or she often faces in a combat zone. While there are no clear physical symptoms, those affected have persistent frightening thoughts and memories of their ordeal and may even make themselves emotionally detached from their loved ones. While these wounds don’t leave physical scars on our soldiers, airmen, and marines; they are just as devastating.

One of my assignments as your Congressman is to help craft the legislation that provides funds for the Department of Veterans Affairs. In 2007 alone the Military Construction and Veterans Affairs Appropriations Subcommittee provided an increase of over $11.8 billion to the veterans’ healthcare system. My colleagues, both Democrats and Republicans, and I also took specific action to address the increasing cases of PTSD and Traumatic Brain Injury. We required that at least $2.9 billion be spent explicitly on mental health care. We also found it necessary to build a Level 1 Polytrauma Center in San Antonio, supply the necessary funds to provide Polytrauma support clinic teams and additional Polytrauma points of contact, and require that existing Level 1 Polytrauma centers and Mental Health Centers of Excellence be fully staffed and operational in 2008.

My commitment to our soldiers and veterans is strong. I am proud to have worked with both Democrats and Republicans to have supported these and other important issues for our service men and women, both past and present. It is important that we continue to honor our commitment to them and not hamper their recovery efforts in an effort to save a penny here or there. As I begin to work with other members of the Appropriations Committee on the bills to fund your government for the next year, I will continue to fight to make sure that our veterans receive the care they deserve.

In Texas we don’t have to look far to find thousands of the soldiers who contribute to our military’s honor and strength. The 31st District is honored to be the home of Fort Hood, the largest military installation in the world, where roughly 50,000 soldiers are stationed. Many of these soldiers have the comfort of their families close by. These military families make Fort Hood and the surrounding areas their home, contributing to the local economies and communities. As Members of Congress, we must recognize the importance that family plays in maintaining morale and retention in our military and assist them whenever we can.

We ask our soldiers to move numerous times throughout their time in the military. In doing so, we are also asking their spouses to move as well, leaving behind homes and businesses. The Servicemember’s Civil Relief Act (SCRA) allows our military men and women the ability to claim a home of residency and keep that home regardless of where military orders may send them. This state of domicile can be the state where the member lived prior to joining the military or the state where the soldier intends to retire after separating from the military. This not only allows a small level of tax relief, but also makes the move from station to station easier, as common headaches from interstate moves like updating drivers’ licenses and vehicle registration are no longer necessary.

Unfortunately, military spouses are not granted this same consideration though they still move around the country and interrupt their lives because of military orders. In addition to the stress of looking for a job every few years, this inequality means that military spouses potentially pay up to $5,000 more annually in state income taxes than if they had not committed to support their soldier in this way. Spouses are also much less likely to have their names on deeds and titles of family property because of the implications of moving to another state, leaving many feeling like second class citizens.

I introduced the Military Spouses Residency Relief Act that would allow a military spouse who moves out of state because of the service member’s military orders to have the same option to claim one state of domicile regardless of where they are stationed. If a spouse chooses to take advantage of this, the soldier and the spouse must claim the same state.

Military families have shared in the sacrifices of service men and women and I strongly believe they should have the ability to share in the benefits. It is only fair to allow them to claim the same state of residency as their spouse. As the representative for the largest military base in the nation and so many military families, I look forward to seeing this bill passed into law.

Gas in Texas has reached the $3.70 mark and is expected to continue to rise. For years, Republicans have brought forth commonsense, environmentally responsible energy policies that would provide our country with its own secure oil and gas supply, but those policies have been road blocked by Democrats in Congress, the Senate and the White House. Even now, as gas and diesel prices set record highs across the country, the Majority Leadership continually refuses to tackle this mounting problem.

The truth is simple-Congress must take action to encourage conservation and promote the research and innovation necessary to develop new energy sources and technologies. But while doing this, we must unlock new energy supplies here at home. This week Republicans in Congress unveiled an energy plan that will bring the much needed relief American families are anxious for by safely and responsibly increasing American supplies. These good reforms are the only way Americans are going to see lower prices at the pump.

I will work with my colleagues to deliver a plan that works with meaningful solutions that make our nation more energy dependent. Here is how we will do it:

First, we will increase the production of American-made energy in an environmentally-safe way by supporting actions that reduce America’s dependency on energy from unstable foreign governments and dictatorships by increasing environmentally-safe production of oil and natural gas in areas such as the arctic coastal plain and in deep ocean energy resources. We will also promote unconventional fuels such as coal-to-liquids technology and recovering our vast oil shale reserves by increasing access for environmentally responsible development of conventional and unconventional domestic oil and natural gas production, provide coal-to-liquid financing and tax incentives, and advance the commercialization of the nation’s two-trillion barrel shale oil resource, 80 percent of which occurs on government-owned land in the West. This is enough to supply all of America’s needs for over two centuries.

Second, we will promote new, clean and reliable sources of energy. We will do this by encouraging more production of environmentally-safe energy to increase the use of our vast domestic supply, reduce emissions and keep coal-dependent communities strong. We will also expand emissions-free nuclear power, including long term nuclear waste storage solutions and recycling spent fuel by providing production and investment tax credits for all new base-load electricity projects such as advanced nuclear power and clean coal. We must also allow immediate expensing for new renewable or zero emission power.

Next, we will cut the red tape and increase the supply of American-made fuel and energy. We will expedite permitting for enhanced oil recovery projects, including CO2 delivery and injection, as well as permitting for new refining capacity. We will improve environmental review and permitting to encourage the deployment of technologies which increase the efficiency of existing power plants, and we will end ill-advised policies that have led to the production of unique gasoline and diesel fuel formulations known as “boutique fuels,” which have fragmented our motor fuels distribution system and choked off supply.

Finally, this plan will encourage greater energy efficiency by offering conservation tax incentives. We will support technologies to help increase energy efficiency in all sectors of the American economy, including removing barriers that prevent businesses from upgrading their facilities with newer, more efficient energy. We will do this by making home energy efficiency upgrades tax deductible, providing incentives for home builders and homeowners to make their homes more energy efficient, offering investment expensing for industrial and commercial building efficiency upgrades, extending the residential and business solar and fuel cell investment tax credits, extending the fiber-optic distributed sunlight investment tax credit, and increasing the energy efficiency of government-owned buildings.

I am committed to a comprehensive energy reform policy that will increase the supply of American-made energy, improve energy efficiency, and encourage investment in groundbreaking research in advanced alternative and renewable energy technologies. With 21st Century technologies and the strictest standards in the world, American can and must produce more of our own energy and protect the environment at the same time. That is the change Americans deserve. I call on my Democratic colleagues to work with Republicans and pass these commonsense solutions.

The sexual abuse and exploitation of a child is one of the most despicable and vicious crimes conceivable. As a father of four and a district judge for over 20 years, I feel strongly about doing everything we can to keep our children protected-especially from sexual predators. This fast-paced, cyber world we live in has opened the door for more threats to our children. Child pornography and sexual crimes against children have exploded due to the Internet, chat rooms and social networking sites.

Every day, children are targeted by sexual predators. Whether it’s through online social networking or pornographic images of a minor, our children are becoming increasingly vulnerable to predators and pedophiles. Popular social networking sites such as MySpace and Facebook make it easier for teens to post and share personal information, pictures and videos, which may make them more vulnerable to online predators. The national statistics paint a frightening picture.

• In 2007 alone, MySpace identified and removed the profiles of 17,000 sex offenders.
• 1 in 5 girls and 1 in 10 boys are sexually exploited before they reach adulthood.
• According to the National Center for Missing and Exploited Children. 1 in 5 children ages 10-17 years old will be sexually solicited online. Of these, 70 percent are teenage girls.
• According to the FBI, 50,000 child sexual predators are online at any time searching for potential victims, and sex offenders are 4 times more likely to re-offend.
• The National Center for Missing and Exploited Children averages 1,400 child pornography reports every week.

I am committed to protecting America’s children from sexual predators. Recently, I co-sponsored two bills, the Sex Offender Internet Prohibition Act and the Protecting America’s Children Act. The Sex Offender Internet Prohibition Act will impose mandatory penalties of 5 to 20 years in prison for registered sex offenders who knowingly access an Internet website with the intent to communicate with an unsuspecting child. The Protecting America’s Children Act ensures that state and local governments have provisions in place to prevent child predators, which have been arrested and are awaiting trial, from fleeing or committing additional crimes.

These are both good bills that take additional steps to protect our children from sexual predators, but Congress must continue to do more. As parents, we can also help alleviate the danger. We can talk to our children about not responding to any unknown e-mail, particularly offensive of dangerous e-mail, chat or any other communication. We can also keep the computer in a family room or other open area, and visit our children’s favorite sites and familiarize ourselves to stay informed. We should make sure our children’s screen names are non-descriptive so they cannot be identified as a child, and always get to know the adults in our children’s lives and stay in touch with them to make sure the relationship (both online and offline) remains within appropriate boundaries.

As a district judge for 20 years, I put criminals behind bars so our children might live in a safer world. If passed, these bills will send a clear message that those who prey on our children will be caught, prosecuted, and punished to the fullest extent of the law. Since coming to Congress, I have worked to protect our nation’s children, and I will continue that fight for the safety of every vulnerable child.

It’s official. Gas prices have hit $4 per gallon. Heading into last weekend, Chicago’s CBS 2 News reported, “Premium gas at some Chicago pumps has reached an unfortunate milestone-$4 a gallon-and its not even Memorial Day yet.”

While prices have yet to hit $4 in Texas, they are certainly heading that way, much to the dismay of Texas families and businesses. The Associated Press reported this week that gas prices spiked once again, according to analysis from AAA, “Gas and diesel pump prices jumped to yet another record Friday, piling on the costs for motorists as well as consumers reliant on trucks, trains and ships that deliver goods to market.”

In 2006, then House-Minority Leader Nancy Pelosi promised Americans that “Democrats have a common sense plan to help bring down skyrocketing gas prices.” The truth is-over a year later-the price of gasoline in Central Texas has risen from $2.74 to $3.31 and diesel has jumped from $2.88 to $4.04, according to AAA. With the travel season just a month away, this news could not come at a worse time for Texans planning their summer vacations.

Now, in what seems to be a desperate attempt to discredit progress being made in Iraq, many Democrats are linking the slowing economy and record gas prices to the success our troops are having in Iraq. According to leading columnists and economists, this presumption is false. Below are quotes from recent articles, many written by liberals, discrediting this assumption.
• Princeton University Economist and New York Times Columnist Paul Krugman: “An Iraq recession? One thing I get asked fairly often is whether the Iraq war is responsible for our economic difficulties. The answer (with slight qualifications) is no…” (“Conscience of a Liberal,” 1/29/08)
• Martin N. Baily, a former chairman of President Bill Clinton’s Council of Economic Advisers: “…[T]he current problems the United States is facing [with the economy] have very little to do with the war in Iraq.” (The Washington Post, 4/15/08)
• Max Boot, Senior Fellow at the Council on Foreign Relations: “In short, it is absurd to suggest that a lack of Iraqi production is responsible for the rise in oil prices; the likely culprits are increased demand in China, India, and other emerging markets.” (Commentary Magazine, 3/21/08)
• Trilby Lundberg, editor of the nationwide Lundberg survey on the “essential causes” of high gas prices: “The essential causes are strong crude oil prices, dramatically higher ethanol prices and seasonally rising gasoline demand.” (Reuters, 4/6/08)

The truth is that the rising cost of gas can be linked to simple supply and demand. Demand continues to go up, but our supply is starting to decrease. According to the U.S. Energy Department, inventories of gasoline fell 5.5 million barrels last week, a much bigger decline than forecast by analysts surveyed by Dow Jones Newswires. Crude inventories fell 2.3 million barrels last week, the department’s Energy Information Administration also reported, compared to the gain analysts expected. We can’t expect to see gas prices go down if we don’t increase our supply.

Congress needs to stop blaming our soldiers, blaming the President and blaming each other for skyrocketing gas prices. Legislation that simply raises taxes on American oil companies isn’t going to alleviate the problem either. In fact, it will only make the burden heavier for consumers. We need to get down to the facts and start passing legislation that will encourage conservation and promote the research and innovation necessary to develop new technologies. But, while doing this, we must also unlock new oil supply. We live in a world where people still put gasoline in their cars, so we can’t expect new technology to take the place of oil and gas over night. Good reforms to energy problems are the only way Americans are going to see lower energy prices, and it is time Congress starts doing something about it.