Also in this playlist...
This transcript is automatically generated
-- if you gassed up recently no doubt you are feeling the pain at the pump right now.
The national average price for a gallon of regular gas is three -- six up thirty cents from a month ago.
Some are calling on the president to take action but what can he or congress do to make a difference.
Joining us now for fair and balanced debate democratic congressman Eliot Engel and Republican congressman Michael Burgess both are members of the house energy and commerce committee gentlemen welcome to both.
Right congressman Burgess the president said this week that he wants to count on a few things he wants -- -- efforts in a few areas out primarily in getting our our -- to be more fuel efficient says -- help everyone across the board you great.
I had no argument with fuel efficiency as a as a strategy and a -- -- welcome the president who's adopted and all of the above strategy.
The house Republicans have been saying this for years we need all hands on deck.
Approach to the energy problems in this country lack of national energy policy has been a serious serious shortcoming.
But let's face -- there are people who.
Do try to manipulate the market they are both investors domestically.
Sovereign wealth funds for -- -- There are lots of people who play it as we all lived through the of the Arab oil embargo 7374.
So we know that.
Some countries look at this as a means to.
Manipulate the markets the United States and most of the big recessions have been preceded by run up and fuel prices so.
Yeah we need to be busy on this because I don't know that we seriously protected ourselves against the next economic downturn goodness knows we can scarcely afford that now.
-- congressman hang along when asked about the fact that one of your colleagues Republican Doc Hastings reference this week a number of measures that have passed the house but haven't had a chance in the democratically controlled senate.
What do you make of this house measures that they they are aimed at bringing gas prices down.
Well I think what we need to do is have a bipartisan energy policy I don't think frankly it helps if if Democrats propose things Republicans propose things and if this finger pointing.
I have sponsored a bill which is gathering -- of steam.
Along with -- congressman Johnson just.
It was a Republican -- Illinois.
For an open fuel standards -- I believe that he believes that every car that's manufactured in America ought to be flex fuel.
Meaning that it would run on ethanol methanol.
That would would help it to two to save.
Fuel efficiency and other countries do this it would cost a hundred dollars or less per car.
We have natural gas in the United States you can turn that into methanol and this is I think what we should be doing Brazil does it.
And it's done in again many other countries and we should be doing it I think we should study every energy policy.
The American people don't wanna see -- democratic energy policy or Republican energy policy -- -- an American.
Energy policy and we really need to do it and I hope that we can we do it on the -- commerce committee.
My legislation congress and so this is legislation.
And do it as quickly as possible now that's not going to be.
I've had a C.
Comes in Burgess is quite right it's very complicated.
They're all kinds of demands India and China are are driving prices up there tensions with Iran.
I driving prices up to some degree we're limited in what we can do but we should leave no stone and -- anyway.
Our congressman Burgess is that kind of -- building you can -- -- something that would make all autos flex and you know flex fuel in the future.
Look we've we've already tried the -- of ethanol subsidies and and they haven't worked but I'm I'm all for anything -- can be demonstrably.
-- demonstrably improve our nation's energy position.
Natural gas as of as a powering source for vehicles works today I have a manufacturing plant in my district Peter built it builds and off the line.
Natural gas fired big -- I think that's a good idea of a problem currently is no place to -- them up but for those companies that have.
Local deliveries that seems to be a strategy that works -- -- The buses in in DC the metro buses.
The metro buses in Fort Worth Texans all -- -- natural gas I think that's that's a good first step it's a much cheaper transportation fuel and is unleaded gasoline.
But -- you talk what a bipartisan approach.
For heaven's -- Bill Clinton said to Barack Obama -- -- this keystone deal because it really wouldn't take some of the pressure off.
And -- and you know there's a bipartisan approach tonight.
I don't normally agree with Bill Clinton but I think in this instance he's he's likely correct.
The problem is in order to insulate us from the -- of the disparaging aspects of the world market.
We need to increase American energy production and we need to do so in every way that is feasible the president likes to take credit for the increase production in this country.
But honestly he has not had much to do with that this is oil is produced on state -- like in Texas oh it was produced dying gas produced on private lands.
But the big problem is the lockout.
On the federal lands both onshore and offshore but the present where the president refuses to -- of refuses to even talk about the issue that is a problem.
All right congressman Burgess congressman angle I think you both for your time it sounds like there is a glimmer of a little bit of common ground between the two of you we hope that that you find more of that as you move ahead in your work on -- that -- on this particular topic thank you both for your time thank you.
Filter by section