Energy Security: An American Imperative, Hearing Before the Committee on Homeland Security and Governmental Affairs, United States Senate, One Hundred Tenth Congress, Second Session, July 22, 2008 [open pdf - 39MB]
From the opening statement of Joseph I. Lieberman: "The high price of gasoline today is literally wounding American families, businesses, and farmers, and it is causing the American economy to stagger. It threatens to impose terrible hardship this winter on families in places like New England that rely heavily on home heating oil. The near total dependence of our economy, the energy sector of it--and particularly the transportation sector--on oil is weakening our Nation's position in the world while enriching and strengthening a lot of countries in the rest of the world, many of them volatile and some of them just plain hostile to the United States of America. [...] The Pickens Plan has attracted attention, in part, because the author of the strategy to cut our reliance on oil is himself a legendary oil man. It has also attracted attention because T. Boone Pickens has invested a large amount of his own money to educate the public about the crisis and his proposed response to it. But, most important, I think, the plan has attracted attention because it is bold. [...] We have a second panel that will testify today--three witnesses who, like Mr. Pickens, are well positioned to recommend strong steps that can enhance U.S. energy security and lift an economic burden from American families, farmers, and businesses." Also included in this hearing is discussion of the "Open Fuel Standard Act" bill proposal. Statements, letters, and materials submitted for the record include those of the following: Joseph I. Lieberman, Susan M. Collins, George V. Voinovich, Pete V. Domenici, T. Boone Pickens, Gal Luft, Geoffrey Anderson, Habib J. Dagher, and Deutsche Bank's Report titled "From Shale to Shining Shale."
S. Hrg. 110-1023; Senate Hearing 110-1023
Government Printing Office, Congressional Hearings: http://www.gpoaccess.gov/chearings/index.html