ABSTRACT

Changing Energy Markets and U.S. National Security, Hearing Before the Subcommittee on Terrorism, Nonproliferation, and Trade of the Committee on Foreign Affairs, United States House of Representatives, One Hundred Twelfth Congress, First Session, December 16, 2011   [open pdf - 2MB]

From the opening statement of Edward R. Royce: "This hearing of the subcommittee will come to order. The title of this hearing is 'Changing Energy Markets and U.S. National Security.' Energy has become a national security issue in the United States. And one of the realities that we have to explore is the impact that energy has on so much of the trade issues, terrorism issues, even the nonproliferation issues. All of these are in the orb of the responsibilities of this subcommittee. This week the House passed sanctions aimed at Iran's energy sector. A nuclear armed Iran would hugely damage security in the Persian Gulf. It is just a reminder to us of the role played by energy, the reality that the United States is in a competitive situation, competing with China. Energy prices in China are 20 percent higher than energy prices here in the United States. Yet the question is, going forward, are we going to be able to access energy at a lower cost or are we going to foreclose those possibilities? We sit here today at this hearing at a time when you already have layoffs in the United States related to the Keystone pipeline. Last week, 60 Americans lost their jobs as a result of the President's decision not to give the green light and go ahead with the Keystone project. We sit here in the United States today, some of my colleagues were recently talking to the Canadian Ambassador and Prime Minister Harper, after the President made a decision not to go forward with the Keystone pipeline, and that reaction was to embrace a long-term strategy of looking to Asia for exports from Canada." Statements, letters, and materials submitted for the record include those of the following: Neelesh Nerurkar, Robert McNally, Martin J. Durbin, Gal Luft, Brad Sherman, Gerald E. Connolly, and Edward R. Royce.

Report Number:
Serial No. 112-89
Publisher:
Date:
2011
Copyright:
Public Domain
Retrieved From:
Government Printing Office, Federal Digital System: http://www.gpo.gov/fdsys/
Media Type:
application/pdf
URL:
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