Representative Joe Barton on Domestic Oil Production and Middle Eastern Oil Imports
Representative Joe Barton (R-TX) was interviewed on Fox News Channel's "Your World" on Monday, January 31, 2011, by Neil Cavuto. The discussion centered on domestic oil production's impact on Middle Eastern oil imports and its potential effects on the energy market.
In the interview, Representative Barton emphasized the need for a domestic policy that supports energy development in the United States. He pointed out that the country has a resource development problem, not a resource problem, and that President Obama's administration is hindering energy development. The Congressman also expressed his support for a rational, market-driven energy policy and highlighted the limitations of green energy sources.
Key Takeaways:
- Representative Joe Barton advocates for a domestic policy that supports energy development in the United States.
- He believes the country has a resource development problem, not a resource problem, and that President Obama's administration is hindering energy development.
- Green energy sources, including wind and solar, account for less than 10% of the United States' energy supply.
- Representative Barton disagrees with the potential for $5 gas prices due to Middle Eastern oil imports, attributing the increase to other major oil suppliers like Saudi Arabia and the UAE.
Statistics:
- 85% of the United States' energy supply comes from hydrocarbons.
- Less than 10% of the United States' energy supply comes from green energy sources, including wind and solar.
Sources:
- Fox News Channel's "Your World" interview with Representative Joe Barton (R-TX)
- United States government statistics on energy supply and consumption
- Representative Joe Barton's statements during the interview.