Senate Hearing Held on Nation's Energy Vulnerability

The Repbulican senator says that since the 1970s, the country has been "lulled into a false sense of security" by plentiful oil supplies.

Published: 22-Oct-2005

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WASHINGTON -- Sen. Lincoln D. Chafee called yesterday for action to address the problems of rising energy prices and U.S. dependence on imported oil.

"An overdependence on oil can be a dangerous addiction. It harms our environment and imperils our national security," Chafee said as he opened a Senate hearing on the issue, taking testimony from officials from the State and Energy Departments -- "defenders of the status quo," as he called them -- and from a panel of energy experts that he called "attackers of the status quo."

Since the energy crisis of the 1970s, "we have been lulled into a false sense of security" by plentiful oil supplies, Chafee said.


Visits to China, India, Malaysia and Pakistan are significant because the trip spells out the Saudi Kingdom's Look East policy, representing a new reorientation in its foreign policy that was heavily tilted toward the West.

The worst two scenarios suggest a drastic decline in output to 875,000 barrels a day by the end of 2007 and to just 520,000 a day by the end of 2008.

Bush said he envisioned a future in which a plug-in hybrid car could drive 40 miles on a lithium-ion battery, then stop at a filling station for ethanol, a fuel usually made from corn, similar to HyMotion Prius pictured below.


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