Smith Statement on President Obama's Address

Statement

Congressman Adrian Smith (R-NE) today released the following comments following President Obama's address concerning the oil spill in the Gulf Coast and the President's call for new energy legislation.

"I agree with the President our nation should prioritize stopping the leak. This is BP's well and they have the responsibility to cap it and must be held fiscally responsible for the cleanup and consequences.

"However, I'm disappointed President Obama used tonight's address to call for a return of the disastrous House energy bill known as cap-and-trade.

"Our energy policy is broken, but we are not going to fix it by bringing back cap-and-trade. Cap-and-trade wouldn't cap the leak and it wouldn't prevent new ones. All it would serve to do is make fossil fuels more expensive - driving up the cost of production agriculture which will in turn drive up the costs for consumers across the board."

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