Talk Radio News Service: News, Politics, Media

House Majority Leader Steny Hoyer (D-Md.) spoke at his weekly pen and pad today about the failures of the Bush Administration and the need to regulate the speculation in the oil market. The House is holding four hearings this week on the impact of speculation on the oil market.

Recently President Bush said that the United States was addicted to oil, and his solution was to get more oil, Hoyer said you don’t give a cocaine addict more drugs and that the United States should be looking for alternative solutions to our energy needs. The United States should be looking to reduce, explore, extract, refine, sell and bring prices down in the oil market in the near future, he said. The House Democrats were recently blocked by the Republicans to get the oil industry to drill on the 68 million acres of federal land they have permits for or lose the permits. Hoyer said that Republicans have blocked many pieces of legislation on the House and Senate side and are not seriously working to solve the energy crisis.

Hoyer said that the Bush Administration has had the worst job performance of any administration, they have lost jobs and increase the national debt of the U.S. Americans are correctly concerned about the energy crisis, and that only recently did the Bush Administration recognize the fact that global warming was an issue.

The House will be getting its message out to voter in the month of July, and Hoyer said they will be working with the Obama campaign to get a change of direction from the Bush economic, energy and fiscal policies.