Well, thank you for that but lets start things a little more formally if we can. Id like everybody who can rise to rise and lets say the pledge of allegiance. Shall we . I pledge allegiance to the flag of the United States of america. And to the republic for which it stands, one nation, under god, indivisible with liberty and justice for all. Thank you. I want you to know im here because i work for you. [ applause ] and my im not here to lecture at you. My hope is that we all learn something from each other tonight. There is some other people who work for you that i want to introduce to you. Theyre all people who work in the district, in the in pennsylvania in the 17th Congressional District. And i want you to get to know who they are a little bit in case you ever need to call upon them for help. Starting with my district director, mr. Bob morgan. Now, now bob is also an Economic Development specialist and when i first learned about what it is to be a member of congress i learned that
Lets get pumped up. Were being joined about it Founding Partner of agin and we have a kmg manager of tortoise capital. Youve been negative on oil. Were back to 50. Why . Are you changing the tune in the price forecast . Im not that constructive on it. I see the dollar rallying as the fed goes into Interest Rate hike mode here. Balance of the year. I think some of the outages that have driven the latest leg are transitory. You have already seen the canadian outcut come back. Youre seeing libya barrels starting to load. And the situation in nigeria isnt great. Iran, iraq, saudi arain yashgs all set to ramp up production even further in the coming weeks. So youre negative . You think this is a short term pop. You expect prices to fall again . And were at a critical level here matched up right with the october high. It would be a prominent double top if there is a failure here. Okay. What we do know is that prices have rallied. As oil prices rallied, so, too, have manufacture the stocks. W
Meghan stas, senior director and Grocery Manufacturers Association here in washington, d. C. And diana aviv, kre feeding america in chicago, illinois and emily leib, the director of food law policy clinic, harvard law school, jamaica plains, massachusetts. Ill let everybody get to their seats. All right. Miss gunders, if you will begin when you are ready, maam. Ranking member peterson and members of the committee thank you for inviting me to testify today and be willing to explore this issue. Any name is dana gunders, im a Senior Science at the National Resources Defense Council and the author of a widely cited report on food waste and a book called the wastefree kitchen handbook which is a guide to not wasting food. Imagine walking out of the Grocery Stores with five bags in the parking lot and dropping two and not bothering to pick them up. It seems crazy but that is what were doing when we are wasting 40 of our food. Were leaving entire fields unharvesting and eliminating produce fo
1975, when they were considering these efficiency standards they were supposed to consider that the technology was really feasible and that there was an economic justification for it. But today thats beginning to be blurred and we know, certainly, at epa when they consider it, they certainly dont consider whether its technologically feasible or economically justified. So if we wanted to have a more balanced approach what were trying to do is hear from people who are involved in this on a daily basis because the American Public when they go to the Appliance Store to buy an appliance, they dont understand all about this efficiency. They just know what the price is, and then some people are telling them well you are going to save money even though its a lot more, because of the electricity that will go down. And other people make the other argument. So one of our objectives today is to just try to get a better understanding of what is the reality of this. And thats why were here. So i wan