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Supply. joining us now is noted scientist and engineer bill nye, universally known as the science guy and executive director of planetary society. good afternoon. good afternoon. orrin hatch of utah called this whole hearing a dog and pony show, and i guess in some ways he may be right. what should congress really be think being in terms of america s energy crisis? i m not sure it s a crisis in the sort of 1970s terms, but what we could do is invest in storage of energy and invest in transmission of energy. if we couldรง get energy to be electricity produced cleanly and efficiently, we wouldn t need to import all this oil and we wouldn t need to be dependent on it. we wouldn t be so obsessed with the price of gasoline. you know, in civilized countries, places like norway and stuff, everybody pays $7, $8, $9 a gallon, yet they still drive. ....
Significantly. raising our taxes will not reduce the price of gasoline. reporter: but to balance the budget, democrats want big taxes to pay more. you have massive debts and massive profits. reporter: the red ink is rising fast. they say the high taxes will hurt. they hurt by racing their taxes will generate far less government revenue than if we were allowed to compete and reduce our nation s own resources. reporter: democrats went after conco for a news release calls high taxes un-american. simply beyond the pale. are you willing to apologize for whatever comes down? the tax proposal under consideration. reporter: orrin hatch went off democrats. gas prices are too expensive. i ve got it. let s raise taxes. reporter: he called the whole hearing a dog and pony show. ....