the Reserve Officers Association does not endorse ratification of the Law of the Sea Treaty.
Money that would be coming to the United States, that by virtue of this treaty, would not come to the United States--I c...
the U.S. Interagency Extended Continental Shelf Task Force said it would be billions, if not trillions.
I do remember that discussion.
we can sit here today and have no idea how much oil and natural gas is out there.
It seems like once they retire, things kind of change.
That is the real table when you say a place at the table?
The economic benefit would be coming from companies that are already in this area.
I believe it was 16 to nothing. It was unanimous.
I appreciate that very much.
How does it serve our national security interests to send nonappropriated, essentially entitlement spending to an intern...
that doesn't sound to me like a very fiscally responsible thing to do.
I appreciate that. And Mr. Chairman, I appreciate the time.
To agree to the Law of the Sea Treaty acknowledges that the United Nations has authority over the United States maritime...
But they currently are producing and they're currently able to do that through bilateral treaties.
Ronald Reagan renegotiated this with the oil companies and gas companies at the table, and they signed on to these royal...
There would be no loss there. The loss would be $7 billion, and that would affect our national security.
The risk of confrontation goes up. So our force capacity will not go down, but the risk of having it used in a confronta...
