Our oil imports have declined from 60 percent in 2005 to the latest number I've seen in your numbers, Howard, 44 percent.
U.S. oil production is up 20 percent since 2008, over 1.1 million barrels a day.
I think realistically we know that there are no quick and easy answers to the fact that we are seeing significantly high...
What about the rest?
They expect us to do something here. They want to know what it is that can be done.
Thank you. I appreciate the fact that you have come all the way to be part of the testimony this morning. Very credible ...
Yup.
I want to explore a little bit more on this issue on where we are with spare capacity.
But you extend the life of conventional fuels. They're cleaner. They're safer. But they go on longer.
We need to build confidence about new supplies both North America and internationally.
Is there anyone other than the Saudis that have that ability to provide for additional capacity?