"Because if we can't get this bond thing straight, I am going to suggest that we go back to the cash payment, which will solve all sorts of problems."
"Okay, what do you need to automate the bond process? Do you need resources? Do you need people? Do you need technology?"
"Thank you."
"For Senator Cochran, who joins us here today, happily, he has been focused on this issue for quite some time and a real partner with me to make sure that the Gulf of Mexico businesses are treated fair..."
"Over a period of about 23 years."
"Thank you all for that excellent testimony."
"We have had our fair share of challenges down there. And Madam Chairman and Senator Cochran have been excellent leaders for those battles."
"The bonds are not being appropriately cashed and delivered to those injured."
"So it is $2.3 billion, approximately."
"Having industry voice on that committee is key."
"I think there is a lot more that needs to be done, in terms of getting facts and understanding how the competitors are misusing U.S. laws."