A royalty rate of just 12.5% would return $300 million to taxpayers annually.

At minimum, we should increase the grazing fees to market prices.

Even when taxpayers are getting some return for our oil and gas resources, we are still not receiving our fair share.

The 1872 Mining law allows corporations to take valuable minerals such as gold, silver and copper from our land for free.

This has to end, and the supercommittee can do something about this with the Natural Resource Committee's help.

I want to commend Congressman Markey for his legislation that I believe was introduced yesterday for taking on some of these subjects.

A better bet is simply ending existing oil and tax giveaways, which would save taxpayers over $300 billion in the same period without damaging the Arctic.

By commending the life and legacy of Eisenhower, declaring the 1002 area of ANWR the Eisenhower National Monument--via executive order--the Obama administration would be preserving one of America's wildest landscapes.

Congress, in my opinion, has a moral responsibility to help save Eisenhower's Arctic sanctuary--a wonder like Yellowstone, the Tetons, Big Bend, and the Grand Canyon--for future generations to enjoy.

We have to move forward in this country.

Again, I guess I can wait until the end of the gentleman's questions.