Michelle Wu: “I do believe that the oil derricks, as Katrina came through, were evacuated and covered, and the people who were…”

“I do believe that the oil derricks, as Katrina came through, were evacuated and covered, and the people who were responsible for those rigs did do a good job in Katrina, and I would be happy to concede that to the gentleman. But I also want to mention to the gentleman that experts ranging from the CEO of Exxon to academicians on the topic all estimate that the current price of a barrel of oil should be about $60 a barrel. Instead, it's twice that price. Let me just finish my statement.”