Steven Holt: “I thank my friend. According to the Interior Department, today's leases that were bid on today, which have some lease…”

“I thank my friend. According to the Interior Department, today's leases that were bid on today, which have some lease standards apply that require increasing rental rates and shorter lease terms--the very things that the folks on the other side of the aisle here say would be killers, would stop the drilling--were record-setting lease sales, bringing in $11.7 billion even with these new conditions for offshore drilling; and they're saying what works here offshore won't work on the lands that we are talking about in this legislation. Now, I'll tell you what's a killer in this. A killer is the relaxing of the public health and environmental standards in the legislation. That's literally a killer.”