We can do so much more with good environmental stewardship.

We are number one in the country in land reclamation. We are number one in terms of how we handle the water.

It has to be a workable regulation.

And if you'll work with us both in terms of collaborating with States, with the tribes and with industry, I think we can help make that guidance more effective in a way that creates some rules of the road that the industry understands…

Does this new performance standard that you're proposing apply to new plants, only new plants, or does it also apply to existing plants?

But we have to understand business practices and how they work.

We want to do it safely and well. We want good transparency.

Mr. President, I thank the Senator from Texas for organizing this colloquy with the Senator from Missouri and the Senator from Ohio on this very important issue. We have our American consumers paying more than $3.70 at the pump today…

That is the kind of thing that does not work for business.

We have no problem requiring that our companies provide what is in that frack fluid so that people know and it is fully transparent.

If we're going to empower industry, and if we're going to empower investment to produce more energy in this country and do it with good environmental stewardship, they need to know the rules of the road, and they need consistent…