David Thomas said "here we are again, faced with another opportunity to make it more difficult for us to meet our needs in energy. Interestingly enough, people on the west coast who need the energy more than anyone seem to be pushing for this. There is a misunderstanding here as to what has been done. But these tax opportunities are particularly the cost of conducting oil and gas exploration and production, particularly offshore, the difficult ones, the high-cost offshore drilling, the kinds of things we are going to have to get into to continue to have it. We have about expanded all the regular drilling we can. Here is an opportunity to do something unusual. By the way, I think there has been a little misunderstanding on the question that was asked. The question that was asked, as I understand it, was on geology, G&G, which was in the bill. They said they didn't need that. This is not G&G. This is another issue." @ PoliticalQuotes.com

On the recordNovember 17, 2005

here we are again, faced with another opportunity to make it more difficult for us to meet our needs in energy. Interestingly enough, people on the west coast who need the energy more than anyone seem to be pushing for this. There is a misunderstanding here as to what has been done. But these tax opportunities are particularly the cost of conducting oil and gas exploration and production, particularly offshore, the difficult ones, the high-cost offshore drilling, the kinds of things we are going to have to get into to continue to have it. We have about expanded all the regular drilling we can. Here is an opportunity to do something unusual. By the way, I think there has been a little misunderstanding on the question that was asked. The question that was asked, as I understand it, was on geology, G&G, which was in the bill. They said they didn't need that. This is not G&G. This is another issue.

Said by

David Thomas

New York

Source

govinfo.gov

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