James Inhofe actually said...

I do not envy you a bit. You are put in a position--I know a little bit about chain of command because I was in a very lowly position, but I...

But they currently are producing and they're currently able to do that through bilateral treaties.

Ronald Reagan renegotiated this with the oil companies and gas companies at the table, and they signed on to these royalties.

There would be no loss there. The loss would be $7 billion, and that would affect our national security.