Peter DeFazio actually said...

"Indexing is a good idea because it makes life a little easier up here because you don't have to come back all the time."

"I would suggest if we could find a dedicated revenue source; i.e., indexation, that we might borrow a bunch of money upfront on pretty short-term bonds that we could get for very, very low rates to re..."

"Yet, I would note as of February 1, 2013, the industry holds drilling rights to 30 million acres offshore; 85 percent of the acreage under lease is not producing."

"I fully agree that we need true high-speed rail in the Northeast Corridor, but we need to have a serious conversation about how this is going to happen."