John W. Peterson: “As a retailer all my life, that's what a gas company is. They're a retailer. I sold food. They sell gas. And as their…”

We keep hearing from over there that it was all ethanol. Ethanol was just a piece. It was 15 percent. The rest was normal oil and gas energy. But they had a plan. I think we ought to have a plan for North America. Stop and think about…

Well, we're so far behind the curve right now, we were talking to Minerals and Mines Management today. Many of our rigs went to Russia to drill because there's so much more activity there. The big owners go where the action is, and they're…

I think there is more to it than that, though. It is local leadership that is part of it, because local leaders had to recognize the program could assist them, and they reached out and adopted it. Many states still haven't.

If the Democrats win this debate and we don't produce energy--if we use these old statements of 68 million acres and 80 something percent is leased, that is not factual; 2.5 percent of the Outer Continental Shelf is leased, the good spots…