They're drilling platforms, and it takes years to get there. So some of these are in process. A lot of them are old, tired leases where we're now drilling between wells. And the return, we're drilling three times as many wells as we used to and we're getting much less oil and gas because we're in old, tired fields.
Discussing the challenges of oil and gas drilling in older fields.
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Well, it's interesting, we have the talking points of the Democrats that they have 68 million acres under lease; there are--some are saying 5,500 leases, some are saying 10,000 leases: That's enough, they're not producing. I had one of…
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.
The president of DOW Chemical said in a letter I received, he said, We have a debate going on in this country and one side wants production, the other side wants conservation and renewables. He said you're going to need them all. You'll…
But if you want to make sure that the project costs three or four times what it should, then put the Corps of Engineers in charge, and you will accomplish it.
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