Well, the thing I have found, and I was at dinner tonight with some friends, some scientists, and they were stunned to know about the difference in prices. Everybody thinks that oil and natural gas is a world price, and I have to explain that to most people. When I explain this issue in my district, I just do not have people opposed to the production of natural gas on the Outer Continental Shelf because they know that we desperately need it to heat our homes, to run our businesses and to make products. It is such an integral part, and it is the clean fuel; as I said, it is almost the perfect fuel. If we could produce enough natural gas that the price was more affordable, maybe a little less than gasoline and fuel oil costs, it could be the bridge to the future. It could relieve the need for building more refineries, which will take years. It can relieve our need to increase our dependence on foreign oil from unstable parts of the world. Now, there are those who think liquefied natural gas is the way to go, and I do not really want to get into that discussion tonight, I think it can be helpful, but many are pinpointing our whole future. That means we build the most expensive ships, we build very controversial ports to bring the gas back, because you chill it, you put it in ships, bring it back here, regasify it and put it in these ports; and many people look at those in a very negative fashion, plus it is very costly. But I am even more concerned about where we get it.…
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This has all happened without a storm in the gulf, which always escalates prices, without any country having a major coup or problem, or without any terroristic attack on the system. I don't think anybody dreamed that we would have $135 to…
That's right. We need to get out into the fertile fields where we'll drill less holes in the ground, but we'll get massive prime production where you get into a fertile field that's got great gas pressure and great oil pressure and we'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.
Well, that is something they all have. And I think, in my view, we need to be watching very closely as we elect a President, do they have a bona fide energy policy for America.





