Jack Reed actually said...

I want to welcome our witnesses to the subcommittee's oversight hearing on Federal offshore and onshore energy development programs within t...

We want to encourage the development of offshore wind, and so we want to keep our auction process as simple as possible.

Let me just say right up front. It is quite--it is a lot cheaper to drill on private land than it is on public lands.

Even though our budget was based upon an assumption that an increase of royalties would go to 18.75 percent for both oil and natural gas, le...