We have audited 71 percent of the property on public lands. We look at the value of that production at the lease. |
We implemented a new management strategy that increases efficient use of our internal resources, and in fact allows us to do as many or more audits with fewer auditors. |
We need to find natural gas and oil in order to bridge the gap between now and the commercial development of renewable energy sources. |
We need to remember the primary reason that incentives are given. It's not to make more money, necessarily. It's to make more oil, more gas, because production of fuel for our nation is essential to our economy and essential to our people. |
We won't see 90 percent of production hitting market for another three months or maybe year's end. |
With sharply higher energy prices buffeting both families and businesses, we want to be sure that we fully consider the environmentally sensitive development of the vast domestic oil and gas resources off our coasts. |