Few feel the U.S. can can OPEC did not have the discipline to make it work. Approximately three-quarters said they were confident the steep oil decline curve could be flattened 26 percent did not. While most said the maturity of U.S. reservoirs, would be the biggest hurdle to flattening the decline curve, they also thought new technology could helpeservoirs, would be the biggest hurdle to flattening the decline curve, they also thought new could helpould help compensate for maturity, and thought that opening access to domestic reserves would be a bigger factor in flattening the decline than increased drilling. There is more optimism here. A solid 89 percent thought a North American gas market could sustain that level, only 11 percent nk them and chose all three as top concerns.
Environmental extremism is the bee in the bonnet for Basin producers.
As you seek to build consensus around energy policy issues, I hope this information can be of some small use. Thank you very much. As unfortunate as it is, we can only hope that the California situation will suffice as America's wake up call on energy that it is only bla Permian Basin producers strongly support a national policy, and when called upon to step forward help solve America's energy dilemma will do so, ly support a national, and when called upon to step forward help solve America's energy dilemma will do so, ck outs that are needed to get America's attention and not body bags. I applaud the Committee for the very serious work it is doing in moving forward to formulate a long term energy policy, that will provide the nation with secure, abundant, sustainable and affordable energy sources for decades to come an energy policy that will hopefully decrease the danger we face from over dependence on Middle East oil. As you seek to build consensus around energy policy issues, I hope this information can be of some use.