And this particular instance, you could argue that there could be some problems down the road because we have these precarious low inventories. All right, Linda Stuntz, that raises the question of who's to blame here. Now, Al Gore said today it's big oil, he pointed to the big profits the oil companies have and called it profiteering and price gouging. Well, not surprisingly I agree with Governor Bush. Big oil companies don't set the price.
Price is set in the world oil markets, supply and demand.
It's not big oil companies who have closed vast tracks of this country to research and development, to exploration and development, which I believe could be done in an environmentally sensible, responsible manner. They have been asking to develop those resources. They've been saying we need opportunities, we need the ability to expand refineries, we need more sensible cost-effective environmental regulation. And it's this administration that has failed to put any emphasis on production of energy in this country. Well, I have to disagree with Linda.