This is the setup for 1966, 1967, 1968. If Congress goes ahead and spends another $200 billion and doesn't pay for it, it's just what LBJ did.

I expect that Katrina will have very severe economic impacts because it will force consumers to increase expenditures on energy drastically.

There's no national security issue here -- zero. Unocal doesn't have technology that needs to be kept secret.

We are introducing these new rules when demand is high and it looks like supply is going to be low, therefore putting a squeeze on supplies and prices.

They want to be able to sell to all customers.