Everybody that comes on these missions gets meetings. There are government meetings that are necessarily limited not necessarily by us. For some of these meetings, the sponsors do have access to these meetings.
We've now known for 31 years since the first oil embargo that Hawaii's precarious position as the state most dependent and exposed to foreign crude oil is unacceptable.
We are pleased that the state's economy has grown faster than the national average over the past three years.
Hawaii's overdependence on imported oil is not acceptable and we need to address it with something more than short-term policy of price controls.
It's a challenge to get researchers to think more in commercial terms ? to take things off the research bench and put them into the commercial area. It is a process. Hopefully, we'll start seeing more results in the foreseeable future.
To me that's the only way that these trade missions should be done. If we weren't doing this, probably we would get criticized for doing too little.
We passed a gas price cap law without knowing what was actually happening. The price cap brought us from no government intervention in the markets to an absolute government intervention.
They're over and done because nobody is going to have an appetite for that.
The essence we're trying to accomplish is to make sure consumers get a fair price. I don't think that's happened.
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