The Oil Ministry added that there is enough scope for several large and small companies to operate in the offshore and onshore basins in the country as substantial area is still available.
democrats are basically no negotiation here. this is a disaster. we are going to block it. we are going to obstruct it i thought it was very nice of the president that he endorsed nancy pelosi. steve: keep her around forever. ainsley: keep her around. we don t want to force her out. she is good for republicans. tweeted about crying chuck. he shouldn t leave either. steve: keep in mind yesterday she took the stage and defended herself. we are about to play a little bit of her defending why she should keep the job. keep in mind, at exactly the same time as she was doing it, republican democrat by the name of kathleen rice hosted a strategy meet in her office with a dozen democrats trying to figure out how to squeeze her out. ainsley: that takes some guts. steve: no kidding. i think she needs a food tester. that was going on while nancy pelosi was saying this. you want me to sing my praises? is that what you are saying? why should i? well, i m a master legislator. i am a strategic polit
bridge too far. so what the president s meeting can do is kick around ideas, maybe get democrats to think alike on this and some of it is purely the appearance of it. the steps towards trying to reach some resolution but it sure feels like it sç a long w off. that s interesting. because we know that treasury secretary tim geithner said there was a deadline if you will, that needed to be in the forefront of this conversation and if they are kicking around the can, as you say, this is just a strategy meet, not negotiating, is anyone taking this deadline seriously? reporter: i do think in both parties they re taking it seriously. there are a range of deadlines. it seems the drop dead is early august now. initially may 16th was the deadline. we re into a critical window. both parties are saying debt limit has to be raised but how to agree to get there, that s where you have the big divide. democrats say they ll go with some spending cuts but nothing like republicans want and republic