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Transcripts For CSPAN2 Panel Discussion On Hydraulic Fracturing 20140819

Needed to import lots of natural gas because we were not going to be able to provide it all. A lot of cities along the gulf coast to import natural gas and air now all in the process of being flipped over. The next thing is exporting oil. The question back here. This is kind of a stupid question. Well, thank you. [laughter] peak oil, i forget the guys name. San antonio. He predicted. Thats right. Very good. Well, im fuzzy about it. But i recently talked to somebody in said anti told me to my no problem. That was not true because we have plenty now. And i said, no, i dont think so. You are going off to the side and moppingup what is left over. Hubbard had a simple prediction. He said that if you are looking at what the wells are doing and what is available were going to keep increasing producing oil in the United States command right about 197273 go into a long decline, and he was absolutely right until 2008. Then that started to reverse and we started to grow production. And all of the

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