martha: eric. >> i think we should start with the first issue you pointed out. if there were more permits issued it wouldn't affect anything. look when george bush hreufpted the moratorium. it went to $33 a barrel in six months because the traders that you sight said you know what if there is more oil on the market that means there is no squeeze in the oil market there is no economic reason to drive prices up. prices will eventually come down. petrowski is right . traders look ahead that's why they are called futures traders they look down the road. more oil on the market means lower prices immediately. housing permit analogy exactly the same. permit more, prices come down. your drilling analysis, you point out if it's not us it's china drilling in the same water, it's 30 miles away. it may be even the same pocket of oil that we would be drilling. is it an environmental issue or