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| TIME | SPEAKER | TEXT |
|---|---|---|
| 00:00:31 |
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WE'RE GOING TO START WITH OUR PROGRAM NOW. IF EVERYONE COULD PLEASE TAKE THEIR SEATS. I SAID EARLIER... |
| 00:04:06 |
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THANK YOU, DAVID. IT IS MY PRIVILEGE TO BE HERE TONIGHT TO SPEAK WITH ALL OF YOU. I DID A LITTLE... |
| 00:36:21 |
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IF PEOPLE CAN FORWARD UP SOME QUESTIONS, REX WILL ANSWER SOME QUESTIONS DIRECTLY FOR -- FROM THE AUDIENCE.... |
| 00:36:41 |
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WII HAS BEEN ENGAGED IN DISCUSSIONS WITH ANYONE WHO WILL LISTEN TO WES BOTH ON THE HILL AS WELL AS... |
| 00:39:26 |
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IS ALL ABOUT KEEPING IT SIMPLE, TRANSPARENT. I THINK PEOPLE MAKE GOOD CHOICES WHEN THEY UNDERSTAND... |
| 00:39:37 |
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WHEN OIL PRICES GO UP, IT SEEMS THAT IT IS RECOGNIZED PRETTY QUICKLY. WHEN OIL PRICES GO DOWN, THERE... |
| 00:39:56 |
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THAT IS THE MARKET. ALL THE GASOLINE PRICES YOU SEE ARE BY AND LARGE OF FUNCTION OF A COMPETITIVE... |
| 00:41:32 |
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OK. WE HAVE HAD A DEBATE IN OUR COUNTRY ABOUT THE NEED TO REDUCE FOREIGN OIL. THE GREAT OIL SHOCK... |
| 00:41:55 |
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IT HAS ALWAYS BEEN A PERPLEXING QUESTION TO ME, BECAUSE MY AUTOMOBILE DOES NOT KNOW WHERE THE BARREL... |
| 00:42:30 |
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ARE YOU ASKING ME? [LAUGHTER] [APPLAUSE] IF I CAN GET 20% INTEREST ON IT, IS OK. [LAUGHTER] |
| 00:42:45 |
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I THINK THE REAL DEBATE AND ISSUE OUGHT TO BE, HOW DOES THAT MANIFEST ITSELF IN ENERGY SECURITY? ... |
| 00:44:28 |
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I DO NOT KNOW IF YOU HAD AN OPPORTUNITY TO TALK TO FORMER GOV. PALIN ABOUT ENERGY, BUT DO YOU SEE... |
| 00:44:50 |
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I DO NOT KNOW IF THERE WILL EVER BE OIL PRODUCED IF THEY LET US DRILL TOMORROW, BECAUSE I DO NOT KNOW... |
| 00:47:55 |
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LET ME ASK YOU, FOR OUR GUESTS WHO MIGHT HAVE EXTRA MONEY TO INVEST IN THE STOCK MARKET OR ELSEWHERE,... |
| 00:48:12 |
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I WOULD SAY JUST RUN AN OIL COMPANY. [LAUGHTER] |
| 00:48:18 |
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GO AHEAD. BEFORE YOU CEO, THE EXXON VALDEZ -- BEFORE YOU BECAME CEO, THE EXXON VALDEZ BECAME A PROBLEM.... |
| 00:48:40 |
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THE EXXON VALDEZ WAS A NATIONAL MISTAKE TRAGEDY, BUT IT WAS ALSO AN EXTRAORDINARILY EMOTIONAL EVENT... |
| 00:50:50 |
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ANOTHER QUESTION IS -- BE FOREIGN CORRUPT PRACTICES ACT -- WHEN YOU ARE COMPETING AROUND WORLD, IS... |
| 00:51:07 |
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LET ME THINK ABOUT HOW TO ANSWER THIS QUESTION EXACTLY. [LAUGHTER] IT IS IRRELEVANT BECAUSE IT IS ... |
| 00:52:42 |
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THERE ARE SOME MICROPHONES FLOATING AROUND. ANYONE HAVE ANY QUESTIONS? ANYBODY? THERE MUST BE SOME... |
| 00:52:49 |
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THE ONE IN THE BACK? |
| 00:52:51 |
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SORRY. IN THE BACK? |
| 00:52:53 |
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SOMEONE IS WAITING IN THE BACK. |
| 00:53:03 |
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HELLO, AND I AM DAN WHITMAN WITH BLOOMBERG NEWS. I WONDER IF THEY WILL LET US IN HERE. [LAUGHTER]... |
| 00:53:13 |
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DID THEY LET YOU IN? [LAUGHTER] |
| 00:53:17 |
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YOU DO NOT HAVE TO WORRY ABOUT IT. |
| 00:53:20 |
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I JUST WANT TO MAKE SURE THEY ARE NOT GOING EASY ON YOU. |
| 00:53:24 |
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SOME SENATORS CAME OUT WITH THEIR BILL YESTERDAY. THE EPA JUST CAME OUT WITH THEIR RULES. I WONDER... |
| 00:53:40 |
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I WILL BE HONEST WITH YOU. I HAVE NOT HAD A CHANCE TO READ IN DETAIL THE CARRY BOXER BILL. FOLLOW... |
| 00:55:44 |
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WE HAVE NOT BUILT A REFINERY IN DECADES. THE THING THAT IS POSSIBLE OR IS IT NOT WORTH PURSUING ANY... |
| 00:58:45 |
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WHEN YOU ARE DRIVING ALONG IN TO STOP ANY GASOLINE AND YOU STOP AT AN EXXON STATION, DO YOU EVER TELL... |
| 00:58:56 |
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I DO NOT WANT TO GIVE THEM A HEART ATTACK. WHAT I HAVE LEARNED IS AS SOON AS I WALKED IN, AND OCCASIONALLY... |
| 00:59:18 |
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ONE MORE QUESTION. [UNINTELLIGIBLE] |
| 00:59:29 |
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OPEC TODAY, AS YOU KNOW, THEY HAVE HAD A CURTAILMENT IN PLACE FOR ABOUT A YEAR AND A HALF. THE COMPLIANCE... |
| 01:01:34 |
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OK. THANK YOU, REX. APPRECIATE IT VERY MUCH. [APPLAUSE] THANK YOU VERY MUCH. APPRECIATE IT. VERY... |
NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.