Detailed text transcripts for TV channel - MSNBC - 20110403:18:39:00
We've heard so much about drilling in alaska. california and north dakota. the president talked about expanding or existing oil companies using the existing leases that they have. can we get more production going with what's already been allotted for? >> well, i think so. you have to keep in mind it takes a long time. you get a lease in gulf of mexico it's seven to ten years before you get production. you've first got to establish the supplies there. but one of the states that's up there is -- north dakota is a boom area for oil in the united states. people don't think about that. that's where...
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