CSPAN2 Capital News Today March 19, 2011
to us because this isn't going away. >> by understand. deval law that they put in effect certain production levels would go royalty free and thatw is the only thing the law said.w it didn't provide other mechanisms for -- >> [inaudible] >> the law does not allow -- >> it sounds like the legislation would have to be changed. >> so it's the conagra's fall. they put it in with the impression this was low-priced oil now when it goes of higher we will collect royalties but we want to keep the industry going because the price of oil was 20 or $30 a barrel and now that it's over $100 a bar...
Source: archive.org