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Bills this last year that luckily didn't go through the senate. but the bills that they passed actually reduced the amount of environmental review for new offshore leases, and they cloaked it in a mantle of jobs, new jobs. by eliminating the environmental review time for the new leases. >> in terms of what the oil companies have to offer, obviously, the regulatory process is supposed to be an adversary yal process, you expect that the companies will pursue whatever is best for their bottom line and then they are constrained by the governmentç telling them it wot be best for your bottom line ...

President can do about that. >> a year ago 70% of leased offshore leases were not used by the oil companies. 60% of onshore were not used. they have the right to drill, they are just not drilling. when you have permitting -- it takes a while. megyn: it takes 10 years. the point is if george bush was so good upon gas prices then why are they not drilling? the bottom line is they have the right to drill and they are not drilling. the oil companies are speculating on this issue. bill o'reilly has been beating the drum on this. >> steven chu our energy secretary. 2008 he said we'll get our gas pri...

I don't mean just the attorney's fees, the judge's salaries, courtroom the whole bit. we subsidize people by fees that are artificially low. i consider that part of big government. final you have oil leases. if we examine end today the number of over shore lease -- if we extended the number of offshore leases it would help balance the budget. when clinton and gingrich worked out their deal, sale of spectrum, radio and cell phones back then was an important part of that revenue. you can shrink government and increase revenues at the same time. >> sean: you are bringing up creative, out of the b...

That number instead of today? on the day he was sworn in we imported 11 million-barrels a day. because of the recession it's now 9.7. so we are a third of the way of his goal as of today without him having lifted a finger. a small point but it's indicative how democrats are congenitally addicted to the manipulation of numbers even when it's not important. he could have started with today, but he had to go to on the day i was sworn in. >> kirsten, one of the big issues and charles referred to it, the question of the active development of our offshore oil resources. the industry says that in eff...

That number instead of today? on the day he was sworn in we imported 11 million-barrels a day. because of the recession it's now 9.7. so we are a third of the way of his goal as of today without him having lifted a finger. a small point but it's indicative how democrats are congenitally addicted to the manipulation of numbers even when it's not important. he could have started with today, but he had to go to on the day i was sworn in. >> kirsten, one of the big issues and charles referred to it, the question of the active development of our offshore oil resources. the industry says that in eff...