How desperately do we need a national energy policy?
What were the lessons learned and what has been applied? The lesson is that research and development is not something you turn on and off every few years. What about consumers? They want to consume the energy but they don't want the infrastructure. People want the benefits of energy without understanding the investment that has to go with it. That's changed. Energy infrastructure is also a controversial problem. The great lesson from the hurricanes of two Film Blowing Machine Screw years ago was the importance of the resiliency of our energy structure. What are the major integrated oil companies doing in that regard? BP is in a half billion-dollar partnership with the University of California to work on bio-fuels. This is part of the genius of America - innovation, doing things smarter in terms of what we build, what we live in, what we drive. You have to recognize we live in the real world and then address energy supply and innovation. The other thing you hav