U.S. Oil and Gas Association President Tim Stewart discusses soaring energy prices.
TIM STEWART: Well, high high is too high for us to afford it, Neil, and that's a problem which we have. We're in the greatest, probably the most challenging energy crisis we've been in in 50 years. As you said, diesel and gasoline prices are at all-time highs and inventories at all-time lows. And what did the administration do this week? What was their major energy announcement? It was to pull millions of acres of federal leases off the table and potentially trap billions of barrels into the ground. It's really frustrating. I mean, this administration has no strategy to help us get out of it. And frankly, all the actions that they take are counterproductive to those of us who are trying to solve this problem.