The state of the spot market in oil had little to do with it. This is a long-range view of what company will succeed in the time beyond the next century,

Our concern is that the budget terminates funding research into oil and gas. That's a mistake. There are important benefits to derive from it.

I don't want to go to sea, ... We'd have to find a course to steer through those oil rigs - some of them were damaged in Katrina and haven't been repaired and still don't have any lights. I don't want to be out there playing around with those rigs.

We've insulated ourselves from higher oil prices, but we're not immune to them.

The increase in oil prices as trading started this morning took away all the incentive to buy stocks. With oil going up again and a Fed meeting tomorrow, investors are being very cautious. Demand today has dried up.

Gas comes from Salt Lake refineries in North Salt Lake. Most oil companies have their own trucks to transport it.