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Finance committee The U.S. is the biggest right now, but I would say that OPEC is the dominant producer for sure.
October 28th, 2014Committee meeting
Scott Clark
Finance committee Twenty.
October 28th, 2014Committee meeting
Scott Clark
Finance committee Is that bad or good?
October 28th, 2014Committee meeting
Scott Clark
Finance committee Well, because of the U.S. now becoming dominant, and that's Shell oil.
October 28th, 2014Committee meeting
Scott Clark
Finance committee I don't have a specific number, but yes.
October 28th, 2014Committee meeting
Scott Clark
Finance committee They're for 2010.
October 28th, 2014Committee meeting
Scott Clark
Finance committee Yes.
October 28th, 2014Committee meeting
Scott Clark
Finance committee I can't really determine to what extent they might change, but I would suspect that in the Department of Finance, just as a matter of course, they would be looking at these kinds of calculations because they're important for their analysis.
October 28th, 2014Committee meeting
Scott Clark
Finance committee Well, I think they could be put in budget documents. There's quite a bit of good analysis and data in these budget documents. I think economists and people like you would find it useful, and it wouldn't be very difficult to do that.
October 28th, 2014Committee meeting
Scott Clark
Finance committee I don't think economists have all the answers either.
October 28th, 2014Committee meeting
Scott Clark
Finance committee I'm an economist and I don't predict political events in the Middle East.
October 28th, 2014Committee meeting
Scott Clark
Finance committee In my mind, yes, I do.
October 28th, 2014Committee meeting
Scott Clark
Finance committee No. I think there's a broader public good decision here, a public policy decision about taxation and the role of government and the nature of government and how governments operate in society.
October 28th, 2014Committee meeting
Scott Clark
Finance committee That's what the chairman essentially intends to do. I think once that ends, the question becomes, how long will it be before they raise interest rates?
October 28th, 2014Committee meeting
Scott Clark
Finance committee Yes.
October 28th, 2014Committee meeting
Scott Clark