I'm going to split my time with my colleague, Scott Andrews, who has a few questions.
As a start, Mr. Cadigan, every time we talk about offshore drilling, we're of course thinking about BP. Yes, we can talk about energy security and energy demands and all that, but what's your perception of the actual status regarding emergency response? You can have a lot of collateral damage, especially with deep drilling; how do you work with other stakeholders to make sure you cover those questions at the same time?
Also, tell me what you think about the regulatory system. Are you satisfied with it?