Congress did a good thing back in 1995 in passing the Deep Water Royalty Relief Act. That act did a simple thing. It provided automatic royalty relief for new leases for 5 years in the deep waters of the Gulf of Mexico.
To-night I am going to take a party to the headquarters of the fire department, where I have a cinch on the captain, a very nice fellow, who is unusually grateful for something I wrote about him and his men. They are going to do the Still Alarm act for me.