The Permian Oil Basin

We will make rational decisions. And we do not think it's un-American to be producing oil. There is no oil basin in the United States that compares to the Permian in terms of promise. The second or third stock I bought was Texas Pacific Land Trust, and they owned three million acres down there. They were grazing revenues of 10,000 a year or something like that. We didn't know it was there until... Yes. Not that many years ago.