HOEVEN, JOHN "Right now we have a $157 million large demonstration project partnership between Department of Energy, State of North Dakota, and private enterprise to basically develop taking CO2 from our coal-fired electric plants and using it for enhanced oil recovery. And this is a project at scale to demonstrate that we can do that. The whole point is to increase oil production from our oil fields. Right now we produce 1.1 million barrels a day, and unfortunately that's put us a little bit behind the state of New Mexico. We're also behind Texas, so we're third, but we may not be able to catch Texas, but..."

HOEVEN, JOHN "Now we find ourselves in a situation where we need to do it again. What we're seeing is that without enhanced oil recovery in the shale plays, we're starting to decline. For example, in North Dakota, we drove our production up from less than 100,000 barrels a day up to 1.5 million barrels a day. I mean, that rivals some of the OPEC countries, okay, just North Dakota. But now we're sliding back. We're down to about 1.1 million barrels a day, and we need to use enhanced oil recovery because we're only getting about 10 percent out of that shale rock, only about 10 percent of the oil that's in..."

HOEVEN, JOHN "Thank you, Mr. Chairman. Assistant Secretary of House Flight, in 2000, North Dakota produced about 100,000 barrels of oil a day, and it was going down. We went to work, we cracked the code on the shale play, we drove it up to 1.5 million barrels a day, and now we're back down, now it's starting to decline down. We went to work, we cracked the code on the shale play, we drove it up to 1.5 million barrels a day, and now we're back down, now it's starting to decline down. We're at about 1.1 million barrels of oil a"

SPEAKER_19 "I'm going to move on. Mr. Secretary, let's look at the structural reality of the current conflict in Iran. And I'm really disappointed with your answer, because that is not true. And I depend on you for facts. And you are a factual person. You have to define the question. It's my time. The war in Iran has achieved two devastating own goals against American interests. Number one, it's weaponized global energy prices against American citizens, driving up inflation to 4.2% as of this morning and costing Americans somewhere between $50 billion and $150 billion. But second, equally important, it's..."

HOEVEN, JOHN "We believe, I believe, that this project will double the life of our coal-fired electric industry, double the life, and probably more than double the amount of oil and gas we produce. So far we've produced about 6 billion barrels of oil, you know very well, having been governor there. And we're generating about 1.1 million barrels a day, but that number's going down. So the whole point here is that we need to use enhanced oil recovery to start increasing that number from 1.1 million barrels a day back towards the 1.5 million we were producing, So the whole point here is that we need to use..."

BOOZMAN, JOHN "Rollins and her husband, Mark, call Fort Worth Texas home and spend the majority of their piano lessons and Aggie football games. We appreciate you being here. I think the only thing they left out were your former barrel racing days, which we can be proud of. So again, thank you for being here and we look forward to your opening statement. No, thank you very much for being here"

HOEVEN, JOHN "Other than, again, I want to put on the record that you've been very helpful on that vital project, not just for the state but for the country, up to 800,000 barrels a day of the best light, sweet crude that we produce out of North Dakota for the rest of the country. Any updates, thoughts, comments on"

THE HONORABLE MICHAEL KOZAK "or supplies going in to help people in Cuba, but what we were seeing before, Venezuela was sending them like 70,000 barrels a day of oil essentially for free, and the Cubans instead of using it to run generators were selling like 60% of that on the open market to get hard currency that then goes into their overseas bank accounts"