About 75 percent of the crude oil marketed here is sold off the books, and they are doing trades that would be illegal if it was a regulated market, and of course they do not want to regulate it.

To the contrary, I believe the U.S. military has already done all that has been asked of them. Saddam Hussein is on trial. The threat from alleged weapons of mass destruction programs in Iraq has been neutralized.

In crude oil trading, we have seen a 46 percent increase over 1 year in the margins there.

Essentially, when we run a deficit, we are borrowing money to buy things that are made overseas.

The U.S. cannot impose freedom, security, and unity in Iraq by force.

The training and equipping of Iraqi security forces should be accelerated.

There is no free market in oil.