knows bullshit when he sees it.

"The federal government will enter into contracts with Exxon Mobil. The contracts will specify that oil produced in U.S. tracts be refined in U.S. refineries."

Furthermore, the U.S Treasury will receive a royalty for 25% of the market value of the oil produced.

The drilling, transportation, refining, marketing will produce hundreds of thousands of new, good paying, American jobs.