[MTAtech]

My advocacy of an oil authority that pumps oil from federal lands is based on the fact that the land belongs to the American people and they should benefit from selling their oil, not the oil company stockholders. In the past, oil companies have cheated the government out of royalties and although they're pulling it from government lands, they still sell it at market price.

Other federal authorities already have proven that they can manage energy. THE TVA provides electircity to millions. The Long Island Power Authority had to takeover the private Long Island Lighting Company when LILCO mismanaged the company.