as dr. birol notes in his prepared statement, the united states has become the undisputed global oil and gas leader. now, during my time here on the committee as ranking member and as chair, we have gone from discussing the needs to site lng import terminals along the coast to now expediting them. we gone from le meanting our reliance on foreign oil and the steep price to the united states being the world's spring producer and air abundant energy. leading the way and the administration, working hard to reduce barriers. allowing for increases expiration and production in the united states as we did at the end of last year with the opening of alaska channel two area, allowing us to to have influence in the world market. and we know that the markets could rise substantially in the future if we don't take active steps for investment and supply. last march warning the global oil supply can lag after 2020 if new investments are not made in the near term. that's a warning for all of us. i know the iea ha