electr electrification is great. we've had some pretty spectacular breaktl dbreakthrou that was announced yesterday, that at least looks like it will decrease these barriers maybe twofold. continuing again to diversify the transportation fuel. so these are the things we're doing, and we're very focused on that because we understand the economic impacts it has on all americans and our economy. >> but is the overall goal to get our price? >> no, the overall goal is to decrease our dependency on oil, to build and strengthen our economy and to decrease our dependency on oil. for the first time in the last eight years through a lot of policy, this previous administration, you know, our oil production has increased for the first time. it's at the highest level in eight years. it's the import. the fracture level is at it highest in 18 years. we think if you include all these policies, including air efficiency, we think we can go a long way to becoming less dependent on oil and diversifying our supply and it will help the am

revenue, and by converting from diesel to electric, we would be able to save money on the fuel required to run the system. the project includes not only the electrification conversion, but also to increase service. today, we operate five trains per direction in the peak hour, and part of this electrification project is to increase that from 5 to 6. our original vision was to have our system up and running by 2015. we have been struggling for years to find the funding for this project. the total project, which includes electrification and the vehicle conversion, is approximately $1.2 billion. we have some of it in place -- a couple of hundreds of millions -- but we are short the rest of the money, and that had been stalling the advancement of our program. this is a nice segue into the next project -- to the next slide. as we were struggling with this funding situation, the high- speed rail program was approved by the voters, and high-speed rail also selected our corridor as the right of way to access to san francisco market and its terminus. the opportunity for partnerships had to do with the fact that high-speed rail needed an electrified system and calt