mr. hume is vice chairman of strategic growth initiatives for continental resources, a very large producer in north dakota. mr. klesse is a chairman and ceo of valero. mr. gilligan is president of the petroleum marketers association. mr. plaushin, director of federal relations for aaa. mr. energy administration at department of energy and mr. kahn is director of integrated oil and gas research at citigroup. i want to again thank my colleagues and recognize senator murkowski. >> that, mr. chairman. i was home in the state over the 4th of july recess and had the opportunity to spend a little bit of time on the rim river. i was looking out, talking to individuals at their fish camps what is happening with fishing, the price of fuel and what that means to them in their villages and it was just after the spring barge had come and delivered fuel. if you live on there you get two fuel delivery as year. you get one in the spring, which is june and you get one in september, provided that you can get up

mr. hume will be here. caution, you are about to enter the no spin zone. the factor begins right now. ♪ ♪ >> bill: hi, i'm bill o'reilly. thanks for watching us tonight. the era of bad feelings. that is the subject of this evening's talking points memo. all over the country, americans are attacking other americans over political issues. on sunday, june 30th in seattle, two christian activists showed up at a gay pride rally holding signs saying repent or else and jesus saves from sin. the two men were attacked. >> that's a big [bleep] if i were you i would [bleep] [shouting] >> [screaming] seattle police have arrested two men, the fat guy who was slugging him and i think that's the guy, well, i shouldn't say, this one of the men arrested has nine felonies, nine on his rap sheet. now, obviously this is very disturbing, yes, the christians were looking to be provocative, but, that's no excuse for violence. if gays really want to be proud, they will overlook criticism like that. on another political issue, tensions are also rising. immigration reform has divid

sieminski and mr. hume, on the dramatic growth of oil production over the past several years.can you tell me how this increase of onshore production relatedg from shale and type geological formations? >> senator, we think that virtually all the growth is coming from light sweet crude oil production that is being produced with shale formations. >> and i think mr. hume would agree. you spoke of the renaissance in .il you can take -- can you tell us whether hydraulic fracturing and words on told drilling are the tools that you use to fracture these geological formations to get the hydrocarbons out? >> yes, senator franken. the greatest thing that has made the change is horizontal drilling. we have been fractured, treating wells, since before i was born. i grew up in oklahoma, and they were driving the trucks from my home when i was very young. hydraulic fracturing is not new, but horizontal drilling is. it has allowed us to economically access low permeable rocks. it started with the shell with gas. carbonates and sandstones where we are finding this light oil. we have very regre