. >> woodruff: sarah banaszak, is off-shore drilling pretty clear now that it's more hazardous than anybody realized before? >> well, at this point we don't know what happened in that incident off shore. that's what's going to be critical to find out. what the industry has focused on doing over the years is using advanced technologies and multiple safety systems in order to prevent accidents. so it's a constant process of using the latest information and the latest technology to incorporate that into developing technologies that can deliver the oil that we're consuming in our economy today. that's the way the industry has approached the problem. >> woodruff: are you saying that whatever happens can be anticipated because it doesn't look like it in this instance. >> in this instance it was not anticipated. that is correct. >> woodruff: and yet there have been some pretty terrible accidents around the world, haven't there, with drilling off shore? >> for instance, there was one in indonesia where the standards and regulations in that environment are not the same standards and regulations that