448 



areas where you have fewer natural resources or fisheries of that 

 consequence, perhaps you are willing to make different resource 

 decisions in terms of pursuing oil and gas. But on Georges Bank it 

 deserves the highest possible protection. That means, even if the 

 field is insignificant but developed, it should be developed with the 

 most expensive and most reliable protection. 



For instance, one of the things that has been told us on Georges 

 is that they would not use tankers to move the oil — they would not 

 use pipelines, they would use tankers, because the field was too 

 small to justify the expense of pipelines. 



We would argue that because of the fishery, they should be re- 

 quired to use pipelines, regardless of the size of the field. And if the 

 field is too small to justify the construction of a pipeline it is too 

 small to develop. And the same is true for barging the drilling 

 fluids. Drilling fluids were not barged off Georges Bank because it 

 was believed to be too expensive to do so. It should not be too ex- 

 pensive. If it is too expensive, they should not be drilling there. 



Let me close my comments with that. I thank you all for the op- 

 portunity to testify. I will look forward to any questions. 



Mr. D' Amours. There will be questions, Mr. Foy. 



[Statement of Mr. Foy follows:] 



