We couldn't as a group come to an agreement about how the money would be spent, and that resulted in the legislature setting the money aside.
More Quotes from John Sheehan:
The bill that the president had introduced to the House and Senate just recently is much better than a lot of people are giving it credit for being, ... and I think if it were applied nationally, we would see most of the country with much, much cleaner air right away.John Sheehan
They've waited 30 years to address this problem.
John Sheehan
We believed that it was a prudent measure for us to follow, make sure we had the cash readily available to us to finance our operations should it be needed.
John Sheehan
We are encouraged that they're continuing with the discount program, but we'll just have to wait to see whether that translates into increased production.
John Sheehan
Whether we're alone in this or not, we see a good chance of success, ... We think it will be difficult for the APA to justify its decision based on the hearing record.
John Sheehan
Although these discussions are continuing, the outcome is uncertain and may have a significant impact on the company's December 31, 2005 financial statements, including the assumptions used in estimating the amount of previously announced impairment charges recorded by the company in the fourth quarter of 2005.
John Sheehan
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