(Music.)00:01 OPERATOR: You’re listening to “Energy Conversations with API,” brought toyou by the people of America’s oil and natural gas industry.(Music.)00:13 JANE VAN RYAN: We’re going to open up the blogger conference call with acouple of opening statements. The speakers today are Rayola Dougher and Cindy Schild. Youshould have received that information when you received the invitation to the blogger call. Andwithout further ado, why don’t we get started? Cindy, would you like to begin?00:31 CINDY SCHILD: Sure. Good morning, everyone. I’ll have a few openingcomments and then Rayola Dougher, API’s senior economic advisor, will offer her perspectivebefore we go to questions. Also on the phone with us this morning is Dan Gunderson, ourrepresentative in the field, who is available to answer your questions as well.The United States Department of State is reviewing a permit application for theconstruction of theKeystone XL Pipeline Project, designed to bring Canadian oil to Americanrefineries. This is an extremely important project that, if approved, will bring crude oil from ourfriendly, reliable northern next-door neighbor to refineries along the Gulf Coast, replacingmillions of barrels of oil now imported from elsewhere.Oil sands development in Canada is leading to the creation of more than 342,000 newAmerican jobs, has the potential to add 34 billion (dollars) to gross domestic product by 2015,according to theCanadian Energy Research Institute. With the State Department decision onthis pivotal pipeline now not expected until mid to later this year, the estimated 13,000 new jobsand $20 billion dollars in spending to the U.S. economy from this project alone stand on hold.01: 54 Positive action on the permit could not come at a more important time for ournation. Not only is this a chance for the White House to strengthen U.S. energy security andhelp plan for the nation’s energy future, but it’s also an opportunity to take a specific, public anddramatic action in support of creating new U.S. jobs.As the time approaches for the State Department to make its decision, you will no doubthear a lot of arguments, pro and con, regarding this issue. There is too much misinformationbeing disseminated by those who, for whatever reason, insist that all use of oil by Americans haltimmediately.We believe it is important that Americans know the facts regarding the construction of this pipeline and the flow of millions of barrels of oil from Canada, what it will mean to theUnited States and our citizens.That is all that I have. And now Rayola will highlight some of these facts for us.