I've not had a chance to watch the television programs, except that my staff puts together an 18- or 20-minute recap on some of the highlights. And I… - Jimmy Carter

Okay, I'd be glad to. I have a permanent call-in to the Secret Service at 6 o'clock. If I don't call them the night before, they always wake me up at 6:00. On Monday mornings, I have to get up at 5:00, because in addition to my regular work, I have a 2-hour Cabinet meeting and I need to prepare myself for the Cabinet meeting. I also have my weekly senior staff meeting Monday morning immediately before the Cabinet meeting. I would say about three mornings a week I get up at 5: 00 or 5: 30. I've always done that. It's not a handicap for me; it's not a sacrifice or an extraordinary thing for me to do. I prefer to work early in the morning rather than staying up late. Most nights I go to bed by 11 o'clock, and so does my wife. And I always set aside some time to go home in the afternoon, 5:30 or 6 o'clock, to be with my daughter and to listen to her play the violin and to brag on her and to go over some of her school studies.

There are a few things that I want to mention to you. You've been very gracious and very generous to come out here today to meet with me. As we approach the last few days of the campaign there are some memories that ought to be impressed on our minds. I grew up not far from the Florida line on a farm. I was born in 1924. When the Great Depression came, I was a young, impressionable man, a boy. I remember what Franklin Roosevelt and the Democratic Party did to change my life and the life of my family. We didn't have running water in our house. We didn't have electricity. The Democrats thought that REA would be good for farmers; the Republicans were against it. They called it socialism for the Federal Government to help build dams and generate electricity for farmers. There were a lot of sweatshops in our country, and young people about Amy's age, 13 years old and younger, boys and girls, were working under uncontrollable and embarrassing conditions. Working families didn't have a right to earn a decent living to finance their homes. And the Democrats proposed a minimum wage, 25 cents an hour; the Republicans opposed it. The Democrats finally prevailed and gave working people of this Nation a better life. I graduated from high school in 1941, my first job at a minimum wage, 40 cents by then. That increase from 25 to 40 cents was a great thing in our lives. Democrats sponsored it; Republicans, they were against it. Democrats saw that older people were living in poor folks homes, we called them, without any self-dignity, without any security, having slaved away all their lives to make this a better country. So, the Democrats said, "We need something to give that security to older people," and put forward the idea of social security; Republicans were against it. Social security passed. Later, I won't go into all the details, but Democrats, again, put forward Medicare to give older people a chance to have a better health care after their retirement age. My opponent, Governor Reagan, got his start in politics working for the American Medical Association, traveling around this country speaking against Medicare.

There are some myths that are exploited on your television set several times a day, sometimes several times an hour. The first myth is that the oil and gas industry is controlled by free market forces. All of us believe in the free enterprise system, but there is no free enterprise system in the oil and gas market. The prices are not established by competition. The prices are established arbitrarily when the OPEC nation leaders meet in secret and say, next year this is what we will charge for oil. And, as you well know, immediately that oil price prevails in new oil discoveries in our country. We have a need, at least for our Government, to play a stronger role, as is played in other countries. But we ought to get away from the proposition or the thought that free market forces control oil or natural gas prices. Another myth is that there's an inherent conflict between conservation and production. This is not true. We are making good progress in exploration for oil. There's about an 8-month waiting period right now for new oil drilling rigs. If we triple the price of oil and natural gas, there could be no substantial increase in the rate of exploration. It would be just an enormous windfall of profits. The cheapest oil is what we save, and the cheapest natural gas is what we save. Quite often it costs nothing to save the equivalent of one barrel of oil per day. When we add expensive conservation measures, it costs maybe from zero to $3,500 to provide the saving of one barrel of oil per day. The oil that we are now going to bring down from Alaska costs about $20,000 in capital investment for one barrel of oil per day, used at its final place to heat a home. For the production of electricity, the capital investment required is much greater, maybe $50,000 to $100,000 for the equivalent of one barrel of oil used in your home in electricity. For nuclear powerplants, the investment is $200,000 to $300,000 per barrel of oil per day, when it's actually delivered to your home for use. So, to conserve a barrel of oil is much better than producing that barrel of oil in investment alone. And at the same time it reserves for future use these extremely scarce supplies.