Subject: File No. S7-42-10 - Comment from ONE Member

February 10, 2012

Dear SEC Commissioners,

Please do not give in to industry pressures on Section 1504 of the Dodd-Frank Act (the Cardin-Lugar Amendment) - and make sure that ALL companies are covered, every country and every project gets reported, and loopholes that would allow large sums of money to go unreported are closed.

My Comment:

I believe, people who have nothing to hide don't. We are paying for our use of oil, why should we not have the right to know what the companies pay. The only conclusion I can arrive at is that we are being taken advantage of. We are paying way too much for their profit. We have no control but we do have a say. Elissa Kattas Montreal, QC

ONE Member