Posted on 06/29/2008 7:53:56 AM PDT by shove_it
That sentence proves you don't know what you are talking about.
Then you can support your claim of only 25% surveyed?
They answer to the stock holders. It's not like the 'oil company' has an unlimited amount of money they get to throw around to please some enviro nut who doesn't like the way they do oil exploration.
I think I’ll stop replying now. I really didn’t expect so many to be insulted and/or offended. I’ve worked for Three different Oil Companies (Shell, Equiva (same company as Shell, really) and Irving) and one LNG Supplier (Sempra Energy) over the past 20 years. I have seen this all before, on a smaller scale, but I DO know what’s going on.
If you want to hide your heads in the sand, then so be it - it’s obviously just a suplly and demand issue - just like the Oil Companies and the M$M and the WH have been saying all along. Sorry to disagree.
Have a nice day.
An excellent point.
The development of new energy sources should be the engine that drives the economy to recovery over the next few years. We need something to replace the Stock Market, Internet and Housing booms and energy would seem to be the logical choice.
What is needed is for the Government, federal, state and local, to get out of the way and allow the natural release of all of that capital that is currently sitting on the sidelines to pursue solutions to the energy crisis. You have to go for oil to keep the economy going and to provide the income necessary to pursue the alternatives. Given enough capital, time, freedom and profit motivation the energy problem can be solved.
We only need to increase the energy supply for the United States by a couple percent a year to stay ahead of the curve. It is well past time for our government at all levels to help rather than hinder this effort.
Planting crops, won't feed us now.
Repairing the roof on a sunny day will not help you now.
Paying to go to Harvard will not help you now.
Buying the groceries for tomorrows dinner will not help you now.
As soon as the world sees that America is working to achieve energy independence, the prices will start to fall.
Morons.
Thanks for posting that.
They don't lease oil fields, and then fail to drill. They lease land to test for oil, and then return the lease when oil is not found.
Thank you so much for the explanation. I was wondering what the Liberals were going on about.
Can you provide a cite to back that up? The best I could come up with is this excerpt from:
http://www.gomr.mms.gov/homepg/offshore/egom/egomfax.html
"In 1990, President George H. Bush signed an Executive Order canceling Sale 116, Part II, and excluding the area south of 26° N. latitude and east of 86° W. longitude from leasing consideration until after the year 2000. In October 1995, 73 oil and gas leases located south of 26° N. latitude were relinquished back to the Federal Government as part of a litigation settlement.
Consequently, no active Federal natural gas and oil leases exist off southwest Florida. Likewise, no active leases exist in the Straits of Florida Planning Area or off Florida’s east coast (South Atlantic Planning Area)."
Thanks. I'd like to smack down those "68 mil acres" rat talking points.
“Idle” lease claims based on lack of understanding: Cavaney
http://www.freerepublic.com/focus/f-news/2035201/posts
Access critical to addressing U.S. energy challenges: Cavaney
http://www.freerepublic.com/focus/f-news/2037301/posts
Thanks for posting this info.
milky~
See post #70.
Good catch. Thanks.
To anyone who believes the “won’t help now” garbage...
Why, then, do you have health insurance? Auto insurance? A savings account?
Heck, why do you even have more than one set of clothes?
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