Who runs Bartertown!
Posted on 04/30/2006 7:07:09 PM PDT by WestVirginiaRebel
A typical hog on an Illinois farm is several HUNDRED pounds. Have you ever seen these animals up close? The mama sows are bigger than my teenage children!
No - I grew up as a city boy. I remember the first time I saw a cow up close. I had no idea how big they are! It was like something out of a 1950s sci-fi movie. Eyeballs the size of tennis balls - a mouth that could chomp off my head in one bite!
I don't think I want to see a pig up close.
"If it is outside our limits I don't see how the US could stop them. Couldn't they drill and then sell it to companies in the US as an independent entity? Yes, no?"
The problem I see is that the U.S. claims economic soverignty within (I believe) 200 miles of the coast. Two hundred miles out to sea is quite a distance.
Cuba is an exception since Cuba itself is within about 90 miles of the U.S. coast of Florida. The line for sovereignty purposes is roughly 1/2 the distance. Hence, Cuba's ability to sell the rights to drill up to 45 miles from our coast.
So to answer your question, drilling more than 200 miles from the U.S. coast is probably legally feasible, but I doubt it's economically feasible.
There is a significant amount of readily accessible oil out there in places like ANWR and southern Italy where you don't really have to go offshore at all, but where the oil can't be drilled due to politics.
Who runs Bartertown!
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