Companies Begin Quest for Oil, Gas Off Florida

newsmax.com ^ | July 5, 2008 | staff

[wtc911]

Yes, even from a fourth floor window.

[Ditter]

What a great trick! Never would have thought of using balloons that way. We fished for marlin, quite successfully, in the Gulf of Mexico for years. We kept our boat at a marina in Freeport Texas and it was about 100 miles to marlin water. That long trip got old but it was fun while it lasted. I have only caught one marlin myself, a 350 pounder but my husband and guest have caught quite a few. A friend hooked a 500+ pound marlin in the tail and fought him for 8 hours before boating him. My job was to keep the man cooled down with ice water and cold towels. I thought we were going to lose the fisherman.

[Ben Ficklin]

It is possible but Gulf state dems supported it because of the royalties their state receives and western democrats supported it because they thought that opening that area to drilling would decrease the need to drill on federal lands in their western state.

Plus, that last remaining area is in the central gulf, not the eastern gulf.

Plus, the moratorium in the Gulf always contained the "except Area 181" clause.

Similarly, the Alaska moratorium contains the "except Bristol Bay" clause. If you google Bristol Bay, you will see that the EIS is being drafted and DOI is accepting public comments. Bush will probably auction leases there before he leaves office. That's when the battle starts.

[Toddsterpatriot]

At 45 feet of elevation the VH is 6.7 miles.

The square root of 67.5 is 8.21.

[wtc911]

Thank you but I was using 1.5 x 30 feet.

[Toddsterpatriot]

1.5 x 30 feet is 30 feet of elevation, not 45 feet.

[Tunehead54]

We're already on board - you need the dims too!

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Drill here! Drill Now! Pay less!

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Dims only care when it comes out of THEIR pockets! ;-)

[Tunehead54]

A company can have as much as $4 billion invested and a wait of up to five years before seeing any return on the investment, Strive said.

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So if we take away all the oil company's profits they'll still want to risk these sums out of the goodness of their hearts ... right? ;-(