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To: RightWhale
Yes! Let's also keep in mind the number of wells in the US that went dormant due to excessive costs related to federal regs. In the Permain Basin there are wells that are not being exploited due to the prohibitive costs associated with exploration and exploitation. Petroleum exploration has become capital intensive over the years due, in large part, to federal actions.
20 posted on 03/31/2004 11:56:28 AM PST by Army Air Corps (Communism failed because people like to own stuff)
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To: Army Air Corps
There was a big name investor in the Gas Pipeline project. If he withdrew, it's a safe bet that the investment doesn't look like a good idea right now whatever state officials, mayors, and Sen Murkowski say. Later, if there is a later.
27 posted on 03/31/2004 12:01:53 PM PST by RightWhale (Theorems link concepts; proofs establish links)
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To: Army Air Corps
One would think that Congress would lift the Federal regulations that deny domestic drilling, especially during a war with the very same people that we buy oil.
38 posted on 03/31/2004 12:11:15 PM PST by tractorman
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To: Army Air Corps
Let's also keep in mind the number of wells in the US that went dormant due to excessive costs related to federal regs

Nobody really wants to hear this, it sounds too much like the truth /sarcasm
53 posted on 03/31/2004 12:23:14 PM PST by Iron Matron (Civil Disobedience? It's not just for liberals anymore!)
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