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The Five: Places to Drill
townhall.com ^ | June, 12, 2008 | staff

Posted on 06/12/2008 11:51:41 AM PDT by kellynla

Where we can get oil and natural gas now


TOPICS: Business/Economy; Culture/Society; Editorial; Government
KEYWORDS: drilling; energy; oil
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1 posted on 06/12/2008 11:51:42 AM PDT by kellynla
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To: thackney

ping


2 posted on 06/12/2008 11:53:31 AM PDT by kellynla (Freedom of speech makes it easier to spot the idiots! Semper Fi!)
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To: kellynla

We need to get rid of state and federal congress critters.

Vote true vets in.


3 posted on 06/12/2008 11:56:29 AM PDT by freekitty (Give me back my conservative vote.)
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To: kellynla

Nice video


4 posted on 06/12/2008 11:58:18 AM PDT by wastedyears (Like a bat outta Hell.)
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To: kellynla

In Algore’s big ‘ol butt!


5 posted on 06/12/2008 11:58:19 AM PDT by Edgar3 (Steve Spurrier for President!)
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To: kellynla

Yesterday there was a Rat congress critter on Cavuto who’s talking point was there are 800 gazillion acres of territory which can be leased and drilled. There is no need for ANWAR or the off shore areas. He did not state the name or the location. He just said over and over and over it was there.

The same point was made later on Brit’s show. It was the Rat defense of the day.

Question....where is this great reserve not being drilled?

Is it the Alaska National Petroleum Reserve? It exists and is very immense, perhaps 800 gazillion acres, why is there no drilling there now?


6 posted on 06/12/2008 11:59:26 AM PDT by bert (K.E. N.P. +12 . The Bitcons will elect a Democrat by default)
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To: bert

Bert, the Chinese and Cubans seem to know where it is even though the democraps don’t ... the Chicoms are drilling 60 miles off the Florida coast!


7 posted on 06/12/2008 12:09:53 PM PDT by MHGinTN (Believing they cannot be deceived, they cannot be convinced when they are deceived.)
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To: kellynla

Geologists estimate between 2 and 50 TRILLION cubic feet of recoverable natural gas are in the Marcellus Shale formation http://en.wikipedia.org/wiki/Marcellus_shale
just a few hundred miles on average from the Eastern Megalopolis.

Six thousand cubic feet of gas is equal to one barrel of oil.

Land in the eastern parts of Pennsylvania is being leased at a frantic rate. Lease bonuses have jumped from a couple hundred dollars per acre for 5 years to a couple thousand in the past six months.

Royalties if a successful well is drilled are estimated to be huge.


8 posted on 06/12/2008 12:17:55 PM PDT by finnsheep
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To: MHGinTN

No, the man was specifically citing a large area that could be drilled but wasn’t. He specifically omitted the areas off California and Florida.

He had a talking point that tantalized but did not satisfy.

Cavuto worked the man over real good and you could see the pain as he refused to answer the question and instead repeated the point verbatim.

Cavuto is the best interviewer in the business and when he wants to can draw blood and guts on the floor. He did that to this congress critter who was severly wounded.


9 posted on 06/12/2008 12:18:13 PM PDT by bert (K.E. N.P. +12 . The Bitcons will elect a Democrat by default)
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To: kellynla

Let’s do it. Ten years from now, when the price is ten dollars a gallon, we’ll wonder why we didn’t drill now.


10 posted on 06/12/2008 12:36:46 PM PDT by popdonnelly (Does Obama know ANYONE who likes America, capitalism, or white people?)
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To: bert
Cavuto worked the man over real good

I watched that interview. At the end, Neil threw his hands up and said "I feel like I'm talking to myself"! The 'rat critter was stuck on his talking point and wouldn't budge.

11 posted on 06/12/2008 12:38:10 PM PDT by Don Carlos (No8Do)
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To: finnsheep
“Royalties if a successful well is drilled are estimated to be huge.”

That's what I was thinking.

I bet if citizens of those states knew what the royalties were, they would overwhelmingly change their minds about drilling & mining in their states. Just look at AK!

12 posted on 06/12/2008 12:53:51 PM PDT by kellynla (Freedom of speech makes it easier to spot the idiots! Semper Fi!)
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To: popdonnelly

well if Clinton hadn’t signed a moratorium on drilling in ANWR back in ‘95 we would have been getting oil out of there by now...
of course both Bushes followed Clinton’s suit;
so all three POTUS are guilty of being DUMB AS DIRT!
And the present Bush has also barred drilling in the Artic wetland too!
http://in.reuters.com/article/environmentNews/idINN1644783920080516


13 posted on 06/12/2008 1:03:19 PM PDT by kellynla (Freedom of speech makes it easier to spot the idiots! Semper Fi!)
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To: bert
It is Area 181 and was opened to drilling in Dec 2006. The legislation was the Domenici-Landrieu Gulf of Mexico Energy Security Act.

This act also provided for some of the royalties to go to TX, LA, MS, and AL.

Drilling on the first well began a few weeks ago.

14 posted on 06/12/2008 1:41:29 PM PDT by Ben Ficklin
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To: Teacher317

ping


15 posted on 06/12/2008 1:44:14 PM PDT by slugbug ("Do or do not...there is no try"-Yoda)
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To: Ben Ficklin

Thanks for telling us.

Is this area very deep water? does it have liabilities the others don’t have? Do the oil types have some aversion to this area?

Why is the rat congress critter not correct?

This is worrisome.


16 posted on 06/12/2008 1:50:39 PM PDT by bert (K.E. N.P. +12 . The Bitcons will elect a Democrat by default)
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To: Ben Ficklin

Thanks for telling us.

Is this area very deep water? does it have liabilities the others don’t have? Do the oil types have some aversion to this area?

Why is the rat congress critter not correct?

This is worrisome.


17 posted on 06/12/2008 2:01:34 PM PDT by bert (K.E. N.P. +12 . The Bitcons will elect a Democrat by default)
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To: bert
Yes, it is deep water, but there are some Saudi grade wells down there. The oil industry wanted this bad.

The Clinton-Babbit map of Area 181 was much larger and abutted the Florida panhandle. Bush reduced the size and moved it 100 miles off the coast. The senate moved it 125 miles offshore. The oil industry was disappointed in the reduced size but understands the political sensitivities of Florida and Bush's 600 vote win there in 2000.

You may recall 2002 when Waxman and Feingold were blasting Bush and Cheney over it.

Click here and scroll down to Exhibit 1.

SCOTUS ruled for Bush on this in 2006, and although the House and Senate GOP had disagreements on the bill, after the dems won the 2006 election, the GOP passed the legislation as one of their acts.

18 posted on 06/12/2008 2:14:32 PM PDT by Ben Ficklin
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To: Ben Ficklin
Here is a map

map area 181

19 posted on 06/12/2008 2:48:23 PM PDT by bert (K.E. N.P. +12 . The Bitcons will elect a Democrat by default)
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To: freekitty
Vote true vets in

That, plus declare open season - no bag limit, on "conservationists" and NIMBY's. Somehow, we have to get past the nay sayers and start to do it!

20 posted on 06/12/2008 5:05:39 PM PDT by Don Carlos (No8Do)
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