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To: Balding_Eagle
That doesn't have anything to do with natural gas.

Don't get me wrong, those are good issues. But......

As for Keystone, it will eventually be approved. All the legal issues in Texas have been resolved and the Nebraska lawsuit is headed for court. You might want to read up on that.

As the moratorium offshore, that was for only for one year to set up the new standards, and few objected that. If you comprehend the long cycle of drilling and producing, the moratorium had little effect.

As for the 5 year offshore drilling plan, offshore drilling is determined by the states. WA, OR, CA, FL, SC, NC, NJ, MD, NY, MA, etc don't want offshore drilling so Obama or Congress will not drill there. Neither would Bush. Obama did open Chukchi and Beaufort Sea off shore Alaska, so the only state in question is Virginia. Before they can drill offshore VA they have to chart it because that hasn't been done since the early 80s. Also, Congress has to resolve the Royalty Sharing issue for VA. VA's willingness to offshore drill is predicated on VA receiving half of the federal royalty and that they can use that money for roads.

BTW, there is an article at Fuel Fix this morn in which a republican on the Texas O&G commission predicts that Obama/Moniz will issue more natural gas export permits.

57 posted on 10/08/2013 4:43:03 AM PDT by Ben Ficklin
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To: Ben Ficklin
That doesn't have anything to do with natural gas.

As usual, you're right.

The report only says it's about natural gas, but as you've pointed out, they didn't mean natural gas.

61 posted on 10/08/2013 6:48:17 AM PDT by Balding_Eagle (Damn ObamaCare, full speed ahead!)
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