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1 posted on 03/15/2016 1:27:26 PM PDT by SeekAndFind
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To: SeekAndFind

Remember when he said hey the oil companies have plenty of leases they don’t need to expand them. Jokes on our country huh?

Sick leftists.


2 posted on 03/15/2016 1:29:26 PM PDT by Williams (Dear God, please save us from the Democrats. And the Republicans.)
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To: SeekAndFind

Bush I did the same thing, Bush II didn’t remove the ban until just before he left office.


3 posted on 03/15/2016 1:30:07 PM PDT by stockpirate (We must burn down the republican party, to save it for “We the People” (Palin Trump is the 1st wav)
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To: SeekAndFind

Can’t have that money going to American companies.
The Saudis won’t like it and they pay bribes and give gifts to our politicians.


4 posted on 03/15/2016 1:34:57 PM PDT by Lera (1 Corinthians 15:3-4)
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To: SeekAndFind

....just Odungo being Odungo,screw America best he can. His Arab brothers want a bigger share of the pie. Summer is just around the corner, can’t have Americans enjoying anything


5 posted on 03/15/2016 1:36:33 PM PDT by Doogle (( USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: SeekAndFind

An oil company would have to be fool to agree to risk many millions to contract for rights with the USA.

They have better chances dealing with third world thugs in Africa running countries with offshore oil prospects.


6 posted on 03/15/2016 1:37:02 PM PDT by doldrumsforgop
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To: SeekAndFind

If you like your oil leases you can keep your oil leases..........................


7 posted on 03/15/2016 1:37:27 PM PDT by Red Badger (The Left doesn't like him and the Right doesn't like him, so he must be the right guy for the job...)
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To: SeekAndFind

With gas prices now they are most likely not profitable. I would think many companies would focus on fracking for now.


8 posted on 03/15/2016 1:38:02 PM PDT by ThomasThomas (Fools find no pleasure in understanding but delight in airing their own opinions.)
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To: SeekAndFind
President Trump will put it back in play if we need it

Oil on shore benefits the people

9 posted on 03/15/2016 1:38:44 PM PDT by knarf (I say things that are true ... I have no proof ... but they're true)
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10 posted on 03/15/2016 1:39:35 PM PDT by DoughtyOne (Facing Trump nomination inevitability, folks are now openly trying to help Hillary destroy him.)
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To: SeekAndFind

Make ValJar walk the plank...


12 posted on 03/15/2016 1:44:14 PM PDT by Paladin2
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To: SeekAndFind

Is this another stupid executive order?


14 posted on 03/15/2016 1:46:41 PM PDT by stocksthatgoup (GOPe/MSM - "When we want your opinion, we will give it to you.")
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To: SeekAndFind

Is this another stupid executive order?


15 posted on 03/15/2016 1:47:03 PM PDT by stocksthatgoup (GOPe/MSM - "When we want your opinion, we will give it to you.")
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To: SeekAndFind

That’s fine, it’s just like money in bank.

Take it out when the price is higher and the supply is lower.

In the meantime, shouldn’t we be taking advantage of the low prices to add to the Strategic Oil Reserve?

Maybe next year...


17 posted on 03/15/2016 1:56:42 PM PDT by SaxxonWoods (Ride To The Sound Of The Guns.)
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To: SeekAndFind

Brought to you by OPEC and the Clinton Foundation!


18 posted on 03/15/2016 1:56:44 PM PDT by Rumplemeyer (The GOP should stand its ground - and fix Bayonets)
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To: SeekAndFind

Actually I can see Obama’s point. If we add to our huge petroleum producing capacity it will hurt Saudia Arabia and other oil producing Islamic countries in the Middle East.

From Obama’s POV that’s a slam dunk. And, as an added bonus, it hurts the U.S. Economy. That makes it a Twofer and irresistible for an Islamic Marxist like Obama.


19 posted on 03/15/2016 2:12:32 PM PDT by InterceptPoint
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To: SeekAndFind
For the time being, it doesn't matter much. With oil at $30/bbl, any offshore lease auction for tracts in the Atlantic Ocean would attract ZERO interest. As of today, nobody would even bother nominating a tract for auction.

"What if they held a federal offshore lease auction, and nobody came to bid?"
20 posted on 03/15/2016 2:22:26 PM PDT by Milton Miteybad (I am Jim Thompson. {Really.})
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