Here in Alaska, our Repub Governor is taking the industry to court to force them to either develop or give up the leases they have been sitting on for the last 20 years. Top it off with the fact that our repub legislators have awarded the oil & gas industry tax incentives that have effectively removed 75% of taxes they had agreed to pay originally in their sweetheart deal.
I'm all for free market too within reason. With record profits, high prices, lack of development; doesn't take a genius. Maybe when gas is over 5 bucks, the repubs will do the right thing. Trouble is then the dems will be in for 8 years and then look out everyone. Repubs only have themselves to blame.