Posted on 06/12/2008 11:51:41 AM PDT by kellynla
Where we can get oil and natural gas now
ping
We need to get rid of state and federal congress critters.
Vote true vets in.
Nice video
In Algore’s big ‘ol butt!
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?
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!
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.
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.
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.
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.
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!
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
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.
ping
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.
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.
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.
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!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.