In the plan to drill, the oil companies will be opening up marginal wells that were closed in OK and TX most of them by an Executive Order of Clinton that the House can overturn. If those marginal wells are opened back up, it will amount to more oil then we get from Saudi Arabia.
My question is why haven’t they been opened up sooner and why wasn’t the EO overturned earlier. It took a long time to get pumping limits overturned and then we found out at the State Convention from Sen Inhofe about the marginal wells that need opened.
Don’t know who the fools are that think oil companies are not putting money back into drilling but what we also need is a new refinery since we have not had one for over 30 years thanks to the lack of profit and EPA regulations.
Agree on refineries and as for
My question is why haven’t they been opened up sooner and why wasn’t the EO overturned earlier
I have no idea, but now that EO has been signed, we need to push hard.