Posted on 08/12/2008 1:06:39 PM PDT by Delacon
ping
We not only got it, we’re MAD AS HELL ABOUT IT!
And this is why
http://www.freerepublic.com/focus/f-news/2060605/posts
http://www.freerepublic.com/focus/f-news/2060687/posts
LEt tehm drill on the sixty-eight million acres they already have under lease. Use it or loose it! s
ping and double ping ping!
LEt tehm drill on the sixty-eight million acres they already have under lease. Use it or loose it! s
From the article: " Moreover, the Democrat bill contains language that Obama, Reid and the entire Democrat Party have embraced that would cripple new exploration: so-called "use it or lose it" language which bars the government from issuing any new exploration or production leases unless the applicant can certify to lawyers' and judges' satisfaction that every lease currently held is being "diligently developed." But, contrary to the Democrats' propaganda line that companies are hoarding leases and refusing to develop them, the truth is that these companies pay fees upfront, in addition to annual rent payments, regardless of whether oil production actually occurs. The delays result from the fact that exploration is a difficult, expensive, time-consuming process in which success follows years of failure and frustration.
"In the real world," Rep. Bachmann notes, "forcing companies to 'use' their leases immediately or lose them means making exploration more cost-prohibitive. It will ensure that less exploration will take place. It's akin to forcing a pharmaceutical company to develop a cure for cancer in some arbitrary number of years or else lose the ability to seek the cure."
You’ve been here over three years and are still a sucker for Dem talking points, I see.
This begs the question: what is the 'Rats' *REAL* motivation for all this stonewalling? We all know the enviro-wacko mantra about 'global warming', but when the truth is that China has surpassed the US in total carbon emissions in its quest for superpower status, it's quite clear that that's a canard.
The most logical conclusion is that they're hell-bent on destroying the most productive economy on earth in order to usher in some kind of socialist utopia. As we all know from history, this has never been accomplished and never will be because it's diametrically opposed to human nature, and every attempt to impose it has resulted in massive bloodshed and human misery.
The 'Rats must be stopped, and the productive forces in our economy unleased, or America's days are numbered.
Why should they waste money drilling an “if come” when they can drill where known supplies are?
I’m tired of this crap. I could drill in my backyard. It doesn’t mean I’ll find anything.
See post 6 for why.
Bingo! The House and the Senate will agree on a worthless piece of “legislature.”
As far as the 'Pickens Plan' to build windmills with taxpayer money, I have 2 questions:
1) What happens when the wind doesn't blow?
2) Where does the electricity come from when the windmills get shut down by court order because a endangered-species bird got sliced and diced?
We’ve just lost a WHOLE lot of money.
That part is misleading. The Alpine field production center is right up against the NPRA border. Pipelines not 10 miles from NPRA connect to pump station 1 of the Trans-Alaska Pipeline.
http://maps.google.com/?ie=UTF8&ll=70.345084,-150.926743&spn=0.028408,0.105743&t=h&z=13
This facility is already designed to handle initial expansion into NPRA. The first wellpad was designed a few years ago and is still waiting for permit approval. I was on the design team.
>>And this is why
That’s only part of it. Read Carry_okie’s excellent post where he shares some very interesting insight regarding environmentalist’s funding:
http://www.freerepublic.com/focus/f-news/999451/posts?page=67#67
“Big Oil” funding enviroweenies? Whaaaat?
Supply and Demand = Price.
The better to eat you with, my dear!
Excellent article.
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