Posted on 09/23/2009 7:19:50 PM PDT by larry hagedon
New oil discovery in California; one more place to not drill here drill now.
Oxy oil discovery could spark new interest in California's energy potential The biggest find in the state in 35 years, somewhere in Kern County, could herald new exploration in California and the U.S., experts say. But some worry it could lead to a false sense of security.
(Excerpt) Read more at latimes.com ...
Can’t drill there, they might kill a rare mosquito or something.
They should let North Korea or Brazil or Mexico drill for it, then sell the oil to Europe!
Unless its on Nazi Pelosi’s property, forget it. Why would California ever need more oil?
Pray for America
There is oil leaking out of the ground in California.
God has blessed California with a vast amount of resources from oil to fertile soil to grow virtually anything. Now all we have to do is get rid of the liberals and then our great state can attain its potential.
That area has always been rich in oil... not a surprise.
Al Gore was a big stockholder in Occidental Petroleum, inherited from his father, who was a protege of Armand Hammer.
I wonder if he still owns the stock.
...as if Obama will permit them to actually pump oil.
LOL.
Sounds like a new discovery in Elk Hills which Oxidental got from the government years ago.
this will be interesting - guess whose daddy and now the son have made a fortune with Oxy -
Its really a no brainer. The only thing standing in the way is the Democratic party.
He made a big chunk of money when Occidental was allowed to buy the Naval Petroleum Reserve. Something he forgot to disclose until the deal was done. Oops!
Ping
” the Defense Authorization Act of 1996, the U.S. Department of Energy was directed to sell the assets of NPR-1. On February 5, 1998, the Department of Energy and Occidental Petroleum Corporation concluded the largest divestiture of federal property in the history of the U.S. government. The sale agreement completed a privatization process that began in 1995 when the Clinton Administration proposed selling Elk Hills. The divestment removed the federal government out of the business of producing oil and gas at Elk Hills. In May 1995 the Clinton Administration proposed placing the federally-owned Elk Hills Naval Petroleum Reserve on the market as part of its efforts to reduce the size of government and return inherently non-federal functions to the private sector. In February 1996, the Congress passed and the President signed the Defense Authorization Act for Fiscal Year 1996 containing authorization to proceed with the sale”
http://www.globalsecurity.org/military/facility/npr.htm
Obamabots, libs, greenies and other one-worlders will be P.O.’d tonight.
Anytime Democrats suddenly take an interest in reducing the size of government (not to mention privatizing government oil) you have to realize you’re seeing a sleight of hand in action.
This took place as Clinton/Gore were voted out, right before they hit the "out" door (with the "w" keys pried from Whitehouse keyboards in their back pockets).
A pay-off to Hammer & Oxy, with the Gore's still holding Oxy stock. If not all of what they had a-hold of, open & out-right, then by proxy shells, oh, you betcha!
Yeah, because relying on OPEC and enemies who hate us is a much more secure situation./LA@ssholes
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