I THINK DRILLING FOR THESE BIG OIL FINDS WOULD CREATE MASSIVE JOBS IN OUR ENERGY SECTOR-(DEEP WATER GULF DRILLING ALSO), AND AT THE SAME TIME BECOMING ENERGY INDEPENDANT.IT WOULD ALSO BOOM THE STEEL INDUSTRY-PIPELINES,SPAR-PLATFORMS,ECT.- IT WOULD RESTORE OUR CAR INDUSTRY-(LOW STEEL COST, FUEL,JOBS ECT.)-IT WOULD PAY OFF OUR DEPT- ALL THIS WOULD BE CREATING JOBS AT THE SAME TIME- IT COULD PAY FOR HEALTH COVERAGE FOR LOW INCOME WORKERS- ALL THESE PROPERTIES COVERED IN OIL NEEDS TO BE TAPPED FOR LOTS OF REASONS..—
Drillers, engineers, constructors, fab yard workers, machine tool factory workers, when they are employed they buy cars, they buy houses, they buy clothes and sporting goods and take their families to restaurants, they vacation, they buy expensive toys, they send their kids to college, and on and on. And they pay income taxes and sales taxes on everything they make and everyething they do.
Take down the barriers and you'll cut the half trillion we send out of the country buying fuel, radically, and you'll put the whole country back to work. All that oil pays royalties into the treasury here, instead of paying royalties into foreign government treasuries elsewhere around the world.
To sit bankrupt with double digit unemployment with your productive workers standing on street corners, home builders hitting the skids, carmakers drying up and blowing away for want of paying customers, while oil comes gurgling up through the ocean floor untapped is crazy stupid. In my opinion.
And to keep electing the people who keep us bankrupt and unemployed and keep electing them, at some point we have to face the fact that we are complicit in our own misery.
So you must be a big proponent of taxing the bejesus out of Oil & Gas Operators?
THAT THE GOV. DONT WANT TO DRILL
Since when did the Gov't drill anything? ? ?