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To: Realism
I think people should look at how much available is already leased before claiming it is enough. Most of it has already been explored.


http://www.gomr.mms.gov/homepg/lsesale/mau_gom_pa.pdf

Not every acre contains oil and others don't have enough to be economic to go after. Thunder Horse wouldn't have been built to recover a couple thousand barrels.

44 posted on 06/24/2008 6:35:17 AM PDT by thackney (life is fragile, handle with prayer)
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To: thackney
I think people should look at how much available is already leased before claiming it is enough.

How long can these companies hold the leases without actually developing?

60 posted on 06/24/2008 7:02:11 AM PDT by Realism (Some believe that the facts-of-life are open to debate.....)
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