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To: rottndog
Utter BS....

Correct. Also, their argument is a logical fallicy. There is not necessarily a cause-effect relationship between lower oil prices and drilling. During the time of lower drilling costs, that is when the need to drill in new locations becomes most cost efficient. ANWR...

4 posted on 05/22/2015 10:15:45 AM PDT by rjsimmon (The Tree of Liberty Thirsts)
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To: rjsimmon
There is not necessarily a cause-effect relationship between lower oil prices and drilling.

That is nonsense. Do you really believe a significant drop in oil prices does not result result in less drilling? Do you think it is coincidence that are active drilling rigs in the US is down by half?

5 posted on 05/22/2015 10:17:56 AM PDT by thackney (life is fragile, handle with prayer)
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To: rjsimmon
Correct. Also, their argument is a logical fallicy. There is not necessarily a cause-effect relationship between lower oil prices and drilling. During the time of lower drilling costs, that is when the need to drill in new locations becomes most cost efficient. ANWR...

That's just crazy.... fact is that US companies have scaled back their drilling programs because of the price of oil and NG. To ignore that is just dumb.

And yes... it's equally dumb to believe that hurting one of our countries largest industries is somehow going to help the economy. Some of us have been saying that all along... despite what liberal economists may have been saying.

60 posted on 05/22/2015 3:09:22 PM PDT by kjam22 (my music video "If My People" at https://www.youtube.com/watch?v=74b20RjILy4)
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