So what's the deal with this oil?

Question

Read this piece of an article:

Richard Carter, with the Defenders of Wildlife, argues that any new drilling would take at least 10 years to pump, and then only knock a couple cents off pump prices. There's no need to lift moratoriums when the oil industry is sitting on 33 billion acres of offshore leases they haven't developed, he adds.

A lot of undeveloped leases may not have a lot of resources, counters H. Sterling Burnett, senior fellow at the National Center for Policy Analysis in Washington.

Now, if they have 33 billion acres that haven't been developed (some say 68 billion acres), why haven't they started developing it.

If it holds no true promise, couldn't we possibly trade that 33-68 billion acres for somewhere with better opportunities?

Just a thought, not really a question. Just don't see why they would have this land set aside for oil drilling, and not use it in the many years they've had it, if it doesn't offer what they believe we need.

Answer 1

Just because there is land set aside for drilling doesn't mean there is oil there.They gave them an area to drill they drilled where there was oil and didn't were there wasn't any.

Answer 2

The drilling issue is a scam by oil companies and those beholden to oil interests to trick us into violating our Natural Parks and Preserves.

Answer 3

In the 2004 campaign, John Kerry tried, unsuccessfully, to get the American people to think about the idea of a Manhattan type of project to ween ourselves off our over dependence on oil.  That was drowned out by the Swift Boaters and GOP attack adds that had no baring on the issues of the day.

Now we need that more then ever.

What will happen to derail that kind of vision this election?

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Life is so simple, but we insist on making it complicated

Confucius

551 - 479 BC

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Peace

Jim

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Answer 4

People never saw a threat before and kept voting against drilling, the same crowd maybe that says vote for me and you'll never have a refinery anywhere near your backyard.

How does the saying go...The best hand you'll ever get is at the end of your own arm. We cannot and should not depend on others for what we can do for ourselves. Eventually the price is too high.  Gas is just one example.

Answer 5

it does however the dems and environ(mental)ists think its bad and will keep blocking it since they could give a rip about anything but saving some animals that arent even threatened by it