Quote:
Originally Posted by aceventura3
I don't dispute the finding above or the idea of reducing demand for oil through conservation and alternative. However, I think we can send a clear message to oil producing nations and minimize wild price fluctuation by committing to drilling now. I like the "all of the above" approach.
|
So why dont these facts "send a clear message" by committing to drilling now on current leasehold: Between 1997 and 2007, drilling permits for oil and gas on public lands increased more than 361%
Since 2004, BLM has issues 28,776 permits to drill on public lands
Offshore, only 10.5 million of the 44 million leased acres are currently producting oil or gas
Combined, oil and gas companies hold leases to nearly 68 million acres of land that are not producing oil and gas....but could produce 4.8 million barrels of oil a day and could cut imports by nearly a third
Majority Report of the House Committee on Natural Resources (pdf)
I'm just tyring to understand why we need to open up more areas for drilling..when millions of on and offshore acres are already permitted and leased but not under production.
-----Added 12/9/2008 at 12 : 47 : 29-----
IMO....Psycho-babble
__________________
"The perfect is the enemy of the good."
~ Voltaire
Last edited by dc_dux; 09-12-2008 at 08:56 AM..
Reason: Automerged Doublepost
|