Is there any end to the stupidity that comes out of these politicians mouths?Did you believe the Democrat congressman whom today claimed oil companies were refusing to drill on the land?
He must figure the only time an oil company would want to produce more oil is when prices are low
there's democrat logic for you
god are these people ever stupid
no wonder things are so screwed up
you have to have the dumbest people in the country running thingsDid you believe the Democrat congressman whom today claimed oil companies were refusing to drill on the land?
This is true. The oil companies are leasing thousands of acres of land as well as thousands of acres on the continental shelf. They choose not to drill at this time. Why they aren't drilling is unknown to the Congressman, however. Most likely, the costs of finding,drilling, and extracting any oil that MIGHT be there are prohibitive. We also don't know the terms of the leases. Perhaps the lease terms are unfavorable, and the oil companies are awaiting some type of leverage to renegotiate the leases, or for the leases to expire.
If the Democratic Congress knew what they were doing, they would simply hire inspectors to audit records of the oil companies to show what the research on the oil properties has proven, and then audit the refineries to make sure they're running at capacity, and not being restricted as part of a price-fixing scheme. Funny how they keep us in the dark, though, with this ';he said, she said'; bull$#!t.
Obviously they don't know beans about the oil business. A lease is not a guarantee oil will be found. Even if it is, the conservationists file lawsuits, and the oil company has to file environmentals with the government (which can be denied) and then they have to get another lease in order to pump the oil.
Yes.
I have a brother in law in the oil business and he tells me they quit pumping in the Gulf of Mexico and go get the foreign oil to make higher profit.
It isn't that there isn't oil it's that they want higher profit and if where they have to drill will cost more than going to Africa to get the oil then that is what they do.
Let us remember OIL is a NONRENEWABLE resource and will at some point become extinct. So, let find alternatives and stop using so much. Plan your driving, walk, take public transportation, bicycle, use electric (of course unless it is solar charged it isn't free).
You really think the oil companies have your best interest in mind? Think again.
No. It is a diversion.
Democrat Voters will believe Anything----- as long as you throw in a Welfare Check.
(Those leases are costing Oil Companies Millions %26amp; Millions of Dollars each year. They can't drill them all at once. Idiots don't know a thing about it.)
That happens to be true...
We have open reserves that the Republicans... errr... I mean, oil companies... don't want to drill in, because it's their plan to make sure they attain all of the potential oil for the ';futures market';.
Not really, since the same congressman probably fought drilling the same land tooth and nail until off-shore drilling was put on the table.
I wonder sometimes if there is any end to the stupidity that I read here on a daily basis coming from the uninformed that love to twist bits of information into statements that are not true or are out of context.
I wouldn't anymore surprised that he was telling the truth about it than if he was lying about it. They're all lying about it.
Sounds like something a conspiracy theroist came up with.
This is coming from the same people who who have the power to approve drilling off shore but will not.
unfortunately it is true.
Repubes are repugnant.
We have proof that there is life on Mars. I can't believe our Congress is home grown.
I believe it.
shows the democrats for the liars they are.
no end in sight,they continue to lie for over 30 years !
ANSWER: Never happened.
source?
no
no
and definitely NO
No, and No and oh yah, NO.
http://dwb.adn.com/money/industries/oil/鈥?/a>
Here's one instance.
Instead of taking what one or the other says as accurate, I like to read it myself.
No, every excuse that dems keep coming up with to prevent it are complete frauds. It is ok though, because their refusal is killing them.
If a Democrat says it don't believe it.
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