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Old 06-26-2008, 02:15 PM   #19
meteotrade
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Quote:
Originally Posted by Puckster View Post
Do not patronize me or the thought that we should be doing more to supply our own oil. If we had started 10 years ago drilling in these places instead of bending over for the animal huggers, we would be reaping the benefits of an increase in domestic supply.
First, I said 15, not 10. And that's a conservative estimate. Some estimates are closer to 25 years. All this to save a nickel at the pump.

Second, you did not address the linked story. In case you missed it, here is an excerpt:

Providing oil and gas companies with more land to drill is often seen as the cure-all for our energy problems. The fact is, however, oil and gas companies are choosing to drill on only about a quarter of the 68 million acres (bigger than the size of Kentucky, Tennessee and West Virginia combined) already leased to them by the federal government. Even though these companies have 81 percent of all the known reserves in the United States, they refuse to extract the oil and natural gas they already control.

Your anger is misdirected... why not ask these oil companies why they are sitting on so much oil now without tapping it? Because you're afraid of the answer, which is "because high oil prices are in our best interest."
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