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Posted by: Xaos 1 year, 5 months ago
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Xaos1 year, 5 months ago
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I am all for more drilling. The fact that drilling for oil is not a priority here in the U.S. is one of the big reasons that I have doubted the validity of this 'Oil Supply Crunch'. If there were a genuine supply crunch then we would be drilling everywhere we could and ignoring the environmentalist. If it were a real supply crunch then securing new oil and developing alternate energy sources should be a matter of national security. If that was the case then the environmentalist would have no choice than to keep quiet. Kinda weird how these environmental groups have the resources to tell some of the worlds most wealthy companies where they can and cannot drill for oil.
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Tangent0011 year, 5 months ago
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Oil companies have been sitting on thousands of exploration/drilling leases for years.
I think if federal lands are opened for drilling, there should be a requirement that any oil so derived goes to the US market. As it stands now, Exxon could drill in ANWR and ship it all off to China.
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