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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (138594)8/6/2001 2:14:37 PM
From: Alighieri  Read Replies (1) of 1580156
 
But if only 2,000 acres of ANWR are opened for production, many of the integrated names might choose to pass on the opportunity. After all, the
fixed costs to establish drilling infrastructure would be significant -- even for 2,000 acres -- possibly making limited exploration uneconomical. The cost
per barrel of production from a limited area may be high enough to eliminate the benefits of drilling altogether.

Ted,

Sounds like Bushey compromised and tacked this ill fated provision to the more important tax rebate for the oil biggies, thinking that the ANWR issue will mask the true purpose of the bill. Some achievement...full of expensive integrity.

Al
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