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Politics : Formerly About Advanced Micro Devices
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To: Elroy who wrote (244408)8/1/2005 11:39:06 AM
From: SilentZ  Read Replies (1) of 1576348
 
> If their cost of exploration goes from $3 per barrel now to $1.50 per barrel after passage of the bill, you don't think they are going to increase exploration? Explain that to me.

Elroy, listen... the oil companies do not need to be encouraged to explore in the US. They're chomping at the bit to do so, and the administration has been doing their best to help them. Does ANWR mean anything to you? The "archaic" environmental laws are the only things keeping them from greater exploration.

This is not about domestic exploration... this is about increasing the profits of the oil companies, as well as being able to say, "Nyah nyah nyah -- not only are we going to let them drill on protected lands, but we're going to pay them to do so!"

-Z
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