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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 421.32-0.5%Jan 16 4:00 PM EST
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To: elmatador who wrote (9198)9/11/2006 5:29:26 PM
From: elmatador  Read Replies (2) of 219431
 
On top of that: A House bill that passed 232-187 in June lifts a quarter-century federal moratorium on offshore drilling, allowing rigs within 100 miles of U.S. coastlines. States could permit drilling within 50 miles of their coasts and would receive up to 75 percent of drilling royalties - an astounding increase over the current 2 percent share to Gulf states that could worsen the federal deficit.

The thing is going to get moving.
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