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Politics : Formerly About Advanced Micro Devices
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To: d[-_-]b who wrote (392008)6/18/2008 5:52:13 PM
From: tejek  Read Replies (2) of 1578044
 
They keep asking for permission but do very little new drilling. There are 1000's of approved leases that are not being used.

Well if they just open the entire country, the oil companies pay the leases and use them or not - they have little to complain about in the future and an unused yet paid lease is good for the tax revenue side.

Uh.....there is a reason why the oil companies are not demanding more leases. You do know that all the foreign rigs and most of the domestic rigs are rented into the forseeable future.
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