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Politics : Formerly About Advanced Micro Devices

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To: J_F_Shepard who wrote (392607)6/19/2008 4:09:17 PM
From: d[-_-]b  Read Replies (2) of 1577787
 
I'm just looking at a 40 year continuing drop in production...I'm certain drilling has been going all that time with no increase in production.

There's this and any new demand for ships, rigs etc are more high paying jobs americans will do.

Congress Cannot Deflect The Blame
ibdeditorials.com

So when Pelosi and other congressional Democrats claim the oilmen are "sitting" on all that land, under which lies an ocean of crude they are gleefully keeping from consumers, those senators and representatives are lying through their well-sharpened political teeth.

Since Congress' enviro-driven 1982 moratorium, lease purchases have dwindled to a fraction of their previous level (see chart). Who, after all, wants permission to drill in a dry hole?

This incompetent, irresponsible and thoroughly politicized Democratic Congress is endangering our national security and economic well-being by locking up our own energy resources. It must not be allowed to blame the companies that spend billions supplying our energy needs for its own idiotic policies.

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