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Politics : President Barack Obama
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To: TARADO96 who wrote (24346)6/19/2008 11:30:36 PM
From: Nicholas Thompson  Read Replies (1) of 149317
 
I understand that there are large areas off shore already under lease to many different oil companies and that at least 80% of the potentially available areas of the US continental shelf are open for leasing and exploration; maybe , thus , there are many other reasons why this has not been exploited ; cost being the major reason; why should the oil companies spend tens of billions for unsure reserves when they can spend similar amounts for vastly more reserves overseas? the GOP is developing another false issue.
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