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Gold/Mining/Energy : Advanced Bitumen Recovery Technologies
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To: rdkflorida2 who wrote (44)10/18/2012 5:53:29 PM
From: rdkflorida2  Read Replies (1) of 51
 
This is from independent sources. I will provide link if you need it. The existing leases were the ones the oil companies wanted and they are sitting on them. Some have expired and are in the drop you noted. They are available IF the companies will drill on them. Oil company propaganda or truth??

"The report found that opening up all of these areas would bring in $7 billion in tax revenue over the next decade. That’s fairly small compared to the $148.9 billion in royalties that the federal government is expected to receive from existing leases."

"Why so little revenue? In part because those currently restricted areas don’t seem to have much oil and gas compared with what’s already available. Here’s a chart that might help clarify matters:

able. Here’s a chart that might help clarify matters:"
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