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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (244414)8/1/2005 12:53:20 PM
From: d[-_-]b  Respond to of 1576181
 
Elroy,

re:If it's true the tax cut will not increase exploration it's ridiculous.

Trouble is we know where the oil is in the USA - but due to local/environmental rules they cannot drill in those locations. The money will most likely be used to pay off the local city/state boards/regulators to allow "exploration".



To: Elroy who wrote (244414)8/1/2005 2:45:49 PM
From: SilentZ  Read Replies (1) | Respond to of 1576181
 
>But the previous posters assertion that the oil companies are extremely eager to explore in ANWR implies that costs are a determinant in exploration levels - it must be much cheaper in the ANWR to explore and extract, and that's why they want to.

There's some ideology to it, too... they want to do it to make a point that they should be able to drill there, despite the protests of environmentalists.

-Z


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