Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Road Walker who wrote (278896)	3/7/2006 5:23:59 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 1574705

The real solution is to get off oil. OTOH, this will take a long time. If you look at a map of the GOM they basically drew a line due south from the FL-Al border. You can drill to the left of it. Not to the right. Realistically they could curve the line to the right (east) and still be well offshore of the FL coast. Perhaps tap into more fields. On the downside, new oil and a drop in price will keep people hooked on oil. So maybe the governemt should tax it more to keep up the price. This would be very unpopular however. I think Georgia and South Carolina could do some shelf drilling. In case of a spill it would only end up on Jersey beaches anyway. Might not even notice. LOL