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

To: tejek who wrote (302646)	9/8/2006 5:31:00 PM
From: combjelly	Read Replies (1) \| Respond to of 1576881

"The area is very deep: 7000 feet of seawater and a further 20,000 feet below the ground." 7000 feet of water is off the edge of the continental shelf, which is generally less than 200 meters of water. In general, this doesn't match up with the reported 170 or so miles off of New Orleans. Now it could be that the Mississippi has eroded the shelf so it drops off closer to shore. I will have to dig up some maps.

To: tejek who wrote (302646)	9/8/2006 8:55:31 PM
From: Road Walker	Read Replies (1) \| Respond to of 1576881

OK... conspiracy theory stuff follows, for what it's worth. Assume you are the CEO of an oil company, and you are looking at the upcoming congressional election. The Dems are saying "conservation", the Reps are saying "tax breaks and exploration". You have a fiduciary duty to the owners. You have the ability to influence (not manipulate, that would be illegal) the market price for your products. You have 80% of congress and 100% of the WH in your pocket because of contributions. Conservation means much less profits... ultimately maybe 90% less. I don't suppose the poor energy CEO would make a decision that was in the self interest of himself and his stock holders. A decision that would support the Reps in Congress. No... I suppose the guy would be politically neutral. Right. He would choose the "environment".