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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (7901)	6/21/2008 5:35:52 AM
From: Wharf Rat	Read Replies (1) \| Respond to of 24240

We Can’t Drill To Lower Fuel Prices... And so why do I oppose opening additional, ecologically sensitive areas to offshore drilling? Consider that companies already have more than enough resources available to them. Between 1999 and 2007, the number of drilling permits issued for development of public lands increased by more than 361%. In the last four years, the BLM has issued 10,000 more permits than have been used. That means the oil and gas companies are actually stockpiling extra permits, and that these companies hold leases to nearly 68 million acres that are not in production. This is particularly true for offshore areas. On the outer continental shelf, there are 7,740 active leases and only 1,655 in production. Only 10.5 million of the 44 million offshore leased acres are currently producing oil or gas. Moreover, four times more natural gas is contained within the waters already open to drilling than in those protected by the ban. switchboard.nrdc.org