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Politics : THE WHITE HOUSE -- Ignore unavailable to you. Want to Upgrade?


To: pompsander who wrote (20932)7/30/2008 1:12:01 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 25737
 
Agreed.

But --- Devil's Advocate time here --- if we are to believe the US Geological Survey's data (and why not...) out of ALL of the US's yet-unexploited continental shelf resources the *vast bulk* of the petroleum and natural gas reserves are most likely to be found in two general areas:

Primarily: #1) --- off of Florida's Gulf coast (and why not? The Gulf of Mexico is the largest single source for all of our domestic oil and gas production)

And Secondarily: #2) --- off of Alaska's coast line (especially it's Arctic).

(In the third position for potential reserves --- but far, far down the list --- is the entire remaining non-Alaskan Pacific coast of California/Oregon/Washington... and even further down is the entire Atlantic coast line.)

So, basically what the government says is that they expect 70% or so of *all* yet unexploited US continental petro resources to be off of FLORIDA and ALASKA... with perhaps 45 to 50% of the whole to be off of Florida.

So... those two areas (Florida and Alaska) are where the big returns are expected.

Those two areas are where the political game is to be played out. All the rest --- remaining Pacific and all of Atlantic coast lines --- fade into relative insignificance.

Florida and Alaska... that's what it comes down to.

And, How hard will the Florida tourism industry, Disney, Hilton, Real Estate interests, etc., etc., fight against the oil interests to preserve their profits???????????