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

To: tejek who wrote (403301)	7/31/2008 8:09:46 PM
From: Brumar89	Read Replies (1) \| Respond to of 1573434

Thats a different question. I don't know enough about the Santa Barbara channel geology to say. That would be where the best potential is to get oil quickest. BTW Congress doesn't have to simply lift the ban. The Interior Dept has to actually offer areas for bidding. I would expect environmental lawsuits against the government designed to delay that.

To: tejek who wrote (403301)	7/31/2008 10:39:38 PM
From: Joe NYC	Read Replies (2) \| Respond to of 1573434

Ted, Don't be dense Brumar. When can we expect oil to start flowing from OS platforms off the coast of FLA or CA once Congress lifts its ban? Your best guess as a professional, not a partisan. About a month later than it otherwise would have, had Congress lifted the ban on the day president Bush lifted it. If this Congress does not lift it, the flow of oil will be delayed by additional 6 months, when the new Congress can take it up. This is kind of like an overweight person delaying the start of his diet, with excuse that losing weight will take some time to achieve anway ... This is basically an inaction and waiting for a miracle. And, BTW, during this inaction, Chinese are going to be drilling off the coast of Florida. Drilling for oil that could potentially have been extracted by US companies. Joe