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 : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (1571)	8/13/2008 6:06:44 PM
From: Road Walker	Respond to of 86356

Well I think the bill that they are talking about leaves it up to the states, which would probably keep almost all of it "locked up". ------------------------------------------------------ States could still ban drilling in state waters. I don't think you understand. I think the current bill would allow, not require, any state to allow drilling on the entire, legal OCS off their state. Make it a "states right" and also give Fed lease compensation. Now you could probably eliminate the entire Pacific coast... not too many pols would endorse that. Maybe some of the Atlantic states would go along, maybe Florida would go along, but probably all with strict limitations. So I think your drill everywhere or nothing demand is a fantasy.