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

To: J_F_Shepard who wrote (603819)	3/16/2011 7:23:37 AM
From: Brumar89	Read Replies (1) \| Respond to of 1574102

There is lots of drilling going on in the GOM Drilling is down because of the slowdown in permit approvals. Fact. ......but you'll use as an excuse the restrictions currently in place for very deep water drilling.... There's been a slowdown in permit approvals for all water depths. Natural gas is in abundance right now, but that has nothing to with oil production... It has to do with hydraulic fracturing and directional drilling .... and fracing is under attack from the left too. So once again I ask you....where are you going to find hundred's of billions barrels of oil to turn that production curve around????/ I'm sorry, but saying our production has been falling is NOT a good argument against drilling to find more oil.