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DRILL HERE. DRILL NOW. PAY EXACTLY THE SAME.

Filed at 7:28 am under by dcobranchi

What a scam!

NEW YORK (CNNMoney.com) — Oil companies and many lawmakers are pressing to open up more U.S. areas for drilling. But the industry is drilling on just a fraction of areas it already has access to.

Of the 90 million offshore acres the industry has leases to, mostly in the Gulf of Mexico, it is estimated that upwards of 70 million are not producing oil, according to both Democrats and oil-industry sources.

One Response to “DRILL HERE. DRILL NOW. PAY EXACTLY THE SAME.”


Comment by
Manning Shaw
June 24th, 2008
at 7:53 pm

I say let them drill …only that they must sell into the American market and for no more than $60.00/barrell…They could certainly make a fair profit on that, and it might just bring gas prices down. Something tells me they’d turn that deal down, though.