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not bad prognostication especially the 1st one . Senator Majority Whip Richard Turban on Ill. has come out in favor of off shore drilling and I expect more Dems. to reposition themselves when they go home and hear an ear full from their constituents.
They will especially back off that tripe about "drilling where in areas of Federal land that have already been approved
"
It's like saying "you are allowed to grow wheat in Death Valley ;but don't disturb the habitat .
1) I think it's likely there will be some drilling off the coast. Some exceptions though, like from the State of California where the "terminator" led by green Republican Gov. Schwarzenegger would oppose. However given the history of both parties involvement in the bans, lifting of partial bans would be no revelation.
2) Not likely. That would risk alienating the hispanic vote.
He isn't going to come out in favor of the off shore drilling, there is already a bill being worked on by the dems to force the oil companies to develop the 84 million acres of land that is currently leased to them in the United states. Thats what he is going to put out there in the next week or so.
So instead of drilling off shore where no one will see it they are going to an oil platform in your backyard. Thats what the next thing the republican are going to claim the dems are doing.
I still say oil shale is the way to go 400 years of oil at $60 a barrel for the United States.
1. Maybe; it will be a 'smoke and mirrors' type plan with lots of promises and very little delivery.
2. Nope; he couldn't begin to look his 'friends' (does he have any?) in the face if he went in this direction. I recall reading that 30 states have approved English as its official language; BO won't do that, but does that tell you anything about the man?
I still say oil shale is the way to go 400 years of oil at $60 a barrel for the United States.
We are making Western Canada very wealthy importing their' black gold from sands rush'. I agree that we should be exploiting shale and at current pricing it is probably profitable to begin.
I predict the environmentalists (who for some strange reason is given standing in court any time they want to ) will throw a monkey wrench into oil from shale development.
When I listened to the oil ceo's testify in congress. The CEO of shell pleaded with congress to allow him to drill oil shale saying he could be profitable doing so at $60 a barrel. He also stated that his company has a new way of getting oil out of oil shale that allows it to be pumped out of the ground like regular oil and protects the ground water around the area as well. Why americans are rioting in the streets for this I don't know.