Congress found that Big Oil holding back fields that could DOUBLE US outputRush Limbaugh and other righties have blamed high oil prices on limits on off-shore drilling and in ANWR, but Congress has found that big oil ISN'T drilling on leases they hold now that could DOUBLE US output and reduce our dependence on foreign oil. Rep. Nick J. Rahall (D-WV) today introduced a bill that tells them to "use it or lose it."<a class="user" href="http://digg.com/world_news/Big_Oil_holding_back_fields_that_could_DOUBLE_US_output">http://digg.com/world_news/Big_Oil_holding_back_fi ...</a>If big oil is holding back the oil fields we've already given them to tighten supply and drive up prices, what makes you think if we give them ANWR, they won't do the same?Before the Iraq War, OIL & GAS JOURNAL fretted that when the sanctions came off, Saddam would pump too much oil and drive down prices--unless there was a war. We gave them the war, and they rewarded our sacrifice of tax dollars and soldiers lives by gouging us at the pump.<a class="user" href="http://professorsmartass.blogspot.com/2007/03/oil-too-cheap-if-no-iraq-war-says-oil.html">http://professorsmartass.blogspot.com/2007/03/oil- ...</a>If they didn't charge us less for giving them Iraq, why would they for ANWR?
yurbudJun 18, 2008
Congress found that Big Oil holding back fields that could DOUBLE US outputRush Limbaugh and other righties have blamed high oil prices on limits on off-shore drilling and in ANWR, but Congress has found that big oil ISN'T drilling on leases they hold now that could DOUBLE US output and reduce our dependence on foreign oil. Rep. Nick J. Rahall (D-WV) today introduced a bill that tells them to "use it or lose it."<a class="user" href="http://digg.com/world_news/Big_Oil_holding_back_fields_that_could_DOUBLE_US_output">http://digg.com/world_news/Big_Oil_holding_back_fi ...</a>If big oil is holding back the oil fields we've already given them to tighten supply and drive up prices, what makes you think if we give them ANWR, they won't do the same?Before the Iraq War, OIL & GAS JOURNAL fretted that when the sanctions came off, Saddam would pump too much oil and drive down prices--unless there was a war. We gave them the war, and they rewarded our sacrifice of tax dollars and soldiers lives by gouging us at the pump.<a class="user" href="http://professorsmartass.blogspot.com/2007/03/oil-too-cheap-if-no-iraq-war-says-oil.html">http://professorsmartass.blogspot.com/2007/03/oil- ...</a>If they didn't charge us less for giving them Iraq, why would they for ANWR?