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2010-06-16 Economy

FACT CHECK: Obama (speech) Inflates Hopes in Spill Recovery

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Posted by wt 2010-06-16 02:43|| || Front Page|| [3 views ] Top

#1 "we need to know the facts before we allow deepwater drilling to continue." Wrong!

You must know the facts before you have a lease sale.

U.S government already found out the hard way in Alaska. You cannot have a billion dollar lease sale and then not allow the oil companys drill.

Enviromental issues that emerge after the sale are no justification for refusing a drilling permit.

The oil companys sued for and won, not only the price they paid for the lease, including all expenses incured for bid preparation, impact studys, fees, contract agreements, ect. but also the profit they claim they lost by not being allowed to drill the lease.

Posted by junkirony 2010-06-16 20:56|| 2010-06-16 20:56|| Front Page Top

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