H R 6515- Require Oil Companies To Drill On Lands They Own, page 2
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ATS Members have flagged this thread 7 times


reply posted on 25-7-2008 @ 01:36 PM by Krieger
THIS JUST IN!

Republicans refuse to release oil to lower gas prices.Oil Link

First its "Drilling for oil is the devil! If you make oil companies drill for oil then you hate America and support terrorists!"

Now its "Doing something that has ALWAYS worked in the past is the devil and you hate America and support terrorists!"

So GOP, why are you doing everything you can to keep oil and gas prices high? It couldn't be you're in their pockets. I mean just because half of the Bush Administration is former oil men...

Also, again, why no response? You were all ready to bitch about offshore drilling but... then say making the oil companies to drill offshore is evil. Which is it?


reply posted on 31-7-2008 @ 06:31 AM by Anonymous ATS
reply to post by Krieger


Sounds like the GOP should now stand for:

GOP=Greed Over Patriotisim



reply posted on 31-7-2008 @ 01:06 PM by Krieger
Originally posted by Anonymous ATS
reply to post by Krieger


Sounds like the GOP should now stand for:

GOP=Greed Over Patriotisim


Exactly! Or Grand Oil Party. They are doing everything they can to make oil companies more money.
news.yahoo.com...


reply posted on 4-8-2008 @ 08:51 PM by Anonymous ATS
reply to post by Krieger


do you speak english?

oil companies exist only to make a profit, they would drill the land they have if the oil under it was profitable.... its really pretty simple, you drill where you can make money. they hold the leases in hopes that one day the cost of oil will make it profitable to drill those areas. the price of your gas would increase if you forced the companies to drill on the leases in question. you can only lower the price of oil if you drill oil that costs less to obtain than the current price of oil (for example in saudi arabia it costs somthing like 2 bucks a barrel to get the oil)


reply posted on 4-8-2008 @ 10:05 PM by Keyhole
The problem is, they're just sitting on that oil. The land was leased to them to drill for oil or gas, but they do nothing with it.

If you ask me, take their lease away, let another company go in there who WILL drill for oil or natural gas! This was the intention of the government leasing this land to begin with!

Their just sitting on that oil until the "time" is right to drill!

The oil companies play "Big Stakes" games! They should be told that they just lost "this" game!

Oil in the Bank: Are Leaseholders holding Out On Pumping?

• Oil companies collectively are not producing on 68 million acres, or about three-quarters of the federal lands and waters they have under lease.

• More than 100 billion barrels of oil and gas resources are currently available on federal lands already leased or available for leasing by oil companies.



And one of the reasons I've heard before , why they aren't drilling on these leases, is because it's sooo hard to get a permit to drill!

Well, that excuse doesn't hold water!


Between 1999 and 2007, the federal government increased the number of drilling permits by 361%. While the Bureau of Land Management issued 28,776 permits to drill on public land in the last four years, wells have not been drilled on over a third (9,822).



When the government leases land to oil companies as an oil or natural gas lease, they should be obligated to drill on that land just like coal leasers have to mine for the coal or lose their lease.


Coal companies already comply with requirements that they diligently develop federally leased lands - why should oil companies be given special treatment? My bill would create industrywide accountability standards, which many of the oil companies say they are already capable of meeting. So why are they putting up such a fight?

After all, the quickest way to produce more oil is to develop lands already under lease since exploration is underway, leases and many drilling permits are ready to go and the infrastructure, including miles and miles of pipeline, is already in place.



A Coal Lease Contract with the government.

UNITED STATES DEPARTMENT OF THE INTERIOR BUREAU OF LAND MANAGEMENT - COAL LEASE

This lease is subject to the conditions of diligent development and continued operation, except that these conditions are excused when operations under the lease are interrupted by strikes, the elements, or
casualties not attributable to the lessee. The lessor, in the public interest, may suspend the condition of continued operation upon payment of advance royalties in accordance with the regulations in existence at the time of the suspension.
*****SKIP*****
Lessee shall submit an operation and reclamation plan pursuant to Section 7 of the Act not later than 3 years after lease issuance.



It works for the coal industry, why not the oil industry?

Drill on the land within 3 years or give up the lease and let somebody else drill on it!

[edit on 8/5/2008 by Keyhole]


reply posted on 8-8-2008 @ 01:02 PM by Anonymous ATS
reply to post by jamie83


This site come up when I searched google with this topic: how much land do oil companies own that they are drilling on? The title of your article and the article are confusing. The title referred to land oil companies own but the article referred to government owned land. That is not land the oil companies own.

Do oil companies own any land in the United States? Are they only drilling on land that is owned by the U.S. government? If it is not profitable to drill on the land for which they currently hold leases why won't they give the leases up?


reply posted on 9-8-2008 @ 05:59 AM by Krieger
reply to post by Anonymous ATS


As I've asked already. If there is no profit to drilling up 100BILLION BARRELS OF OIL then WHY DO THEY KEEP THE LEASES!? No Neocon has come to answer this as there is no logical answer other then the GOP and Oil Companies artificially inflate prices to make more money.


reply posted on 4-9-2008 @ 08:18 PM by Krieger
reply to post by Retikx


Nice siggy. But hemp is the devil! No bother it makes better paper then trees, makes decent clothes. Or you know, cheap fuel. And even better? Unlike corn you could build a building, say, 20 floors tall, and grow the hemp on every floor so you'd only need an acre to grow 20 acres of hemp. Not a bad idea no?

But the GOP will never allow this as that would hurt their oil buddies. Just like they are against wind, solar, and geothermo energy.

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