Subscriber Services
Shop Local
Publish your Stuff
Need Help? Click Here
Search: Site   Web
Print Story | E-Mail Story | Font Size
What is this?

Save & Share this Article

Letter: Use current land to drill for oil

Comments 0 | Recommend 0

The oil companies are pressing Congress to open up previously off-limit areas to drilling. And the public is starting to back the oil companies. But why?

The Department of Energy projected that lifting the moratoria would not have a significant impact on domestic crude oil and natural gas production or prices before 2030.

The DOE also projects that opening up the Arctic National Wildlife Refuge to oil exploration would only result in the decrease of the price to oil by $1.44 a barrel or about 1 percent. That would save you about 4 cents per gallon on your gas.

The number of drilling permits issued to the oil companies increased 361 percent- about the same increase in the price of gasoline during that time.
Nearly 80 percent of available oil on the outer continental shelf is already open to drilling. There are 64 million acres of land leased to the oil and natural gas companies that are not being used to increase to domestic production of oil and natural gas. Now, tell me who is getting taken for a ride?

John Friedman
Yuba City

 


See archived 'Letters' Stories »
 


Reader Comments
We welcome comments from registered users of our Web site. (If you're not registered, click here.) We ask that users exercise good judgment and tolerate other people's views. Your comments should be free of libel, profanity, personal attacks and racist or offensive language. Inappropriate content will be removed without notice. Repeat violators of our user agreement will be barred from making future comments.

Weather
Traffic
News Alerts
ADVERTISEMENT 
Publish Your Stuff
ADVERTISEMENT 
Poll
Games
Puzzles
TO DO LIST
What should President-elect Obama's top priority be when he takes office Jan. 20?
Tax cuts
Job creation
The Middle East
Home foreclosures
Enter The Code To Vote
 
powered by
google
Search
        Search: Web    Site
  • Help
  • Site Map
  • Contact Us
  • Subscriber Services