Friday, June 20, 2008
The 'Idle' Oil Field Fallacy - WSJ.com
This article is about oil leases on federal lands.
It does a good job explaining how they work...
It does a good job explaining how they work...
The article is by Red Cavaney in the Wall Street Journal:
"These lawmakers ask why oil and gas companies want more access to federal lands to drill if they aren't using all of the 68 million acres they already have? Anyone with even the most basic understanding of how oil and natural gas are produced – and this should include many members of Congress – knows that claims of "idle" leases are a diversionary feint."
