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landownerPermalink Reply by David on December 3, 2010 at 14:22

Here are the images for those who may not have Word.

I think we will see a rise in the price of oil and more onshore drilling where there may be wet gas, or natural gas with potential for oil and condensate. I only hope they lift the ban as it is going to really hurt the economy to keep spending almost $200,000,000,000 a year on imported oil.

(Let's see, $200 billion times 10 years equals $2 trillion dollars... gee, that's some serious money to not keep as much as possible here in the US economy.)

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landownerPermalink Reply by ALongview on December 3, 2010 at 14:30

Thanks David. Much easier that way.

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landownerPermalink Reply by David on December 3, 2010 at 14:32

No problem. Thanks for the info, AL.

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landownerPermalink Reply by MARG on December 3, 2010 at 22:32

Good info ALongview and David. Thanks!

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landownerPermalink Reply by intrepid on December 5, 2010 at 18:07

Obama wants to export as many U.S. dollars to the mid-east as he can. They bought and paid for his election. This is part of their pay back.

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Oil & Gas ProPermalink Reply by John Hott on December 9, 2010 at 9:46

You stole my thunder. This is a way of sending dollars to the muslim countries that he loves so much without rasing the suspicion of the American people. I believe this may be an offense that rises to the level of treason.

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landownerPermalink Reply by Cactus on December 10, 2010 at 13:00

Seems to me that these moratoriums, having such significant impact on the national economy, would need congressional action.  How can the President simply declare these areas off limits?  Has this power been tested in court?

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