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As gasoline prices soar, the Interior Department will again issue a request for drilling...

As gasoline prices soar, the Interior Department will again issue a request for drilling interest in potential development leases in Cook Inlet off the Alaskan coast. While the department reckons the area could contain over 1B barrels of oil and 1.2T cubic feet of natural gas, a federal lease sale a year ago failed.
Comments (7)
  • HoeTamer
    , contributor
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    This is election year propaganda in the form of a headline, watch what they do not what they say. "There were 13 exploration wells drilled in the federal waters in the Cook Inlet area between 1978 and 1985". If oil companies didn't find anything worth going after then, why would it be different now. This lease sale will fail again because permitting is non-existent. If the administration was really serious about drilling they would be passing out drilling permits like a card dealer flips cards at a casino. Even a recent NYT article admits the current oil boom is because of Bush and Cheney era energy policy.
    25 Mar 2012, 07:10 AM Reply Like
  • bigbenorr
    , contributor
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    The NYT doesn't know **** about the oil boom. It was not politicians that created it, it was our own hard work and innovation.
    25 Mar 2012, 10:59 AM Reply Like
  • HoeTamer
    , contributor
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    So you and I issued the drilling permits? No, the politicians issued the drilling permits. I agree the NYT doesn't know much, they are just stating the facts. Everyone agrees that it takes 3-4 years to get permits, drill, and pump oil out of the ground and processed. So it's easy to deduce that the oil being produced now is because of permits issued before Obama took office 3 years ago.
    25 Mar 2012, 11:08 AM Reply Like
  • bigbenorr
    , contributor
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    Ok, so a bureaucrat issues a permit for a well, then after all of us oilfield trash come in do all the work to bring it online, somehow the bureaucrat gets credit for the success of the project. I'm sorry but that is BS.

     

    FYI: in North Dakota we are drilling wells in less than 1 month and bringing them on production in 2-3.
    25 Mar 2012, 11:19 AM Reply Like
  • HoeTamer
    , contributor
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    The federal government needs to go to N Dakota and see how this is supposed to be done. You guys are a great example to the rest of the energy industry and what can happen when extreme environmentalism is removed from the permitting process.
    25 Mar 2012, 11:37 AM Reply Like
  • Poor Texan
    , contributor
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    No! No! No! Don't send the federal government to North Dakota. They will figure out some way to 'help' the drillers and wind up running them out of business.
    25 Mar 2012, 10:43 PM Reply Like
  • bigbenorr
    , contributor
    Comments (721) | Send Message
     
    Oh, Thanks!
    25 Mar 2012, 11:41 PM Reply Like
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