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re: 70% of Americans are in favor of increasing US Oil & Gas Production

Posted on 3/8/22 at 5:36 pm to
Posted by thingshavechanged
Member since May 2017
413 posts
Posted on 3/8/22 at 5:36 pm to
quote:

You realize almost all of those leases are worthless


That is 9000 DRILLING PERMITS. Not leases. Once a leaseholder, operator, or designated agent identifies an oil and gas deposit on a Federal lease, they can file an application for permit to drill.
This post was edited on 3/8/22 at 5:38 pm
Posted by bama1959
Huntsville, AL
Member since Nov 2008
4558 posts
Posted on 3/8/22 at 8:15 pm to
quote:

That is 9000 DRILLING PERMITS. Not leases. Once a leaseholder, operator, or designated agent identifies an oil and gas deposit on a Federal lease, they can file an application for permit to drill.


Ok, permits. If they were worth the time our oil cos would be drilling them. The President lied today. When Trump left office we were producing 1.5m more barrels a day than we are now. We were a net exporter and now we are a net importer.
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