gaar, Do you agree that the information I posted is accurate or do you not? Answer that and then we'll procede to the next issue. I've decided it's no longer acceptable to me for you to simply add another distraction, take off another side-track, w/o addressing the post that proceeded. It leads to your famous endless, circular threads.
Do you agree that the information I posted is accurate or do you not??? On Oct 26, 8:37 pm, Gaar <[EMAIL PROTECTED]> wrote: > Does the extraction of the Oil generate Income for the Government or > not? > > On Oct 26, 6:32 pm, Hollywood <[EMAIL PROTECTED]> wrote: > > > > > Gaar, > > > Big woop. > > > Bottom line, the oil belongs to the oil company than owns the lease > > and they will sell it to the highest bidder on the international > > market. No such thing as 'American oil". What you mean is simply oil > > found and drilled on American territory. > > > On Oct 26, 7:59 pm, Gaar <[EMAIL PROTECTED]> wrote: > > > > The money the Government makes isn't from the Oil they extract... > > > > It is from the Leases required to extract it. > > > > Your ignorance on thematter notwithstanding. > > > > On Oct 26, 3:14 pm, "Mark Kahle" <[EMAIL PROTECTED]> wrote: > > > > > how does that put them on US soil??? We all know there is NO US oil > > > > regardles if they drill in the Gulf or in central Oklahoma. ... it is > > > > sold on the WORLD market by international companies.... not one DROP > > > > is < quote > US OIL < unquote>. > > > > > Until the government OWNS a well and the drilling company and the > > > > refinery.... it is not and can not be US oil. > > > > > By the way.... slant and horizontal drilling is LEGAL in the US. > > > > > On 10/26/08, Gaar <[EMAIL PROTECTED]> wrote: > > > > > >http://www.nysun.com/business/oil-battle-shapes-up-off-florida/80151/ > > > > > > The issue emerged as a flare point last week when Vice President > > > > > Cheney said China was drilling for oil off Cuba. Democrats hotly > > > > > disputed that claim, but even they acknowledge China has leased > > > > > exploration rights in the area. > > > > > > On Oct 26, 12:11 pm, Gaar <[EMAIL PROTECTED]> wrote: > > > > > >http://www.americanfreepress.net/html/china_starts_oil_drilling.html > > > > > > > WHILE AMERICA TWIDDLES THUMBS, CHINESE TAP BILLIONS OF BARRELS > > > > > > > By Mike Blair > > > > > > > While Washington dithers over exploiting oil and gas reserves off > > > > > > the > > > > > > coast of Florida, China has seized the opportunity to gobble up > > > > > > these > > > > > > deposits, which run throughout Latin America, the Caribbean and > > > > > > along > > > > > > the U.S. Gulf coast. > > > > > > > The Chinese have forged a deal with Cuban leader Fidel Castro to > > > > > > explore and tap into massive oil reserves almost within sight of Key > > > > > > West, Florida. At the same time, Venezuelan President Hugo Chavez, > > > > > > who > > > > > > controls the largest oil reserves in the Western Hemisphere, is > > > > > > making > > > > > > deals to sell his country s oil to China, oil that is currently > > > > > > coming > > > > > > to the United States. > > > > > > > Meanwhile, a new left-wing populist regime in Bolivia has > > > > > > nationalized > > > > > > the natural gas industry, threatening to cut off supplies to the > > > > > > United States. > > > > > > > SLANT DRILLING > > > > > > > There are new reports out circulating that Chinese firms are > > > > > > planning > > > > > > to slant drill off the Cuban coast near the Florida Straits, tapping > > > > > > into U.S. oil reserves that are estimated at 4.6 billion to 9.3 > > > > > > billion barrels. This compares with 4 billion to 10 billion barrels > > > > > > believed to be beneath the Alaska National Wildlife Refuge, where > > > > > > drilling is held up in Congress due to the objections of > > > > > > environmental > > > > > > groups which warn of endangering caribou. Permission to drill in the > > > > > > refuge, which experts are certain will not present any environmental > > > > > > hazard, has failed by just two votes in the Senate. > > > > > > > As Chinese business increases its reach around the world, it is > > > > > > seeking oil, which it lacks domestically. > > > > > > > After elections in Mexico in early July, when a new regime hostile > > > > > > to > > > > > > Washington is expected to take power, the United States might be > > > > > > without supplies of Mexican crude oil. The United States gets about > > > > > > 40 > > > > > > percent of its imported oil from Mexico and Venezuela. > > > > > > > China is eager to tap into oil reserves in the Florida Straits and > > > > > > then make a deal with Castro to control it. The Chinese have already > > > > > > reopened an abandoned Russian oil refinery in Cuba. Much of the gas > > > > > > refined there is believed to be destined for Freeport in the > > > > > > Bahamas, > > > > > > where the Chinese, through front company Hutchison-Whampoa, has > > > > > > developed a massive port facility and airfield. > > > > > > > With the refinery reopened and expanded it will also meet the needs > > > > > > of > > > > > > Castro. > > > > > > > Sen. Larry Craig (R-Idaho) has introduced legislation to ease U.S. > > > > > > restrictions that prevent dealing with Cuba to drill in the Florida > > > > > > Straits. It is hoped that Florida regulations that prevent U.S. oil > > > > > > drilling off the state s coasts could also be eased. > > > > > > > The irony is that Chinese drilling could be even more of an > > > > > > environmental hazard since China is not as concerned about or > > > > > > equipped > > > > > > to deal with any potential ecological disaster as a result of a > > > > > > spill, > > > > > > said Craig. > > > > > > > (Issue #22, May 29, 2006) > > > > > -- > > > > Mark M. Kahle > > > > Blessed are the bewildered for they don't know the difference.... Me- > > > > Hide quoted text - > > > > > - Show quoted text -- Hide quoted text - > > > > - Show quoted text -- Hide quoted text - > > > - Show quoted text -- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. 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