Friday, October 10, 2008

Misinformation from the Dems

This is about the best summary I have seen regarding the statements the Dimmocrats are making about oil and gas leases going unused. This issue is a key plank in Obama's platform and this new report chews it up like a termite going after new pine boards.

The point is that leases have a fixed life. If they aren't used, the lease expires. No company wants to throw money away paying for leases that they don't use. Lets apply some common sense to the issue.

1 comment:

Old NFO said...

Common sense and the dems just do NOT belong in the same sentence...
Paying for a non-drillable lease is not going to happen, they will let them expire, and nobody gets anything out of it.