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What Ive gleaned from the discussion so far is that, in order to give the oil industry an incentive to explore lands already open for exploitation, the government needs to give them some assurance that they won't dump billions into a project just to see their lease expire.If that is the case, why not start there instead of opening new lands, then imposing the same restrictions and having the same disincentives for investment in those lands? Could it be that suggesting that the ANWR and coastal areas be open to oil drilling is just more political crap?
What Ive gleaned from the discussion so far is that, in order to give the oil industry an incentive to explore lands already open for exploitation, the government needs to give them some assurance that they won't dump billions into a project just to see their lease expire.
If that is the case, why not start there instead of opening new lands, then imposing the same restrictions and having the same disincentives for investment in those lands?
Could it be that suggesting that the ANWR and coastal areas be open to oil drilling is just more political crap?
