McCain just won this thing

FUNtoseeLIBSselfdestruct · #21 (**permalink**) 06-19-2008, 09:43 AM

Quote:

Originally Posted by mulp

Legislation to Force Big Oil to Use Owned Leases Introduced Today
Thursday, June 12, 2008

To: Reporters

From: Democratic Caucus Communications Office

Re: Legislation to Force Big Oil to Use Owned Leases Introduced Today

Earlier today, Reps. Emanuel, Hinchey, Markey, Rahall, Welch and Yarmuth held a press conference to discuss legislation that will compel oil companies to utilize the 68 million acres onshore and offshore that are being leased by big oil companies, but not used to produce energy. Two pieces of legislation to achieve this goal were introduced today: the Responsible Ownership of Public Lands Act and The Responsible Federal Oil and Gas Lease Act of 2008.

The Responsible Ownership of Public Lands Act would assess a fee on land energy companies have leased but are not using for production. This fee will escalate if leases go unused over the course of several years. A dear colleague letter regarding this bill is included below.

The Responsible Federal Oil and Gas Lease Act of 2008 will bar oil and gas companies from obtaining any more leases unless they can demonstrate that they are producing oil and gas, or are diligently developing the leases they already hold. A second dear colleague letter regarding this bill is also included below.

Tell Big Oil to Produce or Pay

Co-sponsor the Responsible Ownership of Public Lands Act

Current Cosponsors: Markey, Emanuel, Rahall, Hinchey, Chandler, Moran (VA), Shea-Porter, Welch, Yarmuth

June 12, 2008

Dear Colleague:

Today, we will introduce the Responsible Ownership of Public Lands Act. At a time when our constituents are paying $4 per gallon at the pump, the answer is to make sure that oil companies are producing on the land they currently own. They need to either use it or lose it.

Our legislation will help lower gas prices by compelling oil companies to begin producing oil and gas on the roughly 68 million acres of public land they currently hold but are not using. This legislation will also invest in programs to develop renewable energy technologies to reduce our overall dependence on oil and help low-income consumers.

Oil companies are not producing oil or gas on the vast majority of federal land onshore and offshore already under their control. Offshore, Big Oil is producing on only about 23 percent of the land they hold, while onshore, companies are producing on roughly 27 percent of the acres to which they hold the drilling rights.

The Responsible Ownership of Public Lands Act will assess an escalating fee on land that oil companies have leased but are not using for production. This fee would be a mere $5 per acre for the first 3 years that a lease is not producing, but increase to $25 per acre in the fourth year and $50 per acre in subsequent years, providing a strong incentive for oil companies to stop stockpiling these leases and begin using them. The revenue raised from these fees will go towards renewable energy and energy efficiency investments that will reduce our dependence on oil, as well as the Low Income Home Energy Assistance Program (LIHEAP).

For more information or to sign-on as an original cosponsor, please contact Morgan Gray (Markey) at 5-4012 or morgan.gray@mail.house.gov, Jonathan Levy (Emanuel) at 5-4061 or jonathan.levy@mail.house.gov, Steve Feldgus (Rahall) at 5-9297, or Anne Georges (Hinchey) at 5-6335 or anne.georges@mail.house.gov.

Sincerely,

Edward J. Markey
Member of Congress

Rahm Emanuel
Member of Congress

Nick J. Rahall, II
Member of Congress

Maurice D. Hinchey
Member of Congress

Co-Sponsor H. R. 6251: The Responsible Federal Oil and Gas Lease Act of 2008

June 12, 2008

Message to Big Oil: Use It Or Lose It!

Dear Colleague,

Companies could nearly double U.S. oil production from public lands and cut oil imports by one-third if they started drilling and stop stockpiling leases to pad their profits. Today, companies possess nearly 10,000 permits to drill that they choose not to use to increase domestic production.

That is why we introduced legislation to compel companies to start producing the oil and gas Americans need. H.R. 6251, “The Responsible Federal Oil and Gas Lease Act” would force oil and gas companies to either produce or give up federal onshore and offshore leases. Companies would be banned from obtaining any more leases unless they can demonstrate that they are producing oil and gas, or are diligently developing the leases they already hold. Similar--and effective--rules already apply to coal companies.

Join us in putting the spurs to the people who are in the business of getting us oil and gas—tell them to stop holding oil hostage, to stop speculating on energy prices, and start helping Americans fill their tanks. Join us in co-sponsoring H.R. 6251, “The Responsible Federal Oil and Gas Lease Act”.

For more information, or to co-sponsor, please contact Committee on Natural Resources staff, Steve Feldgus (steve.feldgus@mail.house.gov) at 225-9297.

Sincerely,

Rep. Nick J. Rahall, II
Rep. Rahm Emanuel
Rep. Edward J. Markey
Rep. Maurice D. Hinchey
Rep. John A. Yarmuth
Members of Congress

Democratic Caucus -- 202 A Cannon House Office Building; Washington, DC 20515. Phone: 202-225-1400.

So the democrats want "GOVERNMENT OWNERSHIP" of oil wells. They're showing their true socialist (budding communist) colors, ONCE AND FOR ALL. Just like Hugo Chavez. His government owns everything too. Look how well that's working out for him.

FUNtoseeLIBSselfdestruct · #22 (**permalink**) 06-19-2008, 09:53 AM

Quote:

Originally Posted by Back Atcha

Seems to me we were pretty safe from terrorism for 230, til Bush took office, went on vacation, said he wasn't worried about alQaeda, ignored all terrorist planning right up to 9-11...

Let's not forget the georgies daddy won the most decisive war in history, liberated a country that actually needed it and still lost the election. People like you who make silly predictions, so often don't know any history...

Stupid post. Al Queda admitted that the 9/11 attacks took about 8-9 years to plan. Bush shares about 10% of the blame. But Clinton was in office for the majority of the time. He ignored 8 Al Queda attacks on American interests (including the first WTC attack). He pulled out of Somalia at the first hint of trouble. And basically did everything he could to embolden the terrorists. Bin Laden himself credits the Black Hawk Down incident for emboldening them.

THe fact that you act like keeping us safe from a terrorist attack for almost 7 years, is NO BIG DEAL, proves that YOU ARE A BLIND PARTISAN, BUSH HATER. No use talking to you about anything. Your mind's made up. ANd you are actively rooting for bad news for our country, as long as it's on BUsh's watch.

patriot2342001 · #23 (**permalink**) 06-19-2008, 09:56 AM

Quote:

Originally Posted by mulp

Legislation to Force Big Oil to Use Owned Leases Introduced Today
Thursday, June 12, 2008

To: Reporters

From: Democratic Caucus Communications Office

Re: Legislation to Force Big Oil to Use Owned Leases Introduced Today

Earlier today, Reps. Emanuel, Hinchey, Markey, Rahall, Welch and Yarmuth held a press conference to discuss legislation that will compel oil companies to utilize the 68 million acres onshore and offshore that are being leased by big oil companies, but not used to produce energy. Two pieces of legislation to achieve this goal were introduced today: the Responsible Ownership of Public Lands Act and The Responsible Federal Oil and Gas Lease Act of 2008.

The Responsible Ownership of Public Lands Act would assess a fee on land energy companies have leased but are not using for production. This fee will escalate if leases go unused over the course of several years. A dear colleague letter regarding this bill is included below.

The Responsible Federal Oil and Gas Lease Act of 2008 will bar oil and gas companies from obtaining any more leases unless they can demonstrate that they are producing oil and gas, or are diligently developing the leases they already hold. A second dear colleague letter regarding this bill is also included below.

Tell Big Oil to Produce or Pay

Co-sponsor the Responsible Ownership of Public Lands Act

Current Cosponsors: Markey, Emanuel, Rahall, Hinchey, Chandler, Moran (VA), Shea-Porter, Welch, Yarmuth

June 12, 2008

Dear Colleague:

Today, we will introduce the Responsible Ownership of Public Lands Act. At a time when our constituents are paying $4 per gallon at the pump, the answer is to make sure that oil companies are producing on the land they currently own. They need to either use it or lose it.

Our legislation will help lower gas prices by compelling oil companies to begin producing oil and gas on the roughly 68 million acres of public land they currently hold but are not using. This legislation will also invest in programs to develop renewable energy technologies to reduce our overall dependence on oil and help low-income consumers.

Oil companies are not producing oil or gas on the vast majority of federal land onshore and offshore already under their control. Offshore, Big Oil is producing on only about 23 percent of the land they hold, while onshore, companies are producing on roughly 27 percent of the acres to which they hold the drilling rights.

.

Gotta love it! They are sitting on the oil and screaming they want more! Unbelievable!

FUNtoseeLIBSselfdestruct · #24 (**permalink**) 06-19-2008, 09:58 AM

Quote:

Originally Posted by RASTAMAN

I thought the oil companies already have 10,000 leases to drill within or on U.S. lands already and haven't used any of them yet. So one needs to wonder why the oil companies haven't made good on the thousands of land leases they already have.
CQ Today - Democrats Try ‘Use It or Lose It’ Oil Argument

Seems like someone needs to take McCain to task on coastal drilling and ask him why his oil buddies haven't already used the 10's of thousands of leases they have presently at their disposal.

Also, for years, speculators and profiteers have been using the so-called “Enron Loophole” to artificially inflate oil prices and reap record profits at the expense of American families and businesses.

I've heard that if Congress immediately repealed the "Enron Loophole", commodities future market,and made oil speculation and price fixing illegal, a gallon of gas for regular would drop to 3.00 dollars a gallon over night!!! In other words this industry needs to be REGULATED!!!!

YouTube - Hearing on Energy Price Manipulation - Greenberger Testimony

Just like ROOTING FOR HIGHER TAXES. It will always boggle my mind how brain dead you liberals are that your own party convinces you to support positions that routinely HURT YOU but help government GROW. You're so used to giving away personal power so that the almighty government can become stronger and more in control of your life. Shows how much faith you have in yourself.

patriot2342001 · #25 (**permalink**) 06-19-2008, 10:00 AM

Quote:

Originally Posted by FUNtoseeLIBSselfdestruct

Just like ROOTING FOR HIGHER TAXES. It will always boggle my mind how brain dead you liberals are that your own party convinces you to support positions that routinely HURT YOU but help government GROW. You're so used to giving away personal power so that the almighty government can become stronger and more in control of your life. Shows how much faith you have in yourself.

What type of moron actually thinks the government is controlling our lives?

Grow up

FUNtoseeLIBSselfdestruct · #26 (**permalink**) 06-19-2008, 10:02 AM

Quote:

Originally Posted by cat's meow

Gov. Arnold Schwartsenagger came out today and said McCain/Bush are wrong on oil drilling off the CA coast...uh, Arnold is a Republican. Arnold directly reflects the clear majority of Californians and that is a BIG delivery of votes for Obama. Even the majority of Reps in CA don't want this.

McCain has also done nothing to help close the 'Enron loophole' which is allowing the massive speculation onthe energy markets. Hell, Phil Graham is helping run McCains campaigns and was one of the main guys that helped created that loophole about 8 years ago. This loophole being closed would do far more to contol oil prices and speculation than off-shore oil drilling.

Right now Bush Crime Family type Republicans are trying their old bait and switch..they still think this is 2004.

So Floridians don't mind paying $5 bucks at the pump? That's what Barack is banking on. Why do 70% of voters support drilling now? ONce educated on how safe and beneficial it is, Florida's numbers will rise too. Meanwhile Barry the Socialist wants to do NOTHING. Great position to take. Just like a liberal.

Isn't it crazy how strongly against drilling you liberal numnuts are? Your party has really brainwashed you to give up personal power. You are such brainless little pawns in the dems quest to NATIONALIZE EVERYTHING. Did you hear their new SOCIALIST PLAN to battle this oil problem? Just like Hugo CHavez.

Obama's Empty Suit · #27 (**permalink**) 06-19-2008, 10:03 AM

Quote:

Originally Posted by patriot2342001

What type of moron actually thinks the government is controlling our lives?

The left wing morons who want more government obviously.

A. Crowley · #28 (**permalink**) 06-19-2008, 10:05 AM

Quote:

Originally Posted by FUNtoseeLIBSselfdestruct

So Floridians don't mind paying $5 bucks at the pump? That's what Barack is banking on. Why do 70% of voters support drilling now? ONce educated on how safe and beneficial it is, Florida's numbers will rise too. Meanwhile Barry the Socialist wants to do NOTHING. Great position to take. Just like a liberal.

Isn't it crazy how strongly against drilling you liberal numnuts are? Your party has really brainwashed you to give up personal power. You are such brainless little pawns in the dems quest to NATIONALIZE EVERYTHING. Did you hear their new SOCIALIST PLAN to battle this oil problem? Just like Hugo CHavez.

The ban on offshore drilling came from Bush Sr. in 1990.

All fucking modern Republicants are retards.

FUNtoseeLIBSselfdestruct · #29 (**permalink**) 06-19-2008, 10:06 AM

Quote:

Originally Posted by OkhamsRazor

Let's hope his handlers can hide his dementia until election day. wait, what am I saying?

You're right, running as a war hero with over 25 years of experience in government and BEING ON THE RIGHT SIDE OF THE OIL DRILLING ISSUE, will really hurt McCain.

But being a freshman Senator of 3 years, who has NEVER PASSED ANY IMPORTANT LEGISLATION OR DONE ANYTHING, but associate WITH RADICAL, RACIST, ANTI-AMERICANS: is a much stronger position.

Yep, Obama's got this election in the bag. Just look at how easily he took the blue collar white vote in swing states. Oh yeah, that's right. He's having some problem with white men, "bitter" hicks that "cling to their religion and guns", hispanics, and jews who question Obama's ignorant foreign policy and desire to kiss the ass of every dangerous dictator.

Obama's Empty Suit · #30 (**permalink**) 06-19-2008, 10:07 AM

Quote:

Originally Posted by patriot2342001

Gotta love it! They are sitting on the oil and screaming they want more! Unbelievable!

Gotta love it! There's no fucking oil there and you want them to keep drilling! Unbelievable...

Quote:

Democrats are looking to shift the terms of the debate by arguing it is possible to increase domestic oil production without opening up new lands. The government, they point out, has leased some 91.5 million acres of land and waters for drilling, but federal data show only about a quarter of that is producing oil and gas. Moreover, the portion is shrinking; about 27% of the onshore acres were producing oil and gas in 2007, down from an average of 30.5% in production over the preceding decade.

Quote:

The industry and its backers say such arguments reflect a fundamental misunderstanding of the oil industry. Companies don't know how much oil is under the lands they lease, so they buy up large swaths in the hope that a fraction will work out. Much of the area that isn't producing, they say, doesn't have oil or gas in commercially viable quantities.