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Old 04-18-2011, 10:53 AM   #39
Jim in CT
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Join Date: Jul 2008
Posts: 20,429
Zimmy, I don't know what quantities of oil are in Alaska or the Dakotas. I just know that...

(1) there is some oil there
(2) that oil is sitting there, not doing anyone any good
(3) today, the world buys most of its oil from places other than the US, and some of those places cause a whole lot of problems for folks like me who would rather not see their children blown to bits
(4) our economy is hurting, we have lots of people out of work, we have lots of needy people not getting the help they need.

I also know this. If we tapped that oil, it would, TO SOME DEGREE, alleviate the concerns identified in (3) and (4). Maybe it would help a little, maybe it would help a lot. I also know that there are private companies who would love to be given premission to tap that oil, so that tells me that there are some experts who believe it's worth doing. Those companies don't invest huge sums of money without convincing themselves that there will be a good return.

Where am I wrong, Zimmy? Please be specific...
Jim in CT is offline