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Offshore oil drilling
Why is that the mainstream media seems to ignore the fact that the big oil companies hold leases to over 68 millions acres of public lands on and off shore for domestic drilling? Why don't they challenge the GOP assertion that there are known reserves to be taped if we just lease more lands to the oil companies? The oil companies can begin exploring and drilling offshore right now on the areas where they currently hold leases. If we must drill now there is really nothing hindering them from doing so. Why aren't they doing so?
Finally, why is it that no one is asking why the GOP insists that a windfall profits tax will stifle exploration, could it be that the record profits that they have generated recently, make actually drilling less profitable? Aren't they just waiting to start really exploring and drilling when the value of crude oil and refined fuels shoot further up into the stratosphere?
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