Why do they want ANWR?

@MntlWard (880)
United States
July 22, 2008 10:57pm CST
Oil companies are currently sitting on millions of acres of land. They're leasing these millions of acres of land for drilling purposes, but they are not drilling or even preparing to drill there. So what's the point in opening up ANWR for drilling if oil companies aren't drilling on the land they already have?
1 person likes this
5 responses
• United States
23 Jul 08
That's a good question. I wish someone would ask the oil company executives that one. My guess as to the answer is that oil companies really do not want to drill for more oil. Profits are higher when supplies are tight. Why would the oil companies want to drill?
3 people like this
@MntlWard (880)
• United States
23 Jul 08
Yeah, but why are they lobbying for more drilling access when their goal is to limit drilling to keep the price high?
2 people like this
• United States
23 Jul 08
They are lobbying for drilling rights where they don't expect to get them.
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@MntlWard (880)
• United States
23 Jul 08
Ah! That does make sense! So they get their friends in the Republican Party to draft a bill that would allow drilling in a wildlife refuge. Those bills get overturned, but they make it look like oil execs are trying to alleviate the gas problem. Then the Republicans use the overturned bills as "proof" that the Democrats are to blame for high gas prices. I figured it was something sneaky like that.
3 people like this
@ZephyrSun (7385)
• United States
23 Jul 08
What I don't understand is the whole flight trip over ANWR to look for wildlife. I read in the paper yesterday that they didn't even touch ground, were they only looking for big game? How high in the air were they when they said, there isn't any wildlife up there. I think that it is also said that the Saudi government said during an interview within the last month that the demand and supply are such that the $4 a gallon gas price is way out of line. The government went on to say that the demand is low and supply is high so the basic laws of ecomonics in not applied to this situation.
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@MntlWard (880)
• United States
23 Jul 08
Part of the problem is that some people are buying oil like shares of stock and not using it for gasoline production. That reduces the oil available for gasoline refinement, which quite possibly drives the gas price even higher than the high price of oil already does.
2 people like this
@anniepa (27240)
• United States
23 Jul 08
I looks like your questioned has already been answered. It's all smoke and mirrors, a game the oil companies and Republicans play to keep the prices high and the finger pointed at the Democrats. Annie
2 people like this
@ClarusVisum (2163)
• United States
23 Jul 08
Because then they'll have more land to sit on, ready to use to extort the American people when oil is as high as they want it (same reason why they're not using the land they already have, nor are most of the existing refineries working at full capacity).
1 person likes this
@elmiko (6640)
• United States
23 Jul 08
Don't worry about that they will eventually drill. They will have to unless everybody wants to become a recluse because of high gas prices. The truck drivers can only afford to pay so much for gas.