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1. Dennis Cook

   

   1 posts
   
   1/12/2012 2:01 PM

   Geez, no where in my post did i say anything about price gouging. Those are legitimate things govts can set laws to prevent. If you wanna talk about the price of gas, look no furthur than the democrat party and their anti drilling mentality. We need to tap our own resources so that we dont have these rediculous spikes when something happens in the middle east. We could supply our own fuel for the next 100 years while we develop more economical ways to produce renewables.
   
   My whole point about the rich, is that they are the ones who create jobs. They risk their capital so that they can make money. In turn it creates jobs for others. The govt. is creating policies where its not beneficial to take the risk because if they do, their profit margin will be lousy (taxes, insurance, regulations, buearacracies, etc). Its not the fault of coorperations for heading out of the country, its cheaper to do business elsewhere. Why is that? Our own policies in this country create the high cost to do business. We need to address why business is not flourishing in this country and when we do the economy will come back. Well, at least until the govt decides to meddle in it again.

   
   
   
   
2. Melvin Waldron

   

   43 posts
   
   1/12/2012 7:01 PM

   Dennis, the US just sold leases in the gulf back in December. From what I have heard they have more leases to drill in the gulf then the previous administration.
   
   I have also heard before that there are many areas in the country that have been leased out but the oil companies aren't drilling. Could be many reasons for that, but to point the blame just at the democrats I believe is wrong.
   
   Mel

   
   Melvin H. Waldron III, CGCS, Horton Smith Golf Course, City of Springfield/Greene County MO
   
   
3. Sandy Clark

   

   0 posts
   
   1/13/2012 9:01 AM

   I know nothing about the workings of the oil industry but I do know that just because you have a lease doesn't mean you will be allowed to drill. A good case in point is one of the major players has a lease for a great site off the coast in Alaska. They have been prevented from even doing the required exploratory work because the ship required to do it may be emitting too many pollutants. You can get a lease much easier than getting the permission to actually drill. Billions of dollars are currently tied up in leases that are tied up in courts by the so-called environmental groups.

   
   
   
   
4. Melvin Waldron

   

   43 posts
   
   1/13/2012 10:01 AM

   Thanks Sandy for that information, and I am like you, I don't know how those things work, maybe that is the problem. But I think it goes to show that not just one person or one party or one group can make or break things, well unless it's because they aren't working together.
   
   Dennis on the post I responded too, I noticed you said it is the rich people that risk capital, saw something last night about Gov. Romney at Bain Capital (and I will admit now that I'm not sure how all of that works and I really think it should be another thread), had acquired a company in KC, they worked it with whatever they do and promised the workers their pensions and other benefits, then they shut the place down. The government had to pay off the $44 million in pensions and stuff from some federal pension guarantee account. So in that deal, I wonder did Bain Capital take a loss as well? Did the rich really risk their own money? Like I said I think this is for another thread.
   
   Mel

   
   Melvin H. Waldron III, CGCS, Horton Smith Golf Course, City of Springfield/Greene County MO