Sunday, July 20, 2008

Does It Have To Take A Decade To Bring New Crude To Market?

by Monica Showalter - July 18th, 2008 - Investor's Business Daily

. . . streamlining the [two to three year] environmental impact process and tightening the four to six year schedule for bidding [on government acreage] would make a big difference.

[Government] bureacracy's not the only problem.

"The chilling effect is the lawsuits at every single step of the way," said [Marilyn Crockett, executive director of the Alaska Oil and Gas Association].

The bottom line answer to the title of the article?


In 1 to 2 years oil can be flowing, if the American people want it. It takes 10 years only if you leave it to the Democrats who oppose oil to satisfy the enviro extremists desire to kill our economy.


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