Crush Liberalism

Liberalism: Why think when you can “feel”?

Obama and his party lying about “nonproducing” oil leases

Anytime you hear some dimwit regurgitate DNC talking points about the oil companies refusing to drill on lands they already lease, debunk that lie with this.  Read the whole thing, but savor the excerpt:

Oil companies take leases not because they know there’s oil on the land (or under the sea), but because they think there might be oil and need the lease in order to explore that possibility and to secure the legal right to pump it if they do find it. It’s simply ridiculous to assume, as the Democrats’ talking points do, that each and every lease actually contains a huge amount of recoverable oil, and the oil companies are simply refusing to drill there. Instead, the claim goes, the oil companies are clamoring for the right to grab up additional leases… which then, of course, they will also leave untouched.

Why are oil companies securing leases for oil they know is there but have no intention of drilling? If their goal is to not drill, why bother with the expense of a lease at all? They’re all in on it together, in this conspiracy theory, so they can all just agree to not drill at all. They hardly need to pay the government money for the right not to drill.

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June 30, 2008 - Posted by | Obama, oil

4 Comments »

  1. Truth is never an issue for libs…

    Comment by Kanaka Girl | July 2, 2008

  2. The oil companies want the leases because holding them–with the POTENTIAL to drill–will raise the value of their stock.

    Duh.

    Why are conservatives so DUMB, DUMB, DUMB?

    I must assume it is a self-inflicted wound.

    Comment by Matthew | August 6, 2008

  3. The oil companies want the leases because holding them–with the POTENTIAL to drill–will raise the value of their stock.

    Yeah, good point: sitting on oil would generate much more money than getting and SELLING the ACTUAL OIL would! After all, stock values rise whenever a company DOESN’T show signs of profitable activity.

    Why are liberals such economic illiterates? Dipsh#t. Go back to bagging those groceries at Albertson’s, moron, and leave Econ 101 to your betters.

    Comment by crushliberalism | August 7, 2008

  4. […] 8:17 pm by crushliberalism Moonbat on Aisle 3, and he/she/it is a month late to the game.  As is this schmuck.  Dig in. Possibly related posts: (automatically generated)guess who will be walking down the […]

    Pingback by Anyone wanna play with a troll or two? « Crush Liberalism | August 7, 2008


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