Quote:
Originally Posted by Emmerich
Friendly today is not friendly tomorrow. It takes YEARS to develop offshore fields and get them online, especially deepwater.
Both Bushes sold out the industry. The oil biz DOES NOT operate on the premise of the oil being worth more tomorrow and therefore we won't start programs to develop it. You go for it NOW. Stockholders won't wait.
You have to remember, it has to be discovered first.
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It's a matter of national security to use the oil of others before our own. So is buying it from friends. Right now we are buying oil from countries that are not friends. Stockholders can go screw themselves.