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The intellectually barren offshore drilling debate
At least one of Matt Simmons’s forecasts is not yet bearing fruit — his 2006 prediction that Peak Oil would come to dominate the 2008 campaign. For the debate over offshore drilling that’s erupted this week has shed absolutely no light on the real issues.
For starters, there’s a highly disingenuous calculus behind the flip-flops of John McCain and Florida Governor Charlie Crist, who now favor offshore drilling: They’re sending a message, implicit but unmistakable [Update: Actually, it's completely explicit] , that allowing more offshore drilling will somehow put a voter’s Labor Day getaway this year, heretofore unaffordable, within reach. It will, of…
23Jun2008 | Desidooru Saloon | Comments Off | ContinuedMineral Rights: Landowners are getting rich
With food and energy prices making climbs higher and higher nearly every day, somebody must be getting rich. But who? The gas stations claim they can barely get by. Farmers are protesting their own rising costs. And Exxon Mobil shareholders have little to smile about. Share price has barely risen over the last year.
Well, it looks like at least one small portion of the American population will be making money from this mess. Landowners in Pennsylvania, West Virginia, and even parts of New York have folks knocking at their doors almost daily. The checks they are willing to write are getting bigger by…
30Apr2008 | Guest Contributor | Comments Off | Continued
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