Relevant and even prescient commentary on news, politics and the economy.

Unused oil drilling permits: 9300

Watching Cspan at lunch of the House debt on taxes and energy Rep Emanual stated there are currently 9300 unused oil drilling permits in the US. The counter to the statement was from Rep McCrery: There must be a reason for them being unused.

Yes, obviously if they are unused there is a reason. Any guess? Of course, that they are unused McCrery noted is the reason why we need to drill in ANWR and all 3 coasts; East, West, Gulf. Rep

McCrery seems to imply here that the permits are unusable. Well, if they are unusable, then why are they still open? Why have they not been returned as unusable and thus the ares of permit removed from the list of viable drilling property.

Fascinating. Being that we are not opening up any new refineries which is blamed on all sorts of things (usually those tree hugger types) where would all this oil, whether from the republican wish list of holes in the ground or the current 9300 ok’d potential holes in the ground be refined? If not here, then we are exporting crude. Will that offset our import costs?

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Oil and water do not mix to our benefit

The Albuquerque Tribune editorializes:

In oil drilling, the question is always who suffers and who benefits – not in the abstract but in the details of daily lives.

Sure, the American economy needs more American oil. But mining and property laws are often ruinous to ranchers, farmers and homeowners who are beset by drillers, their wastes and their high-handed assumption that their right to profit is greater than the property rights of those they traumatize.

Gas drilling in the San Juan Basin has brought huge profits to drillers – and destroyed the livelihoods of many ranchers, killing their cattle with drilling waste.

And the ranchers have absolutely no recourse. It amounts to the privatization of eminent domain, in which a company with mineral rights can use someone else’s surface rights, despoil their land, their peace of mind and their property value, all to make money just for themselves.

The chief problem with drilling in the Galisteo Basin is soil and water pollution. Tecton, the Texas company drilling in the basin, claims to have new, cleaner technologies. But oil and gas drilling around water cannot be accomplished without damaging the water. It’s a physical impossibility.

Here’s a partial list of potential wastes that come from exploratory and production drilling: huge quantities of brine, or “produced water,” associated with oil and gas deposits; water runoff from cleaning rigs and vehicles; engine coolants and water- and oil-separating antifreeze; benzene; drilling fluid, sometimes called “mud,” with its clays and chemical additives that cools and lubricates the drill heads; drill cuttings; the various lubricants that keep the drill tubes going; hydrogen sulfide from bacteria on field equipment, killed only by dangerous biocides; oil debris in filters; dirty diesel; and halons and other ozone-depleting chemicals used as fire and explosion suppressants.

The issue here is simple. Pollution is no longer a cost-saving irresponsibility. It has to be cleaned up, and that costs lots of money and takes a long time. And the water might never be drinkable again.

In a rush to mine coal and oil, two huge behemouths collide in the Soutwest. Surface dwellers be careful. Do you actually know what your water rights are? Or what dwells beneath?

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