The oil shortage myth debunked.

[KLL]

It is permitted but that is done by the states who own the land where the wells are drilled, not the federal government, unless it is on federal land.

And what exactly is it that you are asking? About Halliburton owning the well? No they do not, they are a construction company. Not an oil company

no, because oyu said that the governemnt has nothing to do with oil drilling.
they do. by giving concessions.

[Disorder]

no, because oyu said that the governemnt has nothing to do with oil drilling.
they do. by giving concessions.

Would you confirm that with a link we can reference?

[KLL]

Would you confirm that with a link we can reference?

i jsut know that in germany companies gotta get permission fro mthe governemtn to start drilling. I woul assume thats the case in the US, as it is like that in msot of europe

http://www.oilandgasinternational.co...oncession.aspx seems to support this

[Xavior]

Don't the companies also have to pay royalties to the Federal and Provincial governments? I know Teck-Cominco and some other companies were pissed that the Alberta government raised royalties on the Oil Sands.

[KLL]

Don't the companies also have to pay royalties to the Federal and Provincial governments? I know Teck-Cominco and some other companies were pissed that the Alberta government raised royalties on the Oil Sands.

depends o nthe agreement i guess

[Dogma]

just as I said, it is done on the state level. Not the federal level, and yes the states do get royalties from the oil that comes from their land. Just as I would if oil come from my land as I own the mineral rights to my land.

[El Mestizo]

See, this is what I don't get. Why do you think that the government has ANYTHING to do with obtaining oil? That is done in the private sector, IE OIL COMPANIES. and don't tell me that Bush is an oil man, I am tired of that lame argument. There is no way that they are allowed to make profits from any private company while they are in office. They are required to give up any positions of authority or influence they may have in any company that may make a profit from govt acts. That is LAW, look it up.

And now I know I will here Cheney was CEO for Halliburton so he is making money off Irag's oil, again, I say, bull. Halliburton does not own a gallon of oil, they build oil fields. Do you blame the electrician that built the generating plants for the price of electricity.

DO you realize where Al Gore made his millions??? as a majority stockholder of Occidental Petroleum. Yes it is correct. Mr Green himself is making a fortune of the high prices of oil.

Cheney doesn't make money off the oil in Iraq because of Haliburton but raather the contracts he's giving them to do various things in the Iraq war. The entire war has been privatized, from military training and equipment to reconstruction of Iraq and Haliburton is one of the main companies taking advantage of these multi-BILLION dollar contracts. There's plenty of ways one can profit without being directly connected.

[Blackwater]

Cheney doesn't make money off the oil in Iraq because of Haliburton but raather the contracts he's giving them to do various things in the Iraq war. The entire war has been privatized, from military training and equipment to reconstruction of Iraq and Haliburton is one of the main companies taking advantage of these multi-BILLION dollar contracts. There's plenty of ways one can profit without being directly connected.

I still don't see how Cheney profits from that....

Military equipment has always been from private sectors and same with reconstruction. We're a Capitalist society, not socialist! Could you tell me though about the military training that you're speaking of? Cause I don't know of a private enterprise training the US Military.

[Dogma]

Cheney doesn't make money off the oil in Iraq because of Haliburton but raather the contracts he's giving them to do various things in the Iraq war. The entire war has been privatized, from military training and equipment to reconstruction of Iraq and Haliburton is one of the main companies taking advantage of these multi-BILLION dollar contracts. There's plenty of ways one can profit without being directly connected.

BULL****! you are uninformed as is most of America that listens to CNN or any of the other liberal media.

You should have been taught that in High School American history, or did you sleep thru that class?

This is the main problem with American society, most Americans receive their information from CNN or one of the network news outlets and it is well known they are the most liberal group of pricks in the American society. They no longer report the news, they make it. Case in point: All candidates, Democrat and Republican alike have said that kids are off limits and the ****ing media continues to try and make it part of the campaign. Therefore, the media is not reporting the news, they are trying to make the story.

[KLL]

BULL****! you are uninformed as is most of America that listens to CNN or any of the other liberal media.

just out of curiosity, but where do you turn to for news?

You should have been taught that in High School American history, or did you sleep thru that class?

to be honest, fro mwhat i hear from folks i talked to.. thats a pretty BS class.
a freinds history teacher telled them that the US Marshall Plan initiated the german economic miracle and that the US only has military bases in germany to prevent antoher holocaust
retards like that should be baned from teaching, as the poor kids actually belive him.