Thread: Long-term strategy shortcomings of drill here, drill now.
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Old 06-22-2008, 11:59 AM
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Quote:
Originally Posted by Anikdote View Post
If they are such a good idea and such a wonderful innovation, private industry ought to be gobbling it up.
Private industries with the resources to develop them make too much money with the current supply/demand ratio.

Same reason opening these new lands up to drilling leases won't lead to increased supply.

In fact, they won't increase supply at all for years, even if the energy companies went against what's been garnering them windfall profits, and started drilling tomorrow.
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