http://www.northupforcongress.com/archives/102 Just another WordPress weblog Fri, 21 Nov 2008 10:55:03 +0000 http://wordpress.org/?v=2.0.1 http://www.northupforcongress.com/archives/102#comment-145 Wed, 16 Jul 2008 02:50:56 +0000 http://www.northupforcongress.com/archives/102#comment-145 I agree 100% with opening up more areas for drilling. If it is true that big oil companies have millions of acres of leases they are not drilling in the government should take them back and give them to someone that will drill. Surely there are drilling companies that would love to have them. The head of Exxon said in BusinessWeek in May that Exxon will not build a new refinery in the US because he is happy with the price of oil and gas. They are not using their record profits to increase drilling or investing in new technology they are using them to buy back stock thus increasing earnings per share and other indicators that earn the CEOs hugh bonuses. The average person doesn't know these thing so plese keep telling them. I agree 100% with opening up more areas for drilling. If it is true that big oil companies have millions of acres of leases they are not drilling in the government should take them back and give them to someone that will drill. Surely there are drilling companies that would love to have them. The head of Exxon said in BusinessWeek in May that Exxon will not build a new refinery in the US because he is happy with the price of oil and gas. They are not using their record profits to increase drilling or investing in new technology they are using them to buy back stock thus increasing earnings per share and other indicators that earn the CEOs hugh bonuses. The average person doesn’t know these thing so plese keep telling them.

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