I’ve decided, for the good of the country, to support the democrats plan to make oil companies give up their leases on land they are unwilling to drill on

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Democrats are sold part and parcel on this scheme they have concocted to make it look like they actually want to drill.  They don’t want to drill.  They never wanted to drill.  If they wanted to drill they would have drilled years ago.  This is all a bunch of election year pandering.  So I say, give them some rope and let them hang themselves because democrats are to markets and economics (and now geology) what fish are to bicycles.

They are going to get these leases back because the current owners know it is not worth the expense to develop them.  The oil is too sparse and too low grade for the massive capital investment required to get at it.  I mean if Exxon –Mobil thinks it’s a waste of money, there is not much hope that any of the other oil companies will see it any different.  No one is going to buy them, and no matter how much oil the lefties claim is there, not one drop of it is coming out of the ground unless it’s from an existing well.  And they can’t do a damn thing about it

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But they might want to try.  So remind me how big government liberals convince people to invest in energy projects with no obvious hope of sustainable profitability?  Why, they give them truckloads of our tax dollars—as many as it takes to cover the loss a private company would have to risk if it went in on the project alone.  That’s right.  In order to make this plan work democrats would have to give “hand-outs” to oil companies.

It’s perfect.  They just can’t do it.  The Maxine Waters plan to use the government to take over the oil companies isn’t going to fly.  It’s just another empty-headed promise for a solution which democrats are not even remotely equipped to solve.  They have no solution that will not increase the cost of energy.  Not one.

I say let ‘em hang