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Tuesday, August 5, 2008

The Not-So-Great Energy Debate


Let them lease...but with strings attached.

1) Time limits. Produce withing x months or lose the lease.

2) Pay Royalties to citizens in the states where oil is pumped as they do in Alaska. After all it is under public domain so why should private oil companies be allowed to take public property for private profite without paying us for the oil? They have to pay OPEC for oil don't they? Are we equally entitled ?

3) Require that fuel prices will factor in local cost per barrel, not the OPEC price.

4) Establish a fixed "profit margin" over cost for the fuel they sell.
About Oil
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