i dont think it would increase oil price it would just increase the oil companies costs on deep well operations i cant see it costing more than 150% what it costs for 1 well. but i have no idea
but if a rig deep well cost 300 million to build spending 500 million for 2 wells could not be a huge adder to oil prices if any, but im just guessing here
but a politically expidiant blanket moritorium would make oil prices go higher and lose gulf states thousands of jobs and make the economy worse
and the dirty little secret about that is, the experts did not recommend a blanket moritorium but the government actually lied and said the experts did recomend a blanket moritorium. after which the experts came out publicly and said the government had distorted thier recomendations,
and this is why the judge in louisiana did not allow the governemt to proceed with the moritorium after the gulf states sued, and now obama and GovCo are changing thier case to remove this blatent lies/distortions that they told and are sending it for appeal.,
now i cant understand how u guys could support a lier like that, such a blatent and proven lie,
shit if it was bush who did that he would be a scumbag too in my book, trying to pass things that hurt our country just so he can look better in the polls? man that is dispicable and truley reveals how dangerous this man is to our nation,
i showed you a simple example where he is trying to hurt america just to make himself look good. thats the shit the bad guys do in movies no? the good guys dont do that
im telling you obama and his network are very smart and skilled. one thing they are not is patriots, they do not agree with the constitution they want to change what america is
and i love america i was gonna say i would die for it. but i dont think i would wanna die for it if people like him are just going to ruin it later anyway why stick my neck out.
we should be routing for our country first. not be blinded by our pesonal party affiliation. if a blanket moritoriom is not necessary and if a partial one is truley what is needed. they should do the right thing
instead of do the blanket moritorium thing to please thier uninformed base