Let's drill more oil -- but do it differently

http://www.angelnexus.com/o/web/6071

This article is about the huge oil field under the US and the new
technology for extracting oil from shale.

The government should set up a program to allow the US Army Corp of Engineers to extract the oil in a manner safe for the environment. All oil recovered should be sold to oil refineries at the prevailing market price. The difference between the approximate $7 it cost to recover a barrel and the market price should go into the general revenue fund.

For instance today oil is quoted at about $130 a barrel. The $123 difference would go into the general fund.

It will cost a few dollars more to extract oil from shale -- but not much. Let us not be conned into thinking that only the pirates a Big Oil can drill it successfully.

Let's invest in alternatives.....This just keeps delaying the inevitable.

I'd hate to see what the shale mining will leave as a landscape here in Colorado. Probably something similar to a moonscape. No thanks.

Here's just one discussion:

http://www.theoildrum.com/node/3868

could do. Why do you think this generation should have claim to all the oil? Shouldn't some be preserved for future generations? Let's stop the endless wars and invest in new energy sources for the sake of all who follow us.

Lets not drill and lets make electric cars more viable please.

and investment newsletter?

Give me a fucking break!