Proposed BLM oil, gas auction stirring up protests

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  • Swiss Price, Utah
    Oct. 7, 2012 10:35 a.m.

    all leaseable mineral developers pay aroyalty on the development. Half of that royalty goes to the Federal Treasury an d half goes to the state in which the lands are located.

    About the viewshed I can and have pointed out that drill rigs are temporary on the land. They are not like the big white bird killing monstrocities that are usually placed on hill tops for as long as they last. Drilling is not allowed on hill tops to preserve Visual resources. Drill rigs are followed by nearly invisible drill caps never more than six feet high and only in place for the twenty or thirty year life of the well.

  • Itsjstmeagain Merritt Island, Fl
    Oct. 6, 2012 6:15 a.m.

    The United States citizens are giving their birthright away. The natural resources held under our feet should be retained and managed by our Govt. Ecuador, Chili, Argentina and others contract out for resource development and own all of the profits. We do not profit from harvesting the oil, natural gas and other resources, but pay them subsidies. Gas prices there are moderate with surplus revenue going to support the citizens.

    Why is this a better way? These countries have very low tax rates on their citizens. Health care is paid for, infrastructure, school needs and just about all Govt. operating costs are funded by this revenue. Currently three US ports are being modified to export natural gas. Asia pays 10 times the price for our natural gas than we do and Europe wants an alternative source to Russia.

    Is this Socialist, Communist or whatever flag you want to raise? Remember these corporations do work but under competitive contracts and do make a profit if they are good. Who gains to lose are the futures markets that yo-yo the market and other speculators on Wall Street. Who stands to win is the US.