And the Keystone XL pipeline has nothing whatsoever or is usable by the United States. Never was. But the reporters are using it as bait and deflection.
There’s a good reason many stockpiled leases remain undeveloped: there may be no oil and gas to be found there, or companies discover that it’s not economically feasible to drill, said Angela Franklin, a partner at Holland and Hart LLP in Salt Lake City who represents industry clients.
“We don’t get to pick and choose where the oil is located,” she said, adding that there’s a “tremendous amount of acres that is not developed and may never be developed” because companies haven’t found oil or gas. It’s also possible companies have leases on too little land in one place to justify drilling there, she said. Clear Message
Environmentalists don’t buy that rhetoric.
“I think the volume of acres and permits already not being used tells us their pace of drilling to date has not allowed the industry to use all the acreage and permits available,” said Nada Culver, senior policy counsel for the National Audubon Society.
“As a result, the industry is unlikely to experience some kind of immediate, devastating impact from the Executive Order,” she said.
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