Trueheart,
It is very troubling and frustrating that Bush gave into environmentalists in Florida. However, from what i understand is that states only control 3-4 miles out in the Atlantic and the Gulf. Therefore, the offshore areas that would be developed would fall under Ferderal control. What we need is an act of congress to lift the offshore drilling ban from 1981. Once that happens, the federal government could step in an take charge.
Either way, I don't think that we will see any movement on the ban of offshore drilling in the next 4-5 years, especially if we get a democrat in the white house with a democratic congress.
Oh well, lets look to international plays like every other major oifield service provider.
-faz
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