Did you hear the news? Maybe not with the bailout discussions going on.
Yesterday, the House actually allowed off-shore drilling to become a reality along the east and west coasts. It needs Senate approval as well. but that is expected to happen.
The House didn't exactly vote for it - what they did was not vote against it.
Each year the ban, which has been in place for some 25 years, must be renewed. This year they didn't renew the ban, so they actually authorized it.
It may be a while before we see any results from this, but it's a start.
----
For more information on my coaching services or sales tips visit my website stevehoffacker.com or my blog homesalesinsights.com.
Nice. Certainly a step in the right direction.
I feel it is too. I just don't them to delay looking into alternative energy sources. You know, using this as anything more than a temp fix.
Steve- This is great news. Drill now, Save money, Drill now!
Mel,
It is a step in the right direction and long. long overdue. Thanks.
Steve
Toni,
I'm sure that alternative energy sources will be explored and developed, but this is a huge story that was virtually non-reported.
Steve
Nestor and Katerina,
Yes, it's great news. Yes, drill. Thanks for your comments.
Steve
Steve, I did see this, and it is good news! We need to get to our oil as soon as possible!
Great news Steve, and yes you are correct this is the first that I have heard of it....
Tony and Darcy,
Could something good be coming out of Washington? We'll see.
Steve
That is a great news. A step in the right direction
Teresa,
It is great news, and I suppose that's why it wasn't reported so much. :)
Steve
Terri,
I think this is a very important first step. Let's see where we go from here.
Steve
This is great news. It will take a few years, but I think it will help with the prices of gas and fuel.
Carol,
We've heard about vast supplies so we'll see if that's true and just how long it takes to get them out of the ground.
Steve
Let's go!
bo
Steve: Can't see that this will save anyone money, but it is a step toward energy independence. Exploring for, and initial set up fees for oil drilling are costly, and will be passed right down to us. But we are getting what we asked for.
Bo,
If only it were that simply, but this is a great start.
Steve
Chris Ann,
The way it can save people money is by increasing supply of natural gas and oil (from which we get gas). As I understand it, the fees, etc. are part of what the oil companies are already spending for R&D and exploration.
Steve
Hi Steve
Well it looks like the voted to maybe drill for oil. We can now look for oil were we don't if there's any and not drill were we know it existes.
Good luck and success
Lou Ludwig
Lou,
The nice thing about this change is that now companies can drill if they want to, and who knows, maybe some new players will get in the game - competition. :)
Steve.
Steve - That sounds like great news! I hope we keep moving in this positive direction... :)
Debi,
As long as Congress is willing to let it move forward and does not try to insert itself again. :)
Steve
I agree, no 'no' is a tentative yes. Hallelujah, its about time!
Lisa,
Absolutely, it's way past time. Next we'll have to get past the issue of where to do the drilling. :)
Steve
I also think we should be putting a lot more resources into nuclear energy. I know a lot of people are scared of it, but if the right safety precautions are built in, all should be fine. It would create tons of jobs and really give us some energy independence.
Lisa,
I know that many people agree with you on this - except the ones who count I guess. :)
Steve