Twisted? Who's views are twisted on this thread? <i>If you want the government to flat out give away leases .....</i>
Who here, other than you, would construe that I wanted the government to give away the OCS leases wrote about above. I provided documentation that the government does NOT give away leases, to the contrary of your fantasies. The leasing of temporary drilling rights is as open and fair market transaction as can be found anywhere averaging $500 an acre and has resulted in bids as high as $50,000 / acre.
I'm just talking about the $79.8 billion in total lease bonus. Royalties are many times higher. <i>Of the $7.6 billion revenue in FY2006, $6.5 billion was from royalties</i> <a href="http://www.au.af.mil/au/awc/awcgate/crs/rl33493.pdf" rel="nofollow"> Page CRS-6 of Jan 2008 "Debate over Oil and Gas Leasing..." Report to contress.</a>
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