Reply #5: Other leases

[MH1]

Based on what I read in JK's speech from Monday, the other leases are in areas where the price differential isn't good enough. In other words, the oil companies can profit more, faster, by spoiling ANWR than by drilling in those areas that have already passed environmental permitting.

JK was suggesting that, instead of spoiling wilderness that once spoiled, can never be restored, we should consider providing subsidies to incentivize drilling in the areas already permitted.

I understand JK's first priority and the right answer to be developing alternative energy sources. I think the subsidy idea is JK's "third way" suggestion to say hey, if we really need to drill for oil so badly, there are other ways we can get there, without spoiling wilderness.

God, I love this guy. (why didn't I pay attention to him before 2004? :kicks_self: )