We have it,see my 360 page,why won't more people invest in domestic oil production?

Answer 1

I'd imagine that people are a bit bitter about being reamed on a daily basis by the Megaconglomerate oil companies.

Answer 2

Frankly, because they are uninformed. If today speculative investor understood what is going on in the middle east oil and gas productions Fields as well as why oil and gas exploration ended in the lower 48 states 40 years ago they would be knocking on the doors of the small publicly held explosions companies looking for a way in. Just a little investigation would turn a lot of heads an as long as the industry can stay ahead of the social environmentalist this country CAN be very self sufficient and with an infrastructure investment over the next ten to fifteen years in refineries there is the chance we can change the way the system works world wide. This does not mean that investment in alternative fuels like bio diesel of E85 are not good investments but without a solid source of petro chemicals the world will quickly see what those products really cost to produce and use.

Answer 3

Hello rdclaw2000

Because there isnt any shortage of Oil . The shortage is in Oil Refineries .There hasnt been a new oil refinery built in the United States in nearly 30 years .

Ol refineries are expensive to start up , heavily regualted and profit margins slim. The lack of Oil refinery capabilities helps the oil companies maintain a "tight" market which keeps the price of Gasoline and their profits high.

If you want more domestic fuels , Ethanol and specifically E85 is produced domestically in the Midwest States , is a far cleaner fuel for the enviroment ,and there are already 5 million vehicles capable of running on E85 .

Answer 4

More people don't invest in it for a number of reasons. First, the lobbying and political nonsense that individuals would need to go thru to be allowed to drill would not be worth the trouble. Second, the easy oil has all been found. The cost to find new sources of oil are pretty expensive with no guaranteed payoff.

Answer 5

Why won't people invest in alternative fuel sources that are environmentally friendly and will render us independent of the need for oil?

Answer 6

um because american workers demand wages that the market won't bear

um, because of the jones act rooted in maritime law that exempts seamen from the worker's compenstation programs and makes them "wards of the court"

um, because the oil prices are volatile and i believe they will fall shortly

Answer 7

This is probably a solicitation violation.

Answer 8

it pollutes