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How Bush et al. take care of their oil ptch friends (and contributors)

by Dave Konkel [Moderator] / May 30, 2004 1:05 PM PDT
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Loved this part
by Diana Forum moderator / May 31, 2004 1:55 AM PDT

Bureau officials say they have to rely on companies to provide accurate accounts of their holdings because the agency's computerized records do not track transfers of lease operating rights or the ownership of divided shares of leases.

Companies and individuals that dominate federal oil and gas leasing have been major financial supporters of Bush and the Republican Party. Since the 1999, the top 25 owners of federal oil and gas leases have directed 86 percent of their $8.2 million in political donations to the GOP.

click here to email semods4@yahoo.com

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Just continuing previous administration's practices................

...no legal violations.....and picking on the Yates's is ridiculuous.
That family has been in the oil business since oil first
started in NM. Just ordinary people, ie faded levi's
and sweat stained hats, who had a granddaddy who was
smart enough to ID a market for himself. So leave 'em
alone. And just cause one of the current generation brothers
is a friend of mine, has nothing to do with it.

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They missed that part because...

it wasn't mentioned until the second paragraph.

They also missed the part about The government can cancel leases held by companies that exceed the cap. Agency officials acknowledge they have never done that nor denied a company's request for more time to comply. because it wasn't mentioned until the fifth paragraph and also because it makes it pretty clear that the agencies have never canceled leases (goes back to before Clinton's or the elder Bush Admins).

They didn't note that:

Denver-based Tom Brown Inc. was over the acreage limit in Wyoming from 1997 to 2000, while current Commerce Secretary Evans was the company's chief executive.


As Bush's campaign chairman, Evans raised millions of dollars from the oil industry for the winning 2000 campaign. When he resigned at Tom Brown before joining the Cabinet in 2001, Evans received a retirement package worth more than $5 million.


Likely because they noted that the company was in compliance by 2000 but had not been between 1997 and 2000. Makes it too apparent that this has nothing to do with Bush except as a platform for yet more of the Democrit "Smear Machine". (Dave likes that phrase)

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Re: Just continuing previous administration's practices....-- No, EXTENDING them

Hi, Del.

I note '97 as well, and thought about that. But under Clinton, it was merely a matter of allowing time to come into compliance after mergers affected the total allotment to a now-merged company. That's reasonable, I think. But under Bush, the time of the waivers is longer, and companies already over the limit are being allowed to add even more leases -- that NEVER happened under Clinton.

-- Dave K, Speakeasy Moderator
click here to email semods4@yahoo.com

The opinions expressed above are my own,
and do not necessarily reflect those of CNET!

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Re:Re: Just continuing previous administration's practices....-- No, EXTENDING them
But under Bush, the time of the waivers is longer

See my post. The times were similar under both so you have no basis for this charge. Since you haven't seen an itemization of every extension under Clinton, you also have no basis to claim that no out-of-compliance companies ever secured more leases during an extension period.

Evie Happy
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Re:How Bush et al. take care of their oil ptch friends (and contributors)
But the Bureau of Land Management, in charge of enforcing the 1920 law, has chosen to extend compliance deadlines for years.

When Anadarko Petroleum of Houston asked for a two-year extension to get back into compliance after a 2000 merger with Union Pacific Resources put it over the limit in Wyoming, the bureau said yes. That was the case, too, for a 2002 request by Encana Oil and Gas of Canada.

2000 that would be Clinton. 2002 Bush.

No *there* there yet again. As our economy grows, our energy needs grow, and unless you want to continue the disgraceful Clinton policies that led to our increased reliance on foreign sources, the increased use of federal lands is inevitable and sound energy policy.

Evie Happy
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Re: How Bush et al. take care of their oil ptch friends (and contributors)

Hi, Evie.

>> In the first 15 months of Anadarko's extension, the company acquired 70 new leases in Wyoming totaling more than 100,000 acres. A year after granting Encana the extension, the bureau allowed Encana to acquire two new leases totaling more than 2,000 acres in the state. <<
That would be under Bush. Under Clinton, they were given time to dispose of the excess leases in an orderly fashion, but Bush's folks are letting them ADD to the leases -- a BIG difference. BTW, the leases are still capped by law at a maximum return of $200 per year per acre to the Feds, a figure that (like mining rights of $5 per acre) hasn't been changed since $5 was a decent daily wage -- a major rip-off of public assets for private profit. There have been numerous efforts to raise them over the years, but Republicans always block them.

-- Dave K, Speakeasy Moderator
click here to email semods4@yahoo.com

The opinions expressed above are my own,
and do not necessarily reflect those of CNET!

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More baseless allegations
In the first 15 months of Anadarko's extension, the company acquired 70 new leases in Wyoming totaling more than 100,000 acres. A year after granting Encana the extension, the bureau allowed Encana to acquire two new leases totaling more than 2,000 acres in the state.

Anadarko relinquished 50 of its leases to meet a deadline this April 30 to get back under the acreage cap, Lonnie said. Encana has until October to comply. Four other companies that had gone over the cap in Wyoming since 1997 are now in compliance.


The merger was in April 2000 so at least some of those 15 months came under Clinton or while Clintonites were still manning the posts in the bureau. Let us note, however that Anadarko came into compliance under Bush. Four other companies that have been out of compliance SINCE 1997 (Clinton) are now in compliance.

Look elsewhere for your herrings Dave.

Evie Happy
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Also ...
BTW, the leases are still capped by law at a maximum return of $200 per year per acre to the Feds, a figure that (like mining rights of $5 per acre) hasn't been changed since $5 was a decent daily wage -- a major rip-off of public assets for private profit. There have been numerous efforts to raise them over the years, but Republicans always block them.

Link please? Quite frankly it's time to reduce the lands owned by the Federal government where the purpose is to control various industries. It is de facto socialism.

Evie Happy
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Re:How Bush et al. take care of their oil ptch friends (and contributors)/as I read it

Bush has had since 1920 to correct this! Just what the heck has he been doing for the past 84 years!?

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