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entroperJun 19, 2008
If we began drilling offshore, oil prices would actually fall, because speculators trading in oil futures would bet on prices to be lower in the future. But that's only because we are allowing the speculation in the first place, which has contributed greatly to the wide variability in oil prices we've seen over the last few years.
jethrisJun 19, 2008
Anytime you say that you can count on a politician to keep his campaign promises, you lose credibility. You can't count on anything, but hope for the best.
lonewolfsanscubJun 20, 2008
Draaaainaaaage!!!!
Closed AccountJun 20, 2008
The reason for the "oil crisis."Part 1:<a class="user" href="http://youtube.com/watchv=NbakN7SLdbkPart">http://youtube.com/watchv=NbakN7SLdbkPart</a> 2:<a class="user" href="http://youtube.com/watch?v=UGGjbDjnNzw&feature=relatedPart">http://youtube.com/watch?v=UGGjbDjnNzw&feature=rel ...</a> 3:<a class="user" href="http://youtube.com/watch?v=q39ic04vhNo&feature=relatedPart">http://youtube.com/watch?v=q39ic04vhNo&feature=rel ...</a> 4:<a class="user" href="http://youtube.com/watch?v=ZKCyCYz_aHY&feature=relatedPart">http://youtube.com/watch?v=ZKCyCYz_aHY&feature=rel ...</a> 5:<a class="user" href="http://youtube.com/watch?v=7TYmSGwAumk&feature=relatedPart">http://youtube.com/watch?v=7TYmSGwAumk&feature=rel ...</a> 6:<a class="user" href="http://youtube.com/watch?v=fbwMOvV6ctg&feature=relatedPart">http://youtube.com/watch?v=fbwMOvV6ctg&feature=rel ...</a> 7:<a class="user" href="http://youtube.com/watch?v=L5HGHsy3H_0&feature=relatedPart">http://youtube.com/watch?v=L5HGHsy3H_0&feature=rel ...</a> 8:<a class="user" href="http://youtube.com/watch?v=CC61X78-OI0&feature=related">http://youtube.com/watch?v=CC61X78-OI0&feature=rel ...</a>
tracyallenJun 28, 2008
Thanks for writing what so many of us are thinking....Some people need a refresher course on "supply and demand".
planet87Jul 3, 2008
Not to mention: Meanwhile: The U.S. Senate on Tuesday blocked debate of a bill to offer about $17.7 billion in tax incentives for consumers to build renewable energy sources like windmills and solar arrays, and buy plug-in cars that run on electricity rather than gasoline.NEWS FLASH: US SENATE is controlled by Democrats... not Republicans.
lilycat1Jul 3, 2008
The fact that there are large areas that can be drilled off shore is clouded by another fact; all the legal wrangling that has led to restrictions on just such activity. Prohibition doesn't do us much good in getting that oil to market. You can cry about high oil prices on one hand, but to then hog tie the oil companies from exploration and drilling is hypocritical at best and dishonest at worst. There are hundreds of smaller upstream and downstream companies involved with everything from exploration to refineries that are being hurt along with those of us paying outrageous prices for petroleum products. The offshore marine companies, drillers, refiners, oil field services companies all hire people.....when they can work. The media and environmental lobbyists prefer to lob their grenades at "big oil". So costs go up, jobs are not filled and no one is the better for not exploiting our resources.
ownwonnowJul 12, 2008
Here's the deal. You can throw money at alternative fuel research from now until doomsday and never discover an efficient viable alternative. You don't think significant research dollars are already being spent not only by the United States government, but also by the governments of every industrialized nation on Earth and not to mention several private companies that have financial gain as their goal? Money is being spent. Lots of it. But money does not ensure the creativity of the human mind. In spite of public opinion, you can't wash all of your problems away with the money hose.Until technology solves the problem (and I have absolutely no doubt that it will - because it must), we need to hedge our bets by doing what we can ease the transition from fossil fuel to the alternatives. My point is that we can spend sure money that will help the problem. Will it solve it? Absolutely not, but in the mean time it will relieve discomfort. Drilling off shore and in ANWR will cut about 5% of the money that would otherwise be spent in the Middle East in the United States. It will create good jobs, invest money in the United States, relieve some pressure from speculators, and prop up the dollar, which could give the American population as much as 10% relief from gasoline prices. So explain to me the disadvantage in that.But here's the state of alternative fuel sources for automobiles: Hybrid - are a crutch that give an extra 10-20mpg to get a mpg from an engine that one can get from a small V4 with a manual transmission. The entirely electric car is at the same stage of development with hydrogen fuel cells - they're about a decade or more off. Biofuels come with their own set of problems, not the least of which is that they're less efficient than petroleum under teh best of circumstances, and have the unintended consequence of increasing food prices. And aas far as I can tell, Oil is the only "energy" problem that we have, and we use that primarily for transportation.So while we're waiting and hoping for technology to save us, which is just as far off or longer as waiting for these oil platforms to come online, we can attack our transportation problem from a variety of angles that we can implement in the here and now rather that throwing money at some schmucks in a white lab coat and pray to God that they're smart/dilligent enough to find a solution. Meanwhile they can afford the $10/gallon gas prices because he just got a big fat check from the Democratic bureaucracy.You say drilling for oil as a bandaid is short-sighted. I say passing the buck and waiting for a solution to fall in your lap is flat-out blind.People telling me about how we're going to make the transition to alternative fuels in ten years reminds me of people back in the 50s saying that by 2000 we'd be making weekend holidays to the Moon, and driving to Australia in our flying car.
ownwonnowJul 12, 2008
Whoops. A clerical error. My world is over.So yeah. It's only take Exxon a century to be slightly ahead of where it once was. How unfathomable.
ponchiettoSep 9, 2008
Which part of "3 to 4 cents a gallon at most" did you not understand?
ponchiettoSep 9, 2008
Given that the first drop of oil would be produced in 7-10 years from now, and the impact on price is estimated in 3-4 cents per gallon, how would thatexactly help?Maybe it's not fear, their are just being scammed. As usual.Source:<a class="user" href="http://www.time.com/time/business/article/0,8599,1815884,00.html">http://www.time.com/time/business/article/0,8599,1 ...</a>