Oil............ - Page 2

BlueStreak · #11 12-30-2009, 10:20 AM

Nope. We should not drill until every oil field on earth, except ours has been emptied.

But, I'm pretty sure that once the political winds start blowing in a more favorable direction for "Big Oil", the gas prices will hit $4-$5 a gallon again and we'll have Republican politicians yelling, "Drill, Baby, Drill!" again. And Rush and his offspring will twist it around to blame it all on the Left.

Oil profits will soar as the rest of struggle to keep our tanks full, and put food on the table.

But, hey, at least then we might be able to keep the queers from getting married, or the slackers from getting healthcare benefits, and everything will be as it should be......Right?

Dumbasses.

Dave

Boreas · #12 12-30-2009, 10:26 AM

Quote:

Originally Posted by doucanoe

Not yet, he's still working on "Total transparency in government" thing.

RC

So, he's having secret meetings in the White House with Big Oil? Giving them tax preaks? Letting them drill in ANWAR?

John

HatchetJack · #13 12-30-2009, 11:08 AM

Everyone wanted to blaim Bush and Cheney for being evil people but I think
the real reason we invaded Iraq was to keep the american dollar high. Saddam
threatened to sell his oil for euros only and if all of opec were to follow our
country and currency would collapse. Now Iran has gone to euros only and
has russia and several others behind them. We better watch that situation
closely as we all have a stake in our economy. Might not be that bad to be
in debt to China as they are holding the bag now. They go down with us if
not before. I think obama may just be doing as he is told.

BlueStreak · #14 12-30-2009, 11:40 AM

WHAT?

"doing as he is told." By whom?

Dave

doucanoe · #15 12-30-2009, 11:47 AM

Quote:

Originally Posted by Boreas

So, he's having secret meetings in the White House with Big Oil? Giving them tax preaks? Letting them drill in ANWAR?

John

I like the drilling in ANWAR notion. Maybe he has gotten his head out of the Coppenhagen foolishness and is being productive after all.

RC

piece-itpete · #16 12-30-2009, 12:02 PM

Quote:

Originally Posted by Boreas

So, he's having secret meetings in the White House with Big Oil? Giving them tax preaks? Letting them drill in ANWAR?

John

Nah, he saves his secret meetings for the evil pharmaceuticals.

Pete

Boreas · #17 12-30-2009, 12:22 PM

Quote:

Originally Posted by doucanoe

I like the drilling in ANWAR notion.

Optimistic estimates are that we could bring ANWR* online in 5 to 10 years. That, according to the USGS, would allow us access to somewhere between 6 and 16 billion barrels of oil and natural gas. Current US consumption of oil is a little over 7 billion barrels of oil per year.

ANWR isn't about ANWR it's about precedent. If the oil giants can get this done it'll be just that much easier for them to rape the next patch of pristine wilderness that strikes their fancy.

Quote:

Maybe he has gotten his head out of the Coppenhagen foolishness and is being productive after all.

RC

Fortunately, there's no indication that he's reversed himself on that. I think his accomplishments in Copenhagen, small as they were, prove his commitment to finding solutions to a very real problem.

John

*It's ANWR for Arctic National Wildlife Refuge", not "ANWAR" as I previously wrote.

doucanoe · #18 12-30-2009, 01:16 PM

Here you go.

http://pubs.usgs.gov/fs/fs-0028-01/fs-0028-01.htm

http://www.anwr.org/features/akeval.htm

We get our oil from all over. 10 countries if I am not mistaken and Saudi oil is our third or fourth largest supplier. Wind power, battery cars and perpetual motion machines are interesting but will not eliminate our need, or significantly reduce our need for oil. You mention Natural Gas, that may just be the answer.

RC

Charles · #19 12-30-2009, 01:28 PM

Well, we have to get the energy to meet our needs from somewhere. And domestic oil production would help the balance of trade. And create jobs.

But I keep forgetting that the American oil companies are evil. So let's keep enriching the likes of Chavez and ARAMCO.

Chas

Boreas · #20 12-30-2009, 01:51 PM

Quote:

Originally Posted by doucanoe

Here you go.

http://pubs.usgs.gov/fs/fs-0028-01/fs-0028-01.htm

Yes, that's where I got my figures on estimated reserves.

Quote:

http://www.anwr.org/features/akeval.htm

Help me out here. What was in that article that I should know? I didn't see anything about estimated reserves in ANWR or any place else.

I did, however, check out ANWR.org. It's an industry front group. I also went to an article on their site titled "How much oil is in ANWR?". Basically, they ducked the question. They say that there could be a whole lot but the only way to find out is to drill for it.

Quote:

We get our oil from all over. 10 countries if I am not mistaken and Saudi oil is our third or fourth largest supplier. Wind power, battery cars and perpetual motion machines are interesting but will not eliminate our need, or significantly reduce our need for oil. You mention Natural Gas, that may just be the answer.

RC

One of our main suppliers is Venezuela which may, in fact, have greater reserves than any other country in the world. Gives you reason to wonder why we're demonizing Hugo Chavez like we did Saddam Hussein, doesn't it?

By the way, did you know that we sell North Slope crude to foreign countries? China buys a lot of it.

John