Reply With Quote
blame david stern.
And THAT is how short America's attention span is. A nation of gnats. You'll be crying, hard, a few years from now. That problem ain't goin' away.
blame david stern.
Breaking news: Obama won the election.
And what planet do you live on? In the new Obamination they aren't only not gonna drill they are gonna tax offshore drilling in the gulf.
Its not cost efficient for the oilcos to expend all those resources since the price of oil fell so much.
Cap and trade scares the living outta me.
If that passes, our plant here is done.
Anyone who thinks carbon dioxide is a pollutant is dumber than the plants that need it to produce the oxygen we humans seem to enjoy so much.
"THAT'S RIGHT I SAID IT!!!" -- Mark Levin
Cap and trade is absolute insanity. It's nothing but an outrageous half trillion dollar sales tax that will wreck our economy.
Conservatives, who pride themselves on "free markets", often totally fail to understand the basics of how those free markets actually work.
Even *IF* you drilled the out of domestic oil stocks and got all of that capacity online instantly so that you could supply 100% of our oil needs domestically, you would STILL be vulnerable to the price of oil in the rest of the world, and any disruptions that might entail.
I dare the thread starter to say why, if he even knows. I highly doubt that the OP knows enough about market economics to be able to explain why/how.
Obama is being criticized for trying to solve too many problems at the same time... I'll tell you one thing...this never would have happened if Bush were still president.
Not to mention kill trucking companies and other businesses that rely on trucks, wich, move goods across america.
I mean, but hey, they are rich, they can afford it!!!
Well fixed.
Well fifyed.
I heard Britney is about to go back on tour.Whatever happened to 'Drill Here, Drill Now'
the oil/gas co's have drastically cut back their drilling as the price of oil makes most of America's new wells not worth it.
America already has 500,000 oil wells. average barrels/day is way under 100, something like 5 or 10.
Still waitin'.
The causes of this trend are not the environmental laws that the ignorant seem to love to villify.
It is simply the physical inevitability of depletion of oil fields.
"drill here, drill now" is nothing more than a large group of people demonstrating they know nothing of free market economics, or energy production.
OIL PRODUCTION MODELS - - USA - actual past production and projections
The next chart shows the model by the most recognized expert (Dr. M. King Hubbert) regarding predicting oil discovery, depletion and production looking forward into the future.
This model shows Oil Production - - for the LOWER 48 STATES - - ACTUAL PAST HISTORY data (green squares), AND PROJECTED future data (green curve for Hubbert curve and dark green curve for the Gauss or " normal " curve), and for ALASKA (blue line).
Note declining production actual production for both lines up to the year 2000 - - and declining projections beyond.
And, note the original prediction of Dr. Hubbert for the lower 48 states, which is the black dotted line just under the green.
Also note actual data departs from the model when a drastic political or economical event occurs (depression, high oil price, etc.), but quickly data return towards the curve.
Although we are primarily interested in USA data, the chart also includes a red FSU line for the Former Soviet Union.
It's interesting to note the accuracy of Dr. Hubbert's modeling approach when applied also for the Soviet Union, since actual FSU production has and is following amazingly close to his model predictions (which are the underlying red X's).
Dr.Hubbert's prediction in 1956 that U.S. oil production would peak in about 1970 and decline thereafter was scoffed at then but his analysis has since proved to be remarkably accurate. Note: The late Dr. Hubbert, American geophysicist working at the S Oil research laboratory in Houston, developed sophisticated models regarding world oil discovery, depletion and production - - this analyses is an amazing technical achievement.
His well-renown models, which were originally developed for U.S. and World oil as a single cycle, are widely accepted by nearly all serious technical experts in the world - - and can be applied with several cycles to all regions which are producing at full capacity. Countries of the Persian Gulf not producing to full capacity (swing producers) cannot be modeled with such a curve since actual production is not led by geology and physics, but by politics. Above Chart provided by Jean Laherrère
One can read more here:
They are big fans of coal energy, FWIW. I think we can do a bit better, but know that coal will continue to be a large part, if not dominant part of our energy mix.
http://mwhodges.home.att.net/energy/energy-a.htm
is this also a porn le?
I believe it is...starring Lefty McCain's fat ass skank daughter.
The price of oil in the rest of the world had less to do with the exploding prices last year than the speculators pushing the prices up with no way of mitigating it with domestic sources of oil. When president Bush lifted the ban on offshore drilling, the speculators suddenly lost confidence and the price of gas corrected before a single drop of oil entered the economy. If we are committed to moving away from petroleum based energy, then using what we have to keep the prices under control and prevent damage to our economy doesn't seem like a bad idea, at least until all the alage farms are in place.
F-
Fail.
You could double US domestic oil production instantly, and that would have very little effect on the price of oil in the global market.
As I said before: If we produced enough oil to supply 100% of our oil needs TODAY, we would still be vulnerable price-wise to potential dispruptions in the middle east, or venezuala.
I am STILL waiting for ANYBODY who thinks that increasing domestic drilling by getting rid of the big bad environmental laws is a good idea to explain that. All it takes is some SLIGHT knowledge of economics, and yet I will never really get anybody in the "drill here, drill now" camp to say it.
Either they don't know why, which is sadly the case 99% of the time, or they won't admit it even if they did know.
To think that "drill here, drill now" will make a spit's worth of difference in oil prices, short, medium, or long, term is to simply demonstrate a lack of even a fundamental knowledge of economics.
Your youth and ignorance is showing.
I'm not necessarily for drilling out and using up all the US reserves, but I AM against publicly preventing them from being explored and for political reasons (global warming) from preventing them from being produced. I don't necessarily want to drill and produce them but I want them legally AVAILABLE for production.
OPEC knows what our current production is. OPEC knows how much we use. OPEC knows that if we HAVE to make up the difference by buying from them then they can basically set the world price by increasing/reducing production.
If the US handicaps itself by making it ILLEGAL to increase US production (at any price) then we abdicate any control or influence over supply and demand pricing in the market. Just the THREAT of increased US production is enough to temper the market volatility.
Um, I wasn't making these things up. Bush lifted the ban and oil prices started to drop. Gas prices followed about a month behind. These things actually happened. There was ZERO increase in domestic production and the market suddenly stabilized. Go back and look at the timeline. OPEC sets oil prices, and our ability or inability to produce determines the amount of control they have over us, as one of the largest customers.
And you're just as wrong now as you were the first time you said it. We have enough domestic oil in reserve to sustain us long enough to ramp up production, and enough of that to give us time to migrate to new energy sources. The biggest problem with that is we only think about new energy sources when oil prices are out of control, which is why the president correctly stated during the election that high gas prices will probably be necessary to spur Americans into action. That said, when the environmentalists start riding bikes, we'll know they're not just paying lip service to their ideology.
Probably because you don't have the slight knowledge of economics required to discuss it, nor do you have the ability to set aside your political leanings long enough to objectively analyze the situation.
So faced with facts, you go right back to the same song you were singing beforehand. I had forgotten why I don't bother posting in the political forum. Thanks for the reminder.
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
