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  1. #1 Oil Prices drop at mere suggestion we will drill offshore 
    Senior Member Constitutionally Speaking's Avatar
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    The President announced that he was lifting the executive ban on offshore drilling and even though the congress still must do the same, it STILL was enough to send oil prices down dramatically. I can see nothing else that happened that would have dropped it.

    Think about what would happen if the congress also lifted the offshore ban and if they reversed their recent vote to disallow the drilling for the 2 TRILLION (a couple of HUNDRED YEARS worth) barrels in the rockies.
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    Power CUer FlaGator's Avatar
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    Quote Originally Posted by Constitutionally Speaking View Post
    The President announced that he was lifting the executive ban on offshore drilling and even though the congress still must do the same, it STILL was enough to send oil prices down dramatically. I can see nothing else that happened that would have dropped it.

    Think about what would happen if the congress also lifted the offshore ban and if they reversed their recent vote to disallow the drilling for the 2 TRILLION (a couple of HUNDRED YEARS worth) barrels in the rockies.
    But the libs will want it voted down on principle. The principle being that they'll lose and election if gas prices come down and they'd rather tank the economy that lose to a conservative.

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  3. #3  
    Senior Member LogansPapa's Avatar
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    "Drilling" in the Rockies?
    At Coretta Scott King's funeral in early 2006, Ethel Kennedy, the widow of Robert Kennedy, leaned over to him and whispered, "The torch is being passed to you." "A chill went up my spine," Obama told an aide. (Newsweek)
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  4. #4  
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    Quote Originally Posted by LogansPapa View Post
    "Drilling" in the Rockies?
    Oil shale. Geez, man. Try reading some sources other than your usual "big oil"-hating left-wing crapola rags.
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    Senior Member Constitutionally Speaking's Avatar
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    Quote Originally Posted by LogansPapa View Post
    "Drilling" in the Rockies?
    Yep. To go after the oil shale it is no longer necessary to strip mine.
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  6. #6  
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    Quote Originally Posted by Constitutionally Speaking View Post
    Yep. To go after the oil shale it is no longer necessary to strip mine.
    Even with strip mining, the enviromentalists can do a greyt job reclaiming the land. There are some in this area that are beautiful parks now.

    It's sad when a political party will do absolutely anything to win, no matter how much suffering they bring to the people of our country.
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    Senior Member LogansPapa's Avatar
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    Quote Originally Posted by jinxmchue View Post
    Oil shale. Geez, man. Try reading some sources other than your usual "big oil"-hating left-wing crapola rags.
    Quote Originally Posted by Constitutionally Speaking View Post
    Yep. To go after the oil shale it is no longer necessary to strip mine.
    Do either of you have any concept of the energy that's required to extract that oil from the ground?
    At Coretta Scott King's funeral in early 2006, Ethel Kennedy, the widow of Robert Kennedy, leaned over to him and whispered, "The torch is being passed to you." "A chill went up my spine," Obama told an aide. (Newsweek)
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  8. #8  
    Senior Member Molon Labe's Avatar
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    Quote Originally Posted by Constitutionally Speaking View Post
    The President announced that he was lifting the executive ban on offshore drilling and even though the congress still must do the same, it STILL was enough to send oil prices down dramatically. I can see nothing else that happened that would have dropped it.

    Think about what would happen if the congress also lifted the offshore ban and if they reversed their recent vote to disallow the drilling for the 2 TRILLION (a couple of HUNDRED YEARS worth) barrels in the rockies.
    I believe it has far more to do with oil speculators seeing that the economy is tanking. Their investments aren't giving them much of a return when people decide to cut back on expenses and driving
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