View Poll Results: Did you vote for evil oil or protecting the caribou?
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I want to drill now and cut dependence on foreign oil.
Nooo, never, they might destroy the environment.
Haven't decided yet.
Thread: Drill Now?? Yes/No
06-30-2008, 01:57 PM
What ever happened to the Wolverine find in Utah that was alleged to have a bil. + barrels, the 2 + bil. in the Dakotas. What about the fact that Alaskans want to access the resources in their state. We are a Republic, and yet Federal obstruction by career politicians with leashes around their necks held by nefarious characters, are making the American people slaves in our own country. How 'bout that run-on sentence!!!
06-30-2008, 01:59 PM
Newt is right except I don't blame speculators for much of the problem. The ONLY reason they are having any impact at all right now is because the demand is exceeding supply and any POSSIBLE interference with supply gives them a reason to panic/take advantage of that panic.
Currently world demand exceeds production by @ 1 million barrels per day by simply overcoming that shortage and by providing enough cushion in the supply/demand equation to head off the panic, prices would drop dramatically.
In 2004 we had a surplus of daily oil demand of @1 million barrels and prices were half what they are today. There is no reason to believe that producing a surplus of similar amounts would not result in a similar price now.
The liberals are able to fool many people by saying drilling in ANWR (OR in the Pacific, OR in the Gulf, OR in the Atlantic etc.) is not likely to affect prices significantly - citing administration studies that say the same. What they neglect to tell people is that ANWR (OR in the Pacific, OR in the Gulf, OR in the Atlantic, OR under the Rockies etc.) is not the question. The proper question is whether drilling in ANWR AND in the Pacific AND in the Gulf AND in the ATLANTIC AND in the Rockies etc., would affect prices. You see, by isolating each individual oil field, they minimize the potential impact. That is the way they fool people. It is similar to the power of water. A single drop or even a single thunderstorm does not have all that much power, but billions of rain drops and a combination of thunderstorms can have a devastating effect, having the power to destroy whole regions.
Individual oil fields may or may not have all that much impact by themselves, but combined with others, the power to bring down prices is awesome. The impact is not linear, it is exponential, each bit of extra oil supply over the amount of demand has more of an impact that those that came earlier - because each extra barrel of oil is not now just going to meet demand, it is going to offset potential disruptions. That would take the spectulators out of the equation WITHOUT harming the industries that are buying futures as a hedge against unknown price increases.
06-30-2008, 02:03 PM
Lawsuits brought by Democrats/Socialists in the Environmental movement and Prohibitions and excessive regulations brought on by Democrats/ Socialists in congress.
It makes things excessively expensive and incredibly slow to bring things like this to hit the market.
06-30-2008, 02:04 PM
wait till a hurricane get into the Gulf. We Floridians can't WAIT til we have to choose between food or fuel, again.
06-30-2008, 02:08 PM
I'm truly stunned by peoples reaction to or lack of reaction when we're told it'll take decades. I hate to say it but JFK was the last one to say, and I'm gonna paraphrase, "we're gonna do this and the other things, now shut up and do it."
06-30-2008, 02:14 PM
06-30-2008, 02:28 PM
It's sad actually. The perception that our "leaders" have Americas interests at heart. I try so hard not to become part of the tin-foil hat club, but it becomes more clear by the day that it is purposefully being done to cripple or destroy our Union. Does no one recall the works of Marx, the deeds of Lenin, the actual truth of what Liberty means. The selfish ideologies of the Left and the inaction of the so called Right are driving us to sub-servant beggars. Please sir, could I have some more oil.
06-30-2008, 02:31 PM
- Join Date
- May 2008
Last edited by lacarnut; 06-30-2008 at 02:33 PM.
06-30-2008, 04:30 PMThe 21st century. The age of Smart phones and Stupid people.
It is said that branches draw their life from the vine. Each is separate yet all are one as they share one life giving stem . The Bible tells us we are called to a similar union in life, our lives with the life of God. We are incorporated into him; made sharers in his life. Apart from this union we can do nothing.
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