Topic: Bush Says Drill, Drill, Drill — and Oil Drops $9!
mnhiker's photo
Wed 07/16/08 09:53 AM


Anyways, I've said what I need to on this topic. And, I'm off to bed. I know many people personally and myself included who would jump on the opportunity to enter into energy fields of oil and natural gas if there was a huge increase of employment opportunities and benefits.


But those people and you are ignoring the facts provided by experts. You are only listening to what the NeoCons and the oil companies are telling Bush to say! He too is ignoring the experts opinions just like he did before invading Iraq!

Also, we do have the technologies, a combined number of them needed to change in less time than we can lift the oil from the ground! Plus these technologies, combined, will produce far more employment opportunities than oil drilling!

Even if Congress lifts the law keeping them from drilling tomorrow. They will still have to battle every State government who's shores they wish to drill off of, negotiate deals with the ones that let them, destroy natural wilderness refuges, and battle every ecological group in the nation before they can even move an oil drilling platform into place!

This is not Russia, Venezuela, or Cuba where the government can just do what they want without confronting the people or following proper procedures!


Fanta,

I agree.

While additional drilling might serve our short-term needs, it will not solve our energy problems in the long run.

We need to increase efficiencies and develop more alternative sources of energy.

wiley's photo
Wed 07/16/08 09:56 AM



Anyways, I've said what I need to on this topic. And, I'm off to bed. I know many people personally and myself included who would jump on the opportunity to enter into energy fields of oil and natural gas if there was a huge increase of employment opportunities and benefits.


But those people and you are ignoring the facts provided by experts. You are only listening to what the NeoCons and the oil companies are telling Bush to say! He too is ignoring the experts opinions just like he did before invading Iraq!

Also, we do have the technologies, a combined number of them needed to change in less time than we can lift the oil from the ground! Plus these technologies, combined, will produce far more employment opportunities than oil drilling!

Even if Congress lifts the law keeping them from drilling tomorrow. They will still have to battle every State government who's shores they wish to drill off of, negotiate deals with the ones that let them, destroy natural wilderness refuges, and battle every ecological group in the nation before they can even move an oil drilling platform into place!

This is not Russia, Venezuela, or Cuba where the government can just do what they want without confronting the people or following proper procedures!


Fanta,

I agree.

While additional drilling might serve our short-term needs, it will not solve our energy problems in the long run.

We need to increase efficiencies and develop more alternative sources of energy.


And yet this same time last year the excuse for the rising gas prices was lack of refining capability. Has that suddenly changed?

Or do people think oil just magically turns into gas once its drilled?

Winx's photo
Wed 07/16/08 09:58 AM




what confused me was the timing, he's been president for hmm 2 terms and now in July of his last term, now he wants to drill.


There is nothing confusing to me about that one. It makes the Republicans look good right before the election. It didn't matter what we needed in the time prior to that. JMO.



ding ding ding ding Winx - exactly my point flowerforyou wouldn't say it makes a "party" look good, I would say Bush is trying to look good, to compensate or try and make amends. JMO


You two make me proud of American Women!!

Now,
Do y'all have red, white, and blue bikinis?

Just dont swim around quicksteppers and Bush's Oil wells. They might get dirty!!!


laugh flowerforyou

No bikini here.noway laugh

franshade's photo
Wed 07/16/08 09:59 AM





what confused me was the timing, he's been president for hmm 2 terms and now in July of his last term, now he wants to drill.


There is nothing confusing to me about that one. It makes the Republicans look good right before the election. It didn't matter what we needed in the time prior to that. JMO.



ding ding ding ding Winx - exactly my point flowerforyou wouldn't say it makes a "party" look good, I would say Bush is trying to look good, to compensate or try and make amends. JMO


You two make me proud of American Women!!

Now,
Do y'all have red, white, and blue bikinis?

Just dont swim around quicksteppers and Bush's Oil wells. They might get dirty!!!


laugh flowerforyou

No bikini here.noway laugh


yikes didnt notice this post Fanta...
wouldnt wear a bikini period - why the personal comment?

no photo
Wed 07/16/08 10:00 AM




Anyways, I've said what I need to on this topic. And, I'm off to bed. I know many people personally and myself included who would jump on the opportunity to enter into energy fields of oil and natural gas if there was a huge increase of employment opportunities and benefits.


But those people and you are ignoring the facts provided by experts. You are only listening to what the NeoCons and the oil companies are telling Bush to say! He too is ignoring the experts opinions just like he did before invading Iraq!

Also, we do have the technologies, a combined number of them needed to change in less time than we can lift the oil from the ground! Plus these technologies, combined, will produce far more employment opportunities than oil drilling!

Even if Congress lifts the law keeping them from drilling tomorrow. They will still have to battle every State government who's shores they wish to drill off of, negotiate deals with the ones that let them, destroy natural wilderness refuges, and battle every ecological group in the nation before they can even move an oil drilling platform into place!

This is not Russia, Venezuela, or Cuba where the government can just do what they want without confronting the people or following proper procedures!


Fanta,

I agree.

While additional drilling might serve our short-term needs, it will not solve our energy problems in the long run.

We need to increase efficiencies and develop more alternative sources of energy.


And yet this same time last year the excuse for the rising gas prices was lack of refining capability. Has that suddenly changed?

Or do people think oil just magically turns into gas once its drilled?


Of course the building of new oil refineries would be included in the drilling for oil. To not do so would make absolutely no sense. Problem is, like the environmentalist lobby that has put the notion in government that drilling is evil and killing us all, so have they argued even better that you can't build new oil refineries, which we haven't done so since the 1970s! We continue to only update the old, worn out refineries with new stuff. It's ridiculous.

Kevrides's photo
Wed 07/16/08 10:03 AM
I am pretty sure that nobody thinks we don't need to develope alternative fuel sources. We do.

Only those with their heads in the sand think that drilling now won't help ease the cost of oil while those alternatives are developed.

Solar and wind sound great but there are development times for both of these potential sources and even when developed I foresee only about 15-20% of our energy needs being serviced by these sources.

How about Nuclear power? We need to fast track the development and implementation of more nuke plants ASAP.

The left in this country love to follow the Europeans so let’s do that with our development of nuke power just like (shudder) France has.

In the meantime it's just plain stupid to not drill for oil we know we have. Stupid I tell you. Write your congressmen and demand that they lift the restrictions placed on drilling in Alaska and of off our shores now!

wiley's photo
Wed 07/16/08 10:06 AM





Anyways, I've said what I need to on this topic. And, I'm off to bed. I know many people personally and myself included who would jump on the opportunity to enter into energy fields of oil and natural gas if there was a huge increase of employment opportunities and benefits.


But those people and you are ignoring the facts provided by experts. You are only listening to what the NeoCons and the oil companies are telling Bush to say! He too is ignoring the experts opinions just like he did before invading Iraq!

Also, we do have the technologies, a combined number of them needed to change in less time than we can lift the oil from the ground! Plus these technologies, combined, will produce far more employment opportunities than oil drilling!

Even if Congress lifts the law keeping them from drilling tomorrow. They will still have to battle every State government who's shores they wish to drill off of, negotiate deals with the ones that let them, destroy natural wilderness refuges, and battle every ecological group in the nation before they can even move an oil drilling platform into place!

This is not Russia, Venezuela, or Cuba where the government can just do what they want without confronting the people or following proper procedures!


Fanta,

I agree.

While additional drilling might serve our short-term needs, it will not solve our energy problems in the long run.

We need to increase efficiencies and develop more alternative sources of energy.


And yet this same time last year the excuse for the rising gas prices was lack of refining capability. Has that suddenly changed?

Or do people think oil just magically turns into gas once its drilled?


Of course the building of new oil refineries would be included in the drilling for oil. To not do so would make absolutely no sense. Problem is, like the environmentalist lobby that has put the notion in government that drilling is evil and killing us all, so have they argued even better that you can't build new oil refineries, which we haven't done so since the 1970s! We continue to only update the old, worn out refineries with new stuff. It's ridiculous.


That's a pretty big assumption. Building new refineries costs a lot more than drilling.

And as I understand it, we're only updating the old ones when deemed necessary...

Which is funny because we keep hearing about lack of refinery capacity and you would think that would motivate them...

Still seems like they're blowing smoke to me. Last year we had too much crude, this year we don't have enough. If and when they do start drilling are they just going to swing back the other way again? Got to have something to blame gas prices on. Can't be corporate greed and just gouging the consumer, can it?

no photo
Wed 07/16/08 10:08 AM

what confused me was the timing, he's been president for hmm 2 terms and now in July of his last term, now he wants to drill.


Because prices are up to where he wants them. laugh

franshade's photo
Wed 07/16/08 10:10 AM


what confused me was the timing, he's been president for hmm 2 terms and now in July of his last term, now he wants to drill.


Because prices are up to where he wants them. laugh

:smile: I was being facetious :smile:

wiley's photo
Wed 07/16/08 10:10 AM

what confused me was the timing, he's been president for hmm 2 terms and now in July of his last term, now he wants to drill.


It's an election year. The Republican party wants to stay in power. Not rocket science.

no photo
Wed 07/16/08 10:11 AM






Anyways, I've said what I need to on this topic. And, I'm off to bed. I know many people personally and myself included who would jump on the opportunity to enter into energy fields of oil and natural gas if there was a huge increase of employment opportunities and benefits.


But those people and you are ignoring the facts provided by experts. You are only listening to what the NeoCons and the oil companies are telling Bush to say! He too is ignoring the experts opinions just like he did before invading Iraq!

Also, we do have the technologies, a combined number of them needed to change in less time than we can lift the oil from the ground! Plus these technologies, combined, will produce far more employment opportunities than oil drilling!

Even if Congress lifts the law keeping them from drilling tomorrow. They will still have to battle every State government who's shores they wish to drill off of, negotiate deals with the ones that let them, destroy natural wilderness refuges, and battle every ecological group in the nation before they can even move an oil drilling platform into place!

This is not Russia, Venezuela, or Cuba where the government can just do what they want without confronting the people or following proper procedures!


Fanta,

I agree.

While additional drilling might serve our short-term needs, it will not solve our energy problems in the long run.

We need to increase efficiencies and develop more alternative sources of energy.


And yet this same time last year the excuse for the rising gas prices was lack of refining capability. Has that suddenly changed?

Or do people think oil just magically turns into gas once its drilled?


Of course the building of new oil refineries would be included in the drilling for oil. To not do so would make absolutely no sense. Problem is, like the environmentalist lobby that has put the notion in government that drilling is evil and killing us all, so have they argued even better that you can't build new oil refineries, which we haven't done so since the 1970s! We continue to only update the old, worn out refineries with new stuff. It's ridiculous.


That's a pretty big assumption. Building new refineries costs a lot more than drilling.

And as I understand it, we're only updating the old ones when deemed necessary...

Which is funny because we keep hearing about lack of refinery capacity and you would think that would motivate them...

Still seems like they're blowing smoke to me. Last year we had too much crude, this year we don't have enough. If and when they do start drilling are they just going to swing back the other way again? Got to have something to blame gas prices on. Can't be corporate greed and just gouging the consumer, can it?


If it was corporate greed and gouging than why would the companies be taking a hit in the stock market so badly? The stock of Exxon has been on the steady decline now for a looong time. I think last time I looked it was down 12% this year. If they have stolen all the Iraqi oil and are doing so well for themselves, the CEOs and those pulling the strings in government who own the Exxon stock are taking huge hits to their stocks. It has gone down nearly ten points since last time this year.

wiley's photo
Wed 07/16/08 10:18 AM
Edited by wiley on Wed 07/16/08 10:18 AM

If it was corporate greed and gouging than why would the companies be taking a hit in the stock market so badly?


The stock market is based solely on speculation. You'd have to ask the speculators why they lowered the stock price. Somehow, with their profit margins, I'll think they'll survive the crunch...

If they have stolen all the Iraqi oil and are doing so well for themselves, the CEOs and those pulling the strings in government who own the Exxon stock are taking huge hits to their stocks. It has gone down nearly ten points since last time this year.


Who said anything about them stealing Iraqi oil? Now you're just being silly.

Most of the oil we import comes from Canada and Mexico. Less than 5% is from the Middle East. And again, the reason we're importing so much isn't because we don't have crude. It's because it's still cheaper to import it from somewhere else than it is to refine it here.

But our "dependence" on foreign oil makes a good excuse for skyrocketing gas prices, doesn't it? :wink:

no photo
Wed 07/16/08 10:23 AM


If it was corporate greed and gouging than why would the companies be taking a hit in the stock market so badly?


The stock market is based solely on speculation. You'd have to ask the speculators why they lowered the stock price. Somehow, with their profit margins, I'll think they'll survive the crunch...

If they have stolen all the Iraqi oil and are doing so well for themselves, the CEOs and those pulling the strings in government who own the Exxon stock are taking huge hits to their stocks. It has gone down nearly ten points since last time this year.


Who said anything about them stealing Iraqi oil? Now you're just being silly.

Most of the oil we import comes from Canada and Mexico. Less than 5% is from the Middle East. And again, the reason we're importing so much isn't because we don't have crude. It's because it's still cheaper to import it from somewhere else than it is to refine it here.

But our "dependence" on foreign oil makes a good excuse for skyrocketing gas prices, doesn't it? :wink:


Sorry, the stealing Iraqi oil thing is for the crazy people of this group. I forgot to clean this post up to be on the discussion level with someone sane, and with a really awesome picture...lol.

That use to be true about home refinery. Though, with outdated, inefficient refineries I don't disagree that the more new and advanced refineries elsewhere do it better. However, back to the first sentence. This CNN program I was watching a bit back. They said that as long as oil is above $55 for a barrel of oil it is profitable to drill and refine in the US. Granted once we probably start drilling and refining on our own suddenly a barrel of oil would drop to $40, but whatcha gonna do? lol

Canada and Mexico are foreign, so we are still dependent on foreign oil. They set the price for a barrel of oil, not us. Why Canada and Mexico decides to charge so much, especially Canada with how much oil they have I have no clue.

BLAME CANADA!

wiley's photo
Wed 07/16/08 10:28 AM

Sorry, the stealing Iraqi oil thing is for the crazy people of this group. I forgot to clean this post up to be on the discussion level with someone sane, and with a really awesome picture...lol.

That use to be true about home refinery. Though, with outdated, inefficient refineries I don't disagree that the more new and advanced refineries elsewhere do it better. However, back to the first sentence. This CNN program I was watching a bit back. They said that as long as oil is above $55 for a barrel of oil it is profitable to drill and refine in the US. Granted once we probably start drilling and refining on our own suddenly a barrel of oil would drop to $40, but whatcha gonna do? lol

Canada and Mexico are foreign, so we are still dependent on foreign oil. They set the price for a barrel of oil, not us. Why Canada and Mexico decides to charge so much, especially Canada with how much oil they have I have no clue.

BLAME CANADA!


Pretty simple really. They charge so much because they can continue to get it. Isn't Capitalism great?


no photo
Wed 07/16/08 10:33 AM


Sorry, the stealing Iraqi oil thing is for the crazy people of this group. I forgot to clean this post up to be on the discussion level with someone sane, and with a really awesome picture...lol.

That use to be true about home refinery. Though, with outdated, inefficient refineries I don't disagree that the more new and advanced refineries elsewhere do it better. However, back to the first sentence. This CNN program I was watching a bit back. They said that as long as oil is above $55 for a barrel of oil it is profitable to drill and refine in the US. Granted once we probably start drilling and refining on our own suddenly a barrel of oil would drop to $40, but whatcha gonna do? lol

Canada and Mexico are foreign, so we are still dependent on foreign oil. They set the price for a barrel of oil, not us. Why Canada and Mexico decides to charge so much, especially Canada with how much oil they have I have no clue.

BLAME CANADA!


Pretty simple really. They charge so much because they can continue to get it. Isn't Capitalism great?


Oh, capitalism is great, it's just when government becomes invovled in screwing with a free market when things go wrong.

Exhibit 1: Government subsidies for farmers producing corn solely for e85 ethanol. Big company farms reap total benefits, little farmers not able to supply the demand, and food prices rise here and all around the world. Third world and very poor in US get hurt the worse.

wiley's photo
Wed 07/16/08 10:39 AM

Oh, capitalism is great, it's just when government becomes invovled in screwing with a free market when things go wrong.


That's pretty much the norm for anything the government becomes involved in.


Exhibit 1: Government subsidies for farmers producing corn solely for e85 ethanol. Big company farms reap total benefits, little farmers not able to supply the demand, and food prices rise here and all around the world. Third world and very poor in US get hurt the worse.


Another government brain trust. slaphead In order to run on ethanol, vehicles would have to be converted and that would cost more than buying a new one. Not to mention that growing the corn for the ethanol ruins the soil for growing anything else, so when they do decide to bail on the ethanol plan, (which they will...) all that farm land is going to be worthless...

But on the bright side, they are talking about legalizing marijuana here in Oregon. At least some of that worthless farm land here can be used for that. :thumbsup:

Kevrides's photo
Wed 07/16/08 10:40 AM


Sorry, the stealing Iraqi oil thing is for the crazy people of this group. I forgot to clean this post up to be on the discussion level with someone sane, and with a really awesome picture...lol.

That use to be true about home refinery. Though, with outdated, inefficient refineries I don't disagree that the more new and advanced refineries elsewhere do it better. However, back to the first sentence. This CNN program I was watching a bit back. They said that as long as oil is above $55 for a barrel of oil it is profitable to drill and refine in the US. Granted once we probably start drilling and refining on our own suddenly a barrel of oil would drop to $40, but whatcha gonna do? lol

Canada and Mexico are foreign, so we are still dependent on foreign oil. They set the price for a barrel of oil, not us. Why Canada and Mexico decides to charge so much, especially Canada with how much oil they have I have no clue.

BLAME CANADA!


Pretty simple really. They charge so much because they can continue to get it. Isn't Capitalism great?




Yes it is. The freedom to get what you can for your product is what it's all about. Want oil prices to go down? Do your part to help tip the scale of supply and demand. If you can't cut your demand then try increasing the supply. That is if you can get congress to allow drilling in the places where we know we have oil.

For decades there have been no new refineries built here. Why? Because nobody wants one in their backyard right? I would like to offer my backyard as site #1 to build a refinery. Think I could get a good price for my 1/4 acre in NJ?

We need oil and gasoline folks. It's the simple truth.

Tanzkity's photo
Wed 07/16/08 10:42 AM
While we are drilling then we might as well forget about our kids futures and grand kids and say heck to the fact that our already poluted earth is in the verge of dissimination..............i guess oil is way more important than the future of our kids............oh what the hell drill until we all freakin die as long as my car has gas............frustrated frustrated

wiley's photo
Wed 07/16/08 10:48 AM
Edited by wiley on Wed 07/16/08 10:51 AM

Yes it is. The freedom to get what you can for your product is what it's all about.


At least somebody's being honest. The "supply and demand" line was so tired already...


Want oil prices to go down? Do your part to help tip the scale of supply and demand. If you can't cut your demand then try increasing the supply. That is if you can get congress to allow drilling in the places where we know we have oil.


Oh well. It was fun while it lasted. And what about all the capped oil wells we have just sitting there? Oh right, they're not being used because it would cost too much with all the government fees and bureaucracy...


For decades there have been no new refineries built here. Why? Because nobody wants one in their backyard right?


Maybe. Part of it is it's still cheaper to keep upgrading existing refineries when they break down than to build new ones. And as an added bonus, they can be used as an excuse to jack the price higher... after all, we'll keep paying it to drive our land yachts!


I would like to offer my backyard as site #1 to build a refinery. Think I could get a good price for my 1/4 acre in NJ?


Good for you. If you're talking about selling to the US government, I wouldn't hold my breath though. More than likely they'd just slap you with eminent domain and be done with it. If it were cost effective to build a refinery there anyway...


We need oil and gasoline folks. It's the simple truth.


Not really. But it's a lot more profitable right now than some of the alternatives.

no photo
Wed 07/16/08 10:50 AM

While we are drilling then we might as well forget about our kids futures and grand kids and say heck to the fact that our already poluted earth is in the verge of dissimination..............i guess oil is way more important than the future of our kids............oh what the hell drill until we all freakin die as long as my car has gas............frustrated frustrated


Do you drive a car, use plastics, watch TV, have a cellphone, use a computer (obviously yes), eat meat, eat vegetables, ever flown on a plane?

HOW DARE YOU, YOU ARE KILLING US ALL!

Ridiculous, the world is not about to end, to think us puny humans have any real impact on this planet that it cannot deal with is a huge superiority complex issue. It could wipe us all nearly out in a few days if it chose to.