Comments on: Oil! http://www.betmycitizenship.com/2008/04/11/oil/ Wed, 07 Jan 2009 13:27:12 +0000 http://wordpress.org/?v=2.5 By: Koliver http://www.betmycitizenship.com/2008/04/11/oil/#comment-12 Koliver Tue, 24 Jun 2008 02:39:20 +0000 http://www.betmycitizenship.com/?p=5#comment-12 Backing up my assertion is <a href="http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/06/23/MNEV11CIVI.DTL&hw=drilling+moratorium&sn=001&sc=1000" rel="nofollow">This article</a> <blockquote>The U.S. Energy Information Administration predicted last year that if the moratorium were lifted, it would take until 2012 to start leasing the areas and until 2017 before oil began to flow. The agency estimated that U.S. oil production would increase by 7 percent -- about 200,000 barrels a day -- by 2030, which it said would have an "insignificant" impact on oil prices.</blockquote> Backing up my assertion is This article
The U.S. Energy Information Administration predicted last year that if the moratorium were lifted, it would take until 2012 to start leasing the areas and until 2017 before oil began to flow. The agency estimated that U.S. oil production would increase by 7 percent — about 200,000 barrels a day — by 2030, which it said would have an “insignificant” impact on oil prices.

]]> By: Koliver http://www.betmycitizenship.com/2008/04/11/oil/#comment-11 Koliver Mon, 23 Jun 2008 23:00:55 +0000 http://www.betmycitizenship.com/?p=5#comment-11 Right, in ten years, mind you we are at peak oil right now, ANWR and off-shore rigs will start to produce some oil. I really could care less about ANWR, but the fact is, it won't help. Besides, 84% of the leases for oil and LNG drilling aren't being drilled. More leases won't really help. Drilling won't reduce the cost of fuel for a decade, and meanwhile our economic problems due mostly to disastrous foreign policy, and out of control national debt, are exponentially worsened by rising fuel costs NOW. In ten years, if we haven't kicked oil, you're going to have to start learning some Mandarin. The US cannot drill our way out of this mess. We need, wind, nuclear, solar, hydroelectric, and clean coal technology to be truly independent, not hand out more leases to our Exxon overlords. If we spent half as much money on green technologies as we do on tax breaks for the oil companies we might get somewhere. With the amount of energy they've extracted in this country alone, we should all have oil pensions to rival the Kuwaiti's, but the freemarketers would rather hand it all over to corporations. Gas is still under the equivalent of $1.00 US in Saudi Arabia. You want to pay less for gas? We are at peak refining capacity right now, and maintenance on refineries is manipulated to coincide with the summer driving season. We need to look into market manipulation by the oil companies, and commodities traders, and we need to decrease demand. You supply-siders never look at demand. Econ 101 taught me there are two sides to the free market. Trade your Hummer in and move closer to work, because unless we kick the habit, your gas costs each month will rival your mortgage payment. Right, in ten years, mind you we are at peak oil right now, ANWR and off-shore rigs will start to produce some oil. I really could care less about ANWR, but the fact is, it won’t help. Besides, 84% of the leases for oil and LNG drilling aren’t being drilled. More leases won’t really help. Drilling won’t reduce the cost of fuel for a decade, and meanwhile our economic problems due mostly to disastrous foreign policy, and out of control national debt, are exponentially worsened by rising fuel costs NOW. In ten years, if we haven’t kicked oil, you’re going to have to start learning some Mandarin. The US cannot drill our way out of this mess. We need, wind, nuclear, solar, hydroelectric, and clean coal technology to be truly independent, not hand out more leases to our Exxon overlords. If we spent half as much money on green technologies as we do on tax breaks for the oil companies we might get somewhere. With the amount of energy they’ve extracted in this country alone, we should all have oil pensions to rival the Kuwaiti’s, but the freemarketers would rather hand it all over to corporations. Gas is still under the equivalent of $1.00 US in Saudi Arabia. You want to pay less for gas? We are at peak refining capacity right now, and maintenance on refineries is manipulated to coincide with the summer driving season. We need to look into market manipulation by the oil companies, and commodities traders, and we need to decrease demand. You supply-siders never look at demand. Econ 101 taught me there are two sides to the free market. Trade your Hummer in and move closer to work, because unless we kick the habit, your gas costs each month will rival your mortgage payment.

]]> By: black_gold http://www.betmycitizenship.com/2008/04/11/oil/#comment-9 black_gold Sat, 21 Jun 2008 11:58:15 +0000 http://www.betmycitizenship.com/?p=5#comment-9 More off-shore drilling and in Alaska is required period! We want to be oil independent...well Liberals, relax the environmental BS and let's do some drill'in. More off-shore drilling and in Alaska is required period! We want to be oil independent…well Liberals, relax the environmental BS and let’s do some drill’in.

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