On Jun 30, 12:05 am, gringo <gri...@[EMAIL PROTECTED]
> wrote:
> Monkey Clumps wrote:
> > On Jun 26, 3:58 pm, "Bob Eld" <nsmontas...@[EMAIL PROTECTED]
> wrote:
>
> >> "Monkey Clumps" <spacebrai...@[EMAIL PROTECTED]
> wrote in message
>
>
>>news:77309231-3a23-4417-b354-9ef6484980cf@[EMAIL PROTECTED]
>
> >>> Sorry, thats just a red herring. Just because an oil company leased
a
> >>> parcel doesn't mean there is enough oil to be worth setting up
> >>> production. Under the best cir***stances only a fraction of the area
> >>> leased will be worth producing. Do think oil companies are so
stupid
> >>> as to not bother drilling a huge find of oil that they already have
> >>> leased? Oil companies surely do exploratory drilling on the their
> >>> leased parcel and then decide whether there is enough oil there
> >>> justify the enormous expense of setting up a production platform.
If
> >>> we want more domestic oil we have to open up more of our offshore
for
> >>> them to explore.
>
> >> So, you are claiming that the oil companies have explored and drilled
all of
> >> their present leases and that they have no more places to drill
without
> >> opening up the US coast line. Do you really believe that? If so
please
> >> site.
>
> > That's not really the sort of thing you can get a CITE for since oil
> > companies are private. However, common sense suggests that if they
> > had access to large finds on areas they already lease, they would be
> > putting them into production now. Oil companies aren't fools. They
> > are very good at their business and their business is finding oil and
> > extracting it. The simple fact is this, if we want to increase
> > domestic production we need need to allow more area to be explored and
> > put into production. The democrats needs need to cut the obfuscation
> > and decide whether they are for increasing domestic production or
> > against it. If they are against it they should own up to the fact and
> > face the American public.
>
> Oil companies are very good at keeping the price up. To do so, they
> must encourage low production. I mean, consider the record. It's no
> accident that they are making record profits on America's record misery.
>
> >>> We should let the states decide that, not the feds. Sounds like
> >>> Florida might have change of heart. After all the Chinese are
already
> >>> drilling off their shore, why not let the Americans?
>
> >> The Chinese are NOT drilling off of the coast of the US or Cuba. That
was a
> >> bogus re****t allegedly from Dick Cheney and has been debunked.
>
> > OK. Not that it really changes the relevant issues.
>
> Sure it does. Y'all choose to believe the oil meister's propaganda,
> although it is once again proven to be a lie. Seems that by now you'd
> automatically doubt their veracity.
>
>
>
> >>> The difference is that if we keep finding more oil, we buy ourselves
> >>> more time. Right now alternative sources are not ready to fill in
the
> >>> gap. Having our economy implode because of a scarcity of energy is
> >>> going to disrupt everything, including the development of
alternative
> >>> technologies.
>
> >> By all accounts it would take 10 years to bring any new oil drilled
in these
> >> zones to production, so how much time do we buy? The amount of new
oil found
> >> , world wide keeps dwindling. The last time drilling outstripped
demand was
> >> in the 1960's!
>
> > This is the lamest argument ever. We haven't found an infinite source
> > of oil so why bother drilling any of it? The scarcity of oil is why
> > it is so im****tant to drill what we know is there. Its true that it
> > takes years to get production going. By your argument, we have
> > Clinton's shortsighted policies that banned drilling to thank for
> > today's shortages. That doesn't we should continue down that path.
>
> LOL. Clinton got a BJ; therefore, he is to blame for all of America's
> ills! You've obviously reached the limits of your ability to counter
> logical, fact-based arguments. If that oil in the ground stateside
> actually belonged to the US, then I might consider siding you on this.
> It does not. Oil they are taking out of wells drilled in 1930 when the
> price was pennies on the barrel is now being sold at the broker's
> criminal prices. Want to control prices? Force the oil companies to
> use some of those billions in illegal profits to squeeze out the
> brokers. They sure as hell have enough cash to buy directly from oil
> producing nations. But it must be realized that oil executives are
> themselves brokering and running up their own profits.
>
>
>
> >> \> We don't have the technology yet. Shutting down the oil spigot
right
>
> >>> now will be disastrous. Even now, American industry is struggling
to
> >>> adjust to the massive increase in oil and gas prices. Our assembly
> >>> lines are pumping out huge gas guzzling trucks and SUVs and you
can't
> >>> just snap your fingers and change that output to subcompacts. It
> >>> takes years to retool. Ford and GM are screwed and they will need a
> >>> miracle to survive the next few years. What we are talking about is
> >>> the difference between a controlled transition and a crash. Not
> >>> opening up new sources of oil to compensate for the ones being used
up
> >>> will be asking for a crash, and that will benefit no one.
>
> >> The 10 year delay in bringing any new oil on line is plenty of time
to make
> >> a significant transition into alternatives. Of course we won't
replace all
> >> petroleum in 10 years, but, if we could get to the 20% level, we
would
> >> control the 800 gorilla with our clout.
>
> > Nobody is talking about not pursuing alternatives. However, there is
> > no replacement for petroleum on the immediate horizon so we need to
> > find and drill as much of it as possible.
>
> in ten-fifteen years 70% of Americans could be driving electric
> cars...our demand could be decreased by 90%.
>
> http://www.eia.doe.gov/cneaf/alternate/issues_trends/altfuelmarkets.html
>
> Ethanol is not the only alternative.
>
>
>
> >> Also bringing new oil into the mix is just exacerbating the other
main
> >> problem, CO2 release. That MUST be addressed and now is the time to
do it,
> >> since we are running out of oil anyway.
>
> > With China opening up coal-fired plants like its going out of style,
> > CO2 is going up whether gas in the US costs us $3 a gallon or $20 a
> > gallon. I prefer the $3 a gallon thank you.
>
> >> Aside from conservation, the best thing that can be done in the short
term
> >> is to tighten the rules on speculation. One thing would be to
eliminate
> >> buying oil futures on 5% margin as can be done now. Make the
speculators put
> >> up real money, that would change things overnight.
>
> > Fine by me, but how do you plan to regulate international commodities
> > markets?
>
> simple. Force the oil companies to buy direct from OPEC, squeezing out
> the brokers.
>
> --
> "Sarah, if the American people had ever known the truth about what we
Bushes have done to this nation, we would be chased down in the streets
and lynched."
> --- George Herbert Walker Bush, in an interview with Sarah McClendon,
1992
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