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Thread: Barack Obama pushes for $1bn green tax credits

  1. #141
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    Re: Barack Obama pushes for $1bn green tax credits

    Quote Originally Posted by Catawba View Post
    Just as I suspected. That explains it, thanks!
    All you need to do is ask, I always tell the truth.
    "Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence." - John Adams

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    Quote Originally Posted by Prof. Peabody View Post

    Did I mention I live less than 2 mile from where I work? Conservative MEANS conservation, what part of that don't libs understand?
    Apparently you forgot that the cooperative establishment wants to drill baby drill

    Sent from my SGH-T989 using Tapatalk
    Hayek - too liberal for republicans

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    Re: Barack Obama pushes for $1bn green tax credits

    Quote Originally Posted by Prof. Peabody View Post
    All you need to do is ask, I always tell the truth.
    And I'm sure that all those that just care about themselves with no thought to what is sustainable will vote exactly the way you do.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Barack Obama pushes for $1bn green tax credits

    Quote Originally Posted by Grant View Post
    There is no study which can predict the price of oil in 2025. None. And that you actually believe it can be done, especially within pennies, is lunacy.
    You miss the main point of the study, how little oil is there compared to our demand. Where are your studies that refute the EIA studies?

    I think you are just blowing smoke which is fitting because that is what the GOP is doing when they suggest that drill baby drill is some kind of affordable option.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  5. #145
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    Re: Barack Obama pushes for $1bn green tax credits

    Quote Originally Posted by Catawba View Post
    You miss the main point of the study, how little oil is there compared to our demand. Where are your studies that refute the EIA studies?
    What part do you not get? The study is a farce, It's nonsense!

    Do you really sincerely believe that this study can predict the price of oil in 2025? Of course not! Then, it naturally follows, that the entire study, at a minimum, is suspect. And even though the thing is bogus you still twist the numbers in it in a wild attempt to support your goofy belief., beliefs based on nothing but fantasies. It depressing to note that there are people walking around the streets who are this easily duped.
    I think you are just blowing smoke which is fitting because that is what the GOP is doing when they suggest that drill baby drill is some kind of affordable option.
    It is the oil companies who can decide whether its an affordable option or nor, not untrained gulls like yourself.

  6. #146
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    Re: Barack Obama pushes for $1bn green tax credits

    Quote Originally Posted by Catawba View Post
    See the numbers above from the EIA. I was only off by 20 cents a barrel. Not surprised to hear you made up your numbers though!
    You ask an irrelevent question, you get an irrelevant answer. Im still waiting for you to explain how producing more oil will make prices go up.

  7. #147
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    Re: Barack Obama pushes for $1bn green tax credits

    Quote Originally Posted by jonny5 View Post
    You ask an irrelevent question, you get an irrelevant answer. Im still waiting for you to explain how producing more oil will make prices go up.
    There is a limited amount of oil that is able to be drilled.

    There is a greatly growing demand for oil.

    As we continue filling the increasing demand with an depleting resource the price will go up.

    Two things commonly drive pricing. Supply and Demand. As the supply of oil continues to shrink it will become more expensive. As the demand for oil continues to increase it will become more expensive. Considering the supply is shrinking, and the demand is growing the price will only continue to grow.

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    Re: Barack Obama pushes for $1bn green tax credits

    Quote Originally Posted by muciti View Post
    There is a limited amount of oil that is able to be drilled.

    There is a greatly growing demand for oil.

    As we continue filling the increasing demand with an depleting resource the price will go up.

    Two things commonly drive pricing. Supply and Demand. As the supply of oil continues to shrink it will become more expensive. As the demand for oil continues to increase it will become more expensive. Considering the supply is shrinking, and the demand is growing the price will only continue to grow.
    Except supply isnt shrinking. The world produces more oil than ever before. The proven reserves of oil are greater than ever before. So, supply is increasing, demand is increasing faster. Logically, increasing supply faster would stablize prices.

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    Re: Barack Obama pushes for $1bn green tax credits

    Quote Originally Posted by jonny5 View Post
    Except supply isnt shrinking. The world produces more oil than ever before. The proven reserves of oil are greater than ever before. So, supply is increasing, demand is increasing faster. Logically, increasing supply faster would stablize prices.
    There is a finite amount of oil in the world. The supply is not growing. Of course the amount of oil that we KNOW about may change over time.
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

    -- Adam Smith

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    Re: Barack Obama pushes for $1bn green tax credits

    Quote Originally Posted by Grant View Post
    What part do you not get? The study is a farce, It's nonsense!
    So according to you people should ignore the studies by the experts at EIA and take the opinion of an anonymous internet dude?
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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