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Thread: Bowe Bergdahl, U.S. soldier held in Afghanistan, freed in swap

  1. #421
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    Re: Free flow of oil in a world market

    Quote Originally Posted by Misterveritis View Post
    Any drilling we are doing is despite government interference.
    Riiiiiight. Yeah, the Obama administration really tried to put a screeching halt to drilling, huh?

    NOT.

    That, sir, is only an assumption on your part. Try actually going with the real numbers, instead of with your assumptions. Let the NUMBERS - and not partisan rhetoric - be your guide.

    We can disagree about the impact of significantly increasing our oil production. I believe our ability to use all of our resources could, and probably would, drive oil prices down. Your mileage (ahem) may vary.
    So...why is it, then, that we are now a net oil EXPORTER, but our prices have not dropped? Why is that? We haven't added any extra taxes on gas since we became an oil exporter, so you can't blame the government...so WHY is it that our prices haven't gone down?

    Of course, we can't blame Big Oil...because they're very, very patriotic and would never ever squeeze the market for as much as it could get. They wouldn't close down or reduce production at refineries in order to decrease supply and thus keep prices high, would they?

    Then let's prepare to remain in those parts of the world that supply a large part of the world's oil.
    Did we become energy independent when we became a net oil exporter? No. We could double our current oil production and we'd still be importing oil. Why? Because ALL oil production is fungible - it goes on the world market as soon as it's pumped. As long as there are other nations drilling oil more cheaply than we do (and they always will since much of ours is now done through more-expensive fracking), we will always import oil...no matter how much we drill.

    We can also agree to disagree on the government's massive interference wilt oil production along with the fascistic crony capitalism involved with the president's bundlers. Get the government out of the way. We will all be better off.
    Yeah, the government's SO terrible with those onerous regulations, huh? BTW, you did hear about the Gulf oil spill, right? You know, the one that happened because BP was too doggone cheap to buy a $500K part that would have prevented the spill...the same part that other major oil producers like Brazil and Norway require?

    Here's a clue, guy - if you want to see how great it is when government doesn't regulate oil drilling, go look at what's happened again and again and again in third-world nations where the drilling faces little regulation or has no regulation at all.

    That is not relevant. What is relevant is the ability to impact the price of oil with or without military forces.
    AGAIN, guy - when we became a net oil exporter, WHY did our prices at the pump not fall? According to the we-love-Big-Oil Right, if only we'd get out of Big Oil's way and let them drill all they want to, our prices at the pump would fall, right?

    Well, we're not only drilling more now than EVER before, but we're also a net oil EXPORTER...meaning that we can't use all the oil we're drilling.

    And have our prices at the pump fallen? Have they? NO.

    And you call that "not relevant". WHY HAVEN'T THE PRICES FALLEN? Big Oil is drilling more than ever before, we can't use all they're producing, and STILL our prices have not fallen.

    Can you not see a problem there?
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  2. #422
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    Re: Making a weak case to not drill for any more oil in the US

    Quote Originally Posted by Misterveritis View Post
    It may be a very weak case. From your link the net export was 450k barrels per day. Latin America alone uses about 6 million barrels a day. Our exports are a very small portion of the total world wide demand for oil. Let's see what happens when we account for 20% of the world's daily oil supply.

    Isn't the reason why we were able to export oil is because of Obama's anti-industrial policies. Our demand for oil dropped by two million barrels per day because of Obama's meddling.
    You'd have a point...if the use of oil throughout the world wasn't skyrocketing. And it will continue to skyrocket until something bad happens, whatever that something bad may be (and no, I don't want any of us to see it).

    In any case, RIGHT NOW we cannot use all the oil that Big Oil is producing...yet still the prices at the pump haven't fallen.

    You really, truly don't see a problem with that? Time to take off the blinders, guy.
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  3. #423
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    Re: Free flow of oil in a world market

    Quote Originally Posted by Glen Contrarian View Post
    Riiiiiight. Yeah, the Obama administration really tried to put a screeching halt to drilling, huh?

    NOT.

    That, sir, is only an assumption on your part. Try actually going with the real numbers, instead of with your assumptions. Let the NUMBERS - and not partisan rhetoric - be your guide.



    So...why is it, then, that we are now a net oil EXPORTER, but our prices have not dropped? Why is that? We haven't added any extra taxes on gas since we became an oil exporter, so you can't blame the government...so WHY is it that our prices haven't gone down?

    Of course, we can't blame Big Oil...because they're very, very patriotic and would never ever squeeze the market for as much as it could get. They wouldn't close down or reduce production at refineries in order to decrease supply and thus keep prices high, would they?



    Did we become energy independent when we became a net oil exporter? No. We could double our current oil production and we'd still be importing oil. Why? Because ALL oil production is fungible - it goes on the world market as soon as it's pumped. As long as there are other nations drilling oil more cheaply than we do (and they always will since much of ours is now done through more-expensive fracking), we will always import oil...no matter how much we drill.



    Yeah, the government's SO terrible with those onerous regulations, huh? BTW, you did hear about the Gulf oil spill, right? You know, the one that happened because BP was too doggone cheap to buy a $500K part that would have prevented the spill...the same part that other major oil producers like Brazil and Norway require?

    Here's a clue, guy - if you want to see how great it is when government doesn't regulate oil drilling, go look at what's happened again and again and again in third-world nations where the drilling faces little regulation or has no regulation at all.



    AGAIN, guy - when we became a net oil exporter, WHY did our prices at the pump not fall? According to the we-love-Big-Oil Right, if only we'd get out of Big Oil's way and let them drill all they want to, our prices at the pump would fall, right?

    Well, we're not only drilling more now than EVER before, but we're also a net oil EXPORTER...meaning that we can't use all the oil we're drilling.

    And have our prices at the pump fallen? Have they? NO.

    And you call that "not relevant". WHY HAVEN'T THE PRICES FALLEN? Big Oil is drilling more than ever before, we can't use all they're producing, and STILL our prices have not fallen.

    Can you not see a problem there?
    A fair case can be made that the increase has been despite BHO rather than because of BHO.

    Obama Stymies Oil and Natural Gas Production on Federal ...

    www.forbes.com/.../obama-stymies-oil-and-natural-gas-productio...Forbes


    Apr 17, 2014 - Although the federal government heavily regulates the exploration and ... According to the CRS report, oil production on federal lands actually ...
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    The EPA, when they don't crucify oil companies do they help?

    Quote Originally Posted by Glen Contrarian View Post
    Riiiiiight. Yeah, the Obama administration really tried to put a screeching halt to drilling, huh?

    NOT.

    That, sir, is only an assumption on your part. Try actually going with the real numbers, instead of with your assumptions. Let the NUMBERS - and not partisan rhetoric - be your guide.
    Well, okay. How many new holes have been drilled on public lands since 2010?

    Isn't it true that nearly all new holes are on private lands?
    What does the EPA do if it is not finding another innocent victim to crucify so the rest will be more compliant?
    James Inhofe (R-OK) took to the Senate floor today to draw attention to a video of a top EPA official saying the EPA’s “philosophy” is to “crucify” and “make examples” of oil and gas companies - just as the Romans crucified random citizens in areas they conquered to ensure obedience.

    Inhofe quoted a little-watched video from 2010 of Environmental Protection Agency (EPA) official, Region VI Administrator Al Armendariz, admitting that EPA’s “general philosophy” is to “crucify” and “make examples” of oil and gas companies.

    In the video, Administrator Armendariz says:

    “I was in a meeting once and I gave an analogy to my staff about my philosophy of enforcement, and I think it was probably a little crude and maybe not appropriate for the meeting, but I’ll go ahead and tell you what I said:

    “It was kind of like how the Romans used to, you know, conquer villages in the Mediterranean. They’d go in to a little Turkish town somewhere, they’d find the first five guys they saw and they’d crucify them.

    “Then, you know, that town was really easy to manage for the next few years.”
    EPA Official's 'Philosophy' On Oil Companies: 'Crucify Them' - Just As Romans Crucified Conquered Citizens | CNS News

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    Re: Free flow of oil in a world market

    Quote Originally Posted by Glen Contrarian View Post
    So...why is it, then, that we are now a net oil EXPORTER, but our prices have not dropped? Why is that? We haven't added any extra taxes on gas since we became an oil exporter, so you can't blame the government...so WHY is it that our prices haven't gone down?
    Did you so easily pass right by my numbers?
    Or actually, they were numbers from the article you linked to.

    Our net exports were about 450K barrels per day. Latin America, again from your cited article uses about 6 million barrels per day. That does not cover China, India and the rest of the world. So when have no impact on prices because we are such a tiny part of the market. If we become one of the worlds major exporters (say between 10-20% of the total) you will have the effect that you seek when we add a drop to the lake of oil used worldwide every day.

  6. #426
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    Re: Free flow of oil in a world market

    Quote Originally Posted by Glen Contrarian View Post
    Riiiiiight. Yeah, the Obama administration really tried to put a screeching halt to drilling, huh?

    NOT.

    That, sir, is only an assumption on your part. Try actually going with the real numbers, instead of with your assumptions. Let the NUMBERS - and not partisan rhetoric - be your guide.



    So...why is it, then, that we are now a net oil EXPORTER, but our prices have not dropped? Why is that? We haven't added any extra taxes on gas since we became an oil exporter, so you can't blame the government...so WHY is it that our prices haven't gone down?

    Of course, we can't blame Big Oil...because they're very, very patriotic and would never ever squeeze the market for as much as it could get. They wouldn't close down or reduce production at refineries in order to decrease supply and thus keep prices high, would they?



    Did we become energy independent when we became a net oil exporter? No. We could double our current oil production and we'd still be importing oil. Why? Because ALL oil production is fungible - it goes on the world market as soon as it's pumped. As long as there are other nations drilling oil more cheaply than we do (and they always will since much of ours is now done through more-expensive fracking), we will always import oil...no matter how much we drill.



    Yeah, the government's SO terrible with those onerous regulations, huh? BTW, you did hear about the Gulf oil spill, right? You know, the one that happened because BP was too doggone cheap to buy a $500K part that would have prevented the spill...the same part that other major oil producers like Brazil and Norway require?

    Here's a clue, guy - if you want to see how great it is when government doesn't regulate oil drilling, go look at what's happened again and again and again in third-world nations where the drilling faces little regulation or has no regulation at all.



    AGAIN, guy - when we became a net oil exporter, WHY did our prices at the pump not fall? According to the we-love-Big-Oil Right, if only we'd get out of Big Oil's way and let them drill all they want to, our prices at the pump would fall, right?

    Well, we're not only drilling more now than EVER before, but we're also a net oil EXPORTER...meaning that we can't use all the oil we're drilling.

    And have our prices at the pump fallen? Have they? NO.

    And you call that "not relevant". WHY HAVEN'T THE PRICES FALLEN? Big Oil is drilling more than ever before, we can't use all they're producing, and STILL our prices have not fallen.

    Can you not see a problem there?
    Ever hear of the drilling moratorium?
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    Re: Free flow of oil in a world market

    Quote Originally Posted by Glen Contrarian View Post
    Did we become energy independent when we became a net oil exporter? No. We could double our current oil production and we'd still be importing oil. Why? Because ALL oil production is fungible - it goes on the world market as soon as it's pumped. As long as there are other nations drilling oil more cheaply than we do (and they always will since much of ours is now done through more-expensive fracking), we will always import oil...no matter how much we drill.
    The 450k barrels was a net number. We are using 2 million barrels less because of Obama's anti-industrial policies. So we need to abolish the EPA. It is unconstitutional anyway.

    And more to the point, if you want the free flow of oil at market prices then military presence will continue to be a requirement. If we are producing a large percentage of the world's oil then we can use oil as a weapon and reduce the exposure of our military in the Middle East.

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    Re: Free flow of oil in a world market

    Quote Originally Posted by Glen Contrarian View Post
    Yeah, the government's SO terrible with those onerous regulations, huh? BTW, you did hear about the Gulf oil spill, right? You know, the one that happened because BP was too doggone cheap to buy a $500K part that would have prevented the spill...the same part that other major oil producers like Brazil and Norway require?
    It was government regulations that forced drilling in far deeper waters than would have been necessary.

    We agree. The federal government has become a monster and a menace. The EPA needs to be abolished. Fire the people. Sell the furniture and the buildings.

    Here's a clue, guy - if you want to see how great it is when government doesn't regulate oil drilling, go look at what's happened again and again and again in third-world nations where the drilling faces little regulation or has no regulation at all.
    I believe that every state as its equivalent of the environmental protection agency for managing problems within each state. This is a reasonable state police power. There is no constitutional provision for the federal government having this power.

    Why do you believe that eliminating a portion of the police state will result in eliminating all regulations? It is a silly argument.

    AGAIN, guy - when we became a net oil exporter, WHY did our prices at the pump not fall? According to the we-love-Big-Oil Right, if only we'd get out of Big Oil's way and let them drill all they want to, our prices at the pump would fall, right?
    Do you believe my argument was about falling prices? I do not recall writing it.
    My argument is that as long as a large amount of the oil we use comes from, or passes through the middle east then we will have a large interest in it. To lower our interest we need to greatly reduce our dependency, guy.

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    Re: Free flow of oil in a world market

    Quote Originally Posted by Glen Contrarian View Post
    AGAIN, guy - when we became a net oil exporter, WHY did our prices at the pump not fall? According to the we-love-Big-Oil Right, if only we'd get out of Big Oil's way and let them drill all they want to, our prices at the pump would fall, right?

    Well, we're not only drilling more now than EVER before, but we're also a net oil EXPORTER...meaning that we can't use all the oil we're drilling.

    And have our prices at the pump fallen? Have they? NO.

    And you call that "not relevant". WHY HAVEN'T THE PRICES FALLEN? Big Oil is drilling more than ever before, we can't use all they're producing, and STILL our prices have not fallen.

    Can you not see a problem there?
    The problem I see is that you are yelling to oppose a point that I did not make. Perhaps you should try countering the point I did make.

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    Re: Free flow of oil in a world market

    Quote Originally Posted by Misterveritis View Post
    The problem I see is that you are yelling to oppose a point that I did not make. Perhaps you should try countering the point I did make.
    50 states on their own cannot be trusted to create a cohesive national policy regarding the enviroment.
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