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Obama to Unveil Offshore Oil Drilling Plans

How will it not lower gas prices?

Simple - we have very little oil. We have ab out 3% of world production. And prices are set on a world market. If you have only 3% of a market for any product, you aren't going to affect prices. You might do it for a short time, but then you will run out (since oil is not a renewable resource).

OPEC could reduce production by the same amount increase it with this offshore drilling with one conference call, and prices would go back to wherever they want them to be.

And even if it doesn't this will still be a good thing. It means wealth stays circulating in the US and not to foreign countries.

For a short time, yes. That's a different issue though. Have no illusions that we can lower gas prices with domestic production.

Plus if we are energy independent then we won't have to worry about oil embargoes (like what has happened in the past). Energy independence is a good thing and drilling for oil in America is a great step forward.

We have 3% of the worlds' oil. We consume 26% of the world's oil product every year. We have ABSOLUTELY NO HOPE of ever becoming even close to independent of foreign oil. It is an absurd fantasy when you look at the numbers. You might as well try to make us independent of foreign bananas or coffee or mangoes. It just isn't going to happen.

I was shocked when I learned this too. The myth of independence from foreign oil is very common, but it's simply not possible.
 
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Simple - we have very little oil. We have ab out 3% of world production. And prices are set on a world market. If you have only 3% of a market for any product, you aren't going to affect prices. You might do it for a short time, but then you will run out (since oil is not a renewable resource).

OPEC could reduce production by the same amount increase it with this offshore drilling with one conference call, and prices would go back to wherever they want them to be.



For a short time, yes. That's a different issue though. Have no illusions that we can lower gas prices with domestic production.



We have 3% of the worlds' oil. We consume 26% of the world's oil product every year. We have ABSOLUTELY NO HOPE of ever becoming even close to independent of foreign oil. It is an absurd fantasy when you look at the numbers. You might as well try to make us independent of foreign bananas or coffee or mangoes. It just isn't going to happen.

I was shocked when I learned this too. The myth of independence from foreign oil is very common, but it's simply not possible.

Not to mention the new drilling might just offset currant wells that are drying up. It may not add to the total US production at all. It will be a drop in the bucket.
 
This chart demonstrates my point. It's about the Arctic Refuge oil supply, not offshore, but it has the same visual impact. The Arctic Refuge number is 3.2 billion barrels; the offshore estimate is 5.8 billion barrels, so it's not much different:

http://farm1.static.flickr.com/100/315696376_491bcea894.jpg
 
You want a link?

Today is really nice outside. I like the flowers. You need a link to that too?

YES.. I NEED any link that shows Obama in the middle on just ANYTHING.. because I have not seen a single, solitary instance of it, and if I could I MIGHT change my opinion of him!
 
YES.. I NEED any link that shows Obama in the middle on just ANYTHING.. because I have not seen a single, solitary instance of it, and if I could I MIGHT change my opinion of him!

Okay. He's in the middle on...offshore drilling. Link already provided.
 
YES.. I NEED any link that shows Obama in the middle on just ANYTHING.. because I have not seen a single, solitary instance of it, and if I could I MIGHT change my opinion of him!

Come out of your far-rightie hannity-beck cave and read a newspaper.

It took about a year, but President Obama is finally moving toward center.

Though, to far-righties and that way out there Palin-lovin' fringe, it probably looks like left.
 
meanwhile, in typically incoherent capacity, president pie-in-the-face's transportation secty, former republican mike lahood, announces his brand new "major policy revision," which calls for giving "bicycling and walking the same policy and economic consideration as driving"

LOL!

Transportation Department Embraces Bikes, and Business Groups Cry Foul - Green Inc. Blog - NYTimes.com

sure, all THREE HUNDRED THOUSAND of us can WALK the sunol grade every morning

gotta get to work by nine

leave at midnite

drill, baby, drill

gotta get oil to lubricate those BIKE CHAINS

LOL!
 
Come out of your far-rightie hannity-beck cave and read a newspaper.

It took about a year, but President Obama is finally moving toward center.

Though, to far-righties and that way out there Palin-lovin' fringe, it probably looks like left.

OK LOOK... he portends to allow drilling in the area where the locals have the greatest ire of it... Florida, Gulf Coast, and then bars it from where the locals might actually want it... IE: Alaska.

This is pure gamesmanship, that considering your opinion is working perfectly. He offers something that is not possible to portray himself as moderate and still refuses to allow it where it is locally acceptable.. throwing a bone to to a dead dog, so to speak.

It is good politics but by no measure what America needs.. unfettered access to her own energy reserves.
 
OK LOOK... he portends to allow drilling in the area where the locals have the greatest ire of it... Florida, Gulf Coast, and then bars it from where the locals might actually want it... IE: Alaska.

This is pure gamesmanship, that considering your opinion is working perfectly. He offers something that is not possible to portray himself as moderate and still refuses to allow it where it is locally acceptable.. throwing a bone to to a dead dog, so to speak.

It is good politics but by no measure what America needs.. unfettered access to her own energy reserves.
just own up to it.......it doesn't matter what obama does, you will always find a reason to be a detractor.


portends? what does that mean in this context?
 
meanwhile, in typically incoherent capacity, president pie-in-the-face's transportation secty, former republican mike lahood, announces his brand new "major policy revision," which calls for giving "bicycling and walking the same policy and economic consideration as driving"

I rode my bike to work today. It took me the same time as public transportation or driving. I had no traffic. I will have two workouts done before I get home. I paid nothing for it. I felt great when I got to work, not frustrated from traffic. I was one less car on the road too.

Nobody says EVERYONE should bike to work, but if more people who can, do, everyone benefits because there are fewer cars on the road.

Try it sometime. It's good exercise and good for you mentally. You might not be so angry and incoherent.
 
OK LOOK... he portends to allow drilling in the area where the locals have the greatest ire of it... Florida, Gulf Coast, and then bars it from where the locals might actually want it... IE: Alaska.

Actually, several states support it. And this includes parts of Alaska. California pretty much doesn't like it, and he excluded them.

You'll spin anything.

It is good politics but by no measure what America needs.. unfettered access to her own energy reserves.

Our oil will do absolutely nothing to help our energy needs. We simply don't have enough to make a dent. It's a drop in the bucket.
 
Actually, several states support it. And this includes parts of Alaska. California pretty much doesn't like it, and he excluded them.

You'll spin anything.



Our oil will do absolutely nothing to help our energy needs. We simply don't have enough to make a dent. It's a drop in the bucket.

So to speak.....:)
I do think we should be looking at drilling down by Cuba before someone else does.....
We should leave our strategic supplies untouched, for when we really need them.....
..... andpump the Middle East dry, then we won't need them.......;)
 
just own up to it.......it doesn't matter what obama does, you will always find a reason to be a detractor.


portends? what does that mean in this context?

I was at first fooled by this drilling thing too, and as such even told a couple folks that he had done a good thing until I read what his actual statement was... I also gave him credit in the pre-inauguration times when he was selecting his cabinet.. all the way up to his 4th day in office when in the dark of night he signed a moratorium on all oil exploration in on our lands and offshore. When he iced those pirates he also got a BIG atta'boy from me!

portend.. indicate. tell of..

DETRACTOR?? WOW that's pretty strong language!.. :shock:
 
So to speak.....:)
I do think we should be looking at drilling down by Cuba before someone else does.....
We should leave our strategic supplies untouched, for when we really need them.....
..... andpump the Middle East dry, then we won't need them.......;)

Exactly! The fact that we only have small supplies means we should save them, not suck them up. Especially for national security reasons.

It's just like the whole government spending argument - don't spend like pigs now and make our grandchildren pay for it. You'd think more conservatives would get this.
 
I was at first fooled by this drilling thing too, and as such even told a couple folks that he had done a good thing until I read what his actual statement was.

And what parts of his statement are a problem for you? Quote them please.
 
Exactly! The fact that we only have small supplies means we should save them, not suck them up. Especially for national security reasons.

It's just like the whole government spending argument - don't spend like pigs now and make our grandchildren pay for it. You'd think more conservatives would get this.

I agree with you even more......:shock:
Stop that!..........:mrgreen:
 
I agree with you even more......:shock:
Stop that!..........:mrgreen:

Conservative = conservation! Or else you're actually a lib...no, I won't say it.
 
Our oil will do absolutely nothing to help our energy needs. We simply don't have enough to make a dent. It's a drop in the bucket.

Our oil, natural gas, oil sands (still lacking some technology, but works already when we get near about $3 gal for gas), and COAL.. BUT you're right we only have enough for a 1/2 century or so... But I DO know where you get that info.. I watch MSNBC and CNN too... It's a DAMN liberal lie! So is "it will take 10 years" for it to get from drill set to market.. as well the whooper about we can't have the fuel we mine here.....All that crap came obviously, from the same source (I have no idea where but it must be true I saw it on TV...:rofl)

Had we started 10 years ago, we would be energy independent now... if we don't start now we won't be independent in 10 years from now either! The kick in the pants is we've already spent 1/2 trillion dollars on "energy independence" that was squandered by bureaucrats and we gained nothing from it..

I am only a "far-righty" when it comes to the federal government.. I am pro entitlement programs run by the states, my godson is a MD survivor and without entitlements he simply would not be alive today... I also support some gun control as provided by the states as long as it doesn't infringe the 2nd... I take great exception to the power hungry in Washington (progressives on both sides) when they start stepping on the Constitution. I realize that we have ALL (except the eldest of us) been taught that the Constitution was a flawed document.. I have learned better. And yes Virginia I do believe that socialists exist, maybe an over simplification, but that collectivism is alive and well in Washington and the Whitehouse itself.

I believe the Constitution is a contract and that Washington is in breach if it.

I am NOT your enemy.. I am an American.
 
Exactly! The fact that we only have small supplies means we should save them, not suck them up. Especially for national security reasons.

It's just like the whole government spending argument - don't spend like pigs now and make our grandchildren pay for it. You'd think more conservatives would get this.
Our own supplies are useless unless they are drilled and ready to go. Waiting till an emergency is too little too late.
 
Our oil, natural gas, oil sands (still lacking some technology, but works already when we get near about $3 gal for gas), and COAL.. BUT you're right we only have enough for a 1/2 century or so... But I DO know where you get that info.. I watch MSNBC and CNN too... It's a DAMN liberal lie!

My info comes from the U.S. Department of Energy.

Stop making a bigger fool of yourself.

Had we started 10 years ago, we would be energy independent now

That's completely ****ing absurd.

We will NEVER be energy independent - not of oil at least. Never. We simply don't have enough oil. The sooner you accept that basic fact and stop spewing "liberal lie" crap, the smarter you'll be.

I am NOT your enemy.. I am an American.

Okay. Great.

Oil is oil. It has no political ideology. Nor do the numbers. They say we simply don't have enough oil to hope to put a dent in gas prices, let alone become independent of foreign oil. It will never happen. It's just the truth.
 
So how long before the Saudis run out of oil?
 
I rode my bike to work today. It took me the same time as public transportation or driving. I had no traffic...

fascinating

can you BIKE POOL

do you do TANDEMS?

LOL!
 
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