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Thread: US bans offshore drilling as Deepwater Horizon slick hits land

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    Re: US bans offshore drilling as Deepwater Horizon slick hits land

    Quote Originally Posted by USA-1 View Post
    And those fools actually believe it will make a difference. We could triple our offshore drilling and it would have zero effect on the price of gasoline.
    Shut down all drilling in American waters and watch what happens to the price of gas. Watch what happens to the American economy. Then see what a difference it makes.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: US bans offshore drilling as Deepwater Horizon slick hits land

    Quote Originally Posted by Gina View Post
    So do the shrimpers and others who make their living from the Gulf waters.

    Gulf oil spill: Southwest Florida's shrimp industry to be ‘devastated’ | news-press.com | The News-Press
    OMG!! More drama. The Florida shrimp industry hasn't been affected one bit by this spill. Neither has the Louisiana shrimp industry, for that matter.

    The funniest part of your post, is that treehuggers don't like fishermen, either...
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: US bans offshore drilling as Deepwater Horizon slick hits land

    Quote Originally Posted by apdst View Post
    Shut down all drilling in American waters and watch what happens to the price of gas. Watch what happens to the American economy. Then see what a difference it makes.
    of course they'll raise the price if there's less oil, but that doesn't mean they'll lower it if there's more
    So follow me into the desert
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    And all the little pigs have God

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    Re: US bans offshore drilling as Deepwater Horizon slick hits land

    Quote Originally Posted by spud_meister View Post
    of course they'll raise the price if there's less oil, but that doesn't mean they'll lower it if there's more
    You know how redundant that statement is?...

    Why give them an excuse to raise the price? Why import more oil, allowing OPEC to set the market how they wish? That would be stupid to put ourselves in such a position.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  5. #115
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    Re: US bans offshore drilling as Deepwater Horizon slick hits land

    Quote Originally Posted by apdst View Post
    Shut down all drilling in American waters and watch what happens to the price of gas. Watch what happens to the American economy. Then see what a difference it makes.
    Sure it will go up. Never said it wouldn't, but you could open up every square inch of US waters for drilling and it would make zero difference in the price of gas.

    "The debate about offshore drilling stems from questions over how much oil potentially could be recovered from underwater fields versus the time and cost, both in dollars and environmental impact, related to that process. Common misperceptions notwithstanding, the debate does NOT stem from notions that offshore drilling could eliminate U.S. need for foreign oil (at current consumption, the U.S. uses 8 billion barrels of oil per year; conventionally recoverable oil from offshore drilling is thought to be 18 billion barrels total ever—not per year). The debate does NOT stem from notions that offshore drilling would guarantee lower fuel prices (oil is a global commodity, and U.S. production is not big enough to influence global prices)."
    Last edited by USA_1; 05-09-10 at 02:36 PM.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: US bans offshore drilling as Deepwater Horizon slick hits land

    Quote Originally Posted by USA-1 View Post
    Sure it will go up. Never said it wouldn't, but you could open up every square inch of US waters for drilling and it would make zero difference in the price of gas.

    "The debate about offshore drilling stems from questions over how much oil potentially could be recovered from underwater fields versus the time and cost, both in dollars and environmental impact, related to that process. Common misperceptions notwithstanding, the debate does NOT stem from notions that offshore drilling could eliminate U.S. need for foreign oil (at current consumption, the U.S. uses 8 billion barrels of oil per year; conventionally recoverable oil from offshore drilling is thought to be 18 billion barrels total ever—not per year). The debate does NOT stem from notions that offshore drilling would guarantee lower fuel prices (oil is a global commodity, and U.S. production is not big enough to influence global prices)."

    Whatever, but if we stop producing, hold onto your hat when gas prices sky rocket.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: US bans offshore drilling as Deepwater Horizon slick hits land

    If the average American drives 12000 miles per year, at an average fuel economy of around 23mpg, consuming about 522 gallons of fuel at $3 per gallon, then they spend about $1,566 annually on fuel; or $130 per month.

    If the price of gas goes up to $5 per gallon, then the average American will spend $2,610 annually, a difference of only $1,044, or $87 per month, for a total monthly fuel cost of $217.

    If $87 brakes your budget, then the cost of fuel is not your problem. You're already poor and need a plan to get out of debt and begin accumulating wealth.

    Dave Ramsey Homepage - daveramsey.com

    Let the price of gas go up to $5 per gallon. That, also, will be a non-issue.

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    Re: US bans offshore drilling as Deepwater Horizon slick hits land

    Quote Originally Posted by Jerry View Post
    If the average American drives 12000 miles per year, at an average fuel economy of around 23mpg, consuming about 522 gallons of fuel at $3 per gallon, then they spend about $1,566 annually on fuel; or $130 per month.

    If the price of gas goes up to $5 per gallon, then the average American will spend $2,610 annually, a difference of only $1,044, or $87 per month, for a total monthly fuel cost of $217.

    If $87 brakes your budget, then the cost of fuel is not your problem. You're already poor and need a plan to get out of debt and begin accumulating wealth.

    Dave Ramsey Homepage - daveramsey.com

    Let the price of gas go up to $5 per gallon. That, also, will be a non-issue.

    Let's apply the same math:

    If a truck drives 3,000 miles a week, at 6 mpg, averaging a $1.50 per loaded mile and diesel is $5 per gallon. That's $2,500 in fuel each week and $4,500 in gross revenue. Subtract the fuel from the revenue and you get $2,000. So, right off the bat, half of that truck's overhead is spent in fuel. That's before tires, service, plates, tags and permits and driver pay. If he's an owner operator, he has to pay his household bills from that money. Kinda hard to accumulate wealth with those numbers. What isn't hard, is to see that some trucking companies aren't going to be in business for very long, unless there's a serious rate increase, which will mean way more than just another $87 out one's wallet each month.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: US bans offshore drilling as Deepwater Horizon slick hits land

    Quote Originally Posted by apdst View Post
    Let's apply the same math:

    If a truck drives 3,000 miles a week, at 6 mpg, averaging a $1.50 per loaded mile and diesel is $5 per gallon. That's $2,500 in fuel each week and $4,500 in gross revenue. Subtract the fuel from the revenue and you get $2,000. So, right off the bat, half of that truck's overhead is spent in fuel. That's before tires, service, plates, tags and permits and driver pay. If he's an owner operator, he has to pay his household bills from that money. Kinda hard to accumulate wealth with those numbers. What isn't hard, is to see that some trucking companies aren't going to be in business for very long, unless there's a serious rate increase, which will mean way more than just another $87 out one's wallet each month.
    The average American can absorb a 4%, even a 10% increase in their food budget, for example.

    Pizza and beer now cost an arm and a leg - Food Inc.- msnbc.com

    So let the trucking companies charge what they have to, it's all good.

  10. #120
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    Re: US bans offshore drilling as Deepwater Horizon slick hits land

    Quote Originally Posted by Jerry View Post
    The average American can absorb a 4%, even a 10% increase in their food budget, for example.

    Pizza and beer now cost an arm and a leg - Food Inc.- msnbc.com

    So let the trucking companies charge what they have to, it's all good.
    But, why absorb more costs, in a piss poor economy, with all manner a new taxes coming down the pipe, if we don't have to?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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