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Thread: Obama loses drilling moratorium appeal

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    Re: Obama loses drilling moratorium appeal

    Quote Originally Posted by bicycleman View Post
    The profit margin is 8 to 10%. All businesses are allowed to make profits. That's capitalism. Profits allow more investiment into larger facilities and creating more jobs. Taxing the oil companies just means that the oil companies will pass these taxes onto the consumer in higher gas prices. That's not a winning solution to the consumer.
    Actually, it IS a winning solution for our nation's longterm future IF that higher price forces consumers to make different fuel consumption choices.

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    Re: Obama loses drilling moratorium appeal

    Quote Originally Posted by NolaMan View Post
    I am fine with that, provided we also eliminate subsidies for wind, solar etc, and truly let the free market win.
    Except that Wind/Solar are clean and sustainable. Petroleum use isn't.

    In many scenarios oil companies are given subsidies and tax breaks for their research and work into alternative fuel sources. That might be something we might not want to do away with persay if rapid alternative energy development is the end goal.
    Work on alternative fuel sources should continue to be subsidized. It's much cheaper than funding wars in the middle east.

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    Re: Obama loses drilling moratorium appeal

    Quote Originally Posted by Catz Part Deux View Post
    Except that Wind/Solar are clean and sustainable. Petroleum use isn't.
    Ok, but petroleum is cheap, wind and solar are not. Find a way (without massive subsidies) to make wind and solar economically viable, and I am all for it.

    Work on alternative fuel sources should continue to be subsidized.
    I don't disagree persay, but we need to understand that this involves subsidies to oil companies in many scenarios.

    It's much cheaper than funding wars in the middle east.
    I don't buy the argument we went to war for oil, but that is not for this thread.

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    Re: Obama loses drilling moratorium appeal

    Quote Originally Posted by NolaMan View Post
    Department of the Interior Press Release on the issue.

    If you scroll down with in it, you will see this:


    There will be a link to view the inspection report by clicking on that.


    "Inspections of deepwater platforms is ongoing"......

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    Re: Obama loses drilling moratorium appeal

    Quote Originally Posted by liblady View Post
    and you would rather carry on, business as usual, when it can't be denied that NO oil company has any freaking way to deal with a disaster like the present one?
    great idea.
    So do you propose, we never use oil again and get around by horse and buggy, instead?

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    Re: Obama loses drilling moratorium appeal

    Quote Originally Posted by liblady View Post
    "Inspections of deepwater platforms is ongoing"......
    Seriously? That is your reply? Inspections are by law technically always ongoing on platforms etc... that is nothing new. What this release says is that all the rigs were inspected post the BP blowout and passed. If you opened the inspection report (which I can only assume you did not) you would have seen that every rigs was accounted for that the moratorium covered.

    Your argument amounts to arguing that a nuclear plant should be shut down because its scheduled inspection next month has yet to be completed.

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    Re: Obama loses drilling moratorium appeal

    Quote Originally Posted by Catz Part Deux View Post
    Actually, it IS a winning solution for our nation's longterm future IF that higher price forces consumers to make different fuel consumption choices.
    I am a part time farmer, as well as working in the city. I have to drive a long way to work, but even if I didn't drive to work and did only farming, I still have to get fuel for my farm equipment. If I can't get fuel, I can't farm. If I can't farm, I can't plant or grow any crops, so barring planting by hand, eventually the food supply that you city folk depend on will soon dry up, not to mention that truckers won't be able to get diesel fuel to power their trucks. Nothing will run, and you city folk won't be able to buy food because there won't be any, and eventually, you will starve. Without the use of oil, what are you going to live on, Obama's promises, or the smoke he constantly blows up our asses?
    Last edited by bicycleman; 07-09-10 at 02:34 PM.

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    Re: Obama loses drilling moratorium appeal

    Quote Originally Posted by bicycleman View Post
    So do you propose, we never use oil again and get around by horse and buggy, instead?
    no and try to realize this is a serious problem in the US that must be addressed. our overwhelming dependancy on oil can be tapered back alot, if we as americans choose to do so.
    no administration wants to be the big bad wolf, but american "can-f'n-doism" has sorely needed a kick in the arse for some time and now is as good a time as any. we no longer seem to be the leader of the pack technologically/financially/evolutionally and that needs to change 180degrees or at least get caught up and even to the rest of civilization.

    by the way, the price at the pump in my town is ~2.50 per gal, even in light of all the controversy. we'd be at $5 per gal 3 or 4yrs ago. what is that about?

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    Re: Obama loses drilling moratorium appeal

    Quote Originally Posted by WhyteRash View Post

    by the way, the price at the pump in my town is ~2.50 per gal, even in light of all the controversy. we'd be at $5 per gal 3 or 4yrs ago. what is that about?
    The BP rig was not yet producing, so its explosion did not really impact supply. Additionally, the economic situation is keeping the price of oil down as demand is not what it was a few years ago, but supply has remained more or less constant over that time frame.

    In the same way that oil speculation can drive prices up sometimes, it can also keep them down when people are speculating that a global recovery is not about to take off yet.

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    Re: Obama loses drilling moratorium appeal

    Quote Originally Posted by WhyteRash View Post
    no and try to realize this is a serious problem in the US that must be addressed. our overwhelming dependancy on oil can be tapered back alot, if we as americans choose to do so.
    no administration wants to be the big bad wolf, but american "can-f'n-doism" has sorely needed a kick in the arse for some time and now is as good a time as any. we no longer seem to be the leader of the pack technologically/financially/evolutionally and that needs to change 180degrees or at least get caught up and even to the rest of civilization.

    by the way, the price at the pump in my town is ~2.50 per gal, even in light of all the controversy. we'd be at $5 per gal 3 or 4yrs ago. what is that about?
    Soon as the dems start levying taxes on the oil companies, you'll get your $5 gas.

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