Page 114 of 173 FirstFirst ... 1464104112113114115116124164 ... LastLast
Results 1,131 to 1,140 of 1728

Thread: Oil rises above $90 amid US crude supply drop

  1. #1131
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by m4rgery View Post
    The answer is simple...very simple....economics.

    If the situation was truly as bad as the left prosthelytizes, then companies would be tripping over each other to find the next best thing (fuel source). Whomever created/invented this tech would create a global energy market that would eclipse overall oil revenues in a few years....not 20-30 years as some have suggested. However, since the world reserves are nowhere near depleted such deviation into a source market that has no 'real' value is quite simply a bad investment.
    Thanks for your opinion.

    US military warns oil output may dip causing massive shortages by 2015

    "By 2012, surplus oil production capacity could entirely disappear, and as early as 2015, the shortfall in output could reach nearly 10 million barrels per day," says the report, which has a foreword by a senior commander, General James N Mattis."
    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

  2. #1132
    Educator
    Amazed's Avatar
    Join Date
    Feb 2011
    Location
    North of Dorothy's Home.
    Last Seen
    04-30-15 @ 10:53 PM
    Gender
    Lean
    Other
    Posts
    1,001

    Re: Oil rises above $90 amid US crude supply drop

    may dip causing massive shortages by 2015

    The US military has warned that surplus oil production capacity could disappear within two years and there could be serious shortages by 2015 with a significant economic and political impact.

    It adds: "While it is difficult to predict precisely what economic, political, and strategic effects such a shortfall might produce, it surely would reduce the prospects for growth in both the developing and developed worlds. Such an economic slowdown would exacerbate other unresolved tensions, push fragile and failing states further down the path toward collapse, and perhaps have serious economic impact on both China and India."

    But there are signs that the US Department of Energy might also be changing its stance on peak oil. In a recent interview with French newspaper, Le Monde, Glen Sweetnam, main oil adviser to the Obama administration, admitted that "a chance exists that we may experience a decline" of world liquid fuels production between 2011 and 2015 if the investment was not forthcoming.

    Golly....why?

    All of it is speculation..as is "Peak Oil"....

    Sorry.
    Obama is NOT 50 feet tall, he is ONE inch deep.
    Mark Levin

  3. #1133
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Harry Guerrilla View Post
    Yes that makes absolute sense, , people will want to pour liquid gold down their gas tanks because there is no other source of energy than oil.

    Someone else will develop it and we'll be all the merrier, sans the fear mongering.
    And you think that is all going to happen in the next couple years???? If so I have a bridge in Arizona you may want to take a look at. Why would the oil companies voluntarily give up their record profits selling a gullible public gasoline at ever increasing profits until the last drop is gone?

    So what, we don't need domestic supplies as long as there is oil in the world.
    And we don't mind killing people for it. That's your energy plan? And you call yourself a Libertarian???? Perhaps you missed the news, we are approaching world peak oil. See the warning by the US Military.
    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

  4. #1134
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Amazed View Post
    Golly....why?

    All of it is speculation..as is "Peak Oil"....

    Sorry.

    LOL! Who to believe, a ditzy conservative opinion on a polictical forum without anything whatsoever to back it up, or the US Military's assessment? A tough choice but I pick the US military's assessment, as well as my own study of the issue.
    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. #1135
    Educator
    Amazed's Avatar
    Join Date
    Feb 2011
    Location
    North of Dorothy's Home.
    Last Seen
    04-30-15 @ 10:53 PM
    Gender
    Lean
    Other
    Posts
    1,001

    Re: Oil rises above $90 amid US crude supply drop

    An assessment filled with "may", "could" , "might".....you see..it's as I told Dave it's a matter of Faith.

    The Military MUST/DOES plan ahead based upon EVERY contingency....I do not begrudge you your faith..but when it becomes you preaching to me...sorry....you ain't big enough....smart enough....or informed enough to tell me anything





    Quote Originally Posted by Catawba View Post
    LOL! Who to believe, a ditzy conservative opinion on a polictical forum without anything whatsoever to back it up, or the US Military's assessment? A tough choice but I pick the US military's assessment, as well as my own study of the issue.
    Obama is NOT 50 feet tall, he is ONE inch deep.
    Mark Levin

  6. #1136
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Amazed View Post
    An assessment filled with "may", "could" , "might".....you see..it's as I told Dave it's a matter of Faith.

    The Military MUST/DOES plan ahead based upon EVERY contingency....I do not begrudge you your faith..but when it becomes you preaching to me...sorry....you ain't big enough....smart enough....or informed enough to tell me anything
    Once again thank you for your unsubstantiated opinion.

    "The American people need to know about this situation and be told

    as well that there are no easy or quick solutions to today’s energy problems. The president has to begin

    educating the public about this reality and start building a broad base of popular support for the hard

    This recommendation sits at the core of an Independent Task Force Report sponsored by our two

    organizations. The Task Force was chaired by Edward L. Morse, a widely recognized authority on

    energy, and ably assisted by Amy Myers Jaffe of the James A. Baker Institute for Public Policy of Rice

    University. The Task Force included experts from every segment of the world of energy – producers,

    consumers, environmentalists, national security experts and others.


    There are no easy Solomonic solutions to the energy crises, only hard tradeoffs between legitimate

    and competing interests. Tightening environmental regulations, among other factors, have discouraged the

    rapid expansion of badly needed energy infrastructure in many U.S. locations. But Americans are also

    demanding a cleaner environment and cleaner energy.

    Strong economic growths across the globe and new global demands for more energy have meant the

    end of sustained surplus capacity in hydrocarbon fuels and the beginning of capacity limitations. In fact,

    the world is currently precariously close to utilizing all of its available oil-production capacity, raising the

    chances of an oil-supply crisis with more substantial consequences then seen in three decades. These

    limits mean that America can no longer assume that oil-producing states will provide more oil. Nor is it

    strategically and politically desirable to remedy our present tenuous situation by simply increasing our domestic supply


    So, we come to the report’s central dilemma: the American people continue to demand plentiful and

    cheap energy without sacrifice or inconvenience. But emerging technologies are not yet commercially

    viable to fill shortages and will not be for some time. Nor is surplus energy capacity available at this time

    to meet such demands. Indeed, the situation is worse than the oil shocks of the past because in the present

    energy situation, the tight oil market condition is coupled with shortages of natural gas in the United

    States, heating fuels for the winter, and electricity supplies in certain localities."

    Powered by Google Docs
    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

  7. #1137
    Educator
    Amazed's Avatar
    Join Date
    Feb 2011
    Location
    North of Dorothy's Home.
    Last Seen
    04-30-15 @ 10:53 PM
    Gender
    Lean
    Other
    Posts
    1,001

    Re: Oil rises above $90 amid US crude supply drop

    Don't preach to me Judas.....you cannot win.

    "Might", "Maybe", "Could"......if you want to "force" into anything...bring weapons.

    It will be fun.



    Quote Originally Posted by Catawba View Post
    Once again thank you for your unsubstantiated opinion.

    "The American people need to know about this situation and be told

    as well that there are no easy or quick solutions to today’s energy problems. The president has to begin

    educating the public about this reality and start building a broad base of popular support for the hard

    This recommendation sits at the core of an Independent Task Force Report sponsored by our two

    organizations. The Task Force was chaired by Edward L. Morse, a widely recognized authority on

    energy, and ably assisted by Amy Myers Jaffe of the James A. Baker Institute for Public Policy of Rice

    University. The Task Force included experts from every segment of the world of energy – producers,

    consumers, environmentalists, national security experts and others.


    There are no easy Solomonic solutions to the energy crises, only hard tradeoffs between legitimate

    and competing interests. Tightening environmental regulations, among other factors, have discouraged the

    rapid expansion of badly needed energy infrastructure in many U.S. locations. But Americans are also

    demanding a cleaner environment and cleaner energy.

    Strong economic growths across the globe and new global demands for more energy have meant the

    end of sustained surplus capacity in hydrocarbon fuels and the beginning of capacity limitations. In fact,

    the world is currently precariously close to utilizing all of its available oil-production capacity, raising the

    chances of an oil-supply crisis with more substantial consequences then seen in three decades. These

    limits mean that America can no longer assume that oil-producing states will provide more oil. Nor is it

    strategically and politically desirable to remedy our present tenuous situation by simply increasing our domestic supply


    So, we come to the report’s central dilemma: the American people continue to demand plentiful and

    cheap energy without sacrifice or inconvenience. But emerging technologies are not yet commercially

    viable to fill shortages and will not be for some time. Nor is surplus energy capacity available at this time

    to meet such demands. Indeed, the situation is worse than the oil shocks of the past because in the present

    energy situation, the tight oil market condition is coupled with shortages of natural gas in the United

    States, heating fuels for the winter, and electricity supplies in certain localities."

    Powered by Google Docs
    Obama is NOT 50 feet tall, he is ONE inch deep.
    Mark Levin

  8. #1138
    Sage
    Harry Guerrilla's Avatar
    Join Date
    Dec 2008
    Location
    Not affiliated with other libertarians.
    Last Seen
    09-01-17 @ 02:38 PM
    Gender
    Lean
    Libertarian
    Posts
    28,955

    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Catawba View Post
    And you think that is all going to happen in the next couple years???? If so I have a bridge in Arizona you may want to take a look at. Why would the oil companies voluntarily give up their record profits selling a gullible public gasoline at ever increasing profits until the last drop is gone?
    It's not an absolute prediction, because they don't really know.
    Oil companies don't have to give up anything, other people are already developing alternatives.

    You really really don't understand economics and the incentives that are involved.



    Quote Originally Posted by Catawba View Post
    And we don't mind killing people for it. That's your energy plan? And you call yourself a Libertarian???? Perhaps you missed the news, we are approaching world peak oil. See the warning by the US Military.
    See, fear mongering.
    OMG peak oil, I mean O-M-G!!
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

  9. #1139
    User
    Join Date
    Apr 2011
    Last Seen
    04-27-11 @ 09:26 AM
    Lean
    Undisclosed
    Posts
    10

    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Catawba View Post
    Once again thank you for your unsubstantiated opinion.

    "The American people need to know about this situation and be told

    as well that there are no easy or quick solutions to today’s energy problems. The president has to begin

    educating the public about this reality and start building a broad base of popular support for the hard

    This recommendation sits at the core of an Independent Task Force Report sponsored by our two

    organizations. The Task Force was chaired by Edward L. Morse, a widely recognized authority on

    energy, and ably assisted by Amy Myers Jaffe of the James A. Baker Institute for Public Policy of Rice

    University. The Task Force included experts from every segment of the world of energy – producers,

    consumers, environmentalists, national security experts and others.


    There are no easy Solomonic solutions to the energy crises, only hard tradeoffs between legitimate

    and competing interests. Tightening environmental regulations, among other factors, have discouraged the

    rapid expansion of badly needed energy infrastructure in many U.S. locations. But Americans are also

    demanding a cleaner environment and cleaner energy.

    Strong economic growths across the globe and new global demands for more energy have meant the

    end of sustained surplus capacity in hydrocarbon fuels and the beginning of capacity limitations. In fact,

    the world is currently precariously close to utilizing all of its available oil-production capacity, raising the

    chances of an oil-supply crisis with more substantial consequences then seen in three decades. These

    limits mean that America can no longer assume that oil-producing states will provide more oil. Nor is it

    strategically and politically desirable to remedy our present tenuous situation by simply increasing our domestic supply


    So, we come to the report’s central dilemma: the American people continue to demand plentiful and

    cheap energy without sacrifice or inconvenience. But emerging technologies are not yet commercially

    viable to fill shortages and will not be for some time. Nor is surplus energy capacity available at this time

    to meet such demands. Indeed, the situation is worse than the oil shocks of the past because in the present

    energy situation, the tight oil market condition is coupled with shortages of natural gas in the United

    States, heating fuels for the winter, and electricity supplies in certain localities."

    Powered by Google Docs
    First, you do know that was written in Feb. 2001? A bit outdated by any standard.....

    Second, it proposes to ease EPA restrictions/regualtions on building new refineries, nuclear power plants, natural gas exploration and domestic drilling (shame we didn't follow that part)

    Third, what that study had concluded was that there were PLENTY hydrocarbon sources available (petro), but not enough refineries to make a finished/consumer ready product. See quote (from your article):

    "Even more important for the future, estimates of the amount of undiscovered oil outside the United States are still rising according to the US Geological Survey, while the global search for natural gas has barely begun. The world WILL NOT run short of hydrocarbons in the foreseeable future. The problem is on of developing these and other fuels and getting them to the consumers who need them."

  10. #1140
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Amazed View Post
    Don't preach to me Judas.....you cannot win.

    "Might", "Maybe", "Could"......if you want to "force" into anything...bring weapons.

    It will be fun.
    Thanks for your opinion!
    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

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •