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

  1. #181
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Erod View Post
    No, no, no. Read it again.

    I don't worry about it because I have full faith in American ingenuity and resolve. We're working on it right now, probably at a level and pace that would dumbfound us both. There's government, then there's what's happening behind government.
    Some problems can not be solved. Cheap abundant energy is most likely one of them. It's the same people of faith that got us into this mess.
    "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: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Erod View Post
    I have more faith in American people, and the people are awake now, much to the chagrin of both parties. Washington is being scrutinized bigtime by real people, not just a media that has its own skin in the game.

    Just look at this forum. This wasn't happening even in the coffee shops or by the water coolers 15 years ago. We're paying attention now, and there's hell to pay.
    You really do live in a fantasy world. Keep the faith.
    "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

  3. #183
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by USA_1 View Post
    Some problems can not be solved. Cheap abundant energy is most likely one of them. It's the same people of faith that got us into this mess.
    Like I said, we'll handle it. This is far from our biggest problem in all this. Our dependence on third-worlders is far more disturbing to me than solving the next energy solution.

    You know what's scary? Imagine this.

    We solve the energy problem altogether. There is now almost no need for oil other than plastics and whatnot. Our need is reduced to a million barrels a year.

    What's the middle east look like now? Ever watch 100 billion people starve to death?

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

    Quote Originally Posted by Erod View Post
    No, I've heard varying opinions like everybody. The problem is, it's such a politically charged issue, that you can find someone to support what you want the answer to be no matter what.

    Here's one (by MSNBC, no less) that says we have 122 years left.

    World oil supply still plentiful, study shows - Business - Oil & energy - msnbc.com

    Here's one that says there are huge amounts that we haven't even located yet.

    Not

    The fact is, no one knows for sure. Right now, we have so little idea of what is below the first couple of miles of the earth's crust, it's impossilble to make any real calculations.
    Here is a comic from the 70's that said we were going to run out in 1986

    Peak Oil Message

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

    Quote Originally Posted by USA_1 View Post
    You people just don't get it.
    Yeah, I get it:

    Researchers in California, Oregon and Washington noticed specks of sulfur compounds, carbon and other byproducts of coal combustion coating the silvery surfaces of their mountaintop detectors. These microscopic particles can work their way deep into the lungs, contributing to respiratory damage, heart disease and cancer.

    Filters near Lake Tahoe in the mountains of eastern California "are the darkest that we've seen" outside smoggy urban areas, said Steven S. Cliff, an atmospheric scientist at the University of California at Davis.

    Unless China finds a way to clean up its coal plants and the thousands of factories that burn coal, pollution will soar both at home and abroad. The increase in global-warming gases from China's coal use will probably exceed that for all industrialized countries combined over the next 25 years, surpassing by five times the reduction in such emissions that the Kyoto Protocol seeks.

    http://www.nytimes.com/2006/06/11/bu...chinacoal.html
    What the Cristal Rose and truffle crowd doesn't get is global problems require global solutions, not solutions that place our country at a competitive disadvantage when we already have 9% unemployment while sending American workers into penury because they can't pay a ****ing light bill.
    Last edited by Ahlevah; 02-28-11 at 01:48 PM.
    Нава́льный 2018

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

    Quote Originally Posted by USA_1 View Post
    Why didn't the republicans do something? They had 6 years of total control. The truth is the oil companies are happy with the way things are. They like shortages and huge profits.
    Using our own reserves up even faster will not solve anything.
    The GOP had a very small majority so the democrats could block anything they wanted to. Few have a filibuster proof congress like Obama had for 2 years

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

    Quote Originally Posted by USA_1 View Post
    The Bakken is 8 months suppy at current US consumption. It's 3.6 billion barrels and we consume 7 billion barrels a year. Do the math.
    You people just don't get it.
    A few years ago they said the oil would be hard to get.

    Etimates are often wrong

    The Bakken factor: Could this oil reserve become that reliable bridge to a sustainable energy future? | Editorial | Chron.com - Houston Chronicle

    The news may not rate with a No. 1 ranking in the college football polls, but residents of North Dakota have reason make that 11 billion reasons to have their own celebration in this new year.

    Eleven billion barrels is the latest estimate of reserves in the state's share of the Bakken Formation, which extends for some 25,000 square miles from Canada down into Montana, Wyoming and the Dakotas. Increasingly, the Bakken is being viewed as a major oil resource in the United States.

    Eleven billion barrels is double the previous estimate of reserves, and could eventually push North Dakota into second place among the states for oil production, leapfrogging over California and Alaska and trailing only Texas.

  8. #188
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Erod View Post
    Like I said, we'll handle it. This is far from our biggest problem in all this. Our dependence on third-worlders is far more disturbing to me than solving the next energy solution.

    You know what's scary? Imagine this.

    We solve the energy problem altogether. There is now almost no need for oil other than plastics and whatnot. Our need is reduced to a million barrels a year.

    What's the middle east look like now? Ever watch 100 billion people starve to death?
    But "solutions" cannot be legislated or held to a timetable, and even when we find one, it tends to create new problems.

    The biggest problem, IMO, is the lack of concern by 300 million Americans. If we really wanted to, we could cut our usage to the point that OPEC members would be crapping themselves, and I mean right now.
    Making our cars get better fuel mileage only gives us an excuse to drive more. Problem NOT solved....
    Using our cars less is a better answer to the problem.

    Where are the leaders calling for 65 mph speed limits on the freeways? My 2000 Impala gets far better mpg than advertised, but it is how I drive it that makes the difference.
    Oracle of Utah
    Truth rings hollow in empty heads.

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

    the solution---omnibus energy, national mobilization (like fdr in ww2), emergency footing

    oil, offshore, anwr, refineries, electrical power plants, clean coal, natural gas, nukes, wind, solar, tidal, butterfly wings, shale, batteries, electric cars, public investment in, tax breaks for, r&d...

    anything that could conceivably return to the american economy POWER

    energy is a guaranteed worldwide critical shortage for at least the next 50 years, he who produces power will have the entire planet at his well grounded feet

    this is a JOBS initiative, these are great JOBS we're talkin---professional, productive, secure, with room for growth, benefits, retirements, health care...

    this nation is emotionally and psychologically more than ready, it's chomping at the bit to channel its energies into initiatives holding promise to rescue this once great usa

    the american people will react to leadership's call with the enthusiasm mustered by fdr in our last national emergency

    the solution---omnibus energy, national mobilization, war footing

    JOBS!

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

    Quote Originally Posted by The Prof View Post
    the solution---omnibus energy, national mobilization (like fdr in ww2), emergency footing

    oil, offshore, anwr, refineries, electrical power plants, clean coal, natural gas, nukes, wind, solar, tidal, butterfly wings, shale, batteries, electric cars, public investment in, tax breaks for, r&d...

    anything that could conceivably return to the american economy POWER

    energy is a guaranteed worldwide critical shortage for at least the next 50 years, he who produces power will have the entire planet at his well grounded feet

    this is a JOBS initiative, these are great JOBS we're talkin---professional, productive, secure, with room for growth, benefits, retirements, health care...

    this nation is emotionally and psychologically more than ready, it's chomping at the bit to channel its energies into initiatives holding promise to rescue this once great usa

    the american people will react to leadership's call with the enthusiasm mustered by fdr in our last national emergency

    the solution---omnibus energy, national mobilization, war footing

    JOBS!
    So much for free markets.
    "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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