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

  1. #201
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by The Prof View Post
    you sound like the dnc
    Don't pay much attention to the democrats, but I don't blame them for the energy mess. The only president that came up with an energy policy that would wean us off foriegn oil was Carter. It was working so good that Reagan scrapped it when oil profits started to drop. So who really is to blame?
    "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 ptif219 View Post
    How can you say when the estimates are wrong. I see you believe the liberal policy it won't last very long so don't do it
    So what is your estimate for the Bakken? How many years of US consumption does it hold? One? Two?
    I believe all our oil reserves should be tapped, safely and they will be eventually. I also believe that we can't drill our way to energy independance. The numbers, no matter how inflated prove that.
    "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. #203
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    Re: Oil rises above $90 amid US crude supply drop

    jimmy carter---LOL!

    no wonder cap and trade never made it past first base

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

    Quote Originally Posted by ptif219 View Post
    Everything so far makes us use more. Ethanol that the government demands we use lowers MPG and cuts performance of a motor.

    The big truck I drove in 2004 went 74 miles an hour and got 7.5 miles per gallon today my big truck goes 65 and I struggle to get 5.5 miles per gallon. The government is the problem.
    Actually ethanol increases performance, but does decrease mpg
    Happy Hanukkah Cheerfull Kwanzaa
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by USA_1 View Post
    Oh. So don't even try? Yu guys are really pathetic. Now you are blaming democrats when they were not in power.
    They had more power than the GOP had the first 2 years of Obama. Bush pushed for drilling his whole presidency and we still are not drilling in anwar

    Bush lifts oil drilling ban, wants Congress to act

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

    Quote Originally Posted by ptif219 View Post
    . Bush pushed for drilling his whole presidency and we still are not drilling in anwar

    ]
    Bush did nothing to increase oil production. US production dropped during his two terms and increased the first two years of Obama.

    http://www.indexmundi.com/united_sta...roduction.html
    Last edited by USA_1; 02-28-11 at 03:21 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: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by USA_1 View Post
    I know. So do you really think the Bakken reserve will solve our problem? Do you think they can get three billion bbls a year out of it. For three years? The Bakken is only a year or two of US consumption.
    No single oil field will "solve" our problem. It will help our import problem however. I don't understand why you would think any particular oil find should have to "solve" our oil dependency problem or it is insignificant. That's the same absurd argument against drilling in ANWR.

    With every bit of oil we find and recover, that is a little more that we don't have to import. If we get 3 billion barrels of oil from Bakken, that is $300 billion dollars we don't send to another country.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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

    Quote Originally Posted by Lord Tammerlain View Post
    Actually ethanol increases performance, but does decrease mpg
    It does not that is a lie. I have a 2000 GMC Sierra with headers and a computer chip and noticed a big difference in power when I started using ethanol free gas.

    The Ethanol Mistake

    Meanwhile, evidence is mounting that ethanol is a failure in virtually every way. It takes more energy to produce it than the fuel provides. Food supplies around the world have been disrupted because so much of the corn crop now goes to ethanol. It costs taxpayers billions of dollars in subsidies at a time when our nation is already $12 trillion in debt. Even environmentalists have turned against it; research shows that ethanol production increases the amount of carbon dioxide released into the atmosphere.

    Here in Maine, as every motorist knows, the 10 percent mixture of ethanol in our gas has reduced mileage per gallon and decreased engine power. But a more serious issue also has emerged: ethanol is impairing engine performance in boats and older engines of various sorts. It requires expensive additives to keep from damaging older fuel systems, and it breaks down in the presence of moisture. The consequences can include engine failure and potentially life-threatening situations. It is so unstable its use is forbidden in aircraft.

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

    Quote Originally Posted by USA_1 View Post
    Bush did nothing to increase oil production. US production dropped during his two terms and increased the first two years of Obama.

    United States Oil - production - Economy
    Because democrats blocked him

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

    Quote Originally Posted by Gill View Post
    No single oil field will "solve" our problem. It will help our import problem however. I don't understand why you would think any particular oil find should have to "solve" our oil dependency problem or it is insignificant. That's the same absurd argument against drilling in ANWR.

    With every bit of oil we find and recover, that is a little more that we don't have to import. If we get 3 billion barrels of oil from Bakken, that is $300 billion dollars we don't send to another country.
    All more drilling does is use up our reserves faster. Then what? We have to find alternatives. Soon. Before it's too late. This short term thinking is what got us into this mess.
    By the way I am for drilling ANWR and Bakken, but that will not solve anything like the republicans claim. It's just too bad Carters energy policy was scrapped by Reagan. We could be driving cars that get 70 miles to the gallon by now and not importing a drop of oil.
    "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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