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

  1. #241
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by UtahBill View Post
    do you mean continental shelf? I doubt pelosi has the power to block drilling off the entire continent.

    or can you source your claim?

    FYI, I am a trained nuclear power plant operator, and an old car enthusiast. I don't go for horsepower, that is a waste of fuel.
    My vehicles get above average mpg, because I know how to drive to get better mpg.
    The government has the power to issue drilling permits for off-continental-shelf drilling operations.
    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.

  2. #242
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by UtahBill View Post
    Carter was an engineer, he actually understood the energy issues.
    LOL!

    carter had no understanding of the american people, he was a completely incompetent politician

    obama's far worse

    SUE, baby, SUE!

  3. #243
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Gill View Post
    Duh, that's when she blocked Bush's proposal to drill offshore. Do you think Bush is still President??
    wasn't it daddy bush who blocked it in his day?
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  4. #244
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Gill View Post
    If he doesn't have an engineering degree and is registered as a P.E., he's not an engineer in anything.

    P.S.: I have an engineering degree.
    I have worked with engineers, some were P.E., passing that test didn't mean they were good engineers.
    I have also worked with reactor operators who scared me with their attitude towards their jobs.

    Carter may have sucked at foreign policy, but not at engineering. What kind of engineer are you?
    Oracle of Utah
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  5. #245
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by UtahBill View Post
    Carter was an engineer (who) actually understood the energy issues...
    and gave us the first failed U.S. national energy "policy," including U.S. Synfuels Corporation:

    Launched by President Carter with fanfare in 1980, SFC's mission was to shepherd in a new industry -- one that would tap unconventional resources like coal, tar sands, oil shale and heavy crude to meet future U.S. oil and natural gas needs.

    As a sign of its commitment to this mission, Congress had empowered the new investment bank to spend up to $88 billion. While the price tag was high, public sentiment in the wake of Arab-oil embargoes suggested that the independence from foreign oil supplies that it promised was worth every penny.

    But dissatisfaction with SFC developed quickly. The Reagan administration complained that the new agency's charter -- providing subsidies to private industry for commercial-scale projects-ran counter to free-market principles. Congressional supporters of the agency in turn challenged the good faith of officers President Reagan nominated to run the bank. (For example, prior to chairing the agency, Edward Noble is widely reorted to have advised President Reagan to abolish the agency.)

    Before long, complaints developed over SFC's sluggish activity. The agency had initially been expected to approve up to $20 billion in financial backing of loans and product prices to reach its first milestone: the production of 500,000 barrels of crude-oil equivalent daily by 1987. As of July 1985, however, SFC had committed only $1.2 billion toward three projects--and they would yield less than 2 percent of that 1987 production target Congress had set. Then there were scandals, charges of lavish spending and mismanagement by SFC officials (SN: 8/4/84, p. 74).

    Congress kills the U.S. Synfuels Corp | Science News | Find Articles at BNET
    After U.S. energy companies and investors wrote off billions of dollars worth of investments in various alternative energy schemes, such as Exxon's $1 billion Colony oil shale project in Colorado and the $1.5 billion Great Plains coal gassification plant in Beulah, N.D., they finally threw in the towel and went back to their knitting: oil and gas.
    Нава́льный 2018

  6. #246
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by UtahBill View Post
    wasn't it daddy bush who blocked it in his day?
    Don't know, don't care.

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





  7. #247
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by UtahBill View Post
    I have worked with engineers, some were P.E., passing that test didn't mean they were good engineers.
    I have also worked with reactor operators who scared me with their attitude towards their jobs.

    Carter may have sucked at foreign policy, but not at engineering. What kind of engineer are you?
    If you are not a registered PE, then you not legally an engineer and can't call yourself one. Engineers are like everyone else, some are good and some are not.

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





  8. #248
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Gill View Post
    Engineers are like everyone else, some are good and some are not.
    same with presidents

    LOL!

  9. #249
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Mickey Shane View Post
    We have to hoard our oil. The ME cannot sustain the amount of oil production at current levels indefinitely. When they start to deplete their reservoirs, all Hell's going to break loose. We have to be able to mobilize our armed forces after the ME runs dry.

    I will not witness this in my lifetime. But, push will come to shove sometime in the future. Maybe the switch to nuclear fuels will occur seamlessly and maybe it won't. We must conserve our crude oil reserves just in case.
    Push already did come to shove. Our forces are already established in the ME. That was the purpose of the invasion and military occupation in Iraq.

    Drill baby drill is just a campaign slogan to work up the base uneducated about the fact we passed peak oil in this country in 1971.
    Last edited by Catawba; 02-28-11 at 05:50 PM.
    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

  10. #250
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Ahlevah View Post
    and gave us the first failed U.S. national energy "policy," including U.S. Synfuels Corporation:



    After U.S. energy companies and investors wrote off billions of dollars worth of investments in various alternative energy schemes, such as Exxon's $1 billion Colony oil shale project in Colorado and the $1.5 billion Great Plains coal gassification plant in Beulah, N.D., they finally threw in the towel and went back to their knitting: oil and gas.
    Yeah, nip research in the bud....thanks, Ronnie....
    Oracle of Utah
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