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

  1. #471
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Catawba View Post
    You left out conservation but that is basically what Carter said 3 decades ago, and people decided to go with Reagan instead.
    The problem with Carters policy is it started to work driving oil profits down. Reagan panicked and scrapped the whole thing. After all, profits are the most important thing in this country.
    "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
    The problem with Carters policy is it started to work driving oil profits down. Reagan panicked and scrapped the whole thing. After all, profits are the most important thing in this country.
    You are exactly right, I was there and saw it happen. Now, people are whining as if this wasn't a choice made in 1980.
    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

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

    says the apologists for him who would...

    well, let's let obama say it:

    "electricity rates will necessarily skyrocket"

    "so if somebody wants to build a coal plant, they can---it’s just that it will bankrupt them"

    http://www.youtube.com/watch?v=Hdi4onAQBWQ

    whatever DID happen to cap and trade, anyway?

    it PASSED the house...

    hmm

    seeya at the polls, pals

    bring ronnie jr

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

    Quote Originally Posted by Catawba View Post
    that is basically what Carter said 3 decades ago
    LOL!

    hardly

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

    Quote Originally Posted by The Prof View Post
    says the apologists for him who would...

    well, let's let obama say it:

    "electricity rates will necessarily skyrocket"

    "so if somebody wants to build a coal plant, they can---it’s just that it will bankrupt them"

    http://www.youtube.com/watch?v=Hdi4onAQBWQ

    whatever DID happen to cap and trade, anyway?

    it PASSED the house...

    hmm

    seeya at the polls, pals

    bring ronnie jr

    More opinion with no facts to back it up. Have you given up on "Drill baby Drill" being the answer to our energy problems?
    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

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

    Quote Originally Posted by Catawba View Post
    More opinion with no facts to back it up. Have you given up on "Drill baby Drill" being the answer to our energy problems?
    Seems you keep using and using the same old tired argument, of reaching peak oil in 1971, while that might or might not be true in the US, it certainly isn't accepted as fact world wide .. even the IEA has come out and said that conventional crude oil peaked in 2006

    you also have to remember that peak oil is defined on existing oil fields and the amount of oil being pumped from them, whenever a new oil reserve is found and tapped, that changes the peak oil numbers

    Now, in 2008 and 2009 oil production was up in the US Why?
    Projections from the U.S. Minerals Management Service (MMS) indicate that the primary driver for this year's U.S. oil production resurgence is actually just getting started. That driver is the Gulf of Mexico, where operators have begun launching a group of new fields, fulfilling what has been a decade-long focus on unlocking the promise of deepwater exploration there .

    Of course this had to stop, and Obama falsified reports to make sure he could put his ban on gulf coast drilling

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

    Quote Originally Posted by The Barbarian View Post
    Seems you keep using and using the same old tired argument, of reaching peak oil in 1971, while that might or might not be true in the US, it certainly isn't accepted as fact world wide .. even the IEA has come out and said that conventional crude oil peaked in 2006

    you also have to remember that peak oil is defined on existing oil fields and the amount of oil being pumped from them, whenever a new oil reserve is found and tapped, that changes the peak oil numbers

    Now, in 2008 and 2009 oil production was up in the US Why?
    Projections from the U.S. Minerals Management Service (MMS) indicate that the primary driver for this year's U.S. oil production resurgence is actually just getting started. That driver is the Gulf of Mexico, where operators have begun launching a group of new fields, fulfilling what has been a decade-long focus on unlocking the promise of deepwater exploration there .

    Of course this had to stop, and Obama falsified reports to make sure he could put his ban on gulf coast drilling
    How did Obama falsify reports?
    Oracle of Utah
    Truth rings hollow in empty heads.

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

    Quote Originally Posted by The Barbarian View Post
    Seems you keep using and using the same old tired argument, of reaching peak oil in 1971, while that might or might not be true in the US, it certainly isn't accepted as fact world wide .. even the IEA has come out and said that conventional crude oil peaked in 2006
    It is fact. We have never produced more than we did in 1970 in the US. The US military warned last year that we are approaching world peak oil as well, and that it could be as soon as 2015. Cheney and the oil companies also warned us back in 2002 in their report Energy Challenges for the 21st Century. Even president Bush spoke of our addiction to oil.

    you also have to remember that peak oil is defined on existing oil fields and the amount of oil being pumped from them, whenever a new oil reserve is found and tapped, that changes the peak oil numbers
    Not in relation to our demand in any significant way. That is why there has not been a single year since 1970 that we have produced as much as we have consumed.

    Now, in 2008 and 2009 oil production was up in the US Why?
    But did we produce more than we consume?

    Projections from the U.S. Minerals Management Service (MMS) indicate that the primary driver for this year's U.S. oil production resurgence is actually just getting started. That driver is the Gulf of Mexico, where operators have begun launching a group of new fields, fulfilling what has been a decade-long focus on unlocking the promise of deepwater exploration there .
    Well you be sure and let us know if we produce more oil than we consume. So far, it hasn't even made a blip in the price at the pump.

    Of course this had to stop, and Obama falsified reports to make sure he could put his ban on gulf coast drilling
    The drilling stopped because of the sloppy work by BP that resulted in the worst oil spill in history. Just because the country neglected to address our energy problems for half a century does not mean that we now have to sacrifice our environment to try to feed our voracious addiction to a declining fossil fuel.
    Last edited by Catawba; 03-07-11 at 11:13 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

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

    Quote Originally Posted by UtahBill View Post
    How did Obama falsify reports?
    The White House rewrote crucial sections of an Interior Department report to suggest an independent group of scientists and engineers supported a six-month ban on offshore oil drilling, the Interior inspector general says in a new report.

    The White House edit of the original DOI draft executive summary led to the implication that the moratorium recommendation had been peer-reviewed by the experts,”

    Black said he didn’t have any issues with the White House edit; he and his staffer both told the IG it never occurred to them that an objective reader would conclude that peer reviewers had supported the six-month moratorium.
    Nevertheless,*Interior apologized*to the peer reviewers in early June after some of them complained they were used to support the controversial ban.


    Interior inspector general: White House skewed drilling-ban report - Dan Berman - POLITICO.com

    Now I know this is not a good site to be pulling from, but I'm just to damn tired to otherwise .

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

    Catawba;1059333010]It is fact. We have never produced more than we did in 1970 in the US. The US military warned last year that we are approaching world peak oil as well, and that it could be as soon as 2015. Cheney and the oil companies also warned us back in 2002 in their report Energy Challenges for the 21st Century. Even president Bush spoke of our addiction to oil.
    Your right ... we haven't .. I wasn't agruing that point, what I was saying was that we were making gains in our production, in both 2008 and 2009 .. is that a bad thing or a good thing??



    But did we produce more than we consume?
    nope, but does that mean we shouldn't be trying?

    Well you be sure and let us know if we produce more oil than we consume. So far, it hasn't even made a blip in the price at the pump.
    -chuckles- okay .. I'll be sure to keep that in mind .. -grins- and I'll try to remember to keep you updated every time we make gains okay ??

    The drilling stopped because of the sloppy work by BP that resulted in the worst oil spill in history. Just because the country neglected to address our energy problems for half a century does not mean that we now have to sacrifice our environment to try to feed our voracious addiction to a declining fossil fuel.
    agrees 50%, it also was the worst oil spill in our history, because regulators did not do their jobs... read up on how many violations had been issued to that rig, and how many inspections by government regulators we missed. That rig should have been shut down with the violations it had, and I still can't understand why inspections seemed to stop for nearly 6 months prior to the accident. thats why I say we don't need new regulations we need to enforce .. enforce .. and enforce some more those that we have . .

    As for getting off the need for so much oil, you and I have had this discussion before .. and we agree that we need to .. we just don't agree on what we should do until we begin to wean ourselves from oil.

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