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

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

    Quote Originally Posted by Catawba View Post
    Except you left out the largest investment in Nuclear power and other alternative forms of energy of any administration in history. And you left out the increase schedule to meet increased CAFE standards. And you left out that US oil production increased under this administration to the highest its been since 2003.

    Obama and the EPA want to continue a failed program of ethanol and increase the amount of ethanol to 15%.

    I will get better fuel milage and have less engine problems because I use ethanol free gas. I suspect soon Obama will also take away the right to buy ethanol free gas.

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

    Quote Originally Posted by UtahBill View Post
    wrong, even the Sierra Club has come around in favor of nuclear....Obama has an engineer for an energy secretary. While Obama may know nothing about engineering and energy, he at least knows to pick someone who does.
    Nice talk, where are any expedited permits. Where are the speeches imploring building of specific plants versus general B.S. How much better off would this country be if we had built 100 nuclear power plants with the stimulus money. Something that would have a positive impact on our society for the next 50 years instead of repaving roads which has no meaningful impact.

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

    Quote Originally Posted by Catawba View Post
    This administration has provided more funding for nuclear power generation than any in history - $8 billion dollars.

    "President Obama on Tuesday pledged $8 billion in loan guarantees needed to build the first U.S. nuclear reactors in nearly three decades."
    Obama Nuclear Power Plants - Obama pledges $8 billion for new nuclear reactors - Los Angeles Times
    Is it really true that you do not understand the difference between spending money and a loan guarantee?

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

    Quote Originally Posted by washunut View Post
    Nice talk, where are any expedited permits. Where are the speeches imploring building of specific plants versus general B.S. How much better off would this country be if we had built 100 nuclear power plants with the stimulus money. Something that would have a positive impact on our society for the next 50 years instead of repaving roads which has no meaningful impact.
    Expedited permits? other liberals would file suit immediately.....
    yes, we should have been building new nukes all along, but we didn't. Who takes the blame for that? or credit, based on your viewpoint.
    We wouldn't need a substantial percentage of the power plants we have now if we all decided to conserve electricity.
    Where is the expedited effort there?
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    Re: Oil rises above $90 amid US crude supply drop

    Today Obama blamed oil companies for not drilling

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

    Quote Originally Posted by ptif219 View Post
    Obama and the EPA want to continue a failed program of ethanol and increase the amount of ethanol to 15%.

    I will get better fuel milage and have less engine problems because I use ethanol free gas. I suspect soon Obama will also take away the right to buy ethanol free gas.
    I am not a fan of ethanol either, I would prefer to pay the extra price it would cost without. You convince everyone a price increase is necessary to avoid ethanol, and I'm with you! LOL!
    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 washunut View Post
    Is it really true that you do not understand the difference between spending money and a loan guarantee?
    They can't be built without loan guarantees from the government because private sector lenders think they are too risky. From the same article:

    "Free-market groups complained that the loan guarantees could leave taxpayers on the hook for projects too risky for the private sector to finance."

    If the private sector lenders were correct in their risk assessment, we are out $8 billion dollars. Which administration has ever committed more funding for Nuclear Power?
    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


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