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Thread: With Gas Prices Soaring, Obama Looks to Ramp Up U.S. Oil Production

  1. #21
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    Re: With Gas Prices Soaring, Obama Looks to Ramp Up U.S. Oil Production

    Quote Originally Posted by ksu_aviator View Post
    Can we say looming election.
    That's exactly right. Obama will be lucky to survive the Democrat primary, much less win the general election. He has to butter up everyone that he can to have even a half ass chance at getting elected.

    IMO, this isn't as much about lowering gas prices as it about lowering the unemployment rate.

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    Re: With Gas Prices Soaring, Obama Looks to Ramp Up U.S. Oil Production

    Quote Originally Posted by randel View Post
    With Gas Prices Soaring, Obama Looks to Ramp Up U.S. Oil Production - FoxNews.com

    WASHINGTON -- Seeking to address mounting criticism over high gas prices, President Obama is directing his administration to ramp up U.S. oil production by extending existing leases in the Gulf of Mexico and off Alaska's coast and holding more frequent lease sales in a federal petroleum reserve in Alaska.

    snip


    His announcement followed passage in the Republican-controlled House of three bills -- including two this week -- that would expand and speed up offshore oil and gas drilling. Republicans say the bills are aimed at easing gasoline costs, but they also acknowledge that won't be immediate
    This is crap. It's good that Obama is streamlining oil production, but like T. Boone Pickens said, this is not something that we can drill our way out of. I want to see what else Obama is planning, and right now I don't see diddly squat.
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    Re: With Gas Prices Soaring, Obama Looks to Ramp Up U.S. Oil Production

    Quote Originally Posted by danarhea View Post
    This is not something that we can drill our way out of. I want to see what else Obama is planning, and right now I don't see diddly squat.
    Any guesses? I mean, what would you be expecting to see?

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    Re: With Gas Prices Soaring, Obama Looks to Ramp Up U.S. Oil Production

    Drill baby Drill!!!!!!






    if he cuts taxes i may have to vote for the guy.
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    Re: With Gas Prices Soaring, Obama Looks to Ramp Up U.S. Oil Production

    Quote Originally Posted by cpwill View Post
    he's claimed this before. When we see action, I'll believe it and support it. Until then, I'm betting it's the exact same thing as last time - a political announcement, not a policy one.
    Shell Poised to Get Alaska Permits - WSJ.com

    Alaska Senators Optimistic After Shell Oil Meeting

    I think you are correct.
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    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: With Gas Prices Soaring, Obama Looks to Ramp Up U.S. Oil Production

    Remember those times, back in like the early 2000's...when people suggested we increase supply, reduce restrictions on new refineries. And we had eyes rolled at us and told "Yeah, that'd be useful in like 10 years. Its not going to do anything for now, so we shouldn't do it".

    Gee...I'm sure glad we listened to them then. I mean, what if they were right? It would've taken us till like the early 2010's to see any benefit. And its not like we'd need any benefit towards the price of oil in the early 2010's because of all the wonderful and amazing green energy we have.


    .....

    wait a minute? You mean we're still, GASP, driving cars that take oil? And we're still talking about high gas prices? And we're still talking about how we could use more supply? And we'res till being told "Pssh, we shouldn't do that, it'd take like 10 years to even have an effect probably!"



    You know what...fine, it'll take 10 years. Who the **** cares, then in 10 years we'll be better off for it. If we hadn't listened to the idiocy 10 years ago and actually gone through wit hit, perhaps we wouldn't be having as big of an oil issue as we were having today, where once again we have people going "Gosh! It won't help for 10 years. Gosh!"

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    Re: With Gas Prices Soaring, Obama Looks to Ramp Up U.S. Oil Production

    Quote Originally Posted by ReverendHellh0und View Post
    Drill baby Drill!!!!!!






    if he cuts taxes i may have to vote for the guy.
    Ya' damn fake Conservative. LOL.
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    Re: With Gas Prices Soaring, Obama Looks to Ramp Up U.S. Oil Production

    3 Easy Ways to lower gas prices.

    1. 1 Formula, across the country.

    2. Federally Protected New Refinery Building Permits (I.E. can't be challenged in court by every ****ing green nitwit organization) to increase gasoline refining.

    3. End Ethonal. (this has the side effect of increasing food supplies, and lowering prices)
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: With Gas Prices Soaring, Obama Looks to Ramp Up U.S. Oil Production

    Quote Originally Posted by Zyphlin View Post
    Remember those times, back in like the early 2000's...when people suggested we increase supply, reduce restrictions on new refineries. And we had eyes rolled at us and told "Yeah, that'd be useful in like 10 years. Its not going to do anything for now, so we shouldn't do it".

    Gee...I'm sure glad we listened to them then. I mean, what if they were right? It would've taken us till like the early 2010's to see any benefit. And its not like we'd need any benefit towards the price of oil in the early 2010's because of all the wonderful and amazing green energy we have.


    .....

    wait a minute? You mean we're still, GASP, driving cars that take oil? And we're still talking about high gas prices? And we're still talking about how we could use more supply? And we'res till being told "Pssh, we shouldn't do that, it'd take like 10 years to even have an effect probably!"



    You know what...fine, it'll take 10 years. Who the **** cares, then in 10 years we'll be better off for it. If we hadn't listened to the idiocy 10 years ago and actually gone through wit hit, perhaps we wouldn't be having as big of an oil issue as we were having today, where once again we have people going "Gosh! It won't help for 10 years. Gosh!"
    IMHO, increasing supply will have a minimal short term impact on petro prices. Global incomes continue to increase faster than our productive capabilities i.e. demand is outpacing supply. This makes it particularly difficult for the U.S. to have any sort of long term impact on oil prices because we consume less than half of what we produce or... we consume 22% of global production but only make up 11% of global production.

    Sustainable alternatives (in all aspects) will be the key.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: With Gas Prices Soaring, Obama Looks to Ramp Up U.S. Oil Production

    Quote Originally Posted by MrVicchio View Post
    3 Easy Ways to lower gas prices.

    1. 1 Formula, across the country.

    2. Federally Protected New Refinery Building Permits (I.E. can't be challenged in court by every ****ing green nitwit organization) to increase gasoline refining.

    3. End Ethonal. (this has the side effect of increasing food supplies, and lowering prices)
    How does this address our current production gap?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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