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

  1. #31
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    Re: With Gas Prices Soaring, Obama Looks to Ramp Up U.S. Oil Production

    Quote Originally Posted by Goldenboy219 View Post
    How does this address our current production gap?
    Do you know how many different gasoline formulas are forced to be produced?

    When was the last time a refinery was built in America?

    Ethonal is a waste of time, effort and money.
    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 MrVicchio View Post
    Do you know how many different gasoline formulas are forced to be produced?

    When was the last time a refinery was built in America?

    Ethonal is a waste of time, effort and money.
    This does not address my question.... not in the least bit. The rising cost of gasoline is a result of an increase in the demand for petroleum. Bottleneck refining (IMHO) has little to do with the price increase because gasoline does not have a shelf life outside of a year, and more to do with dynamic price changes at the pump.
    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 danarhea View Post
    Ya' damn fake Conservative. LOL.


    Obama is channeling his inner Palin.
    Let evil swiftly befall those who have wrongly condemned us

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

    With Gas Prices Soaring, Obama Looks to Ramp Up U.S. Oil Production
    Yeah, I'll believe that when I see it.


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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

    I'm alittle confused on this issue.

    According to this article from the NYTimes, the deep water drilling moritorium in the Gulf of Mexico (GOM) was lifted in October 2010. Furthermore, according to figures from the U.S. Energy Information Administration (EIA), offshore oil production in the U.S. reached its highest levels in 2010 averaging over 1.79 million barrels per day surpassing 2009 levels by .08 million bpd. This despite a drop in the number of oil wells that were drilled between 2009 (35.06 thousand) and 2010 (33.67 thousand). Still, by the numbers oil production increased despite the moratorium. Even the estimated figures released in this PoliticFact.com article support the increase in oil production for 2010.

    If the issue is about oil jobs, this article from the Socialist Website indicates not as many oil jobs were affected as is being reported.

    The Louisiana Mid-Continent Oil and Gas Association claimed the moratorium would cost some 46,000 jobs. In reality, the moratorium only affected 33 rigs in the Gulf. A recent report from the Commerce Department shows that 2,000 jobs were affected by the drilling ban.
    So, unless I'm missing something, I don't see where the problem lay with the moratorium, oil production nor oil jobs in the GOM.

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


  7. #37
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    Re: With Gas Prices Soaring, Obama Looks to Ramp Up U.S. Oil Production

    Quote Originally Posted by Goldenboy219 View Post
    This does not address my question.... not in the least bit. The rising cost of gasoline is a result of an increase in the demand for petroleum. Bottleneck refining (IMHO) has little to do with the price increase because gasoline does not have a shelf life outside of a year, and more to do with dynamic price changes at the pump.
    Uh huh. So instead of addressing those issues right now,t hat can make a difference, we should just ignore them because you said so.
    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 Middleground View Post
    Huh? What do you mean by this?
    Read the rest of my post and I explain what that means...there is no incentive because they have no competition.

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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
    Uh huh. So instead of addressing those issues right now,t hat can make a difference, we should just ignore them because you said so.
    No, we should develop viable alternatives (and that involves public transportation) because it is the responsible thing to do. Your plan is like spitting into an ocean.
    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 Goldenboy219 View Post
    No, we should develop viable alternatives (and that involves public transportation) because it is the responsible thing to do. Your plan is like spitting into an ocean.
    While I certainly can agree that we need to devolop viable alternatives to fosssil fuels, we also need to take into account that at the present time choking off the energy we have, use, rely on without these alternatives in place and ready for mass consumption, is not just foolish, it is a recipe for disaster.

    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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