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Thread: BP Makes ‘Giant’ Oil Discovery in Gulf of Mexico

  1. #31
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    Re: BP Makes ‘Giant’ Oil Discovery in Gulf of Mexico

    Quote Originally Posted by PeteEU View Post
    It will take at least 10 years to get a single drop out ... at least.
    Now there is a good reason not to ever drill another oil well.

    [/sarcasm]

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    Re: BP Makes ‘Giant’ Oil Discovery in Gulf of Mexico

    Quote Originally Posted by apdst View Post
    Again, so what? Doing nothing isn't going to produce that pool, nor is doing nothing going to create jobs. There will be oil flowing out of that resevoir before green energy come close to maturity.
    I always tell my wife... "If I don't go fishing, I’ll never catch a fish.

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    Re: BP Makes ‘Giant’ Oil Discovery in Gulf of Mexico

    Now America will have to invade Mexico because it has conviently become a failed state and therefore a threat to national security...and then oil prices in America plummet as it has a domestic supply and less reliability on the Wahhabi oil
    "If religious instruction were not allowed until the child had attained the age of reason, we would be living in quite a different world" - Christopher Hitchens
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    Re: BP Makes ‘Giant’ Oil Discovery in Gulf of Mexico

    Quote Originally Posted by formerroadie View Post
    Oh good, more oil...... let's stop that crap please.




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    Re: BP Makes ‘Giant’ Oil Discovery in Gulf of Mexico

    Quote Originally Posted by formerroadie View Post
    Oh good, more oil...... let's stop that crap please.
    You wanna replace plastic with wood? Do ya, really? I'm all for it. More jobs can be created there, too. My trucks can haul logs just as good as they can haul drill pipe.
    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.

  6. #36
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    Re: BP Makes ‘Giant’ Oil Discovery in Gulf of Mexico

    Why do people act like oil exploration and alternative energy are either or propositions? We can and should be investing in both. Sure this oil won't come out of the ground for a decade, but does anything think we won't be using oil in a decade? Sure this field by itself won't make a major impact, but this field and another field and another field, can add up to make some sort of impact.

    And while we're drilling we should be working to expand our use of alternative energy and nuclear energy as well to wean us off oil in the long term.

    This story is a minor piece of a good news. I don't know why folks are deriding it.
    Slipping into madness is good for the sake of comparison - Unknown.

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    Re: BP Makes ‘Giant’ Oil Discovery in Gulf of Mexico

    Quote Originally Posted by Psychoclown View Post
    I don't know why folks are deriding it.
    Liberal reflex.
    Thank you

  8. #38
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    Re: BP Makes ‘Giant’ Oil Discovery in Gulf of Mexico

    Quote Originally Posted by Psychoclown View Post
    Why do people act like oil exploration and alternative energy are either or propositions?
    It somewhat is. Let's remember again that the problem America has with power (aside from a stupid grid), is not in generation, that we have a major surplus of, it's liquid fuel problem. And increasing oil exploration doesn't move us off that problem, it just keeps us on it, abet at a lower cost. If we can somehow turn alternative into a liquid fuel replacement, we've solve a great many of our problems.

    We can and should be investing in both.
    I agree, we should, it's just that we have to keep in mind that we are not in control when it comes to oil markets and the longer we stay, the more we fuel regimes that are often diametrically opposed to our goals. Imagine if the entire US demand for oil for consumer vehicles stopped. Oil futures would plummet, as would oil revenue. Bye Bye Chavez. Bye Bye Iranian Mullahs. Bye Bye Putin. They are instantly gone.

    Sure this oil won't come out of the ground for a decade, but does anything think we won't be using oil in a decade? Sure this field by itself won't make a major impact, but this field and another field and another field, can add up to make some sort of impact.
    Maybe. At this rate, we're not even finding fields fast enough to replace the fields that are declining.

    And while we're drilling we should be working to expand our use of alternative energy and nuclear energy as well to wean us off oil in the long term.
    Not to mention throwing billions at energy storage and electric cars. Hell, if we could efficiently store electricity and setup solar panels in space....who needs coal, gas and nuclear?
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: BP Makes ‘Giant’ Oil Discovery in Gulf of Mexico

    Quote Originally Posted by apdst View Post
    So, your solution, is to do nothing? How's that been working for us, so far?
    How about doing less? as in less wasting of energy resources....?
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    Re: BP Makes ‘Giant’ Oil Discovery in Gulf of Mexico

    Quote Originally Posted by dragondad View Post
    My solution? Is to keep on drilling where it's allowed now and fund renewable energy projects. And Nuclear energy is fine by me as well.

    Also tax the crap out of fossil fuels and use the revenue to offset income taxes on the middle class.
    Reminder, no matter how many politicians say it..
    Nuclear is not an alternative to oil....Nuclear is an alternative to coal...

    I like the nuclear path for electrical energy, but lets not get the apples in with the oranges.
    Oracle of Utah
    Truth rings hollow in empty heads.

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