View Poll Results: Should we temporarily subsidize domestic oil shale production in response to OPEC?

Voters
35. You may not vote on this poll
  • Yes, if prices drop too low we should.

    6 17.14%
  • No.

    29 82.86%
Page 5 of 8 FirstFirst ... 34567 ... LastLast
Results 41 to 50 of 72

Thread: Should we temporarily subsidize oil shale production in response to OPEC

  1. #41
    Phonetic Mnemonic ©
    radcen's Avatar
    Join Date
    Sep 2011
    Location
    Look to your right... I'm that guy.
    Last Seen
    Today @ 10:17 PM
    Lean
    Centrist
    Posts
    33,403

    Re: Should we temporarily subsidize oil shale production in response to OPEC

    Quote Originally Posted by ernst barkmann View Post
    not a delegated power of government to dispense money to people or business.
    Like that's ever stopped them.
    If you claim sexual harassment to be wrong, yet you defend anyone on your side for any reason,
    then you are a hypocrite and everything you say on the matter is just babble.

  2. #42
    Phonetic Mnemonic ©
    radcen's Avatar
    Join Date
    Sep 2011
    Location
    Look to your right... I'm that guy.
    Last Seen
    Today @ 10:17 PM
    Lean
    Centrist
    Posts
    33,403

    Re: Should we temporarily subsidize oil shale production in response to OPEC

    Quote Originally Posted by Smeagol View Post
    I'd rather see greater subsidies on electric cars and if we had the money, buying up domestic oil that can be used to increase the level of the US oil reserve. IMO the best thing to do is do some permanent damage to OPEC by getting more cars on the roads that don't require oil, help advance their development and their acceptance. The money being spent on electric cars, the less be have to spend on ISIS, Al Qaeda, etc. and at the same time the more rapidly the technology improves and in time production costs go down (see the cell phone, PC, HDTV, and so on.)
    For the life of me, I do not understand why big oil doesn't invest in and perfect electric cars.

    It'd be long-term thinking, though, and most corporations have no vision beyond the next quarter.
    If you claim sexual harassment to be wrong, yet you defend anyone on your side for any reason,
    then you are a hypocrite and everything you say on the matter is just babble.

  3. #43
    Professor
    iacardsfan's Avatar
    Join Date
    Dec 2011
    Last Seen
    11-24-17 @ 09:51 PM
    Lean
    Libertarian
    Posts
    1,981

    Re: Should we temporarily subsidize oil shale production in response to OPEC

    Why don't we let the market do as the market does.
    "Conservatism is the blind and fear-filled worship of dead radicals."
    - Mark Twain
    Run your own nation, play Cybernations.

  4. #44
    Phonetic Mnemonic ©
    radcen's Avatar
    Join Date
    Sep 2011
    Location
    Look to your right... I'm that guy.
    Last Seen
    Today @ 10:17 PM
    Lean
    Centrist
    Posts
    33,403

    Re: Should we temporarily subsidize oil shale production in response to OPEC

    Quote Originally Posted by iacardsfan View Post
    Why don't we let the market do as the market does.
    That's just crazy talk.
    If you claim sexual harassment to be wrong, yet you defend anyone on your side for any reason,
    then you are a hypocrite and everything you say on the matter is just babble.

  5. #45
    Guru
    soot's Avatar
    Join Date
    Apr 2013
    Last Seen
    04-25-17 @ 03:28 PM
    Gender
    Lean
    Independent
    Posts
    4,308

    Re: Should we temporarily subsidize oil shale production in response to OPEC

    No.

    The IPAA has been saying since the beginning of the year that tight oil production will remain profitable for most producers as far down as the $40-$50 bbl level.

    Those that can't stand that kind of heat will have to get out of the kitchen and will be swallowed up by those that can.

    That's how a free market works and it'll serve to strengthen the remaining producers and make them still better capable to compete with OPEC.

    While some OPEC nations can easily function at $40-$50 bbl price levels others, Iran and Venezuela in particular, simply can't. Not for long.

    Those OPEC nations that are essentially living "paycheck to paycheck" off of oil revenue will be hurt a great deal more than the U.S.

    By playing OPEC's game it's possible that we may even be able to break the cartel.
    “Now it is not good for the Christian’s health to hustle the Aryan brown,
    For the Christian riles, and the Aryan smiles and he weareth the Christian down;
    And the end of the fight is a tombstone white with the name of the late deceased,
    And the epitaph drear: “A Fool lies here who tried to hustle the East.”

  6. #46
    Mixed Government advocate
    Master PO's Avatar
    Join Date
    Oct 2012
    Location
    93,000,000 miles from Earth where its very Hot
    Last Seen
    11-30-17 @ 01:52 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    31,331

    Re: Should we temporarily subsidize oil shale production in response to OPEC

    Quote Originally Posted by radcen View Post
    Like that's ever stopped them.
    correct, i only speak of constitutional law and article 1 section 8......which does not include dispensing money.

  7. #47
    Sage

    ocean515's Avatar
    Join Date
    Jan 2013
    Location
    Southern California
    Last Seen
    @
    Gender
    Lean
    Other
    Posts
    24,705

    Re: Should we temporarily subsidize oil shale production in response to OPEC

    Quote Originally Posted by radcen View Post
    For the life of me, I do not understand why big oil doesn't invest in and perfect electric cars.

    It'd be long-term thinking, though, and most corporations have no vision beyond the next quarter.
    They are, but get real, they are in the energy business, not the car business. The vast majority of R&D dollars they have to spend go towards finding new reserves. They know every new barrel they find and sell is one barrel closer to liquidation of their company.

  8. #48
    Phonetic Mnemonic ©
    radcen's Avatar
    Join Date
    Sep 2011
    Location
    Look to your right... I'm that guy.
    Last Seen
    Today @ 10:17 PM
    Lean
    Centrist
    Posts
    33,403

    Re: Should we temporarily subsidize oil shale production in response to OPEC

    Quote Originally Posted by ocean515 View Post
    They are, but get real, they are in the energy business, not the car business. The vast majority of R&D dollars they have to spend go towards finding new reserves. They know every new barrel they find and sell is one barrel closer to liquidation of their company.
    Yes and no. They are in the money making business, hence my inclusion regarding long-term thinking. Besides, many corporations diversify. Nothing says they are limited to oil only.
    If you claim sexual harassment to be wrong, yet you defend anyone on your side for any reason,
    then you are a hypocrite and everything you say on the matter is just babble.

  9. #49
    Pragmatist
    SouthernDemocrat's Avatar
    Join Date
    Jun 2005
    Location
    KC
    Last Seen
    Today @ 09:33 PM
    Gender
    Lean
    Moderate
    Posts
    17,406

    Re: Should we temporarily subsidize oil shale production in response to OPEC

    Quote Originally Posted by iacardsfan View Post
    Why don't we let the market do as the market does.
    Once again to play the Devils advocate, the problem with that is that it's not a free market. You have private companies here competing with state owned oil companies in OPEC.
    "You're the only person that decides how far you'll go and what you're capable of." - Ben Saunders (Explorer and Endurance Athlete)

  10. #50
    Guru
    Smeagol's Avatar
    Join Date
    Jun 2012
    Last Seen
    02-19-17 @ 11:35 PM
    Lean
    Undisclosed
    Posts
    4,147

    Re: Should we temporarily subsidize oil shale production in response to OPEC

    Quote Originally Posted by radcen View Post
    For the life of me, I do not understand why big oil doesn't invest in and perfect electric cars.

    It'd be long-term thinking, though, and most corporations have no vision beyond the next quarter.
    There's still $100 Trillion worth of oil still in the ground and because of this big oil wants to declare electric cars "not ready yet," which is completely understandable. However some people, namely Tesla Motors are proving to everyone they're wrong.
    Having opinions all over the map is a good sign of a person capable of autonomous thinking. Felix -2011

Page 5 of 8 FirstFirst ... 34567 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •