View Poll Results: Additional domestic drilling will reduce oil prices

Voters
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  • Yes

    33 48.53%
  • No

    19 27.94%
  • Maybe

    16 23.53%
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Thread: Domestic Drilling

  1. #101
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    Re: Domestic Drilling

    Quote Originally Posted by cpwill View Post
    i know - how awful of them to let their people keep more of their own stuff.



    it's with those damn people. we need to get them back to understanding that they belong to the government, not the other way around.
    no, they ARE the government, and they need to stop paying nitwits to run it for them....
    Oracle of Utah
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  2. #102
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    Re: Domestic Drilling

    Quote Originally Posted by cpwill View Post
    well, that's what we get for electing a kenyan muslim. we'll elect a Noble Republican next time around and instantly be back in paradise.
    why drill our own when we have a perfectly good military that can just take others? we spent all that money on the dang thing, let's let the military earn some of that money back.
    So you are a Kenyan? Only Kenyans get to elect a Kenyan for Kenya...muslim or otherwise.
    The word is Nobel, or did you reallly mean noble?
    We can't be taking oil from other countries, but we can be taking more money from our rich.
    It's the law....
    Oracle of Utah
    Truth rings hollow in empty heads.

  3. #103
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    Re: Domestic Drilling

    Quote Originally Posted by The Mark View Post
    I suppose it wouldn't work to somehow set it up that none of the oil produced in the USA would be exported?

    I have no real knowledge of our production/demand numbers, but I would think that we could, with a boost in production and (if I'm understanding correctly) removal of our oil from the world market, potentially reduce our dependence on imported oil at least somewhat.

    I'm not sure if that would be possible, however...I've never looked into this all that much.
    I love that idea, but like you, don't know if it's possible.
    Catawa is my favorite bleeding heart liberal.
    1/27/12

  4. #104
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    Re: Domestic Drilling

    Quote Originally Posted by cpwill View Post
    like magic!


    seriously, there is nothing that replaces oil currently on the market. let's lower energy prices while the technology improves to the point where we can have a viable alternative, instead of choosing to keep ourselves poorer.



    opening up domestic supply for drilling would be a jobs bonanza - of jobs that pay higher than the national average. It would lower energy prices, it would increase revenues, it would increase growth, and it would help pull us out of this slump. waiting for windmill-driven unicorns to bring us magical 'alternative' energy isn't a strategy, it's a hope that you keep while working on what you have today.

    Increasing Domestic supply would become a powerful foreign policy multiplier. It gives us a world in which the US can use it's monopsony position to tell Chavez to get bent, a world in which we can reduce the strategic importance of the Middle East.

    Critics point out that it would take time to get the wells up and running, and that current spikes are caused by speculators - they are partially correct. Futures markets serve as predictors of the price of oil in... well, the future. What do you think those "speculators", those futures traders are going to think about the future price of oil if they see that the supply is going to be massively increasing in said future?


    Drilling here gives us jobs. It increases wages. It increases revenues in a time in which we are facing a debt crises. It grows the economy at a time when growth is anemic and we desperately need to get on a more sharply upward-curving track. It reduces our need to control the stability of foreign sources, increases our strength vis-a-vie our enemies, and gives America more control over her future.

    Those who say America's best days are behind her? They haven't looked around. There are huge ways in which we could explode upward. We just gotta use them.
    That would make a great campaign speech. You runnin'?
    Catawa is my favorite bleeding heart liberal.
    1/27/12

  5. #105
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    Re: Domestic Drilling

    Quote Originally Posted by obvious Child View Post
    Which if we drilled now would take 10 years to get the market. Want to compare to that demand compounded from 10 years of double digit growth from BRIC nations?
    The pipeline is not that far from where they want to drill. I don't know why people think it would take 10 yrs to get the first drop. For crying out loud we're Americans! Get the red tape out of the way and get to work!
    Catawa is my favorite bleeding heart liberal.
    1/27/12

  6. #106
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    Re: Domestic Drilling

    Quote Originally Posted by Catawba View Post
    Very happy we can see who voted they were unaware of both the facts that we passed peak oil in this country 40 years ago and that we are approaching world peak oil now.

    1. Alfons
    2. Barbbtx
    3. Bigfoot 88
    4. Cephus
    5. cpwill
    6. DashingAmerican
    7. deltabtry
    8. Juiposa
    9. lpast
    10. tessaesque
    Peak oil is a figment of your imagination
    Catawa is my favorite bleeding heart liberal.
    1/27/12

  7. #107
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    Re: Domestic Drilling

    Quote Originally Posted by Barbbtx View Post
    Peak oil is a figment of your imagination
    Thanks for your uneducated opinion!

    "For many decades the United States has not had a comprehensive energy policy. Now, the

    consequences of this complacency have revealed themselves in California. Now, there could be more

    California-like situations in America’s future. President George W. Bush and his administration need to

    tell these agonizing truths to the American people and lay the basis for comprehensive, long-term U.S.

    energy security policy.

    That Americans face long-term situations such as frequent sporadic shortages of energy, energy price

    volatility, and higher energy prices is not the fault of President Bush. The failure to fashion a workable

    energy policy rests at the feet of both Democrats and Republicans. Both major political parties allowed

    energy policy to drift despite its centrality to America’s domestic economy and to nation security. Energy

    policy was permitted to drift even though oil price spikes proceeded virtually every American recession

    since the late 1940s. The American people must know about this situation and be told as well that there

    are no easy or quick solutions to today’s energy problems.
    The president has to begin education the public

    about this reality and start building a broad base of popular support for the hard policy choices ahead."


    "As it is, national solutions alone cannot work. Politicians still speak of U.S. energy independence,

    while the United States is importing more than half of its oil supplies and may soon for the first time

    become reliant on sources outside North America for substantial amounts of natural gas. More flexible

    environmental regulation and opening of more federal lands to drilling might slow but cannot stop this

    process.
    Dependence is so incredibly large, and growing so inexorably, that national autonomy is simply

    not a viable goal. In the global economy, it may not even be a desirable one."

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    "The US military has warned that surplus oil production capacity could disappear within two years and there could be serious shortages by 2015 with a significant economic and political impact."
    US military warns oil output may dip causing massive shortages by 2015 | Business | The Guardian
    Last edited by Catawba; 05-09-11 at 02:33 AM.
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  8. #108
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    Re: Domestic Drilling

    Catawa is my favorite bleeding heart liberal.
    1/27/12

  9. #109
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    Re: Domestic Drilling

    Quote Originally Posted by Bigfoot 88 View Post
    That is one thing, but only one thing. Speculation is another.
    But ignoring that while citing the decline in oil prices is dishonest. Or stupid.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  10. #110
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    Re: Domestic Drilling

    Quote Originally Posted by Barbbtx View Post
    The pipeline is not that far from where they want to drill. I don't know why people think it would take 10 yrs to get the first drop. For crying out loud we're Americans! Get the red tape out of the way and get to work!
    You aren't looking at it right. The time it takes to dill, get enough oil to actually process, and then process has an AVG of 10 years. The red tape has nothing to with it.

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