View Poll Results: Additional domestic drilling will reduce oil prices

Voters
68. You may not vote on this poll
  • Yes

    33 48.53%
  • No

    19 27.94%
  • Maybe

    16 23.53%
Page 18 of 25 FirstFirst ... 81617181920 ... LastLast
Results 171 to 180 of 244

Thread: Domestic Drilling

  1. #171
    Sage
    cpwill's Avatar
    Join Date
    Dec 2009
    Location
    USofA
    Last Seen
    Yesterday @ 11:40 AM
    Gender
    Lean
    Conservative
    Posts
    57,148

    Re: Domestic Drilling

    Quote Originally Posted by Catawba View Post
    I did not force BP to drill in unsafe depths. You ask why they do not drill closer to shore or on land? "Offshore drilling presents environmental challenges, especially in the Arctic or close to the shore."
    Offshore drilling - Wikipedia, the free encyclopedia

    They have never stopped drilling on land, the only problem is production continues to decline from our peak production in 1971.
    of course it presents "challenges" me digging a hole to plant a tree in my back yard presents "challenges".

    drilling on land or closer to shore presents fewer "challenges" than deep-sea drilling. If you really gave a hoot about workers safety, you'd be championing letting the rigs move in closer to shore.

  2. #172
    Sage
    cpwill's Avatar
    Join Date
    Dec 2009
    Location
    USofA
    Last Seen
    Yesterday @ 11:40 AM
    Gender
    Lean
    Conservative
    Posts
    57,148

    Re: Domestic Drilling

    Quote Originally Posted by croniccynic View Post
    I voted just to see how many fools there are that believe increased domestic drilling will lower oil prices. Does anyone who voted yes understand that oil is a global commodity and priced by global demand?
    yes. do you understand that demand is only one factor in price, and that the other is supply? that shipping costs money? that refinement does as well? that these things will also be built into the price?

  3. #173
    Sage
    cpwill's Avatar
    Join Date
    Dec 2009
    Location
    USofA
    Last Seen
    Yesterday @ 11:40 AM
    Gender
    Lean
    Conservative
    Posts
    57,148

    Re: Domestic Drilling

    Quote Originally Posted by apdst View Post
    Because they're unreliable and too expensive.

    Not to mention that everytime someone wants to build a windmill farm, solar farm, nuke plant, or dam, the treehuggers file a law suit to stop it.
    legislation that limits the definition of "standing" in regards to this issue would go amazing lengths in making our energy sector and government more efficient.

  4. #174
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: Domestic Drilling

    Quote Originally Posted by cpwill View Post
    of course it presents "challenges" me digging a hole to plant a tree in my back yard presents "challenges".

    drilling on land or closer to shore presents fewer "challenges" than deep-sea drilling. If you really gave a hoot about workers safety, you'd be championing letting the rigs move in closer to shore.
    Oil production in the US peaked 40 years ago, that's why they are drilling offshore. I've looked at the risks versus benefits off-shore drilling and decided its no longer makes sense for the country.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  5. #175
    User
    Join Date
    May 2011
    Last Seen
    05-22-11 @ 05:10 PM
    Gender
    Lean
    Independent
    Posts
    32

    Re: Domestic Drilling

    in my home state of alaska, there are hundred of leases on land the state arranged with the oil companies which, if developed, could provide tens of thousands of jobs; more than our state population of roughly 600,000 could support in regards to the demands for skilled workers and administrators. however the federal government, specifically obama, has called for a cease on all offshore oil production. why restrain such industry? we cannot function in a competitive world market as a society of baristas and social workers. with effective and responsible resource management and development, jobs will be available, money will stay in the united states and the revenues generated through private incomes and taxes will allow us to progress as country. what i hate to hear are environmentalists halting economic development while people are without jobs, while they drive cars and increase demand, while whatever we refuse to develop on our soil is developed elsewhere then imported at significant cost. some one is going to get the oil, or the timber, or the gold... lets make sure we are the ones to do it. responsibly and as an example as industrial and progressive leaders of the world.

  6. #176
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: Domestic Drilling

    Quote Originally Posted by apdst View Post
    I guess the unemployment rate going back up to 9% tipped you off as to how much the economy has improved?
    The reversal of the unemployment spiral, the rebound of the stock market and the increase in GDP all tipped me off. I never expected Obama to be able to turn things around in a single term, yet he has!
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  7. #177
    ˇSelah!
    Alyssa's Avatar
    Join Date
    Aug 2009
    Location
    southern and midwestern United States where Protestant fundamentalism is dominant
    Last Seen
    05-07-14 @ 09:55 PM
    Gender
    Lean
    Independent
    Posts
    8,648
    Blog Entries
    2

    Re: Domestic Drilling

    What? No one likes the idea of air cars? I guess Big Oil wins.

    It's not exactly as if other options don't exist.
    “In politics, stupidity is not a handicap.” -Napoleon

  8. #178
    Sage
    cpwill's Avatar
    Join Date
    Dec 2009
    Location
    USofA
    Last Seen
    Yesterday @ 11:40 AM
    Gender
    Lean
    Conservative
    Posts
    57,148

    Re: Domestic Drilling

    Quote Originally Posted by Catawba View Post
    Oil production in the US peaked 40 years ago, that's why they are drilling offshore.
    they're drilling offshore because that's where oil is. well, pause that. they are drilling offshore in the few area's where they are allowed to drill offshore because oil is in those areas as well as the giant ones that are forbidden.

    I've looked at the risks versus benefits off-shore drilling and decided its no longer makes sense for the country.
    i think i'll stick with the overwhelming opinion of the American people here on what makes sense for the country.

  9. #179
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: Domestic Drilling

    Quote Originally Posted by cpwill View Post
    they're drilling offshore because that's where oil is. well, pause that. they are drilling offshore in the few area's where they are allowed to drill offshore because oil is in those areas as well as the giant ones that are forbidden.
    There are no "giant" ones that are forbidden. All indications are, we passed world peak oil in 2006 since world production has never topped the peak produced in that year. Yet world consumption continues to grow. That is why China, the UK, and even Saudia Arabia are investing heavily in alternative energy.

    What does it tell you when the country with the largest cheap oil reserves left on the planet is investing heavily in alternatives to oil? Do you worry about China getting the economic lead in with cheap energy?

    If you want drilling on the beaches talk to the states, they don't seem to care much for it. I can't imagine why.
    Last edited by Catawba; 05-14-11 at 03:07 AM.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  10. #180
    User
    Join Date
    May 2011
    Last Seen
    07-08-11 @ 12:22 PM
    Lean
    Undisclosed
    Posts
    68

    Re: Domestic Drilling

    Quote Originally Posted by cpwill View Post
    yes. do you understand that demand is only one factor in price, and that the other is supply? that shipping costs money? that refinement does as well? that these things will also be built into the price?
    Transportation of crude oil from the Mideast to the US adds 1˘ per liter at the pump. Internal transportation, mostly by pipeline to distributors and truck transport from distributors to dispensers, adds 5-10% to the landed cost of oil, something that won't change regardless of where the oil comes from. Refining is also a fixed cost regardless of where the oil is produced.

    Do you have any facts as to how increased domestic production would lower pump prices more than 1˘/liter on a globally traded commodity or just those erroneous assumptions? I suggest you research cost of domestic production and you'll better understand why oil companies have thousands of approved leases sitting in file cabinets waiting for world oil prices to go up so those leases can be acted on with acceptable ROI.

Page 18 of 25 FirstFirst ... 81617181920 ... 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
  •