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Oil rises above $90 amid US crude supply drop

I'll tell you what, you go by this Yergin and the "free market" website you found and I will go with the US military and the majority of experts on the subject. I knew this guy didn't know what he was talking about when he said, "This is the fifth time that the world is said to be running out of oil."

Peak oil has nothing to do with running out of oil. It is when consumption exceeds production. We passed that point in this country 40 years ago.

If you think that is not true, please post the years since 1971 that we have produced more oil than we consumed (with source links).

Thanks! :sun

If that is really your argument, then the fix is relatively easy. Build more production facilities, and drop the burdensome regulations preventing such.

See, easy. Now tell the truth.

J-mac
 
If that is really your argument, then the fix is relatively easy. Build more production facilities, and drop the burdensome regulations preventing such.

See, easy. Now tell the truth.

J-mac

Oil companies haven't invested in more because of decreasing cheap oil availability. And please list the specific burdensome regulations you speak of.
 
Yes, it can be.

How Do You Charge An Electric Vehicle?

"Worried about how to charge them? Plug them in at home or work using either a standard 120-volt outlet (slower charging times) or into a specialized 220-volt outlet (for faster charging times). If you’re out and about, you’ll need to find one of 655 electric-vehicle charging locations located across the United States, though 434 are located in California, according to the Department of Energy. By the end of 2011 there will be over 11,000 individual charging stations found at locations just like these. Plan longer trips in advance, and give yourself some time to recharge, because electric cars can take six to 12 hours to get to a full charge at standard 120-volt outlets."
TrueCar's Green Cars for Earth Month: Spotlight on Electric Cars | TrueCar Blog

You charge a battery by supplying it with a slightly higher voltage at a current that will not overheat the battery. Doesn't matter if the source is 110 or 220, as it has to be dropped to that "slightly higher than battery level" and then converted to DC.
So battery charge time isn't going to change just by going to 220.
It is essential to not overheat the batteries, so the DC amps going in to the battery bank must not be so high as to cause overheating. That shortens the life of the battery.
 
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Oil companies haven't invested in more because of decreasing cheap oil availability. And please list the specific burdensome regulations you speak of.


$100 a barrel? that is cheap? Price at the pump constantly flirting with $4 a gallon? That is cheap? And if you want the regulations just search EPA and you can find them.

j-mac
 
You charge a battery by supplying it with a slightly higher voltage at a current that will not overheat the battery. Doesn't matter if the source is 110 or 220, as it has to be dropped to that "slightly higher than battery level" and then converted to DC.
So battery charge time isn't going to change just by going to 220.
It is essential to not overheat the batteries, so the DC amps going in to the battery bank must not be so high as to cause overheating. That shortens the life of the battery.

Not sure what the physics/chemistry of it is, but some of these electric cars do come with 220 volt quick charging options which are much faster than the 110 chargers.
 
$100 a barrel? that is cheap? Price at the pump constantly flirting with $4 a gallon? That is cheap? And if you want the regulations just search EPA and you can find them.

j-mac

You made the claim, you do the work to back it up.
 
please list the specific burdensome regulations you speak of.

Start by reading this 550 page monster. When you are done with that, here are a few more regulations for you to check out; this isn’t even the tip of the iceberg but it should get you started.

• Atomic Energy Act (AEA)
• Chemical Safety Information, Site Security and Fuels Regulatory Relief Act
• Clean Air Act (CAA)
• Clean Water Act (CWA) (original title: Federal Water Pollution Control Amendments of 1972)
• Comprehensive Environmental Response, Compensation and Liability Act (CERCLA, or Superfund)
• Emergency Planning and Community Right-to-Know Act (EPCRA)
• Endangered Species Act (ESA)
• Energy Independence and Security Act (EISA)
• Energy Policy Act
• EO 12898: Federal Actions to Address Environmental Justice in Minority Populations and Low-Income Populations
• EO 13045: Protection of Children From Environmental Health Risks and Safety Risks
• EO 13211: Actions Concerning Regulations That Significantly Affect Energy Supply, Distribution, or Use
• Federal Food, Drug, and Cosmetic Act (FFDCA)
• Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA)
• Federal Water Pollution Control Amendments - See Clean Water Act
• Food Quality Protection Act (FQPA) - See FFDCA and FIFRA
• Marine Protection, Research, and Sanctuaries Act (MPRSA, also known as the Ocean Dumping Act)
• National Environmental Policy Act (NEPA)
• National Technology Transfer and Advancement Act (NTTAA)
• Noise Control Act
• Nuclear Waste Policy Act (NWPA)
• Occupational Safety and Health (OSHA)
• Ocean Dumping Act - See Marine Protection, Research, and Sanctuaries Act
• Oil Pollution Act (OPA)
• Pesticide Registration Improvement Act (PRIA) - See FIFRA
• Pollution Prevention Act (PPA)
• Resource Conservation and Recovery Act (RCRA)
• Safe Drinking Water Act (SDWA)
• Shore Protection Act (SPA)
• Superfund - See Comprehensive Environmental Response, Compensation, and Liability Act
• Superfund Amendments and Reauthorization Act (SARA) - See Comprehensive Environmental Response, Compensation, and Liability Act
• Toxic Substances Control Act (TSCA)
• Asbestos Laws and Regulations
• Effluent Guidelines: Coal Mining Point Source Category
• Industrial Waste: Mining Waste
• National Pollutant Discharge Elimination System (NPDES): Mining: information about mining activities regulated by wastewater permits
• National Pollutant Discharge Elimination System (NPDES): Stormwater Discharges from Industrial Facilities: wastewater permit information.
• National Emissions Standards for Hazardous Air Pollutants (NESHAP): air toxics regulations:
o Gold Mine Ore Processing and Production (Area Sources)
o Taconite Iron Ore Processing
o Radiation Protection, including uranium mining and mill tailings
• Mid-Atlantic Mountaintop Mining: information about mountaintop coal mining and surface mining.
• Surface Coal Mining Activities under the Clean Water Act Section 404: wetlands regulations affecting mining activities.
• TENORM: Mining Wastes: information about Technologically-Enhanced, Naturally-Occurring Radioactive Material (TENORM) produced from mining wastes.
• Underground Injection Control (UIC) Regulations
• Endangered and Threatened Wildlife and Plants
• Health and Compensation Act of 2010
• Oil Pollution Prevention; Spill Prevention, Control, and Countermeasure (SPCC) Rule-Amendments
• Federal Acquisition Regulations: FAR Case 2009-042; Documenting Contractor Performance
 
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Start by reading this 550 page monster. When you are done with that, here are a few more regulations for you to check out; this isn’t even the tip of the iceberg but it should get you started.

• Atomic Energy Act (AEA)
• Chemical Safety Information, Site Security and Fuels Regulatory Relief Act
• Clean Air Act (CAA)
• Clean Water Act (CWA) (original title: Federal Water Pollution Control Amendments of 1972)
• Comprehensive Environmental Response, Compensation and Liability Act (CERCLA, or Superfund)
• Emergency Planning and Community Right-to-Know Act (EPCRA)
• Endangered Species Act (ESA)
• Energy Independence and Security Act (EISA)
• Energy Policy Act
• EO 12898: Federal Actions to Address Environmental Justice in Minority Populations and Low-Income Populations
• EO 13045: Protection of Children From Environmental Health Risks and Safety Risks
• EO 13211: Actions Concerning Regulations That Significantly Affect Energy Supply, Distribution, or Use
• Federal Food, Drug, and Cosmetic Act (FFDCA)
• Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA)
• Federal Water Pollution Control Amendments - See Clean Water Act
• Food Quality Protection Act (FQPA) - See FFDCA and FIFRA
• Marine Protection, Research, and Sanctuaries Act (MPRSA, also known as the Ocean Dumping Act)
• National Environmental Policy Act (NEPA)
• National Technology Transfer and Advancement Act (NTTAA)
• Noise Control Act
• Nuclear Waste Policy Act (NWPA)
• Occupational Safety and Health (OSHA)
• Ocean Dumping Act - See Marine Protection, Research, and Sanctuaries Act
• Oil Pollution Act (OPA)
• Pesticide Registration Improvement Act (PRIA) - See FIFRA
• Pollution Prevention Act (PPA)
• Resource Conservation and Recovery Act (RCRA)
• Safe Drinking Water Act (SDWA)
• Shore Protection Act (SPA)
• Superfund - See Comprehensive Environmental Response, Compensation, and Liability Act
• Superfund Amendments and Reauthorization Act (SARA) - See Comprehensive Environmental Response, Compensation, and Liability Act
• Toxic Substances Control Act (TSCA)
• Asbestos Laws and Regulations
• Effluent Guidelines: Coal Mining Point Source Category
• Industrial Waste: Mining Waste
• National Pollutant Discharge Elimination System (NPDES): Mining: information about mining activities regulated by wastewater permits
• National Pollutant Discharge Elimination System (NPDES): Stormwater Discharges from Industrial Facilities: wastewater permit information.
• National Emissions Standards for Hazardous Air Pollutants (NESHAP): air toxics regulations:
o Gold Mine Ore Processing and Production (Area Sources)
o Taconite Iron Ore Processing
o Radiation Protection, including uranium mining and mill tailings
• Mid-Atlantic Mountaintop Mining: information about mountaintop coal mining and surface mining.
• Surface Coal Mining Activities under the Clean Water Act Section 404: wetlands regulations affecting mining activities.
• TENORM: Mining Wastes: information about Technologically-Enhanced, Naturally-Occurring Radioactive Material (TENORM) produced from mining wastes.
• Underground Injection Control (UIC) Regulations
• Endangered and Threatened Wildlife and Plants
• Health and Compensation Act of 2010
• Oil Pollution Prevention; Spill Prevention, Control, and Countermeasure (SPCC) Rule-Amendments
• Federal Acquisition Regulations: FAR Case 2009-042; Documenting Contractor Performance

Explain how any of these are unnecessary and burdensome rather than protective of health and the environment?
 
Explain how any of these are unnecessary and burdensome rather than protective of health and the environment?

Not going to play that game. Government regulations are strangling our economy. End of story.
 
Not going to play that game. Government regulations are strangling our economy. End of story.

Thanks for your opinion. :sun
 
Glad I could direct you to the regulations you were unaware of.

No, I was aware of the regulations your referenced for the protection of the health and the environment. I wanted to see the specific regulations that J-mac claimed prevented us from producing more oil than we consume.
 
No, I was aware of the regulations your referenced for the protection of the health and the environment. I wanted to see the specific regulations that J-mac claimed prevented us from producing more oil than we consume.

Are you implying there are no such regulations?
 
So far no one has been able to produce them. What else am I to think?

If you didn’t find them in the link and list I posted, I can’t help you with what you should think because you aren’t interested in reality.

Sounds like you want to play games if you ask me.

EDIT: On second thought, I’ll pick an issue and play your game.

Please explain to me why it is I should care if a species or organism on this planet goes extinct.
 
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If you didn’t find them in the link and list I posted, I can’t help you with what you should think because you aren’t interested in reality.

I didn't make the claim. If you can't back it up, it is hardly surprising!



EDIT: On second thought, I’ll pick an issue and play your game.

Translated to: I can't back up my claim so I will change the subject.


Please explain to me why it is I should care if a species or organism on this planet goes extinct.

Because diversity of species and living systems are necessary for human development. We have a symbiotic relationship. We have personal stake in protecting the environment. Without a healthy environment a healthy economy is not sustainable.
 
From February,

As oil prices continue to climb, a backlog of more than 100 offshore drilling plans for the Gulf of Mexico are awaiting approval from the Obama administration, according to federal data.
The federal government has not approved a single new exploratory drilling plan in the Gulf of Mexico since lifting its deepwater drilling moratorium on Oct. 12. There are currently 103 plans awaiting review by the Bureau of Ocean Energy Management, Regulation and Enforcement.

The information reveals that the Obama administration — not the oil industry — is the culprit for the slowdown of drilling activity in the Gulf. The Gulf of Mexico accounts for more than 25 percent of domestic oil production.

» Obama Administration Blocking 103 Gulf Drilling Permits - Big Government


So as of Feb, Obama and his enviro-nuts within the government are slow tracking permitting through burdensome regulation, known as the BOEMRE. Wow, I am just shocked?

Want more?

Shell announced yesterday that its 4Q earnings were 13% below expectations thanks to “increased downtime at major refining facilities”. The company will also be halting its plans for drilling in Alaska after the feds rescinded their original approval of the project and slapped the industry with more burdensome regulations.

But wait, why did Shell spend so much on its spill response program? Two words: federal regulations. I’m sure you remember how the Obama administration used the Deepwater Horizon spill over the summer to demonize the oil industry and illegally placed a moratorium on all U.S. offshore drilling. This, of course, was followed up with a truckload of new, bureaucracy-laden regulations from the Interior’s Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE)

Shell Stops Alaska Oil Exploration, Score One for Obama Administration : Reagan's List

The regulations that are strangling the oil industry are found here.

Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE): Regulatory Reform

And it doesn't stop there. Remember his vow to the coal industry? Obama through his EPA thug Lisa Jackson is end running congress to accomplish that goal.

President Obama's cap-and-trade bill died in the Democrat-run 111th Congress, but that hasn't stopped the chief executive and Lisa Jackson, his U.S. Environmental Protection Agency administrator, from finding regulatory paths to achieve the same goals.

Topping those goals is the abolition of coal as an electrical power-generating fuel. More than half of the electrical power used every day by Americans is generated by power plants fueled by coal. And 90 percent of all the coal consumed in the U.S. goes to electrical power generation.

But that doesn't matter to Obama and Big Green, they are determined to kill the coal industry because of its alleged contribution to global warming.

It appears that Jackson's EPA has now found the perfect regulatory tool to accomplish that goal - the proposed Mercury and Air Toxics Standard (MATS), which, according to the agency, would apply to all "Coal and Oil-Fired Electric Utility Steam Generating Units and Standards of Performance for Fossil-Fuel-Fired Electric Utility, Industrial-Commercial-Institutional, and Small Industrial-Commercial-Institutional Steam Generating Units."

Now even unions see Obama, EPA moving to kill coal, quarter-million jobs | Mark Tapscott | Beltway Confidential | Washington Examiner

So libs can play dumb about regulatory restraint that the administration is using all they want, but it is clear, and out there and the people see that.

j-mac
 
Please explain to me why it is I should care if a species or organism on this planet goes extinct.

Seriously? Did you not have a science class in high school? Never learned about the food chain? How our whole ecology is tied together, so that the failure of one small link can disrupt the whole chain? Between overfishing and global warming we're doing a pretty good job of killing the oceans right now.
 
From February,

So as of Feb, Obama and his enviro-nuts within the government are slow tracking permitting through burdensome regulation, known as the BOEMRE. Wow, I am just shocked?

Hmm, now, was this sudden caution in response to anything? For example, have we recently gone through something like the biggest oil spill in the history of mankind?
 
I didn't make the claim. If you can't back it up, it is hardly surprising!
Then why ask for a list of regulations?


Translated to: I can't back up my claim so I will change the subject.
Yeah that’s it. You act as though there are no government regulations adversely affecting the business sector or energy production and demand a list of these mythical regulations, whereupon being presented with a partial list of said regulations you further demand that they be broken down into details and when I choose ONE regulation to break down and discuss, you claim I am changing the subject. Yeah that’s it.


Because diversity of species and living systems are necessary for human development.
Really? Species have been going extinct since the beginning of time yet human development has rolled along rather favorably for mankind in spite of it. How do you explain this?

We have a symbiotic relationship.
We have a symbiotic relationship with nature in general, not with a few endangered species whose survival skills are so poorly developed they on the brink of extinction.

We have personal stake in protecting the environment. Without a healthy environment a healthy economy is not sustainable.
So the environment would be harmed if the Sand Dune Lizard (Sceloporus arenicolus) were to go extinct? Is this really the argument you are making?
 
Then why ask for a list of regulations?

To back up your claim.

Yeah that’s it. You act as though there are no government regulations adversely affecting the business sector or energy production and demand a list of these mythical regulations, whereupon being presented with a partial list of said regulations you further demand that they be broken down into details and when I choose ONE regulation to break down and discuss, you claim I am changing the subject. Yeah that’s it.

What your provided earlier were health and environmental protection regulations. I want to see the specific regulations you contend the only purpose of which is to discourage oil production. Than you go on to ask why you should be concerned about extinction of species, without providing anything to back up your claim. Please try to focus.


Really? Species have been going extinct since the beginning of time yet human development has rolled along rather favorably for mankind in spite of it. How do you explain this?

I explain it with commonsense! Just because nature can cause brush fires, does not mean that man doesn't also start brush fires.

We have a symbiotic relationship with nature in general, not with a few endangered species whose survival skills are so poorly developed they on the brink of extinction.

The individual species are part of that symbiotic relationship. Not a big believer in conservation eh?

So the environment would be harmed if the Sand Dune Lizard (Sceloporus arenicolus) were to go extinct? Is this really the argument you are making?

I am not knowledgeable enough to know all of the interrelationships with the Sand Dune Lizard. What insects do they help reduce in number? How many other animals depend on Sand Dune Lizards for food? See what I mean about a symbiotic relationship.


What is your main thrust here, are you trying to suggest that we should abandon health and environmental protection to satisfy your addiction to a declining fossil fuel, the burning of which is warming the planet and putting our health, the environment and the economy at risk?
 
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From February,




So as of Feb, Obama and his enviro-nuts within the government are slow tracking permitting through burdensome regulation, known as the BOEMRE. Wow, I am just shocked?

Want more?



The regulations that are strangling the oil industry are found here.

Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE): Regulatory Reform

And it doesn't stop there. Remember his vow to the coal industry? Obama through his EPA thug Lisa Jackson is end running congress to accomplish that goal.



So libs can play dumb about regulatory restraint that the administration is using all they want, but it is clear, and out there and the people see that.

j-mac

After, the most deadly oil disaster in US history, I commend the administration for carefully reviewing new permit requests. I have no intention of abandoning health & safety regulations after so many died unnecessarily. What specific regulation do you think is too stringent?

Regarding the other topic you just brought up. I also have no intention of supporting unnecessary air pollution.
 
Say what? “the only purpose of which..”? Get real.


The purpose of which is to back up your claim that there are regulations meant to restrict oil production. Still can't find anything eh?

I see you also avoided addressing my question from above:

"What is your main thrust here, are you trying to suggest that we should abandon health and environmental protection to satisfy your addiction to a declining fossil fuel, the burning of which is warming the planet and putting our health, the environment and the economy at risk?"
 
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