Posted on 05/24/2008 9:24:38 AM PDT by BenLurkin
Leni
Your word to God’s ear.
8. All Alternative energy production sources encouraged.
9. Corruption and obstruction (while secretly moving US technology offshore) at the US Patent Office ends.
10. Additional nuclear reactors planned
11. ANWAR drilling begins
Incorrect. Saudi Arabia is 2,000,000 barrels under their daily capacity.
Their "increase" of 300,000 barrels daily several months ago was a proverbial drop in the bucket compared to their capacity under-run, and likely simply accounted for the overage they were already pumping.
Why stop there? We have untapped oil in the Gulf of Mexico we could be extracting, oil in Colorado's mountain ranges that we know how to extract now (drilling sideways without damaging the environment) and our own shale oil reserves we could be exploiting using underground extraction which doesn't disrupt the surface.
So why don't we do it?
Oh yeah, that's right - an environmentalist-nazi controlled Democrat party, and a bunch of spineless Republicans who don't force daily votes on drilling off our own shores or in our own waters.
Don't just toss out the Dim's, toss out the spineless Pubbies too this election!!!
Demand Energy Independence, and demand it NOW!
Call me crazy, but how about stopping the "speculator driven" hedge-funds that have unnecessarily driving up the price of oil?
In a consumer-driven free-market economy that we live in, why do we allow market manipulation like this to occur?
8. All Alternative energy production sources encouraged.
Probability: Unlikely. Any increase in production won’t offset growth in demand.
9. Corruption and obstruction (while secretly moving US technology offshore) at the US Patent Office ends.
Probability: Unlikely. It hurts when coffee gets spit out my nose.
10. Additional nuclear reactors planned.
Probability: Unlikely. Brainwashed lefties will never allow anything meaningful in this regard.
11. ANWAR drilling begins
Probability: Unlikely. See #10.
7. China and India, feeling sympathetic to the plight of suffering SUV-driving Americans, abandon their 3 cylinder, 1200 pound automobiles and return to bicycles and rickshaws for transportation.
The price of oil will plunge when environmentalist freakos run out of cash to buy our treacherous politicians who deny us the right to pump our own oil.
# 7....it’s getting closer to election.
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This gambit was discussed in the last election. There was very little movement in the oil and gas prices back then.
My dad has been talking for months about tulip mania, both with regards to housing and now commodities, including oil. That said, far too many folks now believe the price of oil and other commodities will increase forever, which is exactly what the speculators predicated their moves on during the housing insanity two years ago...and we all know how that one ended!
1) ANWR holds at most 2.7 years of US consumption, more likely < 2 yrs. Possibly as little as 1. More importantly, that’s about 3 months of world consumption.
2) Alternative Energy has been sought with funding for 31 years now. The DOE was created in 1977. Oil remains the primary fuel source for transportation. There is no proof or law of the universe that says acceptable alternatives can be found.
3) Cities are not farms. Food gets to cities on trucks, usually over large distances. Trucks use diesel. Nuclear power provides electricity, but the power required for trucks to carry food to cities is beyond practical electrical designs. The horsepower/watt conversion would dictate battery size/weight so large that little payload room would remain in the equations. There is much talk of cars for alternative fuels, but from the perspective of sheer survival of civilization, it is trucks that matter, not cars.
4) The Democrats are being entirely political when they say “you can’t drill your way out of the problem”, but from a long term perspective this is right. New supply would lower prices temporarily, and there’s nothing wrong with a temporary reduction in price, but the truth is that there is no reliable evidence behind “oil is replenishing itself” theories. If there was, private landowners with old wells on their land would restore their revenue flow now that prices are so high. They don’t because empty means empty. There is a finite planetary supply of oil and when it’s gone, it’s gone. (Note, however, that Saturn is made of methane)
I’m not counting on this. We need and energy independence moonshot. Give oil a competitor. Competition works.
On second thought, nevermind. The Globalist oligarchy that runs our current government must know what is best for us.
I can think of another reason.
Using oil as a fuel source in itself will be obsolete, when the big oil companies find out they no longer have the cojones of the world in their hands because in some lab right now there is people developing processes that will be a historical turning point for the human race.
And the Saudis know it and are afraid, they will make as much as they can any way they can before the bubble bursts.
I agree with all your points but doubt they'll be popular on this forum. Drilling ANWR is akin to putting a band-aid on a gushing wound.
Our energy crisis is going to call for a complete restructuring of American society. We got a taste of the future back in the 1970s and we adapted temporarily. However, we squandered the opportunity to change our habits and now we are paying the price. Change will be forced upon us.
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