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Dependance on foreign (Middle East) oil is becoming larger thorn in our side
FoxNews ^ | 10-17-03 | Peter Brownfeld

Posted on 10/17/2003 3:11:59 AM PDT by milan

Edited on 04/22/2004 12:37:24 AM PDT by Jim Robinson. [history]

Some experts are saying the United States could face an energy crisis on the scale of one 30 years ago, when an oil embargo by Arab nations sparked an economic downturn, long lines at the gas pump and the fear of oil rationing.


(Excerpt) Read more at foxnews.com ...


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I don't know what to say; thanks democrats for not letting us drill, no duh...

This country needs to sink another 87 billion into the war on terror by providing large sums to research and move forward with hydrogen fuelcells, hybrids, or something. I know our scientific base can solve these problems if we just give them the resources.

1 posted on 10/17/2003 3:12:00 AM PDT by milan
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To: milan
I am unsure about one question: Do the Arab countries dictate to the oil industries or vice versa?
2 posted on 10/17/2003 3:24:10 AM PDT by David Isaac
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To: milan
thanks democrats for not letting us drill,

The 'Rats are the 'Rats, expect them to be the way they are.

The GOP has rolled over for them, that is where the blame lies.

If the GOP had fought and lost, then the 'Rats could get the blame. The GOP has chosen to make homeland drilling a non-issue.

As long as the RepublicRats choose the path of least resistance, then we remain at the mercy of sheiks, mullahs, dictators, or whoever happens to be in charge of the various OPEC member nations at any given time.

Homeland drilling is just one of many problems that the GOP has let us down.

Open borders, socializing medicine, 15b payoffs to African dictators in the guise of an Aids cure; the list just keeps getting longer.

3 posted on 10/17/2003 3:33:29 AM PDT by putupon (Tagline? You wanna' a tagline? I gotcha' tagline right here.)
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To: David Isaac
The Democrats are destroying America and I for one am not too sure it will not lead to an armed insurrection in the not to distant future.
When Alec Baldwin made his statement a few years back about killing Henry Hyde I laughed even though I knew the SOB meant it. Now I am not too sure someone from the right shouldnt advocate the same for Kennedy and his cohorts.The Liberal establishment in the Democrat Party is dividing this country daily and it is going to lead to divisions in this country and the choosing of sides and we will be more vulnerable than ever.And this crap coming from the lips of
Edward Kennedy is not only disgraceful it is treasonous and from the lips of one who in my opinion is a murderer and contemptuous,immoral,sarcastic, no good,senile bag of crap.It seems as though the better ones in this clan were taken before the evil one.If there is truly a devil on this earth this has to be him.He really needs to be exorcized.
4 posted on 10/17/2003 3:42:29 AM PDT by gunnedah
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To: gunnedah
At this point, a humble hatpin might do.
5 posted on 10/17/2003 5:30:26 AM PDT by sheik yerbouty
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To: milan
Most of our foreign oil comes from Canada and other non-Opec sources. Russia stepped up to the plate last time, I think they will again this time.
6 posted on 10/17/2003 8:27:34 AM PDT by rudypoot
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To: milan
The energy crisi was largely a myth. At least in a sense that it had nothing to do with an "Arab oil embargo."

One of the primary weaknesses of this country is that we blindly assume that political and business leaders in other nations are as dumb as our government and media make them out to be.

An "embargo" is a useless tool under any circumstances. The notion that a country can somehow come out ahead of the game by producing less of a prized commodity is silly. The Arabs were simply being intelligent in their approach to oil sales; because they knew full well that the U.S. dollar was being (and was going to continue to be, throughout the 1970s) deliberately inflated, they simply refused to accept U.S. dollars as payment for oil on the world markets.

7 posted on 10/17/2003 9:14:18 AM PDT by Alberta's Child ("To freedom, Alberta, horses . . . and women!")
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To: putupon
What you said!
8 posted on 10/17/2003 9:54:16 AM PDT by talleyman (It takes a village to raise an idiot)
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To: David Isaac
Good question about the second most available liquid on earth(& recent study suggests the earth is making more).

Keeping it off the market will be the trick in the future, it's going to start coming from everywhere.

What do you suppose Bush & Putin were really talking about?

9 posted on 10/17/2003 10:30:15 AM PDT by norraad
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To: gunnedah
There is no doubt more dirt out there on this guy than there is at the big dig. Someone has to start digging crap up on this hairball, tie his hands and his big mouth up so that he dedicates all his time defending himself and looks like the creep that is. Ted Kennedy makes me sick.

http://www.ytedk.com
10 posted on 10/17/2003 1:31:28 PM PDT by Wiggins
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To: Wiggins
It is a shame and disgrace. This turns me off to Massachusetts.They have to be liberal and idiots if this enfo is correct.
11 posted on 10/17/2003 4:30:24 PM PDT by gunnedah
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To: norraad
Good question about the second most available liquid on earth(& recent study suggests the earth is making more).

I always wondered about that. If oil is fossil fuel then what was so special about fossils millions of years ago that isn't special about them today? Look at all the biomass shed each year by animals and plants. If it didn't get "used" somehow wouldn't the Earth keep getting bigger and bigger, maybe that stuff is being compressed into rock as new comes on top and when it reachs a certain depth near the core is converted into coal or oil. We can extract oil from certain rock, why couldn't the earth?

12 posted on 10/17/2003 7:30:08 PM PDT by this_ol_patriot
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To: milan
One thing about ANWR is that there isn't 1% of the oil there as in Saudiland. That is to say, ANWR is not a cure. More of an aspirin.
13 posted on 10/17/2003 7:34:09 PM PDT by RightWhale (Repeal the Law of the Excluded Middle)
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To: RightWhale
ANWR has 30 years worth of saudi oil !
14 posted on 10/17/2003 10:35:14 PM PDT by america-rules (I'm one proud American right now !)
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To: RightWhale
LOOK
15 posted on 10/17/2003 10:36:11 PM PDT by america-rules (I'm one proud American right now !)
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To: norraad
It is slightly possible that conspiracy theorists are all wet, but there is certainly no shortage of evidence to feed those theories. Using straight-line logic (my term, I do not wish to get in an argument about the various forms of logic), it is difficult to arrive at any other conclusion. I, for one, consider your thoughts to be valid, but then again that is only the opinion of one person.
16 posted on 10/18/2003 6:42:51 AM PDT by David Isaac
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To: america-rules
ANWR has 30 years worth of saudi oil !

      At least!  Has anyone else heard of a huge pool under Gull Island?
17 posted on 10/18/2003 7:48:03 AM PDT by Celtman (It's never right to do wrong to do right.)
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To: RightWhale
In addition, begging the Camel humping Saudis for their oil is why we can't just attack them for being the REAL terror center of the planet.

In the long run, COAL is the best answer, along with increased Nuclear Power. The good ole USA has HUGE reserves of coal yet to be touched.

Used to be that burning coal to produce electricity resulted in mondo pollution and acid rain. This is no longer true as technology now enables effective "scrubbing".

Coal and Nuke power to produce electricity with gradual switchover to electric vehicles.

Fuel cells also offer some real advantages.

Any way you look at, we have to get detoxed from cheap Middle Eastern oil if we ever expect to end the funding of and subservience to Muslim Terrorism.
18 posted on 10/18/2003 7:50:40 AM PDT by HadEnough
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To: america-rules
Good Get on that article. Here's the rest of answer:
________________________________________________________
CU geologist: Billions of barrels of oil lie miles below the Gulf of Mexico
By Blaine P. Friedlander Jr.

U.S. reliance on foreign oil production could be reduced by chemically mapping the subsurface streams of hydrocarbons, amounting to tens of billions of barrels, hidden well below the Gulf of Mexico, a Cornell geologist reports.

These untapped oil and gas reserves can be found by matching hydrocarbon chemical signatures with geologic models for stratigraphic layers under the sea floor, said Lawrence M. Cathles, a professor of chemical geology at Cornell.

"The undiscovered gas and oil potential of the Gulf of Mexico is very large," said Cathles. "We have produced only a small fraction, and the deep-water potential for finding more there is big. In terms of potential, it is bigger than the North Sea. It's about a big a deal as there is."

Cathles presented his findings in a talk, "Massive Hydrocarbon Venting with Minor, Constantly Replenished (Flow-Through) Retention in a 100 x 200 km Area Offshore Louisiana Gulf of Mexico," at the 225th national meeting of the American Chemical Society in New Orleans, March 27.

The northern Gulf of Mexico basin is one of the world's most active areas of hydrocarbon exploration. A study of an area of about 9,500 square miles found that hydrocarbons currently are being naturally generated from strata deposited during the Tertiary and Jurassic periods, miles below the sea floor. Hydrocarbons are leaking through natural vents at hundreds of locations, and these vent sites have been visited and studied by Cathles and other researchers using small submarines.

What makes this area offshore of Louisiana important is the presence of two types of hydrocarbon deep below the gulf floor: the deeper, early-maturing Jurassic and the later-maturing Tertiary. Each has a distinctive chemistry. As these sources mature, the hydrocarbons migrate upward toward the surface through what can be thought of as a myriad of small streams and ponds, much like a natural water system. Just how much liquid hydrocarbon is retained within this subsurface network is a matter of crucial interest, Cathles said.

More than 70 percent of the hydrocarbons that have been naturally generated have made their way upward through the vast network of streams and ponds and vented into the ocean. The hydrocarbons are digested by bacteria, which then become food for the gulf's marine life. The earlier-generated, sulfur-rich, carbonate-sourced Jurassic hydrocarbons are replaced by the shallower, later-generated, shale-sourced Tertiary hydrocarbons which fill the producing reservoirs in the northern part of the study area. This displacement of Jurassic by Tertiary oil provides geologists with a measure of the remaining untapped oil and gas below the gulf's floor.

The hydrocarbons hidden within the subsurface ponds and streams are about 8 to 10 percent of the Gulf of Mexico's total hydrocarbons. In the study area this represents about 60 billion barrels of oil and 370 trillion cubic feet of gas and is the hydrocarbon that could be extracted, Cathles said. (The remaining hydrocarbons, about 20 percent, stay stored in the source strata.)

Cathles said that the telltale chemistry of the hydrocarbons reflects the streams and ponds through which they migrated, and thus could point to the ponds that remain to be discovered and produced. Ultimately he hopes that looking at the hydrocarbon chemistry in this new way could provide geologists with accurate information on the presence and size of the deeper reservoirs. He said: "By combining chemical data from currently producing reservoirs with seismic images of the subsurface using computer migration models, drilling for new deep reservoirs can be facilitated."

Funding for the research was provided by the Gas Research Institute in a joint project with the Woods Hole Oceanographic Institution.


April 3, 2003

Our dependency could be erased in a few years. Then we'll see how many terrorists they can afford to fund.

Red
19 posted on 10/18/2003 8:05:44 AM PDT by Redwood71
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To: america-rules
Why do some people persist in turning a couple billion barrels of oil into another Saudi with a couple hundred billion barrels of oil? There is no comparison.
20 posted on 10/18/2003 8:15:57 AM PDT by RightWhale (Repeal the Law of the Excluded Middle)
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