Haven't we had about enough of this guy?
This is what Sens. Dodd, Biden, and Kerry want, isn't it?
He's up for reelection next year and he's probably just practicing his campaign themes. ;-)
I don't have the link, but I read somewhere that the announcement that we were opening up the ANWR would drop the price of oil by $10/barrel (or something to that effect).
The theory (IIRC) was that the OPEC countries, who artificially manipulate oil prices, would have to up production or drop price, so that those companies/investors who would be interested in going into ANWR wouldn't because it wouldn't make financial sense.
But, why haven't we? Because some hippies chain themselves to a tree? Because the demoSTUPIDs, aligned with the granola coalition, yap on and on about destroying the "pristine" environment of ANWR, which, in actuality, is a mud bog? Because the leftists burn small businesses in Seattle, as if all of this is one big global cabal?
What planet are we on here?
Can the adults take over and figure this equation out?
Lead. Follow. Or, get the hell out of the way...demoKOOKs!
Uh, I'd love to see it get back down to $40-$50!!!!
At $50, I'm pretty sure that various alternative energy sources and conservation techniques will be viable. In addition, tons of American oil that isn't worth the hassles at $35 a barrel will now be worth pumping again.
With the notable exception of Saudi Arabia, the OPEC members who did the embargo in the '70s (and then doubled the price) have all fallen on hard times since. Just a note.
As soon as the energy companies decide they can make as much money from alternate fuels as they can from crude oil, we'll all be burning alcohol and soy diesel. The OPEC nations will revert to the deserts and jungles they were before, and Chavez will be a footnote in large volumes of South American history.
Mr Chavez needs to be reminded that, as a member of the WTO, it is not nice to gouge the rest of the world by doubling the price of crude within six months. That is not what fair-minded nations do to one another.
It is pathetic that 11 nations, who have sand and crude at their disposal, can hold the rest of the world hostage with inflated prices for their product and still sit at the same world trade table?????????????
China will purchase every drop of Venezuela's oil.
Oil prices are going up primarily because of demand. Any individual supplier can embargo the US all it likes, but all that will do is bring down the price of oil; by reducing their own demand, they have to sell cheaper, while we can simply buy at market price from another supplier.
High oil prices will likely hurt the US less than most other countries, except perhaps France. We're more adaptable, and have greater means to adjust. China, on the other hand, is getting screwed by higher prices, and they need the energy desperately.
Hugo needs to absent mindedly step out in front of a bus.
Tomorrow morning would not be too soon.
Hello Porter Goss?
Yes, that's a hint. :)
Time to shut these punks down, bring on fuel cells !
But if our native obstructionists have anything to do with it, we won't.
This dude is really asking for it, ain't he??? He's begging for a bullet.
Hugo has these paranoid fantasies about the US assassinating him. I say Porter Goss should play the role of Mr. Rourke and oblige him. "Welcome to Fantasy Island!" BANG.
The operating costs (including power consumption, labor, chemicals, and fixed capital costs (taxes, maintenance, insurance, depreciation, and return on investment) worked out to $12,000 per hectare. That would equate to $46.2 billion per year for all the algae farms, to yield all the oil feedstock necessary for the entire country. Compare that to the $100-150 billion the US spends each year just on purchasing crude oil from foreign countries, with all of that money leaving the US economy.
It's a possibility, anyhow.
Time to say the oil man's prayer.
Oh God, I promise not to piss off this boom!
We have been hearing that from our liberals for a long time in America. Now we hear the same words from a communist.