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To: M. Espinola
The upside is that at $100.00/bbl enough shale oil, coal gassification and more difficult tar sands deposits will be economicall viable to make us not only energy independant, but net exporters.

Think about what that will do for our balance of payments and our economy.
The money in our pockets will soon begin to grow faster than fuel prices.

So9

21 posted on 08/08/2005 10:04:17 AM PDT by Servant of the 9 (Trust Me)
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To: Servant of the 9
The upside is that at $100.00/bbl enough shale oil, coal gassification and more difficult tar sands deposits will be economicall viable to make us not only energy independant, but net exporters.

We haven't built a refinery in 30 years in this country. We can not drill for oil in ANWAR in a section specifically created FOR DRILLING when ANWAR was created. And you think suddenly we will be able to engage in other forms of oil extraction in this country?

The real answer to our oil problems is to ignore the enviro wackos and start exploring and pumping like never before. Start drilling the gulf. Start drilling off California. Start drilling ANWAR. Start drilling the Atlantic side of Florida. And build Nuclear Reactors!

26 posted on 08/08/2005 10:08:53 AM PDT by Phantom Lord (Fall on to your knees for the Phantom Lord)
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To: Servant of the 9

Another component of reducing gas prices I forgot to list is the reduction of the over 40 different blends that must be refined and distributed around the country. Regional blend requirements from the EPA add a great amount of cost to gas as well.


27 posted on 08/08/2005 10:10:19 AM PDT by Phantom Lord (Fall on to your knees for the Phantom Lord)
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To: Servant of the 9
The upside is that at $100.00/bbl enough shale oil, coal gassification and more difficult tar sands deposits will be economicall viable to make us not only energy independant, but net exporters.

You're thinking in constant dollar terms. It very well may be that when oil hits $100/bbl that $100 has the purchasing power of $70 today meaning these techniques will not be viable.

67 posted on 08/08/2005 10:37:11 AM PDT by AdamSelene235 (Truth has become so rare and precious she is always attended to by a bodyguard of lies.)
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