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OIL NEARS $117 A BARREL ...
NEALZ NUZE ^ | Monday, April 21, 2008 | NEAL BOORTZ

Posted on 04/21/2008 6:10:30 AM PDT by Turret Gunner A20

And our "friends" the Saudis are balking at increasing production. So while they continue to screw with us on oil ... let's be sure to respond here in this country by: Refusing to drill in ANWR for more oil in the very portion of ANWR that was set aside for the purpose of drilling for more oil.

Refuse to tap the known reserves of oil and natural gas off the West coast of Florida because, after all, we certainly don't want tourists in Florida to catch sight of a drilling rig 25 miles off shore now do we?

Refuse to develop ways to use the oil shale from the Western United States.
Refuse to develop coal gasification techniques. Refuse to build any more refineries in the United States.
Listen to the anti-nuke moonbats and continue to delay building some nuclear power plants.
And while we're doing all of these things let's make sure to keep the subsidies for ethanol at a ridiculous high so that we can take more land out of food production to grow more corn to be turned into an alternative fuel.

We burn more than a gallon of fossil fuels to produce a gallon of ethanol .. so this sounds like a good bet to me!

Oh ... and let's continue to call the Saudis our friends and kiss their sandy butts at every possible opportunity.


TOPICS: Government; News/Current Events
KEYWORDS: energy; oil
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1 posted on 04/21/2008 6:10:31 AM PDT by Turret Gunner A20
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To: Turret Gunner A20

It didn’t just get “near $117”, it HIT $117!........


2 posted on 04/21/2008 6:13:46 AM PDT by Red Badger ( We don't have science, but we do have consensus.......)
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To: Turret Gunner A20

And just to make sure..let’s elect a bunch of people who are in favor of all those things. In fact..don’t even let people who disagree on the ballot.
We deserve and will get $5 fuel this summer and $4 buck bread. Meat will stay low for a while because the farmers will reduce their herds...
I guess when the MSM never tells people the truth..how can we expect them to know.


3 posted on 04/21/2008 6:15:30 AM PDT by Oldexpat
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To: Turret Gunner A20

Sorry boys and girls, oil is not up. (neither is gold, copper, aluminum, lead, nickel, platinum, Canadian dollar, the Euro, Asian currencies, corn, wheat, soybeans, fertilizer, herbicides, milk, eggs, chicken) The dollar is down.

It has to happen. The third world is now our competitor. Their wages will come up some, ours will go down some. If we refuse to lower our wages in nominal dollars, the market will lower our wages by devaluing our dollars.


4 posted on 04/21/2008 6:20:39 AM PDT by live+let_live
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To: Turret Gunner A20
we certainly don't want tourists in Florida to catch sight of a drilling rig 25 miles off shore now do we

There won't be many tourists if this keeps up, so what excuse will there be then?

5 posted on 04/21/2008 6:21:40 AM PDT by Mygirlsmom ("My advice: Quit supporting the party that is symbolized by an ass." Ted Nugent)
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To: Oldexpat

This ETHANOL MADNESS MUST STOP!!!
Diverting food to fuel use is IDIOCY!!!
Subsidizing it is even more STUPID!!!

Whatever you subsidize, you get more of.
The government subsidizes ethanol, voila! More ethanol!
The government subsidizes poor people, voila! More poor people!
The government subsidizes immigrants, voila! More immigrants!
The government subsidizes cheese, voila! More cheese!

The government should subsidize freedom, voila! More freedom!..................


6 posted on 04/21/2008 6:22:39 AM PDT by Red Badger ( We don't have science, but we do have consensus.......)
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To: Turret Gunner A20

Cheney’s tour of the middle east.

what a guy

(sarcasm)


7 posted on 04/21/2008 6:24:42 AM PDT by patch789
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To: Turret Gunner A20

I was listening to the radio yesterday, and a businessman asked “how many windmills does it take to have enough power to melt a ton of steel”? And yet the tree-huggers think that windmills and other forms of “alternative energy” will save the world. Fat chance. Our economy is based on oil, not wind.

And B. Hussein’s “solution” is to provide government funding of alternative energy development, and enact a windfall profit tax on oil companies. Pandering to the ignorant masses of people who don’t have a clue about economics, and ultimately ruining our economy and making things much worse if enacted....


8 posted on 04/21/2008 6:25:20 AM PDT by Born Conservative (Chronic Positivity - http://chronicpositivity.wordpress.com/)
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To: Turret Gunner A20

If Florida tourist knew how good fishing was around those off shore rigs they would begging to get them drilled.


9 posted on 04/21/2008 6:25:53 AM PDT by Ditter
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If we could not get deregulation on drilling and oil exploration in the United States and new refineries under a Republican president and Republican Congress, do you really think it’s going to happen after November 2008?

We are doomed unless a grown up makes some serious decisions about the energy policy of the USA.


10 posted on 04/21/2008 6:26:40 AM PDT by ktime
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To: Turret Gunner A20

OK, so what is the trigger point, where the rat’s nest of “environmental” regulation get suspended, and we begin to tap all our OWN vast supply of crude reserves? Or relatively easily accessible coal reserves?

And when do we start to draw down the HUGE quantity of Methane Hydrate that lies in the waters all about our countinental shelf? Recovery of this resourse should not be that difficult, as no drilling through deep layers of the earth’s mantle is required, Just scoop the stuff up, keeping it cold (below 40º F, or about 5º C.), then either transport it in that form, or let it warm up in a containment chamber, where it turns into natural gas and water, and pipe to wherever it is needed.

Japan is working on expanding this process to industrial scale right now. China and India are close behind in development of this largely untapped resource.


11 posted on 04/21/2008 6:27:00 AM PDT by alloysteel (Living at large as a toxic curiosity since 1962)
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To: Turret Gunner A20
"Listen to the anti-nuke moonbats and continue to delay building some nuclear power plants."

This is the one that really gets me in this Age of the Carbon Dioxide fueled 'Global Warming' hysteria. An acquaintance of mine who volunteers with the Sierra Club says they are very opposed to Nukes. I had to remind him of the Ethanol fiasco - It's waste, effect on prices, patent inefficiency, degradation of the environment in terms of increased fertilizer run-off and water usage, etc.

His response was a very telling silence! These people do not know what they are doing and they pick up some strange allies in their quest to recapture the Stone Age ambiance.

12 posted on 04/21/2008 6:27:46 AM PDT by TCats
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To: Turret Gunner A20

Let’s just make it 200 dollars a barrel. This story daily is tiresome. Good grief. It is our (Americans in general) fault that the price is going up. Either we drill for oil in USA, find another source or we pay what the Saudi’s ask. It is that simple.


13 posted on 04/21/2008 6:29:05 AM PDT by napscoordinator
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To: Red Badger

Can you name a business with more than a 100 employees that moves into a town or city that does not get a subsidy??? Nothing wrong with turning sunlight to ethanol. Been around since about 1980 and I doubt it goes away just like the thousands of other businesses that are subsidized. Just to separate the two in all fairness, industry produces useful products whereas welfare does not. There is a difference.


14 posted on 04/21/2008 6:31:28 AM PDT by Neoliberalnot ((Hallmarks of Liberalism: Ingratitude and Envy))
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To: Turret Gunner A20

It is not if but when this OIL FUTURE BUBBLE will pop. The writers were paid. The speculators are leveraging and doubling up and up. The fear of being to late to the party usually is a good signal to close. If you are long, take the money and run!


15 posted on 04/21/2008 6:33:00 AM PDT by Broker (Grandpa Petti Bones wants to know.)
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To: Born Conservative

And B. Hussein’s “solution” is to provide government funding of alternative energy development, and enact a windfall profit tax on oil companies. Pandering to the ignorant masses of people who don’t have a clue about economics, and ultimately ruining our economy and making things much worse if enacted....””

I think this is Hussein’s intention. When you pick a candidate from the bottom of the dung pile and find out he is supported by muslims, both domestic and foreign, expect the worst for this country.


16 posted on 04/21/2008 6:33:36 AM PDT by Neoliberalnot ((Hallmarks of Liberalism: Ingratitude and Envy))
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To: Neoliberalnot

Subsidies for corn ethanol

Corn ethanol subsidies totaled $7.0 billion in 2006 for 4.9 billion gallons of ethanol. That’s $1.45 per gallon of ethanol (and $2.21 per gal of gas replaced).
Even with high gas prices in 2006, producing a gallon of ethanol cost 38¢ more than making gasoline with the same energy, so ethanol did need part of that subsidy. But what about the other $1.12. Not needed! So all of that became, $5.4 billion windfall of profits paid to real farmers, corporate farmers, and ethanol makers like multinational ADM. Why is it the farm states put up with this?!

Where did those subsidies come from:
1. 51¢ per gallon federal blenders credit for $2.5 billion = your tax dollars.
2. $0.9 billion in corn subsidies for ethanol corn = your tax dollars.
3. $3.6 billion extra paid at the pump.

That’s quite a bit when you figure it only made us 1.1% more energy independent and only reduced US greenhouse gases by 1/19 of 1%.

http://zfacts.com/p/63.html


17 posted on 04/21/2008 6:36:25 AM PDT by Red Badger ( We don't have science, but we do have consensus.......)
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To: TCats

They want us to live in caves.


18 posted on 04/21/2008 6:36:33 AM PDT by Eric in the Ozarks
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To: Mygirlsmom
There won't be many tourists if this keeps up, so what excuse will there be then?

As long as the dollar is down, there will be plenty of tourists in Florida. However, they will be all Europeans taking advantage of the exchange rate.
19 posted on 04/21/2008 6:37:06 AM PDT by Sig Sauer P220
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To: All

These mircoturbines that run on natural gas are now going into hybrid vechicles(cool product) they require no lubrucation(oil) to run(cool on air bearings)

http://www.youtube.com/Microturbine


20 posted on 04/21/2008 6:38:06 AM PDT by janetjanet998
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