Posted on 06/24/2008 10:01:21 PM PDT by kellynla
Currently, it is only legal to drill for oil off certain parts of the California coast. Should the law be changed to expand drilling for oil in coastal waters or should the law stay as is?
59% Change To Expand
33% Stay As Is
Have you always thought drilling should be expanded off the California coast? Or, did you only recently come to think drilling should be expanded, given the price of gasoline?
50% Always for Expanding
48% Recently Due To Prices
2% Not Sure
If drilling is expanded in water off the coast of California, will the price of gasoline go down at once? Go down eventually? Or not go down?
14% Go Down At Once
46% Eventually
35% Not Go Down
5% Not Sure
(Excerpt) Read more at abclocal.go.com ...
ping
Even in California they want to drill.
ping
They need gas to get to their anti-war protests, nude-ins, gay marches, code-pinko functions. And Arnie needs fuel for his lear jet to shuttle back and forth to work, and to go to enviro conventions to condemn global warming.
“Even in California they want to drill.”
And contrary to what the rest of the country thinks, according to this poll, HALF of those in CA surveyed have “always” wanted expansion.
Typical of what has been going on in America for the past 30 years...the Treehugger “tail wagging the dog”...
The Terminator was elected via a recall. He says no to drilling off CA coast much longer and there may be another petition started for his recall.
59% in Cally want to drill. Congress approval rating - 11%. And there’s a big election coming up? (Sorry about all that math...)
14% Go Down At Once
14% are not all that bright.
Or, they might be the smart ones.
I'm not going to try to predict commodity futures. But, a large part of the current price of oil is the uncertainty that future supply will be sufficient for future demand.
The certainty of additional supply, even years in the future, will put a dampener on current oil prices. Will they go down? I don't know. They might only increase at a slower rate.
But, I'm not going to say they will not go down right away. My crystal ball isn't that good.
That would be my bet.
Even when thinking about domestic production, we have to consider that the domestic product produced will enter a global market that consumes 84 million barrels per day.
Unfortunately, OPEC if they wished, could cut production as the U.S. introduces oil onto the market or they could introduce additional oil onto the market as as the U.S. begins to E&P the domestic reserves.
That would be my bet.
Even when thinking about domestic production, we have to consider that the domestic product produced will enter a global market that consumes 84 million barrels per day.
Unfortunately, OPEC if they wished, could cut production as the U.S. introduces oil onto the market or they could introduce additional oil onto the market as as the U.S. begins to E&P the domestic reserves.
WHOA HOOO!!!! We have cracked the cranium of the liberal empire!!!!!!!!!!!!!!!!!!!!!
If “Most people in CA are on the conservative side”, why is your legislature controlled by Democrats, why are your two US Senators the loony Barbara Boxer (D) and in-the-pocket-of-nutty-environmentalists Diane Feinstein (D) and 34 of your 53 congress-critters are Democrats. None of these are conservatives—aren’t California conservatives voting or are you just sadly mistaken?
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