Drill now and prices will start to fall immediately .
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To: Donald Rumsfeld Fan
If it is going to take 10 years, shouldn't we get started?Drill here, drill now, pay less |
2 posted on
07/06/2008 12:22:04 PM PDT by
NonValueAdded
(If it is going to take 10 years, shouldn't we get started? Drill here, drill now, pay less.)
To: Donald Rumsfeld Fan
Drill now and prices will start to fall immediately . Order the uncapping of existing wells that were capped 20 - 30 years ago that were pumping just fine back then, it only takes a few weeks to get them back into production.
If a general directive to uncap the existing wells were to come from the White House today, prices would start to fall by Tuesday.
3 posted on
07/06/2008 12:25:51 PM PDT by
TLI
( ITINERIS IMPENDEO VALHALLA)
To: Donald Rumsfeld Fan
The average profit, as we've noted before, is around 8 to 9 cents to the dollar. That compares with about 7 cents to the dollar for manufacturers and more than 15 cents to the dollar for computer makers. In short, oil profits aren't out of whack with the rest of industry. What doesn't get said is that while oil companies have profit margins of about 8%, about 12% of the price of a gallon of gas goes to the government in the form of taxes. When indirect taxes are included, the share is even higher. So who are the real price-gougers? From 1981 to 2006, the oil industry made $867 billion in profits. Yes, that's a lot. But over that same time, they paid total taxes of $1.2 trillion, Energy Department data show. And that doesn't include taxes of $519 billion paid to foreign countries. Please remember that the next time a politician vows to hit "Big Oil" with a windfall profits tax or some other idea. The tax won't be paid by the oil company; it will be paid by you, the consumer.
4 posted on
07/06/2008 12:27:01 PM PDT by
SandRat
(Duty, Honor, Country! What else needs said?)
To: Donald Rumsfeld Fan; All
What has become apparent to me from the years I've been reading about the oil/energy problem is that the Democratic Party has been obstructionist to the nth degree. They do not want to explore for oil. They do not want to drill. They do not want nuclear power. They do not want natural gas. It's almost like they want a calamity! Then it occurred to me, yes they want a calamity! They believe it will be to their advantage to create a catastrophe. They can blame it on the market, evil corporations, capitalism, etc. They will then go in with government programs to fix the problems that they are mostly responsible for creating. That has been the plan all along. More government! That is what the Democrats are all about.
6 posted on
07/06/2008 12:41:16 PM PDT by
truthguy
(Good intentions are not enough!)
To: Donald Rumsfeld Fan
DRILL HERE DRILL NOW AND KEEP DRILLING.
SPOIL THE SOCIALIST AGNEDA TO DESTROY AMERICA BY DENYING IT OIL.
14 posted on
07/06/2008 1:00:23 PM PDT by
SECURE AMERICA
(Got Freedom ? Thank a Veteran...... Want to keep Freedom? Don't vote Obama)
To: Donald Rumsfeld Fan
The big event in that three-year period was in 1977 when an Atlantic Richfield oil executive told him, We have just drilled into the largest pool of oil in North America[and] in the world!
That pool was Gull Island. It was said that there was enough natural gas to supply America for 200 years. But to this day, not one drop of that oil has been released to American refineries, Williams said.
fact or fiction?
19 posted on
07/06/2008 1:08:48 PM PDT by
LomanBill
(A bird flies because the right wing opposes the left.)
To: Donald Rumsfeld Fan
President Reagan, within a week of his inaugural in 1981, removed domestic controls on oil. Energy prices began tumbling almost immediately, with oil falling from $34 a barrel in early 1981 to just $11 by 1986. pitchforks might be useful now.
24 posted on
07/06/2008 1:17:58 PM PDT by
alrea
(ethanol stops global warming with starvation)
To: Donald Rumsfeld Fan; informavoracious; larose; RJR_fan; Prospero; Conservative Vermont Vet; ...
+
Freep-mail me to get on or off my pro-life and Catholic List:
Add me / Remove me
Please ping me to note-worthy Pro-Life or Catholic threads, or other threads of interest.
There is a clear moral imperative to drilling now and drilling here. People are dying because of the left's policies. Act now!
25 posted on
07/06/2008 1:19:01 PM PDT by
narses
(...the spirit of Trent is abroad once more.)
To: Donald Rumsfeld Fan
The Oil people say ONE year in some cases.
To: Donald Rumsfeld Fan
Here is one energy myth I wish were examined by the people for whom the facts are available:
If the "Big Bad Oil Companies" suspended all dividends, all profits beyond upkeep, all maintenance and current costs of doing business, all bonuses to management, how much would that reduce the price of gasoline per gallon?
I think the answer would render all our congresscritters deaf, dumb ---- and suddenly invisible.
52 posted on
07/06/2008 5:00:03 PM PDT by
Publius6961
(You're Government, it's not your money, and you never have to show a profit.)
To: Donald Rumsfeld Fan
55 posted on
07/06/2008 6:53:16 PM PDT by
Salvation
(†With God all things are possible.†)
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