Skip to comments.FedEx CEO: use of foreign (Arab) oil threatens US economy
Posted on 02/24/2009 6:45:44 PM PST by PRePublic
FedEx CEO: use of foreign oil threatens US economy The Associated Press - Feb 23, 2009 Chief Executive Fred Smith said Monday that US reliance on foreign oil is the biggest threat to the nation's economy after terrorism.
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I bet Fred wants to drill at home.
Then lets drill our own!!!
At what price per barrel does oil have to be at to make it “worth” producing our own?
our throat is in the grasp of Wahabis who despise us. Isn’t that smart?
The answer is “They want us to live in caves.”
Last September, Democrats said that increasing U.S. domestic wouldn’t help matters; because it would take 10 years to show any results.
A prediction for 2018: Democrats oppose drilling because it will “take 10 years to show any results”.
There’s a reason he’s paid the millions, and it’s certainly not his company’s stock performance.
My kid’s 16 and knows this.
Fortunately America has lots of coal, and coal to oil technology has been well known since WWII.
Now, how can we actually get the politicians to actually allow it.
But not all politicians have the guts to say it.
Bad way to go. Coal is for electrical energy.
For transportation: Oil shale in Montana, oil sand in Canada, and oil drilling everywhere.
But windmills and solar will be ready to take over immediately... well maybe in ten or twenty years or longer.
But, we will have all the wind energy we want is 20 years. The economy means nothing compared to the threat from global warming from carbon based fuels. If is saves one polar bear it is worth it.
That assumes favorable technology breakthroughs (always hard to predict). It also means covering say, the entire state of Nevada or Utah with solar arrays, and maybe Ohio with wind farms to account for some energy use growth. But those are just details, the O is an idea man, he can't be bothered with the little things like science and engineering...
The Jihadis won’t starve for much longer for the worldly bailout recipients, and our kids aren’t going to die to keep their freight fuel cheap.
So either do Iran now, or don’t even think about trying to make us play cops and robbers with the mullahs for decades for you later. And do it right. And stop sending hundreds of billions of tax dollars to foreign manufacturing plants and herding millions of third-world slaves into my country. ...no morale for American men, then no fighty.
Here’s your first lesson on real manhood in leadership.
Denazification, cumulative review. Report, 1 April 1947-30 April 1948.
I assume you are kidding. I remember a number bantered around last year when prices had gotten so high... something around $60.
But I assume that your $100 figure includes the court battles it would take to get the permits do even start drilling???
Have you ever calculated how long the estimated 20 billion barrels of American recoverable oil would last?
Assume there is 3 times as much and then divide it by 20 million barrels per day (let’s assume efficiency allows for growth of the economy without growth in oil demand).
How many years did you get?
Oil shale is messy to open mine, requires heat and lots of water to drill, and is very expensive to refine.
You guys do sarcasim well. I’m glad you didn’t spoil it with a </sarc> tag. People here get it.
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