Posted on 09/15/2011 11:23:28 PM PDT by neverdem
People seem to forget that when Bush lifted the moratorium on drilling, that prices dropped right away — even though people kept saying “oh noes! We won’t see any of that for a long time in the future because it can take 10 years!”
It is not about supply, it is about perception of supply. Open up drilling and “poof!” speculators are running to the nearest door and the price drops.
That simple.
Fifty-cent gas is entirely possible.
You’re not going to achieve anything long-term by messing around with the market.
I agree lifting the moratorium is important, but other than that let the market do its thing.
He’s fine right until he talks about methanol. One reason methanol hasn’t really taken off is because someone noticed that burning methanol in an internal combustion engine grossly increased the formaldehyde exhaust of the engine. Whoops.
Not to mention the control it has in Washington. Stir that in the with influence that in with the Greenies and their wholesale myths and propaganda which makes the struggle cheaper energy a long uphill battle. Good luck.
The fastest way to kill high gasoline prices is to enact tax legislation that requires that the appropriate weight class vehicles have true multi=fule engines that can run on either gasoline or natural gas. We’ve got so much natural gas in this country we’re starting to export it in much bigger quantites.
The deep shale drilling which has been continuing even with the other obstacles to drilling has produced a huge over supply of natural gas that is going to become much larger.
Trite, with a side of bias.
Drill here, drill now, drill everywhere there is U.S. oil, NO exceptions.
Great find, thanks! At first I thought this can’t possibly be the same Robert Zubrin whose every public utterance has to do with getting us to Mars, but it is him! And this is his plan to make oil obsolete and break the back of both OPEC and the islamic terrorists it supports. Do that, and the world can begin moving forward again. I like it. I like it a lot.
But it produces substantially less of other pollutants. How it compares overall I am not sure.
Why don’t you go look up the medical effects of unburned methanol getting into the water supply.
Here’s a hint, it’s also called wood alcohol.
Absolutely!
This is BS. We actually have all the oil we need for the next 300 years or so if we would only get it out of the ground. Drilling now and allowing new refineries to be built would indeed drop the price of oil. In fact the mere threat of us doing so has dropped prices in the past. Flex fuel engines might help but drilling is the main answer.
He forgot to mention:
* Austrailia has a HUGE push towards LPG in cars, their are some big win - win technological advances that make it a reality under the hood. I.E. they are keeping it a liquid all the way to the injector ( some in Europe already doing it to the "Direct Injector") and the change of phase of state drops temperatures of the combustion chamber and you can up the compression ratio or dial up the turbo. Smaller engine, more power, cleaner emissions, and they have closed the gaps on fuel economy.
* JP fuels via the Fisher Tropsch process of converting coal to diesel. It could be done for $25 a barrel.
” People seem to forget that when Bush lifted the moratorium on drilling, that prices dropped right away — even though people kept saying “oh noes! We won’t see any of that for a long time in the future because it can take 10 years!”
no better time to start than now in that case
and BTW, 1 month after signing bill to start drilling .. our gas was down to $1.63 .... $2 is no bargin, we should be able to do much better than that
Gas would be a lot cheaper than $2 per gallon if the U.S. extracted and processed its own.
save
An easier solution is to remove the federal and state taxes from each gallon of gas.Next time you buy gas see how much that adds up to.
I think FIA or F-1 racing needs to be told...They run their racecars on Methanol.
IMHO..the major part of the problem, is that 535 freakin’ idjits on Capitol Hill have more to do with gasoline prices than the guys who know how to drill and refine.
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