Posted on 04/21/2006 4:16:43 PM PDT by Species8472
Please refrain from introducing common-sense and true conservatism into a thread that provides feel-good knee-jerk pseudo-con ranting against "environmentalists."
And focus solely on using ONLY the oil found in ANWR.
lol...It's funny how when others try to put words in your mouth, they always pick really stupid statements.
Oh, I'm sorry... :)
The royal family might be Bush family friends...but they are not friends of American.
That's a great point. Chavez and Ahmadinejad may be posturing for their domestic audiences, (and Ahmadinejad is more of a spokesman than the real power), but these two countries have emerging middle classes (Iran more so). Unlike the sheikdoms that we call our allies, their countries' oil wealth is being used to build up the infrastructure of their countries.
An educated, particularly a technologically educated, middle class, is anathema to terrorism. The new generation is online, they are very tuned into western culture, and want to have a better life. The Saudis, Kuwaitis, Yemenis, etc., all are fabulously wealth oligarchs, with the majority of their populations poor and uneductated (and in Kuwait, not even citizens). The playboys-of-the-western-world Saudis appease their mullhas by imposing Wahhabism on their population. So poverty, hopelessness, and the only education available being the fanatic "Maddrassas" and what do you get? 15 guys hijacking planes and crashing them into buildings!
The Bush family have ties with the Saudis and the bin Ladins and that might be giving them a blind spot on where the real financial support of the terrorists is coming from.
Really, how much money has Anadarko, Kerr-McGee and Pioneer spent on their ethanol upgrades? Those in the business recognize the difference between upstream and downstream. The Alaska North Slope has had new investors join in the last few years. Shell has bought two new drill ships and 87 offshore leases in the past year. ConocoPhillips is expanding Westward out into NPRA. BP is investing in enhanced oil recovery adding new wells to existing drill sites.
I'd say 3-5 years, minimum. 3-5 years of no return on money.
And how is this different to anytime in the past couple decades when oil companies have continued to develop new fields.
To convert to E85 can be done in a relatively short period of time, the next 1-2 years, for the bulk of it.
You should try doing the math to see how much land it takes to convert the US to E85. It doesn't exist.
Yup. Nobody's been able to build a refinery in this country for nearly 30 years, because of the environmental extremists.
The US could double its domestic oil production and not reach the capacity of our existing refineries. They just would be processing domestic crude instead of sending those dollars to foreign governments for crude royalties.
The US imports 9.8 million barrels of crude a day to refine. It imports 1.0 million barrels of gasoline and 0.2 million barrels of Distillate Fuel Oil to supplement our refining capacity. Which do you believe is the bigger shortfall? The refining does need to be expanded. But we need to quit sending our dollars to foreign governments to support royalties and taxes that should remain in the United States. If ANWR, OCS, Bristol Bay and others were developed, the payments to the government could be used to help develop our Shale Oil reserves. We could achieve true energy independence. It should also be combined with a nuclear power plant program.
I thought that the Iraq war was supposed to solve this and that Iraqi oil would be so plentiful that we would not only have lower prices but the costs of the war would "pay for themselves."
Remember several years ago, all the politicals talked about was how income, sales, and taxes upon taxes would still not be enough. So we pay buck and a half more a gallon but don't hear any tax talk these days. Probably because the same politicals are too busy putting it in their pockets, ha.
I always figured that 3 bucks a gallon would trigger America's wrath but not so sure now. Whats going to be the straw to break the camel's back? What price/gal do you think will change what seems to be ANWR deadlock?
Probably have to be around $6-7/gallon before the RINOs stop acting like Democrats.
And probably $8-9/gallon before the Democrats change their minds.
I would have swore last years prices would have turned the tide.
Some politians and voters are denser than I could have imagined.
I really believe that this oil thing is driven purely on people being scared. Once it sets in that there aren't any shortages the price will drop. There will still be long term problems but we won't be faced with 3 dollar oil.
There have been news articles about shortages throughout the northeast.
Mainly due to the switch to ethanol, as the stations have to clean the tanks before the switch.
(which has got to be a very nasty job... maybe we'll use an immigrant to do it? <-- sarc)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.