1 posted on
07/24/2006 10:05:48 AM PDT by
jmc1969
To: jmc1969
It's a good thing Mr. Lugar is around to keep our POTUS informed. I'm sure President Bush hadn't thought of this until Mr. Lugar publicly pointed it out.
What a grandstanding putz.
2 posted on
07/24/2006 10:07:29 AM PDT by
TChris
(Banning DDT wasn't about birds. It was about power.)
To: jmc1969
Maybe Pat Robertson wasn't so nuts after all.
3 posted on
07/24/2006 10:08:20 AM PDT by
Obadiah
(Liberals: Blazingly Stupid!)
To: jmc1969
Let the drilling commence immediately.
4 posted on
07/24/2006 10:08:42 AM PDT by
rhombus
To: jmc1969
I would have thought that contingency plans would have been drawn up long ago. If they haven't, then someone hasn't done their job.
To: jmc1969
This is part of the reason we suck up to awful Mexico and tolerate illegal immigration. Mexico is second largest oil supplier after Canada
6 posted on
07/24/2006 10:09:31 AM PDT by
dennisw
(Confucius say man who go through turnstile sideways going to Bangkok)
To: jmc1969
We are, of course, being held hostage by our very own environmental wacko policies.
7 posted on
07/24/2006 10:09:43 AM PDT by
Obadiah
(Liberals: Blazingly Stupid!)
To: jmc1969
Petroleum is a fungible resource. When one source of supply is diverted to another point, then the other sources that had been selling competitively in the former market, simply step up their deliveries, with scarcely a hiccup in supply.
Unless all oil producers acted in concert, it would be impossible to embargo delivery of petroleum to any given customer.
To: jmc1969
Oil being a fungible commodity, short of an outright halt in production, how could Chavez selectively boycott sales to the US?
Greed is at least as powerful and emotion as hate.
9 posted on
07/24/2006 10:12:19 AM PDT by
IamConservative
(Humility is not thinking less of oneself; humility is thinking about oneself less.)
To: jmc1969
Richard Lugar, chairman of the US Senate foreign relations committee, has urged the Bush administration to adopt specific "contingency plans" for a potential disruption to oil supplies from Venezuela. How did Lugar vote on ANWR??? We should be drilling ANWR like a porn star.
10 posted on
07/24/2006 10:12:44 AM PDT by
Lunatic Fringe
(Man Law: You Poke It, You Own It)
To: jmc1969
Along with that:from Newsmax
Cuba Drills for Oil 60 Miles Off U.S. Coast
With Congress deadlocked over allowing oil drilling in presently restricted areas of the Gulf of Mexico, communist Cuba is already drilling for oil 60 miles off the coast of Florida. Republicans in Congress have tried repeatedly in the past decade to open up the outer continental shelf to exploration. There are an estimated 45 billion barrels in oil reserves and 232 trillion cubic feet of gas reserves in banned drilling areas of the Gulf, and Florida's waters hold the promise of major energy finds.
To: jmc1969
Where will they sell their oil then?...
The world oil market is like a big tank or plenum. Some countries pump it in, others pump it out and pay them money. The basic supply is about constant. So where will Mr. Chavez sell his oil?
--Boris
14 posted on
07/24/2006 10:18:23 AM PDT by
boris
(The deadliest weapon of mass destruction in history is a leftist with a word processor.)
To: jmc1969
Sounds like it may be time for a REGIME CHANGE in Venezuela.
To: jmc1969
At least in the article, Lugar offers NO SOLUTIONS OR SUGGESTIONS, just a demand that President Bush take action.
To: jmc1969
Let's prepare, indeed. Let's prepare by getting off of foriegn oil that can be cut off by our enemies. To not do so is absolutely insane.
31 posted on
07/24/2006 10:35:16 AM PDT by
mysterio
To: jmc1969
Any of a number of things could disrupt the daily commute to the shopping mall.
34 posted on
07/24/2006 10:36:15 AM PDT by
RightWhale
(Repeal the law of the excluded middle)
To: jmc1969
Of course two can play the "nationalizing" game. I say if the Murdering Thug, AKA Chavez, pulls that we then nationalize all Citgo refineries and gas stations. Russian oil is also high sulfur and we can then entice "Vlad the Inhaler" to sell more oil to us.
39 posted on
07/24/2006 10:39:14 AM PDT by
Camel Joe
(liberal=socialist=royalist/imperialist pawn=enemy of Freedom)
To: jmc1969
Whatsamatta, Hugo, are the Americans now boycotting Citgo getting to you?
Pat Robertson ain't so crazy, after all.
41 posted on
07/24/2006 10:39:52 AM PDT by
Darnright
(http://www.irey.com/)
To: jmc1969
The GAO study, commissioned by Mr Lugar, a Republican, estimated that a Venezuelan oil boycott would raise oil prices by $11 (9, £6) per barrel over a six-month period and reduce US economic output by $23bn.23 billion? Out of an 11-trillion-dollar economy??? We'll barely blink, and Mr. Chavez's ignorant move will only hurt him and, unfortunately, his people (lost oil revenues) while helping our oil companies (higher price/bbl) and our shift toward biofuels (ethanol, methanol, butanol, etc.). If he shuts Citgo refineries down in the US, we could interpret it as an act of war and seize the refineries and transfer them to American oil companies for them to use. We will be the ones laughing all the way to the bank.
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