Here's one "liberal' that has changed his mind about drilling in ANWR.

[techs]

Yes, I have changed my mind.
Go ahead and drill in the ANWR.

Here are the conditions:

First: the oil companies must buy (at market value, no "eminent domain" allowed) land adjacent to the ANWR and give it to the ANWR in an amount equal to 25 percent of the current ANWR.

Two: the oil companies must build an infrastructure that would allow all the oil and gas to be exported to the US in an emergency, though they can sell it anywhere they please if there is no emergency.

Three: the royalties paid the government shall be in a 65-35 split in favor of the govenment, especially since the ANWR presents no unusual drilling challenges due to the great experience drilling in arctic conditions.

Four: any ecological damage to the ANWR will be compensated in cash from a fund set up beforehand by the oil companies and administrated by an arbiter.

Fifth: oil production may begin no sooner than 2030. To coincide with the huge deficits projected in the Social Security system and Medicare system. And the money must be earmarked ONLY for relief of the previoulsy mentioned funds. By 2030 oil, in todays dollars may be 400-500 a barrel providing a huge relief to our retirement situation.

 

[charrison]

I am sure companies will be just lining up to build infrastructure they cant use for another 20+ years....

 

[jpeyton]

We already know the skyrocketing cost of oil has nothing to do with actual supply/demand. Much like the housing boom, it's simply a product of capitalist-driven greed.

I see no reason to tap into ANWR (or our coastlines) at this time until we hit a real supply problem. We should be embarrassed as a country for acting like a drug addict, ready and willing to pawn off our prized possessions the day our dealer decides to raise their prices.

 

[charrison]

Originally posted by: jpeyton
We already know the skyrocketing cost of oil has nothing to do with actual supply/demand. Much like the housing boom, it's simply a product of capitalist-driven greed.

I see no reason to tap into ANWR (or our coastlines) at this time until we hit a real supply problem. We should be embarrassed as a country for acting like a drug addict, ready and willing to pawn off our prized possessions the day our dealer decides to raise their prices.

I partially agree with you. Part of the problem of oil is speculation, but there is without a doubt growing world demand for this resource. There has been more demand for oil than there is supply, so this has also been part of the run up in price. If we are unwilling to tap our own resources, we dont have much right to bitch about high prices when we have to buy resources on the open market.

 

[miketheidiot]

gas is still too cheap

 

[Darwin333]

Originally posted by: miketheidiot
gas is still too cheap

So is food.

 

[ChunkiMunki]

I see no reason to tap into ANWR (or our coastlines) at this time until we hit a real supply problem. We should be embarrassed as a country for acting like a drug addict, ready and willing to pawn off our prized possessions the day our dealer decides to raise their prices.

I agree, even our President says we are addicts, and his solution is to just find more sources for our addiction. What an ass.

 

[BoomerD]

Originally posted by: miketheidiot
gas is still too cheap

I disagree. Anything more than 50 cents per gallon is robbery!


Techs, I'd agree with you, except that I think that American oil belongs to the American people, NOT to the oil companies, and not a single drop of American oil should be exported as long as we import a single drop. We also should not be paying the speculator's costs for American oil. THAT should be taken off the speculation market and priced by its actual cost, NOT by some rape & robbery system designed to make record profits for Big Oil and those who are playing the futures market for pure profit.

Want to expand the American oil drilling? Nationalize the oil industry in this country, take the profit out of it, and make it affordable.
Until that's done, I won't support letting Big Oil get their greedy paws on another barrel of US oil.

 

[Darwin333]

Originally posted by: jpeyton
We already know the skyrocketing cost of oil has nothing to do with actual supply/demand. Much like the housing boom, it's simply a product of capitalist-driven greed.

I see no reason to tap into ANWR (or our coastlines) at this time until we hit a real supply problem. We should be embarrassed as a country for acting like a drug addict, ready and willing to pawn off our prized possessions the day our dealer decides to raise their prices.

Oil in the ground is our most prized possession?

 

[JSt0rm]

here in California the oil companies pull oil out for $5 a barrel and don't pay any local taxes on it. They threatened to pass the tax on to the california consumers if the state does tax them. Its bs

 

[Craig234]

Techs, they don't negotiate with terrorists. The oil will be surrendered, excuse me, liberated, unconditionally.

 

[EagleKeeper]

1) The infrastructure already exists to get the oil to CONUS.
At present though it cost more to ship to the US, than to have imported oil arrive.

2) Why should the company commit to spendinga large chunk of funds when they can not even attempt to recoup costs for 20+ years?

Are you willing to work 20 years for an employer before drawing a paycheck?

 

[ProfJohn]

Originally posted by: Common Courtesy
1) The infrastructure already exists to get the oil to CONUS.
At present though it cost more to ship to the US, than to have imported oil arrive.

2) Why should the company commit to spendinga large chunk of funds when they can not even attempt to recoup costs for 20+ years?

Are you willing to work 20 years for an employer before drawing a paycheck?

Damnit!!!!!

Stop using common sense, especially when talking to liberals, they don't have any.

 

[NeoV]

drilling at new places in ANWR now would take 6-10 years to be available/usable anyway - 20 isn't that much of a stretch

 

[glenn1]

Originally posted by: techs
Yes, I have changed my mind.
Go ahead and drill in the ANWR.

Here are the conditions:

First: the oil companies must buy (at market value, no "eminent domain" allowed) land adjacent to the ANWR and give it to the ANWR in an amount equal to 25 percent of the current ANWR.

Two: the oil companies must build an infrastructure that would allow all the oil and gas to be exported to the US in an emergency, though they can sell it anywhere they please if there is no emergency.

Three: the royalties paid the government shall be in a 65-35 split in favor of the govenment, especially since the ANWR presents no unusual drilling challenges due to the great experience drilling in arctic conditions.

Four: any ecological damage to the ANWR will be compensated in cash from a fund set up beforehand by the oil companies and administrated by an arbiter.

Fifth: oil production may begin no sooner than 2030. To coincide with the huge deficits projected in the Social Security system and Medicare system. And the money must be earmarked ONLY for relief of the previoulsy mentioned funds. By 2030 oil, in todays dollars may be 400-500 a barrel providing a huge relief to our retirement situation.

LOL, I love the change in attitudes from those who were demanding expensive gas and oil as a form of penance for our sins of driving SUVs. Heck, they wore their price targets as a badge of honor ("$5/gal is way too low, make it $12!"). Now those same folks want to feel noble by extending such a magnaimous offer to oil producers. Most ironically, they fancy themselves able to dictate terms to the suppliers. Well, I'm just as happy to see the stuff remain in the ground and see the price continue to rise. Let's see who can hold out for longer with expensive gas.

 

[JSt0rm]

Originally posted by: glenn1
Let's see who can hold out for longer with expensive gas.

Deal. Lets make a pact. If gas prices go down you and I will still pay the current prices and donate that money to soldiers families.

I live in LA.

 

[glenn1]

Originally posted by: JSt0rm01

Originally posted by: glenn1
Let's see who can hold out for longer with expensive gas.

Deal. Lets make a pact. If gas prices go down you and I will still pay the current prices and donate that money to soldiers families.

I live in LA.

So now I'm being challenged in a "who has a bigger e-penis" contest but over charitable contributions, how amusing. So JSt0rm01, do you even know a military family, much less support a military focused charity organization? I'm fortunate to be in a place in life where I can make donations without regard to gas prices, so why wait until they drop? Pick the organization.

 

[JSt0rm]

I think you had the initial challenge but yours didn't involve anyone but yourself. I was just calling you out on it. Ohh, and don't worry you're still a e-penis.

 

[RedChief]

Originally posted by: JSt0rm01
here in California the oil companies pull oil out for $5 a barrel and don't pay any local taxes on it. They threatened to pass the tax on to the california consumers if the state does tax them. Its bs

You really have no clue what your talking about do you?

California crude, due to its low quality goes for 30% less then the market price. Additionally, the price to pump it and ship it is considerably more then $5.

As to the tax, why should a company absorb taxes dictated on it by a state government? Just syaing they shouldnt is not an answer. Of course the oil comps will just stop pumping oil in CA if the taxes become to exp.

 

[marincounty]

Originally posted by: RedChief

Originally posted by: JSt0rm01
here in California the oil companies pull oil out for $5 a barrel and don't pay any local taxes on it. They threatened to pass the tax on to the california consumers if the state does tax them. Its bs

You really have no clue what your talking about do you?

California crude, due to its low quality goes for 30% less then the market price. Additionally, the price to pump it and ship it is considerably more then $5.

As to the tax, why should a company absorb taxes dictated on it by a state government? Just syaing they shouldnt is not an answer. Of course the oil comps will just stop pumping oil in CA if the taxes become to exp.

You aren't getting it, they pay zero dollars in taxes to California. They do pay tax in other states. So if California passed a tax they would quit pumping oil here?

QFT.

 

[wwswimming]

it's inevitable that we'll drill there. the question is, when.

until then, oil in the ground is like money in the bank.

the trick is transferring it to my account.

is it possible for Canada to slant-drill from the Yukon,
into the same pool of oil ?

 

[Darwin333]

Originally posted by: JSt0rm01
here in California the oil companies pull oil out for $5 a barrel and don't pay any local taxes on it. They threatened to pass the tax on to the california consumers if the state does tax them. Its bs

Thats the way it works when you tax a company, they pass it on to the end consumer.

So whats the problem? If you want to tax them then tax them.

Originally posted by: BoomerD

Originally posted by: miketheidiot
gas is still too cheap

I disagree. Anything more than 50 cents per gallon is robbery!


Techs, I'd agree with you, except that I think that American oil belongs to the American people, NOT to the oil companies, and not a single drop of American oil should be exported as long as we import a single drop. We also should not be paying the speculator's costs for American oil. THAT should be taken off the speculation market and priced by its actual cost, NOT by some rape & robbery system designed to make record profits for Big Oil and those who are playing the futures market for pure profit.

Want to expand the American oil drilling? Nationalize the oil industry in this country, take the profit out of it, and make it affordable.
Until that's done, I won't support letting Big Oil get their greedy paws on another barrel of US oil.

Ok... So the oil companies drill for oil in other countries. They pay those countries the royalties. We still buy the oil and they still profit. Brilliant!!