- Mar 14, 2004
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Senate passes bill to open up offshore drilling (limited)
- Thread starter drifter106
- Start date
- Mar 14, 2004
- 1,261
- 57
- 91
well i for one don't expect our dependence on foriegn oil to go away but anything to cut down on the % would help in so many ways. Political as well as economical.
This will do nothing, if you could pump out all of that oil at one time, it would only supply us with 47 days worth. Spread that over 10-20 years and it amounts to jack squat.
It's amusing how the same people who whine about the price of oil are the envirofascists that prevent us from even using the oil we have.
It's amusing how anyone who disagrees with you is a <topic>fascist. If you lived in a coastal area(I'm betting not) and your waterways and fisheries were under threat you might have a different opinion.
Mega dittos to you and your automaton brethren.
I don't understand why everyone bashes the idea of opening new refineries. Last time I checked, we haven't opened a new one in the US for decades and yet our capacity to drill has practically maxed out. We have tons of oil in the US and if you want prices to lower, either stop using it yourself or let's open up some new ones here.
No doubt that the idea of conservation or alternate sources is a good one - but I drive a shittly Toyota Corolla that gets damn good mileage, and I plan on getting a hybrid as my next car. Can everyone else here spouting conservation or the "uselessness" of this bill say the same?
No doubt that the idea of conservation or alternate sources is a good one - but I drive a shittly Toyota Corolla that gets damn good mileage, and I plan on getting a hybrid as my next car. Can everyone else here spouting conservation or the "uselessness" of this bill say the same?
According to the latest news articles, our offshore rigs still have not recouperated from last years hurricane season. 12% of our gulf output is still offline.
Now that there is a threat of a storm brewing in the Gulf region, oil prices have topped $76 per barrel.
Lets say for instance, we become less dependent on foreign, and are importing of foreign oil declines; I still do not think it will matter much. It just gives the government more control over our energy sources, since off shore drilling will be governed by the current administration. And we all know how much they love to have their hands held out and pockets filled.
Now that there is a threat of a storm brewing in the Gulf region, oil prices have topped $76 per barrel.
Lets say for instance, we become less dependent on foreign, and are importing of foreign oil declines; I still do not think it will matter much. It just gives the government more control over our energy sources, since off shore drilling will be governed by the current administration. And we all know how much they love to have their hands held out and pockets filled.
Just as much as a manned flight to the Moon was a pipedream?
If it were made a national priority (like more important that sinking money into Iraq), it could be accomplished.
It might even be more cost effective way to promote democracy than our current actions in the ME.
Of course--now you've got Bushco Oil with even more control over how much to shut down at will (to jack prices up even further).
Those of you who think you're going to see lower prices from more domestic production really need to have your heads examined.
Here's an idea . . . Texas is drying up, Alaska is drying up, and the easy stuff in the Gulf is drying up . . . why don't we 'explore' our oil/natural gas opportunites . . . but leave it for future generations to use?
It's an incompetent Industry on purpose making boatloads of record profits while laughing in all our faces because we let them.
Shame on every U.S. idiot.
Threats: Coasts Back in Big Oil's Crosshairs
"Solutions as simple as making cars go farther on a gallon of gas and as innovative as harnessing the power of the wind and the sun have been completely overlooked by both the Senate and House."
I'm sorry, but is this really their solution to the problem at hand? And where in the world are they pulling all of these facts from? There's like four links in the whole document?
I get about 62 days ( assuming 1.25 billion barrels estimated /20 million barrels a day) but that doesn't count natural gas either.
I have no problem with the oil companies making money, it's the tax breaks and subsidies that kill me. If they are so in the black, why do we have to give them our tax money to enable them to make more money.
We're getting hit twice and that's f'ed.
I don?t understand why people are having such a difficult time comprehending this. 240-370 million total barrels of oil divided by 20 million consumed per day in the U.S. is less than 47 days of consumption (actually more like 12-18). No one is saying that all our oil is going to come exclusively from this area, just that over 10, 20, or 30 years it will be a neglible amount.
That's based on current consumption, and supposedly we won't be able to really get anything out of these areas for another 7 years. Our daily oil consumption increases every year and will undoubtedly be higher than 20 million per day by 2013.
Refineries are not very profitable. Despite what some would have you believe, most companies simply don't want to build them because they don't make very much money. I know what you're thinking, that I'm nuts; that with all that oil money flowing right now, that doesn't make sense. Here's the thing, once oil gets to refineries, it's profits drop off. The refinery has to buy the crude and then sell it for very little margin. Add to that refineries are very expensive and people tend not to like them near their homes. One refinery was planned in Arizona, but now they're having a problem getting a guarantee of oil supply from Mexico.
In addition, yes, we have not built a refinery in over two decades, in fact, we have about half as many as we had back in the 80s. Yet with half as many oil refineries, our peak oil refining capacity is only about two million barrels less than our absolute peak (about 18 million was our peak).
probably because I read the op link.
The bill would open about 8 million acres in the eastern gulf that are now off limits. The federal government estimates the area contains about 1.25 billion barrels of oil and 5.8 trillion cubic feet of natural gas. The oil reserves are roughly equal to those of Wyoming and Oklahoma combined and the natural gas reserves are about six times what the United States imports annually.
Amen
Simply look at today.
They pass legilation saying more open areas to drilling will lower prices and a storm starts to brew and prices go through the roof.
All a bunch oif BS that idiot Americans buy hook line and sinker.
I'm convinced Americans are now the dumbest people on the planet.
Also that second link is a little dubious, New Tech Spy? I like the UV water purifier they are selling, but that site looks like a low rent Sharper Image store to me. Got any links about that LA biggest oil field ever study? Preferably one that isn't funded by Chevron.
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