It is Time to Drill for our OWN Oil!!!!!

wilthrill · 06-09-2008, 07:59 AM

OK, right off the bat, pretty much all of us realize that oil is NOT a permanent solution to powering our transportation. Due to the length of the process it takes to make oil combined with our current rate of consumption, if something doesn't change we WILL at some point in the future run out of oil. Whether you think that will happen in ten years or in 500 years is irrelevant to the argument. On our current path, at some point we will run out.

Most of us also realize that even if the miracle car that ran on water or perpetual motion were invented TODAY, it would take YEARS to get a significant number of them on the roads.

Finding a replacement for oil is important and we should be pursuing it more than we are. It is not easy and due to the law of unintended consequences we need to be sure we get it right. The point being we need to do it and it WILL take time!!!!

However, what do we do in the short term?

Even a CHILD should realize that it is not a good idea for a nation to be dependent on the good will of its ENEMIES for it's energy needs. Buying oil from people who want to kill us is not a good idea!!! It gives them LEVERAGE and MONEY to buy the weapons with which they'd kill us!!!

Even a child should realize that CONSERVATION ALONE won't do the trick. Even if we did conserve like crazy (and we should), China, by itself, would offset our reduced demand and prices will still go up. Conservation ALONE is NOT the answer.

So even though we are sitting on extremely LARGE oil reserves we don't drill for our own oil and we don't conserve. Instead we pay billions to our ENEMIES, drive gas hogs and complain about the price of gas.

The folly of this approach was illustrated just last month when the Bush administration begged the Saudis to up production. We won't increase our production. Instead we beg our enemies to increase their's.

IT IS TIME WE AS A NATION ACTUALLY HAD A COHERENT ENERGY POLICY!!!!

One part of that policy would be a "Manhattan Project" style search for new energy. If 50 years ago, in under ten years, we could put a man on the moon, we ought to be able to figure out something other than oil to put in our fuel tanks.

The other part of that policy would be to AGGRESSIVELY drill for our own oil in the short term. It is a national disgrace that no oil refineries have been built in this country in over thirty years.

We have the oil.
We have the technology to safely get that oil in a way that does not harm the environment. Our oil companies are the most technologically advanced and CLEANEST in the world!!!
And we certainly have the need!!!

So, for example, does it make sense that the CLEANEST oil companies in the world can't drill off the coast of Florida but a country using 1950's technology (Cuba) can????? How does it "help" the environment to have the "Flintstones" drilling for oil off our coasts while the companies that ARE actually SAFE can't?

I'm no fan of Big Oil but the reason for high gas prices is not in Exxon's board room. The reason for high gas prices is the United States CONGRESS, specifically DEMOCRATS who are beholden to the dirt people.

It's time Congress got the hell out of the way and became part of the solution instead of being the main reason for the problem!!!!

hellyeah2662 · 06-09-2008, 08:44 AM

Quote:

It's time Congress got the hell out of the way and became part of the solution instead of being the main reason for the problem!!!!

i whole heartedly agree with you as usual congress sits there with there thumb up there aass

buzzincuzzin · 06-09-2008, 06:33 PM

I'm 180 out with y'all. First and foremost,,,,,,, WE'RE THE ARABS!!!!!!!!!!!!!!!. Only one country in the world controls the technology to locate, drill and refine oil. Guess who!!!! W is third generation oil money,,,,, Dick Chaney ran Haliburton(a medium sized oilfield service company until they got a BLANK CHECK to rebuild a third of the middle east) and he hooked the homeboys up after the REPULBICIANS sucked us into an unjustciefided war that was no more than unfinished business of George senior and Donald Rumsfeld. Record profits and record prices every quarter for the last five years and they have the finest accountants in the world trying to hide it and can't. The "use theirs and save ours" policy has been in place from the early seventies. The congressional problem is bought and paid for and the checks come from HOUSTON TEXAS. Russia AND China HAVE THE ONLY REFINERYES IN THE WORLD NOT BULT BY THE US and we sold them the technology.

PITBOSS · 06-09-2008, 07:53 PM

Quote:

It is a national disgrace that no oil refineries have been built in this country in over thirty years.

No point in any new refineries when there's no reserves to justify them...

I'm ready to join up with these guys.
http://ap.google.com/article/ALeqM5i...uEGSwD90SI8G80

wilthrill · 06-10-2008, 08:44 AM

Pitboss you first.
#1 we have VAST reserves of oil IN THIS COUNTRY! ANWAR is the most well known but we have an even bigger one under Wyoming and the Dakotas. We also have VAST amounts of shale which can be converted to oil. We have reserves we just aren't drilling them!

#2 Our current refineries (over thirty years old) are almost always running at almost 100% capacity. For the numerically-challenged this means we have to run ALL of our current refineries to refine the oil we use. If ONE refinery goes offline it causes problems which usually result in price spikes just look at what happened when Katrina took out ONE pipeline. In business it is not a good idea to constantly run your assets at 100% with no backups in place. It is also not a good idea to rely on assets that are THIRTY FUCKING YEARS OLD!! Even if we don't want to drill our oil we need to update our refineries and make sure we have enough online to ignore little "blips" like one refinery or one pipeline going down.

buzzincuzzin,
You confuse innovation and invention with sole ownership. Yes, we developed the technology to find and drill for oil and we are still at the forefront of developing new technology to do so. But we don't have a monopoly on technology that is over fifty years old. For god's sake even the Cubans have the technology and though they got it from us that doesn't mean we own it OR can stop them from using it. They are drilling off the coast of Florida RIGHT NOW! If Big Oil ok'ed that, then they really are some tricky bastards because all of their stooges in congress OPPOSE it!!!!

Furthermore if Big Oil so dominates congress then WHY haven't they been allowed to drill in ANWAR? Big Oil has been begging to drill in ANWAR for over ten years now. If, in fact, Big Oil's public stance (we want to drill in ANWAR) is a smokescreen then it is the DEMOCRATS who are helping them because the Republicans have been trying for ten years to drill in ANWAR and it is the DEMOCRATS who have stopped them.

You speak of Halliburton/Iraq etc in an attempt to blame republicans.

#1 The high price of oil has NOTHING to do with the Iraq war. Iraqi oil is ON THE MARKET! It was not BEFORE the war (you remember that embargo and the FACT that Saddam was using the money from the little bit of oil he was allowed to sell, for "humanitarian" reasons, to pay off the Europeans and Russia). So there is more oil on the market AFTER the Iraq war than there was BEFORE and if we had not gone to war in Iraq the price would still be where it is.

#2 How convenient it is that you guys who hate Halliburton ALWAYS fail to mention Diane Feinstein and her hubby who got BILLIONS in rebuilding contracts to Iraq. Abuse of the bidding process is a Republican AND Democrat problem. Hell, Robert Byrd (D) West Virginia has made a career of it.

Now I agree that something funny is going on with the price of oil. For example, in the past two years the price of a BARREL of oil has doubled but the price of a QUART of motor oil for your car has barely moved at all (in Nashville my motor oil has risen from $1.69/quart to $1.74/quart). That does not make sense.

I'll also agree that the oil companies are using this to their advantage.

But I cannot ignore a body that CONSTANTLY throws up roadblocks and will not even allow the oil companies to drill for OUR OWN OIL. If you are CONSTANTLY limiting the supply of any in-demand good then it's price WILL go up. It is Economics 101 for crying out loud.

For example, let's assume that Goodwill took over the oil business and decided to run it as non-profit. Take away all those evil oil company profits and what would the price of a gallon of gas be? Well Big Oil makes something like 8% profit on a gallon of gas, so you will have reduced the price per gallon by about 28 cents. (If we did the same for Big Gov't, i.e took out the taxes, you'd save anywhere from 50 cents to a dollar depending on what state you live in).

Now let's assume Big Common Sense took over GOVERNMENT and actually allowed drilling. The DAY they announced drilling in ANWAR prices would fall dramatically because the price has been driven up by speculators/futures markets who currently see the United States producing NONE of its own oil.

The point of all of this is that if you had a magic wand and wanted to reduce the price of oil you'd be much better off starting on the government side of the equation because THEY are more to blame for high prices.

I guess it comes down to this. I may not like the way Big Oil hits the pitch but before I can correct them I have to get CONGRESS to quit tying one of Big Oil's arms behind their back before the pitch.

buzzincuzzin · 06-10-2008, 09:46 AM

I'M 59 and while I was getting over my coke habit I worked for Chevron and Haliburton from the gulf to the northern tundra including Wyoming. My take on this is not from newspapers or other press releases but from research and field work I did on behalf of the oil patch. You just think press releases in the music industry are misleading you should see the real pros at work. During the embargo in the seventies I pumped oil back into the ground in TEA POT DOME so it could not be inventoried. The gulf coast and northern Alaska have more oil under them than the mid-east but the decision was made to leave it lay for the most part. Political structures are not run by "good-for-the-people" but on a cash basics. Are they lobbying to drill????? Yes, but maybe 50 wells,,,, not the 50,000 it would take to deplete those reserves within 100 years.

wilthrill · 06-10-2008, 03:11 PM

Well CONGRESS is not letting them drill even those fifty wells!!!!

I mean ANWAR is what 20,000,000 million acres and we are talking about drilling on 1000 of them. And yet CONGRESS still says no?????

If, in fact, Congress is in the pocket of Big Oil then let's flush them out. In the words of Bob Dole, "you know it makes sense, I know it makes sense and the American people know it makes sense" so let's pressure Congress to approve drilling in ANWAR and oppose those in congress who don't whether we believe they are controlled by Big Oil or the dirt people!!!!

buzzincuzzin · 06-10-2008, 03:37 PM

There is no real reason to drill another well anywhere. There is no shortage of oil, in fact there is reduced production and profits are maxed. Political posturing is a daily job that pays well.

PITBOSS · 06-10-2008, 11:16 PM

Quote:

Originally Posted by buzzincuzzin

There is no real reason to drill another well anywhere. There is no shortage of oil, in fact there is reduced production and profits are maxed. Political posturing is a daily job that pays well.

I really hope you're right, and all of this will pass.

ssspert · 06-10-2008, 11:25 PM

Quote:

Originally Posted by buzzincuzzin

There is no real reason to drill another well anywhere. There is no shortage of oil, in fact there is reduced production and profits are maxed. Political posturing is a daily job that pays well.

Thats what they want. More profits with less units sold.
The price of oil is effecting everything down to the shoes on your feet.

Use less.
Grow your own.
Become less reliant on oil.

06-09-2008, 07:59 AM	#1 (permalink)
wilthrill Band Whore Join Date: Dec 2004 Posts: 825 Rep Power: 46	It is Time to Drill for our OWN Oil!!!!! OK, right off the bat, pretty much all of us realize that oil is NOT a permanent solution to powering our transportation. Due to the length of the process it takes to make oil combined with our current rate of consumption, if something doesn't change we WILL at some point in the future run out of oil. Whether you think that will happen in ten years or in 500 years is irrelevant to the argument. On our current path, at some point we will run out. Most of us also realize that even if the miracle car that ran on water or perpetual motion were invented TODAY, it would take YEARS to get a significant number of them on the roads. Finding a replacement for oil is important and we should be pursuing it more than we are. It is not easy and due to the law of unintended consequences we need to be sure we get it right. The point being we need to do it and it WILL take time!!!! However, what do we do in the short term? Even a CHILD should realize that it is not a good idea for a nation to be dependent on the good will of its ENEMIES for it's energy needs. Buying oil from people who want to kill us is not a good idea!!! It gives them LEVERAGE and MONEY to buy the weapons with which they'd kill us!!! Even a child should realize that CONSERVATION ALONE won't do the trick. Even if we did conserve like crazy (and we should), China, by itself, would offset our reduced demand and prices will still go up. Conservation ALONE is NOT the answer. So even though we are sitting on extremely LARGE oil reserves we don't drill for our own oil and we don't conserve. Instead we pay billions to our ENEMIES, drive gas hogs and complain about the price of gas. The folly of this approach was illustrated just last month when the Bush administration begged the Saudis to up production. We won't increase our production. Instead we beg our enemies to increase their's. IT IS TIME WE AS A NATION ACTUALLY HAD A COHERENT ENERGY POLICY!!!! One part of that policy would be a "Manhattan Project" style search for new energy. If 50 years ago, in under ten years, we could put a man on the moon, we ought to be able to figure out something other than oil to put in our fuel tanks. The other part of that policy would be to AGGRESSIVELY drill for our own oil in the short term. It is a national disgrace that no oil refineries have been built in this country in over thirty years. We have the oil. We have the technology to safely get that oil in a way that does not harm the environment. Our oil companies are the most technologically advanced and CLEANEST in the world!!! And we certainly have the need!!! So, for example, does it make sense that the CLEANEST oil companies in the world can't drill off the coast of Florida but a country using 1950's technology (Cuba) can????? How does it "help" the environment to have the "Flintstones" drilling for oil off our coasts while the companies that ARE actually SAFE can't? I'm no fan of Big Oil but the reason for high gas prices is not in Exxon's board room. The reason for high gas prices is the United States CONGRESS, specifically DEMOCRATS who are beholden to the dirt people. It's time Congress got the hell out of the way and became part of the solution instead of being the main reason for the problem!!!!

06-09-2008, 06:33 PM	#3 (permalink)
buzzincuzzin Band Member Band Whore Join Date: Apr 2006 Age: 99 Posts: 384 Rep Power: 29	I'm 180 out with y'all. First and foremost,,,,,,, WE'RE THE ARABS!!!!!!!!!!!!!!!. Only one country in the world controls the technology to locate, drill and refine oil. Guess who!!!! W is third generation oil money,,,,, Dick Chaney ran Haliburton(a medium sized oilfield service company until they got a BLANK CHECK to rebuild a third of the middle east) and he hooked the homeboys up after the REPULBICIANS sucked us into an unjustciefided war that was no more than unfinished business of George senior and Donald Rumsfeld. Record profits and record prices every quarter for the last five years and they have the finest accountants in the world trying to hide it and can't. The "use theirs and save ours" policy has been in place from the early seventies. The congressional problem is bought and paid for and the checks come from HOUSTON TEXAS. Russia AND China HAVE THE ONLY REFINERYES IN THE WORLD NOT BULT BY THE US and we sold them the technology.

06-10-2008, 08:44 AM	#5 (permalink)
wilthrill Band Whore Join Date: Dec 2004 Posts: 825 Rep Power: 46	Pitboss you first. #1 we have VAST reserves of oil IN THIS COUNTRY! ANWAR is the most well known but we have an even bigger one under Wyoming and the Dakotas. We also have VAST amounts of shale which can be converted to oil. We have reserves we just aren't drilling them! #2 Our current refineries (over thirty years old) are almost always running at almost 100% capacity. For the numerically-challenged this means we have to run ALL of our current refineries to refine the oil we use. If ONE refinery goes offline it causes problems which usually result in price spikes just look at what happened when Katrina took out ONE pipeline. In business it is not a good idea to constantly run your assets at 100% with no backups in place. It is also not a good idea to rely on assets that are THIRTY FUCKING YEARS OLD!! Even if we don't want to drill our oil we need to update our refineries and make sure we have enough online to ignore little "blips" like one refinery or one pipeline going down. buzzincuzzin, You confuse innovation and invention with sole ownership. Yes, we developed the technology to find and drill for oil and we are still at the forefront of developing new technology to do so. But we don't have a monopoly on technology that is over fifty years old. For god's sake even the Cubans have the technology and though they got it from us that doesn't mean we own it OR can stop them from using it. They are drilling off the coast of Florida RIGHT NOW! If Big Oil ok'ed that, then they really are some tricky bastards because all of their stooges in congress OPPOSE it!!!! Furthermore if Big Oil so dominates congress then WHY haven't they been allowed to drill in ANWAR? Big Oil has been begging to drill in ANWAR for over ten years now. If, in fact, Big Oil's public stance (we want to drill in ANWAR) is a smokescreen then it is the DEMOCRATS who are helping them because the Republicans have been trying for ten years to drill in ANWAR and it is the DEMOCRATS who have stopped them. You speak of Halliburton/Iraq etc in an attempt to blame republicans. #1 The high price of oil has NOTHING to do with the Iraq war. Iraqi oil is ON THE MARKET! It was not BEFORE the war (you remember that embargo and the FACT that Saddam was using the money from the little bit of oil he was allowed to sell, for "humanitarian" reasons, to pay off the Europeans and Russia). So there is more oil on the market AFTER the Iraq war than there was BEFORE and if we had not gone to war in Iraq the price would still be where it is. #2 How convenient it is that you guys who hate Halliburton ALWAYS fail to mention Diane Feinstein and her hubby who got BILLIONS in rebuilding contracts to Iraq. Abuse of the bidding process is a Republican AND Democrat problem. Hell, Robert Byrd (D) West Virginia has made a career of it. Now I agree that something funny is going on with the price of oil. For example, in the past two years the price of a BARREL of oil has doubled but the price of a QUART of motor oil for your car has barely moved at all (in Nashville my motor oil has risen from $1.69/quart to $1.74/quart). That does not make sense. I'll also agree that the oil companies are using this to their advantage. But I cannot ignore a body that CONSTANTLY throws up roadblocks and will not even allow the oil companies to drill for OUR OWN OIL. If you are CONSTANTLY limiting the supply of any in-demand good then it's price WILL go up. It is Economics 101 for crying out loud. For example, let's assume that Goodwill took over the oil business and decided to run it as non-profit. Take away all those evil oil company profits and what would the price of a gallon of gas be? Well Big Oil makes something like 8% profit on a gallon of gas, so you will have reduced the price per gallon by about 28 cents. (If we did the same for Big Gov't, i.e took out the taxes, you'd save anywhere from 50 cents to a dollar depending on what state you live in). Now let's assume Big Common Sense took over GOVERNMENT and actually allowed drilling. The DAY they announced drilling in ANWAR prices would fall dramatically because the price has been driven up by speculators/futures markets who currently see the United States producing NONE of its own oil. The point of all of this is that if you had a magic wand and wanted to reduce the price of oil you'd be much better off starting on the government side of the equation because THEY are more to blame for high prices. I guess it comes down to this. I may not like the way Big Oil hits the pitch but before I can correct them I have to get CONGRESS to quit tying one of Big Oil's arms behind their back before the pitch.

06-10-2008, 09:46 AM	#6 (permalink)
buzzincuzzin Band Member Band Whore Join Date: Apr 2006 Age: 99 Posts: 384 Rep Power: 29	I'M 59 and while I was getting over my coke habit I worked for Chevron and Haliburton from the gulf to the northern tundra including Wyoming. My take on this is not from newspapers or other press releases but from research and field work I did on behalf of the oil patch. You just think press releases in the music industry are misleading you should see the real pros at work. During the embargo in the seventies I pumped oil back into the ground in TEA POT DOME so it could not be inventoried. The gulf coast and northern Alaska have more oil under them than the mid-east but the decision was made to leave it lay for the most part. Political structures are not run by "good-for-the-people" but on a cash basics. Are they lobbying to drill????? Yes, but maybe 50 wells,,,, not the 50,000 it would take to deplete those reserves within 100 years.

06-10-2008, 03:11 PM	#7 (permalink)
wilthrill Band Whore Join Date: Dec 2004 Posts: 825 Rep Power: 46	Well CONGRESS is not letting them drill even those fifty wells!!!! I mean ANWAR is what 20,000,000 million acres and we are talking about drilling on 1000 of them. And yet CONGRESS still says no????? If, in fact, Congress is in the pocket of Big Oil then let's flush them out. In the words of Bob Dole, "you know it makes sense, I know it makes sense and the American people know it makes sense" so let's pressure Congress to approve drilling in ANWAR and oppose those in congress who don't whether we believe they are controlled by Big Oil or the dirt people!!!!

06-10-2008, 03:37 PM	#8 (permalink)
buzzincuzzin Band Member Band Whore Join Date: Apr 2006 Age: 99 Posts: 384 Rep Power: 29	There is no real reason to drill another well anywhere. There is no shortage of oil, in fact there is reduced production and profits are maxed. Political posturing is a daily job that pays well.