So why are Dems against oil drilling and exploration (Full Version)

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cyberdude611 -> So why are Dems against oil drilling and exploration (6/18/2008 3:16:02 PM)

The Democrats have been screaming for the past several years about how America is addicted to foreign oil. Remember Hillary's line? "We borrow money from the Chinese to buy oil from the Saudis."

So the GOP wants to increase domestic production, exploration, and build more refineries. And the Democrats are blocking it.

Sorry but conservation is not going to work. People are not going to stop driving their cars because in America our infrastructure is not designed for public transportation or riding a bike. People travel 10, 20, or even 30 miles to and from work or school every day.

And we are not saving the environment. What difference does it make if we drill a hole in our ground or we pay other coutries to drill holes in their ground? Either way the environment is being hurt. So that arguement is a no-go as well. Renewable energy? OK but it will take decades to make that a reality. People dont have money to trade in their cars (which will now be worth pennies) to buy a 25k Toyota Prius which alrady has a 12 month waiting list or a Smart car which has a 24-month waiting list. And what about the airlines? They are getting killed by rising fuel costs.

Oil and gas will not decrease unless we increase supply. And we can only do that if we drill the oil ourselves and increase refining capacity. It's basic economics. If you increase supply, prices will fall.



thornhappy -> RE: So why are Dems against oil drilling and exploration (6/18/2008 3:27:05 PM)

Truthfully, why do you care what Democrats think?  You're not a Democrat, and if I remember, you're not fond of Republicans either. 

thornhappy



cyberdude611 -> RE: So why are Dems against oil drilling and exploration (6/18/2008 3:29:42 PM)

Because Democrats control the congress and might control the white house. What they think is going to effect everyone for years to come.



MusicalBoredom -> RE: So why are Dems against oil drilling and exploration (6/18/2008 3:33:10 PM)

From another thread I posted:
quote:


I own mineral rights in 2 states and the oil companies don't want to kick exploration into high gear yet.  I get letters every other week saying they are "thinking" about it.  There is no environmental restrictions on any of the land other than "clean your mess when you finish" which has been the policy since they started drilling.  Why would they want to drill now and lower their profit when they have more than enough to sell as is.  If they produce more and drive down the price they have effectivly thrown money away.  Now I absolutely HATE that policy but that's what a "quarterly profit is king" mentality gets you.

I'm a "liberal" whatever that means but I don't think I have ever said that there should be no drilling.  I don't think that private companies should profit from land owned by the US citizens but that's another topic.  There are plenty of viable oil fields in the US where it is cleared for drilling and nobody but the oil companies themselves are stopping it.






NewJustlookin -> RE: So why are Dems against oil drilling and exploration (6/18/2008 3:40:33 PM)

Well I'm just pointing a fact here, but The reason their not drilling is because of location. (National Wildlife Refuge) and somewhere off the coast of Pacific Ocean ( Do not quote me on Pacific Ocean I"m not 100% sure).  I don't deny that I wish they would find another spot but not a National Wildlife spot, But also they are interested in the long term affect. If we did what would happen to the wildlife. Like Cyberdude said their thinking long term affect. So while it might help us now, could possiable screw us in the long term. 
Also not that it would really matter on borrowing oil from other countries isn't a bad idea since our USe already in a huge debt so why not just jack up the debt even more. But I'm not sure how that would affect us even more.
And yes the buying or making Hybrid isn't help either since they such a high demand and if your buying one your just paying the gas bill in the long run. It's just not gas, it's the purchase of the car.



DomKen -> RE: So why are Dems against oil drilling and exploration (6/18/2008 4:04:27 PM)

Like I pointed out in the other thread trying to make hay based on GWB's lies, there are proven capped fields on dry land in the US which could be up and pumpin in much less time than it would take to begin drilling offshore. Now why isn't there a west Texas oil boom? Where's the scramble to reopen the fields in Mississippi and Loiusiana? The field in Pennsylvania might be economical at these prices.

Unless this is all a scam by the oil trust to get all the money they can before GWB is out of office and they have to start obeying the laws again.



cyberdude611 -> RE: So why are Dems against oil drilling and exploration (6/18/2008 4:07:33 PM)

So I guess you are under the belief that when Barack Obama is elected, gas prices are going to plummit?

LOL!!



DomKen -> RE: So why are Dems against oil drilling and exploration (6/18/2008 4:23:46 PM)

quote:

ORIGINAL: cyberdude611

So I guess you are under the belief that when Barack Obama is elected, gas prices are going to plummit?

LOL!!

I've got over a $1000 in bets to that effect. Mostly for the price on June 1 2009 being below $3 a gallon if Senator Obama wins.

If I had any reason to think you were trustworthy I'd offer to bet you as well.



Irishknight -> RE: So why are Dems against oil drilling and exploration (6/18/2008 4:31:24 PM)

I am thinking that the gas prices will do the same thing no matter who gets elected.  Democrat or Republican, they all kiss the golden cow of the oil companies.



cyberdude611 -> RE: So why are Dems against oil drilling and exploration (6/18/2008 4:31:34 PM)

Obama wants to tax oil companies....exactly how is that supposed to reduce prices?

This Democrat congress has had oil execs testify several times....nothing ever comes of it.

NOTHING is going to change.



TermsConditions -> RE: So why are Dems against oil drilling and exploration (6/18/2008 4:33:02 PM)

I think it's a great idea to use everyone else's oil first. Is the US sitting on 25% of the world's available oil? Great. Sit on it till it's 100% of the world's available oil.



Irishknight -> RE: So why are Dems against oil drilling and exploration (6/18/2008 4:36:55 PM)

quote:

ORIGINAL: TermsConditions

I think it's a great idea to use everyone else's oil first. Is the US sitting on 25% of the world's available oil? Great. Sit on it till it's 100% of the world's available oil.

Maybe that is the idea.  At least I can respect that idea.



subrob1967 -> RE: So why are Dems against oil drilling and exploration (6/18/2008 4:37:00 PM)

Oil will fall back to the $50 to $70 per barrel range soon, the price spike is due to the Enron loophole (Thanks Mr Clinton) and soon the price run up will end, and the speculators will have made their money, and ride off to their tropical island of choice.

It will have nothing to do with Bush, McCain, or Obama



MusicalBoredom -> RE: So why are Dems against oil drilling and exploration (6/18/2008 4:40:04 PM)

quote:

ORIGINAL: TermsConditions

I think it's a great idea to use everyone else's oil first. Is the US sitting on 25% of the world's available oil? Great. Sit on it till it's 100% of the world's available oil.


I've heard this argument before.  It's true in a national control and corporate profit sense but really puts the burden of that control and profit on the citizens of the US and the world.  There are plenty of people that say "So what" but that's more or personal values thing. 

I really don't think that values are right or wrong but I tend to hold very tightly to the ones I have just as people who have different ones hold onto theirs.



cyberdude611 -> RE: So why are Dems against oil drilling and exploration (6/18/2008 4:41:51 PM)

Exxon does not control the world oil market.

OPEC is a much bigger factor with oil prices. They control nearly half of the world's oil supply. And we have absolutely no influence in that organization because we are so dependent on foreign oil. OPEC wont give a damn what Obama or the Democrats say. They dont even give a damn what Bush says. Those OPEC countries are making unbelievable amounts of money right now. Why would they change that? Because Obama can talk good?



pahunkboy -> RE: So why are Dems against oil drilling and exploration (6/18/2008 4:47:56 PM)

--fees for coastal drilling are no where near the incentive of instate.  once  such fee is standardized/adjusted, then the pay off to the state residents will be enough to allow drilling.   for now the $ is not there. [to the state resisdents who lease ocean drillin off coast]



Archer -> RE: So why are Dems against oil drilling and exploration (6/18/2008 4:48:01 PM)

Capped oil field are usually capped because the at the time current technology can't get the oilout of the ground in a cost effective manner.
The difference between easy oil and hard oil. Hippie kinkster can back that up to a great extent. There is oil in many plaes that simply hasnt been feasible to get at untl the price gets up a bit. I remember when Texas fields were capped back in the 90's when oil dropped bellow 29/ barrel thy beame economicly infeasable and the Texas state budget was hit hard. Stories abound in the news talking about just that fact. Hard Oil oil that is trapped in the ormation and can only e recovered with expensive technology.

So before claming they are profiteering (which may have somne truth but is certainly not the entire story) lets look at thspecific fields you are claiming can e up and running so quickly and what level of tech is erquired to get it out.



cyberdude611 -> RE: So why are Dems against oil drilling and exploration (6/18/2008 4:54:28 PM)

quote:

ORIGINAL: DomKen

quote:

ORIGINAL: cyberdude611

So I guess you are under the belief that when Barack Obama is elected, gas prices are going to plummit?

LOL!!

I've got over a $1000 in bets to that effect. Mostly for the price on June 1 2009 being below $3 a gallon if Senator Obama wins.

If I had any reason to think you were trustworthy I'd offer to bet you as well.


You are going to lose a lot of money. In order for gas to get below $3 a gallon, oil would have to drop below $60 a barrel. That's not going to happen because demand is simply way too high with China and India now soaking up enormous amounts of oil. $80 a barrel or so is probably the bottom now. Even OPEC says that is where it should be.



MusicalBoredom -> RE: So why are Dems against oil drilling and exploration (6/18/2008 4:56:24 PM)

I don't think oil companies are profiteering.  I think they are being pragmatic in a business sense.  In the cases or two wells where I had leases, everything pumped until the wells needed reworking.  The geologists' reports showed there is still oil and they renewed the lease but said they would rework when it made financial sense.  I don't fault that at all.  It is certainly financially feasible now.  I'm a small business owner and I have to make decisions based on short and long term profit all of the time.  I do not think they drove the drive of oil up but if I were in their shoes I don't think I would be making changes when I didn't have to that would increase my expenses and lower my profits.



popeye1250 -> RE: So why are Dems against oil drilling and exploration (6/18/2008 5:03:46 PM)

On the Lou Dobbs Show they reported that the Energy Dept says that there are; "86 Billion barrels of oil and 250 Trillion cubic feet of natural gas off the continental shelf."

Musical, have the oil cos expenses gone up 100% from $2 per gallon to $4 per gal?
I though they were getting "more efficient" like they tell us in their ads?



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