RE: Drill Baby Drill! President Obama opens offshore drilling and exploration (Full Version)

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thishereboi -> RE: Drill Baby Drill! President Obama opens offshore drilling and exploration (3/31/2010 7:37:25 PM)

I think drilling is a good idea. I am glad he is going to do it.

quote:


I was watching the news today when this story broke. Thought about posting it but wanted to see how long it would take for Brain to do it. Glad it was you :)
Thank you so much, lovely lady. I think Brain must be taking a nap and missed this one. I think he is slipping!


Naw, Brain wouldn't post a thread on this link. It doesn't trash republicans or religion. He likes to specialize.




slvemike4u -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 7:39:13 PM)

quote:

ORIGINAL: Sanity


Its the green brigade, mike. Cars are evil, everyone belongs on bicycles or buses.

Global warming is killing the cuddly little polar bear cubs, remember? Or have you already forgotten.

Before that, the wreck of the Exxon Valdez proved that oil companies are evil... 

The bastards even make (gasp!) profits!!!


quote:

ORIGINAL: slvemike4u

Okay Sanity,lets run with this....your point seems to be evil liberal Democrats are stopping us from adopting Sarah(train wreck)Palin's mantra...Drill,Baby Drill....tell us in your own words what nefarious motivation is behind the Democrats reasoning here.You seem to imply in your posts that they(the Democrats) like to see America behind the energy 8-ball so to speak of foreign Oil interests? Is this the point you're driving at?If so explain to me the relationship between Republicans(namely Bush and Cheney) with the Saudis...are they not BFF? If so why are the Dems in cahoots with OPEC ?

So It definitley isn't a case of the Dems being in bed with the Saudis....right.
That is still the sole province of Bush and Co.......right?




Sanity -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 7:41:54 PM)


See my edit above, "You've already made the point for me how Democrats relentlessly attacked W for all of his efforts to make our energy more affordable."

quote:

ORIGINAL: slvemike4u
So It definitley isn't a case of the Dems being in bed with the Saudis....right.
That is still the sole province of Bush and Co.......right?




Marini -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 7:44:39 PM)

mike, ramping up alternative energy and alternative reusable fuel sources,  is included
in President Obama's plan.
 
Drilling for oil on our own shores, is a short term solution, while we focus on alternative energy
solutions for the long term future. 
 
I think the point was to enable us to become a little less dependent of foreign oil sources, while
we work towards effective, efficient, long term alternative energy solutions.




brainiacsub -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 7:50:21 PM)

quote:

ORIGINAL: Sanity


There is more than enough oil here to affect the global supply and demand, but its all locked up and the mantra we keep hearing is that it will take years to develop the new fields. Over twenty years ago the main reason the Democrats used to block development at  ANWR in Alaska was that we wouldn't see a drop of the oil for twenty years.

Well guess what?

Now the mantra seems to be, some of it might go overseas. But so what if it did? We could use a little help (a lot of help actually) with the trade imbalances we're seeing.

And not all of our our untapped, off limits oil fields are offshore, either. 



Have to disagree with you on this one. Any expert worth their salt will tell you that only about 2% of worlds remaining oil reserves are in the US. Obama saw this is a short term solution to our near term energy needs, but I have to agree with MM - this was low hanging fruit to get political support from the Republicans for a broader energy policy.




slvemike4u -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 7:57:28 PM)

quote:

ORIGINAL: Sanity


See my edit above, "You've already made the point for me how Democrats relentlessly attacked W for all of his efforts to make our energy more affordable."

quote:

ORIGINAL: slvemike4u
So It definitley isn't a case of the Dems being in bed with the Saudis....right.
That is still the sole province of Bush and Co.......right?

Don't kid yourself for a minute Sanity...despite you comprehension issues...I made no such point.....just think about this for a minute,how likely is it that I would make a point for you.




rulemylife -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 8:38:29 PM)

quote:

ORIGINAL: Raiikun

He didn't exactly claim there was a shortage did he? Just suggested we ought to increase production.

And since supply *does* have an effect on prices (Recall OPEC threatening to cut production due to falling oil prices?) it's not a wild leap to think that if we increase production/availability here that it might have an effect on price.


Obama's Compromise on Offshore Drilling Pleases Exactly No One - TIME

Conservatives argue that Obama has left too much oil in the ground, but it should be noted that even greatly expanded offshore drilling is unlikely to make much of a dent in U.S. dependence on foreign oil, or to impact gas prices.

Last year the U.S. Energy Information Agency estimated that reversing the former Bush Administration's decision to expand offshore drilling — policies similar to those proposed by Obama — would increase oil prices by $0.11 per barrel in 2020, and $1.33 a barrel in 2030.

Those increases would raise gas prices by less than a tenth of a penny in 2020 and just three cents a gallon by 2030.

Obama acknowledged this in his announcement. "With less than 2% of oil reserves, but more than 20% of world consumption, drilling alone cannot come close to meeting our long-term energy needs," he said.





Thadius -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 8:43:12 PM)


quote:

ORIGINAL: rulemylife

quote:

ORIGINAL: Raiikun

He didn't exactly claim there was a shortage did he? Just suggested we ought to increase production.

And since supply *does* have an effect on prices (Recall OPEC threatening to cut production due to falling oil prices?) it's not a wild leap to think that if we increase production/availability here that it might have an effect on price.


Obama's Compromise on Offshore Drilling Pleases Exactly No One - TIME

Conservatives argue that Obama has left too much oil in the ground, but it should be noted that even greatly expanded offshore drilling is unlikely to make much of a dent in U.S. dependence on foreign oil, or to impact gas prices.

Last year the U.S. Energy Information Agency estimated that reversing the former Bush Administration's decision to expand offshore drilling — policies similar to those proposed by Obama — would increase oil prices by $0.11 per barrel in 2020, and $1.33 a barrel in 2030.

Those increases would raise gas prices by less than a tenth of a penny in 2020 and just three cents a gallon by 2030.

Obama acknowledged this in his announcement. "With less than 2% of oil reserves, but more than 20% of world consumption, drilling alone cannot come close to meeting our long-term energy needs," he said.



The problem is that the figure of 2% is inaccurate. I will agree that drilling alone cannot take care of our LONG term energy needs, but we do have enough oil in the ground to replace 75 years worth of imports. We need nuclear, solar, wind, and bio fuels to feed the beast, and in the short term a few more refineries.

But hell, he is the president and what do the rest of us know?




Marini -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 8:46:44 PM)

quote:

ORIGINAL: brainiacsub

quote:

ORIGINAL: Sanity

There is more than enough oil here to affect the global supply and demand, but its all locked up and the mantra we keep hearing is that it will take years to develop the new fields. Over twenty years ago the main reason the Democrats used to block development at  ANWR in Alaska was that we wouldn't see a drop of the oil for twenty years.

Well guess what?

Now the mantra seems to be, some of it might go overseas. But so what if it did? We could use a little help (a lot of help actually) with the trade imbalances we're seeing.

And not all of our our untapped, off limits oil fields are offshore, either. 


Have to disagree with you on this one. Any expert worth their salt will tell you that only about 2% of worlds remaining oil reserves are in the US. Obama saw this is a short term solution to our near term energy needs, but I have to agree with MM - this was low hanging fruit to get political support from the Republicans for a broader energy policy.


According to Ben Cahill,  who is head of the Petroleum Risk Manager Service at PFC Energy, no one REALLY knows how much oil is "out there" in the waters along the southern Atlantic coastline, the eastern Gulf of Mexico, and parts of Alaska.
 
 http://www.npr.org/templates/story/story.php?storyId=125420245

There are many companies that have been down in the Gulf of Mexico {for years}, obtaining oil and there could be significant reserves in that area.
 
There are also many area's that show great promise, but have either had little to NO exploration  and many area's that show promise are "off limits".
 
So, again I certainly think this is a step in the right direction, and I am very interested what the impact will be with President Obama's lifting the decades-old ban on offshore drilling.

Time will certainly tell, and it is certainly better than taking no action,...{which has been the case for the past 20 years}. [;)] 




Sanity -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 8:47:16 PM)


Yeah popeye, this administration wants to force us out of our cars, but yet we're supposed to believe they're not radical? 

Out here in the West, people need their cars, too.

quote:

ORIGINAL: popeye1250


quote:

ORIGINAL: Sanity



Funny how the Obama administration seems to be of two or three minds about this though:


quote:


Obama Transportation Secretary: ‘This Is the End of Favoring Motorized Transportation at the Expense of Non-Motorized’


On May 21, LaHood told reporters at the National Press Club that the “Partnership for Sustainable Communities’ his department had formed with the Environmental Protection Agency and the Department of Housing—sometimes known as the “livability initiative”--was designed to “coerce” people out of their cars.

...“Some in the highway-supporters motorist groups have been concerned by your livability initiative,” said the moderator at the National Press Club event. “Is this an effort to make driving more torturous and to coerce people out of their cars?”

“It is a way to coerce people out of their cars,” said LaHood.
 
The moderator later asked: “Some conservative groups are wary of the livable communities program, saying it's an example of government intrusion into people's lives. How do you respond?”

“About everything we do around here is government intrusion in people's lives,” said LaHood. “So have at it.”





Another one who thinks it's his job to *dictate* to The People. Oh nice, "Coerce."





Thadius -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 8:47:55 PM)

Oh and before I get asked where I get the 75 year figure... The Congressional Research Service has reported that according to the U.S. Geological Survey and the Minerals Management Service, that we actually have 167 BILLION barrels of recoverable oil.




Musicmystery -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 8:50:02 PM)

Did they run it by the CBO?

[:D]




Marini -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 8:50:35 PM)

quote:

ORIGINAL: Thadius

Oh and before I get asked where I get the 75 year figure... The Congressional Research Service has reported that according to the U.S. Geological Survey and the Minerals Management Service, that we actually have 167 BILLION barrels of recoverable oil.


There are so many lies, and damn lies Thadius.
I refuse to believe the "hype" that there is little oil out there,  we really don't know.
[;)]
Think of the ramifications?  If billions and billions have been there all these years?

Look at the map!  ----> Energy Tomorrow BlogDomestic Energy Archives 
 
 The article above shows "proposed" area's for offshore drilling, and other "domestic energy proposals".
 





Thadius -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 8:53:57 PM)


quote:

ORIGINAL: Musicmystery

Did they run it by the CBO?

[:D]


Where do you think they got the 21 Billion barrel figure from?[:D]




slvemike4u -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 8:58:03 PM)

quote:

ORIGINAL: Marini

mike, ramping up alternative energy and alternative reusable fuel sources,  is included
in President Obama's plan.
 
Drilling for oil on our own shores, is a short term solution, while we focus on alternative energy
solutions for the long term future. 
 
I think the point was to enable us to become a little less dependent of foreign oil sources, while
we work towards effective, efficient, long term alternative energy solutions.
Agreed Marini,my point was directed more towards the Palinophiles....like Sanity who seem to think all we need do is punch enough holes in the earth and all will be good.




Thadius -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 9:03:22 PM)


quote:

ORIGINAL: slvemike4u

quote:

ORIGINAL: Marini

mike, ramping up alternative energy and alternative reusable fuel sources,  is included
in President Obama's plan.
 
Drilling for oil on our own shores, is a short term solution, while we focus on alternative energy
solutions for the long term future. 
 
I think the point was to enable us to become a little less dependent of foreign oil sources, while
we work towards effective, efficient, long term alternative energy solutions.
Agreed Marini,my point was directed more towards the Palinophiles....like Sanity who seem to think all we need do is punch enough holes in the earth and all will be good.

Mike, I think you might be on to something with punching a bunch of holes in the Earth and all being good. Depending on what we fill those holes back up with, or more importantly who... the world just might be savable from the impending floods, droughts, and warming cycles.

Just a thought.[8D]




Vendaval -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 9:05:39 PM)

This is a political compromise. And the oft repeated saying of, "If you try to please everyone, no one will like it", comes to mind.




Thadius -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 9:14:03 PM)


quote:

ORIGINAL: Vendaval

This is a political compromise. And the oft repeated saying of, "If you try to please everyone, no one will like it", comes to mind.

Hiya V,

I heard an interesting interview while I was enjoying the evening breeze. In it the exec described the process they have been going through for the last 2 years to get permits to drill, and all of a sudden today the president has declared the area they were preparing to drill as off limits, which is just going to start the process over. I am not sure as to the truth of the matter, but it made me wonder about the declaration today. I will do some more research over the next couple, while I prepare for this great weekend ahead.

As always,
Thadius




Marini -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 9:15:19 PM)

Please let us know what you discover Thadius, I am sure there is a lot of news forthcoming.
 




Vendaval -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 9:24:46 PM)

Hello Thadius,

Please let us know what you find out. Do you think this could be related to the problems with oil production and transportation in Iraq?



"Iraq’s Civic Infrastructure

Iraq’s civic infrastructure is in a bad state of disrepair and is inadequate. It cannot support the huge work expected in the fast development of the oil fields awarded. Rumaila alone requires 1,200 wells to be drilled. The other nine fields, along with those under EPCs and direct execution, will push the number of required wells to around 8,000.

This workload together with the requirement for a great deal of heavy equipment required for the building of the new oil infrastructure, cannot be borne by the existing roads, bridges and port facilities. Vast amounts of electricity and water will be needed – neither is available. Hospitals, warehouses, services centers and the like are already in short supply of both.

Oil field electricity needs can partially be covered by self-generation and distribution by the oil companies, as the old Iraq Petroleum Company (IPC) did. The resulting costs will be included in the total costs of development contracts, which will be ultimately borne by Iraq. The other electricity requirements must be handled by the Iraqi government, preferably through the private sector. Such works must start in 2010 and will require huge funds, which cannot be covered by the meager oil revenues expected during the first three years. Foreign and local direct investments and soft loans are needed.

Water supply is a very serious problem. The oil companies will undertake water treatment for injection and will process effluent water, but the water they need is very scarce already. It is up to the government to provide the necessary water through restoring the flow from the tributaries to the main Iraqi rivers, increasing the intake at the Turkish and Syrian borders of the Tigris and the Euphrates, as well as carrying out distribution projects and greatly improving the efficiency of water usage in agriculture."

http://www.mees.com/cms/2010/02/a-tentative-forecast-for-iraq%E2%80%99s-oil-production-2010-20/




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