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

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Thadius -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 9:28:34 PM)

V,

It might have something to do with that. There is also rumor of a possible blockade over the whole Iranian situation. Perhaps, both of these things have helped the administration to preemptively quell the speculation. It will be interesting to find out what the long and short of this is.

I wish you well,
Thadius




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

That's a distinct possibility. There is more going on behind the scenes than we are aware of for sure.




Marini -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 9:38:54 PM)

quote:

ORIGINAL: Vendaval

That's a distinct possibility. There is more going on behind the scenes than we are aware of for sure.


There is always a lot more going on, than we will ever know.
That is the case in pretty much every situation.
Raise your hand if you trust "the government" or fully trust "the man", and I don't care who "the man" is.
 
I like and respect President Obama a great deal, I am glad I voted for him.
I said, BEFORE he was elected and after, I would not put my complete faith and trust in ANY elected official.
It is like being in charge of a den of thieves, I don't care how nice a person you are, you are still in a den of thieves.
My new analogy is President Obama was elected President, and America is the Titanic.

I don't care who you are, if you become Captain of a ship that is in the process of sinking, good luck!
I think President Obama should also start digging for a magic lantern and maybe start sending ships out to search for buried treasure.
[;)]


Though I am fairly certain, we are still on the road to deep, long, and serious Depression, even a glimmer of hope is nice to see.

I will tell you something else, at the rate this country is going, people need to PRAY we start seriously drilling for oil, and pray we find a lot of it.
In fact, maybe we need to start drilling for gold and anything else of value, we can come up with.
Hell, start looking around for lucky charms, too.
 

America is on a slippery slope, and free falling, so I will keep hoping we sure the hell dig something up we can use.




slvemike4u -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 10:17:47 PM)

Sanity please regale us all with what proof,if any,you have to support your claim that "this administration wants to force us out of our cars".
When will you learn that you can not make up such outlandish and unsubstantiated fiction and go unchallenged ?




TheHeretic -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 10:27:08 PM)

The only thing he's opened up here is fat new can of stimulus for environmentalist whacko lawyers.




slvemike4u -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 11:01:12 PM)

What the fuck Rich....times are tough,even for "enviormentalist whacko lawyers" [:D].




MrRodgers -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 11:29:37 PM)

quote:

ORIGINAL: Thadius

IF we take your position as fact, that there is no shortage and hasn't been. The only logical way to look at it would be that any oil that is found here, would keep us from buying or importing that ammount of oil. Which would be good for our economy (oil workers getting jobs), good for the environment (don't need those huge tankers traveling as far as they do), and good for the world as we won't be putting the money in the hands of folks that don't like us.

You still didn't address the fact that there have in fact been times in the last 5 years when gasoline wasn't available in parts of the country, and that is mainly due to the bottleneck caused by the different blends that various states and regions require by law.

Those are called spot shortages.

There weren't any world oil supply problems anywhere near as reflected in the rise in prices. Oil is priced on the world market only. All commodities world wide via markets in speculation also world wide...it is speculation that determines their price. Most speculation centers around large disruptions in supply and rarely on govt. pronouncements...or OPEC. OPEC tries not to spur speculation on their decisions by not moving production too far one way or the other.

Any oil anywhere only adds to the world market and is sold anywhere they can get market price. Alaskan oil is sold to Japan. Some of this oil will I am sure, go to Chile as there is high demand there now. BTW, this does almost nothing for world supply as the entire US inventory of proven reserves, total 3% of the world market. It will take years for BP to get Iraq at full capacity and there might be a gradual easing then.

What brought oil up to $140+/bbl. was first speculation then a herd mentality where today's money is chasing yesterdays. Add in big corporate hedging and in 6 mos., it was up 1400% over the previous year before it ended. The trick is not to be the last buyer of any futures. Once it lost investors love...down it came.




popeye1250 -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (3/31/2010 11:57:08 PM)

Or, we could simply start buying oil from Brazil.
Last year they discovered two enourmous oil reserves off of their coast. And, they don't seem to have any problems with "permits" or any of that nonsense.
Their govt just says go out and drill and they're out there in two weeks not two years.
I though I read somewhere that one of those deposits was as big as the Eastern U.S.
Anyone know anything about that?




Musicmystery -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (4/1/2010 12:14:39 AM)

Popeye,

The Obama administration is ahead of you. From August 2009:

The U.S. is going to lend billions of dollars to Brazil's state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery in Brazil's Tupi oil field in the Santos Basin near Rio de Janeiro. Brazil's planning minister confirmed that White House National Security Adviser James Jones met this month with Brazilian officials to talk about the loan.

The U.S. Export-Import Bank tells us it has issued a "preliminary commitment" letter to Petrobras in the amount of $2 billion and has discussed with Brazil the possibility of increasing that amount. Ex-Im Bank says it has not decided whether the money will come in the form of a direct loan or loan guarantees. Either way, this corporate foreign aid may strike some readers as odd, given that the U.S. Treasury seems desperate for cash and Petrobras is one of the largest corporations in the Americas.

But look on the bright side. If President Obama has embraced offshore drilling in Brazil, why not in the old U.S.A.? The land of the sorta free and the home of the heavily indebted has enormous offshore oil deposits, and last year ahead of the November elections, with gasoline at $4 a gallon, Congress let a ban on offshore drilling expire.

http://online.wsj.com/article/SB10001424052970203863204574346610120524166.html




Sanity -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (4/1/2010 4:02:35 AM)



Obama is a palinophile too. Not only has he come around to her drill baby drill way of thinking, he's even warming up to the Tea Party a little bit.

Join us...



[img]http://api.ning.com/files/I0fvYV0V5N5Bx6Wfx7qGC6ZhCHgQqYf-5BX1L3rnPQM_/zombies1024.jpg[/img]



[sm=lol.gif]



quote:

ORIGINAL: slvemike4u 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.




Sanity -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (4/1/2010 4:37:12 AM)


I bet you were a "D" student, tops - because I attached the news article that I was referencing to the post that you're trying to question.


quote:

ORIGINAL: slvemike4u

Sanity please regale us all with what proof,if any,you have to support your claim that "this administration wants to force us out of our cars".
When will you learn that you can not make up such outlandish and unsubstantiated fiction and go unchallenged ?




pahunkboy -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (4/1/2010 6:46:01 AM)

fake azz people.

PROVE it~!

Buy nothing that came into being via oil.   Nothing.    Vote with your wallet.




brainiacsub -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (4/1/2010 6:52:57 AM)


quote:

ORIGINAL: Vendaval

That's a distinct possibility. There is more going on behind the scenes than we are aware of for sure.

I agree that there are many things being discussed in the Presidential briefings that are kept from the public, but to focus on these things is missing the forest for the trees. Consider the big picture for a moment. The real issue is the ideological differences in policy between Obama and just about everyone else before him. Obama campaigned on a platform of developing a comprehensive energy policy that included measures for decreasing our dependency on foreign oil. He has always stated that this was a national security issue, not an environmental or an economic one (although it can be argued that economic prosperity and national security are linked). Past administrations have taken the position that the market should drive energy policy, and that our national security should fall under the domain of the military. So we have spent trillions of dollars for nation building, peace keeping, waging war, weapons systems, covert operations, etc., to protect our economic interests in foreign oil. Obama sees the futility in this strategy, so he is showing leadership in proposing that government should play an active role in developing and adopting alternative energy sources as well as being willing to break with his own party to support nuclear energy and increased drilling on our own soil because it is the right thing to do. That he understands that there may be some short term pain and sacrifice (such as carbon taxing) in order to achieve the long term goal is a quality we have not seen in our elected officials for many, many decades.




rulemylife -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (4/1/2010 8:25:39 AM)

quote:

ORIGINAL: TheHeretic

The only thing he's opened up here is fat new can of stimulus for environmentalist whacko lawyers.


Yeah, that whole environment thing just sucks.

I mean who really cares about that namby-pamby liberal stuff as long as we have enough gas for our Hummers?




rulemylife -> RE: Drill Baby Drill! President Obama opens offshore drilling and exploration (4/1/2010 8:52:00 AM)

quote:

ORIGINAL: brainiacsub

He even campaigned on this very issue and said that he would open up drilling along our coasts.


No, he didn't.  He campaigned against it.


Obama: Offshore Drilling Won't Provide Short Term Relief

Monday, July 14th 2008

The campaign of Democratic presidential candidate Barack Obama quickly put out a statement in response to President Bush’s lifting of the executive offshore drilling ban.

“If offshore drilling would provide short-term relief at the pump or a long-term strategy for energy independence, it would be worthy of our consideration, regardless of the risks. But most experts, even within the Bush Administration, concede it would do neither. It would merely prolong the failed energy policies we have seen from Washington for thirty years,” Obama campaign spokesman Bill Burton said.







xBullx -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (4/1/2010 8:57:28 AM)


quote:

ORIGINAL: rulemylife


I mean who really cares about that namby-pamby liberal stuff as long as we have enough gas for our Hummers?



You have a Hummer?




rulemylife -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (4/1/2010 9:03:24 AM)

quote:

ORIGINAL: xBullx

You have a Hummer?


No but I would like one, at least once a day.  Maybe twice.






mnottertail -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (4/1/2010 9:07:48 AM)

Hell, I wouldn't get outta bed for only twice a day.

This drilling opening pisses me the fuck off. Use the leases they already got. I would rather that stays in the ground for many more years to come, until the real and actual shortage comes.

Ron




cuckoldmepls -> RE: Drill Baby Drill! President Obama opens offshore drilling and exploration (4/1/2010 9:18:22 AM)

Like every agency or program the Democrats have created, the energy department which was created by Carter has failed miserably. It costs us billions of dollars annually to run, and it has done nothing but prevent us from becoming energy independent. The democrats have blocked all new nuclear power plants over the past 30 years, allowed unlimited Immigration, and prevented drilling in so called pristine areas. There is no possible way to become energy independent without restricting our population growth, and the easiest way to do that is to restrict Immigration, enforce our immigration laws, and let the states have handle their own energy policies.

This latest about face by Obama is nothing but an attempt to reinvent himself, and his party after their disastrous health care legislation was forced down America's throats. They control the media, but we control the internet and although our medium is slower to respond, we will get the full message out on their health care package. For example, Senator Coburn tried to amend it to include preventing sex offenders from receiving insurance provided viagra. The democrats shot it down along with 12 other amendments that would have improved it. Thee was also about 150 house members who were willing to pass this when it included Illegal Immigration, and abortion. I would estimate at least half of those members will be gone in the next two elections.

As to the person who raised their hand in this forum, and proudly said they voted for Obama. Well you voted for a mass murderer my friend. When he reversed Bush's policy and authorized overseas funds for family planning that does abortions, he officially became a mass murderer. when he tried to include it in the health care package, he just confirmed he was a mass murderer. Therefore, if you voted for him or support him in any way, you are a mass murderer. God isn't going to let off the hook wen you say you weren't responsible. Trust me on that.

Here's an excellent expose on the energy department.
http://babelishere.webs.com/health.html

Remember, all democratic plans start out small and affordable, but over the decades they quickly escalate into out of control, useless government bureaucracy that sucks the life out of the American taxpayer.




rulemylife -> RE: Drill Baby ! President Obama opens offshore drilling and exploration (4/1/2010 9:19:02 AM)

quote:

ORIGINAL: mnottertail

Hell, I wouldn't get outta bed for only twice a day.

This drilling opening pisses me the fuck off. Use the leases they already got. I would rather that stays in the ground for many more years to come, until the real and actual shortage comes.

Ron


The problem is the potential oil output is small, by Obama's own words, and the environmental danger is not worth doing this.




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