fbear writes: Friday, July, 18, 2008 7:58 PM Arch, you're an embarrassment If I were conservative, I would be embarrassed to have you on the same side. You incapable of an actual argument--you're only weapon is name-calling.
Arch says"
fbear. I have all the ammo I need to debate you silly libtards. It is called world history and is not disputable. You on the other hand wallow in revision, fantasy, and spin and have yet to vindicate your leftism because it is pure evil towards humanity as history has proven many times over. Yet here you are posting libtard talking points that I have read over and over and see smash mouthed over and over by conservatives here and elsewhere. Your ideology stinks and reeks of human suffering and death. To advocate more of the same is not normal human behavior. Conservatives throughout history have had to clean up your leftist messes time and time again, yet you still insist on poo pooing another diaper! What is with you people? |
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If I were conservative, I would be embarrassed to have you on the same side. You incapable of an actual argument--you're only weapon is name-calling.
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fbear writes: Friday, July, 18, 2008 9:10 AM Lost Cause is nuclear power.
Otherwise, it wouldn't need the huge subsidies, including the liability limit. If it's so safe, why aren't plant owners and insurance companies willing to take full financial responsibility if there's a problem?
arch says"
Did you ever think about the free reign that the libtards have allowed the trial lawyers to rape money from the insurance companies and others who aspire to earn money and create wealth for our nation? Those suckers would be up and running if it weren't for the libtard trial lawyers waiting to sue the money away from the deep pockets. Libtards are certainly to blame in this case.
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is nuclear power.
Otherwise, it wouldn't need the huge subsidies, including the liability limit. If it's so safe, why aren't plant owners and insurance companies willing to take full financial responsibility if there's a problem? |
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fbear writes: Thursday, July, 17, 2008 8:23 PM Jimmy Carter It's funny, for all of Hugh's fuming about the Democratic Congress doing nothing about the energy situation, he hasn't had a single word of praise for the one President who actually tried to do something about the energy situation, Jimmy Carter.
Nor has there been a single word of condemnation for the President who succeeded him, and in one of his first acts removed the solar panels from the White House and eliminated funding for solar research.
Arch says"
No fbear. Jimmy Carter presided over the most impotent act of being a leader ever in the history of the U.S. presidents. His attempts at rectifying the energy crisis led to failure and created a measurement called the misery index which measured the misery of the American citizens as he had created such an assault on liberty and freedom by the big government he sought to grow. His feeble cowerdice in the face of the Iranian revolution and hostage taking has led to the state of affairs concerning them now. You are a fool to heap praise upon such a loser of the time. Reagan did just what a logical thinking man should do when he threw out the failed symbol of the lost cause Jimmy Carter's solar panels. Don't you think there would be millionaires selling everyone solar panels if it were truly an energy to cost Positive? |
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It's funny, for all of Hugh's fuming about the Democratic Congress doing nothing about the energy situation, he hasn't had a single word of praise for the one President who actually tried to do something about the energy situation, Jimmy Carter.
Nor has there been a single word of condemnation for the President who succeeded him, and in one of his first acts removed the solar panels from the White House and eliminated funding for solar research. |
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"Hugh's graph is an average of the monthly price of gasoline. "
No, Hugh's graph is a straight line between starting points and ending points.
And the main point is, with no evidence of any causative actions by the Democratic Congress, and a deceptive graph that he has not acknowledged, Hugh is intellectually dishonest.
But it's clear from postings here that the right is not interested in intellectual honesty. |
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The democratic party is full of Eco-nuts who think that drilling is horrible for the environment. But not drilling were letting OPEC control us. We have 3 times the Saudi reserve off the coast of the USA and we should get it before China and some other nation do. Oil is at $4!! HOW MUCH AND WE SUFFER BEFORE DEMOCRATS CAN GET IT. DRILL HERE DRILL NOW PAY LESS! we have to drill so the Islamic nuts in the middle east take any more money from us. OPEC is acting like the British empire and were her colonies once more. DECLARE OUR INDEPENDENCE AND FREE OURSELVES FROM THE ISLAMIC NUTS OF OPEC!! im just an bitter American who clings to hs gun and religion delivering this message to anyone who wants to hear. |
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fbear writes: Thursday, July, 17, 2008 9:42 AM Hugh's graph Sorry, arch, but Hugh's graph is bogus. It leaves out the spikes in gas prices before the Democratic Party took control of Congress, and it also says absolutely nothing about cause-and-effect.
You do know that correlation does not necessarily imply causation, don't you?
On May 30, 2005, the average price of Regular was $205.1. On September 5, 2005 it had spiked to $303.7. The Republicans were firmly in control of Congress. That's nearly a 50% increase in just over three months.
Arch says"
fbear. Hugh's graph is an average of the monthly price of gasoline. As the mean of all the spikes and valleys, it need not show every jump or dive but the average route to the extreme of the libtard Pelosi-Reid congress. It brilliantly displays the correlation between the libtard congress and huge spike in gas prices. You are correct to assert that cause is not necessarily due to correlation yet we all know better in this case now don't we fbear? |
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Salty: Will try to find that information, which contradicts everything I've read concerning fission reactors in the USA. If the waste problem is solveable, then I'm for stepping up nuclear power. I've noted before that I represent unionized employees at two California reactors (Operating Engineers at San Onofre and Diablo Canyon) and have full confidence in the safety of these plants.
Erin: Fair enough. My point is there is blame to go around, with which you seem to agree. The Dems in Congress are now pushing a bill to compel more aggressive leasing of lands where drilling is now permissible, including the Alaska National Petroleum Reserve (NPR-A), which adjoins ANWR. Frankly it's not enough, but at least it's a start.
I don't know what it will take to actually move the debate on ANWR itself; frankly it has become a symbolic issue as much as a real one, which is always dangerous. Both McCain and Obama are probably afraid of being labeled flip-floppers by the other if they change positions on the issue, which is what happens when policy and politics get tangled like this. |
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Yep, and the D's doubled down on their strategy yesterday with Pelosi saying:
"This is part of the fight we are in," she said. "We have to get to a place where one day my grandchildren will say, 'Do you believe our grandparents had to go with their car and fill up?' It will be like going with a barrel on our head to a well to get water. That will be the equivalent."
Yah, that should play real well in today's $4.3/gal gas world. Heh. |
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A couple of our more liberal leaning friends have been speaking about (R) Governors blocking oil drilling off shore of their states. Fair point, and it's embarrassing.
However- these bans end at 3 miles off the coast. Then we have the rest of the continental shelf- which is what the democratically held congress is blocking even a debate on drilling in.
Anyway, you got it half right- so well done.
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Politico and Ramesh Ponnuru point to the M. Operandi of Dems. The Posse of Drilless Democrats most of which are Frigid about Crude Oil but not the monousaturated laxative varietal is ok with them as they want to force Americans to swallow the Caster-oil of 10 dollar/gallon gas so that Industry will Invent an alternative to the Internal Combustion Engine!. These wealthy millionaire Democrat leaders heartlessly will shake down American Industry and make Americans swallow the nasty tasting caster-oil which is a vegetable oil used as a catharic to force Americans to join them in what they consider to be a scared quest to save the enivronment....
Al Gore has had a Vulcan mind melt with these Democrats as outlined and published in August 1992 by a Wall Street Journal Piece on DNC Memo about Gore! The following are highlights from a 1992 Democratic National Committee (DNC) memo by Jonathan Sallet to the Clinton-Gore campaign that highlighted Gore vulnerabilities from his extremist manifesto - "Earth in the Balance". Among the DNC's findings:
"Al is a radical environmentalist who wants to change the very fabric of America." "He (Gore) criticizes America for being America -- a place where people enjoy the benefits of an advanced standard of living." "He (Gore) has no sense of proportion: He equates the failure to recycle aluminum cans with the Holocaust." "He (Gore) believes that our civilization, itself, is evil (because it is, in his words, 'addicted to the consumption of the earth.')" It is obvious the Democrats are following Al Gore's Blueprint as stated in his 1992 books 'Earth in the Balance'(here). Even folks at Politco acknowlege how influencial the Oracle of Tennessee Gore is:
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And then what happened after September 5, 2005?
Somehow gas magically got to $2.20 a gallon, the level it was at when Nancy pelosi vowed to bring gas prices down- how again did that work out? |
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Sorry, arch, but Hugh's graph is bogus. It leaves out the spikes in gas prices before the Democratic Party took control of Congress, and it also says absolutely nothing about cause-and-effect.
You do know that correlation does not necessarily imply causation, don't you?
On May 30, 2005, the average price of Regular was $205.1. On September 5, 2005 it had spiked to $303.7. The Republicans were firmly in control of Congress. That's nearly a 50% increase in just over three months. |
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Listened to a snippet of Prager yesterday and he was interviewing a gal named Cravens(sp?) who wrote "The Power to Save the World". All about nuclear energy.
She made some interesting comments regarding spent nuclear fuel and not truly needing Yucca for non-military waste. She spent some time refuting several myths regarding nuclear in general.
Might be worth a read. |
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sloandog writes: Wednesday, July, 16, 2008 7:55 PM Feel better brob? Now that you got that all off your chest and blamed everything on the republicans you got any solutions...I didnt think so.Now I know you and several others on TH only post here to promote controversy and don't really care about the issues as long as your opinion is in direct conflict with the subject matter, all I ask is for you to change the mantra a bit and possibly show a small amount of intelligence because when you submit multiple posts it interrupts anyone who might have something lucid to say.
Arch says"
Sloandog, You are right! Occasionally Brob has moments of lucidity, which have never been posted here, yet the babble of an insane being can be used as an example for the education of our youth of what not to become. So set us an example Brob, educate our youth on the joys of leftism. |
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fbear writes: Wednesday, July, 16, 2008 9:44 PM Hugh still hasn't corrected... his bogus graph from last week, in spite of numerous emails to him pointing out that it's bogus.
I have emailed Salem Communications about it. It will be interesting to see if they do anything about it.
Arch says"
Fbear. You are sadly mistaken. Click on the trackback of this thread header and you will see the undisputed truth of Hugh's graph revealed for all to see. The Graph clearly depicts the very same results that Hugh's graph shows. Your efforts are in vain to dispute the findings which are so obvious to the intelligent. |
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While the amounts of techniclly recoverable oil may seem large in an absolute sense, the impact is relatively small, as Mike points out. Here, for example, is the EIA analysis of ANWR:
http://www.eia.doe.gov/oiaf/servicerpt/anwr/results.html
You are quite correct about Harry Reid; I reference Gov. Gibbons to refute the Hewitt attempts to make this a partisan issue. Remember also that offshore oil drilling in Florida was blocked by a Governor named Bush, and a governor named Arnold opposes it in California.
Mind you, I support Yucca Mountain, and I support drilling in ANWR, which both McCain and Obama oppose. I'm just trying to be realistic about the impacts. Hewitt is being sensationalistic, not rational; his goals are political and partisan. That's not going to get us where we need to be. |
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You need to reread the data you cited. You are attmpting to compare estimates of "technically recoverable" oil (the estimates I linked) to "undiscovered" oil- big difference. There is a lot of oil out there that is just not technically recoverable.
If EIA has modified its' analysis concerning the economic impact of technically recoverable offshore oil, please provide a link- I'm all about facts, not ideology, on this subject. |
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his bogus graph from last week, in spite of numerous emails to him pointing out that it's bogus.
I have emailed Salem Communications about it. It will be interesting to see if they do anything about it. |
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I'm not much for Twinkies, how about a kewpie doll instead? |
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I'll try again...okay, dimwit (I'm giving you the benefit of doubt by assuming you're at least a dimwit) here goes:
Our tale begins many years ago (I would use numbers, but I suspect Briggsy has trouble with anything over single digits) when sailing ships would refit on the coast of CA...and make hulls water tight with...wait for it...the naturally occurring tar they found along the coast. It seems the stuff tended to naturally bubble out of the ground under the sea and wind up on the beaches in CA. It still does.
This is especially true along the coast of Santa Barbara.
Oh, by the way, Briggsy, you'll have to look up "sailing ship" for yourself. I'm not up to explaining what one is to you..... |
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You are hands down the dopiest dope here. A liar to boot.
Jan 31, 2008: "On Wednesday, test results from DFG’s petroleum laboratory showed that the tar balls were of a naturally occurring release from the ocean floor near Monterey. As the sea floor moves, oil is sometimes released and stormy weather often washes the substance ashore. DFG laboratory tests confirmed the tar balls were not from the COSCO BUSAN oil spill that occurred in November." |
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Lots of refineries in SoCal.
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"That's where laissez faire runs aground upon the NIMBY reef."
We're talking about drilling for OIL, not putting windmills off the coast of Martha's vineyard. Pay attention, or no more twinkies for you.
Also, care to explain the globs of tar that wash up on California's beaches near LA? No drilling there, schnookums...whatever could it be? |
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At least Hugh understands his demographic. |
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Now that you got that all off your chest and blamed everything on the republicans you got any solutions...I didnt think so.Now I know you and several others on TH only post here to promote controversy and don't really care about the issues as long as your opinion is in direct conflict with the subject matter, all I ask is for you to change the mantra a bit and possibly show a small amount of intelligence because when you submit multiple posts it interrupts anyone who might have something lucid to say. |
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are polluted with globs of tar.
Notice that these beaches are adjacent to the Gulf waters marked Open on Powerline's OCS map.
Florida doesn't want the same fate to befall its beaches.
Who wants that crap ruining their environment?
Valuable shoreline properties owned by wealthy Republicans?
That's where laissez faire runs aground upon the NIMBY reef. |
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in the world are the state owned companies of Saudi Arabia, Mexico, Venezuela and China.
The largest non-state-owned companies are BP Amoco, ExxonMobil, Royal Dutch Shell, Cevron Texaco, and ConocoPhillips.
(This latter group also have significant refining operations, and could subsidize the price of gas at the pump with their windfall profits from their drilling operations. But will they do that? Hell no. Why should they with Cheney Bush in charge?) |
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Yep, RETREAT from the world and repair that pesky infrastructure. The width, breadth & depths of Left-Lib Ignorance is beyond quantifiable. |
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Do you thank maybe you should pound you head on a rock, while talking to Brigs......... Yes very dumb LOL sorry buddy!
Hey brigs PLEASE tell us all. Who is (3) of the largest oil producers in the world.
"were waiting"
LOL |
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I like your style and biting wit Erin. If we must feed the trolls I nominate you for head chef.
I sense a little Dennis Miller in your nancy pelosi's hair plug installer jest? |
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there's a shocker, huh?
Briggsy writes:
"Joe_C it is Erin who apparently believes that name calling is soaring rhetoric."
Nah, it's not soaring rhetoric- unless of course it's me insulting you- c'mon, have you seen some of the stuff I've spanked you with? Top drawer stuff.
You, on the other hand, wield insults with all the aplomb and dexterity of nancy pelosi's plastic surgeon. Or joe biden's hair plug installer.
Add in the fact that you have yet to make a cogent, defensible point in all the time I've seen you slobbering on this website, and one can only conclude it's time for you to jump back on the short bus to go eat some paste somewhere else.
Scram, troll.
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You sir, are 100% correct about feeding the trolls.
But dang, man- it's just so easy to slap these mopes down, and almost amusing.
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You are correct- a drop in demand will also move the price down.
You've also uncovered the concept of price elasticity in regards to demand- that is, thanks to the crushing ineptitude of a democratically controlled congress, we have reached the price level for gas that will cause people to change their activities that require gas- that is, decrease demand.
However- this decrease in demand is a bad thing- airlines slash flights, people drive less, trucks/suvs aren't bought which destroys Michigan's economy, etc. etc. etc. Again, all brought on by the jaw dropping incompetence of the buffoons running congress.
Your point here was...? |
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One reader's answer to the Democrat's response that "we can't drill our way out of it"
"You miss 100 percent of the shots you never take."
Wayne GretzkyCanadian hockey player (1961 - )
Drill first and prove us wrong! |
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What a buzzkill!
These Hussein operatives' "arguments" need to be refuted and debunked, but that only takes one comment by even a moderately literate 3rd grader. The rest of the time we're just playing with them like a cat with a mouse before the kill. The more time we spend preying on their idiocy, the less time they can spend undermining the great U.S. of A. F***king with their heads is our patriotic duty! |
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about reducing the demand side but we have to have a bridge to get there.I will be the first to admit that the republicans dropped the ball on energy independence but now the dems are defying logic and severely hurting our country for a political agenda. We can all go back in time and point out who is to blame for this dilemma ,and there is plenty of blame to go around,but this is the here and now and the solution is so obvious that it's practically screaming DRILL NOW.Commonsense is on my side. |
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...IGNORE THE TROLLS!!!
I am so tired of all the sane people here at Hugh's blog people falling into the trap of actually giving the time of day to these creeps like Briggsy, etc.
This guy/gal is a 100% GRADE-A LOSER and must be ignored at all costs. Has there ever been an intelligent or original thought spewed forth from the likes of these deranged parrots? Also, do these people have jobs...if they do I hope their boss does a productivity check sometime because it has to be in the toilet! Probably some government bureaucrats licking stamps at a tax collector or something. GET A FREAKIN' LIFE!
I have recently noticed the comments to Hugh's posts quickly filling up with such inane gibberish. Unfortunately, its increasingly from the good guys trying to tell these SOCOM-CLOWNS they suck. I know, I know, I'm doing it here myself but I can't take it any more.
...IGNORE THE TROLLS... |
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1. That IER info was sourced originally from Laborlawyer - decidedly not of the right side of the political spectrum - your trying to discredit it is humorous.
2. Yes, there are 2 curves in that model. With China and India in the energy market, how do you suppose Prius' and light bulbs are going to impact that leftward move of demand?
3. You, along with every other BDS sufferer, wants to lay the dollar and energy at the feet of the executive. How about the legislative? I belive they have just a little to do with spending.
4. That gives you a perfect score of being wrong, congrats!
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a font of DRECK:Since Pee and Ree took over (2006) price of gasoline has gone up $2/gal and bbls of oil have soared over $100.Chuck-E-Cheese Schumacher(Demo Cong NY)did not help things by starting a run on banks by leaking his letter of "concern" to the press.Some of you... Obamanistas,historically adept as y'all are...need to recall it was your beloved Sir Joe Kennedy who aided the '28 collapse of the Stock Market with his buying/selling short scheme.(Then they made him First Chairman of the SEC).Pelosi, Reid & Obama are too dumb to slick something like this...(Kennedy also cornered Dewars Scotch Liquor market(before end of Prohibition); even the Sicilian/Italian "Octopus"/mob)marveled at this ace political-racketeer's huevos)...but they are sure giving it their heathen best.
Arthur McVarish, Houston |
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To save time, I listed your next 5 arguments for you. Just type the number so B. Hussein can get his coupon's worth:
1. "I'm rubber, your glue..."
2. "Oh yeah?"
3. "Takes one to know one."
4. "Sticks and stones..."
5. "Your mama." |
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Pleas somebody invade and liberate California! We need to build more offshore marine-life platforms, they're actually GOOD for the aquatic environment, plus we get oil. What's the big deal? Environmentalists create conflict where none exists. |
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that name calling is soaring rhetoric. |
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Ahhh...the "peak oil" myth rears its ugly head. |
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If only you would have added, "...and you're a 'poopy head.'" That would have brought you pithy retort up to a 3rd grade level - about the same as your opinions and arguments. Whoever is paying you from the Hussein campaign should ask for their Wendy's coupons back. |
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Yes- we need to drill in almost all areas where there is evidence of large supply of crude. And yes - the Dems are being troglodytes about this and should be castigated.
But there is no speculative bubble. Hugh - you need to do some basic reading on oil. Worldwide demand has outstripped the world's ability to extract the remaining oil. We are heading for ever increasing prices as the production rates peak and start down. We are heading for an economic meltdown as an economy based on cheap energy has finally run out of cheap energy.
It's going to get a lot worse folks. And drilling offshore and in ANWR is needed because we need all we can get. But all of that oil is miniscule compared to the growing demand. I am personally dreading an Obama presidency because he is such a lightweight but it does not matter which end of MacBama we get - we are facing really bad times - and alternate energy approaches are way to late to help.
Hugh - try this for a start: http://www.lifeaftertheoilcrash.net/ |
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You LOVE Cheney Bush.
Well that's YOUR problem chauncey.
If you want to play their fool, then go ahead and have yourself fitted for your own foam helmet. |
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"Think Big Oil might feel some downward price pressure from that?"
No, they wouldn't.
Reasons- the government sector is notoriously ineffective at running anything not having to do with confiscating money.
I would cite the local Dept. of Motor Vehicles and your painful lack of education as two examples of this.
A more relevant example would be the clever bio-fuels initiative, which has not decreased the price of gas, but has certainly increased food prices and raised the specter of people starving worldwide.
It is a sad proof (number 5,347) of your functional retardation that you wish to hand over oil extraction and refining duties to the government, given the latter example.
You are a sad, sad person. |
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Are you saying the map is inaccurate? |
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believe you're getting a bit off topic here-
your silly arguments like "10% profit margins are not excessive" and "$400 billion in operating costs" are hardly backing up the metanarrative that Bush is Hitler, now are they?
I'd advise you to straighten up, buddy- facts aren't important. A droning, mindless repetition of trite nonsensical phrases is what one does to "argue". Look to briggsy as an example.
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advocating establishment of a National Energy Corporation owned by the People of the USA to identify, extract, refine and distribute the oil from public lands.
Contracting with private sector service providers just as operation of the SPR is contracted out.
And to pour the People's oil into the marketplace at cost.
Think Big Oil might feel some downward price pressure from that? |
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I'll try and be dumber, but I don't think I can get down to Leftist level - maybe to "Moderate" - if I quit researching facts. |
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Yes Briggys, Exxon and other oil majors really set gasoline prices, seeing how Exxon decided to sell all of its retail gasoline outfits and VLO, TSO, SUN (look up some charts of those stocks) are all getting crushed because they're not making any money in that business. I'm not really sure where you were going with that post, would you prefer we take away drilling properties from the oil majors? Would you prefer we tax them more? I mean, they do keep $1 for every $10 they earn, which is an egregious profit margin of 10%. And with the current properties Exxon owns, it's only going to cost them $400 billion, that's right billion, next year to get oil out of the ground. But I guess because Barackstar only mentioned the 30 billion they made this year in his commercials, you wouldn't know that. |
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You have a lot of nerve, pal- bringing trivial things like updated and accurate information, reason, and logic into this discussion.
At no point do you talk about anyone's feelings, or point out the overarching fact that Bush is indeed Hitler and out of his forehead pours all that is wrong in this universe.
You're a cruel, cruel, bastit. |
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in the dollar caused by Cheney Bush's invasion and occupation put on the national credit card, but the increased risk of disruptive conflict caused by their willingness to take foreign oil by force.
Dollar devaluation and threat of military force. Very bad for oil prices.
Thanks a heap Cheney Bush. Thanks a barrel.
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2003 estimate referenced by LL (http://www.eia.doe.gov/oiaf/aeo/otheranalysis/ongr.html): "Mean estimates from the MMS indicate that technically recoverable resources currently off limits in the lower 48 OCS total 18 billion barrels of crude oil and 77 trillion cubic feet of natural gas (Table 10)."
2006 estimate (http://www.mms.gov/offshore/): "MMS estimates of oil and gas resources in undiscovered fields on the OCS (2006, mean estimates) total 86 billion barrels of oil and 420 trillion cubic feet of gas. These volumes represent about 60 percent of the oil and 40 percent of the natural gas resources estimated to be contained in REMAINING UNDISCOVERED fields in the United States."
Same agency only off by a factor of AT LEAST 4.8 from a mere 3 years earlier - JUST ON THE VOLUME - let alone their production esimates! This means that they are probably off by a lot more than that.
DRILL NOW...EVERYWHERE! |
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The pictured map is way too complicated for the libs to comprehend here.Change the red to pink and randomly print Rove,Bush,Cheney all over the map.That way the libs posts would have a modicum of relevancy. |
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From Yahoo's business section:
"U.S. crude oil futures fell more than 4 percent after a U.S. government agency reported a surprise uptick in import levels, causing crude prices to chalk up the biggest two-day loss in percentage terms since January 2007"
Increased supply, fall in price. It's pretty simple- except for simpletons in congress. |
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Nice job countering my arguments- you're a very special SMART lil' fella! Those meanies making fun of your foam covered football helmet just don't know. |
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it ain't work... it's akin to squashing roaches, and eerily similar. |
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"Yeah Tim, well I'm the CEO of of one of the largest integrated petroleum producing corporations in the world.."
You just caused panic selling all over Wall Street.... |
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refute my posts.
You should instead be using that effort to track down the criminal Rove and haul his sorry hide up to Capitol Hill. |
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comrade briggsy spits up:
"Yeah Tim, well I'm the CEO of of one of the largest integrated petroleum producing corporations..."
Hello in there Briggsy- is the sky blue in the world where you live?
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"Drilling in the ocean won't bring gas prices down either. The only thing that could make a difference at the pump in the near future is to open up the strategic oil reserve."
Wrong. Supply and demand. A larger supply with constant demand produces lower prices. Basic economics.
You understand this premise, as evidenced by you stating that opening the strategic oil reserve will bring down prices (again, increasing supply with constant demand bringing down prices).
You trying play games with time frames is a bit dishonest, isn't it? Drilling in the ocean won't bring prices down- wrong. Not overnight, but ultimately increasing supply brings down gas prices.
Also, as we're talking about oil futures trading- the prospect of a future increase in supply will cause traders to bid down the futures price. Witness the drop of oil futures prices by a drastic amount whilst Bush talked strongly about drilling offshore and in ANWR.
Good try though.
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The potential for the gasoline price explosion to sway masses of Democrats to vote Republican in November is huge. This is because the backbone of the Democratic Party isn't the intellectual crowd which claims Obama as its own, nor is it the radical environmentalists that have hijacked the party's agenda. It is the blue-collar family, reliant on labor unions, that have provided the Democrats with a solid base from which to put forth their platform. Are they out there championing the plight of the polar bear, abortion rights, gun control, or gay marriage? No. The unions themselves, and in large part, their members, are concerned primarily with improving or maintaining their economic well-being. That is, after all, the purpose of labor unions: to protect the rights, pay, and benefits, of their members.
Both parties are proposing a method for becoming more energy independent. The cost of the Republicans' proposal is increased potential environmental degradation of areas known of by few Americans and seen by even fewer, while the cost of the Democrats' proposal is the livelihood, economic security, and way of life for millions of Americans: many of them union members.
It is the promised results of the action proposed by the Republicans that holds the potential to show union members that the Democratic party has left them and their Middle-American values behind in favor of a new set of values offered by the left-wing factions of their party. |
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of one of the largest integrated petroleum producing corporations in the world and I'm telling you that we in Big Oil are just trying to trick the American People into giving us all their oil from every square inch of public lands.
And then we plan to charge them whatever we damn well please. |
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It's official- every time you write one of your deranged posts on this blog, somewhere a puppy dies and somewhere else an angel cries.
"They are the ones who bear the blame for the price of oil and the decline in the dollar."
Interesting- and yet Nancy "skeletor" Pelosi claimed that the democrats had a "common sense plan for bring down high gas prices" when she became majority leader. At that point, prices were around $2.20 per gallon. They're now over $4.00. Care to explain, dimwit?
And by the way- it's the LEGISLATIVE Branch that can allow/disallow drilling, energy plans, etc.- as they are the branch that vote on laws. Might want to look into a high school civics book, mope.
"seesea, the low approval for Congress is because they haven't impeached Cheney Bush and decided instead to play nice with them."
Right, a quick check of the poll methodology showing the 9% approval of congress indicates that the #1 issue of those polled is impeaching the current adminstration on grounds of whatever it is you're making up today. Oh wait, never mind- you're stupid and making this crap up, never mind. C'mon, man- at least PRETEND to be sane for a bit, won't you?
"Need to use those dollars to rebuild our nation's crumbling infrastructure, provide Medicare for all, and launch an Apollo style program to produce oil from coal without emitting CO2."
Crumbling infrastructure- what precisely do you mean by that, outside of you read it somewhere on a lefty blog? Nationalized health care- nope, don't want that imperialism impacting me. CO2 emissions- that hoax is in the process of being dismantled as you have someone read this to you, so best leave that one alone, dingbat.
Gads, you are uber dolt personified. |
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As an analyst on wall-street, opening up drilling areas and thus supply should lower the price. Anyone who says "it won't lower prices now because will only take affect 10 years out yada yada" has no idea how the investment community operates in pricing assets. We discount all of the information out there and factor in all potential information into pricing and added supply is something that WILL affect every purchasers decision on where oil should trade. Congress is avoiding the fact that they have done NOTHING by blaming it on the speculators, or saying oil companies should drill in the land they have now. They're not drilling because its not there or its not profitable enough to drill there! Stop pussyfooting and open up the coasts and other areas. |
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I'd rather be a free market ideologue than a partisan hack, any day. |
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Yes, the opening up of the strategic reserve is a judgment call as to how serious our situation is right now. Yes, prices are way high. but is it a crisis? |
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Pas Phil, excellent point. Appropriate Gov't response here would be less regulation, to let the market work through the problem.
Sane Woman- Tired of hearing the same "no benefit for 10 years" mantra. Been hearing it for at least ten years. Amazing how time flies...
Also, the strategic reserve should only be tapped in a severe supply shortage. Blowing it here to manipulate prices would be short-sighted. We'd really be screwed later, if the Straight of Hormuz gets pinched shut. |
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Too much spending on war and occupation.
Need to use those dollars to rebuild our nation's crumbling infrastructure, provide Medicare for all, and launch an Apollo style program to produce oil from coal without emitting CO2. |
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Notice how many commentors here are advocating MORE government? You can't tell the libs from the cons anymore. |
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How can you say Bush/Cheney is responsible for high oil prices? The Chinese and Indian economies are booming and placing huge demands on supply. Countries such as Brazil and Canada which have the common sense to exploit their own natural resources are doing just fine. How come Canada can drill oil shale and we can't drill in North and South Dakota? How come Mexico and Brazil can drill offshore and we can't? How come France can get 80% of their power from nuclear and we can't? Out entire life style is dependent on inexpensive energy to fuel the engine of growth. Why are we being punished? I just don't get the Democrats allowing the country to go down the tubes in order to remain in power. Their policies of government control of every facet of our lives is ruining the economy. Mandate ethanol and food prices go up. Mandate the interest rate on student loans and loan rates go up. Mandate credit guidelines and no one can get a loan to buy a house. It is madness.Do people really want more of this? I am a 59 year old self employed real estate agent who was making a nice middle class living until 2006.Now I have 100,000 worth of debt from putting two kids through college just as the real estate industry tanked, my retirement savings are being eaten up trying to pay my modest mortgage and I am worried how I am going to pay my heating bills this winter. But the Dems think that changing my light bulbs and lowering my thermostat is going to fix the economy, while they drive around in taxpayer funded cars,have first class medical care provided by my tax dollars and can look forward to retiring on generous pensions. They have no idea how angry we all are and if the republicans can do what they did in 1994 and harness this energy, they can actually do something to move the country forward. Now that is change I can believe in. |
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1. The reference pricing noted was somewhere in 2007, which means its a heck of a lot lower than $140/bbl.
2. "Ain't much there"? Estimates based on KNOWN supplies = 150% increase over what they have now. That doesn't include any future discoveries. That equals another 60B barrels so far. Not insignificant.
3. Yucca - Governor is still answerable to the residents of his state, regardless of party. In the past Navadans have voted NIMBY, let's see what happens next time around with current energy costs. Also, you think Harry Reid hasn't had a say in that boondoggle? |
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with the Truth of their Batstuff Crazy views.
527s, POUND O'Bammy with the Looney-Left and Harry-Nancy Eneregy Insanity. Let the Nutters own their policy!!
Now, Johnny Little, is the time for you to board a plane for Alaska, meet with the Gorgeous Gov. Sarah, have a Road to Damascus Moment on ANWR... oh, and invite her on as your Veep.
Don't WIMP OUT on this opportunity, McJuan! :-) |
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offer up, I'm frustrated. My senators both 99% of the time vote the right way. So what can I do? |
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Hugh,
You're not serious with your post. Opening up offshore oil drilling will not solve the housing crisis or keep the banks solvent.
Drilling in the ocean won't bring gas prices down either. The only thing that could make a difference at the pump in the near future is to open up the strategic oil reserve. And yet you make no mention of that.
The oil reserve was intended for such a time as this, but to use it you'd have to give Jimmy Carter credit for setting the reserve up. That may be something you don't want to do.
To call the Democrats "Don't Drill" does have a certain ring to it, but it is misleading as well. The Democrats are not saying that we shouldn't drill for oil at all, just that there are some places where the costs of drilling outweigh the benefits.
Remember the bank failures and financial meltdown when Bush I was in office? I sense a trend here. Maybe one of the smartest thing we can do is make sure that no other member of the Bush family sits in the oval office. |
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...like little Briggsy are capable of sputtering only BDS on this one. Low approval for this Democrat/RINO congress is because they have sealed up THE PEOPLE'S resources. They do not allow us to use our God given resources, and they will never do so until they are either ousted or offered a high enough bribe so they can cash in.
Al Gore has cashed in on the GB hysteria, as well as in investments on ethanol for which he cast a tie-breaking vote in the senate years ago. Reid and Pelosi just need to take note, invest in Big Oil, then pass legislation to get out of the way and open up the resources for THE PEOPLE. By the way, taxes are not an "investment". |
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....I will post this link every time HH goes crazy like this about offshore drilling:
http://www.eia.doe.gov/oiaf/aeo/otheranalysis/ongr.html
That's the analysis by the Energy Information Association of the impact of lifting restrictions on offshore drilling. Key findings:
"The projections in the OCS access case indicate that access to the Pacific, Atlantic, and eastern Gulf regions would not have a significant impact on domestic crude oil and natural gas production or prices before 2030. Leasing would begin no sooner than 2012, and production would not be expected to start before 2017."
and
"Although a significant volume of undiscovered, technically recoverable oil and natural gas resources is added in the OCS access case, conversion of those resources to production would require both time and money. In addition, the average field size in the Pacific and Atlantic regions tends to be smaller than the average in the Gulf of Mexico, implying that a significant portion of the additional resource would not be economically attractive to develop at the reference case prices."
Put plainly: there ain't much there, folks.
As to nuclear: Reversing Nevada Gov. Jim Gibbons' opposition to the nuclear waste storage facility proposed for Yucca Mountain would be a crucial first step. Oh, wait: Which party does Gibbons belong to? Hint: He isn't a Democrat.....
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Pelosi wants to issue more free ice cream and Barney Frank is right now echoing her call. The problem is TOO MUCH GOVERNMENT SPENDING. Mark my word, unless we start getting leadership from one of these parties, we are heading for centralized control of the economy and everything else. This is very bad for McCain because he has no answer other than to present a pollyannishly naive "balance the budget by 2013" plan that was trashed out right out of the gate.
We need to find some adults fast before we transfer ALL of our national wealth to our enemies. The GOP MUST find a serious candidate. McCain is a disaster. Voters are being asked if they want botulism or ptomaine poisoning. Excuse me but why don't we find another restaurant. How about that "3rd Party" restaurant across the street? I heard the service is better too. |
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A picture's worth a 1000 words. Keep the grafts coming. |
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is because they haven't impeached Cheney Bush and decided instead to play nice with them.
Big mistake. Cheney Bush are a menace. |
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Leave it to a superthoughtful lefty to repeat the same old Blame Bush & the Eeevil Cheney Mantra for all the worlds' ills. Give it a rest why don't you? Your beloved Pelosi & Reid, with their 9% approval rating,should be tarred & feathered and shipped to Venezuela in an oil drum. The Democrats have never cared about this country - it's all about them & power & control. When the dems have taxed us out of existence and totally destroyed this country will you finally quit whining? |
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My guess is that Reid and Pelosi are not stalling because of the environmentalists.
It may be that they are stalling to make sure that the economy is sucking ditch water at election time.
I'm guessing that they are counting on the economy being bad to help the Dems will win. It's what the press did to George senior by not reporting that the economy had turned around 6 months before the election of Clinton.
So if you feel pain, just remember that they want your vote. |
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With the first predictable and inane response by a DNC/BHO operative - with the added cherry of being both a lie and irrelevent. Congratulations, Briggsy! I'm sure your other comrades won't be far behind, but they are going to have to "bring it" to top you. |
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Not sure we could have a clearer example of political posturing taking precedence over doing what is needed than this issue.
The congressional D's are going to screw around long enough on this and really submarine BO's campaign. HRC must be chortling to herself in the corner right about now. |
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It takes real talent to get Congressional approval ratings in single digits. Bravo to you both and keep up the good work!
Democrats, snatching defeat from the jaws of victory since 2000. |
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Congressmen like Michele Bachmann and Tim Walberg are fighting, but they need the help of the American people -- JUST LIKE THE AMNESTY BILLS OF 2007 -- we pummelled Congress with calls and faxes. Those bills were killed, and WE CAN DO THE SAME WITH DRILLING, BUILDING NUCLEAR PLANTS, BUILDING MORE REFINERIES.
There's a new petition started by a citizen, not a politician. It's FREE, and the goal is to get 100,000 signatures to take to Capitol Hill. Go to: http://www.drillforoilhere.com Sign it, and pass it on!
Mom in Wisconsin |
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Pictures are worth a thousand words. Can anyone predict what the usual DNC/B. Hussein operatives assigned to HH.townhall.com are going to say?
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America's anger against Cheney Bush?
They are the ones who bear the blame for the price of oil and the decline in the dollar. |
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