jteamaz's Blog

So what's the dems plans to lower gas prices?

There is also lots of shale oil to be had, but the tree huggers are against it, what IDIOTS!
Start drilling now, export not another drop of oil, cut off all foreign aid and our economy just might recover before it's too late.

Goldbug, I agree with you, the moratorium on drilling should have never been put in place. My point is that the plan is over-hyped, and will take years to implement. At least by the time everyone gets done fighting about it. Today I read that the Democrats want to nationalize the oil refineries.....just what we need, more socialism. I think we should put the priority on new sources of energy, whatever they may be. This country has accomplished some great things in the past. Removing the dependency on oil should be top priority right now. Drilling for more oil should only be a temporary fix. In the meantime, America needs to learn how to do something it's never been able to learn, conserve. We need alternatives NOW, not 5-10 years down the road.

These no-bid contracts are unusual for the industry, and the offers prevailed over others by some 40 other countries, including China, Russia and India. The contracts will give these companies the advantage on future contracts in the hope of stepping up world supply. There has long been suspicion in the Arab world and in the American public that the U.S. went to war in Iraq precisely for the oil wealth, all under the guise and disguise of controlling terrorism. It is expected that after repairs and some reconstruction that Iraq can produce upwards of 4-6 million barrels of oil per day, hence alleviating the tight supply of crude on the world market, and our oil companies have the contracts, big surprise.

Well, there you have it. There are those of us that always assumed this invasion and occupation of Iraq was all about the oil, looks like we were right. The truth always comes out eventually. Was all the death, destruction and upheaval, our multi-trillion dollar debt all worth being able fill our gas tanks?? History will not speak well of us when all is said and done.

The leftist aka progressive treehuggers blame every world problem on oil. One has to wonder if this hatred for oil by the leftist aka progressive treehuggers is because they are not the ones making money off of oil.

So tell us ole wise leftist aka progressive treehuggers why aren’t the leftist aka progressive treehuggers developing these other energy sources.
So tell us ole wise leftist aka progressive treehuggers why should we tax the profits of a legal business to pay for this leftist aka progressive treehuggers dream of other energy sources.
So tell us ole wise leftist aka progressive treehuggers why you still use hated oil?
So tell us ole wise leftist aka progressive treehuggers why you passed epa laws that add about 2 dollars to the cost of a gal of gas.

You're right, I couldn't care less. I think it's great that these high oil prices are forcing us to develop new techs. Having said that, it is time for you to do your research:

"Oil shale, a fine-grained sedimentary rock, contains significant amounts of kerogen (a solid mixture of organic chemical compounds), from which technology can extract liquid hydrocarbons. Authorities have described the name oil shale as a promotional misnomer, since the rock is not necessarily a shale and its kerogen is not crude oil; it requires more processing than crude oil, which affects its economic viability as a crude oil substitute." (Wiki)
According to the survey conducted by the RAND, a surface retorting complex (mine, retorting plant, upgrading plant, supporting utilities, and spent shale reclamation) is unlikely to be profitable unless real crude oil prices are at least US$70 to US$95 per barrel.(Wiki)

jteamaz, It may take years but we need to get started. If we had started while Clinton was in office, we would be selfsufficient today. To keep putting it off is not the solution. I agree we should be developing new technologies but they are not readily available or affordable yet and the country is currently running on oil so lets use our oil until something else comes along. If what you say regarding Iragi oil and American companies is true, I'm not doughting you, I just haven't seen it yet, that sounds like good news. I still think it is wise to drill our own here at home because of the instability of the mid east region.

Goldbug, what you say is true. I'm all for domestic oil production, and I hope we have as much as they claim. But, do you remember back in the 70's when OPEC turned off the spigot? There were shortages, rationing, long lines etc. That's when fuel effecient vehicles from Japan were introduced into the market from Honda/Toyota/Nissan (then Datsun) and the push was on to conserve. The national speed limit was lowered etc. When things stabilized we went right back to our old ways, oversized vehicles and just wasting in general. We've adopted bad buying habits, bad driving habits and now it's happening again. Part of the point of my post was pointing out that the oil companies have been allowed access to over 68 million acres that they've basically ignored. It doesn't require much thought to realize that they're enjoying record profits, and why shouldn't they? They have a captive audience, a nation that runs on oil, and that does not know how to conserve. Increased oil production needs to be a temporary thing, with us, the general public holding our elected officials feet to the fire demanding alternative energy sources. If they can't do it, then bow out and let the American public figure it out. In the meantime do we keep fighting wars over this? I would like nothing more than to see us out of the middle east, but as of now it looks like we're there to stay, as long as the oil flows that is.....

our nations coastlines have been drilled and the oil has been tapped as reserves a long long time ago i say look on mars for some traces of carbon - the building blocks of fossil fuel! and get the space tanker program into full swing and rake in the big money from all these countries that are doing it to us! they don't have a space program like the U.S.A does!

the problem that is holding up exploration for oil in these wildernesses and our oceans is we have those beloved spotted gray dolphin free wolfowls that need protection from destructive actions!! as you all know these species have feelings too and if we disturb their habita/mating areas we will pay the price and be only able to eat tuna that has dolphins mixed in with em and that will drive all the prices of our commodities through the roof and possibly throw the worlds ecosystem into a free fall that will never recover and everything will become extinct and the whole process can begin anew!!!! just ask
Al Gore! he is already selling carbon credits for the next life!!!!!! LOL LOL LOL P.S. just send a check for 29.95 to Al Gore and you shall be redeemed. Thank You, and Bob Dole endorses this message!