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What an excellent idea! We need more drilling to get to the hard to reach places where there is still lots of oil! Consequences be damned!
I'm just glad that we didn't stop mining for coal, after the first mining accident. Every fikkin' thing we love using today is because we had an "INDUSTRIAL REVOLUTION"!!!
OH....and how did we have that revolution??? COAL!!!! How did we win two world wars??? Fossil fuel!!!!!
Do you understand??? If there is MORE of a comodity than the demand the price goes down....
Not necessarily, often demand just goes up instead. Part of why oil fell in 2009 was not that more was produced by rather that demand collapsed due to the recession.
Do you understand??? If there is MORE of a comodity than the demand the price goes down....
Yes, I understand that. Unfortunately for you, the United States is not the only country in the world.
Do you understand that at with only 10% of world's production, the US can only make a tiny insignificant dent in oil prices if it increases its production?
Unless you live in a magical world in which the US can double or triple its production in a sustained way, it's unlikely that prices will change even if you alllow drilling all over the place.
Plus the OPEC countries would probably scale down production to avoid the barrel from going below a certain mark. Just as they are likely to rev up production if the barrel spikes too high, like they typically do.
Assuming you'd manage to get a significant dip in oil prices, this would likely put the world economy in overdrive for a short time (increased demand), only to send prices back up.
Sooner or later, people are gonna have to come to grip with the fact that the only way oil prices are going in the long run is up. Look, I would like it too if there was an infinite amount of easy oil in my backyard, just like it would be awesome if it started raining gold coins and diamonds, but unfortunately that's not reality. You can make your choices according to that reality instead of complaining.
I'm just glad that we didn't stop mining for coal, after the first mining accident. Every fikkin' thing we love using today is because we had an "INDUSTRIAL REVOLUTION"!!!
OH....and how did we have that revolution??? COAL!!!! How did we win two world wars??? Fossil fuel!!!!!
Maybe you forgot how we used to get that "fikkin" stuff back then too:
It's slightly more easy to drill a well on the Texas prairie than it is to drill in 5000 ft deep ocean. Do you really think we do deep ocean drilling because it's fun? Do you really think that revolution would of happened if there was only oil and coal in the places we find it today? Is it somehow safer to drill in the open ocean than on the prairie?
The main rreason to drill is that it stops the flow od american dollars outside the conuntry by huge amounts and keeps those jobs in the coutnry besides.It alos adds to the total crude prodcued worldwide and effects gasoline pirces.It alos help when a disrution like th 15% we saw i the 70's that cause gas prioces to tripe quickly and long lines.But we are never going to be a mass prodcuers becaue we do not have the amounts of oilwe did. Just the amount pumped i WWII reduced our suplly by a large amount.Oil more tha anyhtign else and our lack of it will mean we will never again be the country we were drive by it and none of us will see the day when alternatives are a cheaper much less any thing close to a significant replace emnt for oil as not just a fuel but the other 19000 products produced from it that are essentail in the modern world.
It's amazing how our ancestors adapted and lived through the ice age with sticks and stone yet the modern man can't envision a more energy efficient world. The resistance from people who can't accept the realities about oil is just laughable. It's as if you told a crack addict that the coca plant was going extinct. So what if you're gonna have to drive a small girly car or use the bus or even worse, walk some more?!
I understand some people need oil because of where they live or their line of work, but most of us live in cities and there is an awful lot of waste going on. I live downtown where cars are not needed. Even with high gas prices I see so many a**hats driving around with no purpose or simply to cover a few city blocks...it's depressing.
With regards to "Drill Baby Drill" as I have pointed out ad nauseam, the price of oil is peg to global prices. For example, the current unrest in Libya has resulted in a new spike in oil prices, yet the amount of oil that U.S. imports from Libya is negligible at best but the price at the pump is the same. We can drill until the sun goes down but the price of oil will still be dependent on world wide supply and demand.
I might also mention, once again, that oil drilled in the U.S. is NOT dedicated to U.S. markets but rather the highest bidder. Currently the U.S. EXPORTS 2.5 million barrels of petroleum products per day.
Maybe I'm over generalizing, here. But it seems as though the same people who are saying "drill baby drill" are the same folks who are alarmed that our children will be paying our national debt.
I realize this is hyperbole, but, if I had to choose, I'd rather be in debt than live in a poisoned land.
With regards to "Drill Baby Drill" as I have pointed out ad nauseam, the price of oil is peg to global prices. For example, the current unrest in Libya has resulted in a new spike in oil prices, yet the amount of oil that U.S. imports from Libya is negligible at best but the price at the pump is the same. We can drill until the sun goes down but the price of oil will still be dependent on world wide supply and demand.
I might also mention, once again, that oil drilled in the U.S. is NOT dedicated to U.S. markets but rather the highest bidder. Currently the U.S. EXPORTS 2.5 million barrels of petroleum products per day.
But the global price of oil does not reflect the reality of the Libyan situation. Libya is less than 2% of world oil production and there is some 1.6 billion barrels held in strategic reserves. Nope, the spike in the price of oil reflects fear, speculation and possibly a bit of market manipulation.
I'm praying that it will go to $6 per gallon within 5 years.
The higher the better.
Even if it means 40% unemployment?
A slow rise is good. A sudden spike will send this country into a panic. It was $147 oil that set in motion the 2008 collapse, and I am predicting a much, much worse collapse this year. The panic of 2011 will dwarf the panic of 2008.
The only place your money is safe now is under a mattress.
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Every fikkin' thing we love using today is because we had an "INDUSTRIAL REVOLUTION"!!! 
