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Old 05-15-2012, 12:25 PM
 
Location: Sango, TN
24,889 posts, read 21,094,025 times
Reputation: 8620

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Quote:
Originally Posted by DRob4JC View Post
Understand - at least Israel has been an ally - but money outflow is money outflow - and regardless of who it is - we don't have the money.
Israel hasn't helped us anymore then other countries have. We have a military alliance with them and Egypt. Doesn't mean we should give them a damn dime while we are going into bankruptcy as a nation.
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Old 05-15-2012, 12:27 PM
 
Location: Gulf Coast Texas
28,554 posts, read 15,494,856 times
Reputation: 11434
Quote:
Originally Posted by Memphis1979 View Post
Israel hasn't helped us anymore then other countries have. We have a military alliance with them and Egypt. Doesn't mean we should give them a damn dime while we are going into bankruptcy as a nation.
I'm not arguing with you. Nobody should be getting anything.
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Old 05-15-2012, 12:32 PM
 
Location: Florida
63,198 posts, read 34,440,075 times
Reputation: 10525
Quote:
Originally Posted by DRob4JC View Post
Pakistan - $7.5B in 2011 - U.S. Aid Plan for Pakistan Is Foundering
The aid program promoted by Senator John Kerry, chairman of the Foreign Relations Committee, promised Pakistan $7.5 billion over five years, much of it delivered through the civilian government.

Egypt - $2B per year - Follow the Egyptian money
Since the Camp David peace accords more than three decades ago, the United States and Egypt have had an unspoken bargain in terms of the roughly $2 billion in aid given each year to Cairo:
Only about $180 million out of that $7.5 billion to Pakistan was actually delivered, and the way things are going, they are unlikely to see much more of it.

As for the shale, it is very expensive to extract, but they should be looking into finding better extraction methods. In the past it has been difficult to get big oil interested in these kinds of projects. For example Shell started in CO, but quickly abandoned the project because it was not going to generate enough profits. Mostly likely such projects would have to be heavily subsidised by the government.
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Old 05-15-2012, 12:48 PM
 
Location: City of Angels
2,935 posts, read 4,773,798 times
Reputation: 2236
Quote:
Originally Posted by Taratova View Post
Tell that to the millions of people out of work.
try telling your side to the tens of millions of people who live in the colorado river basin and depend on its water.
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Old 05-15-2012, 01:32 PM
 
29,419 posts, read 18,762,685 times
Reputation: 5437
Quote:
Originally Posted by Finn_Jarber View Post
Only about $180 million out of that $7.5 billion to Pakistan was actually delivered, and the way things are going, they are unlikely to see much more of it.

As for the shale, it is very expensive to extract, but they should be looking into finding better extraction methods. In the past it has been difficult to get big oil interested in these kinds of projects. For example Shell started in CO, but quickly abandoned the project because it was not going to generate enough profits. Mostly likely such projects would have to be heavily subsidised by the government.
It appears it's dependant on the price of oil as like you say it's more expensive but if oil remains high there is an incentive to go after it. New technology will drive the price down. NO reason to go "all in". The shell project was dumped because of low crude prices if I recall correctly. I doubt the government is gonna give any money for shale exploration but you never know. Too busy funding green stuff where they are going "all in" with our money instead of waiting until the green stuff becomes competitive with other sources of energy. There is the green problem in a nutshell.
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Old 05-15-2012, 01:39 PM
 
69,372 posts, read 55,578,698 times
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Quote:
Originally Posted by Mircea View Post
Restrict agricultural development? Sure, I vote for paying more money for food stuffs so I can have expensive gasoline.
You wouldnt pay more money for food, most of the food doesnt come from that region, and the price of gas would drop so low, that transportation costs would probably drop dramatically
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Old 05-15-2012, 01:48 PM
 
Location: Sango, TN
24,889 posts, read 21,094,025 times
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Quote:
Originally Posted by pghquest View Post
You wouldnt pay more money for food, most of the food doesnt come from that region, and the price of gas would drop so low, that transportation costs would probably drop dramatically
No, it wouldn't.

Oil shale and sand development depends on the high price of oil. If it dropped to "so low, that transportation costs would probably drop dramatically", then oil sands and oil shale wouldn't be worth the money put into it.

Its viability is all based on crude being 100 dollars a barrel or higher.
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Old 05-15-2012, 01:51 PM
 
29,419 posts, read 18,762,685 times
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Right now it is. In five or ten years with new technology the price could come down. That is why some folks are looking into it. In other countries of course because the feds own most of the land the shale is on in the US and they know it's not worth going through the red tape to even get started here.
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Old 05-15-2012, 01:53 PM
 
Location: Sango, TN
24,889 posts, read 21,094,025 times
Reputation: 8620
Quote:
Originally Posted by KUchief25 View Post
Right now it is. In five or ten years with new technology the price could come down.
I've heard the same thing said of solar, and Republicans will destroy anyone who mentions that effort.

Natural gas is here, now, and will be here for another 100 years. Well enough time to develop cheap solar energy, far cheaper then oil sands will ever be.

Should we use oil sands to boost domestic supply? Sure.

Are they an answer to long term energy needs? Nope.
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Old 05-15-2012, 01:58 PM
 
29,419 posts, read 18,762,685 times
Reputation: 5437
Difference is the ventures into shale exploration are not funded by taxpayer dollars. Nat gas won't be here for long after the EPA and Sierra Club get done.
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