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Status:
"everybody getting reported now.."
(set 23 days ago)
Location: Pine Grove,AL
29,551 posts, read 16,542,682 times
Reputation: 6040
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Quote:
Originally Posted by steven_h
BINGO! That was sarcasm, right?
They do not understand! They are cheerleaders with a concept of how reality works through Google, and slanted toward their ideology.
I tried to reason and they drew political lines when it was an a-political discussion. Now they're patting each other on the back, as if they actually accomplished something noteworthy! Oh well!
Imagine a zombie repeating "Obama is perfect, Obama is god" ...and there ya go! Discussion, interaction, reasoning, lost!
If you had used google, you would have saved yourself the embarrassment of being wrong.
New leases peaked under the Bush Administration in 2006 at 3,746, it dropped by more than 1,300 when Bush left office.
But its clear the Obama administration is still issuing Leases as the above link shows multiple times.
Further more, it shows your argument is flawed by the number of applications submitted. Seems the companies drilling(based on acres drilled) are simply grouping the applications together.
And again, your main point was that drilling(the actual production) was up, but it has been up, so prices should have started going down in 2006(when permits spiked) or in 2009 when production itself started an upswing.
But its clear the Obama administration is still issuing Leases as the above link shows multiple times.
Further more, it shows your argument is flawed by the number of applications submitted. Seems the companies drilling(based on acres drilled) are simply grouping the applications together.
And again, your main point was that drilling(the actual production) was up, but it has been up, so prices should have started going down in 2006(when permits spiked) or in 2009 when production itself started an upswing.
Originally Posted by steven_h BINGO! That was sarcasm, right?
They do not understand! They are cheerleaders with a concept of how reality works through Google, and slanted toward their ideology.
I rest my case!
If I, a Google "Engage for Agencies" member "had used google, I would have saved myself the embarrassment of being wrong."
As I said: They are cheerleaders with a concept of how reality works through Google
But its clear the Obama administration is still issuing Leases as the above link shows multiple times.
Further more, it shows your argument is flawed by the number of applications submitted. Seems the companies drilling(based on acres drilled) are simply grouping the applications together.
And again, your main point was that drilling(the actual production) was up, but it has been up, so prices should have started going down in 2006(when permits spiked) or in 2009 when production itself started an upswing.
And the right who can't get their own dimwits in, eh?
We don't want dimwits in power. That's why so many smart Republicans are winning elections and displacing Democrats everywhere, and the mid-term next month is looking good.
Also, have you checked recently how many states have Republican governors and are run by Republicans as opposed to Democrat run states? Last time I checked, their are more on the Republican side.
This is a prime example as to what happens when you allow capitalism rather than the government fixing issues which affect us all.
Agreed. (and I mean that, capitalism is responsible in a lot of ways for bringing the price down), but...
1. Another prime example of what happens when you allow capitalism to take precidence is the oil spill in the Gulf, the coal-ash spills in NC, the pipeline breach of a few years ago in Alaska due to lower maintenance on the pipes. All examples of lowering costs to increase profits, with bad outcomes.
^^My point there is not to say "don't drill", it's just to illustrate that there can be a healthy balance that falls between unbridled capitalism, and unchecked Government control.
2. Actually the prices are mostly dropping do to shale GAS, not oil. The majority coming from the Marcellus Shale Basin in PA. The real effect is that gas is fueling co-gen power, making cheaper power for industry, and freeing up more oil for other things, causing downward pressure on prices. Add to that, the global economic slowdown has decreased demands, and the slower recovery has sustained that.
3. ...and here is the kicker... If prices drop much lower, the shale gas won't be economically viable, and you'll see another prime example. One where Capitalism will pull away from the source of fuel, because it is not profitable. (which is how it's supposed to work). All this means that as prices drop, so too will supply, causing prices to rise. Eventually a sweet spot will be found (for a while).
It's all good.
And yes, I'm for domestic drilling, and even supportive of Fracking, but I have a healthy skepticism. I think it's important for industry to fear (a little) the consequences of major screw-ups. It's what keeps them honest, and what keeps things in check. People on the fringe (whom I really dispise from both sides) help keep things in balance.
Don't use capitalism and oil in the same sentence, unless you like using the term subsidy.
This is horrible news. If anything, we need to increase oil prices to incentivize taking action against climate change. Cheaper oil just means we will consume more.
Climate change will occur no matter how much money idiot liberals throw at it.
Quit using a failed argument.
So instead of burning my garbage, maybe I will haul it to the land fill now that diesel is getting cheaper.
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