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Old 09-05-2008, 05:15 PM
 
69,368 posts, read 64,169,371 times
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Quote:
Originally Posted by yo vanilla View Post
Pelosi is not working for us. Even though we are paying her.

This energy bill is a bi-partisan effort, it is not one-sided in any way. Last I heard it was 26 reps from both sides, led by one R and one D. I've heard them talk together on TV a few times and I believe it is a genuine effort to work together and actually fix a problem.
Pelosi actually recently made an investment into natural gas fueling (through Pickens plan), she has a financial incentive to keep fuel prices high.. If I recall the investment was somewhere near $100K, but I dont recall the actual total. It was fairly disclosed on her asset balance sheet recently.
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Old 09-05-2008, 05:15 PM
 
7,138 posts, read 14,647,507 times
Reputation: 2397
Quote:
Originally Posted by yo vanilla View Post
Pelosi is not working for us. Even though we are paying her.

This energy bill is a bi-partisan effort, it is not one-sided in any way. Last I heard it was 26 reps from both sides, led by one R and one D. I've heard them talk together on TV a few times and I believe it is a genuine effort to work together and actually fix a problem.


She needs to go home and take care of her domestic duties!! Paying her is pork barrel spending at its worst!
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Old 09-05-2008, 05:17 PM
 
Location: Pittsburgh, PA
2,868 posts, read 9,557,087 times
Reputation: 1533
Quote:
Originally Posted by poogie777 View Post
Ya, I liked the "country first" speech. I'm all for that...now let's get that drilling going.
What is drilling here going to do? Do you think they will strike a huge oil pit and thats it? We will all be paying a buck for a gallon of gas?


Oil is a global commodity whose price is set by global supply and demand. It would take a decade to feel relief if we even get any...

This country uses about 25% of the oil production now and it only excalates with time as more people drive...they assume we *might* have a 3% oil supply here in the states if they drill...Will that 3% help us? Is it worth the oil spills and the pollution for that oil? The whole 3% supply that will put a small dent in our 25% requirement??... I will tell you what it will help..the pockets of the oil hungry politicians...thats about it...

WE NEED ALTERNATIVE FUEL OPTIONS NOW. Not more oil...
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Old 09-05-2008, 05:22 PM
 
69,368 posts, read 64,169,371 times
Reputation: 9383
Quote:
Originally Posted by *Danielle* View Post
What is drilling here going to do? Do you think they will strike a huge oil pit and thats it? We will all be paying a buck for a gallon of gas?

Oil is a global commodity whose price is set by global supply and demand. It would take a decade to feel relief if we even get any...

This country uses about 25% of the oil production now and it only excalates with time as more people drive...they assume we *might* have a 3% oil supply here in the states if they drill...Will that 3% help us? Is it worth the oil spills and the pollution for that oil? The whole 3% supply that will put a small dent in our 25% requirement??... I will tell you what it will help..the pockets of the oil hungry politicians...thats about it...

WE NEED ALTERNATIVE FUEL OPTIONS NOW. Not more oil...
It does not take a decade to feel relief, it takes an increase in supply and immediately, the proce drops.

Want proof, tell me why gasoline dropped from $4.09, to $3.59 in the last month.. I can tell you, because people increased supply!!

We need alternative fuel options now.. sure, great idea.. Maybe you can lead all of the scientists out there to find one since as of right now.. none is know that work..
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Old 09-05-2008, 05:40 PM
 
Location: Bellingham, WA
365 posts, read 692,803 times
Reputation: 98
Quote:
Originally Posted by *Danielle* View Post
What is drilling here going to do? Do you think they will strike a huge oil pit and thats it? We will all be paying a buck for a gallon of gas?


Oil is a global commodity whose price is set by global supply and demand. It would take a decade to feel relief if we even get any...

This country uses about 25% of the oil production now and it only excalates with time as more people drive...they assume we *might* have a 3% oil supply here in the states if they drill...Will that 3% help us? Is it worth the oil spills and the pollution for that oil? The whole 3% supply that will put a small dent in our 25% requirement??... I will tell you what it will help..the pockets of the oil hungry politicians...thats about it...

WE NEED ALTERNATIVE FUEL OPTIONS NOW. Not more oil...
I agree, Danielle, we do need alternative fuel options, however, we need to rely upon our own resources here at home while alternatives are being developed.
You are also correct to assume that no "huge oil pit" will be hit and that's it. However, current studies show that the ANWR region ALREADY IS a huge oil pit that, for the most part, remains unexplored and undrilled in.
Add to that the recent discovery of vast amounts of crude oil in North Dakota and Montana combine with even vaster amounts of newly discovered off-shore oil fields in the Golf of Mexico both of which are also undrilled in, and it becomes PLAIN to see that we have more than enough of our OWN oil reserves to become non-dependant on foreign oil.
The main problem is NOT whether or not the supply is there but rather that we DO NOT have refining capabilites in this country to meet present day demand for petroleum based products. This is due mainly to restrictive environmental laws which have prevented any new refineries from being built in this country since 1973-ish.
You could be up to your eye balls in crude oil but without the refining capabilities to meet today's demands all petroleum based products will continue to be "over priced."
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Old 09-05-2008, 05:43 PM
 
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
16,259 posts, read 24,782,332 times
Reputation: 3587
Quote:
Originally Posted by smd1998 View Post
Congress will be back to work on Monday after screwing us over on oil drilling and what are several dems going to do first? They are working with the rep party members to get drilling and drill right now.

Ben Nelson (d) has said that several dems will be working with the rep party leaders to get oil drilled right away.

So the democratic party has caved in the what is right for your country.

Everyone wants to be relieved of the high gas prices and these democrats have stopped it from happening, which shows us they are not for us.

Let see how Nany Pelosi deals with this, do not forget she is totally against it and wants to save the globe, lets watch her closely to see if she tries to steal credit for oil drilling now that Obama has finally realized he was wrong of course on oil drilling.

Keep an eye on the dems, we will see who cares for us real quick.

Do not forget, they were dead against drilling. Watch them now be for it and cost us months of higher prices.

You will finally get to see what a democratic congress and Obama would do to us. Perfect example on a simple problem.
I don't think they caved on anything! Anybody that has read my post knows that I am 100% opposed to drilling anywhere near the coast. The new bill specifically BANS any drilling close than 50 miles off the coast. I think we WON really. I don't have a problem with it as long as I don't have to see it or swim in it.
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Old 09-05-2008, 05:47 PM
 
69,368 posts, read 64,169,371 times
Reputation: 9383
Quote:
Originally Posted by KevK View Post
I don't think they caved on anything! Anybody that has read my post knows that I am 100% opposed to drilling anywhere near the coast. The new bill specifically BANS any drilling close than 50 miles off the coast. I think we WON really. I don't have a problem with it as long as I don't have to see it or swim in it.
I guess we "won" according to you, and the Chinese lost, because they get to drill off our coastlines...
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Old 09-05-2008, 05:53 PM
 
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
16,259 posts, read 24,782,332 times
Reputation: 3587
Quote:
Originally Posted by pghquest View Post
I guess we "won" according to you, and the Chinese lost, because they get to drill off our coastlines...
The Chinese can only do what our lame President lets them do.
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Old 09-05-2008, 06:03 PM
 
69,368 posts, read 64,169,371 times
Reputation: 9383
Quote:
Originally Posted by KevK View Post
The Chinese can only do what our lame President lets them do.
Wrong, they are in international waters and not govern by the USA laws.. They can drill where they want, provided they are out 12 nautical miles. We cant legally stop them without violating international laws written long before Bush..
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Old 09-05-2008, 06:03 PM
 
Location: Newton, Mass.
2,954 posts, read 12,311,139 times
Reputation: 1511
Quote:
Originally Posted by pghquest View Post
It does not take a decade to feel relief, it takes an increase in supply and immediately, the proce drops.

Want proof, tell me why gasoline dropped from $4.09, to $3.59 in the last month.. I can tell you, because people increased supply!!

We need alternative fuel options now.. sure, great idea.. Maybe you can lead all of the scientists out there to find one since as of right now.. none is know that work..
Oh, how sad and misguided. The prices dropped because of a decrease in demand since people are scaling back.

Oil falls to five-month low on demand worries - Oil & energy - MSNBC.com

It will take at least a decade to even begin to have any increased supply from offshore drilling, and the current estimates is that world supply would increase by well under 1% of current output, not enough to make any dent in prices. While Palin's home state melts away, the great economic work of the next 50 years will be the development of alternative fuels, and the GOP troglodytes can only chant "drill baby drill." Truly pathetic.
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