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*With all the larger oil reserves in the world, including Saudi Arabia, why focus on local drilling which doesn't go to "us" anyway?
*There is no oil shortage. Demand is low. The prices are due to Wall Street speculation and market manipulation.
*The oil companies are multinational with no allegiance to this country whatsoever. The U.S. is nothing nothing more than a milk cow to them. If America goes down the tubes, they won't even blink! America as a third-world nation is the dream of Republican oligarchs and a minor nuisance for Big Oil.
*There are three wars in progress, you're not concerned about the Republican-owned ones? They are bigger, and creatures of the corporate right, including oil companies. Many more Americans have died in these!
Haha the republican oligarchs? How stupid of a statement is that. You need to learn your history buddy! BOTH PARTIES have sold this country to the bankers and wallstreet. The democrats controlled this country for a LONG TIME! The put us through just as many wars and just as many impire building boondoggles as any Republican. The entire US government needs to abolsihed and reinstituted with third party, fourth party, fifth party representatives...........get rid of ALL OF THEM! Except for Ron Paul! And please for f'ks sake put James Traficant back on the democratic ticket!
With people like Traficant on the democrat ticket and Paul on the republican ticket we just might have a change to take back our country and liberty.
a barrel of oil produced here does not help the price of oil any more than a barrel of oil pumped from Saudi Arabia. This is as stupid as saying every oz of gold found in Alaska will make the price here cheaper than if its produced in China. NOT. This is the drill baby drill stupidity of the nascar right. Thats what you get for rotating your head in right hand turns for hours, rube syndrome.
What a condescending arrogant, head up your analpore, rant.
The important people in NASCAR are almost all engineers with advanced degrees in automotive engineering. You likely couln't hold a candle to Kenny Francis, Chad Knaus or other crew chiefs.
That aside. The biggest problem the US has is it doesn't have a coherent energy policy. It never has had one and still doesn't have one today.
If I have to show again how LNG could solve the entire problem to replace oil in 2 years, I will likely just save my next post and cut and paste it in response in oil threads.
Cars, trucks, homes, and coal fired gassification plants could have us off oil in two to five years. So why don't they do it?
BIG OIL IS IN BED WITH THE GOVERNMENT.
Obama, and most all other politicans, take BIG OIL campaign funding .. Then they turn around and get tax credits and susbsidies from the same government that blames them for gas prices. No big deal to them.
Politicians take the money to get elected from BIG OIL, and then dish out the blame for high gas prices on the oil companies, who get windfall profits when oil price spikes, which BIG OIL then turns around and recycles to the politicans to run their campaigns.
Can't you folks see a crooked game of three card monty when you see one? Wake up .
A) The U.S. doesn't have enough oil reserves compared to consumption.
Absolutely true. Still, doesn't it make more sense to drill here, than in some third world country? We create jobs in this country, ensure that environmental regulations are followed, increase revenue in the form of royalties paid to the federal government. And, we reduce the stratgic importance of the ME.
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B) The U.S. government has no authority to order privately owned oil companies to up supply. If Obama did that, the first thing the hard-right would yell is "Socialism!" Oil companies do what they do for their own self-interest.
The government can't order them to produce...but it could quit telling them NOT to produce. Moritoriums on drilling, bans off the coasts and the latest EPA shutdown off the coast of Alaska (after a company had invested some $4billion on exploration) are all things that we can control.
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C) The cause of the current high price is not lack of supply. I haven't seen a gas line in 30 years. Have you?
If that is indeed the case...why is Obama encouraging oil producing countries to increase supply?
Absolutely true. Still, doesn't it make more sense to drill here, than in some third world country? We create jobs in this country, ensure that environmental regulations are followed, increase revenue in the form of royalties paid to the federal government. And, we reduce the stratgic importance of the ME.
The government can't order them to produce...but it could quit telling them NOT to produce. Moritoriums on drilling, bans off the coasts and the latest EPA shutdown off the coast of Alaska (after a company had invested some $4billion on exploration) are all things that we can control.
If that is indeed the case...why is Obama encouraging oil producing countries to increase supply?
Have to spread the reps so this is the best I can do.
It is notable that the Bank's bipartisan Board unanimously approved the preliminary commitment to Petrobras on April 14, 2009, before any Obama appointees joined the Bank. In fact, at the time the Bank's Board consisted of three Republicans and two Democrats, all of whom were appointed by President George W. Bush.
a barrel of oil produced here does not help the price of oil any more than a barrel of oil pumped from Saudi Arabia. This is as stupid as saying every oz of gold found in Alaska will make the price here cheaper than if its produced in China. NOT. This is the drill baby drill stupidity of the nascar right. Thats what you get for rotating your head in right hand turns for hours, rube syndrome.
Nice rant, but you are completely wrong...
All our corrupt president would need to do is announce we are going to drill, and the price of oil would drop drastically overnight... One statement and the high gas prices are a thing of the past.. obama knows that, but that wouldn't destroy the country so he isn't interested...
We have more oil in this country that in Saudi Arabia, we just need some leadership from the top, which there has been none for two years now....
*With all the larger oil reserves in the world, including Saudi Arabia, why focus on local drilling which doesn't go to "us" anyway?
*There is no oil shortage. Demand is low. The prices are due to Wall Street speculation and market manipulation.
*The oil companies are multinational with no allegiance to this country whatsoever. The U.S. is nothing nothing more than a milk cow to them. If America goes down the tubes, they won't even blink! America as a third-world nation is the dream of Republican oligarchs and a minor nuisance for Big Oil.
*There are three wars in progress, you're not concerned about the Republican-owned ones? They are bigger, and creatures of the corporate right, including oil companies. Many more Americans have died in these!
Opec is restricting supplies. Mr obama's administration is not working with domestic producers to allow drilling. Demand is rising here in the us and world wide. Blaming "oil speculators" is lazy. Do some homework. Marx was a putz not even the communist chinese believe we need to fear businesses.
"the oil shortage created by the war in Libya" Oh you mean the one Obama is perpetuating?
Lets not drill here instead beg othe countries to do what we will not.. Typical Obama
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