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Old 03-09-2012, 12:13 PM
 
Location: Dallas, TX
31,767 posts, read 28,827,269 times
Reputation: 12341

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Quote:
Originally Posted by Taratova View Post
Any oil that goes on the market regardless where it goes , relieves the demand and thus creates lower oil prices.

If demand is met and there is a glut , there will be lower prices.
With high oil prices, one should conclude...
1- Demand is high
2- Supply is low

Facts show that the production has never been higher. Does that mean the demand we have today, has never been higher?
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Old 03-09-2012, 12:42 PM
 
Location: NE Ohio
30,419 posts, read 20,315,673 times
Reputation: 8958
Quote:
Originally Posted by Fox Terrier View Post
I agree with you; that certainly would have a profound effect, just not a good one for the earth.
Would you care to explain that?
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Old 03-09-2012, 12:44 PM
 
Location: Dallas, TX
31,767 posts, read 28,827,269 times
Reputation: 12341
Quote:
Originally Posted by nononsenseguy View Post
If we also opened up the ANWR to drilling and production, it would have an even more profound effect.
At what cost? For how long?
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Old 03-09-2012, 12:46 PM
 
Location: NE Ohio
30,419 posts, read 20,315,673 times
Reputation: 8958
Quote:
Originally Posted by aus10 View Post
Do you have some kind of crystal ball that none of the rest of us have? Unless YOU work for the oil companies you can't say for sure can you? The fact is, most everyone spouting the oil will be sold for foreign consumption are probably just sitting in their armchairs spouting off what they've read in some propaganda... Hell... those of us in the industry yet not employed by the gas companies themselves can't tell you with any certainty what will happen to that oil down the road by the time the line would be built... even if construction started tomorrow...
We do know one thing for sure; if we don't build the pipeline and we don't take the oil, China will.

However, it has also been reported that Warren Buffet's railroads will be happy to deliver the oil ... at greater cost, and with a nice profit for him.
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Old 03-09-2012, 12:48 PM
 
Location: Dallas, TX
31,767 posts, read 28,827,269 times
Reputation: 12341
Quote:
Originally Posted by nononsenseguy View Post
We do know one thing for sure; if we don't build the pipeline and we don't take the oil, China will.
China will... a reason why we must follow the rules and build the pipeline to the ports.
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Old 03-09-2012, 01:16 PM
 
855 posts, read 1,173,485 times
Reputation: 541
i'm still trying to figure out what's so wrong with lessening our dependence on a FINITE (meaning LIMITED) resource such as oil. Why shouldn't the US work more on rebuilding our infrastructure to accommodate trains and mass transit? It would lessen the density of many cities, decrease pollution, give people more options for affordable housing, and make the planet more livable for future generations.

I really don't get it. Do you want to milk the earth for all its worth and leave the problem for future generations to figure out?
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Old 03-09-2012, 01:17 PM
 
Location: NE Ohio
30,419 posts, read 20,315,673 times
Reputation: 8958
Quote:
Originally Posted by EinsteinsGhost View Post
At what cost? For how long?
It costs less today than it did 20years ago, and there is plenty of it.
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Old 03-09-2012, 01:26 PM
 
Location: Just transplanted to FL from the N GA mountains
3,997 posts, read 4,144,523 times
Reputation: 2677
Quote:
Originally Posted by chariega View Post
Why shouldn't the US work more on rebuilding our infrastructure to accommodate trains and mass transit?


While I don't disagree that rail and mass transit wouldn't help to lessen our use; it isn't some miraculous end all to our oil needs...........
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Old 03-09-2012, 01:27 PM
 
Location: Long Island, NY
19,792 posts, read 13,954,445 times
Reputation: 5661
Quote:
Originally Posted by chariega View Post
i'm still trying to figure out what's so wrong with lessening our dependence on a FINITE (meaning LIMITED) resource such as oil. Why shouldn't the US work more on rebuilding our infrastructure to accommodate trains and mass transit? It would lessen the density of many cities, decrease pollution, give people more options for affordable housing, and make the planet more livable for future generations.

I really don't get it. Do you want to milk the earth for all its worth and leave the problem for future generations to figure out?
1) Because it makes too much sense.
2) You will be competing against fuel companies that drop off luggage filled with cash to Congressfolk and Senators.
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Old 03-09-2012, 01:28 PM
 
13,900 posts, read 9,775,066 times
Reputation: 6856
Why is the oil industry making record profit and our output production is at record high? Does the GOP even attempt to fact check their arguments or do they just assume everyone doesn't have access to google?
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