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Old 05-09-2007, 12:43 PM
 
Location: Michigan
29,391 posts, read 55,623,751 times
Reputation: 22044

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WASHINGTON (Reuters) - The U.S. Senate's top Democrat on Tuesday accused big oil companies of shutting down refineries temporarily to raise gasoline prices and rake in"obscene profits."

Gasoline prices have topped $3 a gallon at service stations across the country because several oil refineries are offline due to maintenance or accidents, reducing gasoline production and making fuel supplies tight.

"It's outrageous ...Isn't it interesting every year about this time, a refinery goes down for repairs," said Senate Democratic Leader Harry Reid of Nevada.

http://www.reuters.com/article/polit...ype=RSS&rpc=22
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Old 05-09-2007, 12:54 PM
 
14,994 posts, read 23,909,120 times
Reputation: 26534
Hey Harry Reid, isn't it also interesting that you are preventing the increase of national oil production by voting against drilling for more oil in the arctic national wildlife?
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Old 05-09-2007, 12:58 PM
 
Location: SE Alaska
959 posts, read 2,362,341 times
Reputation: 460
Quote:
Originally Posted by Dd7I4 View Post
Isn't it also interesting that the democrats are preventing the increase of national oil production by voting against drilling for more oil in the arctic national wildlife?
YES!! Thank you for stating...The ANWR drilling project should be started tomorrow. With today's technology and protections, there's every reason to believe the entire thing would have little negative impact on wildlife or the environment. Those who say there's not enough oil there to make it worthwhile are looking at undocumented, non-scientific information. We could spend the 30 years of independance on foreign oil that drilling in ANWR could provide working on alternative energy solutions that are practical and affordable for most Americans.
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Old 05-09-2007, 02:09 PM
 
5,110 posts, read 7,144,531 times
Reputation: 3116
Alternative energy and better vehicles should be "be started tomorrow"

Are you really naive to think that this drilling will lower prices?
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Old 05-09-2007, 02:25 PM
 
Location: Haddington, E. Lothian, Scotland
753 posts, read 759,551 times
Reputation: 175
Quote:
Originally Posted by Alaskagrl View Post
YES!! Thank you for stating...The ANWR drilling project should be started tomorrow. With today's technology and protections, there's every reason to believe the entire thing would have little negative impact on wildlife or the environment. Those who say there's not enough oil there to make it worthwhile are looking at undocumented, non-scientific information. We could spend the 30 years of independance on foreign oil that drilling in ANWR could provide working on alternative energy solutions that are practical and affordable for most Americans.
According to one site *advocating* drilling in ANWR, there are from 4.8 billion barrels to 30 billion barrels of recoverable oil in the proposed recovery area. (http://www.anwr.org/backgrnd/potent.html) Sure this may be undocumented, non-scientific [sic] information. But it's the information ANWR advocates are using to tell their story.

Further, according to the Department of Commerce, the United States imported 3.9 billion barrels of crude oil 2006
(see table on pg 2. of http://fpc.state.gov/documents/organization/68823.pdf)

My question is this: with proven recoverable reserves that would replace between 1 and 7 years of oil imports -- and even when making the highly unlikely assumption that US consumption will not increase -- how does this translate to 30 years of independence from foreign oil?
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Old 05-09-2007, 02:41 PM
 
Location: By the sea, by the sea, by the beautiful sea
68,333 posts, read 54,437,898 times
Reputation: 40736
Quote:
Originally Posted by JoeP View Post
Alternative energy and better vehicles should be "be started tomorrow"

Are you really naive to think that this drilling will lower prices?


Should've been started 30 years ago during the '70s gas crisis.
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Old 05-09-2007, 02:45 PM
 
Location: Hopewell New Jersey
1,398 posts, read 7,707,426 times
Reputation: 1069
Yup...and the same thing was said in the 70's....and yet here we are

Thank the tree huggers etc
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Old 05-09-2007, 03:13 PM
 
Location: By the sea, by the sea, by the beautiful sea
68,333 posts, read 54,437,898 times
Reputation: 40736
Quote:
Originally Posted by JBrown View Post
Yup...and the same thing was said in the 70's....and yet here we are

Thank the tree huggers etc


Wasn't tree huggers preventing develpment of alternative energy and more efficient vehicles.
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Old 05-09-2007, 03:22 PM
 
Location: The great state of New Hampshire
793 posts, read 3,123,110 times
Reputation: 457
Of course no mention from these politicans either about repealing any of the outrageous gasoline taxes, upwards of more than 60 cents A GALLON in some states. Minimum wage for all politicans is my new rallying cry. Bunch of worthless, two-faced hypocrites.
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Old 05-09-2007, 05:57 PM
 
Location: SE Alaska
959 posts, read 2,362,341 times
Reputation: 460
Quote:
Originally Posted by JoeP View Post
Alternative energy and better vehicles should be "be started tomorrow"

Are you really naive to think that this drilling will lower prices?
Mis-quote of my post, by the way. Anyway...Why wouldn't it lower prices, at least temporarily? Demand, meet domestic supply. It would do a lot more good than just lowering gas prices, as well...see rest of my post.
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