Posted on 07/03/2008 4:45:49 PM PDT by brwnsuga
We have done nothing on energy for years,now we are paying the price for that ignorance.
The answer of course to the entire energy debacle is to challenge the rats( who are using their surrogates the wacko enviros and their well heeled lawyers to do their dirty work),to literally do it all.
We simply challenge them to go for broke on wind, solar, bio diesel, nuclear and drill every where a drill will find oil regardless of where it is.
When they still decline for some idiotic convoluted reasoning, since what they really want is the destruction of the us and capitalism, then we can make them out to be the fools they are and hopefully some will be voted out in Nov. It's our best bet, only it takes a little guts for the critters to do it and keep on speaking out.
I doubt the impact would be as immediate or dramatic as you think. The prices for contracts are typically for the next month or two, and it will take a few years to bring these wells online. There will be an impact, and, over time, it would be beneficial for the price in relative terms, but it certainly would not cause someone with a contract due in 2 months to panic and sell.
At a dollar a gallon that would 6-10% gross profit from the sale of gas.
At $4.00 per gallon it's 2% or less.
Add in customer charges on credit cards at 1/1/2 -2% of total sale and the stations are going backwards.
Even the profit from all the other over priced stuff can't make up the difference in most stations. So many are getting out, going bust or like Exxon selling out.
When voters keep returning commies like Maxine Waters and John Conyers and Tom Harkin to office, it shows the voters are clueless just as the demcorat party planned them to be back when the democrap party started desrtoying the education system , in the name of ‘improving education in America’. Maxine even blurted out recently during hearings that ‘they would take over the oil industry’, meaning the democrap controlled government will take over private industry if it doesn’t tow their commie line! And yet that stupid b!tch will be re-elected every time she runs! The democrap party is a criminal enterprise with socialist intent.
I’m not sure I agree. Wouldn’t these same uber-speculaters currently trading unregulated in USA just continue to trade unregulated on British futures markets, where it’s apparently more lax?
obama may have to nationalize the refineries and the price of gas will go to double digits.
Remember all the independent gas stations years ago. They were all put out of business by the enviroterrorists/Congress forcing them to replace their tanks at $500K/pop. Put all but the bigs from staying in business. Now we have no competition.
If you like $5/gal, Thank Congress in Nov.
We really have to concentrate on areas that are not totally rat infested where the populace can still read and write and make some common sense.
The destruction of govt. schools has had major ramifications in the country no doubt.
One thing that is rather encouraging to me however is that many times when I take the time to explain things in a rational manner like drilling etc. to the average guy, much of the time they come around really quick and see the light. I know that won't happen everywhere but it is always worth a try.,p> I personally think that I have changed and influenced many minds simply by pointing out things that we take for granted here but elsewhere are huge secrets.
They(enviro rat lawyers) have effectively blocked every avenue on land and in the sea where one could drill and so far are getting away with it in the name of ecology not socialism.
What they are doing is a simple concept to tell and if we get it across to the public the rats will probably open up something somewhere, we just have to be persistent and LOUDDDDD!!!
GW should immediately take away the Presidential ban that his father installed years ago. That would be a great start.
“because it would take at least five years for oil production to begin.”
Oh I believe the line - my reply to it is - So?!?
7% production increase is a 7% decrease in imports. It means jobs HERE. Lots of jobs. If you increase the domestic oil supply - you ALSO need to increase the amount of refining done - more jobs NOT created by the government!!!
Back to the statements - I believe the basics that it takes 5 years to do the physical plant development and get the resources on line. I don’t agree with the conclusions.
We built the Panama canal, Hoover and other dams, concieved and built atomic weapons in just a few years, put a man on the moon in less than ten years, beat both the Nazi’s and Japanese in just a few years, we have spacecraft on the moon and Mars and outside the solar system and all of a sudden we can’t drill a few wells in less than ten to twenty years.
My guess is that within three years we could have oil flowing from some of them.
We can chant “yes we can” and educate the entire world no matter if they are illegal or not and now the chant is “no we can’t” drill a few holes in the ground.
The day we give the okay to drilling off-shore or in ANWR the price of oil will plummet. The mechanism that will do that is the futures market, the big bad speculators everybody likes to hate so much.
If it is going to take shouldn't we get started? Drill here, drill now, pay less |
Absolute bull crap - there are numerous fields that were discovered decades ago, off the coast of California, that have never produced a drop of oil, simply because D@mocrats (federal, State & local) won't allow it [ http://www.mms.gov/omm/pacific/offshore/ofrrpt.htm ]. Several of the fields are of "unusual size" (ala 'ROUSs' - and I kid you not, they're monsters). Production could commence in much less than a year, using floating facilities, if the D@mocrats would just get their sorry @sses out of the way (and out of the courts).
But, in reality, it will never happen - the D@mocrats (federal, State & local) actually prefer extremely high oil prices...
I posted this for discussion purposes. In this great land we have the right to speak, think, discuss, consider...that doesn’t necessarily mean I agree or disagree.
It took until 2005-2006 for the same loophole to be used to manipulate natural gas prices.
I think what has accelerated the rise of oil is due to the opening of the Dubai exchange in 2005.
A large volume of WTI futures are now traded in Dubai:
http://www.eyeofdubai.com/v1/news/newsdetail-23345.htm
They already are.
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