Mika: Offshore Drilling Wouldn't Lower Gas Prices for Ten Years

NewsBusters ^ | Mark Finkelstein

[Pharmboy]

Yep—she is dumb. Sometimes dumb can be cute, but not in her case. When Barnicle is on with her they have the two stupidest people in broadcasting on at the same time.

[chimera]

Meanwhile they say alternative energy is the solution, but no windmill is gonna power my Yukon!

If anything is going to take ten years (or more) to become available, it is so-called "alternative energy". This country has already spent years and poured billions into R&D for "alternative" energy, and today it still accounts for only a fraction of a percent of our total energy needs.

And how in the world are windmills going to have any effect on the price of transport fuels? Unless there is a large-scale development effort (which there isn't) to go to something like hydrogen or fuel cells or electric substitution, something that can be a transport agent for electricity, there is going to be zero effect of "alternative" fuels on gasoline prices, even after ten years.

[PapaBear3625]

The "10 year" canard we hear is based on statistics from the 1950's. Nowadays, we can get oil up and running much quicker. I seem to remember that the North Slope of Alaska oil was discovered in 1968, and production began in 1977. That's nine years under the most hostile conditions imaginable.

And if you look at the map, the ANWR site is just 80 miles east of the existing Prudhoe Bay site, which means the infrastructure is already in place. The people and drilling equiptment are already close by. The Trans Alaska Pipeline just needs an 80 mile leg constructed to deliver oil from ANWR. I think it would be more like 3 years from go-ahead to the first oil going into the pipeline

[Cletus.D.Yokel]

” The New Yorker put the caricature in question on it’s cover to help the messiah, and it has done nothing but hurt him”

I wouldn’t say that. When the MSM is talking about The Cover!, they are not talking about Obama’s energy policy, or his economic policy or any of his other political thoughts.

[McGruff]

She’s in a MENTAL RECESSION.

[LomanBill]

 

 Zbigniew "Darth" Brzezinski

 

Jimmuh Carter's National Security Advisor,

Creator of Al Queda

and

Obama Foreign Policy Advisor

[Lancey Howard]

Mika: Offshore Drilling Wouldn't Lower Gas Prices for Ten Years

That's what useless morons like Mika were saying ten years ago. I trust she's too stupid to see the irony?

[RightWhale]

How does that work?

[RightWhale]

Wegener’s restructuring announcement has driven the price of NYMEX crude down 6.80 to 138.38 today.

The mere threat of producing electric cars dropped the bottom out of the oil market. Congress has provided their usual ample assistance—none.