Anne Korin 08/04/04 speech to YAF

cpsan via YouTube ^ | 08/05/08 | Anne Korin

[Huck]

This is Anne Korin speaking yesterday to the Young America's Foundation.

Did anyone else see this speech? I found it very persuasive. While she doesn't oppose drilling for oil as far as I know, she makes a very strong case that it won't solve our problem. I know that cuts against the grain right now. All the momentum is for drilling, and that's fine, but I ask you all to listen to this speech and see what you think.

Here are the links:

Part 1

Part 2

Part 3

Part 4

I think the person uploading this stuff is still uploading. Part 5-7 still coming but you can search for them to see the whole thing if interested.

[Huck]

This speech may cut against the current grain, but I found it compelling.

[Rick.Donaldson]

There is NO reason that drilling and bringing in MORE oil won’t lower prices. It might take a year or even three, but it’s called “free market”.

Good grief, higher demand means higher prices.

If you increase the supply, the PRICE DROPS.

No speech is going to prove that wrong.

Sorry. No, I haven’t listened, probably won’t.

Anyone who says that there are ‘compelling reasons not to do” something are simply lazy, ignorant people trying to get out of doing a job.

[Huck]

Sorry. No, I haven’t listened, probably won’t.

Lucky for me I already remember you. But you've proven yourself again. lol.

[Huck]

I would say you are a troll, or simply really stupid.

I just hit the abuse button. I take "troll" as a pathetic personal attack, which is against posting guidelines, especially coming from someone unwilling to even "read" (lol) the video. This was a speech to the conservative YAF.

[scory]

Starting work immediately to increase supply will certainly drop prices. But it is now obvious to just about everyone that to be completely dependent on oil as an energy source is short-sighted and unwise. So certainly there should be a determined push to develope other forms of energy to ease the pressure on oil. But it will take many years to come up with practical forms of alternate energy that can be applied on the massive scale needed. In the meantime it is foolish in the extreme to simply sit back and let supply stagnate while demand escalates. The pressures this creates on the economy are enormous and the hardships imposed on the citizenry are simply unacceptable.

Drill now. Build nuclear plants now. Offer real incentives to develope any and all alternate forms of energy. Be realistic in meeting targets. It will take decades to transform from a petroleum based economy to something else.

Prices are going remain fairly high even with expanded drilling. There will be plenty of reason to move to alternate energy sources. But to simply let prices skyrocket with the attendant economic and human costs is insane.

[Paradox]

he makes a very strong case that it won't solve our problem.

There is no single step that will solve our problems. But take enough steps, and eventually you get somewhere. I'm for putting it ALL on the table. You like Solar/wind/biodiesel/ethanal/greenie stuff? Fine, lets do that too. I insist on including Nuclear as well. Hydrogen? Yeah, fine, whatever! Personally, I think we should be doing Methanol, but that scares alot of people.

BTW, at least SOME of the oil costs are due to speculators, and they WOULD be influenced by new domestic drilling.

[Hacklehead]

“I just hit the abuse button. I take “troll” as a pathetic personal attack, which is against posting guidelines, especially coming from someone unwilling to even “read” (lol) the video.”

Lighten up Francis.

[Huck]

Lighten up Francis.

Oh don't you worry. I'm light as could be. And I'm lightly not going to be called a troll by someone who can't even be bothered to listen to the speech. It's the worst, most ignorant form of groupthink, but further, it's a personal attack, and those are against posting guidelines.

[calex59]

I don’t care if you hit the abuse button or not, if you are going to push not drilling then your head isn’t on straight, and if you want to fell it is a personal attack feel free. I also don’t care who the he** she was talking to, it is nonsense. We need to drill, we need to build nukes, both for electricity and for desalinization of water. We need to build new refineries, we need to get away from paying terrorist billions of dollars a year. If you don’t like that TS, hit the abuse button all you want, my statement still stands.

[nathanbedford]

Thank you for posting that interesting video. The practitioners of the zot in my judgment are ultimately the enemies of the proper and real destiny of FreeRepublic.

A principal thesis of Korin's argument is that merely drilling for oil domestically will not solve our strategic problem because as we add to supply, OPAC can be counted on to commensurately reduce their production.

This assumes that OPAC is a well disciplined body and it clearly is not. As it reduces its production to compensate for increased domestic American production, it will receive fewer petrodollars. So, we have already accomplished a significant goal which is to reduce the amount of dollars we're sending to totalitarian nations which subsidize terrorism. Next, as their production is reduced one can expect less wealthy, less Muslim, and less fanatical OPAC nations break free and resume production and even accelerate it to a maximum. That would require the remaining faithful OPEC nations to further reduce their production to compensate putting additional strain on marginally admitted OPAC producers to break free and maximize their petrodollar income. Eventually, the whole system will fly apart centrifugally

Thus we have created a virtuous circle instead of the vicious cycle which currently afflicts us.

There is much in her address that is insightful. For example, her emphasis on doing those steps which will have an immediate effect. Her desire to give the consumer choice. However, I believe she is misplaced in her emphasis on biofuels. Finally, although there is reason to believe that we are on the cusp of game changing breakthroughs with lithium ion batteries, I don't think we are quite there yet so that plug-in hybrids which also run on flex fuels, is an immediately viable option. She dismisses hydrogen as a transportation fuel but there is some reason to believe that the new breakthroughs in producing hydrogen cheaper, when electrolysis is powered by nuclear energy, might provide a viable alternative.

[Huck]

if you are going to push not drilling

But I'm not doing that, and neither is the speaker. But you wouldn't know that because you don't bother to listen. You offer a retarded knee jerk reaction proudly based on ignorance. Congrats. Meanwhile, this is a serious speaker offering intelligent insight into our strategic needs re: the war on radical islam. But again, you wouldn't know that because you don't even bother to get information.

[Huck]

Congrats. First and only intelligent post so far. I wonder if people wouldn’t just raise the price of alternative fuels to match the price of gasoline. She mentions it, but doesn’t go into how that would be prevented. Her ideas are market based, and the idea of having competing fuels is an interesting one. I also think her call for gubmint intervention is somewhat justified—that risk takers won’t invest in new fuels without some certainty that the infrastructure will be there to support it. We live in interesting times. Her very strong anti-militant islam stance makes her worth listening to.

[nathanbedford]

I am not sure that I'd buy her arguments about biofuels. Most of the authorities seem to be pretty clear that Bay have driven up the price of food stuffs and that food stuffs' inflation was "largely" due to these fuels.

[kpmuad]

I don’t think you understand what is going on. (at least what Korin says is going on) OPEC knows that when MORE oil is brought in, the price drops. So what do they do? Produce LESS oil. That keeps the price the same.

[marlinc]

With OPEC sitting on about 70% of proven reserves, it is curious to me that one could come to the conclusion that introducing all of our 3%(!) into the market would have the effects that proponents of new drilling tout as a sure thing.

I don’t feel that new drilling is such a bad thing but getting behind it thinking that its going to ease any pain at the pump is naive (no offence intended), we simply don’t have enough leverage to effect a big/permanent movement in the market.

I do think that the push to drill now is an attempt to get oil out of the ground while its at record highs. After all, it will go on the world market at current prices and not into some imaginary tank that Americans could use to fill up at a significantly reduced price.

We are in an oil crisis. It seems though that there are others in the energy business that are jumping aboard claiming that we are in an “energy crisis” in order to capitalize on the fervor, namely the nuke fans. We need to address how we fuel transportation in this country not how we produce electricity. As Anne states; (http://foreignaffairs.house.gov/110/kor052208.htm) only 2% of electricity in the US is generated with oil and as she points out;The Department of Energy estimates that over 70 percent of the U.S. vehicle market could shift to plug-in hybrids without needing to install additional baseload electricity-generating capacity.”

[scory]

My reading on this matter indicates that we don’t know how much oil is available to us as there has been little or no exploration done in the last 40 years and what was done before that made use of older technology that has been significantly surpassed since then.

The fact that starting with Bush rescinding the executive order on drilling coupled with significant pressure to open up drilling by the public has resulted in a fairly significant drop in the price of oil ought to count for something. When it comes to markets psychology counts for more than a little.

My post stated that EVERY source or potential source of energy should be explored and developed.

To sit back and explain how it is futile to try to handle this by every means available is flat out nuts. If there is one thing human beings have proven in the past couple of centuries it is that when it comes to technology there is almost nothing that cannot be accomplished IF they put their minds and wills to doing it.

I am quite certain that those opposing opening the OCS, ANWR or any other areas where oil may be located and may be plentiful are bucking a tide that will not be halted. At $4 a gallon people are hurting but not desperate. When the price hits $5, $6 or higher they WILL become desperate and they will not tolerate anyone refusing to go and get what they demand. The democrats are about, I think, to learn a great lesson.

[neonewbie]

Huck,

If you listened to her speech, rather than just blast your opinions, you might realize WHY drilling for more oil will NOT reduce prices...

If we produce more, OPEC produces less - this is not a free market - there is a cartel controlling it... OPEC controls 75% of the worlds oil reserves - this market is anything BUT FREE!

In the last 30 years OPEC production has gone from 30 mbd to 32 mbd - meanwhile non-OPEC production has DOUBLED.

maybe you should educate yourself and listen to this amazingly intelligent woman.

[neonewbie]

very cool Huck, thanks for posting - I found this article searching Google - for those of you not willing to sit through the video you may wnat to read this quick synopsis...

http://news.muckety.com/2008/08/06/anne-korins-profile-is-rising-with-the-price-of-crude-oil/4442