http://www.freerepublic.com/tag/offshoredrilling/ en-us Wed, 30 Dec 2009 23:41:45 GMT Focus Forum 15 http://www.freerepublic.com/focus/f-news/2417990/posts Richmond, VA) -- Governor-elect Bob McDonnell wants Virginia to become the first state on the Atlantic seaboard to explore and drill for oil. The Republican has sent a letter to Interior Secretary Ken Salazar, asking that Virginia be allowed to move ahead on offshore energy exploration. McDonnell cites an Old Dominion University study that concluded natural gas production would create hundreds of jobs and generate millions of dollars for the state. It's believed at least 500-million barrels of oil could lie off the coast of Virginia. WMAL http://www.freerepublic.com/focus/f-news/2417990/posts#comment Wed, 30 Dec 2009 23:41:45 GMT http://www.freerepublic.com/focus/f-news/2415107/posts Voter support for offshore oil drilling remains as strong as it was during last year’s presidential election, but many also continue to believe individual states should be able to stop it off their own coastlines. A new Rasmussen Reports national telephone survey finds that 68% of U.S. voters believe offshore oil drilling should be allowed. Just 20% oppose drilling for oil off the coast of the United States, with another 12% undecided. These numbers are virtually unchanged from findings just after Election Day in November 2008. Republicans and voters not affiliated with either major party favor offshore drilling much more... Rasmussen Reports http://www.freerepublic.com/focus/f-news/2415107/posts#comment Fri, 25 Dec 2009 23:03:41 GMT http://www.freerepublic.com/focus/f-news/2397107/posts Seventy-one percent (71%) of voters nationwide say they’re at least somewhat angry about the current policies of the federal government. That figure includes 46% who are Very Angry. The latest Rasmussen Reports national telephone survey finds that only 27% are not angry about the government's policies, including 10% who are Not at All Angry........ The data suggests that the level of anger is growing. The 71% who are angry at federal government policies today is up five percentage points since September. Even more stunning, the 46% who are Very Angry is up 10 percentage points from September. Rasmussen Report http://www.freerepublic.com/focus/f-news/2397107/posts#comment Mon, 30 Nov 2009 21:02:39 GMT http://www.freerepublic.com/focus/f-news/2384960/posts Has this been a trying decade for the average American, or what? It's bad enough that we've have had to cope with stagnant wages and tax increases at just about every level. But in the months ahead, we may have to deal with yet another nightmare: surging gasoline prices. Factors are lining up that could end up pushing gas prices back over $4 per gallon sometime next year. If you're already exasperated about prices at the pump, you're not the only one. Gasoline demand in 2009 has been comparatively low -- take 7.6 million Americans out of the workforce through... Dailyfinance.com http://www.freerepublic.com/focus/f-news/2384960/posts#comment Thu, 12 Nov 2009 20:30:38 GMT http://www.freerepublic.com/focus/f-news/2375015/posts The oil platforms provide an unusual artificial reef for advanced divers. Youtube 2:41 minutes http://www.freerepublic.com/focus/f-news/2375015/posts#comment Sat, 31 Oct 2009 00:56:08 GMT http://www.freerepublic.com/focus/f-news/2372671/posts U.S. consumers turned decidedly more pessimistic in October, according to a report released Tuesday, with households increasingly worried about job prospects. The Conference Board, a private research group, said its monthly Consumer Confidence Index fell to 47.7 this month, from a revised 53.4 in September, which was originally reported as 53.1. The current month's reading was well below economists' projections of 53.2, according to a survey conducted by Dow Jones Newswires. The downturn in consumer confidence at this stage of the recovery is to be expected, as it has occurred in previous recoveries (please see chart below), and does not... Seeking Alpha http://www.freerepublic.com/focus/f-news/2372671/posts#comment Wed, 28 Oct 2009 10:16:55 GMT http://www.freerepublic.com/focus/f-news/2371513/posts Ecology: The administration creates the mother of all protected habitats for a species whose numbers have increased since Al Gore's "An Inconvenient Truth." It's our hopes for energy independence that are drowning. When filmmaker Phelim McAleer, whose documentary "Not Evil Just Wrong" takes apart the myths of global warming, got to ask Gore a question at the annual conference of the Society of Environmental Journalists, McAleer brought up the nine critical errors in Gore's film "An Inconvenient Truth." A British court two years ago listed them and said they must be righted before the film could be shown in schools... IBD Editorials http://www.freerepublic.com/focus/f-news/2371513/posts#comment Tue, 27 Oct 2009 00:25:31 GMT http://www.freerepublic.com/focus/f-news/2371068/posts HA NOI — Three Vietnamese banks will jointly provide a loan of up to US$51 million to the PetroVietnam Exploration and Production Corporation (PVEP) to exploit oil and gas in the Ca Ngu Vang (Gold Tuna) oilfield. Under a credit agreement signed in Ha Noi on Thursday with the Viet Nam International Commercial Joint Stock Bank (VIB), Asia Commercial Joint Stock Bank (ACB) and the Sai Gon-Ha Noi Commercial Joint Stock Bank (SHB), the PVEP would use the five-year loan to pay for the development and exploitation of oil and gas at the oilfield, located southeast of Viet Nam’s continental... Vietnam News Service http://www.freerepublic.com/focus/f-news/2371068/posts#comment Mon, 26 Oct 2009 14:48:05 GMT http://www.freerepublic.com/focus/f-news/2366238/posts Politics: Move over, John McCain and Olympia Snowe. Lindsey Graham of South Carolina is fast becoming the Democrats' favorite Republican as he partners with John Kerry to push cap-and-trade through the Senate. Earlier this year, eight Republican congressmen made it possible for Waxman-Markey, the 1,400-page job- and economy-killing cap-and-trade legislation, to barely pass the House of Representatives. At the time it seemed dead on arrival in the Senate if it was brought up there this year. Once again, as with their medical plan, the Democrats seek to better the odds by putting a GOP hood ornament on a Democratic clunker.... Investor's Business Daily http://www.freerepublic.com/focus/f-news/2366238/posts#comment Tue, 20 Oct 2009 01:59:45 GMT http://www.freerepublic.com/focus/f-news/2366064/posts Oil enters the marine environment from human activity and natural seeps. A National Academy of Science study recently estimated that about 47 percent of the oil entering the marine environment is a result of natural seepage from subsurface reservoirs. The Gulf of Mexico is an area where such natural seepage occurs at a very high rate. Of the 200,000 metric tons of oil seepage that is thought to occur each year, about 150,000 metric tons escapes from the floor of the Gulf of Mexico. Geology.com http://www.freerepublic.com/focus/f-news/2366064/posts#comment Mon, 19 Oct 2009 21:56:33 GMT http://www.freerepublic.com/focus/f-news/2365981/posts Crude-oil futures rose Monday for an eighth straight session, ending at a new one-year high near $80 a barrel as a weaker dollar and rising U.S. stocks stirred more bullish sentiment among energy traders. Crude for November delivery gained $1.08, or 1.4%, to $79.61 a barrel on the New York Mercantile Exchange, MarketWatch http://www.freerepublic.com/focus/f-news/2365981/posts#comment Mon, 19 Oct 2009 19:59:59 GMT http://www.freerepublic.com/focus/f-news/2365919/posts Since taking office as the President of the United States, President Obama has encountered crisis after crisis. His next major crisis will be oil prices. Read full article... http://newsflavor.com/politics/international-relations/next-major-obama-crisis/ State_of_America http://www.freerepublic.com/focus/f-news/2365919/posts#comment Mon, 19 Oct 2009 18:37:02 GMT http://www.freerepublic.com/focus/f-news/2360986/posts Environment: With much of the world still feeling the sting from last year's oil shock, a group of federal scientists is encouraging Washington to limit offshore drilling. Its counsel would best be ignored. Citing harmful effects on marine life and oil spills in the Arctic, scientists from the National Oceanic and Atmospheric Administration are asking the Interior Department to "drastically reduce plans to open the coast to offshore oil and gas drilling," the Los Angeles Times is reporting. Their concerns are justified. Marine life is affected by offshore oil production, and spills do happen. The issue is how and to... IBD Editorials http://www.freerepublic.com/focus/f-news/2360986/posts#comment Tue, 13 Oct 2009 00:36:27 GMT http://www.freerepublic.com/focus/f-news/2357360/posts Oil prices rose above $70 a barrel Thursday in Asia amid a weakening U.S. dollar and mixed crude inventory data. Benchmark crude for November delivery was up 62 cents at $70.19 by midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract lost $1.31 to settle at $69.57 on Wednesday. A slide in the U.S. dollar has helped bolster oil prices, which are traded in the American currency. The euro rose to $1.4758 on Thursday from $1.4687 the previous day, and the dollar slipped to 88.30 yen from 88.60. Investors were also mulling mixed signals in... Timesonline.com http://www.freerepublic.com/focus/f-news/2357360/posts#comment Thu, 8 Oct 2009 06:07:12 GMT http://www.freerepublic.com/focus/f-bloggers/2356934/posts Two days ago, British newspaper The Independent reported that a secret cabal of oil-producing Arab states, Russia, and China had conspired to dump the dollar for oil trading, a move which would have seriously weakened our currency and influence abroad. Many publications picked up on this report, written by the notoriously unreliable Robert Fisk, and a round of denials promptly appeared from the named states. Left unexplained by Fisk and the Independent was how these same states, with massive holdings in the dollar (especially China), would benefit in the short or long term by attacking it. However, it once again... Hotair http://www.freerepublic.com/focus/f-bloggers/2356934/posts#comment Wed, 7 Oct 2009 18:31:28 GMT http://www.freerepublic.com/focus/f-chat/2351880/posts With its economy in the worst shape in decades, Florida has few places to turn. This probably means that the state will have to consider... OrlandoSentinel.com http://www.freerepublic.com/focus/f-chat/2351880/posts#comment Wed, 30 Sep 2009 20:39:18 GMT http://www.freerepublic.com/focus/f-news/2352055/posts On Thursday, Americans will mark the first anniversary of perhaps the most historic change in our nation's energy policy — a change supported by the vast majority of the American people — that came in the form of the Oct. 1, 2008, retirement of the congressional embargo on offshore energy exploration and production. This oil embargo, first imposed by Congress in 1981 as a rider on the Interior Department appropriations bill, was the official policy of the United States for nearly three decades, even as oil imports soared. Many Americans will never forget the summer of 2008: $4 gasoline, crude... IBD Editorials http://www.freerepublic.com/focus/f-news/2352055/posts#comment Thu, 1 Oct 2009 00:24:10 GMT http://www.freerepublic.com/focus/f-news/2350810/posts Energy: An amazing number of oil finds have been made this year, including the biggest in California in 35 years. If the world is running out of oil, why do we keep finding more of it? The mantra of the anti-drilling crowd has been that oil companies like to sit on their leases and the oil in the ground, hoping to drive up the price. They should use the leases they have or lose them, these critics say. They also like to add that the world is running out of oil so it doesn't matter anyway. Occidental Petroleum hasn't been... Real Clear Markets http://www.freerepublic.com/focus/f-news/2350810/posts#comment Tue, 29 Sep 2009 15:52:35 GMT http://www.freerepublic.com/focus/f-news/2350368/posts Energy: An amazing number of oil finds have been made this year, including the biggest in California in 35 years. If the world is running out of oil, why do we keep finding more of it? The mantra of the anti-drilling crowd has been that oil companies like to sit on their leases and the oil in the ground, hoping to drive up the price. They should use the leases they have or lose them, these critics say. They also like to add that the world is running out of oil so it doesn't matter anyway. Occidental Petroleum hasn't been... IBD Editorials http://www.freerepublic.com/focus/f-news/2350368/posts#comment Mon, 28 Sep 2009 23:48:14 GMT http://www.freerepublic.com/focus/f-news/2342808/posts Beachgoers play near Galveston, Texas, with an oil rig on the horizon. An oil company wants to drill off FloridaÂ’s coast. Oil drilling off Florida's coast means jobs and money, proponents say; questions remain By Craig Pittman, Times staff writer In Print: Friday, September 18, 2009 They appeared in the spring, a secretive group trying to upend Florida's longtime ban on offshore drilling by promising millions of dollars and hundreds of jobs.<snip>But rigs could go up anywhere else, he said. That would leave Citrus, Hernando and Pasco counties open, as well as more tourism-dependent Sarasota and Collier counties and... St. Petersburg Times (FL, not Russia) http://www.freerepublic.com/focus/f-news/2342808/posts#comment Fri, 18 Sep 2009 14:00:53 GMT http://www.freerepublic.com/focus/f-news/2331661/posts Energy Policy: Ignoring peak-oil Cassandras, BP has made another giant oil find in the Gulf of Mexico. We're not running out of oil. Our government just doesn't want us to look for it.The world is running out of oil and good riddance. That's the environmentalists' mantra. But since the first well was drilled near Titusville, Pa., 150 years ago, the prophecy has gone unfulfilled. Trouble is, those darn greedy oil companies keep finding the stuff. Oil has been produced in the Gulf of Mexico since the first well was drilled by Kerr-McGee Corp. in 1947. Some of the wells are... IBD Editorials http://www.freerepublic.com/focus/f-news/2331661/posts#comment Fri, 4 Sep 2009 00:28:33 GMT http://www.freerepublic.com/focus/f-news/2330316/posts BP said in a statement on Wednesday that it had made the find at its Tiber Prospect in the deepwater Gulf of Mexico. The well was drilled in Keathley Canyon block 102. Further appraisal will be required to ascertain the volumes of oil present, BP said, but a spokesman said the find could be bigger than its Kaskida discovery which has over 3 billion barrels of oil in place. The find highlights the potential in the Gulf of Mexico and bodes well for other exploration in the area, including at Royal Dutch Shell Plc's (LSE:RDSA.L - News) Great White field,... Reuters) http://www.freerepublic.com/focus/f-news/2330316/posts#comment Wed, 2 Sep 2009 14:33:21 GMT http://www.freerepublic.com/focus/f-bloggers/2330466/posts Last month there was much criticism over the fact that President Obama agreed to give Brazilian Owned Oil Company Petrobras up to $10 Billion Dollars to look for Oil off the Brazil Coast. This was especially disturbing when you consider that they Administration objects to the US Drilling off its own coast, which will work toward keeping the price of oil low and help wean us off foreign oil. Why would the POTUS pay for a foreign country to drill for oil but object to his own country taking advantage of his own country's resources? Payback. Last week Hot Air... Front Page Mag/Hot Air/ The Lid http://www.freerepublic.com/focus/f-bloggers/2330466/posts#comment Wed, 2 Sep 2009 16:50:48 GMT http://www.freerepublic.com/focus/f-news/2326471/posts Virginia House Speaker William Howell on Thursday urged the Obama administration to open a stretch of ocean off the state's coast to oil and gas drilling by 2011. Howell -- with other Virginia officials -- wants to lease exploration rights for 2.9 million offshore acres. Environmental groups oppose the move. Interior Secretary Ken Salazar earlier this year put at least a six-month delay on a Bush administration proposal to allow energy exploration in new areas off the U.S. coast. "Developing these resources would create thousands of new jobs in our commonwealth, arriving at the right time to assist in lifting... Washington Examiner http://www.freerepublic.com/focus/f-news/2326471/posts#comment Fri, 28 Aug 2009 12:20:21 GMT http://www.freerepublic.com/focus/f-news/2321341/posts President Obama has opposed any expanded oil drilling off American shores largely on environmental grounds, turning a deaf ear to conservative cries of "Drill, Baby, Drill." But now Obama may start hearing cries of "foul" after the U.S. Export-Import Bank promised Petrobras, Brazil's state-owned oil company, $2 billion in loan guarantees to help finance lucrative drilling off the shores of Rio De Janeiro. Some see a contradiction in an executive branch agency, independent but with board members appointed by the president, facilitating abroad the very kind of energy exploration Obama opposes domestically. Fox News http://www.freerepublic.com/focus/f-news/2321341/posts#comment Fri, 21 Aug 2009 16:33:23 GMT