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Fos News In 2008, President Doesn't Control Gas Prices, Anwar Drilling Would Not Do Crap


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Fox News or Bill O'Reilly do not speak for me. I speak for me. And *I* think we should do EVERYTHING we can to lower gas prices. That includes:

  • Encourage alternative energy (this seems to be the only part the president cares about)
  • Should have approved the keystone pipeline
  • While the environment is important, we should also drill as much as we can without significantly disturbing the environment. That includes ANWAR and the gulf. If I recall the area in ANWAR was like 1 square mile which sounds more than reasonable. \

The president is ONLY promoting alternative energy but we simply aren't ready yet to cut over to alternative energy fully yet. We will still be dependent upon oil for many more years. That said we need to do EVERYTHING we can to lower oil prices for the foreseeable future and stop being dependent on foreign oil as much.

Says the guy who posts endless Glenn Beck videos instead of his actual thoughts.

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Guest Deisel

Fox News or Bill O'Reilly do not speak for me. I speak for me. And *I* think we should do EVERYTHING we can to lower gas prices. That includes:

  • Encourage alternative energy (this seems to be the only part the president cares about)
  • Should have approved the keystone pipeline
  • While the environment is important, we should also drill as much as we can without significantly disturbing the environment. That includes ANWAR and the gulf. If I recall the area in ANWAR was like 1 square mile which sounds more than reasonable. \

The president is ONLY promoting alternative energy but we simply aren't ready yet to cut over to alternative energy fully yet. We will still be dependent upon oil for many more years. That said we need to do EVERYTHING we can to lower oil prices for the foreseeable future and stop being dependent on foreign oil as much.

The viable amount of Oil in the ground that we know of will last another 100 years or more. Thats roughly half the time we have been using it already. Its stupid to think we shouldn't use our own resources. Without automobiles, America needs 5 to 6 million barrells of oil per day. We have to alocate resources here and move towards alternatives, but you cannot Shrug off coal and oil for another 100 years.

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Drilling has increased since Obama took office. Any additional oil that is produced n the US will go to the world market, where US citizens already pay extremely low prices.

So, before you effect any change in your own life, you are asking the government to solve problems for you, even after they have either done what you are asking for, or facts show that what you are asking for will have no effect.

Stop begging the government to fix your problems and do something about them yourself.

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Guest Deisel

Drilling has increased since Obama took office. Any additional oil that is produced n the US will go to the world market, where US citizens already pay extremely low prices.

So, before you effect any change in your own life, you are asking the government to solve problems for you, even after they have either done what you are asking for, or facts show that what you are asking for will have no effect.

Stop begging the government to fix your problems and do something about them yourself.

We are asking the Govt to GET OUT OF THE F....ng way. They are killing this country and citizens of America deserve better leadership and a president who respects his country, NOT HATE it.

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Drilling on PRIVATE land has increased but drilling on PUBLIC land has actually decreased. Your statement implies that the government has done well to help the gas prices thus far but they have not.

The irony in your last statement is awesome!!

If the premise that drilling lowers prices, then how is it relevant where the drilling occurs?

What's ironic about my last statement? Perhaps you're assuming that I'm thinking something that I'm not actually thinking, or assigning someone else's argument to me that I'm not aware of?

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Drilling has increased since Obama took office. Any additional oil that is produced n the US will go to the world market, where US citizens already pay extremely low prices.

So, before you effect any change in your own life, you are asking the government to solve problems for you, even after they have either done what you are asking for, or facts show that what you are asking for will have no effect.

Stop begging the government to fix your problems and do something about them yourself.

People continue to miss the point that no matter how much we drill here, OPEC can and will control the price of oil by determining how much to drill. Unless we nationalize oil companies, the price of oil is computed by how much is out there in total and how many people are using it in the worldwide market.

If we nationalize it, are we going to make Exxon Mobil (for example) drill a pre-determined amount of oil, even if it means their profit will decrease in order to sell it at a certain price? Isn't that against free market principles? They can and will drill as much as they want to.

Furthermore, nationalization could bite us in the butt if other countries do the same thing and we no longer receive "foreign" oil.

Stop dreaming that opening up more land for drilling will do anything for oil prices.

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And he keeps repeating it like a broken record when it's one of the most ridiculous things I've ever seen posted on this mb. "Stop asking the government to..." Uhh, we're asking the government NOT to... rolleyes.gif

Not to do what? The premise of your argument is that the things you're asking the government NOT to do will lower prices. They are all things they're already NOT doing, or things that will have little to no effect on prices. You're just complaining without taking even the slightest responsibility for your own actions.
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Ridiculous argument. Is having more oil available close to home going to HURT oil prices? Get real. If it makes sense for oil companies to drill, let the drill. Government get out of the d*** way.

Why do you keep saying it will be close to home? Why would anyone sell it cheaply when they could sell it to any one of the countless countries who pay higher prices than we do?
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Because the net increase is minimal due to the decrease in drilling on public lands. Now, I'm not saying that drilling more WILL help with fuel prices as it is widely understood that OPEC controls the most production in the world. But in theory, opening more oil fields in the U.S. increases the world supply and due to speculators increasing the price based on supply, in theory, the price per barrel should lower.

The irony in your statement is that in one thread (depending on the subject) you robustly support government help and then in this one you say that people should help themselves and stop asking the government for help. The irony is thick.

I'm trying to make a pretty simple point. The irony is intentional.

When government intervention helps children and the poor, some call it socialism. When government intervention helps those same alarmists maintain an effortless and lazy reliance on cheap gas, then is it absolutely essential.

Those are simple facts gleaned directly from the actual statements made by people on this board.

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Ridiculous argument. Is having more oil available close to home going to HURT oil prices? Get real. If it makes sense for oil companies to drill, let the drill. Government get out of the d*** way.

In the video, the amount of oil we can reasonably drill would decrease oil prices.

By $1.44/barrel.

That is a pathetic amount. Remember that oil is a supply/demand commodity. China is increasing their oil consumption faster than we are, and their demand is driving up everyone's cost.

Start requiring new housing to incorporate solar panels and solar water heaters.

Consumers should buy more economical diesel vehicles now, and when the technology improves for hybrids or other non-fossil-fueled vehicles, be prepared to transition.

More nuclear power plants.

More mass-transit, hopefully also built on green technology.

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^^^ For the bazillionth time. Nobody is asking the government to do things for us. We're asking the government to ease up on drilling restrictions and GET OUT OF THE WAY. And you say the president has authorized more drilling but we haven't touched Alaska, possibly our biggest resource for oil. Your argument is ridiculous.

For those that forget the president has been hurting gas prices rather than helping his entire administration:

I know this is going to fall upon deaf ears, but the majority of the oil reserves is either in deep water or in the form of oil shale and tar sands, both of which are only worth extracting when oil prices are high due the high cost of extracting them, not to mention a very low return in terms of the energy you get from the investment put in to extract them, and both are high risk in terms of pollution (eg. The 2010 Gulf oil spill and any lawsuit against fracking). Likewise, the tar sands and what land reserves are left are typically on protected lands and to extract them would ruin the environments.

The fact is, what can be done to supposedly lower gas prices by tapping into new sources will only make a small dent as the methods that would do that are reliant on prices being high. Prices are rising due to peak oil production meeting skyrocketing demands as the West continues it's rise in needs while countries like China and India begin to modernize and demand more supply themselves. Production is struggling to meet demand and thus prices are rising. The only surefire way to immediately drive prices down is to nationalize the industry and set a low price, but that is also a horrible idea.

What needs to be done is to increase grants to universities and funding to programs like NASA to develop a practical system to make renewable energy alternatives and a way to make the shift to them as seamless as possible...

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Guest Deisel

I know this is going to fall upon deaf ears, but the majority of the oil reserves is either in deep water or in the form of oil shale and tar sands, both of which are only worth extracting when oil prices are high due the high cost of extracting them, not to mention a very low return in terms of the energy you get from the investment put in to extract them, and both are high risk in terms of pollution (eg. The 2010 Gulf oil spill and any lawsuit against fracking). Likewise, the tar sands and what land reserves are left are typically on protected lands and to extract them would ruin the environments.

The fact is, what can be done to supposedly lower gas prices by tapping into new sources will only make a small dent as the methods that would do that are reliant on prices being high. Prices are rising due to peak oil production meeting skyrocketing demands as the West continues it's rise in needs while countries like China and India begin to modernize and demand more supply themselves. Production is struggling to meet demand and thus prices are rising. The only surefire way to immediately drive prices down is to nationalize the industry and set a low price, but that is also a horrible idea.

What needs to be done is to increase grants to universities and funding to programs like NASA to develop a practical system to make renewable energy alternatives and a way to make the shift to them as seamless as possible...

Haven't seen you post much here Gibbons, but I would like to address a few things you've said. The tar sands are more expensive to extract from, etc. and at roughly $68 per barrell that comes into line as worthy. That puts gas prices roughly at $2.75 per gallon. We are almost double that price now in many places. The deep water sites wouldn't be drilled IF the Govt would allow the much easier shallow water sites to be drilled, of which there are 100's located and tagged. The govt.s restrictions have pushed drilling way off shore where its alot more dangerous and costlier.

We can develop alternatives, construct nuclear stations, develop solar, etc., all the while drilling here, developing a cleaner coal system, while NOT closing coal sites due to EPA regulations. We can have it all here and very quickly. We should, for national security reasons, make partnerships between the oil companies, gas providers to supply American needs at a sliding scaled price, and they would certainly jump at the offer cause of NOW they are being shut out and forced into harder, more risky ventures, not to mention the facts of shipping costs and offshore refinaries. Just my 2 cents.

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Ridiculous argument. Is having more oil available close to home going to HURT oil prices? Get real. If it makes sense for oil companies to drill, let the drill. Government get out of the d*** way.

Steve, you didn't answer my question about how we can ensure the oil companies drill enough to keep the prices low. They won't do it. They're working harder and spending money to earn the same amount of money if they do. Stop dreaming that OPEC won't match our increase barrel for barrel with a decrease to ensure they don't lose out. It's actually ridiculous to think that the oil companies or OPEC will cooperate.

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Haven't seen you post much here Gibbons, but I would like to address a few things you've said. The tar sands are more expensive to extract from, etc. and at roughly $68 per barrell that comes into line as worthy. That puts gas prices roughly at $2.75 per gallon. We are almost double that price now in many places. The deep water sites wouldn't be drilled IF the Govt would allow the much easier shallow water sites to be drilled, of which there are 100's located and tagged. The govt.s restrictions have pushed drilling way off shore where its alot more dangerous and costlier.

We can develop alternatives, construct nuclear stations, develop solar, etc., all the while drilling here, developing a cleaner coal system, while NOT closing coal sites due to EPA regulations. We can have it all here and very quickly. We should, for national security reasons, make partnerships between the oil companies, gas providers to supply American needs at a sliding scaled price, and they would certainly jump at the offer cause of NOW they are being shut out and forced into harder, more risky ventures, not to mention the facts of shipping costs and offshore refinaries. Just my 2 cents.

I just want to start off by responding to the bold part. Clean coal is a misnomer. In the "clean" coal systems, all they do is capture the smoke and then pump it into underground shafts much like how nuclear waste is buried in salt mines. It isn't really clean, it's a "we'll figure it out later" method. If you really want a cleaner national energy grid system then ideally we should be done is to invest heavily in methods to make thorium use more practical; It is essentially nuclear energy, but has a vastly lower risk of meltdown than uranium and plutonium and has a more plentiful supply. In essence, it has the potential to be safer and cheaper than the current nuclear power system. Alternatively, and I know this won't work everywhere in the country, we could do what Israel has done and set up a national program where solar panels are set up on residential households and complexes so they produce their own energy and saving them in terms of cost in the long run.

Anyway, back to gas prices. The thing with what you are suggesting is that, 1) It takes years to get the infrastructure set up to extract those resources and, 2) They're still dependent on high oil prices. It will take years to get limited supplies to lower the prices and when they can be extracted they still will not drive prices that far down. Likewise, the Keystone PL will take at least a decade to construct. There are no quick fixes to this and what solutions that have been put on the table are little more than crutches that are highly destructive to environments and the toxins often seep into water supplies.

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Why do you keep saying it will be close to home? Why would anyone sell it cheaply when they could sell it to any one of the countless countries who pay higher prices than we do?

Because Steve and Snake want the oil companies to be forced to sell it domestically for cheaper. In short, Steve ans Snake want socialism so they can drive their gas guzzlers. BEGGING the government to take responsibility for them.

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