Start Drilling!!!

April 30th, 2008 Posted By drillanwr.

1

I get so tired of the anti-oil people arguing there isn’t enough oil under our own ground to make a difference … when that’s bullshit.

I also have been shouting for weeks that if we begin to make a serious attempt to drill on our own soil OPEC and the markets would be pissing their pants, and you would see the price come falling down.

Senator Kay Bailey Hutchison (R-Tx) made THAT very same point today on Fox News Channel.

(WaPo)

By Robert J. Samuelson

What to do about oil? First it went from $60 to $80 a barrel, then from $80 to $100 and now to $120. Perhaps we can persuade OPEC to raise production, as some senators suggest; but this seems unlikely. The truth is that we’re almost powerless to influence today’s prices. We are because we didn’t take sensible actions 10 or 20 years ago. If we persist, we will be even worse off in a decade or two. The first thing to do: Start drilling.

It may surprise Americans to discover that the United States is the third-largest oil producer, behind Saudi Arabia and Russia. We could be producing more, but Congress has put large areas of potential supply off-limits. These include the Atlantic and Pacific coasts and parts of Alaska and the Gulf of Mexico. By government estimates, these areas may contain 25 billion to 30 billion barrels of oil (against about 30 billion barrels of proven U.S. reserves today) and 80 trillion cubic feet or more of natural gas (compared with about 200 tcf of proven reserves).

What keeps these areas closed are exaggerated environmental fears, strong prejudice against oil companies and sheer stupidity. Americans favor both “energy independence” and cheap fuel. They deplore imports — who wants to pay foreigners? — but oppose more production in the United States. Got it? The result is a “no-pain energy agenda that sounds appealing but has no basis in reality,” writes Robert Bryce in “Gusher of Lies: The Dangerous Delusions of ‘Energy Independence.’ ”

Unsurprisingly, all three major presidential candidates tout “energy independence.” This reflects either ignorance (unlikely) or pandering (probable). The United States imports about 60 percent of its oil, up from 42 percent in 1990. We’ll import lots more for the foreseeable future. The world uses 86 million barrels of oil a day, up from 67 mbd in 1990. The basic cause of exploding prices is that advancing demand has virtually exhausted the world’s surplus production capacity, says analyst Douglas MacIntyre of the Energy Information Administration. Combined with a stingy OPEC, the result is predictable: Any unexpected rise in demand or threat to supply triggers higher prices.

The best we can do is to try to exert long-term influence on the global balance of supply and demand. Increase our supply. Restrain our demand. With luck, this might widen the worldwide surplus of production capacity. Producers would have less power to exact ever-higher prices, because there would be more competition among them to sell. OPEC loses some leverage; its members cheat. Congress took a small step last year by increasing fuel economy standards for new cars and light trucks from 25 to 35 miles per gallon by 2020. (And yes, we need a gradually rising fuel tax to create a strong market for more-efficient vehicles.)

Increasing production also is important. Output from older fields, including Alaska’s North Slope, is declining. Although production from restricted areas won’t make the United States self-sufficient, it might stabilize output or even reduce imports. No one knows exactly what’s in these areas, because the exploratory work is old. Estimates indicate that production from the Arctic National Wildlife Refuge might equal almost 5 percent of present U.S. oil use.

Members of Congress complain loudly about high oil profits ($40.6 billion for Exxon Mobil last year) but frustrate those companies’ desire to use those profits to explore and produce in the United States. Getting access to oil elsewhere is increasingly difficult. Governments own three-quarters or more of proven reserves. Perversely, higher prices discourage other countries from approving new projects. Flush with oil revenue, countries have less need to expand production. Undersupply and high prices then feed on each other.

But it’s hard for the United States to complain that other countries limit access to their reserves when we’re doing the same. If higher U.S. production reduced world prices, other countries might expand production. What they couldn’t get from prices they’d try to get from greater sales.

On environmental grounds, the alternatives to more drilling are usually worse. Subsidies for ethanol made from corn have increased food prices and used scarce water, with few benefits. If oil is imported, it’s vulnerable to tanker spills. By contrast, local production is probably safer. There were 4,000 platforms operating in the Gulf of Mexico when hurricanes Katrina and Rita hit. Despite extensive damage, there were no major spills, says Robbie Diamond of Securing America’s Future Energy, an advocacy group.

Perhaps oil prices will drop when some long-delayed projects begin production or if demand slackens. But the basic problem will remain. Though dependent on foreign oil, we might conceivably curb the power of foreign producers. But this is not a task of a month or a year. It is a task of decades; new production projects take that long. If we don’t start now, our future dependence and its dangers will grow. Count on it.


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61 Responses

  1. TBinSTL (just typical)

    You are so right. A friend of mine that works in the Bakken fields says that the USGS is intentionally understating the size of that find because they are afraid that it will tank the price of oil so dramatically that the companies that are developing it will get creamed. The drilling there is expensive but the tribes are building a refinery on tribal land so the EPA can’t fuck it up and most of the oil can be accessed from private land in states that want the jobs and revenue badly.

  2. Mark Tanberg

    But Drill we can’t touch that sacred ground that the nature folk have protected because that would defile the god they worship, which is the creation that our Lord created but they don’t want to admit He exists even though they worship what he made. Now doesn’t that make total sense.

  3. Giorgi

    One more time, lets repeat, the price of oil went up, thus the revenues of oil companies went up..i liked the previous article, where “little people” and venture companies, not big oil giants, should actively participate in the oil exploration from the old abandoned oil-wells, id rather see a farmer John getting payed not Exxon, or BP-Amoco, the Gov’t need to help finance the start ups oil companies and private ventures, it might give another shot at an “American Dream” to millions more…back where I’m from, there were plenty of old oil wells that needed only 30$ grand investment to reopen and for further drilling to reach the oil, and now those wells are generating about $2-3 million profit each from the oil they supply…then again these corrupt oil and auto makers WONT MAKE A FUEL EFFICIENT CARS, common, we put a man on the Moon and cant make an engine that gets 50-60 mpg, with all this technology at hand???? …and this way the Arabs and Chavez will loose the power to dictate the oil price, and will definitely limit their cash revenues that they use to buy weapons and support terror groups that are used use against us (the “Civilized world”)…give a little man a chance…power to the people!!!

  4. Tom in CO

    Well don’t forget the insane percentage our elected officials get from oil revenues. Sometimes it’s worse than the oil companies, but no one ever reports that.

    Honestly I don’t care if Exxon or whatever NA company owns the oil. As long as it ain’t funding terrorism and follows free market capitalism, it’s all good. The rich get richer, good for them!

    So why is it that a trillion barrels of oil won’t make a difference?

  5. Old Sailor

    This is one reason that I think most Democrats (especially the enviro-wackies) are truly insane. They are so committed to their Leftist agenda that they cannot use common sense to solve real-world problems, like energy production using oil or nuclear power. People like that make good dog-catchers, but not much else.

  6. Steve in NC

    I have no problem with the Exxon Mobil raking it in if they are working with the essentially same mark up.

    I buy something for 80.00 a unit, at 10% mark I receive 8.00 per unit sold.
    I buy something for 120.00 a unit at 10% mark I receive 12.00 per unit sold.
    I am working with the same rate of return yet I have a 50% increase in profits. Now if I work at a lower rate of return what will my stock holders think?

    The lesson, keep your fucking socialistic hands off the production of oil and get out of the way.

    Oh and buy some Exxon Mobil stock.

  7. Mike Mose

    By drilling domestically, we would grow an American economy and add value to the dollar. More good paying jobs.

    Another reason oil company profits are high are they sell more oil every single day. More today than yesterday, demand never goes down.

  8. Bob P

    Right on Steve!

  9. Erik Marsh

    Another point in high gas and diesel costs that isn’t brought up is the added expenditure for many of the “boutique” fuels that are produced across the nation. While there does have to be certain formulas for high elevation, high humidity, etc., the 30 or so blends that are done drive up refining costs extremely due to caustic additives, refinery switch-over and repair time, etc. Also, there is the problem of fuel imports. We currently import up to 20% of our gas and diesel supply simply because we have been unable to build newer and efficient refineries.

  10. John G

    DEMOCRAPS - “We gotta end tax breaks for Big Oil…blah, blah, blah….”

    From Marketwatch:

    ARCHER DANIELS MIDLANDS STANDS BY ETHANOL PRODUCTION

    “The Decatur, Ill.-based agriculture company is the country’s largest ethanol producer, spending millions of dollars on production facilities. At the same time, the industry benefited from about $3.2 billion in federal tax breaks last year, the biggest energy-related tax break ever, according to an April report from the Energy Information Administration.”

  11. Trialdog

    Arab oil producing countries and socialist/Marxist oil producing countries rely exclusively or dominantly on oil revenues they receive from us, other western nations, and China. They also control prices. They are and try to be pains in our ass. Putin is angling to join the dominant oil producing shake-down-the-U.S. cabal. Not only do we need to drill and refine our own oil, we need to release our engines of free market enterprise to totally dominate the world oil market. We will set the price. We will control the flow. Countries that do not liberalize to open up a diversity of marketable products will lose revenue and the ability to support their citizens. This is the economic front we need to open in the war on terror. We can do it. It will create good U.S. jobs. It would lower trade deficits, keep the dollar strong, and stabilize markets. It would be oh so American.

  12. SOC

    The American public is not going to take this shit from the oil companies much longer.

  13. Jeanet

    How about taxes :idea:

    The Dutch State receives about 30% from every Euro paid by the consumers.

    We call our cars; the milking cow.

  14. drillanwr (hembra blanca típica)

    :arrow: Jeanet

    How about taxes
    ———————————————————-

    There IS talk our government might give the American consumer a break from gas taxes …

    Can’t have the summer vacation hot-spots suffering because no one can afford to buy gas to get there and back.

    Anyhow, I would sacrifice such a gas tax break in favor of our Congress shutting the fuck up, going to their respective summer homes for three solid months and letting our military get the fucking job done in Iraq and A-stan … and maybe even start a new job in Iran … Might NOT have to, if my previous sentence were put into place.

  15. Irish Gal

    DRILL, DRILL DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL, DRILL :cool:

  16. Charles

    :arrow: SOC

    “The American public is not going to take this shit from the oil companies much longer.”

    Sure, blame the oil companies…

    When leftards start clamoring that the oil companies are raking in record profits while they’re squeezing us, consider this, from “Carpe Diem”: http://mjperry.blogspot.com/2008/05/exxon-income-taxes-set-all-time-record.html

    and this… http://mjperry.blogspot.com/2008/05/more-on-exxons-record-tax-payment.html

    The problem is not “big oil”, the problem is leftards and the dems running congress who are standing in the way of free markets.

  17. Jeff

    I am for drilling everywhere and anywhere oil might be found while at the same time, developing alternative power sources like solar panels on every rooftop. Several of our neighbors have them and they kick out a decent amount of power.

    Oh, and placing a 500 megawatt nuclear reactor in downtown Berkeley.

    I am also for legal reforms that would allow power companies to override local liberal hippie nonsense and build nuclear reactors anywhere they reasonably can, taking into account earthquake potential, water sources…etc.

  18. Goodbye Natalie

    I almost always agree with Samuelson as I do here, but there is one thing that our Congress could help do immediately and we wouldn’t have to drill one hole. And it would lower the price of crude even faster than even finding large reserves:

    Concentrate on strengthening the dollar. People like Soros and his slick buddies are now treating crude like the gold standard and should be treated as hostile. This latest increase has little to do with supply and demand and more to do with manipulation of the dollar. And as usual, millions of Americans are getting whacked on account of it.

  19. JadedSage

    I get sick and tired of administrations not investing money into alternative fuel sources like electric car technology. It would make drilling in Anwar unnecessary. The first thing is to get oil men out of the White House.

  20. Irish Gal

    JadedSage: Oh please. Democrats have run the policies of the country for the last 1-1/2 years. I pay $1.00/a gallon more since Democrats took over Congress. Get over the bullshit talking points. If you have a solution, give your input but pointing the finger at the White House is just being a pansy-ass….

  21. JadedSage

    Did I say anything about party? I’m talking about getting oil men out of the White House. I don’t give a crap which party starts an effective energy policy…McCain…Obama….Clinton. Just get one started.

  22. Irish Gal

    Your insinuation re the oil men in the White House says as always, its BOOOOOOOOOOOOOOOOOOOOOSHHHHHHHHHHHHHHH’s fault. Congress, I repeat Congress runs the country. The White House either signs or veto’s. Why don’t you tell Congress to stop naming post office’s and get an energy policy going. Yes, Congress….

  23. skh.pcola

    JadedSage [sic], you think “administrations” need to spend money developing alternative energy? For real? It is exactly that goddamned retarded, liberal, fuck-headed view that restricts development of alternative fuels. Anything that the government gets involved in gets screwed up.

    get oil men out of the White House.

    You are an ignorant, juvenile assclown. Grow the fuck up.

  24. alex

    this could be great if they actually do it then boycott iranian oil and just purchase from the saudis and iraq. im sure that would put a big dent in irans economy :smile:

  25. 83delta

    :arrow: Sage
    damn sage, recess is over, finish your milk and graham crackers and get back to your class.

  26. Tom in CO

    alternative energy is a load

  27. Rob

    The only way to truly develop alternate energy sources is to create the market for it. Remember Capitalism? Yea this is a capitalist state, not communist. That means limited government involvement, if any at all. Granted there should be incentives for the companies to invest in alternate fuels sources. And by that, I mean potential fuel. Ethanol will never be practical you put into it 50% more than you get out. So far hydrogen is our best alternative to oil, but we have yet to reach the level of technology needed to produce the fuel on a large scale. I say invest money in developing technology to allow mass production of hydrogen, and rape Alaska for the oil to use in the mean time. Face it, we’ll need oil for the next 50 or so years. Lets get cracking!

  28. Omri

    Wonderful. The Democrats are acting as if the laws of supply and demand don’t apply to gasoline, and the Republicans have no courage to find real solutions are are only interesting in postponing the problem instead of solving it. Since you lot can’t seem to understand simple math, I’m probably going to fail at explaining this to you, but here goes: when we exhaust our domestic oil sources, we will wind up importing 100% of the oil we use. By drilling ANWR now, the most we can accomplish is to stick our children with the fate of meeting that unpleasant day.

    This kind of procrastination is nothing short of cowardly. A curse on you and on the Democrats for not facing this.

  29. Goodbye Natalie

    JadedSage, you better hope “those corrupt oil men” stay in the whitehouse or you’ll be sitting with your thumb up your ass waiting to fill your tank at higher prices.

    Now on to more important things. There’s one “alternative” energy we should all be pushing for that the libs killed years ago and we foolishly let them because of one (truly overblown) scare called Three Mile. It’s called nuclear and about the only issue I can possibly think of where France has actually shown more wisdom than the U.S.

  30. Omri

    Goodbye Natalie , before praising the French for their nuclear policy, read up on the troubles they’ve gotten into by getting entangled in screwed-up African dictatorships where they buy their uranium.

  31. JadedSage

    Omri,

    We don’t have to depend on Africa for uranium.

    http://energy.cr.usgs.gov/radon/usaeu.gif

  32. Jeff

    Omri said: “Since you lot can’t seem to understand simple math”

    I get the math. In 1999 the power consumed by the US was 3.23 terawatts. Since then, that number has gone up. A large percentage of that power was generated by burning oil. For now at least, (maybe this has changed recently) oil is the cheapest and most efficient way to produce power. Until that changes, either through technological advances or economics, we will continue to take the path of least resistance…that being, burning oil.

    We will eventually find some other way to create energy but until we do, we either find and drill our own oil, or we pay billions and trillions to foreign countries for their oil. The third option is to stop using energy altogether but I don’t see that happening. Given the choice of drilling our own oil or paying some whacked dictator for his oil, I’ll take the former. The whacko’s all want to see us dead and they are more than happy to use our oil money to achieve that goal.

    Personally, I’d like to see NASA deploy an inflatable solar energy panel with a 10 square mile area. Collect energy from the sun, beam it down in microwaves to be converted and used. It’s secondary function could be as a directed energy weapon. Some goat fugger coming at you? Aim the 100 bazillion watt beam at his ass and fry up some bacon.

  33. Omri

    Jeff, if you take the choice to drill our own oil, it means your kids (and mine) will not have that choice and will have to pay that whacked out dictator. (Or go without energy altogether.) Any third option involving a new energy infrastructure involves deploying machines and materials, and that takes machine fuel. And until we have a use like that in mind for the oil in ANWR, drilling now and pissing it away on stupid crap is just plain unworthy.

    And cowardly.

  34. Jeff

    :arrow: Omri

    I agree with you, I think, except for the part about being cowardly.

    You’re saying we should keep that oil as a reserve? That would be nice if it were an option. But, that option is quickly being taken off the table by current pricing and the already bloated military budgets of the whacko dictators. Venezuela buying SU-27’s? What does a backward-ass country like that need with those fighters? It’s neighbors all fly Cessna’s.

    If we continue to pay extreme amounts of money to foreigners for their oil, you and I may not have any kids to worry about. Our economy will be ruined and we may have a radioactive hole in the ground where a few of our cities used to be.

  35. Goodbye Natalie

    before praising the French for their nuclear policy, read up on the troubles they’ve gotten into by getting entangled in screwed-up African dictatorships where they buy their uranium.

    Gee Omri,

    I think we should revert back to the horse and buggy. But then we would probably concern ourselves with the horse apples and respective nitrogen and uric acid laid on the land and the impact on the environment.

    What do you suggest we do? Grab a $200 pair of Nikes before its too late?

  36. Goodbye Natalie

    Like I said before, the jump from $80.00 bucks a barrel to $120.00 a barrel has little if anything to do with supply and demand and a lot to do with the weakening dollar and trading manipulation.

    You want $2.50 gas? Tell the Fed to quit printing money, forget the quick fix from homeowners and small businesses that were mortgaged to the hilt and let them whine while they take their lumps, and quit being so f*king namby pamby about shit.

    Here’s my message to the Sauds. You want our help covering your worthless asses? Then I suggest you stop the game playing, tell your buddies in OPEC they better get their act together, or we (that being the United States) are going to assist brother Obama into your palace. And that’s just for starters.

  37. Goodbye Natalie

    Shitte…me and Senator Kennedy.

    Make that Osama into your palace. On second thought, they’re one in the same. Obama, Osama who cares!

  38. Jeff

    :arrow: drillanwr

    Not to derail but I just noticed you posted this masterpiece. I leave for a couple of months to complete the bomb shelter and you get promoted. Grats!

  39. Giorgi

    :arrow: Steve in NC
    i hope that communist/socialist reference of yours was not intended for me …. there is nothing wrong with earning profits, after all the businesses are made for exactly that reason - to make profit…and the stock holders are sure happy…the whole thing about the free market economy is to get in the sector thats “hot”, as they say, so the more lucrative the business, more players are emerging in the market…im suggesting some new companies/conglomerates/coops-whatever should be formed for further exploring the abandoned and new oil fields in the US. its called market efficiency, and that will spawn many more private or family owned ventures that will put some cash in the pocket and some food on the table for thousands and even millions, thus stimulate economy that needs a recovery…im not really worried about the faite of the big companies cause the job creaton (new jobs) in this country is provided by the small/medium business.plus not depending on foreign oil supplies will drop the prices, as america being the major consumer of oil products will ease the supply of oil, worldwide. so yea, if im supporting start-ups (which are actually more profitable if you get an IPO stock - look at google) then i guess im a communist…

  40. steve m

    …For example, back in 1980, Congress passed the Energy Security Act, which led to the creation of something called the Synthetic Fuels Corp. (SFC). Lawmakers provided SFC with up to $88 billion in loans and incentives to get started (the equivalent of about $230 billion in today’s dollars) with the goal of creating two million barrels a day of synthetic oil within seven years.

    So why aren’t you putting SFC oil into your SUV right now? Well, it turns out that members of the Organization of Petroleum Exporting Countries didn’t appreciate the competition so they started bringing down the price of oil. From 1980, when SFC launched, to 1986, when it was shut down, oil went from more than $39 a barrel to less than $8 a barrel. Suddenly, synthetic oil didn’t seem so important anymore.

    In announcing the SFC’s closure, then-Energy Secretary John Herrington said that oil prices had simply dropped too low to make it a viable business.

    But the good news is that those economics don’t work anymore. The state of Montana, which is leading the synthetic fuel charge, says we can now make it for somewhere around $55 a barrel. That’s more than a 50 percent discount from what it costs to buy the real stuff.

    It’s the opportunity of a lifetime, a chance to use OPEC’s price gouging and monopoly against it.

    So let me be the big, dumb rodeo clown once again and ask the obvious question: Why aren’t we doing it?…

    the above was taken from the link here
    http://www.cnn.com/2008/US/04/24/beck.oil.prices/index.html?imw=Y&iref=mpstoryemail

    The interview w/the Gov of Montana was an eye opener. We could be making our own in addition to drilling more, and using a little less. Also, w/the Fed apparently done w/lowering the rates won’t this make commodities less attractive as the $ stabilizes?

    Also, from the Bank of England today http://www.bankofengland.co.uk/publications/news/2008/031.htm

  41. Jeanet

    Goodbye Natalie already mentioned it. Trading manupilation is a good part of the problems we are facing regaring the further highrise of gas-prices.

    The key-word here is; how to scare the world and benefit from it majorly. (Like the Gorackle did with his Incovenient Truth.)

    I hear a lot that the expanding economy and therefore the growing wealth of China and India has great influence as well. (Not only on gas-prices but on food as well.)

    This probably is partly true. But by creating such a cause, rather overestimating it, this will work in advantage of the stockmarkets, leaving lots of trading manipulators lick of their fingers.

    It’s a known fact that lots of crude oil gets bought only to have enough “in stock” to leave many countrys rather “operateble” when things realy get tough. Upcomming trouble with Iran could makes it worse. Or The Opec-countries find themselves not rich enough, only to cut back production a little more. This fright is what makes trading manupilators “very happy”.

    I also bet that the gas we pay a lot for originaly has been bought for much lower prices. Hence; some peeps are very happy and that could be the reason why alternative energy-recourses aren’t common yet. Those who held the goose that lays golden eggs……………

    I can remember back in the 70’s The Netherlands had an oil-crisis. “We” made some sheiks very unhappy. (Can’t even remember about what. :roll: )So, they shut down the oil-delivery towards us.

    Everybody got the same amount of coupons a week with which you could buy a rationed amount of gas. And on sunday, driving a car was prohibited. Kids would play on the free-way.

  42. Vehement

    It’s true there isn’t enough oil, not with the Jerry Curl coming back.

  43. emssmiley2002

    I know that this is a little off the subject but, this article gives a lot of weight to the Abiotic oil theory and really f*&%s up the theory of dead dinos, and plant life and a limited supply of “Fossil” fuels hear on earth. Just thoutgh Id throw it out there. http://dsc.discovery.com/news/2008/02/14/titan-oil-cassini.html :lol:

  44. emssmiley2002

    If this is a repost I apoligize. I dont mean to get to far off the subject but I found this article very interesting. I have always believed in the Abiotic oil theory and, well this proves it. Unless Trex weas on Titan. :lol: http://dsc.discovery.com/news/2008/02/14/titan-oil-cassini.html

  45. Kermit

    Drilling is now going on all over the U.S. The prices before were far to low for marginally productive areas along with newer technology in directional drilling. Often times older fields were pumped out far to quickly and ended up fracturing the formations trapping up to 50% of what would have been recoverable using today’s methods. With newer directional drilling techniques some of the previously unrecoverable oil and gas can now be tapped.

    What is known is that the area that produces 1/3 of U.S. production, offshore Louisiana is quickly becoming depleted and MOST of the wells will be plugged and abandoned in the next 10 years.

    The sad thing about losing the Louisiana Offshore production is that when the wells are plugged and abandoned the structures will also be removed and the fishing will go to hell. Everyone fishes next to the rigs and can catch enough to sink a boat if the limits were not enforced.

  46. Omri

    Funny thing, Goodbye Natalie. You can only imagine three options: living like the Amish, paying money to foreign dictators, or drilling more of our oil reserves.

    If we take option #3, our children will have to choose only between living like the Amish or paying money to terrorists.

    Do you not have any imagination about other options? Here’s a hint: during World War 1, nobody drove on Sundays. It’s called conservation. There are many, many ways to go about it. But instead of being citizens, you right wingers only care about being consumers now, and so that kind of thing is heresy to you.

    You’re no better than the left.

  47. Brian H

    TBinSTL;
    In pure financial theory, if that field was the dominant influence on prices, then the $/bl price would hover around the break-even point. When it dropped below, drilling would stop. When it rose again, drilling etc. would restart. Obviously lots of cross- and delay-factors interfere with that, but that’s the principle.

  48. Omri

    emssmiley2002 , there is methane on Titan because the place is cold enough for the methane to be liquid, and there is not as much oxygen.

    We’re not on Titan. Abiotic oil is as real as abiogenesis and phlogiston.

  49. franchie

    Omri, do ya know EPR ? that doesn’t need so much uranium than by the past. I didn’t hear so far that we had much trouble in Africa for getting uranium, (then could you provide me the info link ?) may-be soon when China will get her nuclear sites, that goes from now for 10 to 15 years to come ; though we have also another origin for it, I think it’s Noumea, otherwise, “La Hague” is specialised for the treatment of all the EU (may-be also from your country and Japan) used uranium sticks, that can be manufactured for EPR needs.

  50. Omri

    Franchie, for a link, to go your newswires and google Niger. And as for Noumea, how many years has that place had an insurgency? You’re right about EPR, it helps. But it would take herculean efforts to enable the US to sever all foreign entanglements, and just going nuclear won’t cut it.

  51. franchie

    ok , Omri, I did see the Niger problem, but comparating to the other sources of approvisionement that can be classed as a secondary source for France ; there are problems when you invest in a foreign country ; in the occurence that were irradiated workers, you can check the world wide there will always be people that don’t take precaution at work, especially in poor countries when there is a concurrence between the workers to get a job.

    now, see where we get uranium, you’ll be surprised

    http://www.francenuc.org/en_sources/sources_unat_e.htm

    Noumea, I was wrong, it’s aluminium ; yes there is a canak problem, so as in the different pacific islands, ask Bash !

  52. drillanwr (hembra blanca típica)

    :arrow: Jeff

    drillanwr

    Not to derail but I just noticed you posted this masterpiece. I leave for a couple of months to complete the bomb shelter and you get promoted. Grats!

    ———————————————————–

    :!: Thanks! :beer:

    Both Lftbhndagn and I are now Dollard’s “bitches” …

    Takes some of the pressure off Bashman …

    Dollard now has a regular ‘blogging harem’ … HEH!

  53. Omri

    Anyway, Franchie, if you want to point to things we can learn from France, you could also point to the street cars y’all are building everywhere, and the Velib, and things like that. I would love it if the US did that.

  54. Marc Stockwell-Moniz

    Drill in Anwar. Heck drill in Rhode Island. Drill anywhere we can.
    So the mooses and the meeces will have a pipeline near them. Good, it will keep them warm.
    Hey energy Department, wake TFU.

  55. Jeff

    Both Lftbhndagn and I are now Dollard’s “bitches”

    :cool: :mrgreen: :lol: :lol:
    Very cool, very cool :beer: :beer:

  56. Goodbye Natalie

    Omri,

    Do you not have any imagination about other options? Here’s a hint: during World War 1, nobody drove on Sundays. It’s called conservation. There are many, many ways to go about it. But instead of being citizens, you right wingers only care about being consumers now, and so that kind of thing is heresy to you.

    Here’s a hint for a sniveling little snot who hasn’t said a damn thing that made sense besides we ought to conserve. Frankly, you sound like an illiterate punk, probably living off daddy’s college fund after you flunked out in the 2nd year of your pursuit of a liberal arts degree.

    So you will be in the know the next time you post and show your ass again, I’ve been calling for conservation for years. I parked the SUV and only use it in an emergency or when I can’t carry an item in a sedan. I’ve been calling on mass transit where applicable, including writing letters to the editor of my home town telling them it is almost criminal we haven’t pursued this. I currently own a car running on NGL which is a pain in the ass but I do it anyway. I worked in the petroleum industry for 20 years and have forgotten more than you know. And if you would like to put that to the test, find an open forum and I’ll show your ignorance to the world.

    You, on the other hand, are an incessantly whining little shit and sound like you ought to be waving a banner for Code Pink. I’ll bet a thousand bucks you’re an American-hating, military-loathing slacker with an agenda. I’ll also bet you preach a real good game as in ‘it’s fer the children’ but you don’t do a damn thing to lift a finger for anyone but yourself. You’re probably a thief who’d steal his neighbor’s gas can given the chance. And oil price only became an issue in your small world since you’re maxed out the Visa card.

    Funny thing, Goodbye Natalie. You can only imagine three options: living like the Amish, paying money to foreign dictators, or drilling more of our oil reserves.

    Hey numbnuts. If you’d read up, you might remember it was me that suggested the nuclear energy. You, in turn, criticized that too and then can’t even remember doing so. That’s how fuckin’ dumb you are.

    Now, I hope I’ve made it clear that’s what I get from reading your insipid posts.

    And I’ll apologize to Bash, Pat and anyone else in advance for wasting your disk space but this Omri guy’s an asshole.

  57. Goodbye Natalie

    I can’t even get but half my posts to show anymore. WTF? I’ll try this again and keep it short for Omri in case the last one shows and because I’ll bet his Omri’s attention span is as deep as his thinking.

    Omri the limp dick makes this statement:
    Funny thing, Goodbye Natalie. You can only imagine three options: living like the Amish, paying money to foreign dictators, or drilling more of our oil reserves.

    Not four hours earlier, Omri the limp-wristed queer, makes this enlightened statement:
    Goodbye Natalie , before praising the French for their nuclear policy, read up on the troubles they’ve gotten into by getting entangled in screwed-up African dictatorships where they buy their uranium.

    Omri, your so enamored within your insipid thoughts, you’re too dumb to notice your own inconsistency. And I’m supposed to listen to your critique about solving the world’s energy crisis?

  58. Goodbye Natalie

    Great, I wait and now it shows…LOL

  59. Erik Marsh

    Within 30 days we lift the tariffs on Brazilian sugar cane and sugar cane derived fuels thereby increasing our ethanol output by 400% within 3 months without affecting food supplies.

    Within 2 years we can increase US output from the Gulf of Mexico by 20% through the lifting of drilling restrictions.

    Within three years we could increase Mexico’s output from the Gulf by 100% with development partnerships.

    Within 10 years we could have ANWR online and also 5-7 new refineries built increasing our domestic supply by another 20% (crude and refined combined) if Congress and the EPA would get out of the way.

    Within 15 years we could have the basics of Hydrogen fuel distribution infrastructure established. (Honda’s vertical fuel cell - as opposed to GM horizontal - is a viable technology for all but the coldest areas and you can even brew your own hydrogen at home)

    Within 20 years we could have 15-20 more Nuclear Reactors built freeing up our coal supplies to be used for CTL (coal to liquid) diesel. At this time we could also have Hydrogen conversion plants built adjacent to the reactors where the excess power that ALL reactors produce can be used for refining heavy water into Hydrogen on a mass production scale.

    Within 75 years our dependence on oil is probably reduced by about 60% and is now at a level that can be supported by the oil output of the US and Canada with synthetic products still available and viable to support emergencies, etc.

  60. deathstar

    [[Goodbye Natalie , before praising the French for their nuclear policy, read up on the troubles they’ve gotten into by getting entangled in screwed-up African dictatorships where they buy their uranium.]]

    Southern Utah is basically made of uranium.

  61. fan

    Erik has the right idea. Use the tech that we have to get the oil we know is there. Give capitalism the freedom to work towards the technology. After the easy oil, we have oil sands , oil shale and synfuel from coal. I saw on Glenn Beck, talking to a Dem gov of a midwest state, if synfuel from coal (known reserves of coal) we have 200 to 400 years worth available, I may have misheard. If true get all electric power from nuclear and then use the coal for synfuels. As stated before, the weak dollar and market manipulation has had a negative impact, but also demand is out stripping current supply. Drill, Drill, Drill

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