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Offshore Drilling Is Bogus

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Offshore Drilling Is Bogus

from JoeUser Forums

 

 

All the hoopla over ANWR, Arctic Ocean rights and offshore drilling is nothing but a ruse to delude the public into believing so-called energy independence will bring down the cost of gasoline and energy in general. Undisclosed is the oil industry’s motive that with the price of oil at an all-time high, profits will continue to grow like never before. There is no intention to ultimately reduce the price because there would be no incentive for the oil titans to explore for oil if they thought it would drop below $100 a barrel other than perhaps more easily accessible gas for domestic use.

Even as a ploy to threaten OPEC to increase supply therefore driving down the price of oil will not work as it did in the ’70s when Nixon and Carter called for energy conservation, brownouts and smaller cars inasmuch as China and India will more than offset US move to tap our continental shelf.

This noisy cry for offshore drilling is but a deterrent for getting back to basics of developing alternative energy.

 

Copyright © 2008 Richard R. Kennedy All rights reserved. Revised: July 31,  2008.

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supply politics
50,712 views 131 replies
Reply #126 from JoeUser Forums Top
Oil is here to stay; we just wish ironically and illogically there was less of it.


I'll make a bet with you. We meet back here in 200 years, and I bet you will eat those words! We will have moved on, probably out of necessity of price.

Is it a date? ;)
Reply #127 from JoeUser Forums Top
Sooner or later, we will have to find other sources of power, but oil isn't going anywhere anytime soon. We have over a trillion barrels, completely untapped, here in the US alone.

Drilling would bring down the price at the pump; as we saw a week or so ago, when Bush simply implied that he may, well, kinda sorta, y'know, maybe, wellllll.....maybe he'll rescind the order against offshore drilling. That's all he had to do, and prices dropped. Imagine if he actually did it.
Imagine if Darth Pelosi and her minions of evil, illogic and idiocy actually gave in and let us drill on a mere 2,000 acres of the 20 million-acre ANWR, or here in the Continental States, or offshore, or......what we need to do is vote in people who's hands won't be so firmly and deeply in the pockets of the Environmental lobby. That might not be so farfetched a thought as it seems; their 9% rating actually gives them little hope for November. And literally turning out the lights and leaving, rather than vote on a drilling measure, didn't much help their chances.
Castro's guests, the Chinese, are sucking oil out of the Gulf as fast as they can get it.
How much do you think they care about the environment?
No, we need to be drilling here, there and everywhere, and building new refineries to process it. Estimates are that gas could even drop back to a buck and a half a gallon. I don't know if I believe that or not, but I'd sure like to give it a try.
Elemental: Reforged
Reply #128 from JoeUser Forums Top
Oil is here to stay; we just wish ironically and illogically there was less of it.


Don't you mean YOU wish?  :LOL: 

Oil used to seep from the ground ruining property values and the economy, then some person learned to put it to good use.
Reply #129 from JoeUser Forums Top
Is it a date?


I don't have your faith so I'll probably have to stand you up, but I agree: oil will be a rare oddity in 200 years--such as nostalgic keroesene lamps and classic autos. ;) 
Oil used to seep from the ground ruining property values and the economy, then some person learned to put it to good use.


Many wish geologists never went to Saudi Arabia.
Reply #130 from JoeUser Forums Top
Many wish geologists never went to Saudi Arabia.


And how would that stop the oil from flooding the ground water in America?
Reply #131 from JoeUser Forums Top
I don't have your faith so I'll probably have to stand you up, but I agree: oil will be a rare oddity in 200 years--such as nostalgic keroesene lamps and classic autos.


hey! The Beer's on me! ;)