The Republican Energy Drill | American News Project »
Posted By jovial 10 months, 2 weeks ago in NewsEnergy is currently the most debated issue on Capitol Hill, and Republicans in Congress have seized the moment to stage a political coup, blaming Democratic resistance to expanded domestic oil drilling for high gas prices. Democrats have started to cave to some of the pressure. But would more drilling help anytime soon?
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jovial
Grew up In Brooklyn. Joined the Navy in 1976 stayed in 10 years. Aircraft Electronics tech. Worked for Major Govt. contractor then settled in California ...
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donald5110 months, 2 weeks ago
I like the story of the GS-14 who testified to the Dems on one of the Monday's when the repugs weren't working since Hastert had declared a 4 day work week. Anyway, she had refused to approve a 200 percent higher payment to Halliburton for gas brought into Iraq from Kuwait as the contract monitor. When she went TDY for a day an Army Lieutenant Colonel approved the Halliburton request. Returning, she protested and was fired! Lots of stories like this on sole source, unaudited contracts under the Bushies,,, to raise the cost of everything!
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Remember Cheney and Wolfowitz saying the Iraq oil would pay for reconstruction ... the repug lies continue! -
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donald5110 months, 2 weeks ago
McBush, as one of the Keating 5, illegally tried to get rid of federal regulation of the loan industry.... sound familiar?
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bluetexasvalley10 months, 2 weeks ago
I'm on a strict budget, but I am slowly replacing my plastic storage containers with Pyrex. Pyrex is a combination of glass and plastic, but it's a start.
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This was supposed to be a reply to fsev41. Another misplaced comment. ;-)
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davidhallstromComment removed: User banned.7 Replies
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alakazam10 months, 2 weeks ago
We need to Nationalize oil and set it's value at $1.00 a gallon. Black Gold...why not?
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This wouldn't require removing speculation...profit is profit.
Then retool some factories and steel mills for general domestic production.
Then stop borrowing money from China to pay people who spend all their money on products from China we could build ourselves. America was once noted for the Mastery of it's Craftsmen. Now factory after factory sits idle.
It's just not that complicated.
We can be a clean powered Industrial Nation. We have the Technology.-
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Lurch10 months, 2 weeks ago
It is our national resource. Ours as citizens of America.
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Why not just do what a business would do and outsource the activities of drilling through to selling at the pump? The govt should hold an online auction for all companies around the world willing and able to drill our oil. Cheapest service provider wins the contract. Repeat all the way down the supply chain.
This alone would drop the price of oil more than any Republican drill, drill, drill plan could ever possibly dream of reducing the price.
Which is exactly why no Republican and probably no Democrat would offer it as a solution.
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alakazam10 months, 2 weeks ago
100 year leases in escrow? Isn't that the usual terms?
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Someone is trying to pad their nest. -
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Lurch10 months, 2 weeks ago
they want all of the profits NOW. They could give a flying `f` about America or the future as long as they pocket all current and future profits NOW.
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Shadowolf10 months, 2 weeks ago
...there's only ONE place the NeoConArtists DON'T scream "DRILL!!!DRILL!!!DRILLLLLL!!!
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...the dentists office... -
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chevydog10 months, 2 weeks ago
Seems like we'll be stuck with a petroleum based economy for quite a few years yet; this almost no matter what we do. Wonderings:
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How many cars are on the roads? My guess is 70-75 million; this exclusive of trucks, equipment, or planes, which also need petroleum-derived fuel. If we decided today to replace all cars with Toyota-type hybrids, how long would it take? Seven, eight, or ten years in all probablity--even if all could afford new cars on that schedule (some can't).
Do we need new factories to produce these cars? Delays are possible here; plus the normal long construction times. Maybe cost- and schedule-wise they're pretty much the same as producing drilling platforms.
Maybe electric plug-ins are OK for urban areas. But what about rural or even ex-urban areas?
Has anybody even thought what kind of electric grid is needed to support say 100,000 electrics plug-ins recharging at once? Generally the grid has been designed for mixed residential and commercial loads. If the distribution requirements for recharging exceed capacity, a whole new grid may have to be constructed. Lots of potential bucks and pain here.
Then think about the batteries. What materials are needed for these, and how will they be produced? Might we be getting into a situation where instead of importing oil (with the well-noted complications) we'll be importing battery materials, with the same potential complications? Where does all the electric to charge them come from?
None of this should be construed as saying that we shouldn't do this or that. But everything, even "good" things, comes with a price attached. Here on Propeller I see lots of lively discussion on energy, usually using the same standard platitudes. But I haven't seen any serious musing posts on the implications of some of these decisions. At some point, if any of this is to be more than just talk, these kind of things will have to be approached.-
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simonsez10 months, 2 weeks ago
Over 300 million vehicles, actually.
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People don't seem to understand the scope of the problem. We grow an ANNUAL crop of corn on approximately 100 million acres. Where are we going to grow a DAILY crop of anything that will convert to 27 million gallons of fuel. How many millions/billions of acres will be required that we can harvest DAILY to make our fuel.
But you don't want us to drill 75 miles from Prudhoe Bay in a desolate area of ANWR that would give us 1 million bpd, probably within 3 years if we pushed..
Question ... what is the difference between burning new organic material instead of old organic material for fuel. They both release CO2.
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Beau789010 months, 2 weeks ago
1 million barrels per day?
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U.S. consumption of oil is predicted by the DoE's Energy Information Agency to be 20.08 million bpd in 2009. And that's a drop in consumption from today.
And world consumption is currently 86 million bpd. That one million bpd that you say we could get from ANWR would have NO effect on the price on the world market, which of course is where ANWR oil would be sold. The price would stay the same, and we'd get barely any more oil than we have now.
"Drill here! Drill now!" Yeah, that's gonna help.
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simonsez10 months, 2 weeks ago
It's not about price, it's about who gets the money. If we buy it from our-self, the money stays in our economy instead of a foreign economy.
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Saudi Aramco makes on the order of $200 billion per quarter profit! We buy oil from Mexico, Venezuela and Canada. Why not buy it from ourselves? -
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simonsez10 months, 2 weeks ago
It took the earth millions of years to make the fuel we use ... and you're going to replace it with an annual crop. Lots of luck.
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