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Posted By jovial 1 year, 3 months ago in News

Energy 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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  • 100%
    jovial1 year, 3 months ago

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    McCain is turning gas prices into political gain and campaign money. Since 1990 the big oil companies have donated 220,000,000 dollars to political campaigns. The Republican party received 75% of that!

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      donald511 year, 3 months ago

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      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!

      Remember Cheney and Wolfowitz saying the Iraq oil would pay for reconstruction ... the repug lies continue!

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      • Neutral
        donald511 year, 3 months ago

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        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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      • 92%
        miklkit1 year, 3 months ago

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        We opened up the Gulf of Mexico to more drilling in 2006. What happened to gas prices?

        The republicons are bald faced liars.

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          bluetexasvalley1 year, 3 months ago

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          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.

          This was supposed to be a reply to fsev41. Another misplaced comment. ;-)

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          fsev411 year, 3 months ago

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          It has become obvious to me that big oil runs our country. We need desperately to reduce our need for all products related to oil . Plastics would be a good place to start. Gasoline is a given but we tend to forget the other things oil is part of.

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        • 83%
          Spadecaller1 year, 3 months ago

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          Who's running for office? The oil lobby?

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            miklkit1 year, 3 months ago

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            Yup! He's not called Exxon John for nothing.

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          • 83%
            alakazam1 year, 3 months ago

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            We need to Nationalize oil and set it's value at $1.00 a gallon. Black Gold...why not?

            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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            • 86%
              Lurch1 year, 3 months ago

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              It is our national resource. Ours as citizens of America.

              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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            • 90%
              not2needy1 year, 3 months ago

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              There's gold in them thar hills and the repubs want it all! That's what this is all about, nothing more nothing less.

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              • 86%
                alakazam1 year, 3 months ago

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                100 year leases in escrow? Isn't that the usual terms?

                Someone is trying to pad their nest.

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                • 86%
                  Lurch1 year, 3 months ago

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                  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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                  Shadowolf1 year, 3 months ago

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                  ...there's only ONE place the NeoConArtists DON'T scream "DRILL!!!DRILL!!!DRILLLLLL!!!

                  ...the dentists office...

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                  • Neutral
                    chevydog1 year, 3 months ago

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                    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:

                    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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                      simonsez1 year, 3 months ago

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                      Over 300 million vehicles, actually.

                      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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                        chevydog1 year, 3 months ago

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                        My (lowball) estimate was 300 million people at 4 people per family and 1 car per family. Don't have any basis on which to dispute you, but 300 million sounds high. Does that figure include trucks and other rolling stock? I could more easily believe it in that case.

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                          simonsez1 year, 3 months ago

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                          Chevy, Somewhere i read that we average 1010 vehicles per 1000 population while China averages 9 vehicles per 1000 population and the implications of that for the future. I don't remember where I saw it.

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                    • Neutral
                      simonsez1 year, 3 months ago

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                      We shouldn't do anything but talk about it. Alternative energy, thats the ticket!

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                      • 100%
                        Beau78901 year, 3 months ago

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                        1 million barrels per day?

                        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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                          chevydog1 year, 3 months ago

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                          I haven't done the calcs, but methinks that one could do a similar attempt for solar, wind, or other "alternates" and come up with pretty much the same magnitude numbers. Individually, none of these things is or has the likelhood to become significant. So we shouldn't try them? No, we should--where they work best.

                          Don't think that there is ONE solution that will get us out of this mess--that includes drilling, alternates, anything. Any time that that may have been true is long gone. There are a plethora of thigs that will have to be done; and IMHO someone that doesn't recognize that is working under a delusion. We've gone too long doing nothing but talk.

                          Alternates like wind and solar have always been cool among a certain group of people. But engineers have tended to distrust them because they're too diffuse and not reliable enough. So now we've got demo projects that seem to be viable; great, though in the case of solar, I'd feel much more comfortable if some were in places like Michagan or Illinois. But the largest solar generator I'm aware of is a 75 MW unit now approved for Florida. This is peanuts next to the garden-variety "conventional" 1000-1500 MW power plants that are now standard. So boost solar and wind if you like; they both have their own (limited) place. But many of us live in places where conventional supplies will be necessary for a looong time; no matter what decisions we may make now.

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                            simonsez1 year, 3 months ago

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                            We should and we are using alternatives, but we will need fossil fuel at least for 50 years.

                            It's good to read a responsible comment from someone and yours is ...

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                            • 50%
                              miklkit1 year, 3 months ago

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                              You want more oil? Stop exporting it. Alaskan oil never has and never will be used in the lower 48. The same goes for any ANWR oil. What about OCS oil? What makes you think it will be used here?

                              The good thing about all of the alternatives is that they are DOMESTIC energy. That means not imported. The fact that they have been suppressed doesn't mean they don't work. They are our future while oil is our past. Where do you live?

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                        simonsez1 year, 3 months ago

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                        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.

                        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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                          Dionys1 year, 3 months ago

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                          Because that's not how the oil market works. It's like a bathtub. All the world oil gets dumped in and they buyers buy from the big tub not knowing (or caring) where the oil comes from.

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                          • 0%
                            simonsez1 year, 3 months ago

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                            Right you are and OPEC sets the price, so the only thing that lowers price is over supply.

                            Is it unclear to you that if we buy it from ourselves, the money stays in our economy? Can't you understand that?

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                              simonsez1 year, 3 months ago

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                              I mis-read you comment ... that is not how it works.

                              It is priced like a bathtub, depending on quality, but it is shipped from the various suppliers and they receive payment for those shipments directly from the purchaser.

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                            simonsez1 year, 3 months ago

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                            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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