Offshore Drilling

[Garrick]

Re: Offshore Drilling

if global demand continues to rise while we ramp up production offshore, the impact is going to be negligible. Doesn't necessarily mean we shouldn't do it, but we've got to figure out a bigger solution to the problem than just drilling for more oil...

i agree 100% other alternatives should be researched and put to good use. like you said, oil is still important though. will be for some time, me thinks.

[thesightless]

Re: Offshore Drilling

http://www.newsweek.com/id/146161

http://www.newsweek.com/id/146161

http://www.newsweek.com/id/146161

http://www.newsweek.com/id/146161

read dat,

[88Mariner]

Re: Offshore Drilling

Toasty, you're right. but you know what? They were saying that 6 years ago, too. 6 years ago, They were saying it would take 6 years for it to be worth while. And he were are, having done nothing. And so, by continually saying "it's going to take to long" is not a legitmate argument anymore. Particularly not when we need to focus on becoming more independent ourselves and particularly when shipping oil across seas is givng the alley-oop to the greatest environmental disasters we could cause just short of nuclear meltdowns.

I completely agree with you on the strategic reserves. If our tax money should go to anything, it should be about building more reserves and buying more oil at this price.

Runningman....i recommend sticking to reading books. economic books.

[thesightless]

Re: Offshore Drilling

im standing at my desk clapping.

^ are you kidding me? it isn't about running out of oil man. it is about becoming less dependent on foreign energy from the crazy middle east, helping our US economy and eventually lowering/stabilizing the prices of gas.

not to mention we are talking about offshore oil drilling, so the precious polar bears that everyone thinks are endangered won't be harmed. if something catastrophic happens, it happens. but it would be due to negligence. outside of the exxon oil tanker driven by a drunken negligent captain there have not been any catastrophic events due to oil drilling offshore. it is safe and does not harm the environment.

and please don't start with the oil company controlling everything bullshit. do you knw what a profit margin is? there is a huge difference between profit and profit margin. the oil companies are hurting just like we are. lord knows with the price of oil today, they aren't making a lot of money. if they can drill for oil, they stand to make some profit. so sue them! they are a freakin business and businesses try to make money.

[88Mariner]

Re: Offshore Drilling

Garrick: don't forget, the exxon was importing oil from the middle east at the time. silly how they want us to depend on ..er...foreign oil.

if you hate oil companies, i would think domestic drilling is the way to go...

[thesightless]

Re: Offshore Drilling

if you hate oil companies, stop driving

work locally, drink locally, RIDE A BIKE, carpool, etc.

and vote for bob barr.

[toasty]

Re: Offshore Drilling

Toasty, you're right. but you know what? They were saying that 6 years ago, too. 6 years ago, They were saying it would take 6 years for it to be worth while. And he were are, having done nothing. And so, by continually saying "it's going to take to long" is not a legitmate argument anymore.

You're not hearing me. I'm not saying "Let's not drill for oil." I'm saying that drilling for oil is not the answer to the bigger, ever growing problem -- we should be drilling where it makes sense to drill domestically, but it seems like a lot of people think that if only we could start drilling here, we'd all be living in a panacea and all of our problems would be whisked away, that drilling for domestic oil is the sole answer. That's enormously short-sighted, IMO. Drilling for oil has to be a part of a larger strategy to ween ourselves off of oil and onto alternative sources of energy.

My biggest fear with increased domestic drilling, off-shore or otherwise, is that it will lead us to be complacent as it pertains to other energy sources that will make us less reliant upon the most unstable part of the world. In the big picture, it's a stop-gap measure, not the solution.

[88Mariner]

Re: Offshore Drilling

of course it's not the end-all solution. the end-all solution is free energy.

but at least you agree we should start drilling domestically. even if it's not the sole solution to the greater problem, it is necessary to solve the greater problem. there are other necessary things to do, but saying drilling domestically is one of them and yet saying we shouldn't be drilling domestically is very confusing to me.

you think people are complacent about oil? people are always going to be complacent about important issues until it directly affects them. And, with you suggesting that domestic drilling will have a negligible effect, combined with the fact that this will keep people focused and active on the issue, i'm not seeing where domestic drilling will cause complacency.

[toasty]

Re: Offshore Drilling

... but saying drilling domestically is one of them and yet saying we shouldn't be drilling domestically is very confusing to me.

Is that directed at me? I looked back through the thread as a sanity check, and I don't see anywhere where I said that we shouldn't be drilling domestically. What I said is that that alone isn't going to fix the problem.

you think people are complacent about oil? people are always going to be complacent about important issues until it directly affects them. And, with you suggesting that domestic drilling will have a negligible effect, combined with the fact that this will keep people focused and active on the issue, i'm not seeing where domestic drilling will cause complacency.

I don't think people are complacent now, no, but right now we're under some serious pressure to do something to help our current situation as the price of everything goes up on a daily basis, literally. Worst thing that could happen, IMO, would be that we start doing off-shore drilling tomorrow, we see a modest drop in oil prices to some number that we would have found slap-yo-momma offensive 1 year ago, everyone starts high-fiving and stops trying to come up with a long-term solution, and then we find ourselves even more fucked than we are today when demand catches up in a year or so and we're out of options.

I don't want to lose the sense of urgency that we have now.

[88Mariner]

Re: Offshore Drilling

well, if it's more of an urgency that you need, my i recommend that we stop importing oil.

[88Mariner]

Re: Offshore Drilling

^ to add, i just read that as soon as bush started talking about drilling in the gulf, the price of oil for august dropped 9 dollars.

hell. we don't even have to drill. just get him to keep talking like that!

[toasty]

Re: Offshore Drilling

Worst thing that could happen, IMO, would be that we start doing off-shore drilling tomorrow, we see a modest drop in oil prices to some number that we would have found slap-yo-momma offensive 1 year ago, everyone starts high-fiving and stops trying to come up with a long-term solution, and then we find ourselves even more fucked than we are today when demand catches up in a year or so and we're out of options.

^ to add, i just read that as soon as bush started talking about drilling in the gulf, the price of oil for august dropped 9 dollars.

Well, to quote Winston Wolf, let's not start sucking each other's dicks quite yet. A $9 drop, a $19 drop, even a $49 drop takes us to a number that we would have been pissed to see a year ago when oil was below $75/barrel. We can't take our eye off the ball vis-a-vis the bigger problem because we've seen a modest drop in price in the short term. We still have to press ahead with the development of alternative sources of energy.

[runningman]

Re: Offshore Drilling

^ are you kidding me? it isn't about running out of oil man. it is about becoming less dependent on foreign energy from the crazy middle east, helping our US economy and eventually lowering/stabilizing the prices of gas.

not to mention we are talking about offshore oil drilling, so the precious polar bears that everyone thinks are endangered won't be harmed. if something catastrophic happens, it happens. but it would be due to negligence. outside of the exxon oil tanker driven by a drunken negligent captain there have not been any catastrophic events due to oil drilling offshore. it is safe and does not harm the environment.

and please don't start with the oil company controlling everything bullshit. do you knw what a profit margin is? there is a huge difference between profit and profit margin. the oil companies are hurting just like we are. lord knows with the price of oil today, they aren't making a lot of money. if they can drill for oil, they stand to make some profit. so sue them! they are a freakin business and businesses try to make money.

First of all I never said I hate oil companies. And I never even spoke about oil companies controlling everything. So I was curious if you wanted to discuss the topic or just be belligerent. Whatever help you sleep at night brother. Oil prices are up 500% since the bush administration has come in. Now I suppose that has nothing to do with Bush and has more to do with OPEC but what you have to understand is that your government is in control of everything that goes on in the entire western world. (I'm going to stop there)

Also a little history lesson here for you. Who started drilling in Saudi Arabia or the middle east for that matter?? Who brought the technology to do the drilling the middle east. Standard Oil brought that technology to the middle east and were making the majority of the profits. That company was split up by the US government and turned basically into Exxon Mobil. So without wasting more of my time educating you on how the oil gets here my point is that the oil coming from Saudi Arabia isn't foreign at all when the board members are US citizens on the Exxon Mobil board.

So don't be fooled by the propaganda of "Foreign Oil" it is no different then "smoking gun" that was used earlier to get you guys into that stupid war in Iraq which is also about oil. Also just so you know Corporations dictate new policies. Here is the article from Exxon Mobil's site explaining how Alaskan contracts have already been awarded even though the ban was lifted that same day.

http://www.businesswire.com/portal/site/exxonmobil/index.jsp?ndmViewId=news_view&ndmConfigId=1001106&newsId=20080714006192&newsLang=en

http://africa.reuters.com/world/news/usnWAT009780.html

Wow what are the odds the exact same day Bush lifts the ban the contracts have already been awarded to do more drilling in Alaska. Do you know how long that takes to work deals like that out?? Probably not but I will inform you it takes a very long time.

Also your asking me if I know what a profit margin is?? Listen junior I am very sure I have a better grasp then you of what business is all about.

[Lorn]

Re: Offshore Drilling

Also your asking me if I know what a profit margin is?? Listen junior I am very sure I have a better grasp then you of what business is all about.

It appears he is 2 years your senior.

[runningman]

Re: Offshore Drilling

Toasty, you're right. but you know what? They were saying that 6 years ago, too. 6 years ago, They were saying it would take 6 years for it to be worth while. And he were are, having done nothing. And so, by continually saying "it's going to take to long" is not a legitmate argument anymore. Particularly not when we need to focus on becoming more independent ourselves and particularly when shipping oil across seas is givng the alley-oop to the greatest environmental disasters we could cause just short of nuclear meltdowns.

I completely agree with you on the strategic reserves. If our tax money should go to anything, it should be about building more reserves and buying more oil at this price.

Runningman....i recommend sticking to reading books. economic books.

Thanks I will keep that in mind.

My recommendation for you would be to research more oil companies and big business so you can have a clue of what your talking about.