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http://www.chron.com/disp/story.mpl/busi...09339.html

In other words, drill baby, drill. 04-cheers
I particularly get a kick out of those who say, "We don't need to drill, baby, drill. We can use natural gas instead."

Where do they think we get natural gas?
(01-12-2010 04:20 PM)Owl 69/70/75 Wrote: [ -> ]I particularly get a kick out of those who say, "We don't need to drill, baby, drill. We can use natural gas instead."

Where do they think we get natural gas?

There is plenty of plenty to run this place. That's the point. Let's do it. 04-rock
Is there enough to run this place? Probably not, although there is no way to know for sure until we look. Brasil certainly found a lot more than anyone expected once they start looking.

If not enough to run this place, is there enough to make a HUGE differrence? Yes, indeed, beyond a shadow of a doubt.

Long-term, we need to be on alternatives. Can we do a lot in the interim to make the transition better, and to keep our economy going until we get there? Absolutely.

Why, then, are we not doing it?

Brasil solved their problem with an "all hands on deck" approach. So can we, if we only do it that way.
I think the hard part is spending money on alternative energies that are simply not competitive while oil is cheap, which it continues to be (more or less), since we're still finding more oil. It just doesn't happen, which is why we remain so dependent on oil.
Don't get your shorts in a twist just yet, the liberals, environmentalists, fish huggers, etc will find a way to shut this down.
(01-12-2010 04:54 PM)smn1256 Wrote: [ -> ]Don't get your shorts in a twist just yet, the liberals, environmentalists, fish huggers, etc will find a way to shut this down.

I bet the "fish huggers" and the commercial fishing industry have a lot in common when it comes to oil drilling in their fishing areas.
(01-12-2010 04:52 PM)NIU007 Wrote: [ -> ]I think the hard part is spending money on alternative energies that are simply not competitive while oil is cheap, which it continues to be (more or less), since we're still finding more oil. It just doesn't happen, which is why we remain so dependent on oil.

Not really. When you read the articles (certainly one the other day talking about drilling in deep water oceans) they said the impetus was high oil prices.

So, finding all of this oil is only happening b/c of high costs.

More proof of the evil of capitalism...these greedy oil companies just turn around and use their profits to find more oil so they can make even more money! 01-lauramac2
(01-12-2010 05:36 PM)DrTorch Wrote: [ -> ]
(01-12-2010 04:52 PM)NIU007 Wrote: [ -> ]I think the hard part is spending money on alternative energies that are simply not competitive while oil is cheap, which it continues to be (more or less), since we're still finding more oil. It just doesn't happen, which is why we remain so dependent on oil.

Not really. When you read the articles (certainly one the other day talking about drilling in deep water oceans) they said the impetus was high oil prices.

So, finding all of this oil is only happening b/c of high costs.

More proof of the evil of capitalism...these greedy oil companies just turn around and use their profits to find more oil so they can make even more money! 01-lauramac2

Oil prices aren't that high. Sure they're higher than they were some time ago, but nothing like they were recently, well over $100 a barrel. I'm still paying less than $3 a gallon for gas. That keeps alternative energies uncompetitive, which is my point. And of course, since they've been able to keep finding profitable oil (at least at today's prices), the production is enough to keep oil prices from increasing too much.
I heard of these "Mother Lode" strikes many times. So I'm a little skeptical. Did that one in ND/SD pan out? I've have heard from my friends a exxon that they are quietly moving the bulk of their headquarter operations from Hou. to Singapore.
(01-12-2010 09:40 PM)SumOfAllFears Wrote: [ -> ]I heard of these "Mother Lode" strikes many times. So I'm a little skeptical. Did that one in ND/SD pan out? I've have heard from my friends a exxon that they are quietly moving the bulk of their headquarter operations from Hou. to Singapore.

Any multinational should be doing that today. It will soon be time for them to pull up stakes in the US. That will do wonders for our economy.
(01-12-2010 09:40 PM)SumOfAllFears Wrote: [ -> ]I've have heard from my friends a exxon that they are quietly moving the bulk of their headquarter operations from Hou. to Singapore.

Really? Because of taxes, unions or both? In order to save the jobs in Houston the state/feds should consider tax breaks like other states offer companies to either relocate to their state or to not move thus proving, once again, that lower taxes save jobs and benefit the economy.
(01-12-2010 10:32 PM)smn1256 Wrote: [ -> ]
(01-12-2010 09:40 PM)SumOfAllFears Wrote: [ -> ]I've have heard from my friends a exxon that they are quietly moving the bulk of their headquarter operations from Hou. to Singapore.

Really? Because of taxes, unions or both? In order to save the jobs in Houston the state/feds should consider tax breaks like other states offer companies to either relocate to their state or to not move thus proving, once again, that lower taxes save jobs and benefit the economy.

Not exactly sure about the motivations. Singapore is making it quite attractive i would assume. The Business Climate here in the US isn't what it used to be, Environmentalists gone wild.
(01-12-2010 04:25 PM)Owl 69/70/75 Wrote: [ -> ]Is there enough to run this place? Probably not, although there is no way to know for sure until we look. Brasil certainly found a lot more than anyone expected once they start looking.

If not enough to run this place, is there enough to make a HUGE differrence? Yes, indeed, beyond a shadow of a doubt.

Long-term, we need to be on alternatives. Can we do a lot in the interim to make the transition better, and to keep our economy going until we get there? Absolutely.

Why, then, are we not doing it?

Brasil solved their problem with an "all hands on deck" approach. So can we, if we only do it that way.
Yeah. Lets keep the price of oil down and wait for the transition. 03-banghead If you keep the price down, it makes the alternatives less viable thus taking much longer(or never) to come on line. But then again, this will keep your favorite gas guzzers on the market to keep you happy.
(01-13-2010 03:14 AM)RobertN Wrote: [ -> ]
(01-12-2010 04:25 PM)Owl 69/70/75 Wrote: [ -> ]Is there enough to run this place? Probably not, although there is no way to know for sure until we look. Brasil certainly found a lot more than anyone expected once they start looking.
If not enough to run this place, is there enough to make a HUGE differrence? Yes, indeed, beyond a shadow of a doubt.
Long-term, we need to be on alternatives. Can we do a lot in the interim to make the transition better, and to keep our economy going until we get there? Absolutely.
Why, then, are we not doing it?
Brasil solved their problem with an "all hands on deck" approach. So can we, if we only do it that way.
Yeah. Lets keep the price of oil down and wait for the transition. 03-banghead If you keep the price down, it makes the alternatives less viable thus taking much longer(or never) to come on line. But then again, this will keep your favorite gas guzzers on the market to keep you happy.

You don't pay attention, do you?

That might be your dumbest post ever. And that's quite an accomplishment.
(01-13-2010 06:45 AM)Owl 69/70/75 Wrote: [ -> ]
(01-13-2010 03:14 AM)RobertN Wrote: [ -> ]
(01-12-2010 04:25 PM)Owl 69/70/75 Wrote: [ -> ]Is there enough to run this place? Probably not, although there is no way to know for sure until we look. Brasil certainly found a lot more than anyone expected once they start looking.
If not enough to run this place, is there enough to make a HUGE differrence? Yes, indeed, beyond a shadow of a doubt.
Long-term, we need to be on alternatives. Can we do a lot in the interim to make the transition better, and to keep our economy going until we get there? Absolutely.
Why, then, are we not doing it?
Brasil solved their problem with an "all hands on deck" approach. So can we, if we only do it that way.
Yeah. Lets keep the price of oil down and wait for the transition. 03-banghead If you keep the price down, it makes the alternatives less viable thus taking much longer(or never) to come on line. But then again, this will keep your favorite gas guzzers on the market to keep you happy.

You don't pay attention, do you?

That might be your dumbest post ever. And that's quite an accomplishment.

It's drug induced mental confusion.
(01-13-2010 06:45 AM)Owl 69/70/75 Wrote: [ -> ]
(01-13-2010 03:14 AM)RobertN Wrote: [ -> ]
(01-12-2010 04:25 PM)Owl 69/70/75 Wrote: [ -> ]Is there enough to run this place? Probably not, although there is no way to know for sure until we look. Brasil certainly found a lot more than anyone expected once they start looking.
If not enough to run this place, is there enough to make a HUGE differrence? Yes, indeed, beyond a shadow of a doubt.
Long-term, we need to be on alternatives. Can we do a lot in the interim to make the transition better, and to keep our economy going until we get there? Absolutely.
Why, then, are we not doing it?
Brasil solved their problem with an "all hands on deck" approach. So can we, if we only do it that way.
Yeah. Lets keep the price of oil down and wait for the transition. 03-banghead If you keep the price down, it makes the alternatives less viable thus taking much longer(or never) to come on line. But then again, this will keep your favorite gas guzzers on the market to keep you happy.

You don't pay attention, do you?

That might be your dumbest post ever. And that's quite an accomplishment.

What's wrong with it?
(01-12-2010 04:20 PM)Owl 69/70/75 Wrote: [ -> ]I particularly get a kick out of those who say, "We don't need to drill, baby, drill. We can use natural gas instead."

Where do they think we get natural gas?

I think India in particular is looking to exploit methane from deep ocean as a substantial part of their energy strategy.
(01-13-2010 12:32 PM)NIU007 Wrote: [ -> ]
(01-13-2010 06:45 AM)Owl 69/70/75 Wrote: [ -> ]
(01-13-2010 03:14 AM)RobertN Wrote: [ -> ]
(01-12-2010 04:25 PM)Owl 69/70/75 Wrote: [ -> ]Is there enough to run this place? Probably not, although there is no way to know for sure until we look. Brasil certainly found a lot more than anyone expected once they start looking.
If not enough to run this place, is there enough to make a HUGE differrence? Yes, indeed, beyond a shadow of a doubt.
Long-term, we need to be on alternatives. Can we do a lot in the interim to make the transition better, and to keep our economy going until we get there? Absolutely.
Why, then, are we not doing it?
Brasil solved their problem with an "all hands on deck" approach. So can we, if we only do it that way.
Yeah. Lets keep the price of oil down and wait for the transition. 03-banghead If you keep the price down, it makes the alternatives less viable thus taking much longer(or never) to come on line. But then again, this will keep your favorite gas guzzers on the market to keep you happy.

You don't pay attention, do you?

That might be your dumbest post ever. And that's quite an accomplishment.

What's wrong with it?

The fact that he thought it constituted an attack.
(01-13-2010 05:40 PM)Owl 69/70/75 Wrote: [ -> ]
(01-13-2010 12:32 PM)NIU007 Wrote: [ -> ]
(01-13-2010 06:45 AM)Owl 69/70/75 Wrote: [ -> ]
(01-13-2010 03:14 AM)RobertN Wrote: [ -> ]
(01-12-2010 04:25 PM)Owl 69/70/75 Wrote: [ -> ]Is there enough to run this place? Probably not, although there is no way to know for sure until we look. Brasil certainly found a lot more than anyone expected once they start looking.
If not enough to run this place, is there enough to make a HUGE differrence? Yes, indeed, beyond a shadow of a doubt.
Long-term, we need to be on alternatives. Can we do a lot in the interim to make the transition better, and to keep our economy going until we get there? Absolutely.
Why, then, are we not doing it?
Brasil solved their problem with an "all hands on deck" approach. So can we, if we only do it that way.
Yeah. Lets keep the price of oil down and wait for the transition. 03-banghead If you keep the price down, it makes the alternatives less viable thus taking much longer(or never) to come on line. But then again, this will keep your favorite gas guzzers on the market to keep you happy.

You don't pay attention, do you?

That might be your dumbest post ever. And that's quite an accomplishment.

What's wrong with it?

The fact that he thought it constituted an attack.

Sorry, I'm slow today. RobertN said the same thing I've been saying more or less, that we never develop alternative fuels because they aren't competitive. They won't be competitive unless oil is higher, and oil won't be much higher if they continue to find oil in places that aren't too expensive to drill in. So it doesn't happen. It hasn't since the oil crisis in the 70s. It might take government incentives or mandates to get the research and development going at sufficient levels on fuels that are not competitive yet, to get them to the point where they are priced competitively.
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