I've been reading and listening and several things have been presented.<br><br>#1 It's possible that Bush can lift that ban by executive order ... Sen. Barbara Boxer's office is investigating..<br>now you may ask IF he can, why hasn't he ? one word- Election ... if he does the GOP can kiss off several states like CA, OR, WA, FL ....and maybe some others. Those people do NOT want off shore drilling and I remember a couple of years ago Geo Bush was proposing offshore drilling including Florida and his brother Jeb was opposing it (while he was Governor). So there may be some truth to that rationale. <br><br>#2 Offshore drilling could put at risk the $60 billion tourist industry around beaches and in sensitive areas like Florida and CA.<br><br>#3 The oil company do have offshore leases they have not used yet... so why not use those they have leases on first ?? Duh !! <br>Question arises : are the Oil companies doing this just to get access to places they have wanted for years... and they figure if they screw the public, the public will scream, Washington will give the "knee jerk" response and they can have their way.<br><br> <br>Bottom line: this is all "Cigarette Company type BS" full of smoke and mirrors. <br><br>#4 It is possible we are reaching "Peak Oil". i.e. all the cheap stuff is gone.... maybe they see this is the last time to gouge us and keep the high profit margins before the real schitt hits the fan. <br><br>David (OFI)<br><br>PS. What amazes me is the politicians who are pimps for the oil companies never mention : alternative energy sources, consuming less oil/gas , driving slower, telecommuting, van pools, mass transit, raising the CAFE stds on cars, or the word "conservation". Cutting consumption would save millions of barrels, and reduce CO2. All they say is "Drill, Drill, Drill, Drill ! "
That will be the problem with enacting any alternative energy legislation and funding. Even if the next president has grand ideas, it will be the big oil lobbies and the politicos that are in their pockets fighting it.<br><br>It needs to be alternative energies that don't require something to produce them, such as wind and sun. It can't be any one thing due to environmental limitations, for example wind isn't everywhere, and abundant sunshine is not available everywhere.<br><br>Agricultural biofuels really aren't a good solution, that's for another thread though.<br><br>------>#1 - JD's Trivia game<br><br>------>#2 - MM-MCF Trivia game
Well<br><br>[color:blue]Those people do NOT want off shore drilling</font color=blue> - The band on drilling is about 27 years old now and a lot of shiit has changed since 27 years ago. Like 5 bucks a gallon for starters. You can bet on that the tree hugging cry babies are now wanting to drill again <-- back then the ban made sense but not today<br><br>1 - Oil rigs today are more technologically advanced then 27 years ago, simply safer and better then before.<br><br>2 - The rigs will be drilling some 60 miles off the coast out of sight of the tourist industry and as mentioned above todays rigs are more spill proof then before.<br><br>Still as mentioned before this is only a band-aid fix those wells too will run dry.. the real solution is cheap renewable energy.<br><br>
<blockquote><font size=1>In reply to:</font><hr><p>enacting any alternative energy legislation and funding. ... it will be the big oil lobbies and the politicos that are in their pockets fighting it.<br><p><hr></blockquote><p>I would think just the opposite, it will be the big energy corporations spun into a lobbying frenzy to grab as much control of the emerging new technologies. They know as well as anybody that "green" energy industries is where the money will be. It might end up being the defense industry corporate lobbists fighting alternative enegy funding. <br><br><br><br>
<blockquote><font size=1>In reply to:</font><hr><p>I would think just the opposite, it will be the big energy corporations spun into a lobbying frenzy to grab as much control of the emerging new technologies.<p><hr></blockquote><p>As long as they don't have to take the hit on research, which means it would have to be government funded, which would mean we pay the oil companies either way.<br><br>They've had decades to do something but haven't, so don't expect much from them. It doesn't fit their bottom line. My guess is things like solar and wind could be done much cheaper than the current options, and could also be done by much smaller companies. Big oil would not be able to make the same profits off of it as they do oil as it would be more competitive.<br><br>They will milk the current scheme and their outrageous profits as long as they can. Once the technologies get more widespread, and it's cutting into their bottom line, they will then be forced to join the alternative energy train.<br><br>We won't see a widespread change in alternate forms in our lifetimes. We'll see many new alternatives, but any widespread use will take a long time. Our energy infrastructure is too ingrained to change in a few years.<br><br>------>#1 - JD's Trivia game<br><br>------>#2 - MM-MCF Trivia game<P ID="edit"><FONT SIZE=-1><EM>Edited by Reboot on 06/19/08 00:59 AM (server time).</EM></FONT></P>
Humm<br><br>Not to sure the speculation is about 8 years with the worlds current consumption the now producing oil countries will run dry <-- even if they or we find new wells that too will run dry. Yes it will happen in our life time.<br><br>Soooo<br><br>Current oil reserves runs out in about 8 years<br>Cheaper renewable energy is about 10 to 15 years away<br><br>It takes 5 years to build new oil rigs and get them to the well and start producing oil for the end user - Its a mad dash for a band-aid approach but it will hold us over until that break through invention kicks in.<br><br>
Its 8 years for the known reserves that are in production or soon to be,, some say its maybe less like 3 to 4 years, left before all those countries are dry??<br><br>As for the yet to be discovered reserves , who knows its yet to be determined on how large are those wells if any will be found?? One thing is sure that Saudi has the worlds largest mother of a single well and no one believes a undiscovered well will even come close to its size. The possibility of having thousands of little bitty wells and the cost of drilling those will be extreme <br><br>
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