Bush lifts ban on offshore drilling

Drop The Leash 10Drop The Leash 10 Posts: 7,011
edited July 2008 in A Moving Train
dont post here much but i thought this deserved recognition

http://www.cnn.com/2008/POLITICS/07/14/bush.offshore/index.html
I will be what i could be
Once I get out of this town


9/29/04;6/27/08;6/30/08;8/23/09;08/24/09;5/17/10
Post edited by Unknown User on
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Comments

  • blondieblue227blondieblue227 Va, USA Posts: 4,509
    haha you beat me to it!

    ______________________________

    is this a good or bad thing? i can't tell.
    *~Pearl Jam will be blasted from speakers until morale improves~*

  • haha you beat me to it!

    ______________________________

    is this a good or bad thing? i can't tell.
    good. gas prices SHOULD drop.
    I will be what i could be
    Once I get out of this town


    9/29/04;6/27/08;6/30/08;8/23/09;08/24/09;5/17/10
  • blondieblue227blondieblue227 Va, USA Posts: 4,509
    wildlife??????????
    *~Pearl Jam will be blasted from speakers until morale improves~*

  • fuckfuck Posts: 4,069
    good. gas prices SHOULD drop.
    so we waste money looking for oil and paying corrupt oil companies to take care of it, instead of looking for alternative fuel sources?

    I guess that makes sense in a total nonsensical way. :p
  • sweet adelinesweet adeline Posts: 2,191
    its like trying to fix a decapitation by using a band-aid.
  • _outlaw wrote:
    so we waste money looking for oil and paying corrupt oil companies to take care of it, instead of looking for alternative fuel sources?

    I guess that makes sense in a total nonsensical way. :p
    who says we cant do both???
    I will be what i could be
    Once I get out of this town


    9/29/04;6/27/08;6/30/08;8/23/09;08/24/09;5/17/10
  • blondieblue227blondieblue227 Va, USA Posts: 4,509
    its like trying to fix a decapitation by using a band-aid.

    that's my opinon too.
    in the long run, it's not going to do a bit of good.
    *~Pearl Jam will be blasted from speakers until morale improves~*

  • polarispolaris Posts: 3,527
    _outlaw wrote:
    so we waste money looking for oil and paying corrupt oil companies to take care of it, instead of looking for alternative fuel sources?

    I guess that makes sense in a total nonsensical way. :p

    there are plenty of alternative energy sources out there ... they just don't happen to control congress ...
  • blondieblue227blondieblue227 Va, USA Posts: 4,509
    Conspiracy theory:
    What if somebody has invented a better car than a hybrid, and the Bush admin has had them killed quietly.
    *~Pearl Jam will be blasted from speakers until morale improves~*

  • DCGARDENDCGARDEN Posts: 515
    _outlaw wrote:
    so we waste money looking for oil and paying corrupt oil companies to take care of it, instead of looking for alternative fuel sources?

    I guess that makes sense in a total nonsensical way. :p


    Ridiculous argument.

    Can't do both huh?

    Can't possibly investigate other methods while drilling?

    Explain why not
    I'll keep taking punches
    Untill their will grows tired
  • callencallen Posts: 6,388
    This is the biggest red herring since going to war with Iraq.

    There's no such thing as "American Oil". Its pumped then enters world market not the US market.
    10-18-2000 Houston, 04-06-2003 Houston, 6-25-2003 Toronto, 10-8-2004 Kissimmee, 9-4-2005 Calgary, 12-3-05 Sao Paulo, 7-2-2006 Denver, 7-22-06 Gorge, 7-23-2006 Gorge, 9-13-2006 Bern, 6-22-2008 DC, 6-24-2008 MSG, 6-25-2008 MSG
  • LikeAnOceanLikeAnOcean Posts: 7,718
    The highest bidder will get the offshore oil. This isn't cheap stuff for the U.S only.. in 5 years when gas prices are $10 a gallon, the offshore drilling will knock it back to $9.50 and save the economy. :rolleyes:
  • mammasanmammasan Posts: 5,656
    Well hopefully Congress will not be as short sighted. Bush lifting the ban is useless, without Congressional approval they can't start drilling.
    "When one gets in bed with government, one must expect the diseases it spreads." - Ron Paul
  • fuckfuck Posts: 4,069
    DCGARDEN wrote:
    Ridiculous argument.

    Can't do both huh?

    Can't possibly investigate other methods while drilling?

    Explain why not
    If you don't mind spending your taxpayers' money on this shit, then be my guest. I, on the other hand, don't really want these temporary "solutions" to do nothing but just DELAY the ACTUAL big problem on hand...

    No one except the oil companies win in this scenario... the environment suffers tremendously, and as I said in the post you quoted:
    so we waste money looking for oil and paying corrupt oil companies to take care of it, instead of looking for alternative fuel sources?
    The oil companies do what they want with it. Meaning it all won't make its way back to the US, they can make more money exporting to other countries/companies...

    We don't need 5 more years of looking for oil, we need to start turning to other sources of energy...
  • fuckfuck Posts: 4,069
    polaris wrote:
    there are plenty of alternative energy sources out there ... they just don't happen to control congress ...
    callen wrote:
    This is the biggest red herring since going to war with Iraq.

    There's no such thing as "American Oil". Its pumped then enters world market not the US market.
    The highest bidder will get the offshore oil. This isn't cheap stuff for the U.S only.. in 5 years when gas prices are $10 a gallon, the offshore drilling will knock it back to $9.50 and save the economy. :rolleyes:

    agreed...
  • blackredyellowblackredyellow Posts: 5,889
    good. gas prices SHOULD drop.

    sure they will...
    My whole life
    was like a picture
    of a sunny day
    “We can complain because rose bushes have thorns, or rejoice because thorn bushes have roses.”
    ― Abraham Lincoln
  • mammasanmammasan Posts: 5,656
    This new initiative to drill for oil of shore is laughable. Best estimates is that off shore drilling would yield 18 billion barrels of oil over time. Currently the US consumes a little over 20.5 million barrels of oil per day. Do the math kiddies and that is only enough oil to feed our addiction for a little over two years. Now that 18 billion barrel estimate is not what they can produce years from off shore drilling but what can be produced over the entire life span of those reserves.

    So our illustrious president's solution to the problem is to risk the environment of our coastal waters to produce, over the span of several years, enough oil to feed us for a little over two years. The yearly output of these wells wouldn't be enough to even make a dent in the worldwide supply so the price wouldn't even dip.

    You have to wonder why he would be pushing such a solution when the only benefit would be to the companies that actually extract, refine and produce petroleum.
    "When one gets in bed with government, one must expect the diseases it spreads." - Ron Paul
  • blackredyellowblackredyellow Posts: 5,889
    mammasan wrote:
    You have to wonder why he would be pushing such a solution when the only benefit would be to the companies that actually extract, refine and produce petroleum.

    ding ding ding
    My whole life
    was like a picture
    of a sunny day
    “We can complain because rose bushes have thorns, or rejoice because thorn bushes have roses.”
    ― Abraham Lincoln
  • Did anyone catch the part of this where the profits are going TO THE TREASURY!!?!!

    I need to check the record, but up on CNBC they had a bullet point talking about this, and they said like

    50% of the profits from this will go to the treasury.
    20% will go to "conservation"
    30% will go to the state the drilling takes place in or something?

    WHEN DID WE GO FULL OUT SOCIALIST?

    What is this crap?
    Nationalized oil ?!?!

    And what we need is MORE REFINERIES,
    not more oil.
    If I was to smile and I held out my hand
    If I opened it now would you not understand?
  • peacegirlpeacegirl Posts: 841
    its like trying to fix a decapitation by using a band-aid.

    agreed
  • dmitrydmitry Posts: 136
    good citizens, i'm sure you all agree government should and will choose the best energy for us. especially when the new smarter guys come to town and in good faith pick the right energy to subsidize.
  • dawngdawng Posts: 644
    its like trying to fix a decapitation by using a band-aid.

    agreed. We need to be looking into new energy solutions. I don't think offshore drilling, or drilling in the artic are going to do anything for gas prices either now or in the future.

    Heard a great story on NPR the other day about solar power...ah yes, here it is:
    http://www.npr.org/templates/story/story.php?storyId=92342742
    Check out my Sudsy Chick Etsy Store for all natural homemade bath products!
  • SammyK14SammyK14 Posts: 287
    i agree we need to be looking for alternative energy solutions, but that doesn't mean we can't continue drilling. i can hardly afford to drive to work, so anything that could positively impact gas prices is cool with me
    5 years of Jam...

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  • Kel VarnsenKel Varnsen Posts: 1,952
    _outlaw wrote:
    No one except the oil companies win in this scenario... the environment suffers tremendously, and as I said in the post you quoted:


    How does no one win but the oil companies? In Canada the high price of oil and the fact that we have tons of it to drill is a huge boost to the economy. It provides 1000's of jobs for Canadians (that are very difficult to outsource to another country), provides a ton of money in taxes to pay for things like roads and schools and provides money for anyone who is able to invest. How would it not be the same in the US?
  • How does no one win but the oil companies? In Canada the high price of oil and the fact that we have tons of it to drill is a huge boost to the economy. It provides 1000's of jobs for Canadians (that are very difficult to outsource to another country), provides a ton of money in taxes to pay for things like roads and schools and provides money for anyone who is able to invest. How would it not be the same in the US?

    For the same reason that you have universal healthcare and our country does not.

    Corporations own America's government, especially big oil

    The only people gaining anything are the oil companies, who will continue to base their prices on speculation.

    Remember how we went into Iraq and secured their oil? We secured foreign oil, and prices went up. Now we're going to secure domestic oil...and you know what?.....PRICES WILL GO UP.

    Another win for Bush's oil buddies. Anyone else shocked? Anyone else think he presidency has been about anything BUT oil?
    You can't spell "dumb" without DMB
  • my2handsmy2hands Posts: 17,117
    polaris wrote:
    there are plenty of alternative energy sources out there ... they just don't happen to control congress ...

    so your blaming american politicians for alternative energies not coming to the global forefront? american politicians are to be blamed for the worlds failure to properly design and harness viable alternative energy that could easily fuel the planet of 6 billion?

    the 1 problem with the last 8 years is people blaming politicians and governments for every shortcoming and problem in the world... the internet fueled "everything is a government/corporate conspiracy" phenomenon is getting a bit ridiculous and harmful to genuine real world progress as well...

    but whatever

    it's bush's fault the big 3 have not developed a solar flying magic carpet SUV yet :rolleyes:
  • Kel VarnsenKel Varnsen Posts: 1,952
    For the same reason that you have universal healthcare and our country does not.

    Corporations own America's government, especially big oil

    The only people gaining anything are the oil companies, who will continue to base their prices on speculation.
    ?

    But oil companies still have to hire people to do the exploration and work on off shore oil platforms (including a lot of good jobs for skilled people). They still have to pay those people's salaries. They still have to buy equipment from other companies. The more oil they pump and sell the more taxes they pay. The more profit they make the more dividends they pay out. How exactly are the oil companies the only ones benefitting here? It is not like Exxon is a one man operation run by Joe Exxon and he finds, pumps, refines and sells the oil himself (and then gets to keep all the money for himself).
  • KannKann Posts: 1,146
    good. gas prices SHOULD drop.
    Well considering how long it would take to start producing oil from there (a few years) and the quick rise in demand everywhere in the world (it's not just Europe and USA anymore), I don't think you'll see anything drop. I think it's a bad idea, the money used to put all this production in place could surely be used elsewhere.
  • mca47mca47 Posts: 13,308
    Dumb.


    -The US is not going to see ANY benefit from it for at least 5 years.
    -A certain percentage will be shipped overseas to Asia (not helping Americans, but giving larger profits to the industry)
    -What they can pull from there is sooooo insignificant.


    Dumb.
  • Urban HikerUrban Hiker Posts: 1,312
    mca47 wrote:
    Dumb.


    -The US is not going to see ANY benefit from it for at least 5 years.
    -A certain percentage will be shipped overseas to Asia (not helping Americans, but giving larger profits to the industry)
    -What they can pull from there is sooooo insignificant.


    Dumb.

    The only significance will be the impact on wildlife.

    Time to write congress, again.
    Walking can be a real trip
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