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Old 06-09-2008, 10:56 AM
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Default The Facts About Oil (Updated)

http://gatewaypundit.blogspot.com/search?q=oil
http://gatewaypundit.blogspot.com/search?q=oil

CLICK HERE AND SIGN THE PETITION! DRILL HERE,DRILL NOW, SAVE MONEY!
http://www.americansolutions.com/act...b-346a1e096659
http://www.americansolutions.com/act...b-346a1e096659
http://www.americansolutions.com/act...b-346a1e096659

The US has enough reserves to be the #1 oil producer in the world. http://astuteblogger.blogspot.com/20...-be-1-oil.html

According to NPR, the Rocky Mountains contain three times the oil of Saudi Arabia. http://www.npr.org/templates/story/s...toryId=5424033

An oil field was just recently discovered in the South Dakota/Montana region which has three times as much oil as the Rockies. http://www.nextenergynews.com/news1/next-energy-news2.13s.html

There is also a tremendous amount of oilin the ANWR region.http://en.wikipedia.org/wiki/Arctic_...ng_controversy

So why is America NOT energy independent?



Because, over the past 30 years:

Democrats have blocked the development of new sources of petroleum.
Democrats have blocked drilling in ANWR.
Democrats have blocked drilling off the coast of Florida.
Democrats have blocked drilling off of the east coast.
Democrats have blocked drilling off of the west coast.
Democrats have blocked drilling off the Alaskan coast.
Democrats have blocked building oil refineries.
Democrats have blocked clean nuclear energy production.
Democrats have blockedclean coal production.

Democrats sold out to environmentalists. http://www.capmag.com/article.asp?ID=5195
http://z4.invisionfree.com/Popular_T...showtopic=2050

Democrats set up "No Zones" where they will not allow drilling or development As Americans pay more for gas than ever under this Congress Democrats continue to vote against drilling and oil exploration.


Last edited by Toby; 06-09-2008 at 11:02 AM.
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Old 06-09-2008, 10:56 AM
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Democrats Keep Oil Prices High!

http://www.powerlineblog.com/archive.../06/020696.php
For several decades, the Democratic Party has pursued policies designed to drive up the cost of petroleum, and therefore gas at the pump. Remarkably, the Democrats don't seem to have taken much of a political hit from the current spike in gas prices. Probably that's because most people don't realize how different the two parties' energy policies have been.

Congressman Roy Blunt put together these data to highlight the differences between House Republicans and House Democrats on energy policy:

ANWR Exploration House Republicans: 91% Supported House Democrats: 86% Opposed

Coal-to-Liquid
House Republicans: 97% Supported
House Democrats: 78% Opposed

Oil Shale Exploration
House Republicans: 90% Supported
House Democrats: 86% Opposed

Outer Continental Shelf (OCS) Exploration
House Republicans: 81% Supported
House Democrats: 83% Opposed

Refinery Increased Capacity
House Republicans: 97% Supported
House Democrats: 96% Opposed

SUMMARY

91% of House Republicans have historically voted to increase the production of American-made oil and gas.

86% of House Democrats have historically voted against increasing the production of American-made oil and gas.
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Old 06-09-2008, 10:58 AM
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.................................................. ..................................................
Who Price Gauges More? The Oil Companies with an $0.08 Profit Per Gallon Or The U.S. Goverment With $0.42 Tax Per Gallon?

State and Federal Gasoline Taxes Compared to Major U.S. Oil Companies’ Domestic Profits, 1977-2004 (figures in billions of 2004 dollars)

Year ... Oil Profits ... Federal Taxes ... State Taxes ... Total Taxes
1977 .... $26.8 ............ $13.7 ............. $29.0 ............ $42.7
1978 .... $27.5 ............ $13.0 ............. $28.1 ............ $41.1
1979 .... $34.9 ............ $11.4 ............. $25.2 ............ $36.7
1980 .... $41.0 ............ $9.4 ............... $22.0 ............ $31.4
1981 .... $41.4 ............ $8.5 ............... $21.0 ............ $29.5
1982 .... $35.8 ............ $8.0 ............... $20.6 ............ $28.6
1983 .... $30.2 ............ $15.0 ............ .$22.0 ............ $37.0
1984 .... $28.7 ............ $16.2 ............. $23.5 ............ $39.6
1985 .... $29.3 ............ $15.6 ............. $24.6 ............ $40.2
1986 .... $9.0 ............. $15.9 .............. $25.7 ............ $41.5
1987 .... $14.0 ............ $15.0 .............. $27.4 ........... $42.4
1988 .... $16.9 ............ $15.6 .............. $28.1 ........... $43.8
1989 .... $14.5 ............ $14.5 .............. $28.3 ........... $42.8
1990 .... $18.6 ............ $14.5 .............. $29.1 ........... $43.5
1991 .... $11.0 ............ $21.1 .............. $29.7 ........... $50.8
1992 .... $10.1 ............ $20.9 .............. $30.8 ........... $51.7
1993 .... $10.6 ............ $20.9 .............. $31.4 ........... $52.3
1994 .... $10.8 ............ $27.1 .............. $32.1 ........... $59.3
1995 .... $7.9 ............. $26.3 ............... $31.9 ........... $58.1
1996 .... $18.9 ............ $26.8 .............. $32.0 ........... $58.9
1997 .... $18.8 ........... $26.0 .............. .$32.6 ........... $58.6
1998 .... $9.0 ............. $27.1 ............... $33.1 ........... $60.3
1999 .... $16.8 ............ $26.5 .............. $33.6 ........... $60.1
2000 .... $34.9 ............ $25.7 .............. $33.3 ........... $59.0
2001 .... $35.1 ............ $24.9 .............. $33.6 ........... $58.5
2002 .... $16.2 ............ $24.5 .............. $33.9 ........... $58.4
2003 .... $31.7 ............ $24.6 .............. $33.4 ........... $58.0
2004 .... $42.6 ............ $24.2 .............. $34.2 ........... $58.4
Total ... $643.0 ........... $533.0 ............ $810.1 .......... $1,343.1
http://www.taxfoundation.org/files/4...0f8e5ea9d0.csv
http://www.taxfoundation.org/publica...show/1139.html
http://taxprof.typepad.com/taxprof_b...xes_excee.html



What Effects The Price Of Oil?

1 ) Supply & Demand
2 ) The Value Of The Dollar/Inflation
3 ) Taxes Both In The U.S. And Outside
4 ) Speculation
5 ) The Cost Of Driling & Refining
6 ) Conflicts In The Countries Where We Buy Our Oil From
7 ) Tranporting Oil
8 ) Investment In Oil
9 ) International Trade Laws & Taxes
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Old 06-09-2008, 10:59 AM
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http://www.americansolutions.com/Gen...f-76bfe669e0f2
More Oil Facts!

38 Billion Barrels of U.S. Oil Resources Inaccessible

The United States has vast oil and gas resources onshore and offshore that are currently illegal to develop and therefore inaccessible.

U.S. law prohibits the development of approximately 38 billion barrels of undeveloped oil resources (19 billion barrels onshore and 18.92 billion offshore).

U.S. law prohibits the development of approximately 180 trillion cubic feet of undeveloped natural gas resources (94.5 trillion cubic feet onshore and 85.7 trillion cubic feet offshore).

SOURCES:

Onshore Resources

(Inventory of Onshore Federal Oil and Natural Gas Resources and Restrictions to Their Development, p. vii-viii, PHASE III INVENTORY – ONSHORE UNITED STATES IN COMPLIANCE WITH THE ENERGY ACT OF 2000, P.L. 106-469 §604, AS AMENDED BY THE ENERGY POLICY ACT OF 2005, P.L. 109-58 §364, Prepared by the U.S. Departments of the Interior, Agriculture, and Energy 2008, Accessed on the Web Site of the Bureau of Land Management on June 2, 2008, www.blm.gov)

Offshore Resources

(Report to Congress: Comprehensive Inventory of U.S. OCS Oil and Natural Gas Resources, p. 72, Energy Policy Act of 2005 – Section 357, Prepared by Minerals Management Service Offshore Minerals Management Program For the U.S. Congress, February 2006. Accessed on the Web Site of the Minerals Management Service on June 2, 2008, www.mms.gov)

.................................................. .............................
http://www.americansolutions.com/Gen...6-b9a87f635903
RAND: U.S. Oil Shale Resources Are Three Times Larger Than the Current Oil Reserves in Saudi Arabia

YET CONGRESS RECENTLY VOTED TO MAKE IT ILLEGAL TO DEVELOP U.S. OIL SHALE RESOURCES

With oil prices at an all-time high, Americans are facing escalating gas, diesel, and aircraft fuel increases. Oil prices are projected to increase further.

Congress, however, has made it illegal to develop vast domestic oil resources in large parts of the United States.

The most startling Congressional prohibition on domestic oil production concerns the recently enacted ban on the development of oil shale resources in parts of Colorado, Utah, and Wyoming in the Green River Formation. According to a Rand Study estimate, this reserve contains over one trillion barrels of oil, with 800 billion barrels fully recoverable, or three times the current oil reserves as Saudi Arabia:

The largest known oil shale deposits in the world are in the Green River Formation, which covers portions of Colorado, Utah, and Wyoming. Estimates of the oil resource in place within the Green River Formation range from 1.5 to 1.8 trillion barrels. Not all resources in place are recoverable. For potentially recoverable oil shale resources, we roughly derive an upper bound of 1.1 trillion barrels of oil and a lower bound of about 500 billion barrels. For policy planning purposes, it is enough to know that any amount in this range is very high. For example, the midpoint in our estimate range, 800 billion barrels, is more than triple the proven oil reserves of Saudi Arabia. Present U.S. demand for petroleum products is about 20 million barrels per day. If oil shale could be used to meet a quarter of that demand, 800 billion barrels of recoverable resources would last for more than 400 years.

(James T. Bartis, et. al., "Oil Shale Development in the United States: Prospects and Policy Issues" (Santa Monica: RAND Corporation, 2005), p. ix. http://rand.org/pubs/monographs/2005/RAND_MG414.pdf) (emphasis added)

The same RAND study indicated that technology exists today that would allow oil shale extraction and that the process would be cost effective once the price of a barrel of oil was $95 (p. x). The price of a barrel of oil today is around $130.

However, Shell Oil has been investing in technology that would make extraction much cheaper than standard pit mining:

Shell Oil Company has successfully conducted small-scale field tests of an insitu process based on slow underground heating via thermal conduction. Larger scale operations are required to establish technical viability, especially with regard to avoiding adverse impacts on groundwater quality. Shell anticipates that, in contrast to the cost estimates for mining and surface retorting, the petroleum products produced by their thermally conductive in-situ method will be competitive at crude oil prices in the mid-$20s per barrel.

(James T. Bartis, et. al., "Oil Shale Development in the United States: Prospects and Policy Issues" (Santa Monica: RAND Corporation, 2005), p. x. http://rand.org/pubs/monographs/2005/RAND_MG414.pdf)


In short, if the Congress removed its prohibition, America could develop a substantial amount of its oil needs from domestic oil shale resources rather than relying on foreign governments.

The Energy Policy Act of 2005 specifically declared that it was the policy of the United States to recognize oil shale as a strategically important domestic resource. Section 369 states:

DECLARATION OF POLICY.—Congress declares that it is the policy of the United States that—

(1) United States oil shale, tar sands, and other unconventional fuels are strategically important domestic resources that should be developed to reduce the growing dependence of the United States on politically and economically unstable sources of foreign oil imports;

(2) the development of oil shale, tar sands, and other strategic unconventional fuels, for research and commercial development, should be conducted in an environmentally sound manner, using practices that minimize impacts; and

(3) development of those strategic unconventional fuels should occur, with an emphasis on sustainability, to benefit the United States while taking into account affected States and communities.

(Energy Policy Act of 2005, http://www.epa.gov/oust/fedlaws/publ_109-058.pdf)

Yet, buried in a Department of Interior appropriations bill passed in December 2007 was an amendment that prevented establishing regulations for leasing land to drill for oil shale. The House passed that amendment, proposed by Rep. Mark Udall of Colorado, on June 27, 2007, by a vote of 219-215.

On May 15, 2008 in a 15-14 vote, the Senate Appropriations Committee rejected an amendment by Sen. Wayne Allard (R-CO) to allow oil shale drilling and overturn the Udall moratorium.

(http://www.rockymountainnews.com/new...le-moratorium/)


http://www.americansolutions.com/Gen...4-da5b11fdce70


http://www.americansolutions.com/Gen...4-da5b11fdce70

1 )Though we have more oil in the shale of Colorado, Utah and Wyoming than combined in the Middle East (800 billion barrels), liberals and environmentalists have made it illegal to touch it. http://money.cnn.com/2008/06/06/news...ion=2008060617
2 )It's illegal to drill in northern Alaska (Arctic National Wildlife Refuge), or off the coasts of Florida or California. http://www.familysecuritymatters.org...pub_detail.asp
3 )Oil fields in Colorado are being shut down.
4 )We won't develop shale oil fields in the Western states
5 )It's illegal to explore in the Atlantic. http://www.humanevents.com/article.php?id=26744&s=rcmc
6 )It's illegal to explore in the Pacific
7 )It's illegal to explore in the Eastern Gulf of Mexico
8 )We're not receiving any more leases to drill in the Gulf of Mexico, while China, Venezuela and Cuba are. http://www.investors.com/editorial/e...97645188487872
9 )We haven't built an oil refinery in 25 years and reduced in half those we have
10 )There's enough natural gas beneath America (406 trillion cube feet) to heat every home in America for the next 150 years, but we can't tap it all.
11 )We have the largest supply of coal in the world, but it's Germany who is planning to build 27 coal-fired electrical plants by 2020.
12 )American airlines are in danger of going out of business.
13 )American truckers are being stranded on the sides of the road.
14 )American commuters are going bankrupt trying to travel back and forth to work, and are being forced to work locally for lower wages.
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Old 06-09-2008, 10:59 AM
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I thought I'd read somewhere that the oil in the Dakotas was shale, and the specialized drilling required would cost a ridiculous amount. If I find the link, I'll let you know.
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Old 06-09-2008, 02:11 PM
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Default Democrats Block Drilling

Who Is Price Gouging? The Federal Goverment Is!





For Democrats that ask why the Republicans didnt vote to increas drilling when they were in the majority.

THEY DID! DEMOCRATS BLOCKED IT!

Here's the final vote results for Roll Call 170 18-May-2006 (To kill the use of funds to drill in violation of the moritoriam on drilling in the Outer Continental Shelf)
http://clerk.house.gov/evs/2006/roll170.xml



Democrats also led the House (279 to 141) to reject a provision that would lift a 25-year ban on oil drilling in coastal areas outside the western Gulf of Mexico. Roll Call 164 18-May-2006
http://clerk.house.gov/evs/2006/roll164.xml

House Minority Leader Nancy Pelosi Surprise!! voted against the drilling. This is the same Nancy Pelosi who said:

* On September 21, 2005- "Gas and oil prices are sky rocketing in our country. They are hurting consumers and they are hurting our economy, yet the Bush Administration is doing nothing to help."
http://www.house.gov/pelosi/press/re...t05/gouge.html

* On November 8, 2005- (to House Speaker Dennis Hastert) "I hope you will join me and House Democrats in insisting that the House take three concrete measures that will provide Americans with relief from skyrocketing gas and home heating prices."
http://www.prnewswire.com/publicinterest/

* Wednesday April 26, 2006- "Where have you been, Mr. President? The ... middle class squeeze is on, competition in our country is effected by the price of ... energy and of oil ... and all of a sudden you take a trip outside of Washington, see that the fact that the public is ... outraged about this, come home and make a speech. Let's see that matched in your budget, let's see that matched in your policy, let's see that matched in your separating yourself from your ... patron, Big Oil. Cut yourself off from that anvil that is holding ... your party down and this country down. Instead of coming to Washington and throwing your Republican colleagues under the wheels of the train, which they mightily deserve for being a rubber stamp for your obscene, corrupt policy of ripping off the American people."
http://www.theneweditor.com/index.ph...il-Prices.html

What did the democratic majority do their first 100 hours in Comgress?

They Try To Permantly Ban Drilling!

Quote:
http://news.bbc.co.uk/2/hi/americas/6236367.stm

Legislation has been tabled in the United States aimed at making a ban on oil drilling at a wildlife refuge in Alaska permanent.

Wildlife campaigners are hoping the new Democrat-led Congress will adopt such a move, which has been rejected on several occasions in the past.

The legislation would make about 500,000 hectares of land along Alaska's Arctic coast a protected wilderness.
In the southern US, democrats blocked drilling off the coast even though China is drilling for oil 50 miles from the US coastline.


Last edited by Toby; 06-09-2008 at 02:19 PM.
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Old 06-09-2008, 02:16 PM
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Quote:
Originally Posted by Toby View Post
You're like a walking wikipedia.

Well researched post to say the least.
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Old 06-09-2008, 02:40 PM
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Quote:
Originally Posted by Herkdriver View Post
You're like a walking wikipedia.

Well researched post to say the least.
You have no clue of what i have stored up about the war in Iraq! I have so much stuff that I decided not to post it. For one its too much Information. Secindly Ive decided to make it in to a book! It will be finished shortly after the conflict in Iraq is considered somewhat over!

"Underlying most arguments against the free market is a lack of belief in freedom itself."- Milton Friedman

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Old 06-09-2008, 03:48 PM
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good job!!!
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Old 06-09-2008, 03:52 PM
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Quote:
Originally Posted by submarinepainter View Post
good job!!!
Ya man. Use this for a refrence when liberals try to blame President Bush for oil prices! They cant argue against the facts! Here is another huge Pile of facts that liberals cant defend against! >> A Liberal Global Warming Alarmist's Worst Nightmare

Last edited by Toby; 06-09-2008 at 03:54 PM.
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