Enough Already - the US NEEDS to Drill Offshore

superdude17* · #1 (**permalink**) 07-16-2008, 08:47 AM

http://www.janereinheimer.com/

Quote:

The domed ones on Capitol Hill have insisted that loosening up on those bans to drill offshore wouldn't make any difference for years and years and years.

So how come the price of crude (futures) went down $10 the very day that Bush signed an executive order repealing the ban that his father had put in place when he was in the White House.

Just imagine what the price of crude would fall to if congress did its part in repealing the ban that they put into place to appease the environmentalists! And further, I heard somewhere yesterday that the Chinese are drilling 30 miles off the coast of California, not 50 or 60 miles.

But that ban is only half the problem. The other part of the problem requires congressional approvals.

Apparently that's not going to happen. Both Pelosi in the Big House and Reid in the Senate say they're just not going to allow such a nonsensical thing as a repeal on offshore drilling or drilling in oil-rich fields in Alaska.

Reid says rescinding the ban would be a gift to the oil companies. Actually, Mr. Reid, it would be a gift to China and every other country that wants to come in and drill in the oil rich fields off the coasts of the United States.

But wait! Isn't America supposed to be a representative form of government?

So you feel represented? I certainly don't. I live in Illinois and I am here to tell you that Senators Durbin and Obama don't do a thing to make me feel represented. They think they know what's best for all of us We the Peoples.

Well, 91% of us say the congressionals have it all backwards. Since they apparently aren't experts on anything but politics (instead of governing and legislating), I do not need for them to tell me what's best for me. Especially when it comes to the high price of crude.

And I'm no economist but I'd bet that I have more economics courses in my business administration undergrad than a lot of those politicians under the Dome have.

Pelosi's solution is the try to force Bush to use up all the oil reserves before authorizing any drilling anywhere. That would bring the gasoline prices down, she says.

Problem is, what she's advocating is specifically against the law. I learned that from our watching C-Span the other evening. The oil reserves cannot be used to effect an economic change.

That little piece of advice to the White House warranted the Investors Business Daily to call for Pelosi's resignation. Imagine that! Advising the president of the United States to do something that would specifically be against the law.

And, of course, she and Reid say that it's Bush's fault that the approval rating for congress is only 9%.

China is going to be drilling about 36 miles off the coast of the Florida Keys. Cuba gave them permission and they'll be drilling in areas where our nitwits in congress say US oil companies can't drill.

Now, don't you feel represented in Washington?

The Senate did approve a measure in the Energy and Natural Resources committee that does open up 2.9 million acres for drilling as long as the drillers stay out about 100 miles off the coast of Florida.

So, let's see. The Chinese don't need permission from our "self-imposed divine right of kings congress" to drill off our coasts in international waters. They could go 40 miles off the coast of Florida and still be in international waters and there wouldn't be a thing we could do about it. They could put all kinds of oil rigs in a 60 mile zone before they even got to where the US companies were allowed to drill.

Here's a really interesting map that shows where the offshore oil potential is located (and where drilling is prohibited):

115 billion barrels is a lot of oil. Especially since the US only used 7.5 billion barrels last year.

Keep in mind that a barrel contains 40 gallons. And after refining, we get about 19 gallons on gasoline from one barrel of crude.

Of course, we'd need to get real busy and build more refineries. We could do that. We have lots of politicians running around the country lamenting the loss of jobs to outsourcing. So hire all these people who want to work. Approve overtime. Approve three shifts a day. If that's not enough, hire another crew and another one and another until the refineries are up and running.

This is America, folks. We can put up a house in less than 90 days and I'd wager that we could put up a refinery or two in less than ten years. Don't believe that doomsday "worst case scenario" that comes out of political mouths.

All the more reason to make sure we overturn the majority in the House — that way we get two for the price of one:

1) Nancy has to go back to her regular hiding place desk and doesn’t get to sit up there on her “throne”, and

2) We would hopefully get some reasonableness as far offshore drilling goes. I mean, these nitwits in congress may think they’re prohibiting offshore drilling but they are not.

They are merely prohibiting US companies from drilling. When a whole bunch of rigs spring up off the coast of Santa Barbara, I’ll just bet the folks out there will be wishing they had allowed some US friendly folks drill.

The Jovial One · #2 (**permalink**) 07-16-2008, 08:56 AM

Quote:

Originally Posted by superdude17*

http://www.janereinheimer.com/

All the more reason to make sure we overturn the majority in the House — that way we get two for the price of one:

1) Nancy has to go back to her regular hiding place desk and doesn’t get to sit up there on her “throne”, and

2) We would hopefully get some reasonableness as far offshore drilling goes. I mean, these nitwits in congress may think they’re prohibiting offshore drilling but they are not.

They are merely prohibiting US companies from drilling. When a whole bunch of rigs spring up off the coast of Santa Barbara, I’ll just bet the folks out there will be wishing they had allowed some US friendly folks drill.

Two for one? Good luck getting ONE for one.

And this is not a problem you can just drill your way out of. Refineries are operating at capacity, and any oil you pull out of these areas has to go into the WORLD system, not just America's.

Whaler17 · #3 (**permalink**) 07-16-2008, 08:59 AM

Quote:

Originally Posted by The Jovial One

Two for one? Good luck getting ONE for one.

And this is not a problem you can just drill your way out of. Refineries are operating at capacity, and any oil you pull out of these areas has to go into the WORLD system, not just America's.

Supply is supply! If it goes into the "world" system it will positively impact the "world" prices.

Tedminator · #4 (**permalink**) 07-16-2008, 09:12 AM

Quote:

Originally Posted by superdude17*

They are merely prohibiting US companies from drilling.

They? Oh you mean these guys:

The president's call to resume offshore drilling appears to go against the 1990 policy of his father, President George H.W. Bush, who signed an executive order banning coastal oil exploration as well as of his brother, Jeb, the former governor of Florida, an outspoken opponent of offshore drilling.
http://www.pbs.org/newshour/updates/...oil_06-18.html

---

so anyhooo yeah lift the Federal ban, and leave it up to the states to decide.

ABoyNamedSue · #5 (**permalink**) 07-16-2008, 09:41 AM

They need to drill AND build new refineries! They need to tell these eco-hippies to STFU, and go eat your granola somewhere else. This absolutely useless democratic-led congress needs to be held to task. Buncha out-of-touch fat cats who sit around, collecting a massive paycheck, and not solving any of our problems. If they were real employees at a real job, they'da been fired a long, long time ago for sleeping at their desks!

Where's my torch and pitchfork?

algranny · #6 (**permalink**) 07-16-2008, 09:54 AM

More Refineries and more oil drilling will atleast will begin a process of foreign oil independence. McCain's plan includes nuclear, wind and solar. For the Dems to dismiss the idea because it wouldn't be effective right now, without any possible solutions is shirking their responsibilities. Unless we try! we'll never reach that goal of self reliance with americans energy. Dems way of dealing with crisis in America is to whin about solutions, or ideas, especially if is received from the Repub side of the isle.

superdude17* · #7 (**permalink**) 07-16-2008, 09:59 AM

The Dems just want to wait until what they believe will be Osama as the next President. However, the ordinary American can't wait that long. Thank you President Bush for acting. We can always depend on you for that. Congress is a bunch of old hags who have no touch with reality. They get their chauffeured car to work everyday, at the expense of us.

katiegrrl0 · #8 (**permalink**) 07-16-2008, 10:19 AM

Quote:

Originally Posted by superdude17*

http://www.janereinheimer.com/

All the more reason to make sure we overturn the majority in the House — that way we get two for the price of one:

1) Nancy has to go back to her regular hiding place desk and doesn’t get to sit up there on her “throne”, and

2) We would hopefully get some reasonableness as far offshore drilling goes. I mean, these nitwits in congress may think they’re prohibiting offshore drilling but they are not.

They are merely prohibiting US companies from drilling. When a whole bunch of rigs spring up off the coast of Santa Barbara, I’ll just bet the folks out there will be wishing they had allowed some US friendly folks drill.

These are the numbers at Max. That we can refine. These refineries can't do much more. What will happen to all the oil we find offshore. Who will refine it for us.

http://www.eia.doe.gov/neic/rankings/refineries.htm

Whaler17 · #9 (**permalink**) 07-16-2008, 10:55 AM

Quote:

Originally Posted by katiegrrl0

These are the numbers at Max. That we can refine. These refineries can't do much more. What will happen to all the oil we find offshore. Who will refine it for us.

http://www.eia.doe.gov/neic/rankings/refineries.htm

That's not clear at this point, but consider this, we are not the only oil consuming nation on earth! India and China have a LOT of newfound wealth and once you are 12 miles off any of our coastlines, you are in international waters. Can China drill 15 miles off Key West Florida whether our eco nazi hippie citizens and congressmen want them to or not? Probably! So allowing these people to prevent us from drilling and tapping this resource may very well mean that we will lose it to China or India!

siddhartha · #10 (**permalink**) 07-16-2008, 12:39 PM

You guys just don't get it.

Iraq was invaded for oil. Not to confiscate it - to control it. To control supply. And the control that's being exerted is not to ensure affordable oil/gas but PROFITABLE oil/gas. Mission accomplished. You've seen the manipulation in action time and time again. Price goes down.......refinery problems....storms screwed up access......Iran saber rattling made markets nervous.....

Refineries - big oil has shut them down and has no interest in building more. One application has been made in the last five years. It was approved. They haven't made any attempt to begin construction.

Off shore drilling is not a solution, it's a diversion. The added "potential" supply means NOTHING. The forces strangling supply today will do the same if and when those supplies ever come online. Demand from overseas will increase - instability will threaten ME supply, etc. etc. etc.

Wise up people. We're addicted to oil. The pushers are trying real hard to keep us addicted. They're telling you that the addiction isn't the problem - as long as you have enough drugs, all is good. You can get well tomorrow, my friends.

They don't want you to take the cure.

Just say no.

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Bush to Lift Ban on Offshore Drilling	JP5	Current Events	69	07-17-2008 12:33 PM
Dems compromise: You can drill offshore but we want the gov't to control refineries	amh73	Economics & Trade	13	06-24-2008 12:42 PM
Long-term strategy shortcomings of drill here, drill now.	Metrophobe	Political Opinions & Beliefs	29	06-22-2008 06:01 PM
Bush to press Congress for Offshore Drilling	DiscerningBlog	Political Blogs	4	06-17-2008 06:25 PM
Clinton's OffShore Tax Connections	JP5	Elections & Campaigns	3	03-01-2008 03:34 AM