Something failed to be brought to light....

[Jeramie]

There is one thing crawling under my skin about this whole oil thing. The main claim against drilling our oil is this "Green" garb and ruining the environment. Here is a VERY key factor that no one is bringing in.

It would be better for the environment if we drilled here.

Other suppliers like Saudi and China could care less about environmental protection. Here in the US NOx emissions are VITAL in the refinery process, not so much in other countries. In the US if we spill oil it is a horrible thing and the EPA oversees cleanup. Do you think that happens in the sandbox?

In China you can drive up to a refinery and get out and walk around. In the US that is far from the case. You have to watch safety videos and pass check points. I literally cant get into a refinery because I have a goatee and it wont allow a mask to seat properly (incase of fire). However, in other countries such as China the workers are paid far less and have no reservations about any damage done to the environment.

To sum it up, we wont drill in the US to save the environment. However, we will pay heavily for other countries to destroy the environment for us and cause severe hardship to our country, all the while forcing us to compete for energy.

DRILL NOW…… Early predections are that oil will fall to $75 a barrel if we open drilling in the US.

[wtnhunt]

Looks like a step in the right direction here http://www.foxnews.com/story/0,2933,381761,00.html.

Hopefully congress will listen to the people, who by an overwhelming majority in this country also agree that we need to drill here and drill now.

[Ohiobucks]

What gets me is the Dems saying it won't help short term demand, any drilling would be a 3-10 year process to help with the oil crunch. That is all well and fine, but why not get started now? If we don't address it now, the problem isn't going away by itself. Start drilling now, research new alternative energy ideas, and quit sitting on our thumbs.

[Jeramie]

What gets me is the Dems saying it won't help short term demand, any drilling would be a 3-10 year process to help with the oil crunch. That is all well and fine, but why not get started now? If we don't address it now, the problem isn't going away by itself. Start drilling now, research new alternative energy ideas, and quit sitting on our thumbs.

Thats a load too. Number one is that our prices are based off of "Future" trading. If the future looks better, the prices go down.

Also, there is no need for exploration. We KNOW where the oil is so drilling could and would start immediately.

and.....

There are capped wells all over the US. Let up the band and we could and would have an IMMEDIATE source of oil.

The only problem would be the refining process. Any new refinery built has to meet certain NOx levels, thats the law. It would take millions to build them but Oil companies would jump in with both feet to add furnaces.

Granted we would have a slight markup from the new construction but it would be far less than that from greedy arabs and WAY more friendly to the fuzzy bunnies.....

[slugshooter]

Maybe someone can enlighten me here. Back in my truck driving days, which was most of 2001 and part of 2003, I traveled quite a bit in Texas, mostly South Texas. On the highway running from Laredo to Brownsville, I saw many acres of land that seemed to me to be owned by oil companies, if memory serves me. If so, are those being currently utilized for oil, or are those the wells that have been capped? I don't know, that's why I am asking.

[wtnhunt]

Thats a load too. Number one is that our prices are based off of "Future" trading. If the future looks better, the prices go down.

Also, there is no need for exploration. We KNOW where the oil is so drilling could and would start immediately.

and.....

There are capped wells all over the US. Let up the band and we could and would have an IMMEDIATE source of oil.



Speculation can and will drive the market down if we commit to opening up or tapping into our own resources. Crude dropped some $9 just yesterday with Bush speaking and lifting the ban.

The congressional ban on drilling ends September 30th of this year, however it can be renewed, will see what they choose to do. With congress at an all time low rating, will be interesting to see if they follow their constituents requests.

Maybe someone can enlighten me here. Back in my truck driving days, which was most of 2001 and part of 2003, I traveled quite a bit in Texas, mostly South Texas. On the highway running from Laredo to Brownsville, I saw many acres of land that seemed to me to be owned by oil companies, if memory serves me. If so, are those being currently utilized for oil, or are those the wells that have been capped? I don't know, that's why I am asking.

Don't know for certain Marc, but would have to kind of wonder if those wells that are capped are not near being dry or in some way inefficient to continue to use. There has to be a sound reason. Seems a logical argument to me that if you can tap into a new source that will yield a good supply as opposed to tapping an old source that may yield marginal supplies at best, makes better sense to tap into the new source that will give the better yields.

On another note on this, heard this morning that there are old rigs on the coast that can be up and running right away. Refining would be the only holdup, but still in my opinion for the reason above there would be a drop in gas prices here at the pump pretty quick if we start drilling now.

[stevebeilgard]

we have lots of capped wells in wyoming. ANY well that will produce oil would most certainly be up and running at todays prices. fact is, the wells are capped because there is no oil. marc, the oil companies typically do now own the land the oil is on. what they own is the mineral rights. so, they pay the rancher (owner) to trespass on his land. oil companies are not stupid. if there was a buck to be made, they will go after it.

if all regulations were dropped today, oil barrel prices would plummet tomarrow. simple as that. and i'll bet we'd be burning gas in our cars in a year and a half. all we have to do is keep washington out of it. another thing we could do, but we never will, is to have the government partner up with oil on public land, such as in anway. if oil costs 25 dollars a barrel to get, and it's sold for 100 dollars a barrel, the 75 dollars a barrel is split equally with government and oil producers... sort of a high tax on what they drill. at 100 bucks a barrel, gas will be under 3 bucks and the national debt will be paid off in 10 years. a win/win. (thus my assurance that the govt. won't do a thing)

[nativetexan]

There is one thing crawling under my skin about this whole oil thing. The main claim against drilling our oil is this "Green" garb and ruining the environment. Here is a VERY key factor that no one is bringing in.

It would be better for the environment if we drilled here.

Other suppliers like Saudi and China could care less about environmental protection. Here in the US NOx emissions are VITAL in the refinery process, not so much in other countries. In the US if we spill oil it is a horrible thing and the EPA oversees cleanup. Do you think that happens in the sandbox?

In China you can drive up to a refinery and get out and walk around. In the US that is far from the case. You have to watch safety videos and pass check points. I literally cant get into a refinery because I have a goatee and it wont allow a mask to seat properly (incase of fire). However, in other countries such as China the workers are paid far less and have no reservations about any damage done to the environment.

To sum it up, we wont drill in the US to save the environment. However, we will pay heavily for other countries to destroy the environment for us and cause severe hardship to our country, all the while forcing us to compete for energy.

DRILL NOW…… Early predections are that oil will fall to $75 a barrel if we open drilling in the US.

Think of this...What causes more polution? Cars or a "what if" accident at an oil drilling site? My thinking is that the overall goal is to prevent drilling here and jack oil prices up so far that the enviro-nazi's start getting their way by forcing us to buy cars that will ultimately not run on any kind of fossil fuel. It's almost like cigarettes. People don't like it so they push the price way up to get people to quit because they simply can't afford it. Conspiracy theory? Maybe. But ultimately high gas prices allow the greenies to get what they want. Personally, I will probably eventually buy a hybrid or something but all this technology is new. If I buy a money pit, I want it to at least get me where I need to go.

[pendog]

Heard that the Dems will not allow a lifting of the ban while Bush is president, they want to do it after the election. Their hope is a Dem will be president and they will get a better chunk of pork on the bill if they can push it through with no opposition.

[wtnhunt]

Heard that the Dems will not allow a lifting of the ban while Bush is president, they want to do it after the election. Their hope is a Dem will be president and they will get a better chunk of pork on the bill if they can push it through with no opposition.

The ban expires Sept 30th, but they can renew it. Pelosi's comments and actions appear to me to be out of spite and are happening at the American consumers expense.

[Ethan Givan]

What I cant figure out is why when oil prices go up $10 a barrel, gas prices go up $0.10 to $0.15 but if oil prices drop $10 a barrel you wont see much difference at the pump. Somethin's wrong with this picture.

[stevebeilgard]

what we are looking at here is the KEY debate issue on who will be our next president. even though the pollsters say 92% of americans want us to drill, the dems are against it. heck, 92% has to include lots of dems.