Yes, and that’s the same bullshit excuse the anti-drilling group was using in 1970. Besides that, most of the stuff I’ve seen says 10 years, not 22.
Anyway, it’s funny how you won’t get behind new drilling because we won’t see results for 10 years but you love Obama’s new energy research which won’t do anything to help us for that long or longer.
There is no silver bullet to this problem. We need conservation, we need more domestic oil, we really need to end this out of control speculation, and we definitely need research into non-oil sources of energy.
Continuing this partisan bullshit of “I’m a democrat so I can’t support drilling” or “I’m a republican so I can’t support conservation” isn’t going to help anyone.
The U.S. Energy Information Administration did a full analysis of offshore drilling and report. their conclusion:
"The projections in the OCS access case indicate that access to the Pacific, Atlantic, and eastern Gulf regions would not have a significant impact on domestic crude oil and natural gas production or prices before 2030. "
I wasnt saying I was for or against it. I was just saying its not going to fix the CURRENT price spike.
I think the states should decide in this current case. It makes more sense in some areas than others. Either way, offshore drilling is using a garden hose on a forest fire.
Agreed, it should be up to the states. Hey, isn’t that what McCain is fighting for.
Yes, it’s a garden hose on a forest first. So it wind energy. So is solar. So is the small bump in EPA mileage requirements. So are hybrid cars. So is bio-diesel.
With enough garden hoses you can fight a fire though. Unfortunately with the state of the country right now a democrat wouldn’t use a republican fire hose even if he himself was on fire, and vice versa.
Yeah, that was on a previous page. You can’t expect me to list every single cause of high oil each time.
You mean they would never allow it while he’s in office. With gas around $5 a stance like that could get you kicked out of office in a hurry. LA’s a big town, and they love their cars.
you really think cali’s gonna take the conservative view on anything? the tree huggers will have the exxon valdez spill photoshopped onto venice beach emailed to every computer in silicon valley.
Being a Republican in name, he’s about as conservative as they’re going to elect to govern out there.
Except, no I am not retarded. Just because one article says something does not make it true. There are many factors (as always) driving the price of oil. I just believe that speculators are not as big of the problem as some would.
I personally believe that the weak US dollar coupled with the steady increase in demand and little increase in output over the last decade is the cause of high oil prices.
BUT, if you really want to get me started, I could go on about how the prices are just catching up to the true weakness of the US Dollar. M3 has been going up 17%/year without too much inflation. All those $$$'s are going to catch up and add to our ever growing trade deficit, effecting our horrible fiat money system and causing some pretty nasty semi-hyperinflation. IE: oil prices rising.
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i remember when the dollar was kicking ass against the euro when it first launched in like 99/2000. It was well over 1 euro per dollar. 1.30 or so IIRC. stupid currency devaluation.
