Obama Underwrites Offshore Drilling

[Wullie]

Has it never occurred to you that maybe your facts are skewed by those want you to believe we have no reserves? It makes things stay on the expensive side thus guaranteeing profitability for the company and shareholders.

The oil is here, as is the gas. Since you are so knowledgeable about oil and drilling, why don't you get off your ass and find some in your back yard and let some folks invest their money in your future.

Meantime, let's shut down offshore drilling and more than a few thousand more jobs in a pathetic economy so our boy can pat himself on the back for doing something and get his ass kissed by more environmentalists.

I hear his injunction against drilling got overturned today too. He's not happy.

[callmeslick]

Has it never occurred to you that maybe your facts are skewed by those want you to believe we have no reserves?

why would the folks at Exxon and a couple of small drilling technology companies which I invest in wish to tell me those things. Once again, as I said to Pud, go out and find me reputable petroleum geologists who have different reserve figures than I have(and have presented here).

It makes things stay on the expensive side thus guaranteeing profitability for the company and shareholders.

The oil is here, as is the gas. Since you are so knowledgeable about oil and drilling, why don't you get off your ass and find some in your back yard and let some folks invest their money in your future.

because I'm 1)Smart enough to leave the drilling and other techical stuff to the experts in whom I invest and
2) there are no reserves under any of the real estate I own

Meantime, let's shut down offshore drilling and more than a few thousand more jobs in a pathetic economy so our boy can pat himself on the back for doing something and get his ass kissed by more environmentalists.

first, it's only drilling deeper than 500 feet that is suspended. Second, it's only for 6 months while a safety program review is conducted. Third, can you imagine if Obama didn't ask for the moratorium, and ANY other well in the gulf went up?? You know as well as I that the 2012 campaign would be fought over how Obama didn't learn from the first incident. Geezus, when will you whiners cut the dude a break. He's doing a reasonably moderate job of playing the situation fairly, and yet the weaker-minded can't help playing the blame game. Thanks a lot, you're doing your fellow citizens such a great favor.....

I hear his injunction against drilling got overturned today too. He's not happy.

and on to appeal it goes. I can see both sides of the argument, frankly, having some merit.

[Wullie]

yet the weaker-minded can't help playing the blame game

It's George Bush's FAULT!!!

ROTF!!

Wake up and smell the shit he's dumping on us and the US.

[callmeslick]

Wake up and smell the shit he's dumping on us and the US.

HE'S dumping?? Puhleze, the dumping has been going on for years and years. The folks running the show really don't have a favorite party, and the game goes far beyond politics. Bottom line is bleed the resources dry, hang the working class folks out to dry, take the money and run. Then, watch the stupid ones blame it on politicians.......



well, it would be , except the joke is on the folks running around blaming Obama, Democrats, Republicans, Bush or George Soros. And, the same folks that keep coming up roses after every economic
downturn win again. Lincoln had it right, a house divided against itself cannot stand. Ever wonder why the
goofy ideological rancor keeps coming to the forefront? Ever wonder who benefits?

[Wullie]

I don't really blame Barry. He's a turd and does what he was bought to do.

My blame is on the idiocracy that fell for his bullshit CHANGE and keeps blaming everything else for his short comings.

I guess we'll see if the old conservative American that sat out the last joke of an election is mad enough now to get off their asses and vote out some of the shit REPUBLICAN AND DEMOCRAT that has been fucking us over. Maybe some new blood will get in there and mess up the power base for a while before they figure out how easy it is to bend over and take it up the ass by the big wheels.

[callmeslick]

I guess we'll see if the old conservative American that sat out the last joke of an election is mad enough now to get off their asses and vote out some of the shit REPUBLICAN AND DEMOCRAT that has been fucking us over. Maybe some new blood will get in there and mess up the power base for a while before they figure out how easy it is to bend over and take it up the ass by the big wheels.

actually, Obama's election was the first wave of awakening along those lines, IMO. He was hardly the chosen one for the Dems. As for the 'old conservative Americans', I don't know. Most of them are just that, old, and a great number voted for Obama(just ask my parents, both old and conservative). The problem is that there aren't enough folks like them, not so much the conservative part, but caring enough and informed enough to give a crap about their nation. By and large, the bulk of the population is either uncaring, or all worked up over drivel('evil republicans, democrats are communists, Obama isn't a citizen, on and on). Sometimes, thinking about the future bums me out, as I can see the great strides the US has made over a couple centuries, but can see how the present population might not qualify to operate within the system the founders left us. We are hurtling toward overwhelming debt levels with no plan to generate enough money to cover them, an uncertain future for petroleum coupled with increased world demand for it, and a nation which is focused on superficial crap and divisive mean-spiritedness. All this, coupled with a gradual decline in the importance of education does not bode well.

[callmeslick]

hmmm, I guess maybe no one can find anything suggesting the the US could come remotely close to oil self sufficiency. Two days and no comers on my request.
By the way, y'all may wish to ask the folks in Pensacola about that moratorium.....



as I said, I can see the point of those who don't wish to idle a few thousand rig hands and engineers, but yesterday's events seem to show that no one has a real clue what they're doing at those depths. I'm not one of those who suggest that BP is alone in incompetence at this stuff. I suspect these problems are a good deal of why Exxon is not as gung-ho on deepwater drilling or even aggressive oil exploration of any type. They've headed into the natural gas business full time, and might prove smart for doing so.

[Pudfark]

hmmm, I guess maybe no one can find anything suggesting the the US could come remotely close to oil self sufficiency. Two days and no comers on my request.
By the way, y'all may wish to ask the folks in Pensacola about that moratorium.....



as I said, I can see the point of those who don't wish to idle a few thousand rig hands and engineers, but yesterday's events seem to show that no one has a real clue what they're doing at those depths. I'm not one of those who suggest that BP is alone in incompetence at this stuff. I suspect these problems are a good deal of why Exxon is not as gung-ho on deepwater drilling or even aggressive oil exploration of any type. They've headed into the natural gas business full time, and might prove smart for doing so.

Slick, I didn't see you prove up your numbers? At what point in time did the U.S. run out of oil? Did it ever occur to you, that our oil sits in the ground, like money in the bank, collecting interest? While the "greedy" owners of it develop other oil in other countrys and that they are playing both sides against the middle? That these same folks who own the oil, including our Federal Government are use the tree huggers and enviornment groups to be their "patsy" and perpetuate their scheme?

You say that we are "ignorant victims" of this and should see the brighter more accurate side (yours)? I say, start pulling your head out and quit using it for a dipstick....cuz, your measurement is all wrong.

Here is a bleak picture for you and simple math proves it to be true. Whoever, in the future, controls the Energy, Food and Water will be in control......just watch Chavez in Venezuela...

[callmeslick]

Pud, I cited figures from the oil industry itself. Where are yours? Put up, or shut up, as they say.
We have a 3 1/2 year supply in proveable reserves, maybe another 5 in likely reserves beyond that. This nation is not, nor never will be able to sustain current usage levels of petroleum. It's that simple.

You are correct, btw, to suggest that control over food and water will become as important as oil, in the not-too-distant future. There we have some hope, as we are the world's largest food producer, and still have a lot of water available, should we avoid fucking it up with the gas drilling. As for the mention of that weasal Chavez, note that he has already cut a longterm deal with China. Thus, to go full circle in this thread, you just gave the rationale as to why Obama ponied up for exploratory drilling and production in Brazil. You wouldn't want to put all your chips on the middle East, would you?

[Daiichidoku]

You are correct, btw, to suggest that control over food and water will become as important as oil, in the not-too-distant future. There we have some hope, as we are the world's largest food producer, and still have a lot of water available, should we avoid fucking it up with the gas drilling

by that time, you wont have (enough of) the water, that WILL be coming from Kanada


never fails to amaze me, seeing film or video of oil rigs blowing natural gas into the air, ignited, all the way to the present day
we have used NG for mainstay home heating here since the 60s IIRC, SO many things can be powered by it, i cant believe the waste involved with it over many, many years

just doenst make any sense