The coming oil shortage-what are you doing to prepare?

The current administration has not banned oil from the Gulf of Mexico. Companies are pumping it out 24/7. Saying "...currrent admin bans gulf oil..." is self-serving, if not ignorant. I'm generally in favor of suspending new leases. Especially when there are existing leases out there that could be utilized, and are not.

Ummm...there was a deep water 'moratorium' was there not? The admin was taken to a Louisiana court, and lost. Then they invoked an even bigger ban.. All this is easily confirmed.
 
Obama bans eastern Gulf drilling for 7 years

December 01, 2010|By the CNN Wire Staff

The ban on drilling in the Gulf is a result of the April 20 explosion of BP's Deepwater Horizon drilling rig.
President Barack Obama will not be allowing new drilling in the eastern Gulf of Mexico for at least seven years, Interior Secretary Ken Salazar announced Wednesday.
 
And what happens with compromise? Generally the only winner is the government bureaucracy, not the people.

Well generally you get somethimg most of the people can live. The other way one or the other side manages to ram through what it wants and alienates the other half of the population. It is called being reasonable when making a deal on a person to person level. If you like stalemate and never ending inertia then being stubbornly adversarial is the way to go. Is actually getting a solution less important than being dogmatic?

Bob
 
The answer to that, like with photographic questions, is "it depends." :)

I'd rather have a stalemate and no solution, if said solution is a poor one.

Gridlock is not a necessarily a bad thing. That's the reason for built-in checks and balances...
 
Still going with ignorant. The Gulf of Mexico currently accounts for roughly 30% of US oil production, even with the drilling ban.

http://www.eia.doe.gov/special/gulf_of_mexico/index.cfm

And there are more wells already drilled, ready to put into production. The drilling ban does not "ban gulf oil", as you suggested (in Fox news fashion).


Obama bans eastern Gulf drilling for 7 years

December 01, 2010|By the CNN Wire Staff

The ban on drilling in the Gulf is a result of the April 20 explosion of BP's Deepwater Horizon drilling rig.
President Barack Obama will not be allowing new drilling in the eastern Gulf of Mexico for at least seven years, Interior Secretary Ken Salazar announced Wednesday.
 
So the 'real left' you speak of is not the same as this left?
Correct... although some of the "negative" elements are not new.. I see a lot of America First Committee in the Tea Party... and I see a lot of pre-20th Congress CP/USA Stalinism poking its head out..
"The left marches hand in hand today with terrorists and arab nationalists."
This perhaps has a longer tradition too... "What peace movements have not sided with totalitarian dictators?"..
A $6B budget with 1M active soldiers isn't much.
What do you think the soldiers are being paid? The average monthly wage in North Korea is less than $47 USD. The cost of living is, however, not that cheap. A kg of rice, for example, costs around $1 USD.
 
Oh, I agree, mismanagement to the extreme. The current situation was entirely government bureaucratic corruption.

America must also do an about face in terms of exploiting its own natural resources (such as oil.) The pols have been talking about reducing foreign oil consumption for decades; now the currrent admin bans gulf oil...sigh.

Who elected the government? And the previous one? And the one before that?

As I said, there's a basic flaw in democracy. But there are bigger flaws in all the alternatives.

Cheers,

R.
 
Last time I checked, bureaucrats are not elected. This is why newly created bureaucracies are nearly impossible to kill, no matter which administration takes over...
 
Damn right it's whatever I say. Unlike you, I'm in the industry. Drilling, production, and leasing are all different things. First comes leasing, then drilling, then production.

Thanks for the explanation. I don't think I could have deduced this without your help! Heh.
 
I like how GW morphed into AGW (Human-caused GW) over the decades. It's an epic example of moving the goalposts!

Even in the 70's scientists were saying "we are causing global warming." Of course there was denial. Now that the weather is kicking us in the nuts, nobody can argue against global warming. Solution: AGW, "yeah, there's global warming, but we didn't cause it."

The next goalpost movement will be USGW denial. The deniers will look at the evidence, and say "yeah, there's global warming, and people caused it, but the United States had nothing to do with it! It's them damn Chinese, they're not driving clean-burning SUV's like we are!" :)
 
I don't participate in these sorts of threads anymore, but I sure do find them useful.

Political discussions are very efficient at revealing whether a person likes to hide behind "evidence" while making decisions and statements that are purely ego-driven (whether the particular form of ego involved is the need to be perceived as "iconoclastic", the need to spur hatred of a putative "common enemy", or many others).

And that, in turn, gives me a little window into whether their opinion about even something prosaic like, say, photography is likely to have any worth at all...
 
Here in Japan the price of gas has been over $5 per gallon for years. I simply walk, ride a bike, or use public transportation. Not only do I save money, but I stay healthy too.

When I lived in America I had three vehicles, a car, a jeep, and a motorcycle. But even with three vehicles I rode my bicycle when the weather allowed. My daily commute was 20 miles each way, each day. After several months of cycling to and from work, I had lost several pounds and had a resting pulse of 48 beats per minute.

My family owns a large parcel of land in west Texas, and I have nearly finished building an energy self-sufficient home. I built thick, extra-insulated walls, double pane glass, and situated the house so as to let the sun shine through the windows in the winter, but not in the summer. The house is fully solar powered, but I was able to buy the equipment cheaply by salvaging solar panels from wrecked highway signs. The only large expense was the battery storage system, but the cost of the batteries is recouped after only 8 months of being off the grid. The batteries last about 8 years, so you can imagine the amount of money saved.

As for global warming, it's nonsense. Climate has changed more drastically over shorter periods of time in the past than it is now, and even Dr. Phil Jones, head of EAU's climate change unit had to admit to the BBC that there has been no statistical global warming since 1995, and that the hot years in 2003 and 2010 were due to El Nino influences. "Climategate" was much more publicized in Europe than in America. And interesting note is that while the ice caps were shrinking (and then re-expanding) on earth, they were doing the same thing on Mars... Those probes we sent to Mars must have generated some serious C02.
 
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Here in Japan the price of gas has been over $5 per gallon for years.....

Tell me about it, my relatives in the USA moan all the time about what they pay but they soon go quiet when you tell them we're paying the equivalent of $9.41 a gallon here in England !! :rolleyes: :eek: :(

Now *that is* expensive.

$5 ??? I wish!
 
Well, let's see how the new electric vehicles shape up in the next 5 years. Hopefully, I will have a job by then to purchase one for my short-range driving and kiss the gasoline bill goodbye, or at least 80% of it!!! Can't wait for that.
 
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