Oil supply...

Larry Gude

Strung Out
...is NOT the issue.

"The concern we have is about the security of demand," Khelil, who is also Algeria's energy minister, told delegates at industry event the World Petroleum Congress in the Spanish capital.



He said there were "big uncertainties" about making huge investments in infrastructure to increase output from the 13 OPEC member countries, which currently pump about 40 percent of world oil.

Think about that.

Oil prices shoot higher after OPEC comments
 

Larry Gude

Strung Out
What...

When the dude talks about uncertainty, he's describing the problem the tree huggers and moose bangers have created for the U.S. by prohibiting reasonable harvesting of our own oil and development of refining capacity to replace aged and obsolete facilities. Thank a Democrat for supporting this stupidity!

...wasn't really spelled out is that it doesn't make good business sense, long term, to invest in production expansion if the flaky US is going to mandate reductions. Our own :jameo: over oil is going to help keep prices high whereas historically, a period of high prices has seen production catch up in a year or two.
 

drmatsci

New Member
You know, if CA doesn't want drilling off their shores, then they should have that right to say 'no'. Deal with it. Its not a sin to say 'no' to big companies. On the other hand, if you want a well on your land, go for it.

I love the current big oil adds where they describe their policy and talk about how they have invested in other technology, including advanced battery technology. Which is simply an admission, as many have said, oil companies did / do indeed buy up competing technologies, such as advanced batteries. Think about it - if you owned a technology company, wouldn't you try to buy out competeing technology? Of course you would, its part of buisness. I just find it funny to hear their spin on it. Like they are now our saviors for investing in alternative technology!

Save us, big oil, save us!:evil::killingme
Just like tabacco companies want us to stop smoking!!
 

Larry Gude

Strung Out
Interesting...

You know, if CA doesn't want drilling off their shores, then they should have that right to say 'no'. Deal with it. Its not a sin to say 'no' to big companies. On the other hand, if you want a well on your land, go for it.

...point of view. You realize that Alaska has, for over a decade, been tying to get pumping in ANWR?
 

drmatsci

New Member
That's odd, considering must alaskan's were furious over the recent court choice to lower the settlement from Exxon...
 

drmatsci

New Member
Settlement based on the fact that most alaskan's make their living off tourism and fishing and that a huge portion of the fishing industry suffered because of said event. I really doubt the population of alaska wants that to happen again. So is it the population that really wants drilling? The natives? Or the big oil companies that give large sums of money to the politicians?
 

Larry Gude

Strung Out
Well...

Settlement based on the fact that most alaskan's make their living off tourism and fishing and that a huge portion of the fishing industry suffered because of said event. I really doubt the population of alaska wants that to happen again. So is it the population that really wants drilling? The natives? Or the big oil companies that give large sums of money to the politicians?

...you can go look it up for yourself how they feel about it. They WANT drilling. Also, the Valdez accident, bad as it was, is truly a rare event.
 

itsbob

I bowl overhand
Settlement based on the fact that most alaskan's make their living off tourism and fishing and that a huge portion of the fishing industry suffered because of said event. I really doubt the population of alaska wants that to happen again. So is it the population that really wants drilling? The natives? Or the big oil companies that give large sums of money to the politicians?

Yanno, the Alaskans that get PAID instead of paying taxes.. all from oil revenue.. Oh yeah, they want more drilling. They want to supplement that $1200 - 2000 a year they GET from the state, while us lowlanders PAY our state more than what the Alaskans get from there's.
 

itsbob

I bowl overhand
Didn't the Governor of Alaska announce last week due to the high price of gas/oil she was awarding all Alaskans an additional $1200 this year in their yearly oil payout?
 

drmatsci

New Member
Yes, but my example was CA, and they don't want it. So my point stands, if people don't want it don't force it. If you are right, and Alaskan's really want it, than so be it. Although I don't think the next administration will allow it.

Still, its no reason not to embrace alternative technologies. Fully electric cars, whether battery, electrical energy storage devices or mechanical energy storage devices, make a lot of sense. Each area of the country would produce electricity in the way easiest and cleanest for them (hydro, solar, nuclear, wind, gas, etc) and pollution is much easier to control at a single source. Plus, electric vehciles wouldn't require a whole new infrastructure. Every gas station already has power to it. Hydrogen is just another way to store electrical energy, and really adds an extra step and a huge infrastructure.

Oil as a source of fuel for passenger cars will go the way of the dinasour, eventually, but as Big Oil has a lot of power over our government its going to take a long time. Bringing this back to the story, while high oil/gas prices suck because of food prices and hurting the economy, I think it will help in the long run. The higher the prices go, the more people are willing to turn to alternatives. Big Oil will eventually put themselves out of buisness. And democrates or republicans who truely believe in alternative energy would indeed want to keep prices high, supply tight or not. It does make sense if you want to move poeple to alternatives.
 

SJC

New Member
Has anyone read The Non Energy Crisis by Lindsey Williams? I read about it on another forum and have read it. I had an uncle work on the pipeline and I remember some of the things talked about in the book mostly permit and delay tactics. I am trying to research more for my own validation.
 

blazinlow89

Big Poppa
Yes, but my example was CA, and they don't want it. So my point stands, if people don't want it don't force it. If you are right, and Alaskan's really want it, than so be it. Although I don't think the next administration will allow it.

Still, its no reason not to embrace alternative technologies. Fully electric cars, whether battery, electrical energy storage devices or mechanical energy storage devices, make a lot of sense. Each area of the country would produce electricity in the way easiest and cleanest for them (hydro, solar, nuclear, wind, gas, etc) and pollution is much easier to control at a single source. Plus, electric vehciles wouldn't require a whole new infrastructure. Every gas station already has power to it. Hydrogen is just another way to store electrical energy, and really adds an extra step and a huge infrastructure.

Oil as a source of fuel for passenger cars will go the way of the dinasour, eventually, but as Big Oil has a lot of power over our government its going to take a long time. Bringing this back to the story, while high oil/gas prices suck because of food prices and hurting the economy, I think it will help in the long run. The higher the prices go, the more people are willing to turn to alternatives. Big Oil will eventually put themselves out of buisness. And democrates or republicans who truely believe in alternative energy would indeed want to keep prices high, supply tight or not. It does make sense if you want to move poeple to alternatives.

Damn hippies
 

beerlover

New Member
Has anyone read The Non Energy Crisis by Lindsey Williams? I read about it on another forum and have read it. I had an uncle work on the pipeline and I remember some of the things talked about in the book mostly permit and delay tactics. I am trying to research more for my own validation.

I read it and also heard him on a radio show. Very interesting.... I wonder if what he said he witnessed was true. He said that the goal was to let the price of oil rise to $150 a barrel and then they would "discover" Gull Island all over again and start pumping it. He said that back in the 70's when he wrote the book, so I don't know if he's talking $150 in today's dollars or not.
 

Larry Gude

Strung Out
Here's...

I read it and also heard him on a radio show. Very interesting.... I wonder if what he said he witnessed was true. He said that the goal was to let the price of oil rise to $150 a barrel and then they would "discover" Gull Island all over again and start pumping it. He said that back in the 70's when he wrote the book, so I don't know if he's talking $150 in today's dollars or not.

...some more fun stuff that, to me, simply makes sense;

The Myth Of Peak Oil
 
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Dixie

Guest
I'm curious about something and I'm probably in the wrong thread. What was our oil situation back when Bush first got in office (and I may be answering my own question)?
In another thread - it's all the Democrats fault that the price of gas is so high because the Democrats are blocking drilling. If drilling was so important why didn't Bush try to shove this through when the Republicans controlled Congress (not so terribly long ago)? I'm asking this here because y'all haven't taken this to the name calling stage yet - asking the same question in the other thread just to see if there's a different take.
 
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