Drill Here. Drill Now. Pay Less.

[wtm442]

Originally Posted by nevermind65

Drilling every known reserve in the U.S. still isn't going to do squat for us in the long run.

The conservative estimated oil available that we could tap into is MORE than all of the oil in Saudi Arabia. I guess that not enough.

If we overnight could triple the enery producted by solar, wind and geothermal energy, the total from those 3 would jump all the way to 2% of the energy used in the USA.

[stengun]

Howdy,

Gee, I haven't been on here in awhile.

Wow wee. Yep my single biggest expense other than my mortage is gasoline.

Fred, here's some bad news.......

Even if there was a magical pipeline that appeared out of nowhere that produced the highest quality of gasoline on earth and was giving to Big Oil, why would still rape the mid and low class peeps here in the USA. So, more oil/gas is not the answer, we already have more supply than demand. If you don't think that we have more supply than demand, when is the last time that you saw stations w/out gas? For my area, it's been about 35 years.

Cobra de capell, on 1-20-01 in my area gas was $.96 a gallon. During the summer of '06 gas was that $3.15 a gallon. Right before the Nov 06 election, it dropped from $3.05 down to $1.95 a gallon, then by summer 07 it was back up to almost $3.00 a gallon and hasn't looked back since. Friday, I saw unleaded for $3.91/gallon. This is my area and based on you state taxes, it may be higher.

Even if all the oil drilling bans were lifted, Big Oil would just send the oil to Communist China.

Paul

[392cobra]

Originally Posted by stengun

Howdy,

Gee, I haven't been on here in awhile.

Wow wee. Yep my single biggest expense other than my mortage is gasoline.

Fred, here's some bad news.......

Even if there was a magical pipeline that appeared out of nowhere that produced the highest quality of gasoline on earth and was giving to Big Oil, why would still rape the mid and low class peeps here in the USA. So, more oil/gas is not the answer, we already have more supply than demand. If you don't think that we have more supply than demand, when is the last time that you saw stations w/out gas? For my area, it's been about 35 years.

Even if all the oil drilling bans were lifted, Big Oil would just send the oil to Communist China.

Paul

Paul,
Thanks for reining me in on this.I'm not positive how I got so far off base on oil & drilling.
As devious as Bush is I think blaming him would be a safe bet though.

[nevermind65]

Hmmm...that article is dated February 13, 2008 and they stated the information would be released in 30 days.

So, what was the outcome? When are they going to start drilling? I'm all for it. Where is our 500 billion barrels and why are we still paying over $4.00/gal? Just the finding of the oil alone would have driven down the price of oil by a huge amount.

Got an updated article?

Originally Posted by wtm442

The conservative estimated oil available that we could tap into is MORE than all of the oil in Saudi Arabia. I guess that not enough.

If we overnight could triple the enery producted by solar, wind and geothermal energy, the total from those 3 would jump all the way to 2% of the energy used in the USA.