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Old 08-04-2008, 10:52 AM
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Quote:
Originally Posted by GlynMeek View Post
Here's what confuses me. (well, just one of the things) We hear that even if we started drilling today, we wouldn't see the benefit for years. On average, it takes maybe 60 days for the average 'hole in the ground' to determine if it is a producer, perhaps another 30 to cap it and start production, after which the oil can be taken directly to the refinery...perhaps a few days to refine it into gasoline etc.

I make that 3 months, give or take...how come the government tells us 5 years?

What am I missing?

Glyn
Well here's a thought... If we are going to do a bunch more off shore drilling, we will probably need a lot more off shore drilling rigs. I guess to build such things, we will need to ship a bunch of scrap metal from recently retired SUVs off to China and wait for some company in China to build the rigs for us. I'm sure that the rigs will start showing up in the near future, but it will take quite a while to get enough delivered to make a difference.

Since we seem to have trouble building new refineries, we can probably ship the oil from our off shore drilling to some other country that can cut thru the red tape and build refineries, and then ship the gas back here.
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Old 08-04-2008, 11:12 AM
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Here's another web post that rings true to me (responding to BO claim that it would take 10 years to produce more domestic oil).....

As if anything that would take that long is automatically out of the question, because . . . I guess, . . . we are too . . . impatient? His real reason is, of course, that he and his enviro-kook buddies don’t want drilling anywhere, anytime.

But let’s call his bluff on the 10 year B.S. just to set the record straight. It turns out that people who actually know what they are talking about, oil company folks, disagree with His Holiness. From The Street.


A Congressman followed my segment and suggested that drilling wouldn’t help for 10 years or more. I know this is absolutely untrue, so I called Transocean, the biggest driller in the world. An officer of the company told me that depending on the location of the drilling, oil could be realized in as little as a year.

Ultra-deepwater fields might produce in 3-5 years. For the most remote locations, without any prior infrastructure support, that barrel may require a 4-6 year window. I suggested 8 years and he said that he could not envision a situation where it would require more than 6 years to bring a barrel out of the ocean floor.

____

Hmmm. Where is the 10 year figure? It is a figment of the Obama’s imagination. We can get oil in one year. If we started with nothing and sailed out to sea to drill, it’s 4-6 years, max.

Another liberal lie to prop up environmental extremism at the expense of normal Americans who can’t afford gas to get to work.

The only real question is not how long, but how safe as none of us wants to destroy the environment in the process, but getting to work at a reasonable cost is of real concern, as is the cost of food and every product since transportation costs impact practically everything.
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