why dems don't want drilling.

#2
#2
perfect example of the new socialism of the American left. Only they know what's good for us and we can go to hell if we don't like what they've decided.
 
#3
#3
There is also the concern that drilling won't do anything for oil prices -- based on some estimates the current proposal would release only 18B barrels of oil......enough for a 3 year supply for the U.S. Considering we have roughly 3% of the worlds reserves and 25% of the consumption......do you really think drilling is going to help? To be honest, I don't really care if they drill -- but I'm pretty sure it will do very little and in time, we will see that.
 
#4
#4
we have diff places here in the USA where we can drill for oil. i think it'll help some, i'll take a lil help over no help at all
 
#5
#5
VolByBirth said:
There is also the concern that drilling won't do anything for oil prices -- based on some estimates the current proposal would release only 18B barrels of oil......enough for a 3 year supply for the U.S. Considering we have roughly 3% of the worlds reserves and 25% of the consumption......do you really think drilling is going to help?
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Yet there are some estimates that suggests there is considerably more oil.

It doesn't have to last forever - but it could ease supply pressures both by adding a source of supply and as importantly, by having a political stable (compared to ME, Nigeria, Venezuela) source of oil. There is a "fear" premium built into the price due to uncertainties associated with political stability. This could be eased.
 
#7
#7
volinbham said:
Yet there are some estimates that suggests there is considerably more oil.

It doesn't have to last forever - but it could ease supply pressures both by adding a source of supply and as importantly, by having a political stable (compared to ME, Nigeria, Venezuela) source of oil. There is a "fear" premium built into the price due to uncertainties associated with political stability. This could be eased.
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Correct, even if there is the lower estimate of oil available to us it will buy us time until other resources become practical and affordable for the average American.
 
#8
#8
drilling will help lower the price. there are also estimates that say we would have 50+ years of oil if we drilled.
 
#10
#10
So, how long have the oil companies held the leases to the offshore areas that they can currently drill on? I'm mainly asking this because I wonder how long the permitting takes, building, etc. before they can actually produce their oil. Do the areas that they want to open up now have more oil than these areas, or do they just want more chances to find their oil. I'm a little confused about the areas they have now vs. the areas they want.
 
#12
#12
volinbham said:
yes - he wanted us to kill them...:p
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I guess....does that go along with if God didn't want us to do embryonic stem cell research, then he would never have given us the technology to do it? :)

I'm not trying to be anti-religion, God, etc....I'm just saying...there are a lot of things that we could do, that we probably shouldn't....and God has likely given us both the ability to do it and the ability to discern whether we should or shouldn't.
 
#13
#13
TennTradition said:
So, how long have the oil companies held the leases to the offshore areas that they can currently drill on? I'm mainly asking this because I wonder how long the permitting takes, building, etc. before they can actually produce their oil. Do the areas that they want to open up now have more oil than these areas, or do they just want more chances to find their oil. I'm a little confused about the areas they have now vs. the areas they want.
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i was listening to the news and had read some articles that the land leased is pretty much dry. apparently they are drilling on a very small percentage that has some output.

i'd not heard of that until just recently, the dems where charging that the oil companies would not drill on land already leased. the oil companies say there is no oil under this land.
 
#14
#14
TennTradition said:
I guess....does that go along with if God didn't want us to do embryonic stem cell research, then he would never have given us the technology to do it? :)

I'm not trying to be anti-religion, God, etc....I'm just saying...there are a lot of things that we could do, that we probably shouldn't....and God has likely given us both the ability to do it and the ability to discern whether we should or shouldn't.
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i don't know if drilling for oil is a fair comparison to embryonic research.
 
#15
#15
So, they know ahead of time that this new land will have oil, but they didn't know before they bought the leases that the old land didn't have oil?
 
#16
#16
joevol320 said:
i don't know if drilling for oil is a fair comparison to embryonic research.
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He wasn't drawing that comparison. He was just responding to an unrelated post that had nothing to do with drilling for oil.
 
#17
#17
joevol320 said:
i don't know if drilling for oil is a fair comparison to embryonic research.
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It isn't so much the 1:1 comparison that I'm going for....the argument that if something is available then it must mean God wants us to do it just doesn't make sense to me. Maybe the original post was just a joke...no problem. But, I hear those arguments from time to time and it is all too easy to apply it to whatever case you feel the need to support....if God didn't want me to do it, then he wouldn't have let me, given me the opportunity, given me the tools, etc.
 
#18
#18
TennTradition said:
I guess....does that go along with if God didn't want us to do embryonic stem cell research, then he would never have given us the technology to do it? :)

I'm not trying to be anti-religion, God, etc....I'm just saying...there are a lot of things that we could do, that we probably shouldn't....and God has likely given us both the ability to do it and the ability to discern whether we should or shouldn't.
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I agree - I was just playing along.
 
#20
#20
TennTradition said:
So, they know ahead of time that this new land will have oil, but they didn't know before they bought the leases that the old land didn't have oil?
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i'm not sure, it seems they wouldn't know until they got the lease. they would have to do a lot of testing and measuring to find signs of oil. i don't think they want to lease land that wouldn't produce a profitable amount of oil.
 
#21
#21
TennTradition said:
It isn't so much the 1:1 comparison that I'm going for....the argument that if something is available then it must mean God wants us to do it just doesn't make sense to me. Maybe the original post was just a joke...no problem. But, I hear those arguments from time to time and it is all too easy to apply it to whatever case you feel the need to support....if God didn't want me to do it, then he wouldn't have let me, given me the opportunity, given me the tools, etc.
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i know what your saying. God planted the tree of knowledge of good and evil and told adam and eve not to eat from it.
 
#22
#22
TennTradition said:
So, they know ahead of time that this new land will have oil, but they didn't know before they bought the leases that the old land didn't have oil?
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I belive they get these leases from the government in 2 or 3 year lengths. In that time they have to determine where the oil is and if it is enough and accessible in a way as to be profitable to get out. Also, have to consdier they have a limited amount of equipment and people. But I see you devil's advocate line of questioning. I am not sure why oil companies would choose to pay for the leases if they thought they could not make money off the land. As to ANWR, I would guess that it is understood that the oil is there and in greater quantities than anything they are currently leased on to.
 
#24
#24
allvol123 said:
I belive they get these leases from the government in 2 or 3 year lengths. In that time they have to determine where the oil is and if it is enough and accessible in a way as to be profitable to get out. Also, have to consdier they have a limited amount of equipment and people. But I see you devil's advocate line of questioning. I am not sure why oil companies would choose to pay for the leases if they thought they could not make money off the land. As to ANWR, I would guess that it is understood that the oil is there and in greater quantities than anything they are currently leased on to.
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They may want to lock up land to keep it from other drillers. There may be reserves but they are not profitable to extract - but, they want to keep it out of the hands of their competitors.
 
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