SO, I hear talk that Obama is thinking about opening up the US oil reserves in an attempt to ease worries of oil supply. Can you say "too little too late". Weak PR move at best.
What's it gonna take, Saudia Arabia unrest before we figure it out,......... our economy rests on oil. Don't like that fact, tough, it's fact..
It's high time to DRILL BABY DRILL..actually past high time, BUT..
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A government big enough to give you everything you want, is big enough to take away everything you have.
Its not just past time to "Drill baby drill", its also WAY past time to bring out CNG (compressed natural gas) vehicles for retail sale.
I occasionally see some up for sale through Municipal Auctions, but have never seen one on a dealership lot.
With the amounts of Natural Gas Reseves that America has, there is no reason we cannot use them as an alternative to refined gas products, for our transportation needs. THey are already in some limited use in Major cities as Cabs, Limousines, Busses and other means of public and private transportation.
Most Municipalities have Natural Gas lines in and around them. The feasibility of creating pump's at Gas Stations is there.
The conversion technology for current vehicles is already available, at marketable prices.
We have the power and means to make this happen. So lets get 'er done.
If you want a natural gas vehicle you can buy one today. You need it in your home, you need to buy an approve dispensing device to track your road taxes due and drive less than 100 miles. Most won't like them because of that limitation of distance.
Using reserves is Obama's attempt to buy votes. Plan and simple. He's backed into the corner and wants 4 more years of power. People will see thru this.
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Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
Using reserves is Obama's attempt to buy votes. Plan and simple. He's backed into the corner and wants 4 more years of power. People will see thru this.
It could also backfire on the village idiot, if he uses too much of the reserve and then something drastic happens in the middle east and we caught picking up the soap with our shorts down!
It could also backfire on the village idiot, if he uses too much of the reserve and then something drastic happens in the middle east and we caught picking up the soap with our shorts down!
Won't happen and even if it did it can be replaced in a heart beat. There's no shortage except a shortage of oil that isn't controlled by robber barons who keep raising the price every time someone agrees to pay for it.
Flood the market with 1.00 a barrel oil and things will return to normal (free market rules of supply and demand) and he can guarantee his reelection
I know people are listening, if you want Obama reelected do it. You'll be the Teddy Roosevelt of your day.
Will he do it? He's a crummy politician, bought and paid for cheaply. He will never do it. He ain't no Teddy Roosevelt.
Location: On an Island in the west coast of New England
Posts: 13,134
My bet is the gas issue will be slowly taken care of just in time for the 2012 elections. No chance of having a favorable rating if our economy is in the crapper fueled by high gas prices. They know that and will do what it takes to reel in big oil and artificially stimulate a lower price per barrel. And before anyone says it has nothing to do with big oil....they don't achieve record profits without making money. Either they sell more or make more per unit to gain revenue. Controlling costs is another way to increase the bottom line but no need to do much of that when you can raise the price daily and get away with it.
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Last edited by Champlain Islander; 03-07-2011 at 05:48 AM.
Location: land of the Lilliputians, In the state of insanity
Posts: 24,186
Isnt it odd. We had two hurricans that destroyed refineries which shot oil to 4 bucks a gallon and the media blamed Bush, over and over. Now they are as quite as a church mouse.
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kaafir mushrik
Unintended consequences and God have one thing in common: Liberals don’t believe in either of them.
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Last edited by burniegoeasily; 03-07-2011 at 09:07 AM.
Location: On an Island in the west coast of New England
Posts: 13,134
I always scratch my head when the price skyrockets and you hear the reason. Almost like a guy sitting at a dart board and throws the dart. Oh...the reason the price is going up was a storm...or unrest in the ME, or high unemployment, or rumors that Chavez was cutting the US out, or bad weather in the Gulf states or a full moon. Fact is there isn't a real reason since it is artificially moved to create profits. Speculation on that ship of crude causes much of the rise. Every time it is bought and sold the price goes up.
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Too busy with fishing to spend much time here.
Speaking of BIG OIL, their profit margins should be sky rocketing again, so we should expect to hear about that real soon too, heh? Probably not!!! Should, but.. probably won't make it in the news.
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A government big enough to give you everything you want, is big enough to take away everything you have.
Location: On an Island in the west coast of New England
Posts: 13,134
Actually it usually does make the news. They are in control and don't have anything to oppose them so there isn't any reason not to brag about the profits. Clear sailing to impressive returns. The only thing to force them to lower prices is over supply...or competition and they won't let that happen. 2 pieces of the high prices. The speculation on the crude driving it up and the monopoly on the end product. I feel both are controlled by the same people.
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Too busy with fishing to spend much time here.
start using oil reserves
