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06-20-2008, 03:11 PM
| #1 (permalink) |
| Banned Join Date: Mar 2007 Location: On the forums
Posts: 8,320
My Mood:  Tournaments Joined: 0 Tournament Wins: 0  |  Obama: Offshore drilling will not lower gas prices this year, next year or 5 years from now Agree or disagree? |
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06-20-2008, 03:24 PM
| #2 (permalink) |
| AA Join Date: Apr 2007 Location: Maryland
Posts: 689
Tournaments Joined: 0 Tournament Wins: 0 | Re: Obama: Offshore drilling will not lower gas prices this year, next year or 5 years from now Many people (including McCain, I believe) have stated it would be a decade or two before it would have any effect.
__________________ There's no such thing as a pretty good aligator wrestler. |
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06-20-2008, 03:26 PM
| #3 (permalink) |
| Banned Join Date: Mar 2007 Location: On the forums
Posts: 8,320
My Mood: Tournaments Joined: 0 Tournament Wins: 0 | Re: Obama: Offshore drilling will not lower gas prices this year, next year or 5 years from now What is the point of drilling when we need solutions yesterday and effects will not be felt while either of the two candidates is in office? |
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06-20-2008, 03:33 PM
| #4 (permalink) |
| AA Join Date: Apr 2007
Posts: 541
Tournaments Joined: 0 Tournament Wins: 0 | Re: Obama: Offshore drilling will not lower gas prices this year, next year or 5 years from now Offshore drilling will certainly increase oil supply, which could help alleviate prices in the right conditions. Obama just doesn't want anyone to think he has the wrong idea, even though he does. You could have asked what the point of drilling was in the 70s if it wouldn't solve shortages right away, too. A lot of people did. Now that we are dealing with those consequences, we find it would have made a lot of sense to drill. I read something the other day, Big, that I thought you might find interesting and I'll have to try to find it again. It was a news piece that a power company contractor in Saudi Arabia wrote. According to this lady, natural gas to fire power plants in the Middle East is scarce and getting very expensive. Their power company is already in talks with several US coal companies and is willing to pay top dollar for US coal. This company expects that in 10 years, the US will be a net exporter of energy to the Middle East, not the other ways around. I'll have to try to find that article again. |
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06-20-2008, 03:37 PM
| #5 (permalink) |
| Banned Join Date: Mar 2007 Location: On the forums
Posts: 8,320
My Mood: Tournaments Joined: 0 Tournament Wins: 0 | Re: Obama: Offshore drilling will not lower gas prices this year, next year or 5 years from now But what can we do to help with oil prices this year? Drilling might be important BUT certainly not for this year or next year. |
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06-20-2008, 03:56 PM
| #6 (permalink) | |
| AA Join Date: Apr 2007 Location: Maryland
Posts: 689
Tournaments Joined: 0 Tournament Wins: 0 | Re: Obama: Offshore drilling will not lower gas prices this year, next year or 5 years from now
__________________ There's no such thing as a pretty good aligator wrestler. | |
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06-20-2008, 04:12 PM
| #7 (permalink) |
| NCAA Champ   Join Date: Mar 2008 Location: Iowa
Posts: 1,204
Tournaments Joined: 0 Tournament Wins: 0 | Re: Obama: Offshore drilling will not lower gas prices this year, next year or 5 years from now We need no more increased land for offshore drilling. What we need is to ask the oil companies why they aren't drilling on the millions uopn millions of acres of offshore land leased to them at present. Keep in mind that what they are asking for is more land, but yet they are not drilling on the vast, vast majority of land that has already been leased to them. Why? Who cares anyway? Let's bring back the electric car.
__________________ UNI Panthers...23 Consecutive West Regional Titles!! UNI Panthers...Back On The All-American Podium Again!! My ignore list: Cyclone85; skipster; tight-waist; Ignatius J. Reilly. Last edited by ban basketball; 06-20-2008 at 05:24 PM. |
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06-20-2008, 05:55 PM
| #8 (permalink) | |
| Super Moderator   Join Date: Mar 2007 Location: Littleton, CO
Posts: 2,910
My Mood:  Tournaments Joined: 2 Tournament Wins: 0 | Re: Obama: Offshore drilling will not lower gas prices this year, next year or 5 years from now
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06-20-2008, 06:07 PM
| #9 (permalink) | |
| NCAA Champ Join Date: Mar 2008 Location: Iowa
Posts: 1,204
Tournaments Joined: 0 Tournament Wins: 0 | Re: Obama: Offshore drilling will not lower gas prices this year, next year or 5 years from now
Really? In 46 million undrilled, unexplored acres they've just assumed that there's no oil there? How do they know that if they haven't explored it? Why, also, wouldn't it be economical, especially compared to going all of the way up to Alaska and getting the miniscule amount of oil that they'd get there? I'm not buying it that they pay any taxes at all. Many major U.S. corporations pay zero in taxes, and I'll assure you that oil companies are tops on that list. If they are paying taxes, good, as their profits are being made off of the back of the U.S. economy. That, to me, is as criminally un-American as you can get. Yet, we worry about folks like me who call out injustice and a "resident" who lied American soldiers into their deaths in Iraq. So, how much you making from oil, or are you another one of those cases of false consciousness that wealthy right wing fascists sell people into their way of thinking?
__________________ UNI Panthers...23 Consecutive West Regional Titles!! UNI Panthers...Back On The All-American Podium Again!! My ignore list: Cyclone85; skipster; tight-waist; Ignatius J. Reilly. | |
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06-20-2008, 06:18 PM
| #10 (permalink) | |
| Super Moderator Join Date: Mar 2007 Location: Littleton, CO
Posts: 2,910
My Mood: Tournaments Joined: 2 Tournament Wins: 0 | Re: Obama: Offshore drilling will not lower gas prices this year, next year or 5 years from now
Second they do pay taxes, they have to pay taxes that is the law. Now you could argue they don't suffer any loss due to taxation because they and all companies turn around and pass the cost of taxation on to the consumer like they do any financial loss. But it is a fact that what they pay in one year is greater than the amount 50% of the people pay. Their profits are made off the back of the global community considering that is how oil is traded. I have no idea where you are going with the last statement, more liberal nut job gibberish. I do stand to gain from the rise in prices in the oil and natural gas field along with copper. I just don't hate people for making money. But one thing you should note is that of all the wealthy republicans and Democrats, Republicans especially conservative republicans give more to charity than Dem's do. You know the party of the people. | |
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