Comments on: Should we drill oil in America?

By: ka3udr

ka3udr — Sun, 17 Jan 2010 03:35:59 +0000

GOD gave us the oil to use, so I think we should use it. I have several solar panels and a wind generator. They are not the answer where I live in Pennsylvania. I doubt that I will live long enough to get my money back out of them.
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By: Charles D

Charles D — Sun, 17 Jan 2010 03:09:59 +0000

U.S. oil companies produce very little of the world’s oil, on the order of 3-6%. We consume on the order of 25% of the world’s oil. This means that, even with drilling in ANWR and the outer-continental shelf, we’ll still be importing several multiples of what we produce.

That means the world oil prices will still determine what we pay.

So why is this issue being pushed so hard by oil lobbyists? Because what constitutes a very small increase of assets in the world market (and thus a very small influence at the U.S. gas pump), constitutes a huge effect on U.S. oil company asset valuation. That’s their motivation.

If it’s any consolation, transportation will slowly become electrical, and energy sources will become decentralized enough so that we’re charging our cars at home, off the grid. We’ll be able to do that with our own windmills and solar panels on our own property. While wind power won’t drop in price much, solar panels will, as it’s currently a primitive technology with little information, but that information density is growing exponentially. In this sense, it’s like the semconductor business in the early days: few people could perceive that there was a revolution of exponential growth going on, not even Bill Gates.

I also know of another energy source in the pipeline that’s really promising that’s not in the press, and that would meet the country’s needs for centralized energy sources (without burning biofuels or accumulating toxic waste), but, not being in the mainstream press, it’s a little hard to provide links to back up what will seem like bold claims.
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By: canam

canam — Sun, 17 Jan 2010 02:57:59 +0000

Why certain people and groups want us dependent on mid east oil is beyond any reasonable thinking. Of course we need alternative sources but what happens while they explore those avenues? Do Pelosi/Reid/Obama expect us to wait for decades for even a beginning at alternative energy? When we do get alternative energy, we still need oil-and once the mid east sees we are serious, they will stop fleecing the american people.
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By: Edg1

Edg1 — Sun, 17 Jan 2010 02:27:59 +0000

Yes but with one giant proviso-ALL the new oil recovered must be kept HERE and not sold out on the open market.
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By: Tinman12

Tinman12 — Sun, 17 Jan 2010 01:42:59 +0000

My back yard is available for drilling. I don't care when they start if they want. Drill, drill, drill.
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By: just agree w/me it saves time

just agree w/me it saves time — Sun, 17 Jan 2010 00:56:59 +0000

WE should drill for the short term. The oil we produce should be marked for DOMESTIC sell only. While we are saving some $ and time there we should be exploring EVERY possible alternative fuel source that could help us become more independent of foreign oil.

They say that we are 10 yrs away from being able to use any of these alternative sources–Well what’s stoppin congress from getting started on that (I know Pelosi/Reid). Why don’t we do something that makes sense instead of saying what we can’t do and shooting down every possiblity before we get started?
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By: freedom watch

freedom watch — Sun, 17 Jan 2010 00:48:59 +0000

Drill now so we can have a bridge to the next type of fuel. We are 20 to 30 yrs away from alternative fuels that would replace the existing oil burning cars, planes, trains, plastics, rubber,ect. get the point.Why do we sit idly by when we have oil here? Obama has no plan,just change.
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http://digg.com/autos/Study_Fuel_cell_cars_still_15_years_away_at_best
http://pdf.standardlifeinvestments.com/exported/pdf/CG_Biofuels_Solution_Or_Problem/CG_Biofuels_Solution_Or_Problem_08.pdf

By: Moose

Moose — Sun, 17 Jan 2010 00:18:59 +0000

Bush, and for that matter B. Clinton, Bush 41 and Reagan are all at fault for our current energy policy, or lack thereof.

There is not enough oil, particularly since most geologists say it will be heavy/sour crude, not light/sweet that we need, nor will it come on line fast enough to make a difference.

But, I can get solar panels on my home in a few months. And, if the Republicans who blocked the last tax credit bill would stop trying to manufacture wedge issues, we might actually achieve independence.

Drilling is not the answer: conservation and alternative sources is. The fact that Neanderthal Palin is now the apparent VP nominee changes nothing. Drilling is inadequate as a solution to our problems.
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By: Shultzie knows best

Shultzie knows best — Sat, 16 Jan 2010 23:32:59 +0000

Drill early and drill often I always say……….
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By: Green Pagan SORD JPAS

Green Pagan SORD JPAS — Sat, 16 Jan 2010 22:51:59 +0000

We do drill in America…

And besides, there is plenty of oil-rich land open for drilling as well…

The oil companies and speculators would rather not drill but gain more real estate in our preserves and continue to charge you almost $5 a gallon…

Furthermore, why would you think the companies who drill here would sell the gas for low prices to Americans? They would make so much more money selling to the rest of the world…
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McSame/Stalin ‘84