Author Topic: If more drilling/production won't lower the price of gas
Bjorvald 
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Subject: If more drilling/production won't lower the price of gas
Why do we ask the Saudis to pump more when prices are too high?

confused

 

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Scarne 
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Subject: If more drilling/production won't lower the price of gas
Bjorvald posted:
Why do we ask the Saudis to pump more when prices are too high?

confused

It is just drilling/production in the US that doesn't have an effect. The US doesn't have enough untapped sources of cheap oil to be able to change the price; the Saudis do. grin

 

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Yukishiro1 
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Subject: If more drilling/production won't lower the price of gas
The saudis are the only people in the world with significant slack.

Drilling in the U.S. would have limited effect on the price of gas because there just isn't much slack that is profitable to drill at lower prices for.

 

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ZigmundZag 
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Subject: If more drilling/production won't lower the price of gas
You really don't understand why adding new drills in an oil-sparse region of the world can't compete with increasing production in an oil-rich region?

 

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Yukishiro1 
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Subject: If more drilling/production won't lower the price of gas
We actually have lots of oil here in the U.S.. But almost all of the cheaply available oil is already being extracted as quickly as we can. We are actually extracgin a lot more oil than we were just a few years ago. There is not really any cheap oil left that isn't already being extracted. If there was we'd be extracting it too.





 

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ZigmundZag 
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Subject: If more drilling/production won't lower the price of gas
Yukishiro1 posted:
We actually have lots of oil here in the U.S.. But almost all of the cheaply available oil is already being extracted as quickly as we can. We are actually extracgin a lot more oil than we were just a few years ago. There is not really any cheap oil left that isn't already being extracted. If there was we'd be extracting it too.






I'd go back and edit my post to say "cheaply available" in there somewhere, but I really don't care that much.

 

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Blue_arrow 
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Subject: If more drilling/production won't lower the price of gas
http://jakerinard.com/wp-content/uploads/2010/03/federal-lands.jpg


The government owns 98% of the land in Alaska and about 86% of Nevada land. Overall, the feds own 65 percent of all the land west of the 100th meridian. Yet must less in the East

http://jakerinard.com/federal-land-grab/federal-lands



when you lock up all the oil then LIE !!!!! you only have only 2% of the would oil just so you and build wind frams that kill half a million birds a year to lower the nation’s carbon footprint

 

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Fist_de_Yuma 
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Subject: If more drilling/production won't lower the price of gas
Twenty years ago they excuse was it would take 5 years before we see results. 15 years ago they used the excuse that it would take 5 years to see results. 10 years ago they used the excuse that we would not see results for 5 years. 5 years ago they use the excuse that it would take 5 years to see results.

Today we are pumping more than ever because of actions that Bush did. Guess what Obama is taking credit for? In two years we will see the results of his actions. When the price goes up I'm sure the liberals will scream, "It is useless to drill because we will not see results for 5 years."

They totally forget that the price of oil today is based on what people think the supply and demand will be in the future.

We have estimated oil in the trillions but only a fraction of that is proven. Just what Obama is using as an excuse for the high price of gas? The guy has no shame. Lies flow off his lips like hot honey.

 

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Ashmaele 
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Subject: If more drilling/production won't lower the price of gas
Fist_de_Yuma posted:
Today we are pumping more than ever because of actions that Bush did.



If this is true (it isn't) then WHY THE FOCK ARE PRICES SO HIGH?

 

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Lyken-P 
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Subject: If more drilling/production won't lower the price of gas
Ashmaele posted:
Fist_de_Yuma posted:
Today we are pumping more than ever because of actions that Bush did.
If this is true (it isn't) then WHY THE FOCK ARE PRICES SO HIGH?
With out Bush, the price would be $8 a gallon like the Obama Admin wants. talk_hand

 

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reesescups 
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Subject: If more drilling/production won't lower the price of gas
Lyken-P posted:
Ashmaele posted:
Fist_de_Yuma posted:
Today we are pumping more than ever because of actions that Bush did.
If this is true (it isn't) then WHY THE FOCK ARE PRICES SO HIGH?
With out Bush, the price would be $8 a gallon like the Obama Admin wants. talk_hand
Ash got sandwiched between two slices of stupid...

 

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Lyken-P 
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Subject: If more drilling/production won't lower the price of gas
reesescups posted:
Lyken-P posted:
Ashmaele posted:
[quote=Fist_de_Yuma]Today we are pumping more than ever because of actions that Bush did.
If this is true (it isn't) then WHY THE FOCK ARE PRICES SO HIGH?
With out Bush, the price would be $8 a gallon like the Obama Admin wants. talk_hand
Ash got sandwiched between two slices of stupid...[/quote] As usual... how do like being on the bottom?

 

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Fist_de_Yuma 
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Subject: If more drilling/production won't lower the price of gas
If the facts don't support them they resort to insults. It is why most liberal posts are insults.

 

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reesescups 
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Subject: If more drilling/production won't lower the price of gas
Fist_de_Yuma posted:
If the facts don't support them they resort to insults. It is why most liberal posts are insults.
silly

 

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Friarspam 
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Subject: If more drilling/production won't lower the price of gas
Big Oil has a formula:

collusion with each other + collusion with major political figures = happy price fixing.

i cannot understand how so many people fail to see this.

 

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Blue_arrow 
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Subject: If more drilling/production won't lower the price of gas
OP liberals posted:
United States government and Big Oil were involved in Stanley Meyer death to cover up free fuel for eveyone "water fuel cell".




 

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Brother_Tempus 
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Subject: If more drilling/production won't lower the price of gas
Bjorvald posted:
Why do we ask the Saudis to pump more when prices are too high?

confused


Gas is cheap, its the devalued US dollar that is problem

 

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Fist_de_Yuma 
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Subject: If more drilling/production won't lower the price of gas
Friarspam posted:
Big Oil has a formula:

collusion with each other + collusion with major political figures = happy price fixing.

i cannot understand how so many people fail to see this.


You have any proof that this is true? There is a lot more evidence that Obama is faking a lot of his records than there is about collusion. Somehow those who think Obama is faking his records are a nuts but completely pulling something out of your $ss means you are brilliant. You are the perfect Obama voter. When he says nothing is his fault you eat it up. It is all those other people keeping him from doing his job. Wha, wha wha.

 

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sweeny_comodore 
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Subject: If more drilling/production won't lower the price of gas
low supply doesnt mean we need to tap another.

it means the importers need to loosen up and stop raping us

they buy all they want at 20 cents a gallon then hold on to it till the demand goes up and they can sell it for 80 cents a gallon.
the saudis have no control over what the importers do with it. producing more wont stop them from shorting us to increase their profits.

gotta love a free market

 

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OneLith 
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Subject: If more drilling/production won't lower the price of gas


Some choice quotes from the AP article

"Sometimes prices increase as American drilling ramps up. That's what has happened in the past three years. Since February 2009, U.S. oil production has increased 15 percent when seasonally adjusted. Prices in those three years went from $2.07 per gallon to $3.58. It was a case of drilling more and paying much more."

"U.S. oil production is back to the same level it was in March 2003, when gas cost $2.10 per gallon when adjusted for inflation. But that's not what prices are now.

That's because oil is a global commodity and U.S. production has only a tiny influence on supply. Factors far beyond the control of a nation or a president dictate the price of gasoline."

Long story short: it doesn't matter how much we drill, it won't have a lasting positive impact on gas prices. Not only do we not have enough oil in the US to impact the prices but oil is a global commodity. With gas consumption ramping up in other places around the world and easy oil becoming more scarce, oil prices are very likely not ever going back to the low low rates we had even a few years ago.

Oh yea, here's the article: http://abcnews.go.com/Politics/wireStory/fact-check-us-drilling-drop-gas-price-15967622#.T2u8-9WnnoE

 

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Dcomad 
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Subject: If more drilling/production won't lower the price of gas
I say we drill for coal!

We have like a gobbazillion of it here in the US.

 

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Dcomad 
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Subject: If more drilling/production won't lower the price of gas
I think we have enough coal that equates to, something like, 980 billion barrels of oil.



idea

 

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Friarspam 
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Subject: If more drilling/production won't lower the price of gas
Fist_de_Yuma posted:
Friarspam posted:
Big Oil has a formula:

collusion with each other + collusion with major political figures = happy price fixing.

i cannot understand how so many people fail to see this.


You have any proof that this is true? There is a lot more evidence that Obama is faking a lot of his records than there is about collusion. Somehow those who think Obama is faking his records are a nuts but completely pulling something out of your $ss means you are brilliant. You are the perfect Obama voter. When he says nothing is his fault you eat it up. It is all those other people keeping him from doing his job. Wha, wha wha.


I didn't vote for Obama, son. Also, when full tankers sit in port until prices rise I'd say that looks funny. When the US sells refined fuel to other nations far under what it goes for here and then claims "it's not the amount of oil, itLs the lack of domestic refining ability" I tend to toss the old BS flag.

i'll bet if we gave illegals a path to citizenship for building refinaries this would suddenly become some new "reason" for high gas.

obama voter he says, lol.

/take some asprin for that fever, son.

 

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Yukishiro1 
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Subject: If more drilling/production won't lower the price of gas
Dcomad posted:
I think we have enough coal that equates to, something like, 980 billion barrels of oil.



idea


Are you volunterring to put the plant next to your house?

Coal pollution kills. Lots and lots of people.

 

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sweeny_comodore 
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Subject: If more drilling/production won't lower the price of gas
Friarspam posted:
Fist_de_Yuma posted:
Friarspam posted:
Big Oil has a formula:

collusion with each other + collusion with major political figures = happy price fixing.

i cannot understand how so many people fail to see this.


You have any proof that this is true? There is a lot more evidence that Obama is faking a lot of his records than there is about collusion. Somehow those who think Obama is faking his records are a nuts but completely pulling something out of your $ss means you are brilliant. You are the perfect Obama voter. When he says nothing is his fault you eat it up. It is all those other people keeping him from doing his job. Wha, wha wha.


I didn't vote for Obama, son. Also, when full tankers sit in port until prices rise I'd say that looks funny. When the US sells refined fuel to other nations far under what it goes for here and then claims "it's not the amount of oil, itLs the lack of domestic refining ability" I tend to toss the old BS flag.

i'll bet if we gave illegals a path to citizenship for building refinaries this would suddenly become some new "reason" for high gas.

obama voter he says, lol.

/take some asprin for that fever, son.






agree
we are being raped by free market profiteers

 

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Cawlin 
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Subject: If more drilling/production won't lower the price of gas
Friarspam posted:
Big Oil has a formula:

collusion with each other + collusion with major political figures = happy price fixing.

i cannot understand how so many people fail to see this.



A thousand times this.

 

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Rhint 
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Subject: If more drilling/production won't lower the price of gas
Cawlin posted:
Friarspam posted:
Big Oil has a formula:

collusion with each other + collusion with major political figures = happy price fixing.

i cannot understand how so many people fail to see this.



A thousand times this.



Yup

 

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Kjarhall 
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Subject: If more drilling/production won't lower the price of gas
Fist_de_Yuma posted:
If the facts don't support them they resort to insults. It is why most liberal posts are insults.


Just because you say they're facts doesn't make them so. But every time you're asked to prove it you run away. You know what that says?

The funny part is that when someone wrote something you didn't believe, you asked them to prove it, yet you never prove your own.

Haha, didn't even notice that then you went for the trifecta and pulled the "anyone that i disagree with is an Obama loving liberal" on Friar.

Geez, you are the gift that keeps on giving. applause

 

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SoBaKi 
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Subject: If more drilling/production won't lower the price of gas
Fists_himself posted:
If the facts don't support them they resort to insults. It is why most liberal posts are insults.



Between you, licking_peen and blew_everyone, there isn't a single working brain cell.

 

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Brother_Tempus 
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Subject: If more drilling/production won't lower the price of gas
Rhint posted:
Cawlin posted:
Friarspam posted:
Big Oil has a formula:

collusion with each other + collusion with major political figures = happy price fixing.

i cannot understand how so many people fail to see this.



A thousand times this.



Yup



ooooh conspiracy


rolling_eyes

 

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Kjarhall 
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Subject: If more drilling/production won't lower the price of gas
Brother_Tempus posted:
Rhint posted:
Cawlin posted:
[quote=Friarspam]Big Oil has a formula:

collusion with each other + collusion with major political figures = happy price fixing.

i cannot understand how so many people fail to see this.



A thousand times this.



Yup



ooooh conspiracy


rolling_eyes [/quote]


Yeah, like your nutty theories are better. laugh

 

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