another ANWR attempt, this time it might work

[Simon W. Moon]

Riders have been around since there have been parlimentary type organizations passing laws.

 

[Carl]

Riders have been around since there have been parlimentary type organizations passing laws.

Yep, this one was particularly silly though. I sure wish I could recall it, I'll try to fumble around for it though it's not really that important. Basically the ANWR rider is a response to it, from what I recall.

 

[jfuh]

You are a completely off the scale nutcase! :2razz: ANWR probably has 9 billion barrels of recoverable oil - just with today's technology, and the U.S. consumes about 7 billion barrels a year. Obviously, you don't have a clue.

As I've asked, where's your source? Even in the case that Anwr has 9billion barrles of recoverable oil as you state. in just a little over a year then, Anwr will be drained dry. So, speaking of nutcase.

 

[jfuh]

ANWR will not affect gas prices.
It will take around a decade for the oil to start flowing once the project gets a green light. Then it will supply about 4% of what the US uses each day.

It really only benefits folks who will make money off the drilling.
Ordinary Americans will get no benefit from it.

Finally some sense and reason.
Exactly,the entire support for drilling for oil in ANWR is only for energy companies, in particular Exxon/Mobil, BP, and so on. They are the ones screaming for drilling to begin in Anwr. When congressional leaders landed last year to observe the site they were greeted by demonstrations. Local native alaskans protesting for the stop of any drilling up and held behind picket lines. While big oil executives went right through the protest line and warmly greeted thier purchased congressman.
ANWR is nothing but what big oils want. The rest of the country will not see a single shift in oil prices.

 

[jfuh]

Are the CEOs going to build the oil rigs and pump the oil themselves? I doubt it.

No, but neither will Alaskans.

 

[Navy Pride]

Bottom line there is a lot of oil that we can drill dor in this country..........We should take advantage of every possible source and get off our dependency on Arab Oil and $3.00 a gallon gas cost..........

Why can't you tree huggers see that?

 

[Simon W. Moon]

Bottom line there is a lot of oil that we can drill dor in this country..........We should take advantage of every possible source and get off our dependency on Arab Oil and $3.00 a gallon gas cost..........

Bottom line is that drilling for oil in ANWR will not help us "get off our dependency on Arab Oil" nor will it effect the "$3.00 a gallon gas cost."

 

[Navy Pride]

Bottom line is that drilling for oil in ANWR will not help us "get off our dependency on Arab Oil" nor will it effect the "$3.00 a gallon gas cost."

You don't know that for sure............If we drill in all the areas where oil might be like the Gulf of Mexico it will.............

 

[Captain America]

Bottom line is that drilling for oil in ANWR will not help us "get off our dependency on Arab Oil" nor will it effect the "$3.00 a gallon gas cost."

After watching Cspan and the hearings with the oil barons a couple of days ago, it was made clear by them, to all, that regardless of how much of our own oil we produce, it will have no effect whatsoever on the gasoline prices. If I might quote them to the best of my memory, "Oil, regardless where we get it, goes into a global pool of sorts and therefore gasoline prices will be mandated in regard to the supply and demand of the world and not what we are able to produce on our own."

The question was asked, "When the price of raw materials rise in any other industry, the profit margin decreases. Why is this not the case in the oil industry? As the price of raw materials increase, so does your profit margin. Can you explain that?"

The answer was that all increases are passed on to the consumer. Why? Because they can. So what keeps the industry from raising the cost of a barrel of oil even higher if the end result means they make even more profit? Where is the incentive to keep the prices of crude oil down?

 

[jfuh]

Bottom line there is a lot of oil that we can drill dor in this country..........We should take advantage of every possible source and get off our dependency on Arab Oil and $3.00 a gallon gas cost..........

Why can't you tree huggers see that?

The US has a much more abundant source of coal than it does of oil. Perhaps we should burn all the coal first instead of relying on oil. There's your quick fix solution to energy dependancy on the middle east.

 

[jfuh]

After watching Cspan and the hearings with the oil barons a couple of days ago, it was made clear by them, to all, that regardless of how much of our own oil we produce, it will have no effect whatsoever on the gasoline prices. If I might quote them to the best of my memory, "Oil, regardless where we get it, goes into a global pool of sorts and therefore gasoline prices will be mandated in regard to the supply and demand of the world and not what we are able to produce on our own."

The question was asked, "When the price of raw materials rise in any other industry, the profit margin decreases. Why is this not the case in the oil industry? As the price of raw materials increase, so does your profit margin. Can you explain that?"

The answer was that all increases are passed on to the consumer. Why? Because they can. So what keeps the industry from raising the cost of a barrel of oil even higher if the end result means they make even more profit? Where is the incentive to keep the prices of crude oil down?

With government bush in the deep pockets of oil tycoons, what regulation.

 

[Captain America]

Bottom line there is a lot of oil that we can drill dor in this country..........We should take advantage of every possible source and get off our dependency on Arab Oil and $3.00 a gallon gas cost..........

Why can't you tree huggers see that?

Did you not watch the hearings this week? It was made clear that regardless of how much or what percentage of oil we provide for ourselves, it will have absolutely no effect of our gasoline prices. It all goes into one big global pool. See above post.

If they can get more for American oil overseas than they can get for it here....that's where it will go. "We have an obligation to our shareholders.:roll: "

Why can't you bomb huggers see that?:rofl

 

[Captain America]

With government bush in the deep pockets of oil tycoons, what regulation.

True. If Americans were really concerned about bringing down the cost of gasoline, they would start first by removing the fox from the henhouse. Currently, the oil barons, and their minions are in control of the government.

"Make hay while the sunshines." And as we all can see, the sun is shining brightly on the oil industry thanks partly to their people in high places.

 

[jfuh]

True. If Americans were really concerned about bringing down the cost of gasoline, they would start first by removing the fox from the henhouse. Currently, the oil barons, and their minions are in control of the government.

"Make hay while the sunshines." And as we all can see, the sun is shining brightly on the oil industry thanks partly to their people in high places.

Yep, just look at Exxon/Mobil's record net profits from last year. $36billion in profit alone, this is when they said prior to and during Katrina of how difficult obtaining the black stuff was as well as filing for governmental assistance. Pathetic.

 

[Kandahar]

No, but neither will Alaskans.

Oh? What makes you think that? If I'm going to start drilling for oil in Alaska, it makes a lot more sense (both in terms of economics and public relations) to hire Alaskans to do the drilling, than to bus people thousands of miles from somewhere else to do it.

 

[jfuh]

Oh? What makes you think that? If I'm going to start drilling for oil in Alaska, it makes a lot more sense (both in terms of economics and public relations) to hire Alaskans to do the drilling, than to bus people thousands of miles from somewhere else to do it.

MAkes sense doesn't it? However that's not what happens. Apparently after "industrial sabatoge" events in the past energy companies do not hire local Alaskans. In particular they do not hire indiginous Alaskans.

 

[Kandahar]

MAkes sense doesn't it? However that's not what happens. Apparently after "industrial sabatoge" events in the past energy companies do not hire local Alaskans.

Do you have a source to support that?

In particular they do not hire indiginous Alaskans.

The ethnicity of most of the people they hire has little to do with it, unless they're purposely excluding indigenous people.

Alaskans overwhelmingly support ANWR drilling, so obviously they disagree with your conclusion about who will get the jobs.

 

[Navy Pride]

MAkes sense doesn't it? However that's not what happens. Apparently after "industrial sabatoge" events in the past energy companies do not hire local Alaskans. In particular they do not hire indiginous Alaskans.

What a crock that is............Senator Stevens from Alaska has been trying to get ANWAR open for that very reason........

 

[jfuh]

What a crock that is............Senator Stevens from Alaska has been trying to get ANWAR open for that very reason........

Senator Stevens? Lol The guy that wants to build a $50 million dollar bridge for 25~50 people on a remote island in Alaska?
If you're in alaska, you already not wanting to be disturbed, to be on an island says something further to not wanting to be disturbed. But you support Stevens I see so, I've got nothing else to say.

 

[Navy Pride]

Senator Stevens? Lol The guy that wants to build a $50 million dollar bridge for 25~50 people on a remote island in Alaska?
If you're in alaska, you already not wanting to be disturbed, to be on an island says something further to not wanting to be disturbed. But you support Stevens I see so, I've got nothing else to say.

What the hell does that have to do with drilling for oil in ANWAR....Try and concentrate ok......

 

[alphamale]

As I've asked, where's your source? Even in the case that Anwr has 9billion barrles of recoverable oil as you state. in just a little over a year then, Anwr will be drained dry. So, speaking of nutcase.

Guess you better read all the way to page 15 in your econ 101 book! :mrgreen: In the case of a commodity, price is very sensitive to supply. It's not like they suck all the oil out in one year and then go home, einstein. The oil would probably be extracted over 20 years, depressing the price of oil and it's derivatives the whole time.

 

[jfuh]

Do you have a source to support that?

Nope, no link. Saw it on Fox news while at 24hr fitness.

The ethnicity of most of the people they hire has little to do with it, unless they're purposely excluding indigenous people.

Alaskans overwhelmingly support ANWR drilling, so obviously they disagree with your conclusion about who will get the jobs.

Is that why all those people gathered at the airport in protest when GOP members went to "observe"?

 

[alphamale]

ANWR will not affect gas prices.
It will take around a decade for the oitl to start flowing once the project gets a green light. Then it will supply about 4% of what the US uses each day.

It really only benefits folks who will make money off the drilling.
Ordinary Americans will get no benefit from it.

Your making a blatant extrapolation of what the U.S. would use in the future. This is called (invalid) static analysis. Try again.

 

[alphamale]

Finally some sense and reason.
Exactly,the entire support for drilling for oil in ANWR is only for energy companies, in particular Exxon/Mobil, BP, and so on. They are the ones screaming for drilling to begin in Anwr. When congressional leaders landed last year to observe the site they were greeted by demonstrations. Local native alaskans protesting for the stop of any drilling up and held behind picket lines. While big oil executives went right through the protest line and warmly greeted thier purchased congressman.
ANWR is nothing but what big oils want. The rest of the country will not see a single shift in oil prices.

Pure nutcase knee-jerk anti oil company rote blather. The ANWR oil will tremendously impact america's foreign deficit. Understand that Einstein?? Duhhh???

 

[alphamale]

After watching Cspan and the hearings with the oil barons a couple of days ago, it was made clear by them, to all, that regardless of how much of our own oil we produce, it will have no effect whatsoever on the gasoline prices. If I might quote them to the best of my memory, "Oil, regardless where we get it, goes into a global pool of sorts and therefore gasoline prices will be mandated in regard to the supply and demand of the world and not what we are able to produce on our own."

This is bullshiit. The artifical high price of oil is from the OPEC oil cartel, a collaboration that would send american businessmen to prison for a long time if they did anything like it. I'm normally for free marktes, but the world price of oil has nothing to do with free markets. The U.S. is therefore entitled to require all ANWR oil to be sold in the U.S., thus depressing prices in the smaller U.S. - only market.