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  Topic Review (Newest First)
07-18-2008 08:57 AM
black01gt
Quote:
Originally Posted by Fox466
I'm confused. I could almost swear that back when this war started the mantra was that "Bush is only doing this for the oil". Now... years later, we still haven't received that oil and your statement would seem to be taking the opposite tact, implying that it is a negative that we still have not received any oil benefits.

Sure wish you guys would make up your mind...


Oh, what do you think of Obamas trip to the east? Is he just campaigning or what?
No the war was of course because of the ole WMDs. There's nothing to decide or mind to make up. Maybe you don't remember but the plan was to take out Hussein and place Chalabi in office. Then produce Iraqi oil to pay for this "slight dustup". "No problem..."
No we haven't seen any Iraqi oil benefits and we never will. All we see is our economy going down the shitter.

Of course Obama is campaigning. That's what they do during a campaign.

"If you're only campaigning and running for office to gain power, then you're not running for the right reasons." Ron Paul
07-18-2008 07:43 AM
01WhiteCobra
Quote:
Originally Posted by Vertnut
Seems awfully coincidental (maybe just good timing?) that after his little "proclamation", oil falls $15 a barrel. Nonetheless, I'm glad I was wrong on the $5-a-gallon-gas-by-Labor-Day prediction.
There is still time.
07-18-2008 06:57 AM
Vertnut
Quote:
Originally Posted by Fox466
I'm confused. I could almost swear that back when this war started the mantra was that "Bush is only doing this for the oil". Now... years later, we still haven't received that oil and your statement would seem to be taking the opposite tact, implying that it is a negative that we still have not received any oil benefits.

Sure wish you guys would make up your mind...


Oh, what do you think of Obamas trip to the east? Is he just campaigning or what?
It's all about which argument is convenient at a certain point in time. Barry will wish he never went to the middle east. It's very obvious he doesn't have a clue about foreign policy, and with the state the world is in right now, that scares me. Of course they say he is quite the "community organizer" around Chicago...
07-18-2008 06:50 AM
Fox466
Quote:
Originally Posted by black01gt
Well said indeed. BTW...wasn't Iraqi oil supposed to pay for this "war" there or was that as truthful as "Osama, Dead or Alive!"?


I'm confused. I could almost swear that back when this war started the mantra was that "Bush is only doing this for the oil". Now... years later, we still haven't received that oil and your statement would seem to be taking the opposite tact, implying that it is a negative that we still have not received any oil benefits.

Sure wish you guys would make up your mind...


Oh, what do you think of Obamas trip to the east? Is he just campaigning or what?
07-18-2008 12:06 AM
Paladin
Quote:
Originally Posted by bigwhip2
Bush(it) is just trying to save a little face here, We allready have over 300million acres off shore open to drilling, and "halaburton" is sitting over in Iraq, sucking up gravy money out of our tax money!! If they wanted to drill, there is plenty of places to drill. This is just something like trying to declair "eminant domain" in Arlington to build a ball park.
The democrats can't do anything, when Bush will Veto anything that doesn't benifit the republican party. (kinda like a guy in Germany tryed to do).
Howdy Olberman!
07-17-2008 11:23 PM
mikeb
Quote:
Originally Posted by Mustangman_2000
A step in the right direction, but the latency of this decision is questionable. This could hurt the Democrats in the voting booths if they continue to impede efforts to reduce energy costs.

It's time to be pragmatic. If gas is $5 or $6 gallon then they will have a real negative impact on tourism.
pelosi is still standing stong with the anti-drilling faction.

With any luck she'll be looking for a job soon, as will the other environmental > people politicians (ie: boxer). Dumbasses don't realize that people that are simply trying to make ends meet don't really give a shit about whether the caribou are happy.
07-17-2008 11:12 PM
black01gt
Quote:
Originally Posted by Grim Reaper
Well, I am not an economist by far, but as a veteran and seeing those pussy ass wimps over there driving Dodge Vipers and Hummers and whatever else gets 8 MPG and paying .62 per gallon and not lifted a rifle while OUR troops get blasted everyday so the Amercian People can feel proud about paying $4.xx a gallon.

I always tell this story....remember when Kuwait begged us to save their stupid asses from Saddam? We did and bailed them out. Our reward? Jack shit. So I ask this, why our they paying much less per gallon than the HEROES who bailed them out. Nice bit of gratitude.

Just my .02, I could be way off in why they pay less.
Well said indeed. BTW...wasn't Iraqi oil supposed to pay for this "war" there or was that as truthful as "Osama, Dead or Alive!"?
07-17-2008 10:19 PM
Grim Reaper Well, I am not an economist by far, but as a veteran and seeing those pussy ass wimps over there driving Dodge Vipers and Hummers and whatever else gets 8 MPG and paying .62 per gallon and not lifted a rifle while OUR troops get blasted everyday so the Amercian People can feel proud about paying $4.xx a gallon.

I always tell this story....remember when Kuwait begged us to save their stupid asses from Saddam? We did and bailed them out. Our reward? Jack shit. So I ask this, why our they paying much less per gallon than the HEROES who bailed them out. Nice bit of gratitude.

Just my .02, I could be way off in why they pay less.
07-17-2008 10:04 PM
Vertnut
Quote:
Originally Posted by 01WhiteCobra
I think it had to do more with weakened demand that traders have forgot for the past month.

But, I'd say the $5/gallon dream before Labor Day has been extinguished.
Seems awfully coincidental (maybe just good timing?) that after his little "proclamation", oil falls $15 a barrel. Nonetheless, I'm glad I was wrong on the $5-a-gallon-gas-by-Labor-Day prediction.
07-17-2008 09:51 PM
black01gt
Quote:
Originally Posted by Fox466
You have good thoughts. Sometimes. Other that that, what did he say?

It's just that when you say "Bush is maximizing this", that you fail to acknowledge the fact that EVERY politician EVER maximizes EVERY opportunity that he can.

Bottom line is that they are all full of shit. But only the conservatives will admit it...
Do I really need to say that EVERY politician EVER.....? Of course they all do but there are different degrees.
Bush is the so called leader of this country. Anyone that wants to continue to suck his ass go ahead. I ain't going for it. I never drank the Cool aid.

All the good men that have fought and died for this country and Bush sold it out like a garage sale. Fuck him. And Fuck you aceman.
07-17-2008 09:43 PM
Fox466
Quote:
Originally Posted by black01gt
How so brainiac?

You have good thoughts. Sometimes. Other that that, what did he say?

It's just that when you say "Bush is maximizing this", that you fail to acknowledge the fact that EVERY politician EVER maximizes EVERY opportunity that he can.

Bottom line is that they are all full of shit. But only the conservatives will admit it...
07-17-2008 09:37 PM
black01gt
Quote:
Originally Posted by aceman85turbo
You are a complete moron.
Every post you make proves that.
How so brainiac?
07-17-2008 09:33 PM
aceman85turbo
Quote:
Originally Posted by black01gt
There are massive current leases that are not being developed because they are already being held by minimal production. Bush is maximizing every "opportunity" he can. You don't have to be a genius at manipulation to herd sheep.

That being said, knock some fucking moose in the head and drill ANWR, offshore, whatever, just bring the cost of go juice down...a bunch. This shit ain't funny.
You are a complete moron.
Every post you make proves that.
07-17-2008 09:30 PM
Mustangman_2000 A step in the right direction, but the latency of this decision is questionable. This could hurt the Democrats in the voting booths if they continue to impede efforts to reduce energy costs.

It's time to be pragmatic. If gas is $5 or $6 gallon then they will have a real negative impact on tourism.
07-17-2008 09:25 PM
Fox466 I haven't seen 'refinery capacity to produce' touched on even once in this thread.


I thought the real problem with oil was the ability to produce what we need? The reserves are full, after all. Or at least I think they are...
07-17-2008 08:49 PM
01WhiteCobra
Quote:
Originally Posted by Vertnut
I happen to think just because he lifted the "ban", oil has dropped $15 a barrel this week. Coincidence? Maybe. Maybe not. OPEC really doesn't want us even looking for oil, and I think it makes them VERY nervous.
I think it had to do more with weakened demand that traders have forgot for the past month.

But, I'd say the $5/gallon dream before Labor Day has been extinguished.
07-17-2008 06:44 PM
Vertnut
Quote:
Originally Posted by black01gt
There are massive current leases that are not being developed because they are already being held by minimal production. Bush is maximizing every "opportunity" he can. You don't have to be a genius at manipulation to herd sheep.

That being said, knock some fucking moose in the head and drill ANWR, offshore, whatever, just bring the cost of go juice down...a bunch. This shit ain't funny.
I happen to think just because he lifted the "ban", oil has dropped $15 a barrel this week. Coincidence? Maybe. Maybe not. OPEC really doesn't want us even looking for oil, and I think it makes them VERY nervous.
07-17-2008 06:12 PM
black01gt
Quote:
Originally Posted by bigwhip2
We allready have over 300million acres off shore open to drilling, and "halaburton" is sitting over in Iraq, sucking up gravy money out of our tax money!! If they wanted to drill, there is plenty of places to drill. This is just something like trying to declair "eminant domain" in Arlington to build a ball park.
There are massive current leases that are not being developed because they are already being held by minimal production. Bush is maximizing every "opportunity" he can. You don't have to be a genius at manipulation to herd sheep.

That being said, knock some fucking moose in the head and drill ANWR, offshore, whatever, just bring the cost of go juice down...a bunch. This shit ain't funny.
07-17-2008 06:02 PM
black01gt
Quote:
Originally Posted by grape
lol i'm not spending any of my money to make my products cheaper to my customers, you guys are dreaming.
"Smart" stance...while it last. Hmmm...who's your competitor? Never mind, we'll find em.
07-17-2008 04:56 PM
Muffrazr
Quote:
Originally Posted by big_tiger
Drill it before it washes away! Fox News talked about it today, but couldn't find anything newer.

http://www.sciencedaily.com/releases...0127082228.htm

Quote:
Scientists Find That Tons Of Oil Seep Into The Gulf Of Mexico Each Year

...But the oil isn't destroying habitats or wiping out ocean life. The ooze is a natural phenomena that's been going on for many thousands of years, according to Roger Mitchell, Vice President of Program Development at the Earth Satellite Corporation (EarthSat) in Rockville Md. "The wildlife have adapted and evolved and have no problem dealing with the oil," he said.

Oil that finds its way to the surface from natural seeps gets broken down by bacteria and ends up as carbon dioxide, a greenhouse gas. So knowing the amount of fossil fuel that turns to carbon dioxide naturally is important for understanding how much humans may be changing the climate by burning oil and gas.


Well hell, if the breaking down of oil causes carbon dioxide, then we should drill more in order to reverse global warming. I would imagine this is happening all over the globe. It could be an earthly timer of sorts, getting ready for the next phase of evolution.

LMAO
07-17-2008 04:46 PM
bigwhip2
Bushwhacked again

Bush(it) is just trying to save a little face here, We allready have over 300million acres off shore open to drilling, and "halaburton" is sitting over in Iraq, sucking up gravy money out of our tax money!! If they wanted to drill, there is plenty of places to drill. This is just something like trying to declair "eminant domain" in Arlington to build a ball park.
The democrats can't do anything, when Bush will Veto anything that doesn't benifit the republican party. (kinda like a guy in Germany tryed to do).
07-17-2008 04:25 PM
Big Pencil What'd some comedian say not too long ago? - "I want to see 'em drill right through a fuckin spotted owl...."

That'll soon be the tune in DC.

I think the pundits say it'll be 10 years before new drilling would help our cause, but I believe that might be a tad pessimistic.
07-17-2008 04:17 PM
01WhiteCobra Decent article on the whole Cuba-China thing.

http://www.sptimes.com/2006/05/08/Wo...l_near_K.shtml
07-17-2008 03:41 PM
grape
Quote:
Originally Posted by SOHC
That's generally how business works: you make a large initial investment for lower costs down the line.

lol i'm not spending any of my money to make my products cheaper to my customers, you guys are dreaming.
07-17-2008 06:13 AM
ceyko Which is better, this or deregulation? I'm not that smart, so I can't really figure out.

No sarcasm. I only understand certain levels of politics and business.
07-16-2008 05:11 PM
Vertnut
Quote:
Originally Posted by big_tiger
http://www.tampabay.com/news/busines...icle646511.ece



So are those companies going to sell the oil they pump out to China?
I would imagine they will sell to anyone willing to pay for it, be it China, Russia, or us.
07-16-2008 05:08 PM
big_tiger
Quote:
Originally Posted by Vertnut
Coop, from what I've gathered, Cuba (which is only 90 miles from Florida), cut a deal with China to drill off of their coast. BIG BUCKS for Fidel Castro, but possibly causing 10x the environmental damage an American company would, because they don't give a shit what or who they destroy.
http://www.tampabay.com/news/busines...icle646511.ece

Quote:
Cuba reportedly plans to start drilling sometime next year. It lacks the money and technology to develop the resources itself so it has sold rights to a number of major oil companies, including Repsol (Spain), Norsk Hydro (Norway) and Petrobras (Brazil).
So are those companies going to sell the oil they pump out to China?
07-16-2008 03:40 PM
bcoop
Quote:
Originally Posted by Vertnut
Coop, from what I've gathered, Cuba (which is only 90 miles from Florida), cut a deal with China to drill off of their coast. BIG BUCKS for Fidel Castro, but possibly causing 10x the environmental damage an American company would, because they don't give a shit what or who they destroy.


Figures.
07-16-2008 03:37 PM
Vertnut
Quote:
Originally Posted by bcoop
I don't see how that is even fucking possible. Ridiculous. The environment is being "ruined", no matter what stance our country takes on it. So either we profit, or someone else is going to. How can we not tell China to get fucked? Isn't that land US Owned?
Coop, from what I've gathered, Cuba (which is only 90 miles from Florida), cut a deal with China to drill off of their coast. BIG BUCKS for Fidel Castro, but possibly causing 10x the environmental damage an American company would, because they don't give a shit what or who they destroy.
07-16-2008 03:35 PM
gip99drop 4 years too late.
07-16-2008 03:32 PM
bcoop
Quote:
Originally Posted by Vertnut
I have heard that Florida is changing it's tune. After all, the Chinese will be drilling within 70 miles of the Florida Keys as it is.


I don't see how that is even fucking possible. Ridiculous. The environment is being "ruined", no matter what stance our country takes on it. So either we profit, or someone else is going to. How can we not tell China to get fucked? Isn't that land US Owned?
07-16-2008 03:28 PM
Vertnut I have heard that Florida is changing it's tune. After all, the Chinese will be drilling within 70 miles of the Florida Keys as it is.
07-16-2008 03:15 PM
MadMax404m
Quote:
Originally Posted by cannonball996
so the only ban they are lifting is on drilling, not production?

so even if they lift the ban and find oil, they still cant pump it
The leases the oil companys have right now are for drilling and not producing, the ban is for everything as far as I know, which means when it is lifted all the leases they have they can also drill on(per states though) the destin dome still probably wont be produced because florida is against it.

I am confused on why the governor of Nevada is against off-shore drilling....Dumb M-F doesnt even have anything to do with it lmao
07-16-2008 02:48 PM
Slowhand
Quote:
Originally Posted by grape
lets spend more money so we can charge less for our products..............LOL
That's generally how business works: you make a large initial investment for lower costs down the line.
07-16-2008 02:44 PM
Vertnut
Quote:
Originally Posted by mikeb
I heard some about this the other day. Apparently there is infrastructure that already exists off the cali coast that could be brought into production within 12 months if the ban were to be lifted. Since bush's announcement oil is down $10/barrel; imagine what would happen if congress were to lift their ban?
I heard the same. In the shallower waters. The deeper you go (farther out), could take up to 6 years.

Anyone else think it's no coincidence that oil has fallen $10 since this move Bush made? I think the market is that sensitive.
07-16-2008 02:36 PM
cannonball996 so the only ban they are lifting is on drilling, not production?

so even if they lift the ban and find oil, they still cant pump it
07-16-2008 11:48 AM
mikeb
Quote:
Originally Posted by MadMax404m
The problem with that statement is sure they are permitted to explore and drill, but MOST of the leases that the oil companys have says they cannot produce. Like Destin Dome in Florida with chevron, they were allowed to explore and drilled for natural gas between 1981-1995 as soon as they figured out how much was under there they went to florida which said sorry you might have the lease but you cannot produce, they went to congress, which said the same thing and it was barred from producing in 2000(or 2002 cant remember which) and given a 115M refund. Everyone that keeps saying to the oil companies "why dont you drill on the leases you already have" is because they are allowed to explore and drill to see how much is there, but they dont want to take the gamble on exploring and drilling and not being able to produce because congress decides not to let them. If congress lifted the ban, your damn right chevron, shell, exxon would be all over it, they just HAVE TO BE ABLE TO PRODUCE.
I heard some about this the other day. Apparently there is infrastructure that already exists off the cali coast that could be brought into production within 12 months if the ban were to be lifted. Since bush's announcement oil is down $10/barrel; imagine what would happen if congress were to lift their ban?
07-15-2008 02:35 PM
grape lets spend more money so we can charge less for our products..............LOL
07-15-2008 09:23 AM
Casper
Quote:
Originally Posted by MadMax404m
The problem with that statement is sure they are permitted to explore and drill, but MOST of the leases that the oil companys have says they cannot produce. Like Destin Dome in Florida with chevron, they were allowed to explore and drilled for natural gas between 1981-1995 as soon as they figured out how much was under there they went to florida which said sorry you might have the lease but you cannot produce, they went to congress, which said the same thing and it was barred from producing in 2000(or 2002 cant remember which) and given a 115M refund. Everyone that keeps saying to the oil companies "why dont you drill on the leases you already have" is because they are allowed to explore and drill to see how much is there, but they dont want to take the gamble on exploring and drilling and not being able to produce because congress decides not to let them. If congress lifted the ban, your damn right chevron, shell, exxon would be all over it, they just HAVE TO BE ABLE TO PRODUCE.
You touched on something else; the myth of the US reaching "Hubbert's Peak" has nothing to do with the percentage original oil in place, it is a production curve that is affected by many factors; regulations, prices abroad, hidden costs defrayed by maintaining the course, etc.
07-15-2008 09:04 AM
MadMax404m Thats what the smart thing would be to do.....then again, look whos in charge of the decision
07-15-2008 09:02 AM
cannonball996 companies can drill and produce off the coast of texas.

if the government lifts the ban on drilling will they also lift the ban on producing?
07-15-2008 08:47 AM
MadMax404m
Quote:
Originally Posted by cannonball996
its not like many people are drilling in coastal watters of the coast of texas where drilling is permitted, and oil has been found.

The problem with that statement is sure they are permitted to explore and drill, but MOST of the leases that the oil companys have says they cannot produce. Like Destin Dome in Florida with chevron, they were allowed to explore and drilled for natural gas between 1981-1995 as soon as they figured out how much was under there they went to florida which said sorry you might have the lease but you cannot produce, they went to congress, which said the same thing and it was barred from producing in 2000(or 2002 cant remember which) and given a 115M refund. Everyone that keeps saying to the oil companies "why dont you drill on the leases you already have" is because they are allowed to explore and drill to see how much is there, but they dont want to take the gamble on exploring and drilling and not being able to produce because congress decides not to let them. If congress lifted the ban, your damn right chevron, shell, exxon would be all over it, they just HAVE TO BE ABLE TO PRODUCE.
07-15-2008 08:37 AM
cannonball996 my question is who is going to be doing the drilling?
just cause its now permitted does not mean someone is going to take a multi billion dollar gamble to explore for oil. its not like many people are drilling in coastal watters of the coast of texas where drilling is permitted, and oil has been found.

as someone in the oil business I have been asking this question for weeks, what companys are planning on drilling in these restricted watters. so far, what I have been told, its just one British company that wants to drill off the coast of Floridia.
07-15-2008 08:31 AM
MadMax404m
Quote:
Originally Posted by J&T's 82
A vote on lifting the ban on drilling needs to be brought to the House and Senate floor immediately! We need to know where Reps. & Senators stand before the November elections
And that is exactly why they are going to try and keep this from their hands as long as possible. This election year is going to be huge, congress has not listend to the american people for 10yrs, the last election proved the american people were tired of that and shoved the dems in there thinking they would listen, got worse, I believe if the people vote the reps and senators out this time the next group will realize you better do your job, or your stay is 2yrs. At least, thats what I hope.
07-15-2008 08:10 AM
J&T's 82 A vote on lifting the ban on drilling needs to be brought to the House and Senate floor immediately! We need to know where Reps. & Senators stand before the November elections
07-14-2008 05:24 PM
big_tiger Drill it before it washes away! Fox News talked about it today, but couldn't find anything newer.

http://www.sciencedaily.com/releases...0127082228.htm
Quote:
Scientists Find That Tons Of Oil Seep Into The Gulf Of Mexico Each Year

...But the oil isn't destroying habitats or wiping out ocean life. The ooze is a natural phenomena that's been going on for many thousands of years, according to Roger Mitchell, Vice President of Program Development at the Earth Satellite Corporation (EarthSat) in Rockville Md. "The wildlife have adapted and evolved and have no problem dealing with the oil," he said.

Oil that finds its way to the surface from natural seeps gets broken down by bacteria and ends up as carbon dioxide, a greenhouse gas. So knowing the amount of fossil fuel that turns to carbon dioxide naturally is important for understanding how much humans may be changing the climate by burning oil and gas.
07-14-2008 04:37 PM
Paladin
Quote:
Originally Posted by White trash wagon
I support any drilling on ANWR, the gulf, and all that shale oil too.

But remember, the Executive Order Bush Lifted was signed by his daddy.

Scott
Well that kind of takes the wind out of the liberals screaming about the Bush's being big oil puppets, doesn't it? At least daddy Bush anyway.
07-14-2008 04:37 PM
Vertnut
Quote:
Originally Posted by White trash wagon
I support any drilling on ANWR, the gulf, and all that shale oil too.

But remember, the Executive Order Bush Lifted was signed by his daddy.

Scott
There was a "congressional moritorium" on off-shore drilling since '81. Daddy Bush signed it under a teeny bit of pressure. He did sign it, nonetheless...
07-14-2008 04:29 PM
White trash wagon I support any drilling on ANWR, the gulf, and all that shale oil too.

But remember, the Executive Order Bush Lifted was signed by his daddy.

Scott
07-14-2008 02:31 PM
Vertnut
Quote:
Originally Posted by bcoop
Yeah. This is great and all, but it would be what, 3-5 years before we see any actual relief at the pump based on this alone?


Lift the no drill policy in ANWR, for fuck's sake. Make the polar bears and penguins run the fucking rigs. That's compromise.
Coop,
I think just the fact that the rest of the world knew we're even starting to drill, would have a big effect on oil prices. At that point, the goal of other oil-producing countries, would be to make oil cheap enough for us to not pursue it. Now, I didn't say "cheap", but "cheap enough". I believe we have enough oil around and under this country, to pretty much ruin the middle east. If our government would make oil exploration and production a priority like OPEC does, we could flat-ass run them out of business. We could tell Iran to kiss our ass. The oil is there, now will Congress let us get it out of the ground?
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