Monday, August 23, 2010

If Democrats oppose drilling today because it will take 10 years for our new oil to hit the market?

Doesn't that mean their opposition to drilling 10 years ago was a mistake?If Democrats oppose drilling today because it will take 10 years for our new oil to hit the market?
How about pelosick's promise to lower gas prices. Instead they have went up over 70%. Yet another broken promise already. This was the platform they ran on, and they all jumped. Not one piece of legislation that I know of has done us any good. She promised, she failed. Again. We were promised better, shame on us for voting in the most ethical congress ever.


Another day, and another lie.


Oh and to the people who say-drill where the leases are-there aren't guarantees oil is there. UNLIKE off shore, UNLIKE ANWR, and so on.Dems are spinning wheels, and not doing jack to help.If Democrats oppose drilling today because it will take 10 years for our new oil to hit the market?
No, because 10 -20 years ago, both parties were opposed to off shore drilling on environmental reasons. George HW Bush signed the offshore drilling ban in 1990. Jeb Bush signed a ban in Florida. The federal ban has been renewed every year since it was passed including 6 years when Bush was president and both houses of congress were in Republican hands.
I think it means that they recognize now what they recognized then…that we can't drill our way out of this mess.





Do you realize that the 574 million acres of federal costal water that are off-limits are believed to hold almost 18 billion barrels of oil and 77 trillion cubic feet of natural gas, according to the Interior Department..





Sounds like a lot.





But consider that the US currently uses 7.6 billion barrels of oil a year, and 21 trillion cubic feet of natural gas.





So for all the expense of exploring to identify exactly where the oil and gas are, then the expense of setting up the extraction facilities and pipelines, in 10 years, we'll get 2.5 years worth of oil, and 3.5 years of gas. And that's if we use it all and don't export any (which we currently do…you know that crude from Alaska is currently being shipped to China, right?).





Then it's dry, and gone forever. And we have hulking, rotting, derelict oil rigs spoiling the pristine and complex ecosystems beneath them.





Drilling is not the answer.
1. Opposing drilling has been bi-partisan stance the last 10 years up untill recently- the democrats cant be held accountable for that unless you hold accountable all republicans against it such as George HW Bush, Bush Jr., and McCain. Repubs have controlled congress for like the past couple decades and the white white house for all but 8- you can't pin it on the democrats when the repubs have been in control.





2. It's an election year tactic. Why wasn't George Bush calling for lifting the ban the every other year he's been in office? It's a simple way to make the average American think that the McCain and Bush can save you a buck,





3. Its not a miracle cure, the Oil will go to a world market, with ever increasing demand, the Oil will belong to the private sector and be sold to the highest bidder. We are not talking a US market here, it will sell globally, for the global price, which will be unlikely to decrease because the oil drilled will take a long time and be a relatively tiny amount compared to the worlds oil supply.





4. It's not the answer. Drilling for oil may only have a small possibility of forestalling a rise in price. But the price will continue to rise as the resource is finite…that is why we must stop trying to dig our way out and instead innovate!





I'm really not against drilling so much, except for it wont have a big an effect as people think it will, and it takes away focus on what our ultimate goal should be.
Where's your common sense, man? It's not DEMOCRATS whom are opposed to oil drilling. It's coastal states whom are opposed to it, environmentalists, and some Republicans that do as well.





Didn't you also know? Oil companies are sitting on 68 MILLION acres of leased land and they are doing *nothing* to bring down the price of gas.





Not to mention all the HANDOUTS they are expecting from the US government for not drilling all this time.





Of course, you knew this…right?
Democrats want to invest in alternate resources.. Japan is kicking our azz in reguards to that.. Maybe if we funded that 10 years ago, we'd be reaping the benefits now and selling our product to every other country.. Instead of buying from Japan.. Which seems better to you??
I heard that argument from some prominent Democrats the other day, and I was astounded. That's kind of like saying why should I go to college and get a degree when I could be spending those four years making money now. Do I still need a passport to go to Canada, or can I just walk in?
Correct. We should have been drilling all along.
How come they are not drilling on the 1,000,000 acres they already control?





This is not ';Liberals'; fault, this is their conscious decision NOT TO PRODUCE, like they are trying to hold supply down or something…..
Bush Wants to lift the ban but the Democrats messiah doesn’t want to do anything and not John McCain either.
If they had allowed drilling 30 years ago, we wouldn't be dependent on foreign oil. And yes, it was a mistake.
Again, Your boy Bush's dad signed into law the ban. Why won't Repukes get this?
'10 years' is more liberal BS; We put a man on the moon in 7 years.
yes it was

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