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I'd prefer to have this discussion on the technical merits of her statement rather than Republican vs Democrat rant please?
I watched Nancy Pelosi on Meet the Press (with Tim Russert gone) and she said that she would "allow" a vote on a comprehensive energy plan that included drilling off the coast for more oil. She went on to say she would allow this because the other things in a comprehensive plan are so important. so far so good, a bit arrogant but hey we'll take any effort at this point!
Now here is where I don't agree. She goes on to continue what I'd call a lie, with if we start drilling today it will take 10 years to get one drop of oil and the effect by her experts will be ONLY 2 cents per barrel.
I've invested quite a bit in alternative energy AND drilling and my experts don't agree with her statement. They claim there are several places where off shore drilling has/had already began in Florida and that oil will flow in less than 3 years. They also claim that once we start frilling and have an energy plan oil will drop well below $100 BEFORE oil even starts flowing.
What gets my goat is she says this bad science and flawed economics and Tom Brokaw the new host of Meet The press sits there and nods to her not questioning this nonsense. It's like if they say 10 years and 2 cents enough it will really be so.
She went on to say that the gore plan getting the ENTIRE country off oil and on alternative energy in 20 years was possible. ambitious but possible EVEN with NO NUCLEAR? Note to MS Pelosi, solar cells don't run for about 16 hours a day and the wind doesn't always blow!
I don't believe 10 years or 2 cents. What do you all think.....leaving out any nasty anti Democrat rhetoric please for the sake of the thread.
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Too much junk/toys to mention, ever changing due to too getting bored too quickly. I need a 10 step program!
Want to call? I'm in the book. Want to argue....First explain the square root of negative one....lol
Are ya ready? This may come as a surprise considering MS Pelosi constantly says we have only 3% of the worlds oil.
Million barrels per day!
Saudi 10.72
Russia 9.67
United States 8.37!!!!!!!!! (now how about that and you don't hear it in the news!)
Iran 4.12 Not what you thought I bet.
Mexico 3.71
China 3.84
Canada 3.23
UAE 2.94
Venezuela 2.81 (Hugo isn't as big as he thinks)
Norway 2.79
Kuwait 2.67
Brazil 2.16
Iraq 2.01 (not worth fighting for?)
Point being if we only could increase OUR production say one million barrels a day by increased drilling off shore that would be 12%!!!!! now tell me reducing our imports by 12% would not have an effect.
Here is a thought. If every car and small truck were changed from gassers to diesels typically that would be a 25% reduction in fuel usage. The USA imports about 10 million barrels a day.
Start making just one million more a day and switch to small diesels in cars and small trucks (F-150's included) and we could easily see possibly a reduction in another 2 million barrels a day adding up to 3 million barrels a day. 10 million a day down to 7 million a day is 30% reduction and that's a lot.
Converting the millions of homes that heat with oil about 10 million to GAS and/or heat pumps would also take a major load off imported oil. Using oil to heat is retarded!
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Too much junk/toys to mention, ever changing due to too getting bored too quickly. I need a 10 step program!
Want to call? I'm in the book. Want to argue....First explain the square root of negative one....lol
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Too much junk/toys to mention, ever changing due to too getting bored too quickly. I need a 10 step program!
Want to call? I'm in the book. Want to argue....First explain the square root of negative one....lol
Oil in florida reserves (I live here and we will share)
Estimates on the low end 4.6 billion!!
Estimates on the high end 9.3 billion
Estimates in alaska
Low 4 billion
High 10 billion.
Factor that into our 10 million daily imports.
Think MS Pelosi has read her own DOE government estimates?
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Too much junk/toys to mention, ever changing due to too getting bored too quickly. I need a 10 step program!
Want to call? I'm in the book. Want to argue....First explain the square root of negative one....lol
leaving out any nasty anti Democrat rhetoric please for the sake of the thread.
Then I guess I better not say anything at all then.... Well okay,I will put my .02 in and Not mention N Pelosi. The only way it would take 10 Years from Government approval to getting that oil to the pump,would be the Government Red Tape and Roadblocks that would be put in the way of said drilling.If we gave the Green light to our Oil Companies to start drilling today,I would be Shocked if that oil was not at the Pumps in less than 4 Years,as far as the price falling,shortly after GWB lifted the Presidential Ban on Drilling (Even though it was mostly Symbolic) the price of oil started on a steady Decline,coincidence? I think Not.
__________________ 2005 F250 XLT wedgewood blue 4x4 C/C SWB,6.0L PSD, Auto.(Member of 05 STC Failure Club ) 2006 Expedition Eddie Bauer,5.4L (Wife's) NRA Life Member. TSRA Life member.
I can't see how increasing our production will have that much effect on the price. Are we thinking that if/when more is found/pumped from here that it would be sold for less? Like Exxon might say, "Well since this is local oil we'll sell it for less"? I just don't get it. It's not like there is a supply problem. The people we are buying oil from now has more, and are willing to sell us more, so how is that a shortage that putting more(at the same price) into the mix would help?
I don't the price falling was a coincidence. I think it was totally unrelated. The price fell because consumers are/were buying less which drove down the price. It's called competition for the almighty buck.
2006 F350 CC LWB Dually XLT Oxford white manual 4x4 6.0 PSD 6 speed. 4.10 LS front and rear, Built May05. 4" turbo back, 100gal aux fuel tank. A real pig from a stop, but give me 10' and she'll lite'em up.
Do you have a link for these stat's? I think your US production is off as it is closer to 5%.
As I understand it, we have 3% of the world's known reserves and use 25% of the world's production.
Saved the site on the office computer but it was from a DOE site. The 3% is not including Florida California, AK, Colorado, but if they say it 3% often enough if may be true.
I'll post the link tomorrow.
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Too much junk/toys to mention, ever changing due to too getting bored too quickly. I need a 10 step program!
Want to call? I'm in the book. Want to argue....First explain the square root of negative one....lol
this 10 year thing makes me wonder....
I've worked in the oil patch, offshore on boats not rigs.
We've got the pipe, boats, rigs, pipelaying boats etc etc all sitting around.
Without having alot of knowledge on the subject I'd think these guys could get to work pretty fast.
Drew
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'89 F250 7.3 IDI, c6, 3.55rear, 2wd, 152k miles
I can't see how increasing our production will have that much effect on the price. Are we thinking that if/when more is found/pumped from here that it would be sold for less? Like Exxon might say, "Well since this is local oil we'll sell it for less"? I just don't get it. It's not like there is a supply problem. The people we are buying oil from now has more, and are willing to sell us more, so how is that a shortage that putting more(at the same price) into the mix would help?
I don't the price falling was a coincidence. I think it was totally unrelated. The price fell because consumers are/were buying less which drove down the price. It's called competition for the almighty buck.
Nah, it's called having regulatory control over the commodities markets again.
Democrats and Republicans alike are beholden to the middle-men (which are generally not American) that are the go between the United States and Oil-Producing countries.
They are the ones $influencing$ the democrats and environmental movement and on the Republican side they keep themselves deregulated through the claptrap "free-market" mantra.
The 10 year gibberish is to make you as a U.S. citizen give up all hope and just live with 4, 5 or 6 buck a gallon gas.
FYI, even if we get off of "Foreign Oil" the Foreign Investment Banks still have a back-up plan to make money by dealing in "Carbon Credits".
I'm mentioning production NOW in million barrels per day and you are talking about reserves! Apples to oranges. Not that reserves are not important or a factor but I'm mentioning right now and when have you ever seen that we are the #3 producer by a long amount?
Now back to your reserve link. Do you think wikipedia is accurate? do you think they have included Florida, California, AK, and the shale oil reserves?
Estimates not in wikipedia figures.
AK. low 6 billion high 16 billion.
Florida low 4.6 billion high 9.3 billion
California 11 billion and 19 Trillion in GAS!!
Shale oil from Colorado and Wyoming DOE about 2 trillion!!!!!
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Too much junk/toys to mention, ever changing due to too getting bored too quickly. I need a 10 step program!
Want to call? I'm in the book. Want to argue....First explain the square root of negative one....lol
US could supply the entire world with coal for 51 years.
Now that won't be quite necessary because
Russia has 173 billion tons.
China has 126 billion tons
India has 93 billion tons
Australia has 90 billion tons.
Not saying conservation isn't in order and Solar, Wind, Nuclear, bio diesel, and Natural Gas don't come into play. We do need a policy and a plan, short term and long term. I don't see Nancy Pelosi claiming oil will take 10 years to flow and only amount to 2 cents are helpful much less truthful.
BTW: even if it would take 10 years, that's a reason not to start???? Heck by that standard don't go to Medical school it takes 10 years.
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Too much junk/toys to mention, ever changing due to too getting bored too quickly. I need a 10 step program!
Want to call? I'm in the book. Want to argue....First explain the square root of negative one....lol
2005 F250 XLT wedgewood blue 4x4 C/C SWB,6.0L PSD, Auto.(Member of 05 STC Failure Club 
) 2006 Expedition Eddie Bauer,5.4L (Wife's) NRA Life Member. TSRA Life member.
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