Bush is over a barrel...

WhKnuckle wrote: It's pretty pathetic when George W. Bush goes to Saudi Arabia begging them to increase oil supply so his party will have a prayer in November, and they tell him, with all due respect, that oil prices are due to (1) the weak dollar (which is the result of Republican economic policies); (2) oil speculation (which is the result of Republican cowboy, tough-guy foreign policy) and (3) stable demand (which is a repudiation of the Republican worship of the inelastic relationship between supply, demand and price). In other words, the Saudis are implying that they're not about to pull Bush's ass out of the fire after he was stupid enough to sit in the fireplace to start with.
Saudi Oil
By the way, read the section saying the Saudis have an additional 2 million barrels a day of reserve capacity with a grain of salt - lots of experts don't believe it.

WhKnuckle wrote: It's pretty pathetic when George W. Bush goes to Saudi Arabia begging them to increase oil supply so his party will have a prayer in November, and they tell him, with all due respect, that oil prices are due to (1) the weak dollar (which is the result of Republican economic policies); (2) oil speculation (which is the result of Republican cowboy, tough-guy foreign policy) and (3) stable demand (which is a repudiation of the Republican worship of the inelastic relationship between supply, demand and price). In other words, the Saudis are implying that they're not about to pull Bush's ass out of the fire after he was stupid enough to sit in the fireplace to start with.
Saudi Oil
By the way, read the section saying the Saudis have an additional 2 million barrels a day of reserve capacity with a grain of salt - lots of experts don't believe it.

Mr_ Money wrote: No possibility they only raised it 300,000 B a day because thats all they can.

Mr_ Money wrote: No possibility they only raised it 300,000 B a day because thats all they can.

`ol Ger wrote: I see something positive in the Saudi's declination. It may (should) add to our national resolve to become energy independent for a change.
It could sharpen our resolve to break ground on no less than 10 new oil refineries in 2008.
We should likeweise issue permits for 6-new nuclear powerplants across the States. Let the states issue these permits and keep the EPA out of the loop altogether - conforming to extant building codes.
We should move equipment into Anwar and begin drilling no later than March of 09.
We should grant permits to anyone willing to drill offshore of Florida and Texas. The stipulation should be that an average human should not be able to see more than one drilling platform from a line of sight 6' high on land.
This would build maturity into our national spirit and throw back the temporary recession in the economy & stock market almost overnight.
Bush should hire a good speaker (Tony Snow) to address the nation and appeal to the American people in the President's name to support these initiatives and put heavy pressure on the polticians to assist these improvements. That would work. People are fed up with the stupid gridlock in Washington, and would welcome a common sense approach to get us through these tough times.
We should also begin bringing our troops home and begin a 2-year phase out of the Patriot Act.
News at 11,

`ol Ger wrote: I see something positive in the Saudi's declination. It may (should) add to our national resolve to become energy independent for a change.
It could sharpen our resolve to break ground on no less than 10 new oil refineries in 2008.
We should likeweise issue permits for 6-new nuclear powerplants across the States. Let the states issue these permits and keep the EPA out of the loop altogether - conforming to extant building codes.
We should move equipment into Anwar and begin drilling no later than March of 09.
We should grant permits to anyone willing to drill offshore of Florida and Texas. The stipulation should be that an average human should not be able to see more than one drilling platform from a line of sight 6' high on land.
This would build maturity into our national spirit and throw back the temporary recession in the economy & stock market almost overnight.
Bush should hire a good speaker (Tony Snow) to address the nation and appeal to the American people in the President's name to support these initiatives and put heavy pressure on the polticians to assist these improvements. That would work. People are fed up with the stupid gridlock in Washington, and would welcome a common sense approach to get us through these tough times.
We should also begin bringing our troops home and begin a 2-year phase out of the Patriot Act.
News at 11,

WhKnuckle wrote: Ger, I gotta hand it to you, you've got that exactly right. All except Bush going out and speaking - his time is done, and every time he opens his mouth he just reminds Americans how disgusted they are with the state of our government.

The only thing you might want to consider is this: No matter how many refineries we have, no matter where we drill, until we reduce consumption by a significant amount - at least 20% and more likely 25% - we're going to stay right where we are. A 20% reduction would be very, very simple to accomplish in only one or two years at the most. A 20% reduction in American oil consumption along with a reasonable foreign policy that doesn't fuel oil speculation every time Dubya wakes up in a bad mood, would bring oil prices back down to the $75 level quickly (which is about what most economists think current supply/demand factors dictate).

WhKnuckle wrote: Ger, I gotta hand it to you, you've got that exactly right. All except Bush going out and speaking - his time is done, and every time he opens his mouth he just reminds Americans how disgusted they are with the state of our government.

The only thing you might want to consider is this: No matter how many refineries we have, no matter where we drill, until we reduce consumption by a significant amount - at least 20% and more likely 25% - we're going to stay right where we are. A 20% reduction would be very, very simple to accomplish in only one or two years at the most. A 20% reduction in American oil consumption along with a reasonable foreign policy that doesn't fuel oil speculation every time Dubya wakes up in a bad mood, would bring oil prices back down to the $75 level quickly (which is about what most economists think current supply/demand factors dictate).

`ol Ger wrote: I'm in business, and I cannot cut travel by 20% and meet the needs of our customers. I also believe that more population equates to more progress & production. Alternative fuels should be explored as well.

Ps. If you read my preceeding post accurately, you would see that I have Tony Snow (or equal) speaking to the public instead of George.

regards,,

`ol Ger wrote: I'm in business, and I cannot cut travel by 20% and meet the needs of our customers. I also believe that more population equates to more progress & production. Alternative fuels should be explored as well.

Ps. If you read my preceeding post accurately, you would see that I have Tony Snow (or equal) speaking to the public instead of George.

regards,,

fcr wrote: Coastal drilling should not be allowed. It is going to happen though in spite of the consequences. Our southern Ca. coast has been loosing wetlands at such a pace that the coastal ecosystem will never return as it was. Over building and population is the reason. You should see how dead the areas arooound here are vs what they were in the 60's. It's starting to happen in SD north County also. The common Kelp is now dieing off and is not as it once was in terms of size of forrests. With drilling in the areas off Santa Barbara and Ventura counties, coupled with pressure from coastal buiding you are going to see massive changes to the coastal systems north of LA. I forget what the % of the ocean life is but it's some where around 80% is within 35mi or so from the coast. The wetlands are breeding areas for numerous species that are not only bottom of the food chain but some of the top also. The fishing industry which is already showing major signs of overfishing will then be affected from no spawning and breeding going on. This leads to Shit Creek. We used to be able to catch Tuna from our pier in the 50's and early 60's. Now barely anything is caught. Diving out front is nothing but sand. No more Kelp.

fcr wrote: Coastal drilling should not be allowed. It is going to happen though in spite of the consequences. Our southern Ca. coast has been loosing wetlands at such a pace that the coastal ecosystem will never return as it was. Over building and population is the reason. You should see how dead the areas arooound here are vs what they were in the 60's. It's starting to happen in SD north County also. The common Kelp is now dieing off and is not as it once was in terms of size of forrests. With drilling in the areas off Santa Barbara and Ventura counties, coupled with pressure from coastal buiding you are going to see massive changes to the coastal systems north of LA. I forget what the % of the ocean life is but it's some where around 80% is within 35mi or so from the coast. The wetlands are breeding areas for numerous species that are not only bottom of the food chain but some of the top also. The fishing industry which is already showing major signs of overfishing will then be affected from no spawning and breeding going on. This leads to Shit Creek. We used to be able to catch Tuna from our pier in the 50's and early 60's. Now barely anything is caught. Diving out front is nothing but sand. No more Kelp.

`ol Ger wrote: I see something positive in the Saudi's declination. It may (should) add to our national resolve to become energy independent for a change.
It could sharpen our resolve to break ground on no less than 10 new oil refineries in 2008.
We should likeweise issue permits for 6-new nuclear powerplants across the States. Let the states issue these permits and keep the EPA out of the loop altogether - conforming to extant building codes.
We should move equipment into Anwar and begin drilling no later than March of 09.
We should grant permits to anyone willing to drill offshore of Florida and Texas. The stipulation should be that an average human should not be able to see more than one drilling platform from a line of sight 6' high on land.
This would build maturity into our national spirit and throw back the temporary recession in the economy & stock market almost overnight.
Bush should hire a good speaker (Tony Snow) to address the nation and appeal to the American people in the President's name to support these initiatives and put heavy pressure on the polticians to assist these improvements. That would work. People are fed up with the stupid gridlock in Washington, and would welcome a common sense approach to get us through these tough times.
We should also begin bringing our troops home and begin a 2-year phase out of the Patriot Act.
News at 11,

BobbyM wrote: excellent ideas...but not in my backyard please.

BobbyM wrote: excellent ideas...but not in my backyard please.

`ol Ger wrote: I'm in business, and I cannot cut travel by 20% and meet the needs of our customers. I also believe that more population equates to more progress & production. Alternative fuels should be explored as well.

Ps. If you read my preceeding post accurately, you would see that I have Tony Snow (or equal) speaking to the public instead of George.

regards,,

WhKnuckle wrote: We can't do much about travel associated with the actual conduct of business - that's a necessity. But there's no reason for hundreds of millions of Americans to drive 50+ miles every day to go to an office where they sit behind a computer 75% of the time when they can do the same thing at their homes; there's no reason we can't start enforcing speed limits; there's no reason we can't work 4 -10 hour days instead of 5 - 8 hour days (thus reducing commutes by 20%); there's no reason kids can't ride their bicycles to school instead of mommy sitting in an idling Suburban for an hour a day, every day of the week; there's no reason we can't launch a Manhattan Project style effort to build new public transportation systems; there's no reason we can't offer large tax breaks for people buying 40+ mpg vehicles (including street bikes). In short, there's no reason we can't apply American creativity and productivity to this problem just like we applied it to transcontinental railroads, world war 2, the space race, the arms race that bankrupted the Soviet Union, and every other big problem that America has ever faced.

WhKnuckle wrote: We can't do much about travel associated with the actual conduct of business - that's a necessity. But there's no reason for hundreds of millions of Americans to drive 50+ miles every day to go to an office where they sit behind a computer 75% of the time when they can do the same thing at their homes; there's no reason we can't start enforcing speed limits; there's no reason we can't work 4 -10 hour days instead of 5 - 8 hour days (thus reducing commutes by 20%); there's no reason kids can't ride their bicycles to school instead of mommy sitting in an idling Suburban for an hour a day, every day of the week; there's no reason we can't launch a Manhattan Project style effort to build new public transportation systems; there's no reason we can't offer large tax breaks for people buying 40+ mpg vehicles (including street bikes). In short, there's no reason we can't apply American creativity and productivity to this problem just like we applied it to transcontinental railroads, world war 2, the space race, the arms race that bankrupted the Soviet Union, and every other big problem that America has ever faced.

fcr wrote: The technology for efficient cars has been there since the first oil embargo. The prices went up and stayed up and we then got used to it and things stayed the same until the next hike. The push for alternate energy should have started then. Seems to me production always seems to have a problem beginng just before driving seasons, then supplies are down demand up and voila price hike. Plant shut downs, refining problem refinery updates, that have the plant shut down to modernize, all very convenient. The supply is there. Sand oil is now profitable and there is more oil there than Saudi Arabia. Oil should be regulated,it is needed just as much as affordable health care etc. Not gonna happen though.

fcr wrote: The technology for efficient cars has been there since the first oil embargo. The prices went up and stayed up and we then got used to it and things stayed the same until the next hike. The push for alternate energy should have started then. Seems to me production always seems to have a problem beginng just before driving seasons, then supplies are down demand up and voila price hike. Plant shut downs, refining problem refinery updates, that have the plant shut down to modernize, all very convenient. The supply is there. Sand oil is now profitable and there is more oil there than Saudi Arabia. Oil should be regulated,it is needed just as much as affordable health care etc. Not gonna happen though.

`ol Ger wrote: Hi fcr, I must disagree on the basis that Norway's Statoil ownership of oil reserves has led to one of the largest nanny states in europe. Some nice people there, but too much government involvement in their lives.

`ol Ger wrote: Hi fcr, I must disagree on the basis that Norway's Statoil ownership of oil reserves has led to one of the largest nanny states in europe. Some nice people there, but too much government involvement in their lives.

fcr wrote: Cool it's OK to disagree. Splain. What do you mean by nanny states? Govnt is overly involved to the point of turning it into DMVefficiency?

fcr wrote: Cool it's OK to disagree. Splain. What do you mean by nanny states? Govnt is overly involved to the point of turning it into DMVefficiency?