Care4all,
We will always need oil, that is a fact.
If not for transportation, then in many of the products we buy.
So why not drill here in America so that we can be self-sufficient?
Drilling is not the long-term solution. However, drilling oil here at home, building new refineries, and loosening regulations on the oil companies will result in a significant drop in oil prices, and consequently, the cost of gasoline.
we are drilling here in america....who's not drilling here thornicus....? there are SOME areas that are off limits to drill, but i would venture to say that 70% of America is readily available for the oil companies to drill on....
We have recently, within the last few years, opened up MILLIONS of acres of Nationally owned land for them to drill on that has good promise with oil, as I mentioned earlier, they just ain't biting! Smaller oil companies have taken on the task though....
Maybe I don't understand the whole "global Oil Market" and global price for oil that all of us pay?
But these are oil corporations, whose stock is sold on the stock market, and can be bought by anyone in the world who wants to buy it... the American owned companies....and I am not certain how you THINK and others THINK that this oil that they recover out of the Gulf is going to be sold to Americans over another country that may be willing to give them more money for it or something like that....?
the corps are out to make a buck, and are not obligated to sell the oil they recover, to us... unless you write in to law somehow that we NO LONGER believe in a FREE MARKET and our government demands that the oil companies sell our oil back to us? or Nationalize our own oil?
And frankly, I can't see this happening...you could convince me I am wrong if you can show how we could make them keep the oil they recover in our own country's hands...
In addition to this, I recently heard the oil companies on C-span in a Congressional hearing on this..... not too excited about getting the chance to drill in the gulf....because they think the oil is 28k feet down, something that is very COSTLY to recover....and in my personal opinion, they HAVE THEIR HANDS FULL with pulling the oil out of the ground in Iraq....alot of it, easily gotten to compared to drilling in the depths of the Gulf.....
I don't have a problem with drilling in America, I don't have a problem with building new refineries....as also mentioned our govt has opened up all usa military bases that they have closed, and made them available for refineries to be built and opened WITHOUT any enviro concerns...
THEY STILL refused to build any....they will not build any because it makes them LESS PROFITABLE to have more refineries....our supply would be toooo easily gotten and prices would fall....THEY do not want this....
one reason to nationalize the oil refineries, not the oil companies, but some refineries should be built by our gvt, because the refinery industry will not build any....and this extends from deregulation and the merging or severl oil refinery companies in to just a handful of them.....less competition....no one to compete with...keeping supply low while demand is high keeps prices high, profits better for them....
I don't have a problem with Nuclear power either....
All with some caveats, but NONE that could not be overcome with a little negotiation!
I thoroughly understand how holding back on areas for them to drill on might contribute to the hysteria I see by some political pros, but ALL OF THOSE IN THE KNOW on this subject and economists specializing in oil, SAY that oil prices WILL NOT GO DOWN because of allowing the oil companies to explore and drill offshore or in ANWR.....at least not a price drop now to in the near future because of it...
And oil refinery corps. will not build alot more refineries either....they don't want to....NOT BECAUSE OF all of these environmental laws as they have convinced you and others of, so they can MASK their true intentions, WHICH is NOT to build more refineries so they can get more money and become more profitable....
The refinery corporations do not want to build more refineries and the oil companies do not want to drill for more oil here in the usa BUT they have fabricated this RIFT between the environmentalists and oil hungry drillers, so that NO ONE IS PAYING ATTENTION TO THEM...they don't WANT more refineries and they don't want to drill in the Gulf is what I see....
I realize many products are oil byproducts, but this is not where our major consumption lies...we pull up more than enough oil in our own country to supply those kinds of needs...
The price of oil could drop immediately if we started conserving immediately some say....by reducing our demand....but I am even finding that this is not driving the price down either, even though our consumption has been reduced greatly through conservation that we have done recently as citizens, mainly cuz we can't afford the stuff anymore....
but prices went up....regardless, and am told this is because it is on a global market, and even though our consumption of oil is down, another country like China's is up?
Time to "get off" of oil as our main energy source, time to do this is now, yesterday really! No more war for oil....we use more oil when at war than we do when not at war.....
I realize that this can not be done overnight....the only thing that can be done overnight is cutting our own personal use of it....to reduce demand, this should be the same affect that drilling more would bring on the supply/demand scales....(though as said earlier, it hasn't...thus my reasoning on speculator manipulation is what is causing the great disparities and lack of sense in the huge price rises, without the same level of demand rise or future demand rise)
care