biggjoe
Posts: 558
Joined: Jul 2007
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7/8/08 2:38 PM
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Quote
Originally posted by: Boilerman
Senator Robert Menendez (NJ) appeared on Fox News today and told enough lies that only the uninformed would believe him. He tells us that new drilling won't produce a drop of oil for ten years. While it's true that a small percentage of desirable drilling locations would take 10 years to product oil, most drilling projects would produce oil within three years and some within 12 months. He's trying to mislead those too lazy to learn the facts.
He tells us that oil companies should drill within their currently leased 65 million acres, then wouldn't address why Chevron can't develop the Destin Dome which falls within the current leased 65 million acres. The Destin Dome would produce an estimated 450 trillion cubic feet of natural gas per day. Liberal Democrats have held the Destin Dome (25 miles plus off the panhandle of Florida) off limits to drilling even though they sold the drilling rights. Menendez is trying to mislead those too lazy to learn the facts.
The drilling obstructionists don't like business, they don't like industry, and they certainly don't like oil companies. Their hatred is hurting Americans by driving our energy costs sky high.
T Boone Pickings, the Billionaire oilman was on Good morning America today telling his plan for the energy crisis. He says the only way we can get out of this mess is by conservation, and using natural gas and wind power as alternative energy sources. He predicts that if we don't do something quick, we'll have $6/gal gas by next year. Oh BTW, he also said that there's "NOT ENOUGH CRUDE OIL AVAILABLE" in this country to cure our problem. Here's the link, check it out your self:http://abcnews.go.com/GMA/
Biggjoe
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Proud to be a union worker, and proud to be a liberal. The best of both worlds.
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Boilerman
Posts: 3051
Joined: Jun 2007
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7/8/08 2:41 PM
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He's also in the business in drumming up subsidies for his billion dollar wind power project. If he doesn't get enough of a handout from the government, he won't move forward.
I've been familiar with T. Boone from his early days as a corporate raider. He's a very rich scum bag.
Quote
Originally posted by: biggjoe
Quote
Originally posted by: Boilerman
Senator Robert Menendez (NJ) appeared on Fox News today and told enough lies that only the uninformed would believe him. He tells us that new drilling won't produce a drop of oil for ten years. While it's true that a small percentage of desirable drilling locations would take 10 years to product oil, most drilling projects would produce oil within three years and some within 12 months. He's trying to mislead those too lazy to learn the facts.
He tells us that oil companies should drill within their currently leased 65 million acres, then wouldn't address why Chevron can't develop the Destin Dome which falls within the current leased 65 million acres. The Destin Dome would produce an estimated 450 trillion cubic feet of natural gas per day. Liberal Democrats have held the Destin Dome (25 miles plus off the panhandle of Florida) off limits to drilling even though they sold the drilling rights. Menendez is trying to mislead those too lazy to learn the facts.
The drilling obstructionists don't like business, they don't like industry, and they certainly don't like oil companies. Their hatred is hurting Americans by driving our energy costs sky high.
T Boone Pickings, the Billionaire oilman was on Good morning America today telling his plan for the energy crisis. He says the only way we can get out of this mess is by conservation, and using natural gas and wind power as alternative energy sources. He predicts that if we don't do something quick, we'll have $6/gal gas by next year. Oh BTW, he also said that there's "NOT ENOUGH CRUDE OIL AVAILABLE" in this country to cure our problem. Here's the link, check it out your self:http://abcnews.go.com/GMA/
Biggjoe
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mindbender
Posts: 12785
Joined: Oct 2004
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7/8/08 3:48 PM
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Mindbender supports allowing the market to continue to bring cost effective alternative energy to the marketplace, supports expanded nuke power, supports market based conservation, drilling in all of our available areas.......
Mindbender agrees that drilling alone does not fix the world-wide shortage of crude.....but it is the only transition option from where we are to where we need to be.
Loony liberal mandates, cap & trade schemes (yes even McCain's) and every other Washington hair brained plan that screws up the efficient operation of the free market system are dangerous and counter productive.
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--------  Jesus said: Come unto Me, all who are weary and heavy laden, and I will give you rest. Take My yoke upon you, and learn from from Me, for I am gentle, and humble in heart, and you shall find rest for your souls. " |
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cowboydan
Posts: 1149
Joined: Nov 2006
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7/8/08 5:08 PM
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The Department of Energy, in 2004:
"According to an analysis released last week by the Department of Energy (DOE), opening the Arctic National Wildlife Refuge (ANWR) to oil development would only slightly reduce America’s dependence on imports and would lower oil prices by less than 50 cents a barrel.
The report, issued by DOE's Energy Information Administration, said that if Congress gave the go-ahead to pump oil from Alaska's Arctic National Wildlife Refuge, the crude could begin flowing by 2013 and reach a peak of 876,000 barrels a day by 2025.
But even at peak production, according to the EIA analysis, the United States would still need to import 66 percent of its oil, as opposed to an expected 70 percent if the refuge's oil remained off the market."
Link
DOE in 2008:
"But the U.S. Energy Information Administration, an independent statistical agency within the Department of Energy, concluded that new oil from ANWR would lower the world price of oil by no more than $1.44 per barrel—and possibly have as little effect as 41 cents per barrel—and would have its largest impact nearly 20 years from now if Congress voted to open the refuge today."
Link
Menendez stated a well know reality. New drilling has a long lead time. US oil reserves aren't big enough to make up the disproportionate usage levels in the US. McCain himself stated a version of this truth about 3 weeks ago, admitting that the effect of new drilling would be psychological.
Edited: 7/8/08 at 5:09 PM by cowboydan
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mindbender
Posts: 12785
Joined: Oct 2004
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7/8/08 5:21 PM
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Funny thing about estimates made by government.......they don't always turn out to be correct. Especially when no one in the government has drilled a single well in ANWR to know how much oil is actually there.
Folks who attack Bush for believing government estimates on Iraq are now all giggly in their rush to believe government estimates about ANWR without a single test well to know for sure how much oil is there.
On the National Geographic Channel recently, they talked about the 4 years of test wells that came up bone dry in Saudi Arabia before finding the first of the world's largest liquid crude supplies.
Mindbender opines that Chevron has drilled an oil well on the outskirts of ANWR and while they have not released their results, Chevron strongly supports the opening of ANWR.
We already have in place the infrastructure to pump ANWR oil to the west coast....unlike most of the other possible locations of oil off our coasts.......and unlike the "estimates" of hordes of experts, the caribou and other Alaskan fauna seem to like the Alaska pipeline and herds have increased in the area. So much for estimates.
Yea, I know, liberals will say Chevron is too stupid to assess the results of their $40 million dollar test well investment.....
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-------- Jesus said: Come unto Me, all who are weary and heavy laden, and I will give you rest. Take My yoke upon you, and learn from from Me, for I am gentle, and humble in heart, and you shall find rest for your souls. "
Edited: 7/8/08 at 5:22 PM by mindbender
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biggjoe
Posts: 558
Joined: Jul 2007
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7/8/08 5:40 PM
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Quote
Originally posted by: Boilerman
He's also in the business in drumming up subsidies for his billion dollar wind power project. If he doesn't get enough of a handout from the government, he won't move forward.
I've been familiar with T. Boone from his early days as a corporate raider. He's a very rich scum bag.
Quote
Originally posted by: biggjoe
Quote
Originally posted by: Boilerman
Senator Robert Menendez (NJ) appeared on Fox News today and told enough lies that only the uninformed would believe him. He tells us that new drilling won't produce a drop of oil for ten years. While it's true that a small percentage of desirable drilling locations would take 10 years to product oil, most drilling projects would produce oil within three years and some within 12 months. He's trying to mislead those too lazy to learn the facts.
He tells us that oil companies should drill within their currently leased 65 million acres, then wouldn't address why Chevron can't develop the Destin Dome which falls within the current leased 65 million acres. The Destin Dome would produce an estimated 450 trillion cubic feet of natural gas per day. Liberal Democrats have held the Destin Dome (25 miles plus off the panhandle of Florida) off limits to drilling even though they sold the drilling rights. Menendez is trying to mislead those too lazy to learn the facts.
The drilling obstructionists don't like business, they don't like industry, and they certainly don't like oil companies. Their hatred is hurting Americans by driving our energy costs sky high.
T Boone Pickings, the Billionaire oilman was on Good morning America today telling his plan for the energy crisis. He says the only way we can get out of this mess is by conservation, and using natural gas and wind power as alternative energy sources. He predicts that if we don't do something quick, we'll have $6/gal gas by next year. Oh BTW, he also said that there's "NOT ENOUGH CRUDE OIL AVAILABLE" in this country to cure our problem. Here's the link, check it out your self:http://abcnews.go.com/GMA/
Biggjoe
I thought he said in the interview that he's putting up his own money for the wind farm.
Biggjoe
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Proud to be a union worker, and proud to be a liberal. The best of both worlds.
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rdwoodpecker
Posts: 5542
Joined: Jan 2004
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7/8/08 7:32 PM
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Quote
Originally posted by: biggjoe
Quote
Originally posted by: Boilerman
He's also in the business in drumming up subsidies for his billion dollar wind power project. If he doesn't get enough of a handout from the government, he won't move forward.
I've been familiar with T. Boone from his early days as a corporate raider. He's a very rich scum bag.
Quote
Originally posted by: biggjoe
Quote
Originally posted by: Boilerman
Senator Robert Menendez (NJ) appeared on Fox News today and told enough lies that only the uninformed would believe him. He tells us that new drilling won't produce a drop of oil for ten years. While it's true that a small percentage of desirable drilling locations would take 10 years to product oil, most drilling projects would produce oil within three years and some within 12 months. He's trying to mislead those too lazy to learn the facts.
He tells us that oil companies should drill within their currently leased 65 million acres, then wouldn't address why Chevron can't develop the Destin Dome which falls within the current leased 65 million acres. The Destin Dome would produce an estimated 450 trillion cubic feet of natural gas per day. Liberal Democrats have held the Destin Dome (25 miles plus off the panhandle of Florida) off limits to drilling even though they sold the drilling rights. Menendez is trying to mislead those too lazy to learn the facts.
The drilling obstructionists don't like business, they don't like industry, and they certainly don't like oil companies. Their hatred is hurting Americans by driving our energy costs sky high.
T Boone Pickings, the Billionaire oilman was on Good morning America today telling his plan for the energy crisis. He says the only way we can get out of this mess is by conservation, and using natural gas and wind power as alternative energy sources. He predicts that if we don't do something quick, we'll have $6/gal gas by next year. Oh BTW, he also said that there's "NOT ENOUGH CRUDE OIL AVAILABLE" in this country to cure our problem. Here's the link, check it out your self:http://abcnews.go.com/GMA/
Biggjoe
I thought he said in the interview that he's putting up his own money for the wind farm.
Biggjoe
T Boone appears commonly on CNBC Squawk Box in the mornings. He has talked at length about Natural Gas and of course Wind Power. He has mentioned that his company needs the government subsidies to make this profitable. He is putting up "capital" of his own to start the West Texas windfarm but the government has sent him payments as well.
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Boilerman
Posts: 3051
Joined: Jun 2007
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7/8/08 9:04 PM
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Sure he's putting his own money into the wind mill project. He's also fishing for government subsidize. If he does the project with 100% T. Boone money, I'm all for it.
Quote
Originally posted by: biggjoe
Quote
Originally posted by: Boilerman
He's also in the business in drumming up subsidies for his billion dollar wind power project. If he doesn't get enough of a handout from the government, he won't move forward.
I've been familiar with T. Boone from his early days as a corporate raider. He's a very rich scum bag.
Quote
Originally posted by: biggjoe
Quote
Originally posted by: Boilerman
Senator Robert Menendez (NJ) appeared on Fox News today and told enough lies that only the uninformed would believe him. He tells us that new drilling won't produce a drop of oil for ten years. While it's true that a small percentage of desirable drilling locations would take 10 years to product oil, most drilling projects would produce oil within three years and some within 12 months. He's trying to mislead those too lazy to learn the facts.
He tells us that oil companies should drill within their currently leased 65 million acres, then wouldn't address why Chevron can't develop the Destin Dome which falls within the current leased 65 million acres. The Destin Dome would produce an estimated 450 trillion cubic feet of natural gas per day. Liberal Democrats have held the Destin Dome (25 miles plus off the panhandle of Florida) off limits to drilling even though they sold the drilling rights. Menendez is trying to mislead those too lazy to learn the facts.
The drilling obstructionists don't like business, they don't like industry, and they certainly don't like oil companies. Their hatred is hurting Americans by driving our energy costs sky high.
T Boone Pickings, the Billionaire oilman was on Good morning America today telling his plan for the energy crisis. He says the only way we can get out of this mess is by conservation, and using natural gas and wind power as alternative energy sources. He predicts that if we don't do something quick, we'll have $6/gal gas by next year. Oh BTW, he also said that there's "NOT ENOUGH CRUDE OIL AVAILABLE" in this country to cure our problem. Here's the link, check it out your self:http://abcnews.go.com/GMA/
Biggjoe
I thought he said in the interview that he's putting up his own money for the wind farm.
Biggjoe
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