US Message Board - Political Discussion Forum

Why Cant America use its own Oil

This is a discussion on Why Cant America use its own Oil within the Economy forums, part of the US Discussion category; 2011 Grice Price Spike, By the Numbers | Hybrid Cars...


Go Back   US Message Board - Political Discussion Forum > US Discussion > Economy

Economy Discuss economic policy and wallstreet

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 03-03-2011, 07:29 AM
froggy's Avatar
Registered User
Member #20527
 
Join Date: Aug 2009
Posts: 6,594
Thanks: 340
Thanked 530 Times in 468 Posts
Mentioned: 17 Post(s)
Tagged: 0 Thread(s)
Rep Power: 304
froggy may be on a path to greatness froggy may be on a path to greatness froggy may be on a path to greatness froggy may be on a path to greatness froggy may be on a path to greatness froggy may be on a path to greatness froggy may be on a path to greatness froggy may be on a path to greatness froggy may be on a path to greatness froggy may be on a path to greatness froggy may be on a path to greatness froggy may be on a path to greatness
Why Cant America use its own Oil

2011 Grice Price Spike, By the Numbers | Hybrid Cars
__________________
We the people of the United States, in order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity, do ordain and establish this Constitution for the United States of America.
Reply With Quote
  #2 (permalink)  
Old 03-03-2011, 07:45 AM
KissMy's Avatar
Free Breast Exam
Member #21241
 
Join Date: Oct 2009
Location: In your head
Posts: 9,662
Thanks: 1,671
Thanked 2,590 Times in 1,827 Posts
Mentioned: 9 Post(s)
Tagged: 2 Thread(s)
Rep Power: 4614
KissMy has a reputation beyond repute KissMy has a reputation beyond repute KissMy has a reputation beyond repute
KissMy has a reputation beyond repute KissMy has a reputation beyond repute KissMy has a reputation beyond repute KissMy has a reputation beyond repute KissMy has a reputation beyond repute KissMy has a reputation beyond repute KissMy has a reputation beyond repute
Because Rachel Carson wrote a book full of lies called Silent Spring that said we can't defile US soil, water or air. JFK & the Liberals that read it believed the lies & have made it their constitution. Because of this book the EPA was created to keep US in line.
Reply With Quote
  #3 (permalink)  
Old 03-03-2011, 07:56 AM
American Horse's Avatar
AKA "Mustang"
Member #18324
 
Join Date: Jan 2009
Location: The Hoosier Heartland
Posts: 5,576
Thanks: 1,598
Thanked 933 Times in 718 Posts
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Rep Power: 419
American Horse may be on a path to greatness American Horse may be on a path to greatness American Horse may be on a path to greatness American Horse may be on a path to greatness American Horse may be on a path to greatness American Horse may be on a path to greatness American Horse may be on a path to greatness American Horse may be on a path to greatness American Horse may be on a path to greatness American Horse may be on a path to greatness American Horse may be on a path to greatness American Horse may be on a path to greatness American Horse may be on a path to greatness
Because Rachel Carson wrote a book full of lies called Silent Spring that said we can't defile US soil, water or air. JFK & the Liberals that read it believed the lies & have made it their constitution. Because of this book the EPA was created to keep US in line.
Because allowing us to do so would impede the liberal obsession with moving America to an alternative energy dependence. This is an indicator of how the liberal/media/education cabal controls the discussions that regulate our very lives.
__________________
~
My Avatar - a random configuration of stars in deep space as captured by Hubble.
Reply With Quote
  #4 (permalink)  
Old 03-03-2011, 08:29 AM
Not a REAL Jew
Member #11944
Supporting Member
 
Join Date: Sep 2008
Location: 15 Miles North of Gettysburg
Posts: 18,994
Thanks: 6,847
Thanked 7,359 Times in 4,605 Posts
Mentioned: 12 Post(s)
Tagged: 2 Thread(s)
Rep Power: 5535
Mad Scientist has disabled reputation
When the price per barrel reaches 225-250 we'll see more drilling. Obama is merely a puppet so he'll do what he's told.

But the price of fuel will remain high.
Reply With Quote
The Following User Says Thank You to Mad Scientist For This Useful Post:
Douger (03-05-2011)
  #5 (permalink)  
Old 03-03-2011, 08:31 AM
Big Black Dog's Avatar
Good doggie
Member #19441
Supporting Member
 
Join Date: May 2009
Location: Northwestern Illinois
Posts: 22,106
Thanks: 4,689
Thanked 8,965 Times in 5,011 Posts
Mentioned: 42 Post(s)
Tagged: 1 Thread(s)
Rep Power: 16214
Big Black Dog gives orders to the Illuminati Big Black Dog gives orders to the Illuminati Big Black Dog gives orders to the Illuminati Big Black Dog gives orders to the Illuminati Big Black Dog gives orders to the Illuminati Big Black Dog gives orders to the Illuminati Big Black Dog gives orders to the Illuminati Big Black Dog gives orders to the Illuminati
Big Black Dog gives orders to the Illuminati Big Black Dog gives orders to the Illuminati Big Black Dog gives orders to the Illuminati Big Black Dog gives orders to the Illuminati Big Black Dog gives orders to the Illuminati Big Black Dog gives orders to the Illuminati Big Black Dog gives orders to the Illuminati Big Black Dog gives orders to the Illuminati Big Black Dog gives orders to the Illuminati Big Black Dog gives orders to the Illuminati Big Black Dog gives orders to the Illuminati Big Black Dog gives orders to the Illuminati Big Black Dog gives orders to the Illuminati Big Black Dog gives orders to the Illuminati Big Black Dog gives orders to the Illuminati
Why can't America use it's own oil? Two words... Environmental whackos.
Reply With Quote
The Following User Says Thank You to Big Black Dog For This Useful Post:
peach174 (03-03-2011)
  #6 (permalink)  
Old 03-03-2011, 08:59 AM
Banned
Member #19207
 
Join Date: Apr 2009
Location: everywhere and nowhere
Posts: 25,613
Thanks: 2,141
Thanked 2,380 Times in 1,876 Posts
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Rep Power: 0
JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness
Quote:
Why Cant America use its own Oil
Because we haven't nationalized/socialized the oil industry. Even if we let someone 'drill here', America doesn't get first dibs on the oil they pump out- it goes straight to the world market where we have to bid on it the same as all the other oil out there.

There are only two options if you want to 'drill here' and 'use our own oil':
1)socialize the oil industry
2)Put a ban/limit on exported goods and force corporations to sell oil at a capped price to American refiners/distributors before they're allowed to sell any of the oil on the open market.

In other words- you have to oppose capitalism and the free market in order to 'drill here, drill now and use our own oil'


Why does the OP hate capitalism?
Reply With Quote
The Following User Says Thank You to JBeukema For This Useful Post:
Synthaholic (03-03-2011)
  #7 (permalink)  
Old 03-03-2011, 09:22 AM
ScreamingEagle's Avatar
Registered User
Member #1636
 
Join Date: Jul 2004
Posts: 11,768
Thanks: 1,519
Thanked 1,927 Times in 1,331 Posts
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Rep Power: 2203
ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute
ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute
We have enough reserves to become a world exporter....why does Obama hate capitalism...?

Guests cannot see images in the messages. Please register to forum by clicking here to see images.
__________________
"You can take from A and give to B if B pays more taxes?"
~Justice Antonin Scalia on Kelo v. New London


"We are fast approaching the stage of the ultimate inversion: The stage where the government is free to do anything it pleases, while the citizens may act only by permission – which is the stage of the darkest periods of human history, the stage of rule by brute force." ~Ayn Rand

“Medicine is the keystone in the arch of socialism”~Lenin
Reply With Quote
  #8 (permalink)  
Old 03-03-2011, 09:31 AM
Banned
Member #19207
 
Join Date: Apr 2009
Location: everywhere and nowhere
Posts: 25,613
Thanks: 2,141
Thanked 2,380 Times in 1,876 Posts
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Rep Power: 0
JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness
Drilling here does nothing so long as we buy into the capitalist propaganda and system. It would change nothing. We'd still be looking at multinational corporations drilling for the oil and putting on the world market where we have to bid for it like everyone else. The 70's proved that these companies will slow production to create artificial shortages if they think it's boost their profit margin.
Reply With Quote
The Following User Says Thank You to JBeukema For This Useful Post:
Synthaholic (03-03-2011)
  #9 (permalink)  
Old 03-03-2011, 09:43 AM
dilloduck's Avatar
back monitoring reality
Member #1324
 
Join Date: May 2004
Location: Austin, TX
Posts: 50,520
Thanks: 3,271
Thanked 5,907 Times in 4,016 Posts
Mentioned: 42 Post(s)
Tagged: 1 Thread(s)
Rep Power: 6478
dilloduck has disabled reputation
It seems to me that we pay for what speculators think the price of oil well be. Wouldn't it be much harder to spook the specualtors if a steady supply of oil was coming in form a relatively stable region of the world. The speculators probably cheer when prices go up and down based on predictions of what will happen next in the mid east. If the prive of oil stayed flat they would have find their profits gambling on another commodity.
__________________
The Hokey Pokey
That's what it's all about !
Reply With Quote
The Following User Says Thank You to dilloduck For This Useful Post:
American Horse (03-03-2011)
  #10 (permalink)  
Old 03-03-2011, 09:49 AM
American Horse's Avatar
AKA "Mustang"
Member #18324
 
Join Date: Jan 2009
Location: The Hoosier Heartland
Posts: 5,576
Thanks: 1,598
Thanked 933 Times in 718 Posts
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Rep Power: 419
American Horse may be on a path to greatness American Horse may be on a path to greatness American Horse may be on a path to greatness American Horse may be on a path to greatness American Horse may be on a path to greatness American Horse may be on a path to greatness American Horse may be on a path to greatness American Horse may be on a path to greatness American Horse may be on a path to greatness American Horse may be on a path to greatness American Horse may be on a path to greatness American Horse may be on a path to greatness American Horse may be on a path to greatness
Drilling here does nothing so long as we buy into the capitalist propaganda and system. It would change nothing. We'd still be looking at multinational corporations drilling for the oil and putting on the world market where we have to bid for it like everyone else. The 70's proved that these companies will slow production to create artificial shortages if they think it's boost their profit margin.
Remove doubt about American energy policy vis-ŕ-vis using as much of our own resources as possible and thus our being less dependent on nations who are either subject to chaotic social forces in their regions or who are known to not respect us would lower prices everywhere. Removing ourselves from dependence on regions that at any moment can become unreliable as suppliers would settle down world speculative markets, and encourage rational pricing. We would enjoy those benefits directly and the world would indirectly.
__________________
~
My Avatar - a random configuration of stars in deep space as captured by Hubble.
Reply With Quote
  #11 (permalink)  
Old 03-03-2011, 10:27 AM
Banned
Member #28299
 
Join Date: Feb 2011
Posts: 417
Thanks: 64
Thanked 41 Times in 34 Posts
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Rep Power: 0
skeptic spends too much time on USMB skeptic spends too much time on USMB skeptic spends too much time on USMB skeptic spends too much time on USMB skeptic spends too much time on USMB skeptic spends too much time on USMB
Quote:
Why Cant America use its own Oil
Because we haven't nationalized/socialized the oil industry. Even if we let someone 'drill here', America doesn't get first dibs on the oil they pump out- it goes straight to the world market where we have to bid on it the same as all the other oil out there.

There are only two options if you want to 'drill here' and 'use our own oil':
1)socialize the oil industry
2)Put a ban/limit on exported goods and force corporations to sell oil at a capped price to American refiners/distributors before they're allowed to sell any of the oil on the open market.

In other words- you have to oppose capitalism and the free market in order to 'drill here, drill now and use our own oil'


Why does the OP hate capitalism?
Good points. Globalization insures that oil prices must rise dramatically as global living standards seek parity and global demand increases.

It makes no difference where the oil comes from.

BUT, our government could try actually making a profit on our oil leases by charging what the market will bear. As oil approaches $120/bbl there is a lot of revenue to be gained by managing our federal resources like profit centers instead of subsidy mills for our pet political contributors.
Reply With Quote
The Following User Says Thank You to skeptic For This Useful Post:
dilloduck (03-03-2011)
  #12 (permalink)  
Old 03-03-2011, 10:32 AM
rdean's Avatar
rddean
Member #20394
 
Join Date: Aug 2009
Location: chicago
Posts: 41,117
Thanks: 1,042
Thanked 7,805 Times in 5,780 Posts
Mentioned: 84 Post(s)
Tagged: 2 Thread(s)
Rep Power: 1359
rdean could be on the Supreme Court rdean could be on the Supreme Court
rdean could be on the Supreme Court rdean could be on the Supreme Court rdean could be on the Supreme Court rdean could be on the Supreme Court rdean could be on the Supreme Court rdean could be on the Supreme Court
Quote:
Why Cant America use its own Oil
Because we haven't nationalized/socialized the oil industry. Even if we let someone 'drill here', America doesn't get first dibs on the oil they pump out- it goes straight to the world market where we have to bid on it the same as all the other oil out there.

There are only two options if you want to 'drill here' and 'use our own oil':
1)socialize the oil industry
2)Put a ban/limit on exported goods and force corporations to sell oil at a capped price to American refiners/distributors before they're allowed to sell any of the oil on the open market.

In other words- you have to oppose capitalism and the free market in order to 'drill here, drill now and use our own oil'


Why does the OP hate capitalism?
Exactly. And this is why America subsidizes oil companies and allows some of them to drill without paying anything. It's to keep capitalism strong.

Republicans Side with Big Oil, Reject $53 Billion in Taxpayer Savings | The House Committee on Natural Resources

WASHINGTON (February 18, 2011) – Just as they have done all week during the debate on the yearly government spending bill, Republicans in the House rejected eliminating egregious loopholes and tax breaks given to the oil companies, voting down an amendment that would have recovered up to $53 billion in taxpayer funds from oil companies. The amendment -- offered by Reps. Edward J. Markey (D-Mass.), Maurice Hinchey (D-N.Y.), George Miller (D-Calif.) and Lois Capps (D-Calif.) -- was voted down by a 251-174 vote.
__________________
Grampa Murked U - Where, if anywhere, does personal responsibility fit into that? I made **** wages when I started out in life. In fact my first two bosses only hired me because of the tax incentives they got for hiring an ex con.
bripat9643: Dumbest liberal statements in USMB "Demand creates jobs"
Rottweiler commenting on Healthcare: That's exactly right. The American people don't deserve ****.
Quantum Windbag on whites committing suicide: I have enough to deal with caring about my friends and family, why the **** should I care about a bunch of dead people?
FJO: You can safely swim and fish in that "ruined gulf coast".
Tank: Homosexuality, welfare, unemployment, dropouts, STD.s. obesity, fatherless children, abortion, rape, murder are not Republican values, so thats why blacks, hispanics and gays are democrats
Reply With Quote
  #13 (permalink)  
Old 03-03-2011, 10:43 AM
Banned
Member #28299
 
Join Date: Feb 2011
Posts: 417
Thanks: 64
Thanked 41 Times in 34 Posts
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Rep Power: 0
skeptic spends too much time on USMB skeptic spends too much time on USMB skeptic spends too much time on USMB skeptic spends too much time on USMB skeptic spends too much time on USMB skeptic spends too much time on USMB
Quote: Originally Posted by American Horse Guests cannot see images in the messages. Please register to forum by clicking here to see images.
Because Rachel Carson wrote a book full of lies called Silent Spring that said we can't defile US soil, water or air. JFK & the Liberals that read it believed the lies & have made it their constitution. Because of this book the EPA was created to keep US in line.
Because allowing us to do so would impede the liberal obsession with moving America to an alternative energy dependence. This is an indicator of how the liberal/media/education cabal controls the discussions that regulate our very lives.
The enviro-whackos are on the same side as Exxon Mobile, the corporatists, the globalizing neoliberals.

They just don't know it. And for the same reason that you don't know it, because you like the enviro-whackos have been brainwashed.
Reply With Quote
  #14 (permalink)  
Old 03-03-2011, 11:37 AM
ScreamingEagle's Avatar
Registered User
Member #1636
 
Join Date: Jul 2004
Posts: 11,768
Thanks: 1,519
Thanked 1,927 Times in 1,331 Posts
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Rep Power: 2203
ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute
ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute ScreamingEagle has a reputation beyond repute
Political analyst J. D. Pendry said the barrel estimates from the Atlantic Shelf and the Bakken Fields show that the U.S. should be energy independent. He says the lagging development has no logical explanation.

"We have enough oil reserves in our country, much of which is on federal lands, to achieve energy independence. We have more than any other nation on the planet," Pendry claimed.

"Yet we choose instead to empower the Middle East and tyrants like (Venezuela's) Hugo Chavez rather than developing our own oil and energy sources," he said.

"When you factor in our coal reserves and the potential for coal-to-liquid fuel development, it is even more astounding that we purchase even one drop of fuel from other countries," said Pendry.

He believes the reason for the continued dependence is a lack of political will on the part of leaders. He believes there's some political maneuvering.

"It's only a smoke screen for the uninformed, which amazingly enough still works today. When cap-and-trade is forced on us, the president will state that he is pursuing drilling and claim the Republicans aren't supporting him in his efforts," Pendry said. "Our energy situation is mind-boggling."


Read more: U.S. has 'enough oil to be independent' U.S. has 'enough oil to be independent'
__________________
"You can take from A and give to B if B pays more taxes?"
~Justice Antonin Scalia on Kelo v. New London


"We are fast approaching the stage of the ultimate inversion: The stage where the government is free to do anything it pleases, while the citizens may act only by permission – which is the stage of the darkest periods of human history, the stage of rule by brute force." ~Ayn Rand

“Medicine is the keystone in the arch of socialism”~Lenin
Reply With Quote
  #15 (permalink)  
Old 03-03-2011, 11:41 AM
Banned
Member #19207
 
Join Date: Apr 2009
Location: everywhere and nowhere
Posts: 25,613
Thanks: 2,141
Thanked 2,380 Times in 1,876 Posts
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Rep Power: 0
JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness JBeukema may be on a path to greatness
Quote:
Why Cant America use its own Oil
Because we haven't nationalized/socialized the oil industry. Even if we let someone 'drill here', America doesn't get first dibs on the oil they pump out- it goes straight to the world market where we have to bid on it the same as all the other oil out there.

There are only two options if you want to 'drill here' and 'use our own oil':
1)socialize the oil industry
2)Put a ban/limit on exported goods and force corporations to sell oil at a capped price to American refiners/distributors before they're allowed to sell any of the oil on the open market.

In other words- you have to oppose capitalism and the free market in order to 'drill here, drill now and use our own oil'


Why does the OP hate capitalism?
Good points. Globalization insures that oil prices must rise dramatically as global living standards seek parity and global demand increases.

It makes no difference where the oil comes from.

BUT, our government could try actually making a profit on our oil leases by charging what the market will bear. As oil approaches $120/bbl there is a lot of revenue to be gained by managing our federal resources like profit centers instead of subsidy mills for our pet political contributors.
We could also slow the rate at which we burn the oil and use it to build windmills in the appropriate regions and solar panels int he Southwest. We can explore tidal and geothermal energies where feasible and devote resources away from corn ethonal and towards sugarcane/sugarbeet ethanol and alternatives to plastics.

Oil is a finite and non-sustainable resource.
Reply With Quote
Reply


Lower Navigation
Go Back   US Message Board - Political Discussion Forum > US Discussion > Economy
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Forum Jump

Search tags for this page

why doesnt united states dig for oil

,
why americans dont use their own oil
Click on a term to search our site for related topics.



All times are GMT -6. The time now is 03:26 AM.



Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.