Why Cant America use its own Oil

[froggy]

2011 Grice Price Spike, By the Numbers | Hybrid Cars

 

[KissMy]

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.

 

[American Horse]

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.

 

[Mad Scientist]

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.

 

[Big Black Dog]

Why can't America use it's own oil? Two words... Environmental whackos.

 

[JBeukema]

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?

 

[ScreamingEagle]

We have enough reserves to become a world exporter....why does Obama hate capitalism...?

 

[JBeukema]

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.

 

[dilloduck]

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.

 

[American Horse]

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-à-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.

 

[skeptic]

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.

 

[rdean]

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.

 

[skeptic]

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.

 

[ScreamingEagle]

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'

 

[JBeukema]

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.

 

[skeptic]

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'

None of this matters if the US continues to uphold the laws of globalization or market liberalization. Any oil we produce in the US must be sold on the open market for spot prices or as futures, it is a violation of the cardinal laws of market liberalization and globalization, as well as the WTO and IMF to do otherwise.

 

[skeptic]

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.

Which is exactly why the envirowhckos, Al Gore, UN, International commodities exchange, neoliberals and cap and trade loons are all working in unison, to reduce our consumption forcefully because we won't reduce our consumption voluntarily.

As long as Americans have any disposable income at all, and oil is available to us we will waste oil as quickly as we can with autos designed to consume oil as inefficiently as possible. Or to consume oil as efficiently as possible depending on your pov.

American consumers simply can not be trusted with money, or oil.

 

[JBeukema]

[ame=http://www.amazon.com/Internal-Combustion-Corporations-Governments-Alternatives/dp/0312359071]Amazon.com: Internal Combustion: How Corporations and Governments Addicted the World to Oil and Derailed the Alternatives (9780312359072): Edwin Black: Books[/ame]

 

[ScreamingEagle]

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'

None of this matters if the US continues to uphold the laws of globalization or market liberalization. Any oil we produce in the US must be sold on the open market for spot prices or as futures, it is a violation of the cardinal laws of market liberalization and globalization, as well as the WTO and IMF to do otherwise.

Yet producing our own would lower market prices.....and eventually make us independent...if need be...

 

[JBeukema]

Wait, so letting international corporations drill in America so we can bid for it on the world market somehow leads to energy independence? How the hell is that supposed to work, exactly?