<a href=showthread.php?s=&postid=13143272#post13143272 target=_blank>Originally posted</a> by pdkinsel
Chrisstie, is you degree in business or is it in economics?
"(btw pdkinsel what you believe and what is fact are two different things, please do your research before guesstimaing we only have a few months of fuel left)"
Before making these prejudices, where are your facts? What articles are you referencing? The same ones that refer to Bush in his lame duck period? Sound like a bit of anger and partisanship? Certainly, we all cannot move for a solution with these prejudices. These prejudices and partinsanships are what is keeping us stagnant.
In addition, to some extent I am a xenophobe. I do "fear" sending $$ to foreigners that use some of that $$ to have other foreigners fly planes into buildings.
world oil consumption=85 mil barrels per day
us consumption(25%)=21.25 bpd
Startegic Oil Reserve=702.7 barrels=33 day reserve.
Here are some links. I have tried to omit articles that might show bias.
http://www.fe.doe.gov/programs/reserves/spr/spr-facts.html
http://www.eia.doe.gov/oiaf/ieo/pdf/ieoreftab_1.pdf
http://api-ec.api.org/aboutapi/index.cfm?bitmask=001010000000000000
http://science.howstuffworks.com/oil-refining.htm
Another cool article:
http://www.oasisdesign.net/transport/cars/cost.htm
"The fact is globalization will only continue to grow, and its easier said than done to keep our money in our country."
No doubt. I know I sound extreme on this issue. But we need to make an improvement rather than continue the slide. I am not saying build a brick wall around us.
LMK if there is anything here that appears to be my beliefs. And please send your articles as I am intersted in your perspective and fact.
AMEN BROTHER!!!! I really hope that Obama doesn't make it to the hot seat! he really scares me!
the only thing that we ought to be taxing more is imports! and lowering the taxes on domestic product to offset the impact on our consumers! I would rather make our American companies pockets fat rather than sending billions to Saudi Arabia or china so that they can slowly buy America away from us! we need to drill for oil NOW and build more refineries NOW, and utilize our nuclear capabilities for cleaner, petrol free power NOW!
the move to energy independence should be a multi pronged attack that includes alternative fuel research, nuclear expansion, import taxation, expanded drilling and refining, and domestic product tax relief! it is absolutely retarded to send all our money away for things that we have an abundance of here at home! the largest transfer of wealth ever!
the technology today is much more efficient and more environmentally safe than it was years ago! and the truth of the matter is that we can start pulling oil out of new wells in mere months in many cases. How on earth would we think that it wouldn't affect the price of oil domestically fairly quickly? if we feed our own thirst for petroleum products, they couldn't possibly keep feeding us this crap about supply exceeding demand AND.... as we start using new alternative energy sources and technology and start to break our petroleum addiction, then we will be in a position to start to export petrol to countries that aren't as technologically advanced as us....like china who's petrol demand is increasing every day! we could very well be bringing lots of that money back to the country.....or at least using it for plastics instead of gas for our cars.
there is enough shale in colorado alone to quench our thirst for 300 years! that is a fact! never mind alaska and the gulf!
Personally I would advocate new drilling, new refining, new nuclear plants, BIG grants for alternative research, and as the price of oil decreases, taxing those products in a way that there is a floor at $4 per gallon of gasoline to promote consumers to conserve and create the "want" to save on energy....but then put that money back into our pockets via lower income taxes. and lowering our taxes on domestic product by increasing them on imports!
If we do not launch a multi pronged energy policy that includes everything mentioned above, then we will find ourselves being bought out by the very countries that are feeding our thirst now!
of course, we can not drill, and not build new refineries, and not capitalize on nuclear, solar, wind and hydro energy....or heck even geothermal energy (lots of hot magma that could power stuff below the oil)
but while we are waiting for them to come......we may very well be standing up to say "I am an American (a Chinese/Saudi Arabian owned country)
Mr Shell and Mr Exxon can put up their biggest profits ever......they will be more apt to spend it here that the S America or Nigerians, or Saudis....besides......the government is making far more off oil that those companies!!! they are making only about 4% profit, but are posting those high numbers because of sheer volume! the government is getting better that 15% from those companies! So who is the real crook? Your Local fish store makes a bigger % than the US oil companies!
but maybe i just don't get it.......I'm not freshly graduated from college!
it seems to me that we have all the tools to fix things.....we just won't use them! I bet Saudi Arabia is laughing at us hysterically! I bet they say every day...."stupid Americans! they are sending 1/4 of thier money to us for something they could just as well pump out of their ground......and not even have to ship it anywhere! we aren't strong enough to challenge them militarily, so we will jusst keep waging economic warfare while they sit and whine and do nothing until they are just too weak to defend themselves anymore.....or maybe we will just plain buy them out!"
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