in his book he states that oil from alaska could be produced at low cost and would make our dependence on mideast oil unneccessary . is he a liar or do you know ? he also says that the oil deposits in alaska would be sufficient for 200 years.i can't seem to find the answer in my research on the internet . any help will be appreciated. thanks. if true we all should be after our government to tap this resource and put an end to our dependence on foreign oil.Lindsey williams has written a book ENERGY NON CRISIS. he says alaska has enough oil to solve the oil crisis?
I wish we could get that oil, but all the environmentalist freak out at the thought of drilling. I read somewhere that they have new drilling techniques that wouldn't impact the environment that much.
Back in the 70s when the Alaska pipeline was built, a lot of people protested about that, and said it was bad for the environment, but it worked out OK. Actually a lot of animals hang out around the pipeline because it is heated.Lindsey williams has written a book ENERGY NON CRISIS. he says alaska has enough oil to solve the oil crisis?
The environmental nutcases are so worried about the 100 acres or so that would be used to set up the drilling, that they actually prefer that we buy Arab oil from OPEC nations.
These environmentalists are part of the reason why we (and they) are paying so much for food these days.
I wonder if these environmental lunatics turn on their lights at night, use flush toilets, or cycle to work every morning.
Even Al Gore can't bear to use the phrase ';Global Warming';. He now uses the term ';Climate Change'; after the massive winter snowfalls and cold that people experienced in the north this winter.
We have been pumping and drilling up here since 1977. The wildlife do not have a problem with the pipeline. We don't have enough oil to satisfy the needs and wants of the USA.
Where is the oil crisis? Every time I go to the gas station they have plenty of gas.
he doesn't know what he is talking about.
Wednesday, December 16, 2009
How will hydrogen fuel cells save us from the oil crisis?
Please add your sources, thanks =)How will hydrogen fuel cells save us from the oil crisis?
Lancenigo di Villorba (TV), Italy
You asked :';How will hydrogen fuel cells save us from the oil crisis?';
TECHNICAL CRITERION
Nowadays, most advanced and exerted Hydrogen Cell Plants interests closely Spatial Stations orbiting around Earth.
No, astronauts can't refer to Traditional Oil Burning.
Astronauts get an important fraction of energy by Plants based onto Hydrogen Cell Technologies.
Spatial Stations have very large Solar Equipments to soak up how much possible Sun Energy.
All that Energy Amount will supply several Electrolyzers.
ELECTROLYZERs ARE ELECTRIAL DEVICEs WHICH DECOMPOSE WATER INTO HYDROGEN AND OXYGEN
2 H2O(aq) ---%26gt; 2 H2(g) + O2(g)
A part of oxygen assure life to astronauts, whilst Hydrogen and Oxygen withdraw to Hydrogen Cell.
HYDROGEN CELL PLAY A REVERSAL PROCESS THAN Electrolyzers : HYDROGEN CELL CONVERT HYDROGEN INTO WATER WHILST ENERGY RESULT AVAILABLE.
Why do astronauts have to pass through Hydrogen Cycle?
Why astronauts don't use directly Sun Energy?
First, these a clear Electrical Power Question : Solar Panels haven't satisfactory Power.
Second, Solar Panels can't aid them once Station move in Earth Shadow Zone, e.g. in nighttime.
ECONOMICAL CRITERION
Nowadays, there are still too many economical interests played by Oil Companies.
In effects, these Companies play research onto Sun Energy to GET PATENT ABOUT SOLAR ENERGY IN ORDER TO AVOID ITS APPLICATION.
So, World is remaining slave for Oil by decision of too many few richmen.
I hope this helps you.How will hydrogen fuel cells save us from the oil crisis?
Doubtful.
Hydrogen fuel cells allow a hydrogen carrying fuel to be used to generate electricity.
Currently most of the fuel cell vehicles run off of some type of fossil fuel or generate the hydrogen using a fossil fuel.
Using straight hydrogen is also a problem. Converting hydrogen to a liquid uses more power than the hydrogen will generate. Also hydrogen is extremely permiable. It will literally seep between the atoms of what ever container it is held in. It also caused embrittlement of the metal used to contain the hydrogen.
So in short, fuel cells are not the answer unless we start producing a lot of clean electricity to generate and convert the hydrogen to a liquid.
Lancenigo di Villorba (TV), Italy
You asked :';How will hydrogen fuel cells save us from the oil crisis?';
TECHNICAL CRITERION
Nowadays, most advanced and exerted Hydrogen Cell Plants interests closely Spatial Stations orbiting around Earth.
No, astronauts can't refer to Traditional Oil Burning.
Astronauts get an important fraction of energy by Plants based onto Hydrogen Cell Technologies.
Spatial Stations have very large Solar Equipments to soak up how much possible Sun Energy.
All that Energy Amount will supply several Electrolyzers.
ELECTROLYZERs ARE ELECTRIAL DEVICEs WHICH DECOMPOSE WATER INTO HYDROGEN AND OXYGEN
2 H2O(aq) ---%26gt; 2 H2(g) + O2(g)
A part of oxygen assure life to astronauts, whilst Hydrogen and Oxygen withdraw to Hydrogen Cell.
HYDROGEN CELL PLAY A REVERSAL PROCESS THAN Electrolyzers : HYDROGEN CELL CONVERT HYDROGEN INTO WATER WHILST ENERGY RESULT AVAILABLE.
Why do astronauts have to pass through Hydrogen Cycle?
Why astronauts don't use directly Sun Energy?
First, these a clear Electrical Power Question : Solar Panels haven't satisfactory Power.
Second, Solar Panels can't aid them once Station move in Earth Shadow Zone, e.g. in nighttime.
ECONOMICAL CRITERION
Nowadays, there are still too many economical interests played by Oil Companies.
In effects, these Companies play research onto Sun Energy to GET PATENT ABOUT SOLAR ENERGY IN ORDER TO AVOID ITS APPLICATION.
So, World is remaining slave for Oil by decision of too many few richmen.
I hope this helps you.How will hydrogen fuel cells save us from the oil crisis?
Doubtful.
Hydrogen fuel cells allow a hydrogen carrying fuel to be used to generate electricity.
Currently most of the fuel cell vehicles run off of some type of fossil fuel or generate the hydrogen using a fossil fuel.
Using straight hydrogen is also a problem. Converting hydrogen to a liquid uses more power than the hydrogen will generate. Also hydrogen is extremely permiable. It will literally seep between the atoms of what ever container it is held in. It also caused embrittlement of the metal used to contain the hydrogen.
So in short, fuel cells are not the answer unless we start producing a lot of clean electricity to generate and convert the hydrogen to a liquid.
What changes do you think we will have to make to our lifestyle due to the oil crisis?
1. There is no oil crisis. It's mostly speculation on wall street causing these insane prices.
2. Start using more public transportation
3. Get a scooter, moped or motorcycle.
4. If you live in a large city, bike to work
5. Don't buy any American made vehicles (force the big 3 to get out of bed with the oil companies).
6. When prices go down (they will short term), continue to conserve.
7. If you own a home, set your water heater to 130 degrees (will lower your gas bill).
Anyone else want to add to this list?What changes do you think we will have to make to our lifestyle due to the oil crisis?
I think we will see a sharp decrease in the number of SUV's, hummers and other large vehicles on the road. Most people I know are planning to vacation closer to home. I think people will find they turn the thermostat down a bit lower. Less flights due to the high cost of plane fare.What changes do you think we will have to make to our lifestyle due to the oil crisis?
stop being such a wasteful consumer. the cost of items skyrocket from demand of these items and the cost to get them to the shelves. wasting and endlessly consuming items adds to the crisis.
I've made a few changes. I now steal food and siphon gas from car lots.
we may have to move closer to our jobs.
2. Start using more public transportation
3. Get a scooter, moped or motorcycle.
4. If you live in a large city, bike to work
5. Don't buy any American made vehicles (force the big 3 to get out of bed with the oil companies).
6. When prices go down (they will short term), continue to conserve.
7. If you own a home, set your water heater to 130 degrees (will lower your gas bill).
Anyone else want to add to this list?What changes do you think we will have to make to our lifestyle due to the oil crisis?
I think we will see a sharp decrease in the number of SUV's, hummers and other large vehicles on the road. Most people I know are planning to vacation closer to home. I think people will find they turn the thermostat down a bit lower. Less flights due to the high cost of plane fare.What changes do you think we will have to make to our lifestyle due to the oil crisis?
stop being such a wasteful consumer. the cost of items skyrocket from demand of these items and the cost to get them to the shelves. wasting and endlessly consuming items adds to the crisis.
I've made a few changes. I now steal food and siphon gas from car lots.
we may have to move closer to our jobs.
What stocks to buy during oil crisis?
Hi there,
1. Which stocks will benefit from the current oil price crisis?
2. What stocks did well in the 1970s oil crisis?
Thanks~What stocks to buy during oil crisis?
It depends on your time frame, and some might say we've already been going thru such a crisis for the last few months, so the thinking is a little late, and usually , when your late, your wrong and will lose money in the market. But if you want to play under the assumption that oil may not continue a lot higher, but will not drop significantly either, so the price of oil will stay chronically high, here are a few things that have worked well in the past under similar circumstances.
1) You can strictly play oil, buy buying the ETF, USO, this tracks oil itself and is in a major uptrend.
2) Alternative energy plays such as solar, biodiesel. These don't have a history in the 70s, but a possibility here. Although the solar plays already have had big runs.
3) Short consumer discretionary, like retaurants(midrange) and transports like airlines.
4) Gold. Already has had a big run, but its a 'safe haven' in times of market turmoil, and has been trending with oil. You can buy GLD, the ETF that tracks Gold.What stocks to buy during oil crisis?
If you are really keen on investing in energy stocks, buy shares in a mutual fund or an ETF. This will greatly lower your risk by diversifying, rather than just trying to guess at individual stocks.
The Vanguard Energy ETF is an example.
Over the long run, however, there is a lot of evidence that you can get good returns at much lower risk by buying and holding index funds.
Most probably the energy stocks will gain. You can look at small cap and micro cap stocks.
Some of them:
EMVL (Quoted by Motley Fool as high performance stock that can double)
EENR
IPMN
I think we are looking at a bubble. Be careful.
When the big boys start to pull out don't be caught holding the bag.
buy natural gas stocks like CHK and APA
1. Which stocks will benefit from the current oil price crisis?
2. What stocks did well in the 1970s oil crisis?
Thanks~What stocks to buy during oil crisis?
It depends on your time frame, and some might say we've already been going thru such a crisis for the last few months, so the thinking is a little late, and usually , when your late, your wrong and will lose money in the market. But if you want to play under the assumption that oil may not continue a lot higher, but will not drop significantly either, so the price of oil will stay chronically high, here are a few things that have worked well in the past under similar circumstances.
1) You can strictly play oil, buy buying the ETF, USO, this tracks oil itself and is in a major uptrend.
2) Alternative energy plays such as solar, biodiesel. These don't have a history in the 70s, but a possibility here. Although the solar plays already have had big runs.
3) Short consumer discretionary, like retaurants(midrange) and transports like airlines.
4) Gold. Already has had a big run, but its a 'safe haven' in times of market turmoil, and has been trending with oil. You can buy GLD, the ETF that tracks Gold.What stocks to buy during oil crisis?
If you are really keen on investing in energy stocks, buy shares in a mutual fund or an ETF. This will greatly lower your risk by diversifying, rather than just trying to guess at individual stocks.
The Vanguard Energy ETF is an example.
Over the long run, however, there is a lot of evidence that you can get good returns at much lower risk by buying and holding index funds.
Most probably the energy stocks will gain. You can look at small cap and micro cap stocks.
Some of them:
EMVL (Quoted by Motley Fool as high performance stock that can double)
EENR
IPMN
I think we are looking at a bubble. Be careful.
When the big boys start to pull out don't be caught holding the bag.
buy natural gas stocks like CHK and APA
Why are we having an oil crisis now?
I was taught at my school that this wouldn't happen until 2040 or the very least 2030. Why are the gas prices so high now and why is the country heading for depression. There must have been something I missed because I don't know what's causing all this?
And if all of this is happening now, what will it be like in 2030 or in the next 50 years and so?Why are we having an oil crisis now?
Again, there is no oil supply crisis, we aren't runnign out of oil, or anything like that.
Watch the news. We aren't even in a recession yet, nevertheless near a depression. The housing bubble burst, combined, with a credit crunch, and high oil prices (due to a long-time in balance of refining capabilities and demand) is being corrected.
Oil is only expensive because of speculators.Why are we having an oil crisis now?
When wt says watch the news, he means Fox News. The right wing is denying that there's any problem. Everything's just great. Riiiiight.
One reason for the oil problems is that huge countries like India and China are consuming far more oil than ever before, and their need will continue to grow as those countries progress. The U.S. used to be able to get all the oil it wanted, and we were real hogs about it.
This is a matter of supply and demand, and there are political complications in the Middle East that contribute as well.
I'm wondering why they taught you those particular years in school. What was that based on?
Steve, you sound rather paranoid. Another Fox News viewer, I take it. Who, exactly, is creating this situation to ';help'; Obama? Do you remember how gas prices miraculously dropped prior to the 2006 Congressional and Senate races in an effort by the Republicans to keep control of both houses? It didn't work, but it's interesting how they got the prices down when they wanted to. I guess that's why you think someone's manupulating them now.
Edit: Devdog, I agree. This is what we get for having an oilman in the White House. The only answer is alternative fuel sources. Looking for more oil is like giving a junkie more heroin. You don't solve his problem; you just continue to feed it.
The critics will tell you that its do to increase in demand. Both China and India have greatly increased their demand for oil but this is not why we have a oil crisis.....heres why. Bush has created a false economy that is now imploding upon itself and causing the dollar to become weak. The Saudi's are simply demanding that we make up the difference in the weak American dollar by charging us the difference of a weak dollar .....
Heres how Bush created a false economy.
1. Tax cuts for the reach was created to give big business the incentive not to go over seas.....it was smart move but still dumb because the real answer was to add on a tax penalty for big business going over seas...why not...they have the tax cut incentive...why leave. Without the penalty to stop them, too many big business's went over seas, taking with them, countless good middle class jobs.
2. Bush damaged the middle class which is the backbone of the U.S economy and always has been. Why give the tax break to the rich. The rich took the money Bush gave them and added on to their business's. That means hundreds of thousands of 7 to 9 nine dollar a hour dead end jobs. Such a vast creation of low paying jobs circumvented the economy because the income brought in by these jobs cannot buy homes, cars, start business's and invest in big business....which turns the economy.
3. Because Bush is a big Oilman himself, he really has no interest in creating alternative fuels, which cements our dependency upon oil. Everytime the oil prices go up, Bush gets a bonus check because his stocks go up. Therefore, we forget that solar and nuclear fuel as well as other sources of fuel actually work if we would just invest the money.....
Nope this is all artificial trying to get Obama elected, it is not going to work.honda finance
And if all of this is happening now, what will it be like in 2030 or in the next 50 years and so?Why are we having an oil crisis now?
Again, there is no oil supply crisis, we aren't runnign out of oil, or anything like that.
Watch the news. We aren't even in a recession yet, nevertheless near a depression. The housing bubble burst, combined, with a credit crunch, and high oil prices (due to a long-time in balance of refining capabilities and demand) is being corrected.
Oil is only expensive because of speculators.Why are we having an oil crisis now?
When wt says watch the news, he means Fox News. The right wing is denying that there's any problem. Everything's just great. Riiiiight.
One reason for the oil problems is that huge countries like India and China are consuming far more oil than ever before, and their need will continue to grow as those countries progress. The U.S. used to be able to get all the oil it wanted, and we were real hogs about it.
This is a matter of supply and demand, and there are political complications in the Middle East that contribute as well.
I'm wondering why they taught you those particular years in school. What was that based on?
Steve, you sound rather paranoid. Another Fox News viewer, I take it. Who, exactly, is creating this situation to ';help'; Obama? Do you remember how gas prices miraculously dropped prior to the 2006 Congressional and Senate races in an effort by the Republicans to keep control of both houses? It didn't work, but it's interesting how they got the prices down when they wanted to. I guess that's why you think someone's manupulating them now.
Edit: Devdog, I agree. This is what we get for having an oilman in the White House. The only answer is alternative fuel sources. Looking for more oil is like giving a junkie more heroin. You don't solve his problem; you just continue to feed it.
The critics will tell you that its do to increase in demand. Both China and India have greatly increased their demand for oil but this is not why we have a oil crisis.....heres why. Bush has created a false economy that is now imploding upon itself and causing the dollar to become weak. The Saudi's are simply demanding that we make up the difference in the weak American dollar by charging us the difference of a weak dollar .....
Heres how Bush created a false economy.
1. Tax cuts for the reach was created to give big business the incentive not to go over seas.....it was smart move but still dumb because the real answer was to add on a tax penalty for big business going over seas...why not...they have the tax cut incentive...why leave. Without the penalty to stop them, too many big business's went over seas, taking with them, countless good middle class jobs.
2. Bush damaged the middle class which is the backbone of the U.S economy and always has been. Why give the tax break to the rich. The rich took the money Bush gave them and added on to their business's. That means hundreds of thousands of 7 to 9 nine dollar a hour dead end jobs. Such a vast creation of low paying jobs circumvented the economy because the income brought in by these jobs cannot buy homes, cars, start business's and invest in big business....which turns the economy.
3. Because Bush is a big Oilman himself, he really has no interest in creating alternative fuels, which cements our dependency upon oil. Everytime the oil prices go up, Bush gets a bonus check because his stocks go up. Therefore, we forget that solar and nuclear fuel as well as other sources of fuel actually work if we would just invest the money.....
Nope this is all artificial trying to get Obama elected, it is not going to work.
Will the war in Iraq bring another oil crisis?
Will the war in Iraq bring another oil crisis? Will the scene of the 1973 oil crisis happen again?Explain please.Will the war in Iraq bring another oil crisis?
It already has, thus the drastic and continuing increase in gas prices that happened when the invasion/liberation (depends on your point of view) of Iraq began. Whilst an increase was seen in 1973, but there was a much bigger one around 1980 (the Iran/Iraq war). There was also a sharp peak in 1991 (Gulf War).
I'm guessing that the 1973 link is intended to show that it's really the fault of the oil producing countries as the '73 oil 'crisis' was caused by an embargo by OAPEC as a reaction to the Yom Kippur War, but if you look at a graph of historical oil prices ( http://www.wtrg.com/oil_graphs/oilprice1鈥?/a> ), that was nothing compared to the price increases caused by war in the oil producing countries.
In summary: Current oil shortages caused by war, not embargo. The comparison to 1973 is invalid but yes, wars in major oil producing countries cause oil shortages. No surprise there.Will the war in Iraq bring another oil crisis?
WILL it bring another oil crisis my homework loving friend? search for oil price increases since 2002 on google; you'll see that oil is steadily rising in price ever since the invasion.....
Hmm, I smell another homework question
It already has, thus the drastic and continuing increase in gas prices that happened when the invasion/liberation (depends on your point of view) of Iraq began. Whilst an increase was seen in 1973, but there was a much bigger one around 1980 (the Iran/Iraq war). There was also a sharp peak in 1991 (Gulf War).
I'm guessing that the 1973 link is intended to show that it's really the fault of the oil producing countries as the '73 oil 'crisis' was caused by an embargo by OAPEC as a reaction to the Yom Kippur War, but if you look at a graph of historical oil prices ( http://www.wtrg.com/oil_graphs/oilprice1鈥?/a> ), that was nothing compared to the price increases caused by war in the oil producing countries.
In summary: Current oil shortages caused by war, not embargo. The comparison to 1973 is invalid but yes, wars in major oil producing countries cause oil shortages. No surprise there.Will the war in Iraq bring another oil crisis?
WILL it bring another oil crisis my homework loving friend? search for oil price increases since 2002 on google; you'll see that oil is steadily rising in price ever since the invasion.....
Hmm, I smell another homework question
What are the social effects of the ongoing energy crisis/oil crisis?
The Arabs have a monopoly on crude oil, and therefore have control over the prices. They are out to make money for themselves, which is totally understandable. Their want/need for money is what has finally made the energy/oil crisis come to the forefront of the news.
When the oil crisis hits do you think wind farms and solar panels will do the trick?
they say we have 40 years left in oil but they also warn that the reserves will slow down dramatically way before then, what will you think will happen if we are not prepared or have a viable alternativeWhen the oil crisis hits do you think wind farms and solar panels will do the trick?
wind farms are an eviromental nightmare, they kill thousands if not millions of migratory birdsWhen the oil crisis hits do you think wind farms and solar panels will do the trick?
haha,,solar panels,,couldn't possibly replace the demands and needs of ppl today,,their simply not powerful enough or cost effective,,the current solar panels of today can only convert like less than 10% or so of the solar energy they receive into useable electricity,,and the solar panels that convert a lil more than this cost well,,into the millions,,
as far as being prepared,,i guess if technology hasn't made any improvements by then we'll have to drive whats available to us now,, the hybrid vechicles and so forth,,
If you have been buying fuel for the last 2-30 yrs you would realize the fuel crisis has arrived. As it gets worse, wind farms and solar panel will help in select areas but as far as the entire world....well that's open for debate.
It could be as simple as survival for the strongest (lets hope not) or as many believe, new sources are ready for development but big business wants to sell all the oil for profit first. Time will Tell.
wind farms are an eviromental nightmare, they kill thousands if not millions of migratory birdsWhen the oil crisis hits do you think wind farms and solar panels will do the trick?
haha,,solar panels,,couldn't possibly replace the demands and needs of ppl today,,their simply not powerful enough or cost effective,,the current solar panels of today can only convert like less than 10% or so of the solar energy they receive into useable electricity,,and the solar panels that convert a lil more than this cost well,,into the millions,,
as far as being prepared,,i guess if technology hasn't made any improvements by then we'll have to drive whats available to us now,, the hybrid vechicles and so forth,,
If you have been buying fuel for the last 2-30 yrs you would realize the fuel crisis has arrived. As it gets worse, wind farms and solar panel will help in select areas but as far as the entire world....well that's open for debate.
It could be as simple as survival for the strongest (lets hope not) or as many believe, new sources are ready for development but big business wants to sell all the oil for profit first. Time will Tell.
Did you hear that McCains answer to the oil crisis is drilling off-shore?
Which shore is he suggesting? The Republicans have had their eyes on California for a long time. What do you think about that?Did you hear that McCains answer to the oil crisis is drilling off-shore?
Offshore drilling in Louisiana has resulted in tens of thousands of gallons of crude oil getting dumped into the Gulf of Mexico. When Republicans say that there was no major spillage after Katrina, they are lying - there were oil slicks miles long. No sensible person wants that mess off of their beaches and fishing grounds.Did you hear that McCains answer to the oil crisis is drilling off-shore?
Drilling will have no short term effect. Neither will T.Boone Pickens plan to divert natural gas to automobiles by replacing it with wind power. Both plans have a 10 year horizon. I say let's proceed with both!
The only immediate answer is for the government to rattle the speculators. Dump a ton of reserves on the market one day without warning, then buy everything in sight later, again without warning.
Anyone that thinks we will ever have cheap oil again is sadly mistaken. Burn the fingers of the speculators all you want, and I say we do, but we will still be left with increased demand for oil around the world and a shrinking dollar.
Edit:
News flash everyone. I live on the California Coast. We've been drilling here for years and years! Surfing and the beaches are still fun and the fishing is still good...
Edit:
Where do you live Stephen? I paid $4.38 to fill up yesterday. That is off from the high of $4.52, but only by 14 cents. That's a far cry from $1.89/gallon gasoline.
There are a lot of places off the coast of Florida that should be drilled off of by now! All those left-leaning environmentalists can shut up. The oil rigs won't affect the environment substantially and people at the beaches won't be able to see them. And it will lower gas prices by a lot. A lot of people on welfare and below the poverty line are liberals. And they want to be able to have cheap gas. So why are the liberals so against drilling off our own coasts?!
Wonderful. Bush only dropped the Presidential moratorium on drilling and the price dropped overnight and has been dropping ever since. That should tell you something. The world market reacted to just the thought of America drilling.
12 days ago the price of gas here was $4.05, today it is $3.68.
Oil is not only energy it is world power. Russia, China, Venezuela, Iran, even Cuba have all learned that Oil is power.
Russia Blackmails Poland and most of Europe with its ability to turn off or turn on oil. This is power used in the UN and power over NATO alliances.
China understands its value and is pursuing it around the globe. Why don`t we rescue Darfur, it would be so easy? Because the area in question is China`s private Gas station.
Venezuela Laughs as it gives New Englanders who sign up free heating oil. That is power that says I am stronger than your own President.
Iran can at any time cut off the Strait of Hormuz. This makes them so powerful they can at will threaten the world with Holocaust. Thats power!
Cuba figured this power thing out and is drilling 60 miles off the Florida coast. Who is the major contractor working for them? CHINA.
The Leftist in our country are working as hard as they can to make sure we are powerless. So we have to grovel at the feet of our enemies and make them stronger for energy we already have.
We are and have been seeking alternatives but we don`t have them yet.
Perfect. Since Bush agreed to void the executive order on drilling didn't you see your gas prices go down? Mine went down 40 cents! This would be a good thing.
And the Governor of California has no standing against the President in the matter. National government always trumps state government.
I think if we need or want more oil instead of buying 700 billion dollars worth a year (4 times the cost of the Iraq war) from our enemies we should find our own. It doesn't have to be shipped over water. Don't look now but that's a savings. Just figure out the cost of carrying goods on a ship. That's never going to be nothing. We have to buy gasoline or diesel fuel now if we want to drive to work so unless we aren't going to work until someone comes up with a feasible solution to replace oil we'd better fuel up like we have been.
Just the mention of drilling and a slight reduction in US demand has dropped the price of a barrel of oil by 15-20 dollars a barrel, doesn't anybody understand price speculation?
Yes, drill of California but the oil should stay in California ....for Californians. we are tired of supporting the Red states. run your cars on moonshine. That's all you are good at producing.
Wonderful! Actually the governor of FL has granted permission to drill offshore there. But....... just the thought of making Pelosi go madder (than she already is), I would love drilling off of the CA shore.
i think you havent read the news and are making a typical liberal whine type assumption..as NOWHERE does it say california, your question/rant makes no sense. whats the liberal alternative...DEPEND ON THE SAUDIS?
As an environmentalist, I think anyone who wishes to drill wherever they can is an idiot. I didn't hear what he said, but people should really investigate in alternative fuels.
The guy's an idiot, but an amusing idiot. I'll miss him after the election.
Yes.
McCain is finally getting some intelligence.
Obama will never have any.
Drill wherever oil is. Off of CA: great. We also have oil off of Florida in the Gulf.
and the governor of California have said no to McCain
hahhaha Iguana, your so funny
But never the less priceless
I think it's pretty cool.
Drill here, drill now, pay less!!
Offshore drilling in Louisiana has resulted in tens of thousands of gallons of crude oil getting dumped into the Gulf of Mexico. When Republicans say that there was no major spillage after Katrina, they are lying - there were oil slicks miles long. No sensible person wants that mess off of their beaches and fishing grounds.Did you hear that McCains answer to the oil crisis is drilling off-shore?
Drilling will have no short term effect. Neither will T.Boone Pickens plan to divert natural gas to automobiles by replacing it with wind power. Both plans have a 10 year horizon. I say let's proceed with both!
The only immediate answer is for the government to rattle the speculators. Dump a ton of reserves on the market one day without warning, then buy everything in sight later, again without warning.
Anyone that thinks we will ever have cheap oil again is sadly mistaken. Burn the fingers of the speculators all you want, and I say we do, but we will still be left with increased demand for oil around the world and a shrinking dollar.
Edit:
News flash everyone. I live on the California Coast. We've been drilling here for years and years! Surfing and the beaches are still fun and the fishing is still good...
Edit:
Where do you live Stephen? I paid $4.38 to fill up yesterday. That is off from the high of $4.52, but only by 14 cents. That's a far cry from $1.89/gallon gasoline.
There are a lot of places off the coast of Florida that should be drilled off of by now! All those left-leaning environmentalists can shut up. The oil rigs won't affect the environment substantially and people at the beaches won't be able to see them. And it will lower gas prices by a lot. A lot of people on welfare and below the poverty line are liberals. And they want to be able to have cheap gas. So why are the liberals so against drilling off our own coasts?!
Wonderful. Bush only dropped the Presidential moratorium on drilling and the price dropped overnight and has been dropping ever since. That should tell you something. The world market reacted to just the thought of America drilling.
12 days ago the price of gas here was $4.05, today it is $3.68.
Oil is not only energy it is world power. Russia, China, Venezuela, Iran, even Cuba have all learned that Oil is power.
Russia Blackmails Poland and most of Europe with its ability to turn off or turn on oil. This is power used in the UN and power over NATO alliances.
China understands its value and is pursuing it around the globe. Why don`t we rescue Darfur, it would be so easy? Because the area in question is China`s private Gas station.
Venezuela Laughs as it gives New Englanders who sign up free heating oil. That is power that says I am stronger than your own President.
Iran can at any time cut off the Strait of Hormuz. This makes them so powerful they can at will threaten the world with Holocaust. Thats power!
Cuba figured this power thing out and is drilling 60 miles off the Florida coast. Who is the major contractor working for them? CHINA.
The Leftist in our country are working as hard as they can to make sure we are powerless. So we have to grovel at the feet of our enemies and make them stronger for energy we already have.
We are and have been seeking alternatives but we don`t have them yet.
Perfect. Since Bush agreed to void the executive order on drilling didn't you see your gas prices go down? Mine went down 40 cents! This would be a good thing.
And the Governor of California has no standing against the President in the matter. National government always trumps state government.
I think if we need or want more oil instead of buying 700 billion dollars worth a year (4 times the cost of the Iraq war) from our enemies we should find our own. It doesn't have to be shipped over water. Don't look now but that's a savings. Just figure out the cost of carrying goods on a ship. That's never going to be nothing. We have to buy gasoline or diesel fuel now if we want to drive to work so unless we aren't going to work until someone comes up with a feasible solution to replace oil we'd better fuel up like we have been.
Just the mention of drilling and a slight reduction in US demand has dropped the price of a barrel of oil by 15-20 dollars a barrel, doesn't anybody understand price speculation?
Yes, drill of California but the oil should stay in California ....for Californians. we are tired of supporting the Red states. run your cars on moonshine. That's all you are good at producing.
Wonderful! Actually the governor of FL has granted permission to drill offshore there. But....... just the thought of making Pelosi go madder (than she already is), I would love drilling off of the CA shore.
i think you havent read the news and are making a typical liberal whine type assumption..as NOWHERE does it say california, your question/rant makes no sense. whats the liberal alternative...DEPEND ON THE SAUDIS?
As an environmentalist, I think anyone who wishes to drill wherever they can is an idiot. I didn't hear what he said, but people should really investigate in alternative fuels.
The guy's an idiot, but an amusing idiot. I'll miss him after the election.
Yes.
McCain is finally getting some intelligence.
Obama will never have any.
Drill wherever oil is. Off of CA: great. We also have oil off of Florida in the Gulf.
and the governor of California have said no to McCain
hahhaha Iguana, your so funny
But never the less priceless
I think it's pretty cool.
Drill here, drill now, pay less!!
I have a way to end the oil crisis.oil from the faces of pimply teenagers?
theres a bunch,and it would also dry up ther skin and rid there face of zits.what do you think?I have a way to end the oil crisis.oil from the faces of pimply teenagers?
If it's washing your face with sea salt and water, I would say you have a winner.
A guy selling the stuff at the mall insisted on washing my hands in salt from The Dead Sea and it dried up my hands SO badly, they peeled for 3 days!
I could have killed him. He wouldn't take ';No' for an answer.
Yup. That would dry up a face fast!I have a way to end the oil crisis.oil from the faces of pimply teenagers?
um proactive works what's your solution?
If it's washing your face with sea salt and water, I would say you have a winner.
A guy selling the stuff at the mall insisted on washing my hands in salt from The Dead Sea and it dried up my hands SO badly, they peeled for 3 days!
I could have killed him. He wouldn't take ';No' for an answer.
Yup. That would dry up a face fast!I have a way to end the oil crisis.oil from the faces of pimply teenagers?
um proactive works what's your solution?
What is the cause of oil crisis today?
2nd Q,
Are there any relationship between oil depletion and production of oil? Can you give example?What is the cause of oil crisis today?
Actually there are several reasons why the price of gasoline are growing this high at this point in time.
First and most importantly the weak dollar. Our currency has grown so weak over the past year, that countries like Brazil, India and others no longer accept it!!! This means that we need more US dollars to pay for the same amount of oil
as somebody in EU. This cost gets passed on to the consumer.
Second, oil producing countries set quota's for output IN ADVANCE of actual usage. So what they try and do is predict how much oil will be needed by the oil a few months from now, and then plan for that amount of output. If the world actually needs more than we see a hike in prices. If they over shoot their estimates we still pay alot!
Third, oil is traded on the stock markets around the world. Investors pay per barrell and depending on the extremely sensitive feelers of the traders, oil can get priced extremely
high because of world conditions.
Hope this helps.
But having said all that....it still is imperative to do all we can to conserve energy. Reducing our use of oil, gas, natural gas...etc only helps to strengthen our economy and reduce pollution, which regardless of your feelings on global warming.....pollution is pollution. Burning oil, coal or gas unnecessarily is a bad as throwing your plastic bottles into the street and dumping chemicals down the drain or into a river..Pollution is Pollution...plain and simple.What is the cause of oil crisis today?
The oil problem is that some think that we are about to run out. The plants take in the CO2 and give us back the O2 and keeps the C, which it converts to oil %26amp; Gas.
Yes. More people are using it and the rate of discovery is declining, I'm told. China, in particular, is using ever more cars.
OPEC is refusing to increase production; so,with demand increasing, prices are rising. That doesn't explain all of it. The rest is the dollar's decrease in value.
Oil prices are up primarily because of the weak dollar.
Oil prices are quoted in dollars, you see.
Gold prices are up even further.
Could we explore and drill more? Yes. More importantly we could expand our capacity to refine heavy and sour grades of crude, the price of which does not go up in lockstep with higher grades.
Supply and demand was the factor from mid-'04 through mid-'06 but between '02 and mid-'04, and since mid-'06, it's almost entirely the weak dollar.
oil depletion? we have enough oil in the usa to keep us going just fine, but some brilliant bureaucrat decided that we needed to be neck high in OPEC's poopoo.
It's the lack of political will to get the oil. The amount of oil discovered in the last 5 years exceeds the amount found in the 25 years before that.
Politicians are keeping the price of oil high as a way to subsidize alternative energy, as higher oil prices makes the cost of investing in new technology look more profitable.
power, control, and greed
There is no oil crisis, there is an oil price crisis. The oil supply is not in danger any time soon. The oil prices are a reflection of the current political situations throughout the world, coupled with the massively increasing usage in developing countries and China.honda finance
Are there any relationship between oil depletion and production of oil? Can you give example?What is the cause of oil crisis today?
Actually there are several reasons why the price of gasoline are growing this high at this point in time.
First and most importantly the weak dollar. Our currency has grown so weak over the past year, that countries like Brazil, India and others no longer accept it!!! This means that we need more US dollars to pay for the same amount of oil
as somebody in EU. This cost gets passed on to the consumer.
Second, oil producing countries set quota's for output IN ADVANCE of actual usage. So what they try and do is predict how much oil will be needed by the oil a few months from now, and then plan for that amount of output. If the world actually needs more than we see a hike in prices. If they over shoot their estimates we still pay alot!
Third, oil is traded on the stock markets around the world. Investors pay per barrell and depending on the extremely sensitive feelers of the traders, oil can get priced extremely
high because of world conditions.
Hope this helps.
But having said all that....it still is imperative to do all we can to conserve energy. Reducing our use of oil, gas, natural gas...etc only helps to strengthen our economy and reduce pollution, which regardless of your feelings on global warming.....pollution is pollution. Burning oil, coal or gas unnecessarily is a bad as throwing your plastic bottles into the street and dumping chemicals down the drain or into a river..Pollution is Pollution...plain and simple.What is the cause of oil crisis today?
The oil problem is that some think that we are about to run out. The plants take in the CO2 and give us back the O2 and keeps the C, which it converts to oil %26amp; Gas.
Yes. More people are using it and the rate of discovery is declining, I'm told. China, in particular, is using ever more cars.
OPEC is refusing to increase production; so,with demand increasing, prices are rising. That doesn't explain all of it. The rest is the dollar's decrease in value.
Oil prices are up primarily because of the weak dollar.
Oil prices are quoted in dollars, you see.
Gold prices are up even further.
Could we explore and drill more? Yes. More importantly we could expand our capacity to refine heavy and sour grades of crude, the price of which does not go up in lockstep with higher grades.
Supply and demand was the factor from mid-'04 through mid-'06 but between '02 and mid-'04, and since mid-'06, it's almost entirely the weak dollar.
oil depletion? we have enough oil in the usa to keep us going just fine, but some brilliant bureaucrat decided that we needed to be neck high in OPEC's poopoo.
It's the lack of political will to get the oil. The amount of oil discovered in the last 5 years exceeds the amount found in the 25 years before that.
Politicians are keeping the price of oil high as a way to subsidize alternative energy, as higher oil prices makes the cost of investing in new technology look more profitable.
power, control, and greed
There is no oil crisis, there is an oil price crisis. The oil supply is not in danger any time soon. The oil prices are a reflection of the current political situations throughout the world, coupled with the massively increasing usage in developing countries and China.
Creative Title for essay on the 2008 Oil Crisis for Ford Freedom Contest?
The title needs to be creative, and has to do with the 2008 Oil Crisis. The best fastest title will recieve ten points, thanks!Creative Title for essay on the 2008 Oil Crisis for Ford Freedom Contest?
got oil?
got oil?
Did the US government risk its economy to help Israel during the 1973 oil crisis?
Yeah, I remember some sh!t about Esso saying we should knuckle under to the Arab countries and cut support for Israel. It went over like a lead balloon. Typical self-interested crapitalist pig.Did the US government risk its economy to help Israel during the 1973 oil crisis?
no matter how it the truth be, as that year, the result of oil crisis didnt effect the worldwide like today, in that situation ,the US government as the super nation and the statu after the war,indeed needs some action to keep relationship for mutural.Did the US government risk its economy to help Israel during the 1973 oil crisis?
America went to the wall for Israel in 1973 to the point where Nixon was actually shipping weapons and preparing to send US troops to help them out.
The oil crisis was caused by an Arab oil embargo AFTER the war to punish America for its involvement.
The answer is yes.
Two logical truths:
Human beings who group together and call themselves government do not have the authority to control the peaceful, honest, voluntary actions of other adult human beings.
Taxation is theft.
CHANGE you believe in
yes we can!!
no matter how it the truth be, as that year, the result of oil crisis didnt effect the worldwide like today, in that situation ,the US government as the super nation and the statu after the war,indeed needs some action to keep relationship for mutural.Did the US government risk its economy to help Israel during the 1973 oil crisis?
America went to the wall for Israel in 1973 to the point where Nixon was actually shipping weapons and preparing to send US troops to help them out.
The oil crisis was caused by an Arab oil embargo AFTER the war to punish America for its involvement.
The answer is yes.
Two logical truths:
Human beings who group together and call themselves government do not have the authority to control the peaceful, honest, voluntary actions of other adult human beings.
Taxation is theft.
CHANGE you believe in
yes we can!!
What monkey is calling the shots in regards to this oil crisis thing?
I heard on the news this evening, we're looking at a price hike of 30 cents for regular gas by mid April. Yet, there is no signs of any production increase anytime before this happens.
Anyone else kind of wondering what is going to happen?What monkey is calling the shots in regards to this oil crisis thing?
I am starting to believe that the planet of the apes is upon us.What monkey is calling the shots in regards to this oil crisis thing?
Doncha love it?
I drive a 10 year old Explorer that's paid for-- and get 25 MPG, but even that seems too little for the price of gas lately...
But I can't afford a new vehicle right now. Its sucks.
(((Andy)))
Unfortunately, it isn't monkeys. It is greedy, greedy people. They know we will pay and so they take advantage.
Ya gotta cut your dependance on foreign crude oil its as simple as that and also invest in hydrogen fuel cell technology and bring the EVA-1 back .In Europe they pay 2.40 per litre for petrol in Australia it's 1.40 and the U.S.A. 80 cents per litre (so it could go up by more than 300% in a few years, frightening?)
That would be a Bush monkey. I know what will happen, we will pay dearly until another president is elected.
The greedy snakes who run the oil companies are behind it all. I also agree with Kris. Let's hope the country isn't ruined by the time we get that IDIOT out of the white house.
Anyone else kind of wondering what is going to happen?What monkey is calling the shots in regards to this oil crisis thing?
I am starting to believe that the planet of the apes is upon us.What monkey is calling the shots in regards to this oil crisis thing?
Doncha love it?
I drive a 10 year old Explorer that's paid for-- and get 25 MPG, but even that seems too little for the price of gas lately...
But I can't afford a new vehicle right now. Its sucks.
(((Andy)))
Unfortunately, it isn't monkeys. It is greedy, greedy people. They know we will pay and so they take advantage.
Ya gotta cut your dependance on foreign crude oil its as simple as that and also invest in hydrogen fuel cell technology and bring the EVA-1 back .In Europe they pay 2.40 per litre for petrol in Australia it's 1.40 and the U.S.A. 80 cents per litre (so it could go up by more than 300% in a few years, frightening?)
That would be a Bush monkey. I know what will happen, we will pay dearly until another president is elected.
The greedy snakes who run the oil companies are behind it all. I also agree with Kris. Let's hope the country isn't ruined by the time we get that IDIOT out of the white house.
How did the 1973 oil crisis affect america and other countries?
after the yom kippur war. arabs raised the price of oil to countries supporting israel by 70% how did this affect the usa and other countries? please help im really stuck on this topic. (:How did the 1973 oil crisis affect america and other countries?
To combat the higher prices of imported oil, the US govt set out to raise US domestic prices, or said differently, raise the level of inflation. It鈥檚 critical to understand this relationship of where the goods and sources of pricing originate. It鈥檚 an open economy. The price of oil is set by OPEC and imported into the US. There is nothing on the supply/demand side the US could do (in the short run) so they have to take the price. It would be different in a closed economy and absent a monopoly, where an increased price would lower demand and thus equilibrium forces would push the price back down.
So with limited options, the US govt used just about the only tool they had, that is the printing presses of the Treasury. They flooded the economy with money using fiscal policy and govt spending as the means to carry that money to the markets. They created enormous inflation which had the effect of lowering the relative price of oil. Think of it like this (these are made up numbers used to illustrate a point) - a barrel of oil cost $10 anywhere in the world. In the US, $1 buys a loaf of bread. So oil to bread is 10:1. Then the oil crisis hits and raises oil to $20 on the world market but in the US, a loaf of bread still cost $1. Oil to bread is now 20:1. So oil effectively doubled in price relative to all other goods. After a couple years of inflationary policy, the barrel of oil still cost $20 but now the loaf of bread cost $2. This essentially wiped out the price increase. The new oil to bread ratio is once again 10:1. Sure, the level was higher, but the ratio of bread to oil was back in line and so purchasing power was returned to pre-crisis levels.
But inflation is a dangerous tool. Look no further than Mexico or Argentina or Brazil or Russia or ... for their inflation problems. By most accounts, this inflation caused the 80-81 recession. Its not so much the level of inflation that is bad, but rather the expectation for the future level. Jimmy Carter, the president who oversaw this program was demonized by the Republican Party for excessive spending and became the poster child for out of control govt spending. The Republcian machine scared America into thinking that inflation would never end while Carter was in office because he would keep spending frivously. This allowed Ronald Reagan and the Republicans to sweep to power in the Reagan Revolution in the 1980 election. Once in power, and with the help of Paul Volker at the Fed, the govt switched from using fiscal policy to monetary policy, ie interest rates. This put the market at ease because it got everyone's expectation of inflation to a more rational level. Within a couple years, inflation was back in check and the biggest bull market since WWII was under way.How did the 1973 oil crisis affect america and other countries?
There were long lines and rationing at the filling station. It was one of the first times oil was used as a geopolitical weapon besides World War II. It also served notice that cheap gas may be a thing of the past.It altered the types of cars that could be sold in the United States. For example, 1976 Datsun (Japanese import) got 50 miles per gallon when Detroit was saying ';it wasn't possible. '; . Detroit had to regear, rethink, because the 208Z was sporty and the cars made by Japan were high quality. Saudi Arabia -a friend of the U.S. -mitigated this effect somewhat by holding the line on oil prices and producing more oil. Also, drilling in Alaska and the pipeline construction started not long afterward. That's sorta an outline. The pipeline was completed in 1977 and has pumped 15 Billion barrels.
It allowed the Japs with their smaller more economic engines to gain a foothold in the US and across the rest of the globe.
This then impacted upon local car manufacturing and ultimately lead to the collapse of that once great car city Detroit which is still in ruins today.
After this they decided never again, and as a result America now enters into any conflict it can where Oil is involved to effectively take over the control and supply of it. See Iraq, Afganistan(Pipelines from Middle East to China).
Although you will hear it said that they went in for stability and democracy, if that was true then when not sort out Isreal, Zimbabwa, and a whole host of other tin pot dictatorships?
To combat the higher prices of imported oil, the US govt set out to raise US domestic prices, or said differently, raise the level of inflation. It鈥檚 critical to understand this relationship of where the goods and sources of pricing originate. It鈥檚 an open economy. The price of oil is set by OPEC and imported into the US. There is nothing on the supply/demand side the US could do (in the short run) so they have to take the price. It would be different in a closed economy and absent a monopoly, where an increased price would lower demand and thus equilibrium forces would push the price back down.
So with limited options, the US govt used just about the only tool they had, that is the printing presses of the Treasury. They flooded the economy with money using fiscal policy and govt spending as the means to carry that money to the markets. They created enormous inflation which had the effect of lowering the relative price of oil. Think of it like this (these are made up numbers used to illustrate a point) - a barrel of oil cost $10 anywhere in the world. In the US, $1 buys a loaf of bread. So oil to bread is 10:1. Then the oil crisis hits and raises oil to $20 on the world market but in the US, a loaf of bread still cost $1. Oil to bread is now 20:1. So oil effectively doubled in price relative to all other goods. After a couple years of inflationary policy, the barrel of oil still cost $20 but now the loaf of bread cost $2. This essentially wiped out the price increase. The new oil to bread ratio is once again 10:1. Sure, the level was higher, but the ratio of bread to oil was back in line and so purchasing power was returned to pre-crisis levels.
But inflation is a dangerous tool. Look no further than Mexico or Argentina or Brazil or Russia or ... for their inflation problems. By most accounts, this inflation caused the 80-81 recession. Its not so much the level of inflation that is bad, but rather the expectation for the future level. Jimmy Carter, the president who oversaw this program was demonized by the Republican Party for excessive spending and became the poster child for out of control govt spending. The Republcian machine scared America into thinking that inflation would never end while Carter was in office because he would keep spending frivously. This allowed Ronald Reagan and the Republicans to sweep to power in the Reagan Revolution in the 1980 election. Once in power, and with the help of Paul Volker at the Fed, the govt switched from using fiscal policy to monetary policy, ie interest rates. This put the market at ease because it got everyone's expectation of inflation to a more rational level. Within a couple years, inflation was back in check and the biggest bull market since WWII was under way.How did the 1973 oil crisis affect america and other countries?
There were long lines and rationing at the filling station. It was one of the first times oil was used as a geopolitical weapon besides World War II. It also served notice that cheap gas may be a thing of the past.It altered the types of cars that could be sold in the United States. For example, 1976 Datsun (Japanese import) got 50 miles per gallon when Detroit was saying ';it wasn't possible. '; . Detroit had to regear, rethink, because the 208Z was sporty and the cars made by Japan were high quality. Saudi Arabia -a friend of the U.S. -mitigated this effect somewhat by holding the line on oil prices and producing more oil. Also, drilling in Alaska and the pipeline construction started not long afterward. That's sorta an outline. The pipeline was completed in 1977 and has pumped 15 Billion barrels.
It allowed the Japs with their smaller more economic engines to gain a foothold in the US and across the rest of the globe.
This then impacted upon local car manufacturing and ultimately lead to the collapse of that once great car city Detroit which is still in ruins today.
After this they decided never again, and as a result America now enters into any conflict it can where Oil is involved to effectively take over the control and supply of it. See Iraq, Afganistan(Pipelines from Middle East to China).
Although you will hear it said that they went in for stability and democracy, if that was true then when not sort out Isreal, Zimbabwa, and a whole host of other tin pot dictatorships?
What are possible actions to avert Oil Crisis In India?
We are fast approaching towards exhorbitant Oil Price due to Global Oil shortage.
Viewers are requested to suggest all possible measures to minimize the impact of oil crisisWhat are possible actions to avert Oil Crisis In India?
To me, the most efficient and feasible solution is using nuclear energy to create hydrogen for use in hydrogen powered automobiles.
Viewers are requested to suggest all possible measures to minimize the impact of oil crisisWhat are possible actions to avert Oil Crisis In India?
To me, the most efficient and feasible solution is using nuclear energy to create hydrogen for use in hydrogen powered automobiles.
Would expanding oil production in the gulf of Mexico help with the oil crisis?
I would think it would be a good idea, but Obama opposes this and I wondered if there was a good reason.Would expanding oil production in the gulf of Mexico help with the oil crisis?
With OIL prices at 120 dollars a barrel and no reasonable alternatives available in next 10 years--we are idiots for not drilling every where we can ----
The Chinese and Cubans are drilling off our continental shelf.
YET we sit here and worry about US COMPANIES polluting our beaches--Try getting China to pay for cleanups along the FLORIDA COAST!
ANWAR is the size of South Carolina and the oil companies want a few thousand acres to explore and bring on line---yet we balk at the destruction of the pristine MISQUOTE breeding grounds and making ELK walk another few hundreds yards across frozen tundra to go around a drilling rig!--And the oil companies will spend their money--hire American workers and pay taxes for the OIL they pull out!
We limit import of Sugar base ethanol from Brazil to keep the farmers in IOWA happy so we can pay for corn based ethanol--which cost as much in energy to produce as we get out of it.---Sugar based ethanol gives up six time the energy it cost to make.
ULTIMATELY--I think we need to go NUKE and use BiODIESEL( algae based Bio-Diesel has the ability to move us off petroleum as a whole.) ---Solar and wind if they can be done competitively with other energy --without Government subsidies.
Anybody who thinks DRILLING IN ANWAR is a bad IDEA is just WRONG.---Even if it only gets ONE BARREL of OIL out of the ground in ten years---it will at least get ONE BARREL OUT!--and it's not your money--It's EXXON'S--and they think it is worth it!--so let them go!
Just remember---other countries are using up those resources off shore and building up their economies and secure thier energy needs---WHILE the US sits on it's butt watching those countries gobble up all the prime energy sources--WE ARE JUST IDIOTS for letting them do this!Would expanding oil production in the gulf of Mexico help with the oil crisis?
Drilling in the Gulf of Mexico and ANWR would take at least 10 years + to produce anything, and even at the BEST estimates all the reserves would be used up 10 years after that.
So in the long term it is utterly pointless, we should spend our money developing other sources of energy completely.
Not really.
The oil crisis is not going away.
The only hope is getting the oil men out of government and putting all our attention into conservation and alternative energy development.
But of course Republicans refuse to understand this, Republicans run the country, and so: the energy crisis is not going away.
Human stupidity is amazing.
yes but as with all things oil doesn't become gasoline until it is refined and we can't refine more oil. mr doodles
Yes, in the long run it would. We also have to build new refineries and nuclear reactors. There is no quick fix, but we have to start soon.
There are many off shore rigs out there that they could work with to go other directions in search for other veins. I have no idea why Obama would oppose it. Except for the fact we are short on refineries that take the crude and make it into usable fuel. I do believe we need more refineries. The ones we have are old and working at full capacity.
In the short term, no. In the long term, yes. And not just the gulf of Mexico. We should also be drilling in ANWR in Alaska, and off both coasts.
Increasing domestic oil supply should be incredibly obvious as a necessary thing, yet the Dems in Congress have been fighting it for decades. We'd have all that oil pumping and in our supply now if not for them.
Keijer down below gave a fantastic answer. Great job!
Ecology and violation of Mexican sovereignity. US can't make that decision. So my answer is NO!honda finance
With OIL prices at 120 dollars a barrel and no reasonable alternatives available in next 10 years--we are idiots for not drilling every where we can ----
The Chinese and Cubans are drilling off our continental shelf.
YET we sit here and worry about US COMPANIES polluting our beaches--Try getting China to pay for cleanups along the FLORIDA COAST!
ANWAR is the size of South Carolina and the oil companies want a few thousand acres to explore and bring on line---yet we balk at the destruction of the pristine MISQUOTE breeding grounds and making ELK walk another few hundreds yards across frozen tundra to go around a drilling rig!--And the oil companies will spend their money--hire American workers and pay taxes for the OIL they pull out!
We limit import of Sugar base ethanol from Brazil to keep the farmers in IOWA happy so we can pay for corn based ethanol--which cost as much in energy to produce as we get out of it.---Sugar based ethanol gives up six time the energy it cost to make.
ULTIMATELY--I think we need to go NUKE and use BiODIESEL( algae based Bio-Diesel has the ability to move us off petroleum as a whole.) ---Solar and wind if they can be done competitively with other energy --without Government subsidies.
Anybody who thinks DRILLING IN ANWAR is a bad IDEA is just WRONG.---Even if it only gets ONE BARREL of OIL out of the ground in ten years---it will at least get ONE BARREL OUT!--and it's not your money--It's EXXON'S--and they think it is worth it!--so let them go!
Just remember---other countries are using up those resources off shore and building up their economies and secure thier energy needs---WHILE the US sits on it's butt watching those countries gobble up all the prime energy sources--WE ARE JUST IDIOTS for letting them do this!Would expanding oil production in the gulf of Mexico help with the oil crisis?
Drilling in the Gulf of Mexico and ANWR would take at least 10 years + to produce anything, and even at the BEST estimates all the reserves would be used up 10 years after that.
So in the long term it is utterly pointless, we should spend our money developing other sources of energy completely.
Not really.
The oil crisis is not going away.
The only hope is getting the oil men out of government and putting all our attention into conservation and alternative energy development.
But of course Republicans refuse to understand this, Republicans run the country, and so: the energy crisis is not going away.
Human stupidity is amazing.
yes but as with all things oil doesn't become gasoline until it is refined and we can't refine more oil. mr doodles
Yes, in the long run it would. We also have to build new refineries and nuclear reactors. There is no quick fix, but we have to start soon.
There are many off shore rigs out there that they could work with to go other directions in search for other veins. I have no idea why Obama would oppose it. Except for the fact we are short on refineries that take the crude and make it into usable fuel. I do believe we need more refineries. The ones we have are old and working at full capacity.
In the short term, no. In the long term, yes. And not just the gulf of Mexico. We should also be drilling in ANWR in Alaska, and off both coasts.
Increasing domestic oil supply should be incredibly obvious as a necessary thing, yet the Dems in Congress have been fighting it for decades. We'd have all that oil pumping and in our supply now if not for them.
Keijer down below gave a fantastic answer. Great job!
Ecology and violation of Mexican sovereignity. US can't make that decision. So my answer is NO!
Oil crisis. Should 30 and 40 MPH speed limits be suspended to allow cars to drive more efficiently?
The most fuel efficient speed for a car is 56 MPH. So to reduce the impact on the environment and reduce the impact of the oil crisis should these low limits of 20, 30, and 40, not to mention 50 MPH be lifted to allow drivers to achieve these savings.
As long as they can do so safely, but then that's a given.Oil crisis. Should 30 and 40 MPH speed limits be suspended to allow cars to drive more efficiently?
In a perfect world( or 40 years ago), i would agree, there should be no speed limits anywhere. If all drivers had common sense, safety would be paramount. it is sad we must be governed for the sake of those that have no respect for safe motoring.Oil crisis. Should 30 and 40 MPH speed limits be suspended to allow cars to drive more efficiently?
I have a better idea. Oil has caused us endless problems, pollution, wars, etc. The best thing would be for it to be gone so we can move onto something else. Like electric. Heres my idea:
Pump it out as fast as possible
Drop the prices
And encourage people go go utterly nuts with their car.
Lets see how fast we can get rid of it! Then we can have an excuse for developing electric cars quickly.
No. Most of the low speeds are in residential areas or in city downtowns. With all of the careless driving in cities, adding speed will cause more accidents and then what? Besides, who can even go that fast on the hwy during rush hour? You cannot assume safety. When you assume you make an *** out of u and me.
Unfortunately, most lower speed limit areas are residential streets where children are present.
So your idea is not feasible. I wouldn't want to risk our children's safety for fuel economy.
cargo-http://omlogistics.in/
As long as they can do so safely, but then that's a given.Oil crisis. Should 30 and 40 MPH speed limits be suspended to allow cars to drive more efficiently?
In a perfect world( or 40 years ago), i would agree, there should be no speed limits anywhere. If all drivers had common sense, safety would be paramount. it is sad we must be governed for the sake of those that have no respect for safe motoring.Oil crisis. Should 30 and 40 MPH speed limits be suspended to allow cars to drive more efficiently?
I have a better idea. Oil has caused us endless problems, pollution, wars, etc. The best thing would be for it to be gone so we can move onto something else. Like electric. Heres my idea:
Pump it out as fast as possible
Drop the prices
And encourage people go go utterly nuts with their car.
Lets see how fast we can get rid of it! Then we can have an excuse for developing electric cars quickly.
No. Most of the low speeds are in residential areas or in city downtowns. With all of the careless driving in cities, adding speed will cause more accidents and then what? Besides, who can even go that fast on the hwy during rush hour? You cannot assume safety. When you assume you make an *** out of u and me.
Unfortunately, most lower speed limit areas are residential streets where children are present.
So your idea is not feasible. I wouldn't want to risk our children's safety for fuel economy.
cargo-http://omlogistics.in/
How much did gas cost during the oil crisis during the 70s?
ummm, sorry, but Mark has it all wrong. Clayton is more correct at .40 per gallon. This was when people were lining up with gas cans, and pushing their cars, stuck in long lines for blocks down the street, waiting to get it at .02 cheaper than the station down the street. I remember saying to myself that I refused to pay more than $7.00 to fill my tank. Then, I said to myself, no more than $10 for a fill-up (now we are in the 80's), then $20 (for in the 90's). Now, I've given up and I'm buying a bicycle since it now costs me over $40 to fill my tank.How much did gas cost during the oil crisis during the 70s?
I remember my Dad complaining when it was up to .36 cents a gallon in '72 before the 1st oil crisis, then came the crunch of '73 when we backed Israel in their war of occupation and the Arabs found out just how dependent we were on their oil, it went up to .75 cents a gallon and stayed up for years ending up around a buck a gallon before the next crisis caused by the fall of the Shah of Iran in '79 when it went up still further until the oil market stabilized and prices fell (allowing for inflation) up to the Gulf war in '91. Bush 1 then cuckolded Saddam which brought OPEC under our thumbs keeping the 90's prices down to less than the 60's (allowing for inflation) creating the feel good factor so undeserved for the Clintons.
Bush 1's idiot son's idiot advisers failed to understand how the oil market had been brought under control and subsequently threw all that away precipitating Gulf War 2 the great folly we have had since.How much did gas cost during the oil crisis during the 70s?
$.40 yes Forty cents per gallon.
only u batter knowing lol.
I remember my Dad complaining when it was up to .36 cents a gallon in '72 before the 1st oil crisis, then came the crunch of '73 when we backed Israel in their war of occupation and the Arabs found out just how dependent we were on their oil, it went up to .75 cents a gallon and stayed up for years ending up around a buck a gallon before the next crisis caused by the fall of the Shah of Iran in '79 when it went up still further until the oil market stabilized and prices fell (allowing for inflation) up to the Gulf war in '91. Bush 1 then cuckolded Saddam which brought OPEC under our thumbs keeping the 90's prices down to less than the 60's (allowing for inflation) creating the feel good factor so undeserved for the Clintons.
Bush 1's idiot son's idiot advisers failed to understand how the oil market had been brought under control and subsequently threw all that away precipitating Gulf War 2 the great folly we have had since.How much did gas cost during the oil crisis during the 70s?
$.40 yes Forty cents per gallon.
only u batter knowing lol.
The answer to global warming and the oil crisis?
We are burning fossil fuels which contribute to global warming, but instead of burning oil and gas, why don't we cut down all the trees and use that for fuel. It would save the planet and we wouldn't have to use as much oil.
Why haven't the scientists figured this one out?The answer to global warming and the oil crisis?
Excellent suggestion, but not the first time in print. Cut trees, use for fuel, replant, and repeat. Not only is it sustainable, it is zero impact on the carbon cycle (trees capture carbon, burning releases it, trees capture it again). Perfect under the current political climate. Let's talk about the particulars. A particularly fast growing tree (poplar or ';cottonwood';) would be a great choice for such an enterprise. I've seen poplar farms in Oregon, but that wood is used for paper. Do you think we could produce a profitable product? Wood pellets? Electricity from our own wood fired generators? Let's do it.The answer to global warming and the oil crisis?
Burning all the trees would result in not having them to absorb carbon dioxide and help restore oxygen.That is not saving the planet.Since the scientists claim that global warming is creating higher ocean levels I do not see why the coastal states especially do not use the resources of the ocean for water usage and electricity.I live in Corpus Christi Texas and they are always rationing water and our lakes are only half full,yet we have the ocean right here.Doesn't make sense to me.We pipe water from 200 miles away.
Also solar energy,the sun is usually shining here and sometimes it doesn't rain for months.
You can cut all the trees down but if you do this we won't have oxygen and all the carbon dioxide which is in the atmosphere will not be sucked up by plants.Also this is killing all the animals which live in trees and some animals eat what grows on trees so if we cut trees they won't have food and starve to death.
scientists have already figured that out but are having trouble delivering their ideas to the public.it costs a lot of money to get people to use things other than oil and gas. also, cutting down trees is a really bad idea because they change CO2(carbon dioxide) into oxygen that we breathe. i think that solar energy should be used. but that's just my opinion. i hope i helped. soory if i didnt. plz rate me 5*'s
- dr. B.
bc trees produce oxygen and the fumes that come from buring wood are harmful to the enviornment...why havent we figured out that we cuould put solar panels on almosat everything and run a great deal of things in a city off of solar enerygy? think of how much money and energy we would save if we just put a solar panel on street signs, street lamps, and billboards?
What oil crisis?? The only oil crisis is the fact that the environmental loons won't allow the U.S. to be energy dependent by tapping into our own resources. The earth is constantly producing oil. More oil is naturally being spewed out from the earth than man can spill.
Affordable and dependent energy is what made this nation great. Unfortunately some don't like that. You are being scammed.
Check this web site out:
http://www.prouty.org/oil.html
cutting down trees will only worsen climate change. Trees remove harmful greenhouse gases from the air and produce oxygen in return. they are very important in the functioning of this planet.. how about umm wind and solar power? that would produce no greenhouse gases. :)
Global Warming is a scam! It is all about getting more money out of people.
I do my part by burning trees. I'm warm and I get exercise.
Then the world would end up like Haiti, and I personally don't want my country to end up like Haiti.
wastage and ignoring the facts that we are going to have the shortage one day
There is no science proving ANY impact on the earth's temp from MMGW- as 32,000 scientists now agree!
There is no warming- the only warming in the last 70 years was from 1975 to 1998 as determined by all 4 global tracking org's:
http://www.dailytech.com/Temperature+Mon…
Hence the transition to CC...
And since the buffoon Hansen's claim of 1998 as the hottest US year was a product of incompetant math (or outright lies), new dubious ';blended'; global data has been substitued by the tools:
http://www.prnewswire.com/cgi-bin/storie…
Slight CO2 escalation has FOLLOWED warming during every interglacial transition on record:
http://www.mises.org/story/2571
And exactly what has happened since the little ice 500 years ago.
Hence the transition to ';feedback loops';...
The ';consensus'; was actually FIVE UN tools whose corrections were ignored by UN politicians:
http://canadafreepress.com/index.php/art…
UN IPCC Expert Reviewer Madhav Khandekar, was not pleased by the disingenuous political tripe packaged as science:
“To my dismay, IPCC authors ignored all my comments and suggestions for major changes in the FOD (First Order Draft) and sent me the SOD (Second Order Draft) with essentially the same text as the FOD. None of the authors of the chapter bothered to directly communicate with me (or with other expert reviewers with whom I communicate on a regular basis) on many issues that were raised in my review. This is not an acceptable scientific review process.”
And many more:
Geologist/Geochemist Dr. Tom V. Segalstad, also a former expert reviewer with the U.N. IPCC, succinctly summarizes:
“It is all a fiction.”
Another UN IPCC expert reviewer, Dr. David Wojick:
“The public is not well served by this constant drumbeat of false alarms fed by computer models manipulated by advocates.”
Climate researcher Dr Vincent Gray, an expert reviewer on every draft of the IPCC:
“The claims of the IPCC are dangerous unscientific nonsense. There is no actual scientific evidence for all these projections and estimates. It should be obvious that they are ridiculous.
After reviewing a new study to be released in the Journal of Geophysical Research, “Heat Capacity, Time Constant, and Sensitivity of Earth’s Climate System,” astronomer Dr. Ian Wilson of the Hubble Space Telescope Institute summarized:
“Anthropogenic global warming bites the dust.
Former Harvard physicist Dr. Lubos Motl indicated in August of 2007 that recent research has reduced proponents of man-made climate fears to:
“Playing the children’s game to scare each other.
Dr. Oleg Sorochtin a scientist of the Institute of Oceanography at the Russian Academy of Sciences, author of more than 300 studies and nine books, concludes:
“Even if the concentration of ‘greenhouse gases’ double man would not perceive the temperature impact”:
The entire change in CO2 after 120 years in industrialized humanity is a MEANINGLESS 1/100th of 1 percent- .028-.038 of 1 percent:
http://www.geocraft.com/WVFossils/Carbon…
Meanwhile- nearly all credible scientists willing to place their rep on the line call MMGW a fraud:
Hence the MMGW marionettes fake ';studies'; of anonymous scientists...
More than 31,000 scientists have signed this petition demonstrating direct correlation between solar irradiance and earth's temp. They- and many others also show that CO2 levels have been more than 400% higher BEFORE fossil fuels.
PR Research: http://www.petitionproject.org/gw_articl…
Qualifications include: Atmosphere, Earth, %26amp; Environment (3,803), Computers %26amp; Math (935), Physics %26amp; Aerospace (5,810), Chemistry (4,818):
http://www.petitionproject.org/qualifica…
700 distinguished scientists have petitioned the Senate calling MMGW a fraud:
http://epw.senate.gov/public/index.cfm?F…
Record_id=2674e64f-802a-23ad-490b-bd9f…
!00 more leading scientists petitioned the UN- many of them claimed by Gore to be part of his nonsensical UN consensus:
http://www.canadafreepress.com/index.php…
The real story is why none of this info has EVER been mentioned on CNN, CBS, NBC, NPR, etc. as the socialists in congress try to ram thru a $1,500/person tax on energy... It is important to inform your kids that these are not news organizations- they are propagandists.
MMGW is already the most expensive fraud in history and it’s about to get exponentially worse...
Why haven't the scientists figured this one out?The answer to global warming and the oil crisis?
Excellent suggestion, but not the first time in print. Cut trees, use for fuel, replant, and repeat. Not only is it sustainable, it is zero impact on the carbon cycle (trees capture carbon, burning releases it, trees capture it again). Perfect under the current political climate. Let's talk about the particulars. A particularly fast growing tree (poplar or ';cottonwood';) would be a great choice for such an enterprise. I've seen poplar farms in Oregon, but that wood is used for paper. Do you think we could produce a profitable product? Wood pellets? Electricity from our own wood fired generators? Let's do it.The answer to global warming and the oil crisis?
Burning all the trees would result in not having them to absorb carbon dioxide and help restore oxygen.That is not saving the planet.Since the scientists claim that global warming is creating higher ocean levels I do not see why the coastal states especially do not use the resources of the ocean for water usage and electricity.I live in Corpus Christi Texas and they are always rationing water and our lakes are only half full,yet we have the ocean right here.Doesn't make sense to me.We pipe water from 200 miles away.
Also solar energy,the sun is usually shining here and sometimes it doesn't rain for months.
You can cut all the trees down but if you do this we won't have oxygen and all the carbon dioxide which is in the atmosphere will not be sucked up by plants.Also this is killing all the animals which live in trees and some animals eat what grows on trees so if we cut trees they won't have food and starve to death.
scientists have already figured that out but are having trouble delivering their ideas to the public.it costs a lot of money to get people to use things other than oil and gas. also, cutting down trees is a really bad idea because they change CO2(carbon dioxide) into oxygen that we breathe. i think that solar energy should be used. but that's just my opinion. i hope i helped. soory if i didnt. plz rate me 5*'s
- dr. B.
bc trees produce oxygen and the fumes that come from buring wood are harmful to the enviornment...why havent we figured out that we cuould put solar panels on almosat everything and run a great deal of things in a city off of solar enerygy? think of how much money and energy we would save if we just put a solar panel on street signs, street lamps, and billboards?
What oil crisis?? The only oil crisis is the fact that the environmental loons won't allow the U.S. to be energy dependent by tapping into our own resources. The earth is constantly producing oil. More oil is naturally being spewed out from the earth than man can spill.
Affordable and dependent energy is what made this nation great. Unfortunately some don't like that. You are being scammed.
Check this web site out:
http://www.prouty.org/oil.html
cutting down trees will only worsen climate change. Trees remove harmful greenhouse gases from the air and produce oxygen in return. they are very important in the functioning of this planet.. how about umm wind and solar power? that would produce no greenhouse gases. :)
Global Warming is a scam! It is all about getting more money out of people.
I do my part by burning trees. I'm warm and I get exercise.
Then the world would end up like Haiti, and I personally don't want my country to end up like Haiti.
wastage and ignoring the facts that we are going to have the shortage one day
There is no science proving ANY impact on the earth's temp from MMGW- as 32,000 scientists now agree!
There is no warming- the only warming in the last 70 years was from 1975 to 1998 as determined by all 4 global tracking org's:
http://www.dailytech.com/Temperature+Mon…
Hence the transition to CC...
And since the buffoon Hansen's claim of 1998 as the hottest US year was a product of incompetant math (or outright lies), new dubious ';blended'; global data has been substitued by the tools:
http://www.prnewswire.com/cgi-bin/storie…
Slight CO2 escalation has FOLLOWED warming during every interglacial transition on record:
http://www.mises.org/story/2571
And exactly what has happened since the little ice 500 years ago.
Hence the transition to ';feedback loops';...
The ';consensus'; was actually FIVE UN tools whose corrections were ignored by UN politicians:
http://canadafreepress.com/index.php/art…
UN IPCC Expert Reviewer Madhav Khandekar, was not pleased by the disingenuous political tripe packaged as science:
“To my dismay, IPCC authors ignored all my comments and suggestions for major changes in the FOD (First Order Draft) and sent me the SOD (Second Order Draft) with essentially the same text as the FOD. None of the authors of the chapter bothered to directly communicate with me (or with other expert reviewers with whom I communicate on a regular basis) on many issues that were raised in my review. This is not an acceptable scientific review process.”
And many more:
Geologist/Geochemist Dr. Tom V. Segalstad, also a former expert reviewer with the U.N. IPCC, succinctly summarizes:
“It is all a fiction.”
Another UN IPCC expert reviewer, Dr. David Wojick:
“The public is not well served by this constant drumbeat of false alarms fed by computer models manipulated by advocates.”
Climate researcher Dr Vincent Gray, an expert reviewer on every draft of the IPCC:
“The claims of the IPCC are dangerous unscientific nonsense. There is no actual scientific evidence for all these projections and estimates. It should be obvious that they are ridiculous.
After reviewing a new study to be released in the Journal of Geophysical Research, “Heat Capacity, Time Constant, and Sensitivity of Earth’s Climate System,” astronomer Dr. Ian Wilson of the Hubble Space Telescope Institute summarized:
“Anthropogenic global warming bites the dust.
Former Harvard physicist Dr. Lubos Motl indicated in August of 2007 that recent research has reduced proponents of man-made climate fears to:
“Playing the children’s game to scare each other.
Dr. Oleg Sorochtin a scientist of the Institute of Oceanography at the Russian Academy of Sciences, author of more than 300 studies and nine books, concludes:
“Even if the concentration of ‘greenhouse gases’ double man would not perceive the temperature impact”:
The entire change in CO2 after 120 years in industrialized humanity is a MEANINGLESS 1/100th of 1 percent- .028-.038 of 1 percent:
http://www.geocraft.com/WVFossils/Carbon…
Meanwhile- nearly all credible scientists willing to place their rep on the line call MMGW a fraud:
Hence the MMGW marionettes fake ';studies'; of anonymous scientists...
More than 31,000 scientists have signed this petition demonstrating direct correlation between solar irradiance and earth's temp. They- and many others also show that CO2 levels have been more than 400% higher BEFORE fossil fuels.
PR Research: http://www.petitionproject.org/gw_articl…
Qualifications include: Atmosphere, Earth, %26amp; Environment (3,803), Computers %26amp; Math (935), Physics %26amp; Aerospace (5,810), Chemistry (4,818):
http://www.petitionproject.org/qualifica…
700 distinguished scientists have petitioned the Senate calling MMGW a fraud:
http://epw.senate.gov/public/index.cfm?F…
Record_id=2674e64f-802a-23ad-490b-bd9f…
!00 more leading scientists petitioned the UN- many of them claimed by Gore to be part of his nonsensical UN consensus:
http://www.canadafreepress.com/index.php…
The real story is why none of this info has EVER been mentioned on CNN, CBS, NBC, NPR, etc. as the socialists in congress try to ram thru a $1,500/person tax on energy... It is important to inform your kids that these are not news organizations- they are propagandists.
MMGW is already the most expensive fraud in history and it’s about to get exponentially worse...
What is the US government doing about the oil crisis?
It is starting to effect me and my family!What is the US government doing about the oil crisis?
Nothing.What is the US government doing about the oil crisis?
check out the web site below and this will give you all agood insight into what is going on with the oil crisis.
The bottom line is, there is no crisis. We have more oil already drilled and capped in Alaska under Gull Island than all of Suadi Arabia. Read the full story below and see for yourself.
Shortcut to: http://www.rense.com/general82/gull.htm
Well, define oil crisis. We are not stretching thin for oil. We are just paying to much for it. There are two parts to this story. 1) The hippies wont let us build enough oil refineries to keep up with supply and demand. 2) The more obvious one, we are dealing with OPEC. OPEC hates the US. So, they charge more for oil.
The Democrat controlled Congress is still preventing the oil companies from drilling for more domestic oil and still refusing to allow more oil refineries to be built. Next time you see a Democrat politician, thank him or her for the high price of gas.
OH YE WHO VOTED FOR DEMOCRATS!!
OH YE SUCKERS!!!!!!!!
This is an oil administration-the price goes up,they get wealthier-its' really just that simple.One thing the new administration should consider,as a temporary stop gap,is removing the fed.tax on Transport deisel fuel to help out the truckers-our lifeline;they do it for farmers.This would do much to slow rising prices for consumers.The fact is we do not have sufficient oil of our own;even if we drilled everywhere it would only slake our thirst for a few months or a couple of years at best.This is a typical Republican,short sited response and why they have no business running our energy policy.
nothing, but.. what can our government do ??
we don't have enough of our own oil (not even close)
BTW : Most experts think ..$ 4.00 per gallon is still low
because, gas will soon be ..$ 7.00 per gallon or higher.
and it wont stop there, it will continue to go up as the oil runs out.
Actually nothing with the exception of ';talking'; to the big oil companies to ';see if they are gouging'; us consumers. THESE POLITICIANS HAVE HELD BACK OUR FUTURE FOR OIL/GAS/ALTERNATIVE FOR YEARS. They all need to be replaced since they are NOT working for we the people. We are THEIR BOSS,
WAKE UP AMERICA
Just making it worse by preventing the drilling of oil in the US and the construction of new refineries.
Republicans want to drill for oil,Democrats say no and promises to someday deliver a viable alternative.
Nothing. The liberal/environmentalists won't let them do the one thing that would make a big difference. Congress will keep investigating though.
Uh? Still preventing us from increasing our refining capacity therefore keeping the prices through the roof. Every time you pump a gallon thank a democrat.
The same thing they're doing about dairy farms. Nuttin. They're businesses. Buy a bike.
Our government should have done something 30 years ago. Not sure if either party will do anything at this point.
giving oil companies tax breaks and sitting back on their hands while the public is suffering.
Nothing, big oil owns this government.
Lining their pockets.
They're part of it.
Same thing they have done for the last couple of decades - Nothing
We in the US have the tendency to blame the government or the industries for most of our socio-economic crisis. But the fact of the matter is we the people are mostly responsible for many of the crises. Take for instance - oil. If we start using less and produce more in this country, we have enough energy capability to become self-sufficient for eons at gas prices hovering a dollar or less. And I don't mean using alternative products such as corn and hay as substitues. Our problem seemed to be that when gas prices are low, many go back buying gas guzzling big cars and trucks. When the prices are high however, everyone scrambles to buy mini-cars. We also have this affinity for speed and power resulting in more consumption of gas. We like the feeling of motion so we use our huge powerful cars to drive around going no-where. We are used to this ';me-me-me'; syndrome, leave wherever I go and whenever I please. We often speed up to go someplace but ending up waiting when we get there. How many of us commute using huge heavy SUVs with one person on board? Whatever happened to car pooling? In retrospect the skyrocketing of gas prices lately is a waker-upper. We're back looking at alternatives once more. But I'm afraid that when gas prices go down even a bit, we'll be right back to our old wasteful ways. But we do have the technology and the source to become totally independent of foreign oil. We have expertise to maximize on re-usable power such as solar and wind. We can build more nuclear power plants and have the technology for the safe disposal of the resulting nuclear waste. With the cooperation of our environmentalist friends, we can expand drilling for off shore oil and in Alaska. As commuters we don't need more energy efficient cars, rather we need less number of cars on our freeways. We should concentrate on an effective public transportation system maximizing on use of busses, trains, trolleys and bullet trains. We have wasteful air transport system. Our planes often fly less than half full. We should adopt the use of jumbo jets on short commuter flights whereby planes leave every hour on the hour at low ticket prices. Most families have two or more automobiles. Most of the trips made are short commutes such as errands to the store or picking up kids from school. Why not have one of the vehicles be an electric or air powered (evolution by France) cars which have the range and the speed apropriate for this type activity. For longer more sustained trips, use the gas powered cars.
Our biggest single drawback is our lack of discipline. We're used to easy freedom of the road. It's going to have an impact on our way of life but the alternative is to continue along our expensive ways. Many of us complaining about fuel prices are also energy stock holders. So to go against the oil companies is to go against our pocketbooks. As the eaying goes, ';not in my backyard';. Further, look at the quality of people we often put in office? The best qualified is never on the ballot. Politicians will not go against the oil conglomorates who often support their candidacies. And what will our government say to the Middle Eastern when we no longer need their oil.
Summary: We have the solution to the oil crisis. IF WE USE IT LESS AND USE IT WISELY, there is nothing that the government and the oil industry can do but to drop prices.
what oil crisis?? There is plenty of oil. The price is high because of the economy.
Nothing.What is the US government doing about the oil crisis?
check out the web site below and this will give you all agood insight into what is going on with the oil crisis.
The bottom line is, there is no crisis. We have more oil already drilled and capped in Alaska under Gull Island than all of Suadi Arabia. Read the full story below and see for yourself.
Shortcut to: http://www.rense.com/general82/gull.htm
Well, define oil crisis. We are not stretching thin for oil. We are just paying to much for it. There are two parts to this story. 1) The hippies wont let us build enough oil refineries to keep up with supply and demand. 2) The more obvious one, we are dealing with OPEC. OPEC hates the US. So, they charge more for oil.
The Democrat controlled Congress is still preventing the oil companies from drilling for more domestic oil and still refusing to allow more oil refineries to be built. Next time you see a Democrat politician, thank him or her for the high price of gas.
OH YE WHO VOTED FOR DEMOCRATS!!
OH YE SUCKERS!!!!!!!!
This is an oil administration-the price goes up,they get wealthier-its' really just that simple.One thing the new administration should consider,as a temporary stop gap,is removing the fed.tax on Transport deisel fuel to help out the truckers-our lifeline;they do it for farmers.This would do much to slow rising prices for consumers.The fact is we do not have sufficient oil of our own;even if we drilled everywhere it would only slake our thirst for a few months or a couple of years at best.This is a typical Republican,short sited response and why they have no business running our energy policy.
nothing, but.. what can our government do ??
we don't have enough of our own oil (not even close)
BTW : Most experts think ..$ 4.00 per gallon is still low
because, gas will soon be ..$ 7.00 per gallon or higher.
and it wont stop there, it will continue to go up as the oil runs out.
Actually nothing with the exception of ';talking'; to the big oil companies to ';see if they are gouging'; us consumers. THESE POLITICIANS HAVE HELD BACK OUR FUTURE FOR OIL/GAS/ALTERNATIVE FOR YEARS. They all need to be replaced since they are NOT working for we the people. We are THEIR BOSS,
WAKE UP AMERICA
Just making it worse by preventing the drilling of oil in the US and the construction of new refineries.
Republicans want to drill for oil,Democrats say no and promises to someday deliver a viable alternative.
Nothing. The liberal/environmentalists won't let them do the one thing that would make a big difference. Congress will keep investigating though.
Uh? Still preventing us from increasing our refining capacity therefore keeping the prices through the roof. Every time you pump a gallon thank a democrat.
The same thing they're doing about dairy farms. Nuttin. They're businesses. Buy a bike.
Our government should have done something 30 years ago. Not sure if either party will do anything at this point.
giving oil companies tax breaks and sitting back on their hands while the public is suffering.
Nothing, big oil owns this government.
Lining their pockets.
They're part of it.
Same thing they have done for the last couple of decades - Nothing
We in the US have the tendency to blame the government or the industries for most of our socio-economic crisis. But the fact of the matter is we the people are mostly responsible for many of the crises. Take for instance - oil. If we start using less and produce more in this country, we have enough energy capability to become self-sufficient for eons at gas prices hovering a dollar or less. And I don't mean using alternative products such as corn and hay as substitues. Our problem seemed to be that when gas prices are low, many go back buying gas guzzling big cars and trucks. When the prices are high however, everyone scrambles to buy mini-cars. We also have this affinity for speed and power resulting in more consumption of gas. We like the feeling of motion so we use our huge powerful cars to drive around going no-where. We are used to this ';me-me-me'; syndrome, leave wherever I go and whenever I please. We often speed up to go someplace but ending up waiting when we get there. How many of us commute using huge heavy SUVs with one person on board? Whatever happened to car pooling? In retrospect the skyrocketing of gas prices lately is a waker-upper. We're back looking at alternatives once more. But I'm afraid that when gas prices go down even a bit, we'll be right back to our old wasteful ways. But we do have the technology and the source to become totally independent of foreign oil. We have expertise to maximize on re-usable power such as solar and wind. We can build more nuclear power plants and have the technology for the safe disposal of the resulting nuclear waste. With the cooperation of our environmentalist friends, we can expand drilling for off shore oil and in Alaska. As commuters we don't need more energy efficient cars, rather we need less number of cars on our freeways. We should concentrate on an effective public transportation system maximizing on use of busses, trains, trolleys and bullet trains. We have wasteful air transport system. Our planes often fly less than half full. We should adopt the use of jumbo jets on short commuter flights whereby planes leave every hour on the hour at low ticket prices. Most families have two or more automobiles. Most of the trips made are short commutes such as errands to the store or picking up kids from school. Why not have one of the vehicles be an electric or air powered (evolution by France) cars which have the range and the speed apropriate for this type activity. For longer more sustained trips, use the gas powered cars.
Our biggest single drawback is our lack of discipline. We're used to easy freedom of the road. It's going to have an impact on our way of life but the alternative is to continue along our expensive ways. Many of us complaining about fuel prices are also energy stock holders. So to go against the oil companies is to go against our pocketbooks. As the eaying goes, ';not in my backyard';. Further, look at the quality of people we often put in office? The best qualified is never on the ballot. Politicians will not go against the oil conglomorates who often support their candidacies. And what will our government say to the Middle Eastern when we no longer need their oil.
Summary: We have the solution to the oil crisis. IF WE USE IT LESS AND USE IT WISELY, there is nothing that the government and the oil industry can do but to drop prices.
what oil crisis?? There is plenty of oil. The price is high because of the economy.
What's a start to solve the world's oil crisis?
It's for a project at school. We have to invent a company to solve the world's oil crisis!What's a start to solve the world's oil crisis?
Wow. This question (from your teacher) presumes a great deal.
Let's start from the beginning (always a good idea :D). This is LONG but please be patient as there are a lot of issues that need to be considered.
Oil is traded through one of the few truly global markets. No individual company or even country has a direct significant impact on the world's supply. Even a country with a very large ';supply'; such as Saudi Arabia or a cartel such as OPEC has less power than 30 years ago. Demand is a bit different but much more difficult to control. Oil demand is relatively inelastic. That means that it generally takes large price changes to have a noticeable effect on demand. Additionally, demand is decentralized. In other words, it's easier to coordinate the actions of 100 companies and countries on the supply side than it is to coordinate the actions of 6 billion people on the demand side.
The main problem with oil/oil markets is their relative lack of supply transparency. The global market is relatively transparent from a price standpoint, as evidenced by the fact that the prices of different (regional) grades of oil move in approximately the same way day-to-day. However, what is VERY opaque is what supplies exist.
A definition needs to be made with regard to ';supply.'; There IS a great deal of oil left in the earth. Estimates vary but if it were all in a giant pool accessible at current costs, we would have no problems at all (given current demand). However, there are two other steps before it can be ';brought to market.'; First, the oil has to be found. Oil that is found is called proven reserves and it is generally what we mean by the total stock of oil available. Countries and companies may revise their estimates of proven reserves over time so that even if no ';new'; oil was discovered and production not actually increased it is possible that the ';supply'; (meaning proven reserves) goes up. The other measure of supply is production. This is the process of actually getting the oil out of proven reserves and to the market. Since this is an economic question, either the definition of supply as proven reserves or production may be relevant.
Now, back to the presumption of your teacher's question. The question presumes there exists a world oil crisis. What this really means is unclear but most people refer not to the end of oil but rather to the end of ';cheap oil.';
For a very long time (naturally) producers used the easiest oil sources first. Generally, this includes any oil found on land in an inhabitable area derived from drilling an oil well for the purpose of extraction. That's a pretty decent way of getting oil but as a source it IS dwindling. What is becoming more prominent is the use of offshore drilling rigs to extract oil from the seas. This began a long time ago, but more recently it has grown in importance. In a couple years, a drilling rig will be able to drill in 12,500 feet of water - that's more than the average depth of the world's oceans! Offshore drilling and in particular deepwater drilling is a viable source of oil at moderately high market prices which allow the producers to at least break even or turn a profit.
Another source of oil that is gaining prominence is oil sands and oil shales. Look this up on wikipedia if you'd like more information. Generally, oil sands and shales are good large sources of oil at higher oil market prices. Venezuela and Canada are two countries with large deposits.
The fundamental problem in the world's ';oil crisis'; is not the amount of oil still in the earth. The real problem is the transparency of the supply and other ';aboveground'; factors such as politics and economics. No single company is going to solve these problems although many companies working together in either a cooperative way or competitive way will work. Some types of companies that may contribute are as follows:
1. A company that improves seismic imaging technology to get better information on where and how much oil is in the ground at a location.
2. An advisory/information/consulting company that provides advice on how to operate an oil company efficiently.
3. A trading exchange like the New York Stock Exchange (there are some such as the NYMEX) which allow for greater transparency in the world's oil market.
4. A company that improves the technology for extracting oil from non-conventional sources such as oil sands/shales or deepwater offshore fields.
5. A company that makes transportation more fuel efficient. Estimates vary but 60-85% of the oil in the world is directly for transportation. Automobiles are a part of this but they are not the only ones and therefore increasing fuel-efficiency standards for cars alone will not resolve the issue. A company that can address fuel efficiency standards across the map (planes, ships, cars, etc) will go a long way towards impacting demand.
There are plenty of choices but the best way to go about this is to think about what the ACTUAL issues are and see how you can come up with a concept for a company that will fulfill the needs that arise from those issues.What's a start to solve the world's oil crisis?
Start a research and development company dedicated to alternative energy sources. During WWII, the US government got a large group of our best scientists together for the express purpose of speeding the conclusion of the war. Within one year, these people developed the atomic bomb which ultimately ended WWII.
The new company would hire the best and most brilliant scientists to develop an alternative energy source that produces less environmental damage than oil. Within one year, a new source of energy would be refined. This accomplishment would severely dampen the demand for oil and oil prices would fall.
You have solved the oil crisis, developed a new energy alternative and saved the world from a pollution crisis. Go to the head of the class.
Google ';heavy oil';
There is no ';oil crisis'; - the supply of light, sweet oil is dwindling - well, that's an overstatement, but there's clearly a supply issue.
There's no shortage of heavy oil. It is more costly to refine and burns dirtier but it's closer to the surface, thus drilling costs are lower.
A start to the world's so-called ';oil crisis'; would simply be better air purification and filtering systems to cut down on the environmental impact from heavy oil refining.
There is no world oil crisis,there is lots of oil still to find.only 5% of the world has been explored so far for oil reserves.Invent a company that finds oil and does it well you will solve the invented crisis.
Oil is a fossil fuel hence its quantities are limited in reserves %26amp; in order to solve World's Oil Crisis we must on one hand find,develop %26amp; imply alternate means of energy such as Solar Energy, Nuclear Energy etc, control our Energy consumption and tap its Waste and on the other hand try and find and help other Countries (especially poor) to discover %26amp; develop more Oil reserves.The Governments in the West (especially G-8 ) who are the biggest consumers of Oil should try and implement a Law not to disturb the OPEC ( Oil Prodcing Nations) by War threats and not to invade them and solve problems with them Politically, there should be a will from all sides. I think this foundation is enough for you to write your paper and you may ask for more details from me whenever,ifever and howsoever you like,thankyou.
There is no crisis. The scare stories are disinformation spread by the oil companies so they can gouge us. Oil is abundant, cheap, and clean. Pollution is like spitting in the ocean. See who benefits from these scare tactics and you will realize how your mind is being controlled.
Sell energy futures in the wind energy market. There will be lots of wind farms coming up in the next few decades. Those who get i on the gound floor will reap huge profits. As oil becomes more scarce, wind energy becomes more profitable and more viable. The market drives the price.
Coal gasification (not so green, but still not oil)
Solar (decentralized installation of solar panels on houses)
Wind generated electricity (centralized or decentralized)
Trash gas (methane from landfills) collection and distribution
Start investing in alternative ways of power like nuclear plants
Look into coal to gas technology and back it up with taxes on imported oil. I hope that helps give you some ideas. Other tech will be available too, but this is the most logical choice as it will not make the gas engine obsolete and we hold the worlds largest coal reserves. I can't spoon feed the entire thing to you as you will not learn, but hope I pointed you into a good direction.
Wow. This question (from your teacher) presumes a great deal.
Let's start from the beginning (always a good idea :D). This is LONG but please be patient as there are a lot of issues that need to be considered.
Oil is traded through one of the few truly global markets. No individual company or even country has a direct significant impact on the world's supply. Even a country with a very large ';supply'; such as Saudi Arabia or a cartel such as OPEC has less power than 30 years ago. Demand is a bit different but much more difficult to control. Oil demand is relatively inelastic. That means that it generally takes large price changes to have a noticeable effect on demand. Additionally, demand is decentralized. In other words, it's easier to coordinate the actions of 100 companies and countries on the supply side than it is to coordinate the actions of 6 billion people on the demand side.
The main problem with oil/oil markets is their relative lack of supply transparency. The global market is relatively transparent from a price standpoint, as evidenced by the fact that the prices of different (regional) grades of oil move in approximately the same way day-to-day. However, what is VERY opaque is what supplies exist.
A definition needs to be made with regard to ';supply.'; There IS a great deal of oil left in the earth. Estimates vary but if it were all in a giant pool accessible at current costs, we would have no problems at all (given current demand). However, there are two other steps before it can be ';brought to market.'; First, the oil has to be found. Oil that is found is called proven reserves and it is generally what we mean by the total stock of oil available. Countries and companies may revise their estimates of proven reserves over time so that even if no ';new'; oil was discovered and production not actually increased it is possible that the ';supply'; (meaning proven reserves) goes up. The other measure of supply is production. This is the process of actually getting the oil out of proven reserves and to the market. Since this is an economic question, either the definition of supply as proven reserves or production may be relevant.
Now, back to the presumption of your teacher's question. The question presumes there exists a world oil crisis. What this really means is unclear but most people refer not to the end of oil but rather to the end of ';cheap oil.';
For a very long time (naturally) producers used the easiest oil sources first. Generally, this includes any oil found on land in an inhabitable area derived from drilling an oil well for the purpose of extraction. That's a pretty decent way of getting oil but as a source it IS dwindling. What is becoming more prominent is the use of offshore drilling rigs to extract oil from the seas. This began a long time ago, but more recently it has grown in importance. In a couple years, a drilling rig will be able to drill in 12,500 feet of water - that's more than the average depth of the world's oceans! Offshore drilling and in particular deepwater drilling is a viable source of oil at moderately high market prices which allow the producers to at least break even or turn a profit.
Another source of oil that is gaining prominence is oil sands and oil shales. Look this up on wikipedia if you'd like more information. Generally, oil sands and shales are good large sources of oil at higher oil market prices. Venezuela and Canada are two countries with large deposits.
The fundamental problem in the world's ';oil crisis'; is not the amount of oil still in the earth. The real problem is the transparency of the supply and other ';aboveground'; factors such as politics and economics. No single company is going to solve these problems although many companies working together in either a cooperative way or competitive way will work. Some types of companies that may contribute are as follows:
1. A company that improves seismic imaging technology to get better information on where and how much oil is in the ground at a location.
2. An advisory/information/consulting company that provides advice on how to operate an oil company efficiently.
3. A trading exchange like the New York Stock Exchange (there are some such as the NYMEX) which allow for greater transparency in the world's oil market.
4. A company that improves the technology for extracting oil from non-conventional sources such as oil sands/shales or deepwater offshore fields.
5. A company that makes transportation more fuel efficient. Estimates vary but 60-85% of the oil in the world is directly for transportation. Automobiles are a part of this but they are not the only ones and therefore increasing fuel-efficiency standards for cars alone will not resolve the issue. A company that can address fuel efficiency standards across the map (planes, ships, cars, etc) will go a long way towards impacting demand.
There are plenty of choices but the best way to go about this is to think about what the ACTUAL issues are and see how you can come up with a concept for a company that will fulfill the needs that arise from those issues.What's a start to solve the world's oil crisis?
Start a research and development company dedicated to alternative energy sources. During WWII, the US government got a large group of our best scientists together for the express purpose of speeding the conclusion of the war. Within one year, these people developed the atomic bomb which ultimately ended WWII.
The new company would hire the best and most brilliant scientists to develop an alternative energy source that produces less environmental damage than oil. Within one year, a new source of energy would be refined. This accomplishment would severely dampen the demand for oil and oil prices would fall.
You have solved the oil crisis, developed a new energy alternative and saved the world from a pollution crisis. Go to the head of the class.
Google ';heavy oil';
There is no ';oil crisis'; - the supply of light, sweet oil is dwindling - well, that's an overstatement, but there's clearly a supply issue.
There's no shortage of heavy oil. It is more costly to refine and burns dirtier but it's closer to the surface, thus drilling costs are lower.
A start to the world's so-called ';oil crisis'; would simply be better air purification and filtering systems to cut down on the environmental impact from heavy oil refining.
There is no world oil crisis,there is lots of oil still to find.only 5% of the world has been explored so far for oil reserves.Invent a company that finds oil and does it well you will solve the invented crisis.
Oil is a fossil fuel hence its quantities are limited in reserves %26amp; in order to solve World's Oil Crisis we must on one hand find,develop %26amp; imply alternate means of energy such as Solar Energy, Nuclear Energy etc, control our Energy consumption and tap its Waste and on the other hand try and find and help other Countries (especially poor) to discover %26amp; develop more Oil reserves.The Governments in the West (especially G-8 ) who are the biggest consumers of Oil should try and implement a Law not to disturb the OPEC ( Oil Prodcing Nations) by War threats and not to invade them and solve problems with them Politically, there should be a will from all sides. I think this foundation is enough for you to write your paper and you may ask for more details from me whenever,ifever and howsoever you like,thankyou.
There is no crisis. The scare stories are disinformation spread by the oil companies so they can gouge us. Oil is abundant, cheap, and clean. Pollution is like spitting in the ocean. See who benefits from these scare tactics and you will realize how your mind is being controlled.
Sell energy futures in the wind energy market. There will be lots of wind farms coming up in the next few decades. Those who get i on the gound floor will reap huge profits. As oil becomes more scarce, wind energy becomes more profitable and more viable. The market drives the price.
Coal gasification (not so green, but still not oil)
Solar (decentralized installation of solar panels on houses)
Wind generated electricity (centralized or decentralized)
Trash gas (methane from landfills) collection and distribution
Start investing in alternative ways of power like nuclear plants
Look into coal to gas technology and back it up with taxes on imported oil. I hope that helps give you some ideas. Other tech will be available too, but this is the most logical choice as it will not make the gas engine obsolete and we hold the worlds largest coal reserves. I can't spoon feed the entire thing to you as you will not learn, but hope I pointed you into a good direction.
What will happen at the peak oil crisis?
If that hapened what will happen to the world if their is no means of transportation? What is all coming to? End is in sight for the world.What will happen at the peak oil crisis?
We are at the peak now. It started with price gouging and windfall profits tax as a response. OPEC in return, so all could enjoy high prices. Foreign oil was the cheapest on the market til OPEC. If America was fair the OPEC country's would be.What will happen at the peak oil crisis?
HIGH PRICES on EVERYTHING !
don't worry their already is a money making plan,when the oil runs out their will be a shift in political thinking,as well as wars,and turmoil
and theirs plenty of alternatives,stop watching the government sponsored news stations and stop listing to politicians,we have a plan and all will work,besides ride a bike for your healths sake
Tomorrow never comes, so there never will be a peak oil crises.honda finance
We are at the peak now. It started with price gouging and windfall profits tax as a response. OPEC in return, so all could enjoy high prices. Foreign oil was the cheapest on the market til OPEC. If America was fair the OPEC country's would be.What will happen at the peak oil crisis?
HIGH PRICES on EVERYTHING !
don't worry their already is a money making plan,when the oil runs out their will be a shift in political thinking,as well as wars,and turmoil
and theirs plenty of alternatives,stop watching the government sponsored news stations and stop listing to politicians,we have a plan and all will work,besides ride a bike for your healths sake
Tomorrow never comes, so there never will be a peak oil crises.
Could the current Arab-Israeli conflict mimic a repeat of the 1973 oil crisis?
Arab nations control the 'blood' of the world economy (A.K.A oil). A further rise in oil prices and a decrease in supply would cause severe global economic problems, particularly on the already crippled US economy. Shouldn't the US understand the power of OPEC members and prevent the potential genocide on the people of Gaza by the Israeli government?Could the current Arab-Israeli conflict mimic a repeat of the 1973 oil crisis?
But the crippled economy and recession would mean that oil prices would decrease, and demand would also decline.
But I agree with your point - OPEC could bring the world to its knees. But aren't most of the Arab nations in the Gulf allies of the US?Could the current Arab-Israeli conflict mimic a repeat of the 1973 oil crisis?
Yes, we should be supporting the ones with oil instead of israel which has nothing we want and a lot of what we never will want!
But the crippled economy and recession would mean that oil prices would decrease, and demand would also decline.
But I agree with your point - OPEC could bring the world to its knees. But aren't most of the Arab nations in the Gulf allies of the US?Could the current Arab-Israeli conflict mimic a repeat of the 1973 oil crisis?
Yes, we should be supporting the ones with oil instead of israel which has nothing we want and a lot of what we never will want!
How prepared were you for an oil crisis? Your family? How prepared was your immediate community?
During a crisis, being properly prepared for an emergency can make all the difference. The same can be said for having a strong network of friends and families that can face a difficult situation together.
Who do you have to turn to? How have those people responded?
What has your community done to in order to limit suffering and other long-term problems?How prepared were you for an oil crisis? Your family? How prepared was your immediate community?
There is no crisis yet. Gas is only $4 a gallon. I don't care about my community.How prepared were you for an oil crisis? Your family? How prepared was your immediate community?
I don't think anyone in the general population was prepared or had a clue.I know I wasn't and didn't and I watch several news a day.I don't think my community has done anything.We will depend on ourselves as anyone I know is not any better off as for being prepared.We will manage,that is what you do.
I've lived within 7.5 miles of work for 18 years and own a bike.
Oh, there is no crisis. It's the law of supply and demand (Economics 101). Everybody who blindly hops in their big gas guzzling SUV and heads up the road at 80 mph has no right to complain about high gas prices or 'think' there is a 'crisis'.
IF you want the price to come down, USE LESS OF IT.
totally unprepared.
Who do you have to turn to? How have those people responded?
What has your community done to in order to limit suffering and other long-term problems?How prepared were you for an oil crisis? Your family? How prepared was your immediate community?
There is no crisis yet. Gas is only $4 a gallon. I don't care about my community.How prepared were you for an oil crisis? Your family? How prepared was your immediate community?
I don't think anyone in the general population was prepared or had a clue.I know I wasn't and didn't and I watch several news a day.I don't think my community has done anything.We will depend on ourselves as anyone I know is not any better off as for being prepared.We will manage,that is what you do.
I've lived within 7.5 miles of work for 18 years and own a bike.
Oh, there is no crisis. It's the law of supply and demand (Economics 101). Everybody who blindly hops in their big gas guzzling SUV and heads up the road at 80 mph has no right to complain about high gas prices or 'think' there is a 'crisis'.
IF you want the price to come down, USE LESS OF IT.
totally unprepared.
Did you know the Democrats are responsible for our oil crisis?
It was the Democratic congress that stopped oil drilling, but all that is about to change... McCain is going to drill, drill, drill and use all kinds of energy innovations to dave America.
McCain/ Palin 2008-2016Did you know the Democrats are responsible for our oil crisis?
yes. they are not above prologing the suffering of the American people to make sure that Bush doesn't have something good happen during his presidency.
Palin was right - drilling isn't going to solve all of our problems, but that is no reason not to give it a shot and instead invest in programs that even big business won't touch.
Edit: NMMNG, what is the point of drilling in places where there is no oil? How does that do anything other than waste money that could be used productively?Did you know the Democrats are responsible for our oil crisis?
George Bush and his republican controlled congress for the 6 out of 8 years had plenty of opportunities to drill, drill, drill.
I do believe that Pelosi and her cronies should be fired and tried for treason for taking another vacation rather than hammering away an energy policy for the American people.
I think both parties are at fault.
Our oil crisis can be resolved by no longer being dependent on oil. Oil is a finite resource. Someday, it's going to run out, whether it's five years from now or fifty. There are other sources of energy that do just as well or better, and in a few years with the right financial and public support, the United States won't be relying on oil, either from the middle east or from our own land. What's so hard to understand about that?
This assertion is just as stupid as the one where people blame the President for high prices because he's tighten the strategic petrol reserves.
Let's get something straight: those idiots on CNN and FOX News, or wherever you got this idea from, are not economists and neither are you. And if you're quoting Kudlow %26amp; Co. when you say ';drill drill drill';, then you are listening to actual economists but you're still not seeing the whole picture here.
The price of oil is set by supply and demand. There are other interferences with, such as government taxes and the collusion of oligopolies, but for the most part it's not being bid down very much on the part of ordinary consumers.
Here's the real crisis of oil: The number of consumers of oil is increasingly growing faster than the already high growth rates in population. The problem is oil production isn't growing fast enough to keep pace.
This is where most people end up thinking ';drill drill drill'; will solve the problem and it could but I doubt it will. If we utilized our new fuel efficiently enough to focus on improving our fuel economy, then yes. But I would rather put my money on the chances that people will get excited about a brief moment where prices are low and go back to the way we were, completely abandoning the whole movement away from oil.
That's the real crisis, and I would be all for ';drill drill drill'; had our economy consisted of consumers smart enough to use it (or the advantages in other sectors that wouldn't be so upon its sacrafice) to invest in our future, wether it's nuclear, coal, natural gas, or energy alternatives, but instead I have the feeling we'll just crawl back into our hummers, keep building homes in the middle of nowhere, and completely forget about fuel economy.
Dude...the world is awash in oil. All you have to do is pay the people that own it from the ground to the pump what ever it is they ask. The republicans have no problem with the 'free market'. Encouraging oil producers to buy each other out, to raise or lower the price as they see fit, allowing them to avoid taxes is all a part of the wonderful world of the neo-con-man GOP. You 'wingers should be dancing in the street because the system that's robbing you works so well. It's certainly the system you voted for, so what's the prob? Holy US Army, Batman, 'our' government even used US troops and borrowed money to invade Iraq so these oil corporations can have access to product. What more do you want? Blaming the 'democrats'? You should shake their hand......the oil mafia is getting rich and you're taking it in the shorts. I sense a disconnect here. Give it a think!
No. It's not like the drilled up all the oil and started drinking it or something, just so we would have a shortage.
Drilling was ruining our Earth. (Sorry about sounding all hippie) and it's a proven scientific fact that drill right now won't change the gas prices for years and years to come.
WtF is ';Dave America?';
---
Member Since: June 27, 2008
Total Points: 4 (Level 1)
Points earned this week: -6
---
Time to make another bogus account, loser.
EDIT:
';I have a BA in Finance and a Master's in Economics...';
I bet.
Here, however, you're all BS.
No they aren't. That's a lie. The oil companies already have 70 million acres of leases that they could start drilling tomorrow. They have reduced drilling and closed refineries to keep supply low and prices high.
Tell me, how does one dave America?
Best typo I've seen all day. Thanks for the laugh. The question was pretty funny too. Total BS, but funny nonethelesss.
yepp and Bill Clinton actually vetoed a bill that was for off shore drilling. So democrats are the whole reason for gas prices, they need to stop being such tree hugger mumbo jumbos
No, its the republican war machine?
yes
u are so ignorant.
McCain/ Palin 2008-2016Did you know the Democrats are responsible for our oil crisis?
yes. they are not above prologing the suffering of the American people to make sure that Bush doesn't have something good happen during his presidency.
Palin was right - drilling isn't going to solve all of our problems, but that is no reason not to give it a shot and instead invest in programs that even big business won't touch.
Edit: NMMNG, what is the point of drilling in places where there is no oil? How does that do anything other than waste money that could be used productively?Did you know the Democrats are responsible for our oil crisis?
George Bush and his republican controlled congress for the 6 out of 8 years had plenty of opportunities to drill, drill, drill.
I do believe that Pelosi and her cronies should be fired and tried for treason for taking another vacation rather than hammering away an energy policy for the American people.
I think both parties are at fault.
Our oil crisis can be resolved by no longer being dependent on oil. Oil is a finite resource. Someday, it's going to run out, whether it's five years from now or fifty. There are other sources of energy that do just as well or better, and in a few years with the right financial and public support, the United States won't be relying on oil, either from the middle east or from our own land. What's so hard to understand about that?
This assertion is just as stupid as the one where people blame the President for high prices because he's tighten the strategic petrol reserves.
Let's get something straight: those idiots on CNN and FOX News, or wherever you got this idea from, are not economists and neither are you. And if you're quoting Kudlow %26amp; Co. when you say ';drill drill drill';, then you are listening to actual economists but you're still not seeing the whole picture here.
The price of oil is set by supply and demand. There are other interferences with, such as government taxes and the collusion of oligopolies, but for the most part it's not being bid down very much on the part of ordinary consumers.
Here's the real crisis of oil: The number of consumers of oil is increasingly growing faster than the already high growth rates in population. The problem is oil production isn't growing fast enough to keep pace.
This is where most people end up thinking ';drill drill drill'; will solve the problem and it could but I doubt it will. If we utilized our new fuel efficiently enough to focus on improving our fuel economy, then yes. But I would rather put my money on the chances that people will get excited about a brief moment where prices are low and go back to the way we were, completely abandoning the whole movement away from oil.
That's the real crisis, and I would be all for ';drill drill drill'; had our economy consisted of consumers smart enough to use it (or the advantages in other sectors that wouldn't be so upon its sacrafice) to invest in our future, wether it's nuclear, coal, natural gas, or energy alternatives, but instead I have the feeling we'll just crawl back into our hummers, keep building homes in the middle of nowhere, and completely forget about fuel economy.
Dude...the world is awash in oil. All you have to do is pay the people that own it from the ground to the pump what ever it is they ask. The republicans have no problem with the 'free market'. Encouraging oil producers to buy each other out, to raise or lower the price as they see fit, allowing them to avoid taxes is all a part of the wonderful world of the neo-con-man GOP. You 'wingers should be dancing in the street because the system that's robbing you works so well. It's certainly the system you voted for, so what's the prob? Holy US Army, Batman, 'our' government even used US troops and borrowed money to invade Iraq so these oil corporations can have access to product. What more do you want? Blaming the 'democrats'? You should shake their hand......the oil mafia is getting rich and you're taking it in the shorts. I sense a disconnect here. Give it a think!
No. It's not like the drilled up all the oil and started drinking it or something, just so we would have a shortage.
Drilling was ruining our Earth. (Sorry about sounding all hippie) and it's a proven scientific fact that drill right now won't change the gas prices for years and years to come.
WtF is ';Dave America?';
---
Member Since: June 27, 2008
Total Points: 4 (Level 1)
Points earned this week: -6
---
Time to make another bogus account, loser.
EDIT:
';I have a BA in Finance and a Master's in Economics...';
I bet.
Here, however, you're all BS.
No they aren't. That's a lie. The oil companies already have 70 million acres of leases that they could start drilling tomorrow. They have reduced drilling and closed refineries to keep supply low and prices high.
Tell me, how does one dave America?
Best typo I've seen all day. Thanks for the laugh. The question was pretty funny too. Total BS, but funny nonethelesss.
yepp and Bill Clinton actually vetoed a bill that was for off shore drilling. So democrats are the whole reason for gas prices, they need to stop being such tree hugger mumbo jumbos
No, its the republican war machine?
yes
u are so ignorant.
How prepared were you for an oil crisis? Your family? How prepared was your immediate community?
During a crisis, being properly prepared for an emergency can make all the difference. The same can be said for having a strong network of friends and families that can face a difficult situation together.
Who do you have to turn to? How have those people responded?
What has your community done to in order to limit suffering and other long-term problems?How prepared were you for an oil crisis? Your family? How prepared was your immediate community?
There is no crisis yet. Gas is only $4 a gallon. I don't care about my community.How prepared were you for an oil crisis? Your family? How prepared was your immediate community?
I don't think anyone in the general population was prepared or had a clue.I know I wasn't and didn't and I watch several news a day.I don't think my community has done anything.We will depend on ourselves as anyone I know is not any better off as for being prepared.We will manage,that is what you do.
I've lived within 7.5 miles of work for 18 years and own a bike.
Oh, there is no crisis. It's the law of supply and demand (Economics 101). Everybody who blindly hops in their big gas guzzling SUV and heads up the road at 80 mph has no right to complain about high gas prices or 'think' there is a 'crisis'.
IF you want the price to come down, USE LESS OF IT.
totally unprepared.
Who do you have to turn to? How have those people responded?
What has your community done to in order to limit suffering and other long-term problems?How prepared were you for an oil crisis? Your family? How prepared was your immediate community?
There is no crisis yet. Gas is only $4 a gallon. I don't care about my community.How prepared were you for an oil crisis? Your family? How prepared was your immediate community?
I don't think anyone in the general population was prepared or had a clue.I know I wasn't and didn't and I watch several news a day.I don't think my community has done anything.We will depend on ourselves as anyone I know is not any better off as for being prepared.We will manage,that is what you do.
I've lived within 7.5 miles of work for 18 years and own a bike.
Oh, there is no crisis. It's the law of supply and demand (Economics 101). Everybody who blindly hops in their big gas guzzling SUV and heads up the road at 80 mph has no right to complain about high gas prices or 'think' there is a 'crisis'.
IF you want the price to come down, USE LESS OF IT.
totally unprepared.
Did you know the Democrats are responsible for our oil crisis?
It was the Democratic congress that stopped oil drilling, but all that is about to change... McCain is going to drill, drill, drill and use all kinds of energy innovations to dave America.
McCain/ Palin 2008-2016Did you know the Democrats are responsible for our oil crisis?
yes. they are not above prologing the suffering of the American people to make sure that Bush doesn't have something good happen during his presidency.
Palin was right - drilling isn't going to solve all of our problems, but that is no reason not to give it a shot and instead invest in programs that even big business won't touch.
Edit: NMMNG, what is the point of drilling in places where there is no oil? How does that do anything other than waste money that could be used productively?Did you know the Democrats are responsible for our oil crisis?
George Bush and his republican controlled congress for the 6 out of 8 years had plenty of opportunities to drill, drill, drill.
I do believe that Pelosi and her cronies should be fired and tried for treason for taking another vacation rather than hammering away an energy policy for the American people.
I think both parties are at fault.
Our oil crisis can be resolved by no longer being dependent on oil. Oil is a finite resource. Someday, it's going to run out, whether it's five years from now or fifty. There are other sources of energy that do just as well or better, and in a few years with the right financial and public support, the United States won't be relying on oil, either from the middle east or from our own land. What's so hard to understand about that?
This assertion is just as stupid as the one where people blame the President for high prices because he's tighten the strategic petrol reserves.
Let's get something straight: those idiots on CNN and FOX News, or wherever you got this idea from, are not economists and neither are you. And if you're quoting Kudlow %26amp; Co. when you say ';drill drill drill';, then you are listening to actual economists but you're still not seeing the whole picture here.
The price of oil is set by supply and demand. There are other interferences with, such as government taxes and the collusion of oligopolies, but for the most part it's not being bid down very much on the part of ordinary consumers.
Here's the real crisis of oil: The number of consumers of oil is increasingly growing faster than the already high growth rates in population. The problem is oil production isn't growing fast enough to keep pace.
This is where most people end up thinking ';drill drill drill'; will solve the problem and it could but I doubt it will. If we utilized our new fuel efficiently enough to focus on improving our fuel economy, then yes. But I would rather put my money on the chances that people will get excited about a brief moment where prices are low and go back to the way we were, completely abandoning the whole movement away from oil.
That's the real crisis, and I would be all for ';drill drill drill'; had our economy consisted of consumers smart enough to use it (or the advantages in other sectors that wouldn't be so upon its sacrafice) to invest in our future, wether it's nuclear, coal, natural gas, or energy alternatives, but instead I have the feeling we'll just crawl back into our hummers, keep building homes in the middle of nowhere, and completely forget about fuel economy.
Dude...the world is awash in oil. All you have to do is pay the people that own it from the ground to the pump what ever it is they ask. The republicans have no problem with the 'free market'. Encouraging oil producers to buy each other out, to raise or lower the price as they see fit, allowing them to avoid taxes is all a part of the wonderful world of the neo-con-man GOP. You 'wingers should be dancing in the street because the system that's robbing you works so well. It's certainly the system you voted for, so what's the prob? Holy US Army, Batman, 'our' government even used US troops and borrowed money to invade Iraq so these oil corporations can have access to product. What more do you want? Blaming the 'democrats'? You should shake their hand......the oil mafia is getting rich and you're taking it in the shorts. I sense a disconnect here. Give it a think!
No. It's not like the drilled up all the oil and started drinking it or something, just so we would have a shortage.
Drilling was ruining our Earth. (Sorry about sounding all hippie) and it's a proven scientific fact that drill right now won't change the gas prices for years and years to come.
WtF is ';Dave America?';
---
Member Since: June 27, 2008
Total Points: 4 (Level 1)
Points earned this week: -6
---
Time to make another bogus account, loser.
EDIT:
';I have a BA in Finance and a Master's in Economics...';
I bet.
Here, however, you're all BS.
No they aren't. That's a lie. The oil companies already have 70 million acres of leases that they could start drilling tomorrow. They have reduced drilling and closed refineries to keep supply low and prices high.
Tell me, how does one dave America?
Best typo I've seen all day. Thanks for the laugh. The question was pretty funny too. Total BS, but funny nonethelesss.
yepp and Bill Clinton actually vetoed a bill that was for off shore drilling. So democrats are the whole reason for gas prices, they need to stop being such tree hugger mumbo jumbos
No, its the republican war machine?
yes
u are so ignorant.
McCain/ Palin 2008-2016Did you know the Democrats are responsible for our oil crisis?
yes. they are not above prologing the suffering of the American people to make sure that Bush doesn't have something good happen during his presidency.
Palin was right - drilling isn't going to solve all of our problems, but that is no reason not to give it a shot and instead invest in programs that even big business won't touch.
Edit: NMMNG, what is the point of drilling in places where there is no oil? How does that do anything other than waste money that could be used productively?Did you know the Democrats are responsible for our oil crisis?
George Bush and his republican controlled congress for the 6 out of 8 years had plenty of opportunities to drill, drill, drill.
I do believe that Pelosi and her cronies should be fired and tried for treason for taking another vacation rather than hammering away an energy policy for the American people.
I think both parties are at fault.
Our oil crisis can be resolved by no longer being dependent on oil. Oil is a finite resource. Someday, it's going to run out, whether it's five years from now or fifty. There are other sources of energy that do just as well or better, and in a few years with the right financial and public support, the United States won't be relying on oil, either from the middle east or from our own land. What's so hard to understand about that?
This assertion is just as stupid as the one where people blame the President for high prices because he's tighten the strategic petrol reserves.
Let's get something straight: those idiots on CNN and FOX News, or wherever you got this idea from, are not economists and neither are you. And if you're quoting Kudlow %26amp; Co. when you say ';drill drill drill';, then you are listening to actual economists but you're still not seeing the whole picture here.
The price of oil is set by supply and demand. There are other interferences with, such as government taxes and the collusion of oligopolies, but for the most part it's not being bid down very much on the part of ordinary consumers.
Here's the real crisis of oil: The number of consumers of oil is increasingly growing faster than the already high growth rates in population. The problem is oil production isn't growing fast enough to keep pace.
This is where most people end up thinking ';drill drill drill'; will solve the problem and it could but I doubt it will. If we utilized our new fuel efficiently enough to focus on improving our fuel economy, then yes. But I would rather put my money on the chances that people will get excited about a brief moment where prices are low and go back to the way we were, completely abandoning the whole movement away from oil.
That's the real crisis, and I would be all for ';drill drill drill'; had our economy consisted of consumers smart enough to use it (or the advantages in other sectors that wouldn't be so upon its sacrafice) to invest in our future, wether it's nuclear, coal, natural gas, or energy alternatives, but instead I have the feeling we'll just crawl back into our hummers, keep building homes in the middle of nowhere, and completely forget about fuel economy.
Dude...the world is awash in oil. All you have to do is pay the people that own it from the ground to the pump what ever it is they ask. The republicans have no problem with the 'free market'. Encouraging oil producers to buy each other out, to raise or lower the price as they see fit, allowing them to avoid taxes is all a part of the wonderful world of the neo-con-man GOP. You 'wingers should be dancing in the street because the system that's robbing you works so well. It's certainly the system you voted for, so what's the prob? Holy US Army, Batman, 'our' government even used US troops and borrowed money to invade Iraq so these oil corporations can have access to product. What more do you want? Blaming the 'democrats'? You should shake their hand......the oil mafia is getting rich and you're taking it in the shorts. I sense a disconnect here. Give it a think!
No. It's not like the drilled up all the oil and started drinking it or something, just so we would have a shortage.
Drilling was ruining our Earth. (Sorry about sounding all hippie) and it's a proven scientific fact that drill right now won't change the gas prices for years and years to come.
WtF is ';Dave America?';
---
Member Since: June 27, 2008
Total Points: 4 (Level 1)
Points earned this week: -6
---
Time to make another bogus account, loser.
EDIT:
';I have a BA in Finance and a Master's in Economics...';
I bet.
Here, however, you're all BS.
No they aren't. That's a lie. The oil companies already have 70 million acres of leases that they could start drilling tomorrow. They have reduced drilling and closed refineries to keep supply low and prices high.
Tell me, how does one dave America?
Best typo I've seen all day. Thanks for the laugh. The question was pretty funny too. Total BS, but funny nonethelesss.
yepp and Bill Clinton actually vetoed a bill that was for off shore drilling. So democrats are the whole reason for gas prices, they need to stop being such tree hugger mumbo jumbos
No, its the republican war machine?
yes
u are so ignorant.
What measures have governments taken to reduce our dependence on the middle-east since the 1973 oil crisis?
Apart from invading iraqWhat measures have governments taken to reduce our dependence on the middle-east since the 1973 oil crisis?
Very little. And invading Iraq did more to increase our dependence on foreign oil.
The Saudi's alone, own more than a trillion dollars worth of the US. You could walk around for days in NYC in buildings owned by *one* saudi. That buys a lot of political power and propaganda. Mr George W Bush, and his father, have done business with the Saudi's for 30 years. But we can't talk about that, sshhh.What measures have governments taken to reduce our dependence on the middle-east since the 1973 oil crisis?
They have done nothing but political posturing, restricting drilling and completely barring all new refineries.
Invading Iraq????? Where's the oil that the marxists democrats said that we went there for and stole from them???? The left can't show one drop of oil that we stole from their beloved terrorist nation!
I was twenty in 73', I remember the mess all to well. Well, two or three years ago GM announced they were coming out with a new line of full sized vehicles. Is that what you meant?
We've done next to nothing. Contrary to popular opinion, not a single oil company applied to the federal government to build a new refinery since 76'. As we all now know with decades of hindsight, there was no oil shortage. There is none now. If you could control a commodity that almost everyone on earth used, wouldn't you? Why would you spend any money you didn't deem necessary? Why would you create more supply when better yet, you could create more demand? Before OPEC squeezed our balls, ( assisted by our own government and oil industry ) gasoline was really cheap. I remember gas wars in 70/71 where gas was fifteen, fourteen, thirteen cents a gallon, depending on how many gas stations were at an intersection. We are being raped by our government and this administration and the oil industry in this country is gleefully playing along with them and they're all laughing all the way to the bank.
Absolutely NOTHING. This debate has been going on for too too long. IF our Politicians would have let this Country go after its own resources way back when, we would NOT be in the predicament we are now.
LET'S GET OUR OWN RESOURCES, period. Not to do so, is just plain stupidity. I fully blame our Politicians for the crisis we are approaching fast. We CAN get our own oil/gas/coal and STILL go after alternatives. Nothing else, in my opinion, will do.
I further am beginning to believe, that the socialists in our Political arena WILL BRING THIS COUNTRY TO ITS KNEES in short time.
Let's take back our Country, take back our Government by VOTING WISELY FOLKS. That means voting for those OTHER THAN THE CHOICE BETWEEN THE TWO EVILS. (We have been doing this for how long now, and look where it has gotten us and our Country)
WAKE UP AMERICA
Investing in the Russian, Canadian, and Mexican oil industries. (referring to right after the oil crises)
Ronnie said no to expanded drilling, as did DADDY, %26amp; little georgie has gone along with the neocon agenda.
Fuel efficient cars (government mandated).
you got my answer
N O N Ehonda finance
Very little. And invading Iraq did more to increase our dependence on foreign oil.
The Saudi's alone, own more than a trillion dollars worth of the US. You could walk around for days in NYC in buildings owned by *one* saudi. That buys a lot of political power and propaganda. Mr George W Bush, and his father, have done business with the Saudi's for 30 years. But we can't talk about that, sshhh.What measures have governments taken to reduce our dependence on the middle-east since the 1973 oil crisis?
They have done nothing but political posturing, restricting drilling and completely barring all new refineries.
Invading Iraq????? Where's the oil that the marxists democrats said that we went there for and stole from them???? The left can't show one drop of oil that we stole from their beloved terrorist nation!
I was twenty in 73', I remember the mess all to well. Well, two or three years ago GM announced they were coming out with a new line of full sized vehicles. Is that what you meant?
We've done next to nothing. Contrary to popular opinion, not a single oil company applied to the federal government to build a new refinery since 76'. As we all now know with decades of hindsight, there was no oil shortage. There is none now. If you could control a commodity that almost everyone on earth used, wouldn't you? Why would you spend any money you didn't deem necessary? Why would you create more supply when better yet, you could create more demand? Before OPEC squeezed our balls, ( assisted by our own government and oil industry ) gasoline was really cheap. I remember gas wars in 70/71 where gas was fifteen, fourteen, thirteen cents a gallon, depending on how many gas stations were at an intersection. We are being raped by our government and this administration and the oil industry in this country is gleefully playing along with them and they're all laughing all the way to the bank.
Absolutely NOTHING. This debate has been going on for too too long. IF our Politicians would have let this Country go after its own resources way back when, we would NOT be in the predicament we are now.
LET'S GET OUR OWN RESOURCES, period. Not to do so, is just plain stupidity. I fully blame our Politicians for the crisis we are approaching fast. We CAN get our own oil/gas/coal and STILL go after alternatives. Nothing else, in my opinion, will do.
I further am beginning to believe, that the socialists in our Political arena WILL BRING THIS COUNTRY TO ITS KNEES in short time.
Let's take back our Country, take back our Government by VOTING WISELY FOLKS. That means voting for those OTHER THAN THE CHOICE BETWEEN THE TWO EVILS. (We have been doing this for how long now, and look where it has gotten us and our Country)
WAKE UP AMERICA
Investing in the Russian, Canadian, and Mexican oil industries. (referring to right after the oil crises)
Ronnie said no to expanded drilling, as did DADDY, %26amp; little georgie has gone along with the neocon agenda.
Fuel efficient cars (government mandated).
you got my answer
N O N E
What is Peak of oil crisis? How this reflects in the global economy?
Please be specific without copy and paste or add links. I will give 10 points to the best answer.What is Peak of oil crisis? How this reflects in the global economy?
I think you mean ';Peak Oil,'; which isn't a crisis, it is a geologic and technology issue. Peak oil essentially says that forward annual oil production can only decline. I looked up an estimate of the equation, which is a differential equation, essentially looking at the rate of production change over time using non-linear least squares estimation. We have probably past the peak, so oil will continuously decline while at the same time, demand is rising, making prices very elastic.
The price of oil will rise faster than other prices, making it a larger and larger component of all expenditures, until a good substitute is found. In particular, socialist governments will find it increasingly difficult to manage their economies and may fail or have revolutions. Previously stable democracies may find it difficult to continue functioning and food will likely become scarce. All of this assumes no changes in technology, birth rates, converting existing farming techniques for use with small family farms in poor regions and no good substitutes for oil. Substitution effects will mitigate this substantially.
One equation being used to estimate peak oil is:
z'(t)=(p+qz(t)/m)(m-z(t))x(t). At peak oil z'(t)=0.
z(t) is the cumulative function of oil production and x(t) is a function of ';control variables,'; essentially the environmental variables.
The parameters of m have been estimated at 1524. p has been estimated at .00010439 and q at .063497.
x(t) is somewhat controversial in structure and you have to be a geologist or an energy economist to argue over its functional form.
I can simplify the above equation by pointing out that z'(t) is a quadratic loss function in z(t). In other words it is like an upside down parabola multiplied by the control function which essentially elongates and distorts it. Which, if you have not had the algebra, is essentially the equation of throwing something up in the air on a windy day and finding its actual path based on its wind resistance. When it hits its peak in the air, that is the same idea as peak oil.What is Peak of oil crisis? How this reflects in the global economy?
Peak Oil is simply the point on a supply curve where half of the total available supply has been extracted. This is a fixed effect of existence in a closed system. The ';crisis'; that you speak of however is a socio-political creation. Expansion--%26gt;Peak--%26gt;Contraction is inevitable with any finite resource (we can speak of peak Coal in a few hundred years, or even peak Uranium, if the US decides to bolster it's power grid with hundreds of new nuclear plants (please God, no)). How we as a society react to this impending and inevitable reality frames the degree of ';crisis'; we will experience. Unfortunately, we in North America have done precisely the opposite of what would be needed to smooth the transition down the contraction side of the curve: We've increased our demand and reliance on oil without developing significant alternatives. Practically everything produced in our society is either an oil derivative or transported with the help of oil. The later we wait to make the necessary transition, the more difficult it will be to do so, thus amplifying the 'crisis' element. Since most commodities rely to some degree on oil or oil transport, I cannot envision a post-peak world economy surviving unscathed. Virtually all economic systems will be severely shaken. Globalization as we know it will transform to more local economic relationships. This is inevitable unless a truly remarkable breakthrough energy source to displace oil is discovered. Many believe that this is highly unlikely.
I think you mean ';Peak Oil,'; which isn't a crisis, it is a geologic and technology issue. Peak oil essentially says that forward annual oil production can only decline. I looked up an estimate of the equation, which is a differential equation, essentially looking at the rate of production change over time using non-linear least squares estimation. We have probably past the peak, so oil will continuously decline while at the same time, demand is rising, making prices very elastic.
The price of oil will rise faster than other prices, making it a larger and larger component of all expenditures, until a good substitute is found. In particular, socialist governments will find it increasingly difficult to manage their economies and may fail or have revolutions. Previously stable democracies may find it difficult to continue functioning and food will likely become scarce. All of this assumes no changes in technology, birth rates, converting existing farming techniques for use with small family farms in poor regions and no good substitutes for oil. Substitution effects will mitigate this substantially.
One equation being used to estimate peak oil is:
z'(t)=(p+qz(t)/m)(m-z(t))x(t). At peak oil z'(t)=0.
z(t) is the cumulative function of oil production and x(t) is a function of ';control variables,'; essentially the environmental variables.
The parameters of m have been estimated at 1524. p has been estimated at .00010439 and q at .063497.
x(t) is somewhat controversial in structure and you have to be a geologist or an energy economist to argue over its functional form.
I can simplify the above equation by pointing out that z'(t) is a quadratic loss function in z(t). In other words it is like an upside down parabola multiplied by the control function which essentially elongates and distorts it. Which, if you have not had the algebra, is essentially the equation of throwing something up in the air on a windy day and finding its actual path based on its wind resistance. When it hits its peak in the air, that is the same idea as peak oil.What is Peak of oil crisis? How this reflects in the global economy?
Peak Oil is simply the point on a supply curve where half of the total available supply has been extracted. This is a fixed effect of existence in a closed system. The ';crisis'; that you speak of however is a socio-political creation. Expansion--%26gt;Peak--%26gt;Contraction is inevitable with any finite resource (we can speak of peak Coal in a few hundred years, or even peak Uranium, if the US decides to bolster it's power grid with hundreds of new nuclear plants (please God, no)). How we as a society react to this impending and inevitable reality frames the degree of ';crisis'; we will experience. Unfortunately, we in North America have done precisely the opposite of what would be needed to smooth the transition down the contraction side of the curve: We've increased our demand and reliance on oil without developing significant alternatives. Practically everything produced in our society is either an oil derivative or transported with the help of oil. The later we wait to make the necessary transition, the more difficult it will be to do so, thus amplifying the 'crisis' element. Since most commodities rely to some degree on oil or oil transport, I cannot envision a post-peak world economy surviving unscathed. Virtually all economic systems will be severely shaken. Globalization as we know it will transform to more local economic relationships. This is inevitable unless a truly remarkable breakthrough energy source to displace oil is discovered. Many believe that this is highly unlikely.
Why do Bush and McBush see drilling as the only solution to the oil crisis?
How can you tell them apart, maybe they could wear different shoes or something. I like it when the little pink one hugs the other one.Why do Bush and McBush see drilling as the only solution to the oil crisis?
Seeing how drilling in ANWAR wouldn't even significantly add to the domestic oil supply until 2018, I don't see how anyone in their right mind could tout this as a solution to the current energy crisis.Why do Bush and McBush see drilling as the only solution to the oil crisis?
Because drilling is how you get more oil. Ethanol from corn is not as efficient as gasoline. As a matter of fact it takes oil to make ethanol since most fertilizers are made from it. if you were to calculate the energy contained in the amount of gasoline that could be derived from the oil used to fertilize corn fields, it would exceed that that could be derived from the ethanol that field would produce.
you want an ethanol based nation? than use genetically tailored algae it grows much faster and doesn't need additives. not to mention that we would no longer be competing with our food supply.
but that fact is that we are not ready for the switch to ethanol. the average car cannot run off it alone.
and so oil is still a nessesity. and in the meantime our options are buy it from countries that hate us or drill our own. the democratic congress and the environmentalists have been blocking drilling for decades..
sure nature is pretty but we need oil to sustain our civilization we can try to make oil cleaner but until we are all driving electric cars charged off a power grid supplied by fusion power ... nature can take one for the team
Maybe because GOP has come to stand for Greedy Oilman's Party? Congress authorized exploration and development of millions of acres both in Alaska and offshore back during the Clinton administration, the oil companies just never bothered to exploit them. In the long run the only real solutions involve drastic and painful changes in the lifestyles of the U.S. people, akin to the ones the Europeans made in the '80s when this happened the last time. Right now we're like junkies who can't afford their fix and are screaming for cheaper dope.
You're right. We should never drill for oil. We need to keep buying it from the middle east, and keep spending American blood to keep the peace there so we can buy the oil. Or we could just all ride bicycles. Farmers can go back to plowing their fields with horses and mules. We can have solar powered trains and wind powered trucks to bring our food to the market. And we all know that BIG OIL spent billions of dollars leasing 66 million acres so they can just let us sit idle so they ,can deceive us. Because they had nothing better to spend billions of dollars on. Republicans just don't understand the economy like us educated democrats, we have no use for oil. We can all just ride our bicycles.
because almost all of McCain's funding for his campain has come from...oil lobbyists
http://therealmccain.com/
also lifting the ban for offshore drilling isnt going to solve the crisis any time soon,it will be atleast 10 years till we see the effects,he was once serious about climate change,now he is a whore for the oil industry.
obama has long term solutions
http://www.barackobama.com/issues/energy鈥?/a>
The reality of supply and demand. If we can supply...then the demand from other countries (including ourselves) has the possibillity of decreasing. Thus putting less $$$ in their pockets. They will lower the price to be more competitive with other markets (current or potential). If the cost is more reasonable...then the US can decide if they should proceed or if they can hold off on drilling. If you see your major export possibly decreasing even if it might be in 30 years...you would be wise to try and prevent that now. It has nothing to do with democrat or republican....it is demand vs. supply....you have to follow the $$$$....its all about the $$$
Wish they would wake up to themselves and stop deceiving others by pretending they don't have oil when they do and it's capped, why don't they try uncapping the oil they know they have. Wake up people, they are deceiving you.
The link below is old but relevant for today.
Well, tell them apart by the fact that President Bush supports drilling in ANWR, Senator McCain does not.
Second, why are those people who are so dead set against drilling the first ones to cry that the USA went into Iraq for oil, no blood for oil, yet your denial of us drilling in our own territories is bound to keep us in the Middle East longer? Do you approve of financing your enemies?
I don't give a damn that gas is $4.00...let it go to $5.00...just keep that money in the USA and let OPEC eat sand!
Because they are not content with the billions paid to Halliburton and other cronies. They want to squeeze every dime to their buddies while they are still in power. I am sick of the USA being the Bush cash cow. Bush for 8 years has been bad enough but 4 more for McBush is unthinkable.
Show me where Bush or McCain said ';ONLY solution';!
They want the drilling because it's the fastest way to become independant but both have stated that it's a very short-term solution and alternative energies must be looked into. The drilling will give us time to do that.
because they are big time liars and that's what they're good at. Don't let it bother yout too much they love to lie about how off shore drilling will solve all our problems because it wont.
The article I attached exposes the truth about off shore drilling and how it actually will do little in the way of helping anyone.
Who says they see it as the ONLY solution? But a smart leader will want to cover as many possibilities as he can. To ignore drilling, WHILE exploring other possibilities would be asinine. What don't you get about that logic?
Because doing it the Democrat way for the last 30 years isn't working, it's time for a change...
We only controlled congress for 2 years and did not have a Conservative majority many were RINO's
Because they are in bed with the oil companies.
The oil companies were mad that the other bush stopped off shore drilling and will give bush and mcbush ';perks'; for opening the drilling back up.
Can you think of anything else . Either that continue bombming other country who have them. Now can you understand why he did what he did to all the people in America. Mainland.
we need to control our own oil reserves and keep ourselves away from foreign oil which is slowly killing this country, we are not used to paying over $4.00 bucks a gallon and it's dragging this whole country into the crapper.
More Oil Supply will lower Prices. Basic Economics 101- You would know that if you didn't drop out of school!
Because...ummm...oil is in the ground.
I hope your talking about offshore drilling. If so, it's good for Bush and all his little buddies in the oil industry to make huge profits. As for McCain....he just doesn't know why....an adviosor probably told him that was the best thing to do.
Seeing how drilling in ANWAR wouldn't even significantly add to the domestic oil supply until 2018, I don't see how anyone in their right mind could tout this as a solution to the current energy crisis.Why do Bush and McBush see drilling as the only solution to the oil crisis?
Because drilling is how you get more oil. Ethanol from corn is not as efficient as gasoline. As a matter of fact it takes oil to make ethanol since most fertilizers are made from it. if you were to calculate the energy contained in the amount of gasoline that could be derived from the oil used to fertilize corn fields, it would exceed that that could be derived from the ethanol that field would produce.
you want an ethanol based nation? than use genetically tailored algae it grows much faster and doesn't need additives. not to mention that we would no longer be competing with our food supply.
but that fact is that we are not ready for the switch to ethanol. the average car cannot run off it alone.
and so oil is still a nessesity. and in the meantime our options are buy it from countries that hate us or drill our own. the democratic congress and the environmentalists have been blocking drilling for decades..
sure nature is pretty but we need oil to sustain our civilization we can try to make oil cleaner but until we are all driving electric cars charged off a power grid supplied by fusion power ... nature can take one for the team
Maybe because GOP has come to stand for Greedy Oilman's Party? Congress authorized exploration and development of millions of acres both in Alaska and offshore back during the Clinton administration, the oil companies just never bothered to exploit them. In the long run the only real solutions involve drastic and painful changes in the lifestyles of the U.S. people, akin to the ones the Europeans made in the '80s when this happened the last time. Right now we're like junkies who can't afford their fix and are screaming for cheaper dope.
You're right. We should never drill for oil. We need to keep buying it from the middle east, and keep spending American blood to keep the peace there so we can buy the oil. Or we could just all ride bicycles. Farmers can go back to plowing their fields with horses and mules. We can have solar powered trains and wind powered trucks to bring our food to the market. And we all know that BIG OIL spent billions of dollars leasing 66 million acres so they can just let us sit idle so they ,can deceive us. Because they had nothing better to spend billions of dollars on. Republicans just don't understand the economy like us educated democrats, we have no use for oil. We can all just ride our bicycles.
because almost all of McCain's funding for his campain has come from...oil lobbyists
http://therealmccain.com/
also lifting the ban for offshore drilling isnt going to solve the crisis any time soon,it will be atleast 10 years till we see the effects,he was once serious about climate change,now he is a whore for the oil industry.
obama has long term solutions
http://www.barackobama.com/issues/energy鈥?/a>
The reality of supply and demand. If we can supply...then the demand from other countries (including ourselves) has the possibillity of decreasing. Thus putting less $$$ in their pockets. They will lower the price to be more competitive with other markets (current or potential). If the cost is more reasonable...then the US can decide if they should proceed or if they can hold off on drilling. If you see your major export possibly decreasing even if it might be in 30 years...you would be wise to try and prevent that now. It has nothing to do with democrat or republican....it is demand vs. supply....you have to follow the $$$$....its all about the $$$
Wish they would wake up to themselves and stop deceiving others by pretending they don't have oil when they do and it's capped, why don't they try uncapping the oil they know they have. Wake up people, they are deceiving you.
The link below is old but relevant for today.
Well, tell them apart by the fact that President Bush supports drilling in ANWR, Senator McCain does not.
Second, why are those people who are so dead set against drilling the first ones to cry that the USA went into Iraq for oil, no blood for oil, yet your denial of us drilling in our own territories is bound to keep us in the Middle East longer? Do you approve of financing your enemies?
I don't give a damn that gas is $4.00...let it go to $5.00...just keep that money in the USA and let OPEC eat sand!
Because they are not content with the billions paid to Halliburton and other cronies. They want to squeeze every dime to their buddies while they are still in power. I am sick of the USA being the Bush cash cow. Bush for 8 years has been bad enough but 4 more for McBush is unthinkable.
Show me where Bush or McCain said ';ONLY solution';!
They want the drilling because it's the fastest way to become independant but both have stated that it's a very short-term solution and alternative energies must be looked into. The drilling will give us time to do that.
because they are big time liars and that's what they're good at. Don't let it bother yout too much they love to lie about how off shore drilling will solve all our problems because it wont.
The article I attached exposes the truth about off shore drilling and how it actually will do little in the way of helping anyone.
Who says they see it as the ONLY solution? But a smart leader will want to cover as many possibilities as he can. To ignore drilling, WHILE exploring other possibilities would be asinine. What don't you get about that logic?
Because doing it the Democrat way for the last 30 years isn't working, it's time for a change...
We only controlled congress for 2 years and did not have a Conservative majority many were RINO's
Because they are in bed with the oil companies.
The oil companies were mad that the other bush stopped off shore drilling and will give bush and mcbush ';perks'; for opening the drilling back up.
Can you think of anything else . Either that continue bombming other country who have them. Now can you understand why he did what he did to all the people in America. Mainland.
we need to control our own oil reserves and keep ourselves away from foreign oil which is slowly killing this country, we are not used to paying over $4.00 bucks a gallon and it's dragging this whole country into the crapper.
More Oil Supply will lower Prices. Basic Economics 101- You would know that if you didn't drop out of school!
Because...ummm...oil is in the ground.
I hope your talking about offshore drilling. If so, it's good for Bush and all his little buddies in the oil industry to make huge profits. As for McCain....he just doesn't know why....an adviosor probably told him that was the best thing to do.
Subscribe to:
Posts (Atom)