Bush lifts executive ban on offshore drilling

[BigJon3475]

http://news.yahoo.com/s/ap/20080714/ap_on_go_pr_wh/bush



Finally.....please write your leaders and make sure they don't screw it up.

No I don't think this solves energy problem but it's a helping hand to an already tight times.

[k-fridge]

Good for Dubya. I agree that it's not a fix all, but a step in the right direction.

It will be interesting to see what the Dems do now.

[mrs reb77]

And to think, this executive order was signed by his father. :o Hopefully congress will see their way to changing the law as well.

Guess everyone heard that more of corporate America was lost to non-American companies over the weekend?

http://ap.google.com/article/ALeqM5jK1tY9DhEO2iWNtESnUfSflad7GwD91TOJH00


beer and waffles anyone?

[tunnel_rat]

Better late than never. Now if Congress'll get their collective heads out where the sun DOES shine, they'll do the right thing for the country for a change........

[glennac]

Why did he wait till now when we are paying in gold for our gas to lift the ban? You think he was a wacko Democrat.

[BigJon3475]

Better late than never. Now if Congress'll get their collective heads out where the sun DOES shine, they'll do the right thing for the country for a change........

You can always count on Americans to do the right thing.....after they have exhausted every other possibility.

[Remodeltdt01]

Opening up areas for exploration only delays what we have to do - make ourselves less dependent on oil. The US estimated reserves are enough to last about 11 years. Even if they started drilling tommorow gas would still be $4+/gallon and rising.

It's a step forward but a tiny baby step when we need giant steps.

[coolwhip]

Even if we did have 10 new refineries by tomorrow, that oil does not go directly to us, it goes into the world market and is available to China, India, any many other countries.
Don't ask me why, but that's the way it is. Who's responsible....you never can get to the one.

[Remodeltdt01]

Even if we did have 10 new refineries by tomorrow, that oil does not go directly to us, it goes into the world market and is available to China, India, any many other countries.
Don't ask me why, but that's the way it is. Who's responsible....you never can get to the one.

But at least opening up offshore drilling will make GW's friends happy!

[acmanko]

fools hoping a bigger fool will save them

[mrs reb77]

Why did he wait till now when we are paying in gold for our gas to lift the ban? You think he was a wacko Democrat.

This is only part of the equation though. There is a law preventing it that will have to be surpassed as well as any individual state adjacent to the proposed areas will have to approve.
George is not to blame on this but he has taken the first step to opening it.

[acmanko]

great. exxon , shell and the others will be able to sell us our oil for 145+ a barrel. quit complaining and drive less(what Bush said to do) park your gas guzzler and drive something more economical.end of discussion.

[mrs reb77]

And if you don't drive a gas guzzler? :o

You're just all depressed because someone is actually trying to do something about the price of oil. Y'all always wanna say 'do something' but you never have the answer as to what 'something' is to be done and then, if someone does 'do something' it just won't be enough.

I'll bet you cry over spilt milk too. And then blame Bush for it.

[acmanko]

no, I don't cry over spilled milk, I use the 2 second rule. my point is, if oil is going to cost 145 a barrel, what difference does it matter were it comes from. better to leave US oil in the ground and let the others sell theirs till its gone.

[mrs reb77]

Increasing the supply will hopefully reduce the price.
The oil goes into the available pool, it doesn't mean it all goes over seas! :eek:

Oh, and Mythbusters busted that 2 second rule. If it's dropped or spilled, don't pick it up period!! It's just as nasty if 1 second or 10.

[Remodeltdt01]

no, I don't cry over spilled milk, I use the 2 second rule. my point is, if oil is going to cost 145 a barrel, what difference does it matter were it comes from. better to leave US oil in the ground and let the others sell theirs till its gone.

Exactly. That oil (like the reserve) should be for emergencies, not to save us a few cents at the pump.

[whec720]

no, I don't cry over spilled milk, I use the 2 second rule. my point is, if oil is going to cost 145 a barrel, what difference does it matter were it comes from. better to leave US oil in the ground and let the others sell theirs till its gone.

Okay......so when the "others" tap their oil dry, who do we buy the oil from? Your logic, ours would still be in the ground, with no drilling mechanisms to get to it. That's real genius..:p:D

[whec720]

Exactly. That oil (like the reserve) should be for emergencies, not to save us a few cents at the pump.

What emergencies would that be? Who decides what is an emergency? Gotta think outside of the talking points from them lib blogs.:rolleyes:

[acmanko]

the 2 second rule has saved me more than 4.00 gas has cost me, over the last 54 years.

[Remodeltdt01]

What emergencies would that be? Who decides what is an emergency? Gotta think outside of the talking points from them lib blogs.:rolleyes:

Saving a few cents at the pump is not an emergency. :rolleyes:

[mrs reb77]

First everyone's argument is that it will take too long to get it drilled and into use to help out now and then everyone wants to wait for an emergency.

No logic. :confused:

[BigJon3475]

I don't think "we" understand....we need 15-20 years to develop a comprehensive alternative fuel program and start it's implementation. The price of gas at $4.00/$5.00 gallon henders that.

Our only problem will be if people put their blinders on when gas prices become more realistic.

Although I disagreed in a previous thread about speculation causing high gas prices I must now disagree with myself. Investors seeing a cash cow has caused way over inflated prices on oil and we will see it now start to settle down because of Mr. Bush' decision. Scare the stock brokers from buying like there is no tomorrow for assured profits and make it less desirable as a profit commodity. They will stabilize. there is no other reasoning behind the insanely high rise in gas other than investing as usual. I feel once the price sgtarts dropping the interest in the oil will slow down slightly bring the price back into perspective.

I think 4/5/6 dollars a gallon is a emergency.

Don't forget the entire world runs on oil from the plastic we use to the gas we use to transport it. The entire cost of that consequence is trickled down to the US consumer and we are paying out the the ying yang......trade for for oil?

[acmanko]

4.00 gas is not an emergency
5.00 gas is not an emergency
6.00 gas is not an emergency
a war of ideas on a global scale is an emergency

[BigJon3475]

What goes up with the price of oil?

Food because of delivery fees.
The service industry.
Plastics.
Air plane tickets.


All of those effect consumer spending and outlook......I'm sure I missed the other 100 things effected by high gas prices.

[acmanko]

prices have been going up for centuries, nothing new there.

[desto1]

if the us dollar had any value,we would not be paying 4.00 a gallon for gas.we need not worry about drilling,we need to focus on the criminal federal reserve

[whec720]

prices have been going up for centuries, nothing new there.

So has the ability to pay. Some have it, some not. If prices rise faster than the publics ability to pay, you got problems. However, long term, the free market will work it out. You have to let it though. Talk to your Dem buddies in Congress about that. They have the majority, the big shots they are.:p

[mrs reb77]

if the us dollar had any value,we would not be paying 4.00 a gallon for gas.we need not worry about drilling,we need to focus on the criminal federal reserve

So why is 'petrol' so expensive per 'liter' in England (and always has been)?

[whec720]

if the us dollar had any value,we would not be paying 4.00 a gallon for gas.we need not worry about drilling,we need to focus on the criminal federal reserve

That is another factor in the equation, one of many things.


And yeah, not a big fan of the FED either.;)

[Remodeltdt01]

So why is 'petrol' so expensive per 'liter' in England (and always has been)?

Taxes. Why? Maybe they wanted to force the public to be less reliant on oil and to do something to protect their trade balances (I don't know for sure, but it makes sense).


The US public has enjoyed cheap oil, much cheaper than in most other countries.

[mrs reb77]

My post was in response to the 'dollar value' post regarding the price of oil. There are many factors to be sure, the value of currency is surely one of them, just not the end all be all.

[everythingair]

Taxes. Why? Maybe they wanted to force the public to be less reliant on oil and to do something to protect their trade balances (I don't know for sure, but it makes sense).


The US public has enjoyed cheap oil, much cheaper than in most other countries.

Americans also drive a lot more due to having a larger area of work and social functioning. American's will not put up with being taxed as much as Europeans or Asians simply because it would be a greater impact on the American citizen's way of life then it is on others in the world.

[Remodeltdt01]

Americans also drive a lot more due to having a larger area of work and social functioning. American's will not put up with being taxed as much as Europeans or Asians simply because it would be a greater impact on the American citizen's way of life then it is on others in the world.

True. That's why we're feeling the pain more than others.
Our entire infrastructure is set up for the car. Unfortunately that much moving around uses that much more energy and it will only get more expensive. :(

[climinthewall]

Now if only the wages and benefits would rise with the cost of living,(which is partially driven by oil prices),
maybe Americans would be able to pay for our services... and business would be a hell of a lot better.

[acmanko]

if you are feeling pain at the pump its because you are driving around in a huge overpowered vehicle that is good only for an ego. I have no pity on the automobile companies or the egotistical manics that bought into their greed.

[climinthewall]

Well that may be true for many Americans, but the fuel prices aren't doing any good for us small companies who must drive trucks and vans heavy with parts and tools.

[acmanko]

Well that may be true for many Americans, but the fuel prices aren't doing any good for us small companies who must drive trucks and vans heavy with parts and tools. just because thats the way it's always been done doesn't mean you have to drive a loaded van, times are changing and those that don't change with the times will soon see their demise.

[mrs reb77]

if you are feeling pain at the pump its because you are driving around in a huge overpowered vehicle that is good only for an ego. I have no pity on the automobile companies or the egotistical manics that bought into their greed.

You Ass-u-me a lot don'cha?

I think we've been here before though....deja vu.....:rolleyes:

[fixacr]

Nancy Pelosi called it "the Bush plan". Most Democrats won't look any further.

[Remodeltdt01]

Well that may be true for many Americans, but the fuel prices aren't doing any good for us small companies who must drive trucks and vans heavy with parts and tools.

That's why the Joe 6pack consumer hasn't really felt the full effects of the price increases yet. Small companies are forced to raise their prices or go out of business.

There's a ripple effect that will be going on for months. First it's gas, then the price of equipment, the added cost of more efficient vehicles, etc. The pain at the pump is just the beginning.

[acmanko]

You Ass-u-me a lot don'cha?

I think we've been here before though....deja vu.....:rolleyes:I'm smitten:o

[bluestone]

What goes up with the price of oil?

Food because of delivery fees.
The service industry.
Plastics.
Air plane tickets.

Trade deficit
National debt
our enemies bank accounts

What goes down?

The dollar
The U.S.s ability to remain the worlds economic engine
Our ability to compete
The global economy

It ain't just about our gas tanks, if we continue on this path eventually we well reach a tipping point. If you like the thought of not having employment, and living in a third world country, let's not drill.

One good thing about these high fuel prices is, it's making all the shallow thinker realize we got a problem that needs solutions. Solutions we won't find if we are all struggling to exist.

Deep thinkers realize we need to increase our own petrolium production in the short term to get to long term solutions. But if we get a short term fix let's not take our eyes off the prize as we like to do in this country because we are so wedded to instant gratification.

real energy solutions now, drilling, nukes, small scale solar and wind, large scale wind

[acmanko]

most of the deep thinkers are stuck with Gas guzzelers from Bush's pact with small business. the pact where they could deduct up to 100 grand for buying Tahoes, Escalades and Expeditions and now they are in deep thought about how this situation they are in could have happened.

[k-fridge]

most of the deep thinkers are stuck with Gas guzzelers from Bush's pact with small business. the pact where they could deduct up to 100 grand for buying Tahoes, Escalades and Expeditions and now they are in deep thought about how this situation they are in could have happened.
The deduction was actually to help business buy trucks. The big SUVs got in there because they are truck based vehicles.

[acmanko]

The deduction was actually to help business buy trucks. The big SUVs got in there because they are truck based vehicles.You are still stuck with them, and they are worth about 55 cents on a dollar if you can get someone to trade and about 140 to fill up.

[k-fridge]

You are still stuck with them, and they are worth about 55 cents on a dollar if you can get someone to trade and about 140 to fill up.
True, value is down, but they will come back. I have no regrets about buying mine, wasn't a company vehicle though so I didn't get the deduction.

[acmanko]

True, value is down, but they will come back. I have no regrets about buying mine, wasn't a company vehicle though so I didn't get the deduction.
Its odd that you think they will return to favor. GM and Ford are selling the farm on them, even Toyota suspended pruduction of the Tundra.

[k-fridge]

Its odd that you think they will return to favor. GM and Ford are selling the farm on them, even Toyota suspended production of the Tundra.
We've been through worse in the 70's and the gas guzzlers came back. The Suburban has been in production since the 60's (I think) and will be around for a lot longer.

[acmanko]

We've been through worse in the 70's and the gas guzzlers came back. The Suburban has been in production since the 60's (I think) and will be around for a lot longer.true, but gas went from 30cents to 60 cents and you could only by 3.00 at a time. that wont get 1 gallon today, so its not quite the same.

[Remodeltdt01]

true, but gas went from 30cents to 60 cents and you could only by 3.00 at a time. that wont get 1 gallon today, so its not quite the same.

Actually that sounds much worse. At least today you can buy as much as you want (and can afford ;) ).

[RoBoTeq]

You are still stuck with them, and they are worth about 55 cents on a dollar if you can get someone to trade and about 140 to fill up.
How does the small business owners finding a loophole in an incentive for buying trucks become a "pact" between President Bush and small business owners?

The small business owners who snuck in their personal use SUV's under the Bush administrations truck incentive program did so on their own because of their own desire to abuse another government program. I refuse to feel sorry for someone who caused their own problems.

[acmanko]

How does the small business owners finding a loophole in an incentive for buying trucks become a "pact" between President Bush and small business owners?

The small business owners who snuck in their personal use SUV's under the Bush administrations truck incentive program did so on their own because of their own desire to abuse another government program. I refuse to feel sorry for someone who caused their own problems.they did not have to look hard to find the loophole, it was plastered all over the news. point being, Bush has allways supported the Small Business owner and reamed them while doing it. amd they LOVE it

[mrs reb77]

Well, there you go again making absolutely non-sense.
Bush has allways supported the Small Business owner
Great!
reamed them while doing it
Okay, whatever
amd they LOVE it

Now I know you were supplementing your corn flakes with Jack Daniels.

[acmanko]

is that all you got?hehehe, you know I'm right and whats worse, ya'll got the man you didn't want in 2000 and 2004 running this year. FLIP-FLOP

[BigJon3475]

yes McCain wasn't top nominee.

running against BO he won't need to be with crap like this:
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=69784

[acmanko]

Mccains problem will be who he picks as a running mate. the conservatives are disshelveled and p'd off

[BigJon3475]

It's a lesser of two evils at this point. I don't want to gamble on BO who has absolutely no proof of what he will do other than all his empty bank breaking promises.

[mark beiser]

It's a lesser of two evils at this point.

http://bookstoysgames.files.wordpress.com/2008/04/cthulhu4prez-preview1.png

[Remodeltdt01]

It's a lesser of two evils at this point. I don't want to gamble on BO who has absolutely no proof of what he will do other than all his empty bank breaking promises.

Until McCain selects his running mate I can't make a decision. I'm convinced McCain is too old and unhealthy to last a full term and the VP will end up being president.

[glennac]

Until McCain selects his running mate I can't make a decision. I'm convinced McCain is too old and unhealthy to last a full term and the VP will end up being president.

Heck who could he choose who would be worse for America and Western Civilization than Obama? Let's hope he chooses a conservative however.