clermont40miles

Champion Author
Cincinnati
Posts:4,538 Points:769,345 Joined:Apr 2008
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Message Posted: Mar 11, 2010 9:14:22 AM
I didn't bother to look at the date! Hardly news being almost two years old.
August 1, 2008
HuffPo of all things.
I don't think things have changed for the better since that date. Sad, but true.
[Edited by: clermont40miles at 3/11/2010 9:14:40 AM EST]
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sienko

Champion Author
New Hampshire
Posts:7,447 Points:1,344,495 Joined:Feb 2006
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Message Posted: Mar 11, 2010 8:34:08 AM
Anybody notice the date on this thing? 2008.
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SUV2009

All-Star Author
Orlando
Posts:955 Points:230,425 Joined:Oct 2009
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Message Posted: Mar 11, 2010 8:32:44 AM
Love the comments all of you have your own twist on this. Guess that is why it is so hard for groups to make a difference. Too many battles being fought.
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coughlin

All-Star Author
San Jose
Posts:951 Points:262,400 Joined:Sep 2009
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Message Posted: Mar 11, 2010 8:29:10 AM
"DRILL, DRILL, DRILL," has become a mantra. It's catchy, and appeals to those who want easy answers. Those ultimately behind it have a clear financial interest in the drilling being done. The idea behind it was 'repositioned' to this simplistic phrase to appeal to those who latch onto to simplistic phrases and easy answers. There is NO DOUBT in my mind that this phrase was originally presented by a Marketing Guru at some trade association gathering, who encouraged their members to distribute themselves around the Republican Convention and, all at the same moment, to 'spontaneously' begin chanting it.
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DieselKat

Champion Author
Tennessee
Posts:1,619 Points:1,376,935 Joined:Oct 2005
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Message Posted: Mar 11, 2010 8:27:29 AM
I guess this guy thinks we should build a wall around this country and not let any goods out or any goods in, and more that likely people too.
What does that sound like?
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clermont40miles

Champion Author
Cincinnati
Posts:4,538 Points:769,345 Joined:Apr 2008
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Message Posted: Mar 11, 2010 8:26:25 AM
To say substantial domestic drilling would have little or no effect is ridiculous.
It would change the price landscape for the better.
At least if reality and fundamentals such as supply/demand were to prevail. For the last year, speculation is the only price driver.
Fix the speculation stranglehold first, then go on to produce without the constraints of phony price escalation killing the true supply & demand curve.
Remember what happened when G. Bush opened drilling to the East Coast? Prices dropped dramatically and immediately. That was with just the possibility of drilling, not actual drilling.
Were the USA to unlock its reserves, the OPEC (C=cartel=collusion=monopoly) prices would plunge.
We could break the manacle from our neck. Take the ring out of our nose.
With BHO, Pelosi, Reid & full control of the fed govt, do you think we'll see domestic production increased? /rhetorical question
We need to unlock and use our blessings -- produce.
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I10Express

Champion Author
San Antonio
Posts:3,513 Points:624,695 Joined:Nov 2008
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Message Posted: Mar 11, 2010 8:23:27 AM
The idea is to remove the weapon used back in the 70's by OPEC where there was an oil embargo and the US did not get shipments.
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TomAdkins

Rookie Author
Columbia
Posts:1 Points:3,070 Joined:Mar 2010
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Message Posted: Mar 11, 2010 8:23:05 AM
Wow if that isn't slanted left I don't know what is. BTW your example is horrible because Exxon-Mobil is in the end an American company which means that the profits will be coming back into the U.S. The idea is that an American company would be allowed to drill and therefore produce profits for America. Weather or not to drill depends on which side of the debate you fall on for nature conservation vs. oil independence.
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Gassed01

Champion Author
Toronto
Posts:1,621 Points:817,200 Joined:Jan 2006
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Message Posted: Mar 11, 2010 8:21:12 AM
This is the free enterprise system - sell to the highest bidder. The Republicans wouldn't have it any other way.
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MacGyver_1701

Champion Author
Indiana
Posts:6,834 Points:1,557,475 Joined:Feb 2005
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Message Posted: Mar 11, 2010 8:19:18 AM
The idea of OIL independence is that there is sufficient capacity in our local borders so that if push came to shove, the US will not be crippled because someone else decided not to allow OIL to be shipped over seas.
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Wwagon

All-Star Author
Michigan
Posts:749 Points:177,430 Joined:May 2008
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Message Posted: Mar 11, 2010 8:17:35 AM
Yes folks, it's owned by the company that owns it and has the rights. Remember, that is the American Way! So unless you control it, you pay.
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lkozark

Champion Author
Missouri
Posts:2,267 Points:529,580 Joined:Jul 2007
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Message Posted: Mar 11, 2010 8:16:59 AM
Until they get the speculators out of the market the consumer will suffer. They will make what ever profit margin they want without concern for anyone but themselves.
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SaltyDogMA

Champion Author
Massachusetts
Posts:1,495 Points:439,425 Joined:May 2008
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Message Posted: Mar 11, 2010 8:11:17 AM
What a biased, slated piece of propaganda this is. Who was the author, moveon.org?
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FocusGuy

Champion Author
Seattle
Posts:1,914 Points:417,875 Joined:Apr 2009
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Message Posted: Mar 11, 2010 8:10:42 AM
With idiot thinking like this, it's no wonder we are where we are.
BTW, I love my XOM stock I bought 7 years ago today.
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throttle

Champion Author
Maryland
Posts:7,672 Points:1,618,430 Joined:Jul 2004
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Message Posted: Mar 11, 2010 8:09:42 AM
Lowering the global price is important.
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mysub

Champion Author
Las Vegas
Posts:4,123 Points:1,327,665 Joined:Apr 2006
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Message Posted: Mar 11, 2010 8:07:19 AM
I've heard this before many times. We don't use our own oil.
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USNChief

Veteran Author
Jacksonville
Posts:253 Points:38,070 Joined:Oct 2009
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Message Posted: Mar 11, 2010 8:06:58 AM
A Left point of view.
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Tnerbeel

Champion Author
Houston
Posts:3,559 Points:739,210 Joined:Mar 2007
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Message Posted: Mar 11, 2010 8:06:30 AM
This is a Huffington Post Article and..."Cenk Uygur is co-host of The Young Turks, the first liberal radio show to air nationwide. "
Says it all I think.
[Edited by: Tnerbeel at 3/11/2010 8:06:58 AM EST]
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PENNYPINCHR

Champion Author
Twin Cities
Posts:2,454 Points:1,656,390 Joined:Jul 2001
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Message Posted: Mar 11, 2010 8:02:40 AM
I don't agree with this article at all. Must be a democrat who wrote this.
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ironbox_sara

Champion Author
Albany
Posts:4,525 Points:1,259,000 Joined:Mar 2006
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Message Posted: Mar 11, 2010 8:02:37 AM
Funny they mention the criminals at Exxon-Mobil.
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dan30thz28

Champion Author
New Jersey
Posts:1,077 Points:1,016,775 Joined:Feb 2006
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Message Posted: Mar 11, 2010 8:02:29 AM
Wow, so that's how it will go, but at least it will lower global price.
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df99

Sophomore Author
Rhode Island
Posts:154 Points:223,190 Joined:Oct 2009
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Message Posted: Mar 11, 2010 8:01:39 AM
Why on earth do people seem surprised??
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toyrunner300

Champion Author
Calgary
Posts:1,925 Points:971,290 Joined:Jan 2007
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Message Posted: Mar 11, 2010 8:01:32 AM
Of course and they will sell it at the price they think is good for them, not the price we want.... may be some people on this site will get it now... Tonester, there is too much oil on the market for now, price raise because of greed and manipulation!
[Edited by: toyrunner300 at 3/11/2010 8:02:27 AM EST]
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Tonester1

Champion Author
New Jersey
Posts:7,438 Points:1,329,545 Joined:Oct 2006
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Message Posted: Mar 11, 2010 8:00:27 AM
Even if that's the case, there will be more oil available in the market to purchase so by that alone will bring down the price of oil.
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Jarol

Champion Author
Iowa
Posts:3,161 Points:577,435 Joined:Nov 2007
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Message Posted: Mar 11, 2010 7:59:58 AM
This is the dumbest article yet ... ignorant of how global supply works,
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derKraut

All-Star Author
Ontario
Posts:716 Points:376,640 Joined:Dec 2008
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Message Posted: Mar 11, 2010 7:59:56 AM
Time to make all Oil companies a government public service.
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mpskek

Champion Author
Madison
Posts:7,446 Points:1,304,180 Joined:Aug 2006
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Message Posted: Mar 11, 2010 7:58:15 AM
Maybe this will stop all the redundant "drill drill drill" posts.
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ronsimonil

All-Star Author
Illinois
Posts:718 Points:152,495 Joined:Mar 2009
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Message Posted: Mar 11, 2010 7:45:37 AM
What interesting thoughts. Just think the big oil companies get subsidies from us for oil exploration.
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the1roadhog

Champion Author
Atlanta
Posts:4,942 Points:1,046,855 Joined:Jun 2007
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Message Posted: Mar 11, 2010 7:44:36 AM
The whole idea should have the focus on alternatives and bringing NatGas into the mainstream.
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DerHahn

Champion Author
Illinois
Posts:7,914 Points:1,110,910 Joined:May 2004
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Message Posted: Mar 11, 2010 7:37:49 AM
of course not. keeping it here adds to the inventory which would drop prices. the oil companies will move things where ever they can to keep that from happening.
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72_Monte

Champion Author
Twin Cities
Posts:2,627 Points:986,430 Joined:Aug 2005
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Message Posted: Mar 11, 2010 7:03:43 AM
This shouldn't come as a great surprise.
Wakey, wakey!
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baddog58

All-Star Author
Texas
Posts:970 Points:408,330 Joined:May 2007
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Message Posted: Mar 11, 2010 6:55:45 AM
Good point! One that many, or most, of us never thought about.
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