great letter Amy!

There is drilling in the Gulf of Mexico. Cuba and China are drilling in the Gulf, but the US can’t? Is it not better that the US drill in the Gulf instead of China and Cuba? Would we not be better stewards of the environment?

Why is it that the US cannot drill its way to lower oil prices, but more Saudi drilling is the key to lower oil prices?

Don;t forget the laughable plan by the Democrats to sue OPEC! That’s even dumber that a tax on oil company profits, which will not bring one drop of oil from the ground.

Amy

A good letter. Liberal wrath will rain down on you.

I kind of wish for no energy policy. I can’t see that these government clowns have done anything but get in the way.

I’m no fan of Democrats, but let’s not forget who was in the Whitehouse when Iran nationalized the Western developed/used/facilitated/staffed oil fields. Hint, he didn’t have a D after his name, but in the middle of his name.

Amy,

Not only do the Dum-O-crats have no energy policy, they don’t want one. They hope that every penny increase in gas prices gains more votes for the party in the November elections.

Obama wants to put about 150 billion into new energy research and manufacturing that will create the resources we need along with very long term jobs to go with them. Unless the oil that is drilled out of the gulf or anwr or anywhere else is nationalized it will be sold on the open market at the highest price obtainable. Demand is not shrinking, and is in no sight of shrinking. What makes you think that say, on the low end of the figures, of the 75 million barrels a day we (the world) currently use will be affected by the few million that we will be producing in the years it will take to even start producing the stuff? By then you can expect the usage to be even higher, almost surely offsetting the production. NEW FUEL is the only answer we can accept. As I and Hs have said before, this is not something that just snuck up on us. Feel free to spread the blame around to everyone for not getting up off their lazy asses to be proactive instead of reactive.

Jimmy Russell,

Exactly what does Obama intend to do with the money? Saying he wants to do something and actually doing it are two different things.

Sorry to rain on your parade, but wood chips, sawgrass, corn ethanol, wind power, etc, etc are not going to fuel our vehicles or factories, or heat our homes, any time soon. We need oil now, not some future “maybe” miracle alternative.

Your claim that increased production will not lower prices is also bankrupt. Any time the supply is increased, prices will drop. The OPEC countries have to sell oil because they have nothing else to sell or produce, and are not about to let all that beautiful money flow to someone else. If we followed your logic, we’d stop all US oil production.

Next time, try bringing some facts along to back up your pie-in-the-sky Obama-isms.

A “windfall tax” does 2 things. 1st, it begins to make up for some of the near criminal relationships between the Republicans & oil companies. The oil companies have largely been allowed to steal oil & gas from public lands without paying for the privilege. Republicans argue that to collect the rightfully owed royalties would be too burdensome on their oil company friends. They certainly don’t think it is to burdensome to collect taxes from the lower middle class!! 2nd, the money the oil companies owe the American people can be invested in energy savings measures & alternative fuels. Tremendous amounts of oil use can be avoided by simple, easily done conservation measures. Some of these things could be done immediately & could have a much greater effect than offshore or wildlife are drilling. Slower highway sped limits have proven to save huge amounts of oil and could be implemented tomorrow.

Merc man, I’m not quite sure how you pulled stopping all U.S. oil production out of my logic but hey I look forward to your next trick. In fact, I would be for exploring whatever would be determined the fastest extractable oil resource to try and fend off the high oil prices as long as the same amount of energy and vigor is put into finding something to replace it. I have no delusions about the difficulty of this venture. No, all of those things you mention by themselves will not fullfill our energy needs. However, if we combine some of the most efficient methods, such as the switchgrass and sugar ethanol, pondscum biodiesel, wind, solar, geothermal and hydro electric, we can start to put a pretty good dent in the matter. At the very least, end our dependence on some of our foreign supplies, be they from the middle east or Canada.

And no, what I say about increasing supply not decreasing the price at this point is not bankrupt. It would take a pretty freakin large increase in supply for prices to change, or a very large drop in consumption, or moderate combination of both. Do you think that’s what the oil companies want? Dream much? This stuff is basic. Demand is ever increasing and shows no sign of slowing down on a global scale.

Here is a link to Obama’s website. I know it will be very hard for you to click on it but bare with me, you asked for what he will do with the money, here it is straight from the horse.

http://www.barackobama.com/issues/energy/#invest-in-a-clean

I know you guys say we won’t criticize “the Obamessiah” but here you go. He definately needs to switch his position on corn ethanol. That stuff is useless. Sugar ethanol is some 9 times more efficient, but sugar isn’t the main cash crop now is it. McCain has now said that the oil we seek is some years off and that mostly it is just a “pschological effect” that it will have on us as far as a short term solution goes. How insulting is that? Basically we’re all sheep and the sheperd is going to at least make us feel better about $4+ a gallon. Try looking around here for some answers other than just oil.

http://www.renewableenergyworld.com

MercMan: Your claim that increased production will not lower prices is also bankrupt. Any time the supply is increased, prices will drop.

So you think you are smarter than the Energy Department of the U.S. Government?

http://www.eia.doe.gov/oiaf/aeo/otheranalysis/ongr.html
The projections in the OCS access case indicate that access to the Pacific, Atlantic, and eastern Gulf regions would not have a significant impact on domestic crude oil and natural gas production or prices before 2030. Leasing would begin no sooner than 2012, and production would not be expected to start before 2017. Total domestic production of crude oil from 2012 through 2030 in the OCS access case is projected to be 1.6 percent higher than in the reference case, and 3 percent higher in 2030 alone, at 5.6 million barrels per day. For the lower 48 OCS, annual crude oil production in 2030 is projected to be 7 percent higher—2.4 million barrels per day in the OCS access case compared with 2.2 million barrels per day in the reference case. Because oil prices are determined on the international market, however, any impact on average wellhead prices is expected to be insignificant.

tim jones: Cuba and China are drilling in the Gulf, but the US can’t?

Mmmm. Not so much.

Cheney’s false comment on oil drilling attacked
By H. JOSEF HEBERT – Jun 12, 2008
WASHINGTON (AP) — Vice President Dick Cheney’s office acknowledged on Thursday that he was mistaken when he asserted that China, at Cuba’s behest, is drilling for oil in waters 60 miles from the Florida coast.