F... gas prices

[saden1]

Originally Posted by Slingin Sammy 33

Off shore drilling voted down today on a party line vote. We better get out there before the Cubans and Chinese.

FOXNews.com - House Subcommittee Rejects Plan to Open U.S. Waters to More Oil Exploration - Politics | Republican Party | Democratic Party | Political Spectrum

Huh? Cubans and Chines drilling U.S. Waters? Surely they can't just waltz in and setup shop.

[Slingin Sammy 33]

Originally Posted by saden1

Huh? Cubans and Chines drilling U.S. Waters? Surely they can't just waltz in and setup shop.

The international standard for a country's own waters is 12 nautical miles offshore. We (the U.S.) have invoked a Contiguous Zone out to 24 nuatical miles. There is also an Exclusive economic zone which extends out 200 nautical miles, unless the limit overlaps with another country.

Territorial waters - Wikipedia, the free encyclopedia

The drilling in the proposed legislation was between 50-200mi offshore. I don't know if the areas proposed were actually in conflict with the Cuban initiatives (they probably weren't). However, approving offshore drilling initiatives is the first step in addressing the problem of the Cuban government selling their oil drilling rights off the NW shore (within 50 miles of Key West) to the Chinese and other countries. Repealing the embargo on Cuba is the second step. Considering the current world energy situation, the potential for environmental damage created by the Chinese, and the potential for greater Chinese influence in the region this is a strategic position we should take IMO (keep your friends close and your enemies closer).

FOXNews.com - U.S. Concerned By Cuban Oil Drilling Off Coast - Politics | Republican Party | Democratic Party | Political Spectrum

[steveo395]

Originally Posted by Slingin Sammy 33

Off shore drilling voted down today on a party line vote. We better get out there before the Cubans and Chinese.

FOXNews.com - House Subcommittee Rejects Plan to Open U.S. Waters to More Oil Exploration - Politics | Republican Party | Democratic Party | Political Spectrum

the U.S. Minerals Management Service estimates that 86 billion barrels of oil and 420 trillion cubic feet of natural gas can be found along the U.S. outer continental shelf, the area affected by the ban.

Why do the democrats vote down drilling. We have so much oil to drill for here, but for some reason we are not allowed to do it. That is the only way we are going to lower gas prices and not have to depend on the Middle East for our energy. The economy would be so much better if those retards in congress would let us drill. Gas prices are definitely one thing people can't blame George Bush for because he actually wants to drill.

[Skins fan 44]

Originally Posted by steveo395

Why do the democrats vote down drilling. We have so much oil to drill for here, but for some reason we are not allowed to do it. That is the only way we are going to lower gas prices and not have to depend on the Middle East for our energy. The economy would be so much better if those retards in congress would let us drill. Gas prices are definitely one thing people can't blame George Bush for because he actually wants to drill.

Now can't kill a fish or a bird. That would just be inhumane, but we can stick it to the people. I am still waiting for the cheap oil that people were saying why we went to war with Iraq.

[Skins fan 44]

I don't this may be far fetched but you would think that it is all most unconstitutional with the oil prices this his and they are not doing anything about it. What ever happened to the phrase "for the people by the people?" I would just like to hear a good reason why they voted it down. I did not hear the liberal media mention this vote down.

[MTK]

Gas went from $3.85 on Wednesday to $4.02 on Friday. WTF I think it literally went up 3 times in one day.

[onlydarksets]

Originally Posted by Mattyk72

Gas went from $3.85 on Wednesday to $4.02 on Friday. WTF I think it literally went up 3 times in one day.

I recall reading that, in VA at least, it can only go up once per day. The idea was to keep gas stations from implicitly colluding. I haven't verified there is a law on the books, though.

[JoeRedskin]

In the summer, in Maryland, gas is required to have a certain additive (it's an anti-pollution measure). B/c of the additive is more costly AND has been limited in its production, gas prices will see an additional spike above the increased costs of oil.

[Daseal]

On the Today show a while back a spokesman for a group of economist said they expected prices to cap out at 12-15 bucks. I find that high, but I bet the current price stays around. Supply and demand -- our lack of foresight is killing us once again. It seems like we never try to be proactive.

[MTK]

WASHINGTON (AP) — For a quarter-century, drilling for oil and gas off nearly all the American coastline has been banned in part to protect tourism and to lessen the chances of beach-blackening spills.

link: The Associated Press: Bush looks offshore for remedy to high oil prices

[dmek25]

first flip flop of this election. McCain now wants to drill, after being opposed to it

[BDBohnzie]

Originally Posted by dmek25

first flip flop of this election. McCain now wants to drill, after being opposed to it

He wants to drill here, but still doesn't want to touch ANWR, where I believe there is much more oil and natural gas than in these coastal areas.

[Sheriff Gonna Getcha]

Originally Posted by dmek25

first flip flop of this election. McCain now wants to drill, after being opposed to it

Wait, I thought that "flip flop" was a phrase that only the GOP used. When Kerry was accused of flip-flopping on Iraq, Dems responded that he was merely reacting to changing conditions and that is a sign of intelligence.

IMO, we need to differentiate between flip-flopping for purely political reasons and changing policies to account for an ever-changing world. If you think McCain flip-flopped for purely political purposes, what political advantage did he gain? He certainly lost some votes from the slightly left of center independents and he didn't gain any votes from most Repubs who would never vote for Obama. McCain can say with a straight face that he changed his opinion after the new gas crisis struck.

[BDBohnzie]

Here is what caught my eye in that article:

The 574 million acres of federal coastal water that are off-limits are believed to hold nearly 18 billion barrels of undiscovered, recoverable oil and 77 trillion cubic feet of natural gas, according to the Interior Department. The country each year uses about 7.6 billion barrels of oil and 21 trillion cubic feet of natural gas.

So drilling into these areas will provide oil for roughly 28 months, and natural gas for 44 months...5-10 years down the road. That's a small band-aid on a crater-sized hole.

Quite honestly, I'd rather Congress push Big Oil into further developing alternative sources than drill these areas.

[Hog1]

Originally Posted by BDBohnzie

Here is what caught my eye in that article:

So drilling into these areas will provide oil for roughly 28 months, and natural gas for 44 months...5-10 years down the road. That's a small band-aid on a crater-sized hole.

Quite honestly, I'd rather Congress push Big Oil into further developing alternative sources than drill these areas.

Totally,
Look to the long term. have we not done enough poor planning?