Article

2008-04-11 Science & Technology

How long will oil last? (Popular Mechanics article)

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Posted by BA 2008-04-11 10:43|| || Front Page|| [6 views ] Top

#1 The 'Dakota Find' has been known since the early '80's and Shell want to drill now. Problem is they cannot not get necessary Federal Permits even though they have been trying since 1987!
The Canadian oil we currently import (48% of our imports)comes from the same formation, just further north.
Don't want to hurt the Saudi's or Canadians do we...

Posted by Herman Phusotle4913 2008-04-11 13:51|| 2008-04-11 13:51|| Front Page Top

#2 Perhaps not drilling our own oil with all these refuges and protected areas is a long term ploy to make the world use up all their oil first...

Sadly, our government is nowhere near that smart. But one can dream...

Posted by Laurence of the Rats">Laurence of the Rats 2008-04-11 14:34|| 2008-04-11 14:34|| Front Page Top

#3 from my reading the independents are drilling in the Bakken, not Shell, not Chevron, not the majors

Posted by mhw 2008-04-11 18:33|| 2008-04-11 18:33|| Front Page Top

#4 Is there any candidate anywhere in the country proposing a $25/bbl tariff on the non-continental imported stuff? If we're gonna have a recession, let's at least use the chance to let the you know who's from you know where start paying our taxes.

Replace the ethanol tariff with a crude tariff, and move production back to this hemisphere.

Finally, set up a tollbooth (for clarity I suppose we could call it a blockade line) at the exit of the Persian Gulf, and start collecting tolls - maybe simply offset the amount from the purchase prices.

Posted by Harcourt Jush7795 2008-04-11 19:12|| 2008-04-11 19:12|| Front Page Top

#5 s there any candidate anywhere in the country proposing a $25/bbl tariff on the non-continental imported stuff? If we're gonna have a recession, let's at least use the chance to let the you know who's from you know where start paying our taxes.

Replace the ethanol tariff with a crude tariff, and move production back to this hemisphere.

What makes you think that transferring even more massive amounts of money from the private sector to the government is going to help anyone but the government?

Ethanol and "alternative fuels" are a scan perpetuated by the government for thirty years. These "technologies" weren't ready then, they aren't ready now nor will they ever be ready.

Wanna know how I know?

Government is subsidizing these scams, the only way they have survived over the last thirty years.

Tariffs and tax increases in all their forms only helps government; No sector of any economy benefits but government; they will never solve a problem but they will always help to create newer and bigger problems.

Posted by badanov 2008-04-11 22:31|| http://www.freefirezone.org]">[http://www.freefirezone.org] 2008-04-11 22:31|| Front Page Top

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