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2008-06-03 Home Front: Politix

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Posted by Sherry 2008-06-03 11:19|| || Front Page|| [5 views ] Top

#1 Doesn't matter. Congress will forbid extracting it. Turns out that Montana is the home of the spotted owl snail darter, a very rare combination. Or it might be, but anyway we have to prevent even the possibility of upsetting them.
Besides, if we extract the oil, it will add to the carbon dioxide in the atmosphere, and cause all kinds of other bad effects. So forget it.

Posted by Rambler in California">Rambler in California 2008-06-03 12:01|| 2008-06-03 12:01|| Front Page Top

#2 Shell's John Hofmeister

"According to the Department of the Interior, 62 percent of all on-shore federal lands are off limits to oil and gas developments, with restrictions applying to 92 percent of all federal lands. We have an outer continental shelf moratorium on the Atlantic Ocean, an outer continental shelf moratorium on the Pacific Ocean, an outer continental shelf moratorium on the eastern Gulf of Mexico, congressional bans on on-shore oil and gas activities in specific areas of the Rockies and Alaska, and even a congressional ban on doing an analysis of the resource potential for oil and gas in the Atlantic, Pacific and eastern Gulf of Mexico."

"The Argonne National Laboratory did a report in 2004 that identified 40 specific federal policy areas that halt, limit, delay or restrict natural gas projects. I urge you to review it. It is a long list. If I may, I offer it today if you would like to include it in the record.

When many of these policies were implemented, oil was selling in the single digits, not the triple digits we see now. The cumulative effect of these policies has been to discourage U.S. investment and send U.S. companies outside the United States to produce new supplies. As a result, U.S. production has declined so much that nearly 60 percent of daily consumption comes from foreign sources."

The problem of access can be solved in this country by the same government that has prohibited it. Congress could have chosen to lift some or all of the current restrictions on exportation and production of oil and gas. Congress could provide national policy to reverse the persistent decline of domestically secure natural resource development."

Posted by Sock Puppet of Doom 2008-06-03 12:49|| 2008-06-03 12:49|| Front Page Top

#3 Congress could, but they won't.

There's nothing in it for them.

If "con" is the opposite of "pro"....

Posted by Barbara Skolaut">Barbara Skolaut 2008-06-03 12:59|| http://ariellestjohndesigns.com/]">[http://ariellestjohndesigns.com/] 2008-06-03 12:59|| Front Page Top

#4 Where's Jock Ewing when you need him?

Posted by Abu Uluque 2008-06-03 18:35|| 2008-06-03 18:35|| Front Page Top

#5 The interesting thing about the Bakken is that oil is being produced from different kinds of geological formations than in the past. There might be as much as 10 times the oil produced to date in these kinds of difficult geological formations.

Assuming prices remain high, the technology will advance and the oil will be produced. Enough oil for 100s of years.

Posted by phil_b 2008-06-03 22:00|| 2008-06-03 22:00|| Front Page Top

#6 which really makes the case that we will never run out of oil, just run out of cheap oil.

Posted by Spike Hupereger1977 2008-06-03 23:24|| 2008-06-03 23:24|| Front Page Top

23:48 Harcourt Jush7795
23:43 USN,Ret. (from home)
23:42 steven
23:31 crosspatch
23:29 crosspatch
23:25 Spike Uniter
23:24 ed
23:24 Spike Hupereger1977
23:16 ed
23:13 ed
23:10 KBK
22:38 JosephMendiola
22:37 Frank G
22:37 ed
22:26 JosephMendiola
22:25 Cromert
22:21 rjschwarz
22:19 rjschwarz
22:18 phil_b
22:17 DarthVader
22:17 JosephMendiola
22:09 KBK
22:09 Rambler in California
22:07 CrazyFool