If we are gas addicts..is Bush's family the...

I wasn't nearly this fat when Clinton was in office.
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Word.

Oh you'd better believe Halliburton owns ALL the fast-food franchises now - they are secretly adding the most fattening ingredients possible to fast food, so that the fatter we get, the lower the gas mileage we're able to achieve. It's all starting to make sense to me now.

Aspen, Shrub was and is *in favor* of drilling anwar, so he is for what you say we should be for, more domestic production, so I don't know why you're down on him.
 
Maybe he has his head in the sand.....or elsewhere.....looking for oil.....

Its a con-speaw-issy I tell you.....
 
BUSH VS LIBERALS OOOPS i meant democrats

Say what you will but if the clintons were still around you wouldnt have no handguns, abortion would be legal, gays could file taxs together as a joint return and our president would be getting a bj while addressing the nation. Oh and tho i try not to be sexist ,you would also be calling Hillary by her real name on the next election ......Mrs. President.
 
I am continually amazed at all the outrage over high energy costs. There is no free market in oil - the opec nations inflate the price of a barrel of oil by controling production rates. The us gov. and state gov. inflate the price by adding taxes on taxes on taxes and by requiring different formulations of gasoline. Meanwhile regulations and gov. restrictions mean that there is also a bottle-neck with refinaries which further inflates the price. Do the big oil companies really object to all the red tape and regs - heck no - it means that there are no small players in the oil game. Natural gas and propane prices are also going to continue to go through roof as there production is limited and the demand sky-rockets due to environmental regulations related to heating and the production of electricity. MEanwhile the demand for energy grows in China and India and we will either pay more for petroleum or lose out.


Is the above what amazes me, or that the average person seems clueless as to the substance of the problem of increasing energy costs. No, that is normal.

What I find amazing is that in all this "energy crisis" while we hear about the causes and sometimes we even hear about the fact that we have stopped new production in this country and still aren't adding new refining capacity -

What I find amazing is that we are sitting on over a thousand years worth of cheap energy in this country - yet we won't say a peep about it - because people have been so brainwashed by the enviro-nazis (and big oil and .gov were all too happy to have let that happened, as it meant a dependency on oil and natural gas).


COAL - COAL - COAL - COAL - COAL

It could easily be used for the production of electricity instead of natural gas - electric heating of homes would again be economical - the demand for more and more natural gas would drop like a rock. WW II technology produced oil from coal - but it wasn't cost efficient - so six decades later and ever higher oil costs and it still can't be made efficiently or cost effective? Get rid of the obsessive environmental regulations and we could have all the "cheap" energy we want and our country could be energy independent and an energy producer again - rather than a consumer.

But no one ever even suggests the possibilty even exists - Amazing.
 
one thing i have to say against Bush even tho i voted for the man is ,he is going after the little man who own gas stations(c-stores) to make sure their not price gouging when he should be going after the big oil guys for price gouging not the little man who own 2 maybe three stores.
 
Well in my opinion, the simple fact is that we are going to start building new nuclear plants soon. It's good for the environment, except for a little patch of desert in which nothing will grow for a billion years.

For gods sake, hydropower is 1000 times worse for the environment then nuclear... Solar power is good for individual homes though.

Couldn't we use the unlimited amounts of energy from nuclear power plants to create hydrogen to fuel cars?
 
But just so you can't "forget" to look it up....

http://abcnews.go.com/Business/wireStory?id=1255869

The above link is an ABC news link. It states that Exxon made 100 billion dollars this past quarter. It also states that the NET PROFIT of that quarter is 10 billion dollars. DO YOU UNDERSTAND THAT THIS MEANS THAT EXXON SPENT 90 BILLION DOLLARS LAST QUARTER??? In operational costs, investments in new technology, compliance with standards, etc

http://articles.moneycentral.msn.com/Investing/CNBC/Dispatch/060128markets.aspx

This link is from MSN. Read the whole thing if you like. Here is a snippet dealing with profit MARGIN:

Profit margin

In fairness, Market Dispatches should note that Exxon's net profit margin (10.7% for the quarter and 9.7% for the year) is actually fairly moderate.

Consider:
Despite disappointing Wall Street with its fourth-quarter report, chip-maker Intel's (INTC, news, msgs) net profit margin was 24.5% for the fourth quarter and 22.4% for the year.

Internet giant Yahoo! (YHOO, news, msgs) had a net profit margin of 36% for the fourth quarter and 34% for the year.

Standard & Poor's estimates the 2005 net profit margin for the S&P 500 at 8.2%.
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Gas companies make roughly 8-10 cents per dollar they spend. Do the math and stop the demagoguery.
 
Coal Coal Coal

It could easily be used for the production of electricity instead of natural gas - electric heating of homes would again be economical - the demand for more and more natural gas would drop like a rock. WW II technology produced oil from coal - but it wasn't cost efficient - so six decades later and ever higher oil costs and it still can't be made efficiently or cost effective? Get rid of the obsessive environmental regulations and we could have all the "cheap" energy we want and our country could be energy independent and an energy producer again - rather than a consumer.
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Yep. EPA squashed most coal-fired electric plants and mandated natural gas-fired plants instead - so now we have natural gas a 10x the price it was only a few years ago, and coal miners out of work. Thanks, EPA.

Coal liguifaction and gasification technology developed during the Carter era exists to produce 'crude oil equivalent' at about $35-40/barrel. The problem is it takes much more capitol to build a liquifaction plant than a refinery. Unless someone provides some incentives it will probably come slowly. Another problem is the ethanol boondoggle. The feds have provided huge subsudies for the corn-based ethanol producers and it isn't doing anything to help gas prices or supplies. It's just another federal boondoggle. If the same subsidies were prodived to coal-conversion technologies our nation could be an oil exporter in only a decade.

But some people do see the value in it - the Chinese are building a multibillion dollar coal liquifaction plant based on technology from our own DOE and a US based company.

Don't wait for Bush to lead the way - big oil is heavily invested in crude oil refining.

If we had followed-thru with Carter's coal vonversion programs we would be energy independent by now. When OPEC saw what Jimmy had started back in the late 70's they opened their spigots just enough to squash any investment in coal-conversion. At present crude prices, it is a viable alternative.

Another hurdle is the 'greenhouse gas' crowd. Coal conversion is NOT greenhouse gas-friendly. I for one don't buy into the global warming scare, and I hope coal conversion catches on.
 
In the oil producing states there have been definite increases in production over the last few years. The result is good paying jobs, increased royalty checks to property/lease owners, increased profits for share holders (much of those profits going into middle class retirements) and the benefits trickle down from there.


jcoiii makes a great point. A lot of the $90B Exxon spent undoubtedly went to wages, outsourced work, products, equipment, etc. etc. All good for the economy.

IMO the biggest culprits (if there is a culprit) are the far out environmentalists. Now we have China drilling 70 miles off our shores while the environmentalists hold the US hostage not allowing us to benefit from the oil under us.

The environmentalists hold us hostage on building new energy infrastructure.

The environmentalists require different formulations of fuel in the limited capacity refineries they allow to remain in existence.

The greatest irony of all is the environmentalists who demanded oxygenated fuel for the good of the environment ultimately created a far more dangerous environmental concern with the ground water contamination of MTBE additive.

We all want a safe environment. The extreme environmental movement are the Henny Pennys' who have always existed in our society since long before pollution was an issue.

There really should be a different name for them, for "mentalists" they are not.:)
 
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didn't the Bush family make their fortunes in oil...?
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Zapata Oil founded in 1953

In 1953 Senator Prescott Bush leads a rally against federalizing offshore oil drrilling areas

Zapata Offshore Oil Drilling Co...started George H.W Bush & Liedtke Bros

1955-1956 George H.W. Bush gains control of Zapata Offshore

1963 Zapata Petroleum merges with Pennzoil Hugh Liedtke becomes President and CEO of Pennzoil

Baker & Botts becomes chief legal firm for Penzoil (James Baker III)

Bush runs for Chairman of the Harris County Republican and later runs for Congressional Office and heads off to Congress ( wonder who were large contributors of his campaign and backers were :confused: ) could it have been oilmen :eek: you find the facts and decide

The first freshman Congressman has been put on the House Ways and means committee..you got it George H.W. Bush

Big Oil had some problems..... there was a move to raise the the Tax depletion Allowance and do away with the domestic oil quota system which protected domestic oil from cheaper foriegn oil.

endgame...oil tax increased a little but the quota system was protected for Big Oil.

George HW Bush worked for the Nixon and Ford Administrations in 1977 was on the sidelines till 1980 and we know what happened from there.

1978 Dubyah loses in his bid for a Congressional seat and founds Arbusto which is an oil drilling company..he hums along but eventually starts losing money. Company is renamed to Bush Exploration. Bush merges with Spectrum 7 and his new partners William Dewitt Jr. ( His dad owned the Cincinatti Reds..hrmm wonder if this had anything to do with Dubyah getting investors together for the Rangers?) & Mercer Reynolds III

Lets remember during this time Papa was the VP of the US....

Business is still bad but Harken aquires Spectrum 7 and give 1 share of Harken for 5 shares of Spectrum(which isnt worth much)

George HW Bush becomes President

In 1989 Baharain was in negotiation Amoco for Offshore drilling

In Jan 1990 a shocker.Harken gets the contract with Baharain for drilling

Gulf War I happens

Geroge W goes on to become a smallpartner in the Texas Rangers Deal.... $600,000 out of $86,000,000 and become the pretty face frontman for the team since one of the bigger investors doesnt want him to have contro over anything

Bush runs for Gov of Texas and is elected. In his two gubenatorial campaigns Big Oil and Energy have contributed 5.6 million out of 41 million.

Then one day George W Bush gets elected president

Condelezza Rice was on Chevrons Board of Directors. She even had an oil tanker named after her

How many ties did Cheney and Halliburton have with Big Oil.....too many too list and some operations in countries that have a history of human rights abuses.

So is there a connection between the Bush Family & Administration and Big Oil?

You decide
 
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Not the enviromentalist boogeyman again.......

America only has 2% of the worlds oil reserves, we produce around 8% of it and consume 25% or over.

Do the Math and read up on a report done in 1956 by M. King Hubbert.
He predicted the peak of US oil production in 1970 and was laughed at...
 
Then one day George W Bush gets welected president
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Actually, he has been elected twice. That means he earned a lot of votes from a lot of people. But I suppose that "BIG OIL" slipped a secret vote-controlling substance into gasoline which forced people to vote for President Bush. :rolleyes: Senator Kerry should have accepted the offer from Heinz to slip the anti-vote-controlling substance into Catsup.

Geroge W goes on to become a smallpartner in the Texas Rangers Deal.... $600,000 out of $86,000,000 and become the pretty face frontman for the team since one of the bigger investors doesnt want him to have contro over anything
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Can you can provide a source to back this up? Or is it just "well known"?

So oil companies have donated campaign money to President Bush. So what? Let's see here...A politician is from Texas. There is a lot of oil in Texas. Well shame on President Bush. He ought to only accept campaign donations from hemp producers. That would be o.k. :rolleyes: Thankfully, oil companies have never ever donated money to democrats.

Yes, President Bush makes a secret bonus every time the price of oil increases. Ya see, he has this secret contract with Halliburton and the oil companies, and it says so right in the secret contract. At least that's what Randy What's-her-name on Air America says, and she is quoting Moveon.org, so it has to be true.
 
It is facts you can find for yourself......

just do some googling........

from the Presidential Biography at his library

" The old family silver he had served him to create an oil company named Zapata in 1954, which made him rich."

http://www.tsha.utexas.edu/handbook/online/articles/PP/dop9.html

"PENNZOIL. In 1994 Pennzoil, headquartered in Houston, was one of the major oil producing, refining, and marketing companies in the state, with 10,000 employees and more than $2.5 billion in revenue. The company traces its origins back to two companies, Zapata Petroleum and South Penn Oil Company. In 1953 two brothers, J. Hugh and William C. Liedtke, Midland lawyers who had grown up in the oil business in their hometown of Tulsa, entered into a partnership with George H. W. Bush, future president of the United States. They formed Zapata Petroleum Company

do some googling and you decide for yourself.........

Former First Lady Barbara Bush said of the war in Iraq: "Why should we hear about body bags and deaths? It's not relevant. So why should I waste my beautiful mind on something like that?"
 
What exactly is "Big Oil"? What is Small Oil? Mom and pop refineries??

I'll bet you kind of like being able to go out and get in your car and drive anywhere as much as the next guy.

Big Oil had some problems..... there was a move to raise the the Yax depletion Allowance and do away with the domestic oil quota system which protected domestic oil from cheaper foreign oil.

endgame...oil tax increased a little but the quota system was protected for Big Oil.
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I can't even say "Big Oil" without :o . I don't know what "Yax depletion Allowance" is.?

In the 1980's American producers were driven out by low prices from OPEC. Wells were capped, equipment was pulled and piled out of the American oil fields. Oil production was not profitable and all but ended. Over the last 20 years the US oil infrastructure rusted away and valuable experienced oil brains died off. It will take 10-20 years for domestic production to reach the levels it was at in the 70's and early 80's.

This was OPEC's plan.

America only has 2% of the worlds oil reserves, we produce around 8% of it and consume 25% or over.
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I love this argument from the anti-domestic production crowd. "It ain't worth messn' with", the Chinese think it is. They came half way around the world to stick a straw in the US oil shake 70 miles off US shores in attempt to suck it dry.

Not the enviromentalist boogeyman again.......
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So you don't dispute the points I made?

It makes far more since to attempt to blame all of Americas oil woes on one or two families than on environmental policy pushed by the ignorant where it truly belongs. :rolleyes:
 
Pipo with 2% of the oil reserves in the world and demand increasing 45% since the 70s, domestically we could never catch up. In 10-30 years of reviving the domestic energy industry the demand is predicted to go up the same amount. The ANWAR production would just be a bandaid...

Oil wells are not bottomless pits of fossil fuel. The less oil that is in them requires more work to get it to the top.

Suggest you read Dr. Hubbert.......

I didnt blame the woes on anybody. You did that in your post. I just posted informnation that is obtainable through the internet. a chronology of events. You were the one that said it blamed two families. I just provided information to the original poster and said you decide. Pipo seems like you decided the facts blamed the Bush Family not me.
 
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