Oil field found in depths of the Gulf of Mexico

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"No one truly "needs" petroleum based products but there is a demand for them."

Absolutely disagree.

Petroleum products/byproducts are crucial elements to virtually every aspect of our lives, not just gasoline or heating oil.

Sure, we could do without many of those things, such as food, clothing, electricity, pharmaceuticals, so forth and so on.

As has been mentioned, oil isn't just gasoline. There are dozens, if not hundreds, of fractional compounds that come out of the refining process, which are usused in literally millions of products every day.

The way things are right now, oil is probably the single most vital resource on the planet.

Were the taps shut off completely, all oil dries up and goes away tomorrow, I expect that the next couple of years would see world wide famine, widespread warfare, massive spikes in death rates not associated with the warfare...

It wouldn't be pretty, and it would take a number of years for things to settle out.
 
redworm said:
Demand is not a "need". No one "needs" an XBox 360 but people are still willing to shell out a few hundred because there's a demand for them. No one truly "needs" petroleum based products but there is a demand for them.

When it's something you're willing to pay for it's good ole fashioned capitalism but when it's something you feel is too expensive it's greed?
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Your gonna tell me that demand has increased three fold in the last two years? BULL!
 
WA,

Why do you care so much that they drill in ANWR? What about the arguments against it, of uglying up the landscape and messin' up the ecology & whatnot? I'm undecided on the issue at this point, but if I were to come down on the side of drilling, I need to know why or why not. If I side with you, I'll gladly let my rep know how I feel about it.
 
I care because there is a lot of oil in there. I care because it will help keep the price of gas dwon AND put $$ in my pocket. It wont hurt the environment or the landscape, if it would, the eskimos who live right there would be against it.

There are NO valid arguments against drilling there...none

WildmoreroyaltiesAlaska
 
Your gonna tell me that demand has increased three fold in the last two years? BULL!
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Gas prices have not tripled in the past two years. :wtf:

Price is set according to value, not cost. If people are willing to pay $3/gal - and we are - then they'll charge us $3/gal. Simple as that. No business is under any obligation to ensure that its' products are affordable for you. Buy a Geo Metro. Can't tow your boat with a Metro? Too bad; if you can't afford to fill your Suburban with $6/gal gas then you can't afford to tow your boat.

I realize that petroleum products are used for far more than just gasoline but gas is where the prices are affected the most and it's the product people "need" the least. Yet it's the one they want the most. If you don't like paying so much for gas then don't use so much of it. If it's too much of an inconvenience to you then do something about it but simply complaining that they're being greedy is completely antithetical to the idea of a free market economy.
 
Mike Irwin,

with the way things are going, if the tap is kept wide open, over the next few years, coastlines may be underwater.

Oil for fuel is early 20th Century technology.. and as we stopped burning coal for emissions/health reasons, it's way past time that we reverted to alternate fuels. Brazil (an arguably more democratic nation than ours) has been using ethanol based fuel since the 70's.
 
for me gas/diesel has the biggest perks. you can drive a big comfortable truck easily tow most anything you want to.
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Yes, but some of us don't need a cattle trailer to go on a date.

Even here in TX, 90% or more of the pickups/SUVs on the road don't spend enough time hauling or towing to make up for the gas wasted when they're not. A good number of the goobers driving them would save a significant amount of money by driving a small car and renting a truck on the rare occasions when it is actually needed for something other than compensation.

electric. the worst. just to get any sort of range (175 miles on a charge) they had to make it a little cramped cube that nobody would be comfortable in.
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Most people have a daily commute that is well within the range of an EV, and still makes up the vast majority of their annual drive time. Throw in the advantage of not wasting gas on idling in stop and go traffic, and they start getting even more attractive. Given that they don't need emission controls, etc. it should be possible to sell EVs at prices that would let them pay for themselves as a second vehicle within a year.

hybrid ha ha ha, twice as many parts to break and nobody to work on them. and if you find somebody to fix it you better have cash.
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Pop the hood on nearly any current production vehicle and tell me it's not 99% disposable. Take the one sitting in the driveway right now; plug wires are a dealer only part, and the fuel filter is built into the $250 fuel pump. Can't even tune it up properly, and the mfr sees nothing wrong with that because you're supposed to throw it away after 100k miles.
 
i know what your saying about truck getting used in the inappropriate manner. a "soccer mom" doesn't need a lifted 4x4 suv or truck. but on the other hand me and others need a truck to work out of.

i got to rambling in my last post and it was more of a 'taking the place of gasoline post'. and for the limited range and power of electric and the current price of the cars, that's why it wont replace gas. plus there so small a big guy like me couldn't fit in one, well at least comfortably.

Pop the hood on nearly any current production vehicle and tell me it's not 99% disposable. Take the one sitting in the driveway right now; plug wires are a dealer only part, and the fuel filter is built into the $250 fuel pump. Can't even tune it up properly, and the mfr sees nothing wrong with that because you're supposed to throw it away after 100k miles.
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in a way that is true, mfg's make cars to last five years because thats the time span of the typical auto loan. do you think that the mfg's will build the electric cars to last any longer? do you think that your average joe is going to be able to work on an electric motor any easier? no, so why switch to an alternative power source to have more disadvantage with all of the old ones.

as far as the tune up is concerned, most vehicles being made today are multi port fuel injection and cpc (coil per cylinder) and is tuned up while you drive.

if you mean changing plugs, wires, coil, cap & rotor, and fuel filter tune up, most plugs go 100k and all the rest is 200k. the only exception to that is the fuel filter which should be changed every 15k to 20k. the only one i know of that has the filter in the tank is ford, why they did it who knows its ford. but like i said its the only one i know of, there might be more.
 
Sneevil,

I take it you've read "Black Gold Stranglehold: The Myth of Scarcity and Oil Politics" by Jerome Corsi. If not you should because he makes that very same arguement........one I'm starting to agree with.

FF,

You'd be hard pressed to find anyone outside the Universities and the Northern Enviromental Center that is against drilling in ANWR.
For us it means jobs, taxes to run govt, at some point lower fuel prices and less dependence on supply from unreliable foreign sources.

It's not going to trash the frozen, mosquito-infested swamp up there.
If anything, the historical record shows that that environment is well cared for and especially the wildlife has benefited by living in a regulation generated sanctuary of sorts.

Look at it this way too. If the DSMF Congress pukes continue to vote against ANWR drilling, Uncle Ted (Stevens) will continue fleecing you of a disproportionate amount of your tax dollars to pay for our infrastructure and capital projects up here which benefit you zilch.:D :p
 
ya but then again the tesla roadster is over $100k. you can buy the z06 vette for 40K under that price. 40k can buy a lot of gas:D
 
If you create an artificial scarcity you can demand any price you wish.

badbob
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And just how do you "create" an artificial scarcity? Furthermore, assuming you could, how would that bring in MORE dollars? Since I've been in the oil business thirty-five years, I am an old dog who is willing to learn new tricks.
 
I'd like to know what actual Alaskans think of ted stevens...Is that guy just about all cans short of a 6-pack or what?
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Careful not to clog up his internets with questions like this. It's a series of tubes, y'know. Not a big truck.
 
Impact of Alaska oil infrastructure on local wildlife:

11-Bears%20on%20pipeline.jpg


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I'd like to know what actual Alaskans think of Ted Stevens. Is that guy just all cans short of a 6-pack or what?
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We keep overwhelmingly sending him back to DC to dig in your pockets.:D He's a little soft on gun stuff, but in most other issues he represents my views pretty well.

Your six-pack will probably be missing a can or two once you reach his age too.;)
 
We keep overwhelmingly sending him back to DC to dig in your pockets. He's a little soft on gun stuff, but in most other issues he represents my views pretty well.

Your six-pack will probably be missing a can or two once you reach his age too.
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While he was yelling like a madman at people suggesting that he not spend millions o a bridge to nowhere I thought he was just another moneygrubbing politician. When he refused to have his buddies from the oil companies swear in before the hearing - after which they were caught in a lie, what a surprise - I thought he was just another corrupt politician making sure his friends didn't look bad. When he sponsored that hearing on "decency" in the media I thought he was just another hard nosed bible thumper trying to **** all over the first amendment.

But when he spoke on net neutrality and showed the world his utter incompetence I realized he's just an old idiot. If you guys think he's worth representing your state, so be it. It'll keep me from moving there like DiFi keeps me from moving to Kali. But that shows yet again how our country puts people in charge of things when those people have absolutely no fracking knowledge whatsoever on the issue they're in charge of.

The internet is not a big trck, it's a series of tubes! :rolleyes:

http://www.youtube.com/watch?v=URYNnF5mz84 :barf:

Paid by his rich friends to allow something he doesn't even understand to pass through Congress withouth realizing the kind of censorship and abuse of market it will cause. He may be soft on guns but that man will glady take a long piss on the first amendment and throw it off his $223 million dollar bridge to nowhere.
 
I'm a pickup drivin goober, and if the greenpeace sissies dont like it thats too bad.:D You know why I drive a pickup? because I can. I like being able to haul stuff when I want, I hunt so I need 4x4, and I live in America where I can drive what I want if I can feed it. I got a few questions. Epyon, how do you know oil is finite? We have been hearing for years now that we are about to run out, and yet we just keep finding more. Polymer, What real, hard evidence do you and Algore have to support your assertion that the seas are gonna rise up and wipe us out?
 
I remember well reading in the 70's in the major news magazines how the world oil reserves would run out in 30 to 35 years. I also remember how the according to scientists at that time that we were still at the tail end of a mini-ice age and that we could be poised to begin another ice age.

I think scientists and politicians and activists and businesses like to use information to further their personal agendas, to gain political power, and to bolster their preconcieved beliefs in which they are emotionally and/or economically invested. The quest for the truth is the first victim. And I think the vast majority of the public allows themselves to be manipulated like a bunch of lemmings.

A question, when you think of the news media, politicians, the law, courts, big business, and governments - do the words common sense, or the word wisdom, or the word truth ever come to mind.

I have a standard question for environmentalists that push for electric cars and an end to the burning of fossil fuels (oil, coal) and of course god forbid nuclear energy - what are you planning to use to generate all that electrical energy?

Lastly, oil is not a "free market." Oil producing countries control production, oil companies control refining, and governments tax and through environmental regulations raise the cost of production and limit the ability to produce and drill not just for oil but the use of alternative energies new (nuclear, ect...) and old (coal). Energy costs are hostage to all the above and "free market" is not part of the real equation.
 
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