They Claim There's No Oil...Latest North Dakota Bakken Oil Field Estimates..........

From my perspective it has never been about satisfying the demands of American consumption on these shores with oil found underneath these shores. It's always been about the manipulation of the price of oil, better put, GREED. What better way to justify the ever increasing lust for more profits then to hide behind foreign entities (and discord on their home soil) as the reason the cost of oil per barrel is goes up daily.

Originally posted by neo96


isn't likely there and isn't profitable to extract pretty sure government regulations have a lot to do with that

government regulations surely isn't to blame for the oil not being there. And I'm not sure I can see how allowing foreign-based and domestic oil companies to freely pollute our land is really in the interest of the US. That's what those pesky regulations DO, you know.

the only reason business and industry and the oil industry leave this country is because of liberal policies.

Funny, but absurd. And based on a false premise. We aren't talking about ANY industry. We are talking about oil. And if the oil was here to be extracted, the companies would be there extracting it. You claim was drilling would be the panacea for gas prices, but have not given a shred of insight into hwo this would actually work in the market. Instead, you blame 'liberals', a bogeyman indeed.

answer me this wouldnt you rather drill here instead of go invade other countries because the entire wealth of this country is dependent upon on single commodity?

Well, the POINT, though, is that the oil isn't 'here' to be drilled. We are already extracting what we can extract. We import oil because we exceed our own stores. Now, you could lobby for us to CONSUME less. But you cant really expect us to magically produce more oil than we actually have in the ground. And, sure, stripping th inudstry of regulations might lower operating costs a tiny, tiny amount, but as we've seen with the recent BP 'spill', stripping regulation has some seriously bad effects on the economy.

i would think of the trillions that would be save but alas no no drilling here no thing./quote]

You keep saying that, like it will magically make oil appear. Why? And how would it save trillions to drill for oil that we dont have? PLEASE, show me the locations of all this oil sitting untapped, hidden away by those pesky, all-powerful environmentalists.

and heres another thing that those "wacky environmentalists" are not thinking about everything else that is made from oil by products google the list its quite large alot of things you will take a double take on.

Yes. And the price of tea in china is high this year.

quote]not to mention the new jobs and new wealth that would be created here instead of abroad and consider where all that wealth goes to.

AGAIN, you cant magically create jobs extracting oil that isn't there.

20 million on umemployement another 50 million on welfare your talking oil industry and the pay scale is pretty good how many people would be lifted up out of poverty in this country ? how much more tax revenue would be generated in government taxes? more people working means less people on umemployment and welfare./quote]

Mmmhmmm. STILL not seeing your reasoning for WHERE all this oil supposedly is.

or we can continue to sit back and cry and moan about how evil big oil is when it was those government regulations that have killed off the compitetion to the point that there are only a few remaining.

Ahh, yes, back to the claim that 'regulations' made the oil disappear.

people seem to forget big goes to where the oil is and oil and oil shale is here in vast quantities.

if people really want to change us foreign policy and insure economic and national security we have the assets here what we need is the go ahead.

Again, you seem to think oil is an infinite resource. IT isn't

and people who block drilling here and offshore are perpetuating and inflating the coming disaster.

The disaster of what? The oil being all gone? You can't really blame the people you say are PREVENTING the oil from being extracted (the oil you are claiming is so abundant) for the oil not being there, can you? Well, you just did!

Love it, bro!

edit on 23-4-2011 by neo96 because: (no reason given)

Originally posted by ccponzi

Originally posted by unityemissions
reply to post by ccponzi

 

I'm not stuck in your box. The term liberal socialist has no meaning to me. There are many groups, some government funded, that are starting to produce algae oil. We should certainly be very wise about how we produce our energy needs, and how it effects the environment.

But you have said nothing about an understanding of what Oilgae is, how it is produced, etc.

Well, you really do seem to be trying hard to troll your own thread. I think it's kind of fascinating, to be honest.

Should I have commented on astrology, the introduction of Ford Motors, and what I think is the best way to make an omlet as well?

Why don't YOU make a thread about "oilgae"?

reply to post by incrediblelousminds


your point of view differs from mine thats fine with me

unless your a geologist and have any degrees in petrochemical engineering i have stopped listening

sorry.

i am moving on nice chat but we will never have any common ground here.

respectfully signing off.

reply to post by MJZoo


if we deplete our oil? well I say use ours up, THEN GO FIGHT OVER FOREIGN oil, I mean we are already fighting over it as if we used all ours up already..

doesn't that make sense?

the only reason why i can think of them not taping into the oil for our great country would be because they dont want to have to pay the money we owe to other countrys. perfect reason for another market crash and than currency around the world will have to be reastablished. and look who still has oil. guess ill just get my chair ready for when the show starts. or we the citizens of the us need to wake up and smell what the Gov is cooking.

Originally posted by neo96
reply to post by incrediblelousminds

 

your point of view differs from mine thats fine with me

unless your a geologist and have any degrees in petrochemical engineering i have stopped listening

sorry.

No, I am not a geologist or petrochemical engineer. But we do have access to this thing called the internet, that is full of information and the information available on the availability of oil in the US is based on what experts have to say on the subject. If you go back and review my posts, you will see several links that are based on information from these very experts. And guess what, there is a consensus that oil production in the US peaked in the 70's.

But way to dodge the data when it disagrees with your partisan talking points.

Originally posted by ccponzi
reply to post by Danbones

 

I'm sitting on the beach in South Florida looking at ALL those Canadian tourists who somehow have more money than we Americans can count.

I've been watching Canadian tourists for decades. And every year they show up on the beaches with more money than they had the year before.

And there goes yet another bunch of Canadians onto the South Florida golf courses, spending money like there's no tomorrow.

Those dang Canadians know something many Americans don't know. That's for sure.

Ya know what? It's dang hard to find a POOR CANADIAN anymore. They don't tip worth a crapola in restaurants. But they sure have pocket fulls of cash.

Have you ever come here for a visit...we tip pretty damn goodLOL...additionally a decade ago americans were mocking the candians more conservative banking system and more conservative investments...and statistically we hold on to our investments...keep a car for several years, or atleast finish its lease term...

Remember the ant and the grasshopper child story....guess whos who?

reply to post by incrediblelousminds


Are you saying the oil in the earth is not hydrocarbons?or they did not occur naturally?...remember the spike in oil prices when the "term" peak oil was used...you guys freaked out someone shot the idea out there, then they went with it....you going to listen again?

Oil was here naturally from the earth and i am sure its going to keep doing it whether you and your scientist you sited like it or not...

Have you bothered to google the previously drilled wells are refilling in places....or those sceintists are as cool as yours? ya you are right i will listen to just your sceintists....peak oil... nu clear...will the play on words to scare you ever stop working lol...

reply to post by Drala

Look, you can spew all the abiotic oil stuff you want. It's a fantasy, like an Ayn Rand novel. And if you used even a LITTLE bit of critical thinking skills, you would grasp it is a fantasy being spewed by those who want to promote our continued, unabashed use of fossil fuels so that prices will continue to rise.

If you will notice, the guy I was 'debating' with was claiming that there is plenty of oil, and it's just the liberals preventing us from accessing it. And while I clearly showed that is not true even he wasn't willing to go to the fantastical extreme you are by claiming that oil is infinite.

Oil is a finite resource.

here is a great site dealing with peak oil and all the ramifications..

www.oilempire.us...

reply to post by nixie_nox


Agreed the price of oil is being manipulated by OPEC, then the US dollar is also by the Federal Reserve.

The dollar drops and of course everything else costs more.

Not sure who "they" are. However, since oil (and natural gas) are been shown (repeatedly) to be resources that have little to nothing to do with dead organic matter, (simply google radiological age oil), they are not finite.
Still a good idea to look at other sources, but soaring prices have more to do with market forces than they do with "no oil".

Idk it sounds too good to be true

but it would sure be nice

reply to post by rebeldog


Common sense dictates the buyer always has the power in the business relationship.

This discovery is old news, yes.

This discovery has conflicting reports of the oil purity, yes.

This discovery extends into Canada as well, yes.

This discovery is complicated by the cost of horizontal steam pumping techniques until oil prices approached $200.00/barrel, yes.

This is shell oil, yes.

This has been drilled since 2006 with marginal cost per investments returns, yes.

I bought stock in the companies drilling there today, no.

Originally posted by Noncompatible
Not sure who "they" are. However, since oil (and natural gas) are been shown (repeatedly) to be resources that have little to nothing to do with dead organic matter, (simply google radiological age oil), they are not finite.
Still a good idea to look at other sources, but soaring prices have more to do with market forces than they do with "no oil".

edit on 24-4-2011 by Noncompatible because: (no reason given)

Shown 'repeatedly' by whom?

Abiotic oil is a theory, not a fact. And it is a flimsy fringe theory.

Originally posted by dragonridr
Wow your math is bad you need to watch those zeros. First the US uses 20 million barrels a day not 20 billion!!!!

About time someone caught that.... I mean it’s one thing to be a little off the mark but by a thousand times? And look at all those posters who agreed without checking sources. They were all off by a thousand times too…

reply to post by nixie_nox


The US uses 20 MILLION barrels a day, not billion. Check yer facts.

2nd.

reply to post by ccponzi


Environmentalists have never been a serious lobby in the US.

In all likelihood the oil companies themselves were preventing tapping into US resources in order to increase their own profits by forcing dependency upon foreign oil, and thus having more total control of the worldwide markets, and keeping the supply of oil low (so they can justify charging more).