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napsgear
genezapharmateuticals
domestic-supply
puritysourcelabs
Research Chemical SciencesUGFREAKeudomestic
napsgeargenezapharmateuticals domestic-supplypuritysourcelabsResearch Chemical SciencesUGFREAKeudomestic

OIL PRICES THREAD...I know REPOST!

I'm interested in the bills to fix the "enron loophole" and to take the gas prices out of the hands of commodity speculators. We can bring these prices down without ANWAR drilling
 
blackhat said:
Sounds a lot like Enron. FYI anyone who hasn't seen "The Smartest Guys in the Room" and is reading this thread needs to go pick that movie up ASAP. And then you will need to grab so vasoline and go buy some more gas before it hits over 7 a gallon in December as projected.

As of currently, it is over $7 per gallon in North Germany. I can't speak for anywhere else.

Trailer: http://www.jaman.com/a/Enron-Smartest-Guys-Room/video/0vD7SydSD_X4

Streaming full film: http://video.google.com/videoplay?d...+in+the+room+&ei=YARgSKawNYW05AL18cn3Bg&hl=en
Lay was in VERY TIGHT with the Bush campaign, and shortly after Bush was elected Bush signed the law allowing Enron to jack up the energy prices in California to the point that it almost bankrupted them.


HMMMMMMMM...

Then he denied even knowing Ken Lay. I've seen tapes of Bush and Lay patting each other on the backs and Bush saying that he was a great supporter, etc.
 
heatherrae said:
Lay was in VERY TIGHT with the Bush campaign, and shortly after Bush was elected Bush signed the law allowing Enron to jack up the energy prices in California to the point that it almost bankrupted them.


HMMMMMMMM...

Then he denied even knowing Ken Lay. I've seen tapes of Bush and Lay patting each other on the backs and Bush saying that he was a great supporter, etc.

A little bit of that is featured in the film. Bush helped lay get appointed to Secretary of Energy. It's not a boring film, very informative and a lot of it will surprise most people.
 
Cal_21 said:
I'm curious what you EF'ers think about ANWAR drilling.

Also, whaddya guys believe the implications would be for the economy(in the U.S. & Internationally).

I know a common argument against it fixing the current oil prices, is that "It won't effect things right for a few years". Well...

Hypothetically: We allow ANWAR drilling for oil, and in the meantime, we start using up our reserves....

Talk amongst yourselves.

p.s. I fucking love you all.

:heart: :qt: :rainbow:
why dont u go join the mariens and loose an arm oveer it brother....

told u fuckstick i love u but going to college dropping out to go be in the infantry is ass backwards...

watch the "building marines" show on paris island.... try to find a documetery on basic...

just sayin do some research man...

its better than going oh fuck what have i gotten myself into now
 
http://www.anwr.org/ANWR-Basics/Top-ten-reasons-to-support-ANWR-development.php


Top ten reasons to support ANWR development

Arctic Winter Exploration1. Only 8% of ANWR Would Be Considered for Exploration Only the 1.5 million acre or 8% on the northern coast of ANWR is being considered for development. The remaining 17.5 million acres or 92% of ANWR will remain permanently closed to any kind of development. If oil is discovered, less than 2000 acres of the over 1.5 million acres of the Coastal Plain would be affected. That¹s less than half of one percent of ANWR that would be affected by production activity.
2. Revenues to the State and Federal Treasury Federal revenues would be enhanced by billions of dollars from bonus bids, lease rentals, royalties and taxes. Estimates on bonus bids for ANWR by the Office of Management and Budget and the Department of Interior for the first 5 years after Congressional approval are $4.2 billion. Royalty and tax estimates for the life of the 10-02 fields were estimated by the Office of Management and Budget from $152-237 billion.

3. Jobs To Be Created Between 250,000 and 735,000 ANWR jobs are estimated to be created by development of the Coastal Plain.

4. Economic Impact Between 1977 and 2004, North Slope oil field development and production activity contributed over $50 billion to the nations economy, directly impacting each state in the union.

5. America's Best Chance for a Major Discovery The Coastal Plain of ANWR is America's best possibility for the discovery of another giant "Prudhoe Bay-sized" oil and gas discovery in North America. U.S. Department of Interior estimates range from 9 to 16 billion barrels of recoverable oil.

6. North Slope Production in Decline The North Slope oil fields currently provide the U.S. with nearly 16% of it's domestic production and since 1988 this production has been on the decline. Peak production was reached in 1980 of two million barrels a day, but has been declining to a current level of 731,000 barrels a day.

7. Imported Oil Too Costly In 2007, the US imported an average of 60% of its oil and during certain months up to 64%. That equates to over $330 billion in oil imports. That’s $37.75 million per hour gone out of our economy! Factor in the cost to defend our imported oil, and the costs in jobs and industry sent abroad, the total would be nearly a trillion dollars.

8. No Negative Impact on Animals Oil and gas development and wildlife are successfully coexisting in Alaska 's arctic. For example, the Central Arctic Caribou Herd (CACH) which migrates through Prudhoe Bay has grown from 3000 animals to its current level of 32,000 animals. The arctic oil fields have very healthy brown bear, fox and bird populations equal to their surrounding areas.

9. Arctic Technology Advanced technology has greatly reduced the 'footprint" of arctic oil development. If Prudhoe Bay were built today, the footprint would be 1,526 acres, 64% smaller.

10. Alaskans Support More than 75% of Alaskans favor exploration and production in ANWR. The democratically elected Alaska State Legislatures, congressional delegations, and Governors elected over the past 25 years have unanimously supported opening the Coastal Plain of ANWR. The Inupiat Eskimos who live in and near ANWR support onshore oil development on the Coastal Plain. ( continued on the link )


drill here, drill now!!
 
Cal_21 said:
I'm curious what you EF'ers think about ANWAR drilling.

Also, whaddya guys believe the implications would be for the economy(in the U.S. & Internationally).

I know a common argument against it fixing the current oil prices, is that "It won't effect things right for a few years". Well...

Hypothetically: We allow ANWAR drilling for oil, and in the meantime, we start using up our reserves....

Talk amongst yourselves.

p.s. I fucking love you all.

:heart: :qt: :rainbow:

booms - hippies rule.

recessions - hippies run and hide.

So yes it can start, but we'd be at least 10 years away from seeing a comparable increase in refinery constructions (if even that) and god help you, if you seriuosly think the oil spectators won't think of anything they can to drive up prices regardless.

Oil prices shot up almost double in 2 years. You wanna believe everyone in china, india bought v8's, and saudi, venezula, russia and canada oil fields all had huge explosions those last 2 years???

oil is more expensive in europe and canada. remember that.

spending $200 more per gas per month is not killing Americans. Same people who don't mind $2500 mortgages if it's "investment". hahahaha.

r
 
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