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Bush to lift offshore drilling ban

View Poll Results: Overall is this good or bad?
This is great and should have been done long ago! 40 46.51%
This is the wrong thing to do! 9 10.47%
This good for the economy but bad for the environment. 12 13.95%
This will not make a difference. 16 18.60%
We are still headed in the wrong direction. 30 34.88%
Multiple Choice Poll. Voters: 86. You may not vote on this poll

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Old 07-14-2008, 04:35 PM   #31 (permalink)
OH-JJ
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Originally Posted by Grizbear98 View Post
I don't understand how destroying the environment to get a natural resource that is diminishing, can be replaced by newer technologies, and the cost will not be reflected for 7 years and will STILL be high, helps us at all

perhaps you can elaborate your straw man argument alittle.
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Old 07-14-2008, 04:39 PM   #32 (permalink)
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I don't understand how destroying the environment to get a natural resource that is diminishing, can be replaced by newer technologies, and the cost will not be reflected for 7 years and will STILL be high, helps us at all
That's because all of your premises are incorrect.
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Old 07-14-2008, 04:43 PM   #33 (permalink)
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The bigger issue is that even if they started drilling right now in the Gulf (which won't happen because propsecting isn't permitted and they need to find it) we wouldn't see the first barrels of oil for at least 3 years and most probably 5 years. Granted we will still be dependent on oil in that timeframe but Bush is using the current economy and demand crisis to gain public support and push this through congress. I wonder if he has any private interest in this after his presidency ends? (Not trying to start a conpsiracy theory, just wondering)
Sorry that is completely incorrect.

from that time the oil companies say go, they will be pumping oil in less than six months.

there will be a short delay while they double the crane capsity of some of the rigs. and they will be recalling the drill ships that are currently loaned out drilling core samples.

but within the year there will be many wells pumping oil.

but the even faster result will be OPEC will be scared and they inturn will drop there prices.
I am only quoting a CNN article:

Experts say offshore oil drilling would not have an immediate impact on oil prices because oil exploration takes years.

"If we were to drill today, realistically speaking, we should not expect a barrel of oil coming out of this new resource for three years, maybe even five years, so let's not kid ourselves," said Fadel Gheit, oil and gas analyst with Oppenheimer & Co. Equity Capital Markets Division.

Bush lifts executive ban on offshore oil drilling - CNN.com
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Old 07-14-2008, 04:44 PM   #34 (permalink)
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If there was a way to get oil from baby seals somebody would figure out how to make more baby seals thus more oil.

Ok we can launch an object the size of a golfcart send it across our solar system and have it land on another planet then communicate with it and even in some instances repair it but we don't have the technology to safely and efficiently drill for oil? That is what some poeple will try to tell you.

Drill baby Drill and oh yeah im all for doubling the size of the Alaskan pipeline since the carribou population has exploded since the builiding of the pipeline we can all start eating carribou.
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Old 07-14-2008, 04:44 PM   #35 (permalink)
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Quote:
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That's why you get a real hybrid like the Prius. There are electric cars right now that already get 100+ mpg such as the Tesla but those are much more expensive than hybrids. I know someone in CA( I think) converts cars into electric for 10k

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I still think this. Is the wrong approach.

So the gas price is around $4.30 / gallon

A hybrid can yield a mpg of around 45-60
An average car probably from 1998-2004 probably has mpg around 15-25

Switching to a hybrid is like cutting down fuel prices in half or more. This in turn reduces carbon emissions, quite a few people will enjoy the much quieter car as well, and it is an upgrade from most older cars.

The population is realizing this as in 2000, only 20,000 hybrids were produced. Today, there are 400,000 in use! We need to learn how to ween ourselves off of oil, not simply find some more so wecan have a few years of cheaper prices.
The problem is that lets take the Ford Escape Hybrid, it gets about 30MPG vs the 20 MPG the non hybrid version gets. It costs $7,000 more with a battery that has an unknown shelf life. Even at $5 a gallon its going to take about 85,000 miles to hit the break even and if you have to finance your vehicle, its going to be even more than that.

So I guess it depends where you are from an economic version and what kind of premium you would pay for a hybrid vehicle. Personally, I am waiting for the plug-in version of the Escape Hybrid, which will supposedly get close to 100MPG. Now we would be making some progress!
Well, when they start making a Prius with AWD and enough HP to drive effectively at 10,000 feet, I am all for it! I know there is a Lexus RX-400 out there that is, but doesn't get much better gas mileage than the Ford Escape Hybrid.
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Old 07-14-2008, 04:45 PM   #36 (permalink)
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Those oil companies donating money for alternate fuel seems like they're just putting one penny in the donation box for the poor.
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Old 07-14-2008, 04:48 PM   #37 (permalink)
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Quote:
Originally Posted by aggie99 View Post
Quote:
Originally Posted by OH-JJ View Post
Quote:
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The bigger issue is that even if they started drilling right now in the Gulf (which won't happen because propsecting isn't permitted and they need to find it) we wouldn't see the first barrels of oil for at least 3 years and most probably 5 years. Granted we will still be dependent on oil in that timeframe but Bush is using the current economy and demand crisis to gain public support and push this through congress. I wonder if he has any private interest in this after his presidency ends? (Not trying to start a conpsiracy theory, just wondering)
Sorry that is completely incorrect.

from that time the oil companies say go, they will be pumping oil in less than six months.

there will be a short delay while they double the crane capsity of some of the rigs. and they will be recalling the drill ships that are currently loaned out drilling core samples.

but within the year there will be many wells pumping oil.

but the even faster result will be OPEC will be scared and they inturn will drop there prices.
I am only quoting a CNN article:

Experts say offshore oil drilling would not have an immediate impact on oil prices because oil exploration takes years.

"If we were to drill today, realistically speaking, we should not expect a barrel of oil coming out of this new resource for three years, maybe even five years, so let's not kid ourselves," said Fadel Gheit, oil and gas analyst with Oppenheimer & Co. Equity Capital Markets Division.

Bush lifts executive ban on offshore oil drilling - CNN.com

But what you are trying to impact is the futures market which is impacted by the scarcity of foreign production. Just the potential of additional domestic production will take some of the escalation out of the commodities market.

You are correct that it would take a minimum of 3 years for the oil we know about say off the coast of Virginia. Production could be increased off the California coast even faster where the infrastructure is already out there, and could be connected through the use of tie backs.
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Old 07-14-2008, 04:48 PM   #38 (permalink)
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I hear all the talk of hybrids but nobody can answer my question about disposing of the batts im thinking the disposal cost of huge banks of lithium batts would be brutal on the consumer!!! I know as it is now you have to pay a fee for disposing of your lead acid batt when you dispose of it.
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Old 07-14-2008, 04:50 PM   #39 (permalink)
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Quote:
Originally Posted by Grizbear98 View Post
I don't understand how destroying the environment to get a natural resource that is diminishing, can be replaced by newer technologies, and the cost will not be reflected for 7 years and will STILL be high, helps us at all

perhaps you can elaborate your straw man argument alittle.
Watch the insults, it is the fastest way to kill a good debate and end this thread.
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Old 07-14-2008, 04:52 PM   #40 (permalink)
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Originally Posted by Grizbear98 View Post
I don't understand how destroying the environment to get a natural resource that is diminishing, can be replaced by newer technologies, and the cost will not be reflected for 7 years and will STILL be high, helps us at all

perhaps you can elaborate your straw man argument alittle.
Watch the insults, it is the fastest way to kill a good debate and end this thread.
no insult just calling out a strawman argument.
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