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Thread: Drill here, drill now, pay less!
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06-16-2008, 03:53 AM #11
Anyone here know about Gull Island? Alaska? 1977?? That's when Atlantic Richfield found the largest pool of oil in North America and possibly the world. There is enough oil there for America for the next 200 years. Guess what? There are 2 pools in that area and they are almost equal in size. Do the math. But, so far not one drop has been used by anyone. It was suppressed. Nice.
Also, anyone remember what good ol' Henry Kissinger was up to at about the same time? He made deals with the Saudis under the condition that the Saudis would only take US dollars for their oil, and would then have to invest those dollars back into US government securities. Yeah, the Saudis would finance the U.S. government deficits! Get the picture? So, if we don't get oil from the you know who's, and decide to use our own oil........ who's gonna finance the U.S. deficit? We will go belly up fast. We have been transformed from the world's largest creditor nation in to the world's biggest debtor nation. Time for some house cleaning.
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nun2sharp (06-17-2008)
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06-17-2008, 02:29 PM #12
How many more people must be exploited, how much more land and water needs to be wasted, how many more species must we kill in order to just stave off the inevitable? Wouldn’t it be better to find a more humane and natural way to live? We need earth, clean air and clean water to live. We don’t need oil.
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06-17-2008, 02:34 PM #13
Here's an interesting piece regarding price fixing:
As reported in the Montreal Gazette, Friday…
“Companies Fined For Fixing Gas Prices
For the first time in Canadian history, gas companies have been found guilty of fixing prices at the pump.
The country’s Competition Bureau brought criminal charges against 11 companies and 13 people tied to those companies in Sherbrooke and three nearby cities.
Three companies pleaded guilty. For the eight companies that pleaded not guilty, the case will go to criminal trial in Quebec Superior Court.
Bureau commissioner Sheridon Scott said she believes 21 out of 22 gas stations in Thetford Mines, 23 out of 24 stations in Victoriaville, 56 out of 65 stations in Sherbrooke collaborated to fix prices from 2005 to 2007.
Ultramar, one of the largest marketers and refiners of petroleum products in the country, was amoung the companies that pleaded guilty along with one of the regional sales representatives…...”
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06-17-2008, 03:04 PM #14
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06-17-2008, 03:10 PM #15
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06-17-2008, 03:16 PM #16
How many species and other people have we killed so that we may live a “better” life. Better in what way?
How does oil save anybody? All I see is the death and destruction that it causes.
Yes oil comes from the earth, but so does uranium. Do you want to handle that or spray your food with it? We should live within the means of the current suns energy, not the energy that is from millions of years ago. Or do you regard yourself better than any other living being on the earth?
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06-17-2008, 03:24 PM #17
- Join Date
- Feb 2008
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Thanked: 735I don't think it is about supply and demand.
It is about how much can the oil companies get away with.
They used the hurricanes in the gulf two years ago as a reason to jack up prices, since "oil production will be impacted".
Well, guess what? Oil production came back on line, but they liked the profit margin they were getting, so prices remained high. And since they liked the way that price hike went, they are continuing to creep the price higher and higher, because nobody can stop them. Like the proverbial frog in the pot of water that gets hotter and hotter, here we are.
Who'd gonna step in? Dick "I have a 26 million dollar goodbye check from Big Oil" Cheney? Nope.
George "I was installed by big corporation backing" W. Bush? Nope.
Condolleza "I used to have an oil tanker named after me" Rice? Nope
So, Exxon Mobil continues to have record profits. Drilling more wells will give them more product to sell, but it does not mean that they will be any means lower their prices. They use the IDEA that further drilling will lower your prices to leverage people into allowing drilling in areas that it is now prohibited. But in the end, without some sort of accountability on pricing, they will still charge as much as they can get away with.
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nun2sharp (06-17-2008)
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06-17-2008, 03:27 PM #18
Oil drives life-saving technology. People survive more diseases, accidents, and years because of oil-driven technology. It also improves quality of life in so many areas. The question is do the benefits outweigh the costs?
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06-17-2008, 03:30 PM #19
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06-17-2008, 03:34 PM #20
Life saving technology? Like the PVCs that they create in order to save one rich man's life but in turns kills many other people and animals with cancers and poisons?
Mostly diseases that are a by-product of the industrialization itself and the poisoning of our water and food sources.
This doesn't even get into the wars and killings that must be waged so that we may strip the land from the indigenous people who live where the oil is.