President Bush and the Republican’t Nominee John McBush are both trying to exploit our pain at the gas pump into an opportunity to get even more profits for the oil companies by lifting the ban on offshore oil drilling.
This is an environmental disaster waiting to happen and it will NOT help lower gas prices. Worse yet it is an investment in continuing our dependence on oil and our reliance on oil producing countries that hate us.
It is time that we “turn and face the change” to alternative energy, renewable resources, Green Energy.
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At a townhall meeting in May, Senator John McCain was cool to the idea of ending a federal moratorium on drilling offshore, but he now fully endorses removing federal restrictions on the drilling practice.
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More offshore crane work taking place.
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Rising in the Senate on May 13, Chuck Schumer, the New York Democrat, explained: "I rise to discuss rising energy prices." The president was heading to Saudi Arabia to seek an increase in its oil production, and Schumer’s gorge was rising.
Saudi Arabia, he said, "holds the key to reducing gasoline prices at home in the short term." Therefore arms sales to that kingdom should be blocked unless it "increases its oil production by one million barrels per day," which would cause the price of gasoline to fall "50 cents a gallon almost immediately."
Can a senator, with so many things on his mind, know so precisely how the price of gasoline would respond to that increase in the oil supply? Schumer does know that if you increase the supply of something, the price of it probably will fall. That is why he and 96 other senators recently voted to increase the supply of oil on the market by stopping the flow of oil into the Strategic Petroleum Reserve, which protects against major physical One million barrels is what might today be flowing from ANWR if in 1995 President Bill Clinton had not vetoed legislation to permit drilling there. One million barrels produce 27 million gallons of gasoline and diesel fuel. Seventy-two of today’s senators — including Schumer, of course, and 38 other Democrats, including Barack Obama, and 33 Republicans, including John McCain — have voted to keep ANWR’s estimated 10.4 billion barrels of oil off the market.
So Schumer, according to Schumer, is complicit in taking $10 away from every American who buys 20 gallons of gasoline. "Democracy," said H.L. Mencken, "is the theory that the common people know what they want and deserve to get it good and hard." The common people of New York want Schumer to be their senator, so they should pipe down about gasoline prices, which are a predictable consequence of their political choice.
Also disqualified from complaining are all voters who sent to Washington senators and representatives who have voted to keep ANWR’s oil in the ground and who voted to put 85 percent of America’s offshore territory off-limits to drilling. The U.S. Minerals Management Service says that restricted area contains perhaps 86 billion barrels of oil and 420 trillion cubic feet of natural gas — 10 times as much oil and 20 times as much natural gas as Americans use in a year.
Drilling is underway 60 miles off Florida. The drilling is being done by China, in cooperation with Cuba, which is drilling closer to South Florida than U.S. companies are.
ANWR is larger than the combined areas of five states (Massachusetts, Connecticut, Rhode Island, New Jersey, Delaware), and drilling along its coastal plain would be confined to a space one-sixth the size of Washington’s Dulles airport. Offshore? Hurricanes Katrina and Rita destroyed or damaged hundreds of drilling rigs without causing a large spill. There has not been a significant spill from an offshore U.S. well since 1969. Of the more than 7 billion barrels of oil pumped offshore in the past 25 years, 0.001 percent — that is one-thousandth of 1 percent — has been spilled. Louisiana has more than 3,200 rigs offshore — and a thriving commercial fishing industry.
In his book "Gusher of Lies: The Dangerous Delusions of ‘Energy Independence,’ " Robert Bryce says Brazil’s energy success has little to do with its much-discussed ethanol production and much to do with its increased oil production, the vast majority of which comes from off Brazil’s shore. Investor’s Business Daily reports that Brazil, "which recently made a major oil discovery almost in sight of Rio’s beaches," has leased most of the world’s deep-sea drilling rigs.
In September 2006, two U.S. companies announced that their Jack No. 2 well, in the Gulf 270 miles southwest of New Orleans, had tapped a field with perhaps 15 billion barrels of oil, which would increase America’s proven reserves by 50 percent. Just probing four miles below the Gulf’s floor costs $100 million. Congress’s response to such expenditures is to propose increasing the oil companies’ tax burdens.
America says to foreign producers: We prefer not to pump our oil, so please pump more of yours, thereby lowering its value, for our benefit. Let it not be said that America has no energy policy.
Yes, we are. The increase in the price of oil has just as much to do with the decrease in the value of the dollar as it does with supply. Our own government has to answer for the declining dollar due to irresponsible spending practices.
(Sacramento) Assemblymember Pedro Nava (D-Santa Barbara) joined many of his colleagues in the State Legislature to oppose a proposal to allow new oil drilling off the coast of California. During the floor debate on legislation (AB23xxxx) to allow the PXP/Tranquillion Ridge project to go forward Assemblymember Nava said, This bill is all about manipulating the budget crisis to create a windfall for one oil company and called it an historic reversal of decades of environmental policy. Heres more from Assemblymember Nava in this Assembly Access video.
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http://www.ogfj.com/index/article-display/5650278220/articles/pennenergy/petroleum/offshore/2010/02/production-commences.html
He/she/it may be confused about it’s gender but we are not confused about our rights.
Chúc ngủ ngon và có những giấc mơ đẹp!
Most of us come for your women. Though when you are the home-grown choice, I do not blame them for taking to us dazzling foreigners.
Years of pictures and video taken from offshore platforms Hondo, Harmony and Heritage off the Santa Barbara Coast.
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The U.S. is #3 in the world in oil production. At almost 8 million barrels a day we are 2nd only to Russia and the Saudis. Meanwhile, we consume almost 20 million barrels a day- way more than most countries of similar size. We use more oil than France, England and Germany combined.
Aside from the fact that there is no guarantee that we will find more oil offshore (the oil companies have existing leases that they are not opting to explore or drill) there is also no guarantee that any oil that is found will stay in the U.S.!
Why aren’t the Republicans talking about conservation, increasing fuel economy and energy efficiency?? Do they want us to believe that if we drill that gas will go back down to $2 and you can keep your Hummer? Where is the progressive thought? We didn’t get in the situation for lack of oil! We are swimming in oil, its just that we waste way too much of what we produce.
We have 3% of the worlds oil yet consume 25% of the worlds oil…..
Do the math people!
Are mindless sheep who don’t know the facts?
Proponents for drilling make the argument that setting up offshore drilling will reduce America’s dependence on other countries for oil.
A few key facts:
1. Offshore drilling here in the United States will not bring us lower gas prices. Oil prices are determined by the global oil market
2. Increased oil production doesn’t mean that we will pay less for gas. From 1999 to 2007, the amount of drilling permits increased by 361 percent.
3. It would take at least a decade for oil companies to obtain permits, procure equipment, and do the exploration necessary to get the oil out of the ground, most industry analysts say. And even then, they add, the amount of new oil produced would probably be too small to significantly affect world oil prices.
4. By 2027, gas prices would only fall by 3.5 cents per gallon if we drill for oil offshore.
DNA fairy, you are right, the two "speculations" slightly conflict. To edit, it should be stated that the oil production would make a 3 cent change 20 years from now.
they’ve been drilling in the gulf for the past few years and look where gas prices are………
Take note of how clear the water is in this spearfishing video. It’s not very well known that oil rigs make great support systems for fish and other sea life. A man made artificial reef. Video from Divers.
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