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View Poll Results: To drill or not to drill, that is the question?
Yes, drill it. 147 79.46%
No, don't. 38 20.54%
Voters: 185. You may not vote on this poll

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Old 04-23-2008, 07:12 PM   #1
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Default Oil Poll

So we know that there are organizations dead set against drilling for oil in the United States (no matter what the reason) but hypothetically speaking, if you could vote to drill oil in Alaska (200+ billion barrels) and say North Dakota (400+ million barrels), what would you say?

I'm just curious if I'm in the minority or majority.

This is a basic question, not taking into account the refining capacities or anything else. I just want to see if it were as easy as just taking a vote to decide to drill oil in the U.S., how many would say yes or no.
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Old 04-23-2008, 07:15 PM   #2
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Default Re: Oil Poll

Drill, sooner or later they will anyway.
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Old 04-23-2008, 07:23 PM   #3
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All I know is things are getting tight for me. I'll have a real hard time staying afloat at $4
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Old 04-23-2008, 07:23 PM   #4
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Default Re: Oil Poll

dont' drill...
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Old 04-23-2008, 07:31 PM   #5
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Default Re: Oil Poll

Look up how many wells have already been drilled in the US that aren't being pumped right now and you will be shocked.
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Old 04-23-2008, 07:34 PM   #6
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Default Re: Oil Poll

I say drill. We already are now in many places in the U.S.
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Old 04-23-2008, 07:38 PM   #7
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Default Re: Oil Poll

they would just export it to China as they do now.

http://www.ipmall.fplc.edu/hosted_re...142_050506.pdf

Last edited by Eagleclaw; 04-23-2008 at 07:47 PM.
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Old 04-23-2008, 07:55 PM   #8
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Default Re: Oil Poll

I say drill, and whom ever gets drilling rights, must pay a percentage of the proceeds to universities with certified alternative fuel development programs. If we could get a 3rd party (like universities) proper funding, we could get over this dependency on oil, and be better off both financially and better for the world we live in.
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Old 04-23-2008, 08:07 PM   #9
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Default Re: Oil Poll

Quote:
Originally Posted by GraphiteZen View Post
Look up how many wells have already been drilled in the US that aren't being pumped right now and you will be shocked.
I agree...I've heard the same thing and because of that, no drill! Try to stand your ground!
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Old 04-23-2008, 08:10 PM   #10
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Default Re: Oil Poll

Drill -- Drill --Drill -- if we can do it without hurting the environment, and I believe that we have shown that already.
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Old 04-23-2008, 08:22 PM   #11
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Default Re: Oil Poll

Drill on my land please.
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Old 04-23-2008, 08:31 PM   #12
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Default Re: Oil Poll

Oil markets are global, or that is what we are constantly told. The US dumping more oil on the market may get closer to pre Bush oil prices, but we'll still be dependent on middle east oil. These prices are a wakeup call. Time to find more independent energy technologies. Still need to find a way to get to Tunatown though.....

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Old 04-23-2008, 08:50 PM   #13
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Default Re: Oil Poll

Barrel of oil in '01= $21

Barrel of oil in '08= $117

My gawd, we have to something quick. The war ain't helping anything.

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Old 04-23-2008, 08:54 PM   #14
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Default Re: Oil Poll

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Originally Posted by Freakwater View Post
Oil markets are global, or that is what we are constantly told. The US dumping more oil on the market may get closer to pre Bush oil prices, but we'll still be dependent on middle east oil. These prices are a wakeup call. Time to find more independent energy technologies. Still need to find a way to get to Tunatown though.....

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Old 04-23-2008, 09:14 PM   #15
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Default Re: Oil Poll

Take a look at your bank account. You're going to spend that money anyway, why not spend it all right now? Oh, you're saving it for a rainy day?

That's how I feel about domestic oil. I think we should be hoarding every drop of domestic oil we can, because someday, it isn't going to be as easy to get it from overseas. It is going to cost the American consumer exactly the same, whether the oil comes from Saudi Arabia or Alaska. Drilling in ANWR benefits a few oil companies and their shareholders, which I'm not particularly against, but neither am I for it. I think it's against our national interest to exhaust our reserves of oil before we see a way out of the oil dependence we have today.
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Old 04-23-2008, 09:26 PM   #16
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Default Re: Oil Poll

i dont know if its so much of a drilling issue as it is a refining (sp) issue. keep the refineries running a little more
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Old 04-23-2008, 09:31 PM   #17
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Our country's transportation infrastructure is built on petroleum products. It's the cheapest source of power. It would take 20 years or more to switch. So alternative energy in the pipeline isn't going to change that anytime soon.
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Old 04-23-2008, 10:00 PM   #18
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Default Re: Oil Poll

Too bad certain people *cough* didn't heed the warning of the 70's embargo.
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Old 04-23-2008, 10:18 PM   #19
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Default Re: Oil Poll

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Originally Posted by crazyinoregon View Post
i dont know if its so much of a drilling issue as it is a refining (sp) issue. keep the refineries running a little more
cost to much and takes to long for them to build any... and no one wants a refinery in their backyard. To much regulation, legal action in courts to stop anymore being built.
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Old 04-23-2008, 10:57 PM   #20
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Default Re: Oil Poll

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Originally Posted by Eagleclaw View Post
cost to much and takes to long for them to build any... and no one wants a refinery in their backyard. To much regulation, legal action in courts to stop anymore being built.
not talking about building more....just use the ones that already exist...i dont know if the big oil companies are hurting for money either record profits last year
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Old 04-24-2008, 03:01 AM   #21
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Default Re: Oil Poll

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Originally Posted by GraphiteZen View Post
Too bad certain people *cough* didn't heed the warning of the 70's embargo.
No need to. The CIA sent his cousin to "take care of the problem".
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Old 04-24-2008, 05:44 AM   #22
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Default Re: Oil Poll

Drillfor oil.
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Old 04-24-2008, 06:02 AM   #23
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i say NO in a big way to drilling.

1. it's clear that using oil is a bad thing and we need to get off of it at ALL costs.

2. the problem is not the supply of oil we pump out of the ground it's how quickly it gets refined, current refineries could increase production and have in the past, refining has been reduced in order to keep gas prices high

3. drilling more oil will NOT NOT NOT make gas prices come down


If we do drill the entire cost should be charged to the oil company themselves.

1 they should pay for ALL of the exploration
2 they should pay to purchase all of the land their facilities take
3 they should pay for ALL of their own infrastructure
they should pay for every last cent of the expendature associated with getting this oil to market. NO government assistance of any kind NOT ONE PENNY.

what scares me the most is how much people believe the oil companies who have already been stealing from them for the last 8 years.. There is a coincidence there but i won't mention it... oops just did. Drilling more oil inside the USA or anywhere else for that matter will NOT make gas prices lower nor will it keep the price from rising.. Supply and demand cannot control a corrupt system.
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Old 04-24-2008, 06:08 AM   #24
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Default Re: Oil Poll

Drill!!!!!! Until we find a substitute for oil we are screwed. Right now we need oil to live.
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Old 04-24-2008, 06:35 AM   #25
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Default Re: Oil Poll

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Originally Posted by rob allen View Post
i say NO in a big way to drilling.

1. it's clear that using oil is a bad thing and we need to get off of it at ALL costs.

2. the problem is not the supply of oil we pump out of the ground it's how quickly it gets refined, current refineries could increase production and have in the past, refining has been reduced in order to keep gas prices high

3. drilling more oil will NOT NOT NOT make gas prices come down


If we do drill the entire cost should be charged to the oil company themselves.

1 they should pay for ALL of the exploration
2 they should pay to purchase all of the land their facilities take
3 they should pay for ALL of their own infrastructure
they should pay for every last cent of the expendature associated with getting this oil to market. NO government assistance of any kind NOT ONE PENNY.

what scares me the most is how much people believe the oil companies who have already been stealing from them for the last 8 years.. There is a coincidence there but i won't mention it... oops just did. Drilling more oil inside the USA or anywhere else for that matter will NOT make gas prices lower nor will it keep the price from rising.. Supply and demand cannot control a corrupt system.
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Old 04-24-2008, 06:51 AM   #26
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Default Re: Oil Poll

Quote:
Originally Posted by Eagleclaw View Post
they would just export it to China as they do now.

http://www.ipmall.fplc.edu/hosted_re...142_050506.pdf
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Old 04-24-2008, 09:16 AM   #27
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Default Re: Oil Poll

My next question would be:

If better than 8 out of every 10 people believe we should drill, then why aren't we?

I have a strange feeling these numbers would be very similar if I did a poll on Global Warming and the hysteria surrouding it (ethanol, biodiesel, wave parks, etc.). It's interesting that 20% of the population is leading the other 80% around by the nose hairs. Why is that? Why does the voice of 20 outweigh the voice of 80?

Just trying to understand the world we live in.
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Old 04-24-2008, 09:23 AM   #28
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Default Re: Oil Poll

I think the demographic you are polling (fisherman) tend to be conservative.

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Old 04-24-2008, 09:24 AM   #29
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Well, one of the problems IMHO, is that you need to include the issue of offshore drilling just off the OREGON/WASHINGTON coast. There are already studies and proposals in place to do just that.

I think it's hard to say "yeah, go drill" in somebody else's state and not expect them to turn their eyes in our direction....

Wonder how the MR and WAVE energy folks would respond to that...
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Old 04-24-2008, 09:36 AM   #30
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I don't believe for a SECOND that drilling in Alaska or anywhere else will lower prices. It's simple economics. If we will pay for it "they" will charge us what ever "they" want....."They" control the suppy AND the demand.

Increasing the supply SHOULD lower the prices, but it would just increase profit. Until there is competition "they" will charge whatever "they" want.


I say no drill. EVER BTW - I'm NO Tre Arrow, I have 2 Ford PU's & 3 boats....Can you say carbon foot print!!!

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Old 04-24-2008, 09:45 AM   #31
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Default Re: Oil Poll

Drill. If you are concerned about environmental damage, the real nightmare will be processing oil tar sands in the Yukon once that gets going full tilt.
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Old 04-24-2008, 09:49 AM   #32
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Default Re: Oil Poll

Quote:
Originally Posted by corrirod View Post
My next question would be:

If better than 8 out of every 10 people believe we should drill, then why aren't we?

I have a strange feeling these numbers would be very similar if I did a poll on Global Warming and the hysteria surrouding it (ethanol, biodiesel, wave parks, etc.). It's interesting that 20% of the population is leading the other 80% around by the nose hairs. Why is that? Why does the voice of 20 outweigh the voice of 80?

Just trying to understand the world we live in.
Rod,
You need to listen to a little less conservative talk radio. If anybody is leading the country around by the short hairs it big oil.

USGS just released a report stating that there is 3.5-4.5 billion barrels of recoverable oil in North Dakota. Some estimates are dramatically (300-400 billion barrels, not million as in your first post) higher with newer technology than what USGS considered "current". All of Alaska has 20 billion barrels including AWNR. The gulf has 200 billion total. Why not go after oil that is easier to recover, it is located in the middle of our country, and it is located relatively near some pretty healthy refinery facilities in the Rocky Mountain plateau? Any guesses? Drilling has certainly increased in the area, but not like you would expect.

IMHO, it's more difficult for oil companies to justify the huge price increases that have been run up by speculators when the largest oil field discovered in 50 years is discovered right in the middle of your country.

Bush 1 threatened to release oil from the Strategic Reserve when prices started to get out of control and it brought things back down. Clinton released oil from the Strategic Reserve for the same reason. W is currently filling the Strategic Reserve to levels that have never been seen before with $117/barrel oil. Maybe he could at least slow the filling down so that we don't strategize ourselves further into the worst recession in 75 years?

As 1pump said in another post, they don't have any room left at GATX to store refined gasoline. Why are prices going up when there is so much in their reserve that they have to turn refined gasoline away? If you tell me because China wants more I'm going to laugh myself silly. Global economy or not, excess refined petroleum products are sitting in storage, just like in the 1970s when the oil companies were found to be in collusion. Nearly 100refineries have been taken off line by oil companies in the last 15 years because of consolidation in the industry. The reason for it was excess refining capacity, not NIMBY's or environmentalists. I'll never understand how Clinton, of all presidents, allowed that consolidation to occur under his watch. That process is, IMHO, what has allowed this run up to occur.

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Old 04-24-2008, 10:24 AM   #33
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I would have to say no, the only ones that would benefit from it are the oil companys and to some extent there share holders. The usage of oil in the US has actually been fairly flat over the past few years, the reason your seeing the prices we are is more due to a weakening US dollar and increasing demand from overseas. China and India being two of the main culprits from what I've read. So why would we want to put even more money in big oils pocket? See little to no relief at the pumps here at home, and take a chance of, although possibly limited, of destroying some of the last real remaining wilderness this country has? Don't make sense to me. What we do need is for our gov, to get off there backsides and help to get the economy rolling again, rather than taking there profits to the bank, and from wall street. Just my
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Old 04-24-2008, 10:25 AM   #34
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Two Fister,

I listen to both liberal and conservative talk radio equally so that argument won't float here. I try to base all my actions on reality, after hearing both sides of the story, not just because Hartman or Larson say its true. And most importantly I try to base my actions on tangeable evidence.

I knew about the North Dakota find but couldn't remember the exact amount so I just lowballed it. It really didn't have any bearing on my poll question so I didn't consider it that important.

I'm not concerned with who the president is, my statement applies regardless. I didn't see this poll as a Conservative vs. Liberal issue, but more an environmental hype vs. reality issue. Of course there are a million considerations involved with drilling but I wanted to see what the core thought was amongst people, which obviously is DRILL.

The thing I would most like to find out for myself is, why do I see everyday, more and more examples of how the minority of people are able to make decisions that the majority of people don't favor? There were a million topics I could've picked to get opinions on, I just picked oil because it's on everyone's mind right now.

Thanks to ALL of those who participated. (that includes liberals, conservatives, and realists)
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Old 04-24-2008, 10:37 AM   #35
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Default Re: Oil Poll

Quote:
Originally Posted by corrirod View Post

The thing I would most like to find out for myself is, why do I see everyday, more and more examples of how the minority of people are able to make decisions that the majority of people don't favor?
Because the weak got together and got laws passed to prevent them from being removed from the gene pool.

You can see this stuff every year on the show, Survivor. The weak band together to take out the strong. Ozzy the best survivor in the game this year hands down, was voted out last week by a group that couldnt beat him at the challenges.
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Old 04-24-2008, 10:38 AM   #36
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My vote would be to invade Venezuela and take their oil.
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Old 04-24-2008, 10:42 AM   #37
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It's gonna happen sooner or later anyway, I doubt it'll bring fuel prices down for us tho, or reduce our need for foreign oil in the long run, & I certainly hope when they do drill they take care of the enviroment, I would hate to see such a special delicate Caribou breeding habitat area destroyed.
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Old 04-24-2008, 10:46 AM   #38
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Depends - If some foreign company (BP, Shell, etc) wants to ruin public land, for which we, as the tax paying owners don't get compensated for, well go pound sand, no drilling!

If its private land go for it.

In between (US company and public land) we should split the revenue and stay the heck out of wildlife refuges, they are refuges for wildlife from us, I think we should honor the original deal that let them drill on the north slope to begin with - namely ANWR was off limits then and now, and forever.
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Old 04-24-2008, 10:51 AM   #39
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Quote:
The thing I would most like to find out for myself is, why do I see everyday, more and more examples of how the minority of people are able to make decisions that the majority of people don't favor?
The full answer to this could be a book. The short answer is the expansion of extra-constitutional federal government power during the late 19th and 20th centuries. The minority, in your example, also has better lobbyists and has the news media on its side. Note how views about oil companies in this very thread have been colored by how the news media presents those companies. You will never see the Oregonian note, for instance, that the taxes on a gallon of gas are about 3 times more than the profits of the oil companies even at the current high profit level. That you could eliminate the profits entirely and barely notice a price change - that people conveniently forget all the years when the oil companies were losing money.

Virtually 100 percent of the exploration, recovery, transportation, refining, storage and provision to the customer of gasoline and how that gasoline is turned into energy by your vehicle is controlled by federal or state government regulations. Each of these regulations increases the cost to the consumer and accounts for a much higher percentage of the cost of a gallon of gas then oil company profits.
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Old 04-24-2008, 10:58 AM   #40
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You will never see the Oregonian note, for instance, that the taxes on a gallon of gas are about 3 times more than the profits of the oil companies even at the current high profit level. That you could eliminate the profits entirely and barely notice a price change - that people conveniently forget all the years when the oil companies were losing money.
Yeah, that's my favorite little fact tid-bit. The government is by far the biggest profiteers of oil, but its funny how they keep calling the oil company CEO's to testify on the price of gas.

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Old 04-24-2008, 11:08 AM   #41
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well said!
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Old 04-24-2008, 11:25 AM   #42
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I'm not concerned with who the president is, my statement applies regardless. I didn't see this poll as a Conservative vs. Liberal issue, but more an environmental hype vs. reality issue. Of course there are a million considerations involved with drilling but I wanted to see what the core thought was amongst people, which obviously is DRILL.

The thing I would most like to find out for myself is, why do I see everyday, more and more examples of how the minority of people are able to make decisions that the majority of people don't favor? There were a million topics I could've picked to get opinions on, I just picked oil because it's on everyone's mind right now.
Fair enough. But the minority that I see leading the country into recession is big oil, not environmentalists. It wasn't environmentalists that closed nearly 100 refineries in the last decade. They were permitted, running, and functional refineries. Some may have need upgrading but that's part of any industrial business cycle. The refineries were taken off line because the oil companies felt that they had too much refining capacity once they had consolidated.

The reality is that supply is more than adequate. Out of control speculation and limited refining capacity is what is driving prices. Want to see the next speculative bubble, take a look at oil prices today.

I cited examples where both Bush 1 and Clinton used the Strategic Reserve in a strategic manner. I wasn't trying to make it political. By claiming that it's simply a minority of wacko environmentalists that have caused the run up in oil prices you are ignoring the 800 pound gorilla in the closet known as big oil. They are the ones making hundreds of billions of dollars a year right now because of hype and hysteria. Environmental regulations and controls are a simple smokescreen that they have used again and again.

If you want to believe the spin that some group of dirty hippies crippled their ability to run refineries and drill for oil, thus making them uber wealthy beyond any comparison in the history of the country, nothing I can type here will make any difference. Big oil chews up and spits out environmental regulations every single day. No other industry has more exemptions to RCRA hazardous waste regulations than the petroleum industry. And I mean really significant exemptions that allow them to dump hazardous waste on to the ground, into our rivers, and even into the groundwater legally. Things that would send CEOs from other industries to jail are part of their every day operating protocol. They get these exemptions for drilling, refining, and at service stations. They were sitting at the table when the rules were written and they are sitting there right now.

If you're going to look at the issues you have to look at all sides with an open mind. For every environmental opponent big oil has 100 attorneys and lobbyists stalking the halls of our state and federal government. That's where the power is these days.
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Old 04-24-2008, 11:37 AM   #43
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If you want to believe the spin that some group of dirty hippies crippled their ability to run refineries and drill for oil, thus making them uber wealthy beyond any comparison in the history of the country, nothing I can type here will make any difference.
Word!

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Old 04-24-2008, 12:01 PM   #44
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I say don't drill. As mentioned before in this thread, oil prices are set globally and adding a few million barrels from North Dakota and a few million from Alaska(I don't think it's in the billions) just to get by on another 10 years max isn't going to help anything. It'll destroy the environment and won't really get the prices down. As it is, most of the oil coming out of Alaska isn't sold domestically but shipped off to Asia I believe. They will sell it to whoever is paying the most that will cost the least to ship. I just recently read a article in Businessweek and it says even with all the money the oil companies are making, they aren't expected to expand production of oil that much. Per their numbers, the amount of added production they have on the drawing board won't even keep up with expected demand growth! Instead, they take all the profits and giving it back to their shareholders as dividends. Why build more capacity when you know that as supply falls, price will only go up? They never should have allowed them to do all those oil company mergers back in the 90's. There are only a few big oil companies now and so little competition that they just stand pat and watch their profits break records every quarter.
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Old 04-24-2008, 12:26 PM   #45
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If you're going to look at the issues you have to look at all sides with an open mind.
I couldn't agree more.

I don't recall saying anything about hippies and enviros being the cause of the oil prices or the drilling though?

I did bring the enviros up in my Global Warming statement but nothing to do with oil prices.

When I talk about minority leading the majority, I say it without any political meaning at all. I'm talking about right and wrong. If 80 people out of 100 say, "Let's do it this way," then why aren't we doing it that way? Isn't that kind of how we started this Country in the first place? The burden of proof should be on the minority. If you believe the world should do things a different way then it's YOUR job to PROVE it.

Doesn't matter if it's oil, ethanol, dams, nukes, whatever. Perhaps if we all made an effort to STOP trying to associate ourselves into a specific group (Dems, Rep., Liberal, Conservative, Independents, Hippy, Enviro, Redneck, etc.) and just used the brain cells we have to analyze data and formulate our own opinion, the world would be a lot happier place?
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Old 04-24-2008, 12:31 PM   #46
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My next question would be:

If better than 8 out of every 10 people believe we should drill, then why aren't we?

I have a strange feeling these numbers would be very similar if I did a poll on Global Warming and the hysteria surrouding it (ethanol, biodiesel, wave parks, etc.). It's interesting that 20% of the population is leading the other 80% around by the nose hairs. Why is that? Why does the voice of 20 outweigh the voice of 80?

Just trying to understand the world we live in.
It's the old "80-20" principle in action and it applies to many things.
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Old 04-24-2008, 01:26 PM   #47
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Bush 1 threatened to release oil from the Strategic Reserve when prices started to get out of control and it brought things back down. Clinton released oil from the Strategic Reserve for the same reason. W is currently filling the Strategic Reserve to levels that have never been seen before with $117/barrel oil. Maybe he could at least slow the filling down so that we don't strategize ourselves further into the worst recession in 75 years?

As 1pump said in another post, they don't have any room left at GATX to store refined gasoline. Why are prices going up when there is so much in their reserve that they have to turn refined gasoline away? If you tell me because China wants more I'm going to laugh myself silly. Global economy or not, excess refined petroleum products are sitting in storage, just like in the 1970s when the oil companies were found to be in collusion. Nearly 100refineries have been taken off line by oil companies in the last 15 years because of consolidation in the industry. The reason for it was excess refining capacity, not NIMBY's or environmentalists. I'll never understand how Clinton, of all presidents, allowed that consolidation to occur under his watch. That process is, IMHO, what has allowed this run up to occur.
this link says pretty much what two fister is saying and i too believe that this is a big issue:

http://news.yahoo.com/s/nm/20080424/...ongress_spr_dc
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Old 04-24-2008, 02:46 PM   #48
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Default Re: Oil Poll

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I think it's against our national interest to exhaust our reserves of oil before we see a way out of the oil dependence we have today.
Well said.

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Old 04-24-2008, 03:46 PM   #49
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USGS just released a report stating that there is 3.5-4.5 billion barrels of recoverable oil in North Dakota. Some estimates are dramatically (300-400 billion barrels, not million as in your first post) higher with newer technology than what USGS considered "current". All of Alaska has 20 billion barrels including AWNR. The gulf has 200 billion total. Why not go after oil that is easier to recover, it is located in the middle of our country, and it is located relatively near some pretty healthy refinery facilities in the Rocky Mountain plateau? Any guesses? Drilling has certainly increased in the area, but not like you would expect.
At America's current daily consumption levels (something like 20 million barrels a day), how long would that best case scenario last us? How about if it's only the current estimate?

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Yeah, that's my favorite little fact tid-bit. The government is by far the biggest profiteers of oil, but its funny how they keep calling the oil company CEO's to testify on the price of gas.

Animal farm...
Gas profits are the red herring. The profits earned on crude are the issue. The profit margin on crude would be good to know. Real numbers, not including the future cost of exploration stuff.

If the oil companies lost money for years, I would say that it would be the problem of their management and not a load that we should have to bear now. I cannot think of another commodity where we could say "they were losing money before, so it's okay if they are uber-profitable now". Our country shouldn't be brought to its knees so that oil company shareholders can get even.

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If 80 people out of 100 say, "Let's do it this way," then why aren't we doing it that way?
Your statistical sample is horrible tainted, as pointed out previously. If it was more of an accurate statistical sampling I think you would find very different results in your poll.
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Old 04-24-2008, 03:49 PM   #50
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I think it's against our national interest to exhaust our reserves of oil before we see a way out of the oil dependence we have today.
Wow! SH agrees with Bush. That seems kinda different.

To limit supplying/resupplying the strategic reserves because of price seems silly to me. The more $$$ it is, the more important it is that the strategic reserves be topped off. Especially when the amount going into them is 1/3 of 1%. I don't believe the speaker of the house when she claims not restocking could drop the price at the pump by as much as $.24/gal.
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Old 04-24-2008, 05:11 PM   #51
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Your statistical sample is horrible tainted, as pointed out previously. If it was more of an accurate statistical sampling I think you would find very different results in your poll.
I'm sorry Dave, I spend my time on Ifish. I guess I could've posted the question on a different site but I didn't. As I mentioned previously, this was one poll out of a million I could pull up and get the same result. Any guess what the percentage would be if I asked about Ethanol?

It's funny, you're the first person I've heard who spoke about crude profits vs. pump profits. I hear it over and over again about how the guys who pump fuel only make a few pennies per gallon, and that's TRUE, but if you look at the money they make on crude it would paint a whole different picture. These companies aren't having record billion dollar profits every year because they make 3 cents a gallon. The money is in the crude and I've heard estimates of 70%+ gross profit on that.

It would be like owning a pen manufacturing company & the store that sells the pens. The store can claim that they only make 2 cents on every pen they sell. Meanwhile, the manufacturer (who is the same person) sells it to the store and makes a 70% profit.

That's a great business philosophy but if it cripples the country then there needs to be a better way. I don't claim to know what way that is but I'm sure there is a way.

I see there are more than a few scientists now who believe oil is NOT a "fossil" fuel after all. With the new drilling technologies they are finding oil much deeper than there is scientific proof that there were living animals. The world is consuming close to 90 million gallons of oil PER DAY. How many dead animals does it take to make 90 million gallons of oil per day?
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Old 04-24-2008, 05:17 PM   #52
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Default Re: Oil Poll

"The reality is that supply is more than adequate. Out of control speculation and limited refining capacity is what is driving prices. Want to see the next speculative bubble, take a look at oil prices today. "

Could not have said it better.
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Old 04-24-2008, 09:01 PM   #53
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Default Re: Oil Poll

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I'm sorry Dave, I spend my time on Ifish. I guess I could've posted the question on a different site but I didn't. As I mentioned previously, this was one poll out of a million I could pull up and get the same result. Any guess what the percentage would be if I asked about Ethanol?
I know that, Rod. I was just pointing out that when you asked why if 80% of the people feel this way that 20% are making the decisions, that if you took a more accurate statistical sample that you'd find that the 80% group around here would be a lot less and the 20% group would be a lot more. That would better explain why the decisions are being made the way that they are.
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Old 04-24-2008, 09:42 PM   #54
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Default Re: Oil Poll

Drill, Drill, Drill. I would love to see a few offshore platforms on our coast. It would make some great habitat. Even better would be to start up a few dozen nuke plants and get cheap electrical power pumping through the U.S.
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Old 04-24-2008, 09:44 PM   #55
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Reduce consumption.
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Old 04-25-2008, 12:31 PM   #56
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Reduce consumption.
I have cut back, about as far as I can go!
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Old 04-25-2008, 01:38 PM   #57
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Default Re: Oil Poll

I can't afford to many more increases in my de-valued dollar budget.

Drill the darn stuff,make gas,price so I can buy it and let me fish.

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Old 04-25-2008, 04:08 PM   #58
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Drilling Will Not Make The Price Go Down Ever!!!!!!!!
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Old 04-25-2008, 05:10 PM   #59
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Default Re: Oil Poll

Drilling may not make the price go down. BUT pumping the oil out of the hole when we are done drilling will.

Last edited by Deeman; 04-25-2008 at 07:51 PM.
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Old 04-25-2008, 07:38 PM   #60
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Drilling may not make the price go down. BUT pumping the crude out of the hole when we are done drilling will.


WRONG!!!!! nothing will make gas prices go down now.. supply and demand has gone out the window in this corrupt industry.. gas prices will NEVER ever be low again we all need to get over it...
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