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Thread: Oil Slick Stuff

  1. #10345

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    Default Re: Oil Slick Stuff

    Quote Originally Posted by RealMoneyIssues View Post
    So you think that green technology will be viable in 2070, 2080, 2090, or maybe by 2100?
    Maybe, depends on how soon the greenies manage to collapse the oil industry in this country (it will be fine in the rest of the world)...
    Paradigm shifts happen, it's inevitable. The US caught did a good job catching the industrial revolution wave...can we catch the next? Complacency and status quo is the easy approach. How many times does taking easy approach keep you at the head of the pack
    Quote Originally Posted by RealMoneyIssues View Post
    If it was viable and profitable, then this wouldn't happen. Unfortunately, these green technologies tend to be neither...
    When government is the only entity willing to put money into green technologies (and they usually fail or have huge cost over-runs) then how can that be viable?
    And yes, oil subsidies make me sick too...
    I believe it was the Rs who recently stated that cutting oil subsidies "collapse the economy" despite continued record profits. Gov't spending on "clean-tech" R&D is mere drop in the bucket. I'm not foolish, I own plenty of XOM.
    Quote Originally Posted by RealMoneyIssues View Post
    I don't disagree with "appropriate" regulations, but I think we disagree on what is appropriate. I am not saying we should destroy our country until it is barren (think China 100 years from now), but I don't see the greenies giving any more ground than oilies
    This is why Bachmann promising $2 and gas proposing to permit extractive industries in a National Park is a waste of time more akin to a shot across the bow rather than compromise. Tar sands is another enormous can of worms, despite that fact we are apparently keeping the option open. So who's giving ground?
    Quote Originally Posted by RealMoneyIssues View Post
    Then maybe we should find energy production is ways we already have (nuclear) or in less-controversial areas (off coast, east-west-gulf-alaska). My main focus is eliminating our dependence on foreign oil. When we are energy independant, our country will be secure/independant and an economic boom will occur.

    Gotcha... I really try not to be political, but rather a matter of economics and success in our energy policy...
    We all know the price of oil has tremendous impact on our economy...which is why this thread exists

    Quote Originally Posted by RealMoneyIssues View Post
    PS: Sorry nnuut
    Ditto

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  3. #10346

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    Default Re: Oil Slick Stuff

    Politics are deeply involved in Energy and the subject is appropriate for this thread. We all want to conserve and protect nature but there are times where it is way over done and is harmful to our country and the American people. All I ask of our Representatives is NOT TO BE STUPID, there is way too much of that going and the cause is politics. Common sense is where it's at, it seems that we have lost that somehow.
    How about the Okefenokee?
    GomerPyle.jpg
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  5. #10347

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    Default Re: Oil Slick Stuff

    oil-sands-overhead.jpg
    See that environmental destruction?

    that's just the beginning. Doing tar sands will greatly harm the environment up in Canada, and
    those getting the oil (big oil, Kock Brothers) won't pay for the repair of what they destroy.

    OIl sands only continues the problem of ....giving all our money to other countries, while at the same time destroying the environment.

    Yes, we subsidize big oil.

    We should be taxing the heck out of big oil, and using the proceeds to develop alternatives.

    See http://www.baltimoresun.com/news/opi...0,216177.story

    I'm not for giving Koch Industries the right to privately put this massive oil pipeline across America, that will only facilitate the continued destruction of America.

    If we are going to rely on tar-sands oil, then fine- let's do it this way- let's approve the pipeline, on the tarde off that we tax each barrel of oil which flows through it an additional $10 a barrel. And use that money strictly to develop infrastructure for alternative fuels. CNG stations funded by the tar sands tax. E85 pumps funded by the oil sands tax. Electrical hookups for charging cars funded by the tar sands tax. And then either open up Yucca Mountain to dispose of nuclear waste, or approve some other long-term storage solution. We need to find the long term solution for nuclear.


    But at the present, we're just short sighted to "drill baby drill", and "flood tar sands with hot water, flood tar sands", as the only answers. It only postpones the enevitable- and continues to pump our energy money out of the country.

    It's a national security problem as well.

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  7. #10348

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    Default Re: Oil Slick Stuff

    By the way, if we had to pay the price for gas and Oil that they pay in Europe it would all be over except the shouting and crying. That can happen tomorrow if the dollar loses the Reserve Currency Status.



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  9. #10349

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    Default Re: Oil Slick Stuff

    No one else wants to be the reserve currency. Not much choice - there are only so many Swiss Francs out there (and their currency is going nuts). Anyone want Euros? Yen? The good thing is China is beginning to allow purchases of the Yuan, much to my surprise - but that's not the same as making the Yuan a reserve currency. The Yuan doesn't have a long enough track record for that to happen. Should we price currencies in SDRs? Only economists care about SDRs. And Middle Eastern countries may be rich, but I don't want to base my currency on any of the choices there.

    Petroleum products in Europe are highly taxed. Plus, they are beholden to Russia for Natural Gas - not where you want to be.
    "All the prophets of Doom, Can always find room, In a world full of worry and fear..." - Protest Song, Monty Python

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  11. #10350

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    Default Re: Oil Slick Stuff

    Quote Originally Posted by nnuut View Post
    Politics are deeply involved in Energy and the subject is appropriate for this thread. We all want to conserve and protect nature but there are times where it is way over done and is harmful to our country and the American people. All I ask of our Representatives is NOT TO BE STUPID, there is way too much of that going and the cause is politics. Common sense is where it's at, it seems that we have lost that somehow.
    I agree with this, to an extent. As a "greenie" I also don't want our representatives to be stupid. Furthermore I don't think the regulations are the culprit. Regulations were a response. The only reason we have regulations to begin with is the extractive industries have a history of cavalier rape n' pillage type attitudes toward our natural resources. I'd say that attitude is stupid; a.ka. penny wise, pound foolish.

    The government cheaply leases a LOT of land to mineral extraction (is that land "locked up"?) and these private companies keep making record profits. Despite massive profits, as soon as a company is found to be operating w/out regard to regulation (stupid or not), these companies regularly protect themselves from liability via liquidation; e.g Massey Energy sale to Alpha Natural Resources. Were the regulations Massey ignored in Upper Big Branch stupid? The explosion suggests not.
    Most of these companies fight regulation tooth and nail spending a boatload of money which costs everyday Americans who simply want a safe/clean society a boatload of money. Mineral Management Service anyone??? These corporate actions , despite their words via massive PR campaigns, indicate their attitudes toward American land and people has not changed. As such, us "greenies" continue to promote regulation. You only need to reinforce something that is ineffective.


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  13. #10351

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    Default Re: Oil Slick Stuff

    A good discussion of the tar sands issue, and the protests happening in DC over it, are here in this link:

    http://www.tarsandsaction.org/

    So far, more than 500 people have been arrested in protests in DC, and the protests against the pipeline and tar sands are growing.


    has representatives of both sides talking about the oil sands issue.

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  15. #10352

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    Default Re: Oil Slick Stuff

    Okefenokee Swamp...don't forget to consider what value you get from the St. Marys and Suwannee Rivers.

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  17. #10353

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    Default Re: Oil Slick Stuff

    I think the Bedouin have it right.

    Let's just live like they do and all these issues go away
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  19. #10354

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    Default Re: Oil Slick Stuff

    Quote Originally Posted by James48843 View Post
    So far, more than 500 people have been arrested in protests in DC, and the protests against the pipeline and tar sands are growing.
    It's not news until somebody famous gets arrested:

    Daryl Hannah
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  21. #10355

    Default Re: Oil Slick Stuff

    Quote Originally Posted by Mapper View Post


    Spare me











    How about single issue short-sighted Americans and Canadians win big. You might think people on investment forum would realize the benefits of preserving capital. It's not about politics, it's about viewing the totality of an issue rather than microcosm.

    You don't ween yourself from drugs by deciding to buy from your neighbor in addition to the guy down the street. This is the behavior of an out-of-control addict.
    Go hug a tree!
    A wise man speaks when he has something to say...A FOOL speaks when he just has to say something

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  23. #10356

    Default Re: Oil Slick Stuff

    Russian oil teams up with Exxon Mobil


    MOSCOW (AP) — Russia's state-owned Rosneft teamed up with U.S. company Exxon Mobil on Tuesday in a multibillion deal to develop offshore oil fields in the Russian Arctic — one of the last regions with immense and untapped hydrocarbon deposits — in return for access to resources in the Gulf of Mexico

    http://news.yahoo.com/russian-oil-te...220644579.html
    A wise man speaks when he has something to say...A FOOL speaks when he just has to say something

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