oil...up another 5 bucksnow 147/barrel

[scruffy_fish]

Think about it, why would the oil companys want to produce more oil if they can get more for less. Alternate energy is the answer, that's what will drop the price.

[Flaptail]

I hear Katama and Stonewall beach are likely sites for wells!

[striperman36]

If we could only get stuff like this accepted.

http://www.hcnonline.com/site/news.c...d=639295&rfi=6

Rather than squelched by oil companies.

Forget the feds too, they won't do it.

[Fishpart]

Alternative energy is the answer, but it requires a couple things:

--More than lip service from the politicians (Congress) who are going to undo everything Bush (I'm still waiting after 2 years)

--Something to hold us over (oil) for the short term (5-10 years) while truly viable replacements are developed and brought out of the labs to production levels.

There has been no new infastructure added in this country since the 70's in terms of refining capability.

We are so focused on ethanol, does anyone remember that Otto Diesel developed the diesel engine so farmers could burn oil they produced themselves??

[Mr. Sandman]

Alternatives will not be the answer for a loooooong time. It took over a 100 years to build this infrastructure and the entire world economy is powered by it. You can't tare it down overnight without massive pain, and the poor will suffer them most. You need to transition or the pain will be enormous. Unfortunately the liberals are vested in high oil prices...I honestly feel they believe have something to gain if oil is so high it causes great pain to others. Unfortunately, the only economic plan they have is based on Robin Hood.


If there was oil in my backyard, I would drill for it, but there ain't. Just sand, clay and seawater.

[likwid]

Very very simple.
ANWR will have no effect on oil prices.
The end.

[striperman36]

Originally Posted by likwid

Very very simple.
ANWR will have no effect on oil prices.
The end.

Total Agreement, lease expansion is just another land grab by the private sector

[Back Beach]

Paid a record $86 today to fill my explorer. Last year I was gawking at the pump when I paid $60 to fill it.

There's a consensus among many economists that speculation is driving this to a large degree also. At some point the specs will exit and prices will pull way back, but we may see 200/bbl first.

Boone Pickens was on CNBC yesterday pushing for implementation of wind turbines in the great plains as a renewable energy source. Turbines on the cape are sounding better all the time.

[Diggin Jiggin]

I really don't understand why we lease our oil to the oil companies and buy it from them at what the market will bear. As much as I'm not a fan of big government, there is no reason why we need Exxon and mobil to drill our own oil and then sell it back to us, or worse yet, sell it abroad.

If we can build stealth fighters, why can't we have a national oil dept that just drills our own oil and only sells it domestically at cost. The entire global econmy is hostage to the greed of the oil markets.

[Mr. Sandman]

Your naive, You said that 10 years ago...and this is what that thinking produced we now have now ...little domestic oil supply. I see it as more of a security matter. It is that very thinking that has reduced the security of this country.

Private sector Land grab? that is laughable. You are in the "just say no to anything" camp. Altatives just don't have the energy density that is required to meet real needs of people. Yes a farmer or a rural bare bones home can get buy but a couple of apartment buildings in Miami in July will require an AC load that will will require an windfarm the area of the state of RI. Do the numbers.

Sorry, you have to tell us all how airplanes will be powered for the next 100 years. Windmills I guess eh?

Go take a Physics class and get back to me. Please show me how alternatives (besides nukes) will drive this world, they cant.

5-10 years? add another zero. REALLY! It takes 5-10 years for GM to introduce a new car and that is fast! More like 50-100 years. We need some domestic supply of oil, drilling here will produce that. What is your problem with drilling wherever we can?

[Circlehook]

Nuclear submarine technology + Fords declining sales = Nuclear powered Expeditions.

Nuclear is really the way to go for powering cities and towns.