$100 A Barrel Oil is on the Way

#1,252
#1,252
The Left wing's knee-jerk reaction is to exaggerate these things just as the Right wing's is to minimize them.

Unfortunately in this particular case, the problem is getting so big so fast, it is actually outpacing the Left's exaggeration. Strangely, some conservative individuals (not politicians who are smart enough to wait and see how this shakes out) are still minimizing this incident.

This is a billion dollar and growing disaster-- not a car wreck.
 
#1,253
#1,253
The slick was expected to make landfall at any time. The spill could turn into one of the biggest in U.S. history. An estimated 5,000 barrels a day of oil are flowing from the well, and officials said it could take up to 90 days to cap it, making for volumes that could exceed the 1989 Exxon Valdez disaster in Alaska and a 1969 accident in Santa Barbara, Calif.

Obama Aides Seek Advice From Oil Executives on Spill - WSJ.com

looks like it's not hte amount htat is getting released that is the problem, but the time it will be leaking.

and yes it's a major disaster, but it shouldn't have anything to do with our drilling policies.
 
#1,254
#1,254
IPorange said:
The Left wing's knee-jerk reaction is to exaggerate these things just as the Right wing's is to minimize them.

Unfortunately in this particular case, the problem is getting so big so fast, it is actually outpacing the Left's exaggeration. Strangely, some conservative individuals (not politicians who are smart enough to wait and see how this shakes out) are still minimizing this incident.

This is a billion dollar and growing disaster-- not a car wreck.
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Conservatives are not going to rush to ban all drilling due to one bad incident. The dirt people are just looking to use any incident they can to stop oil drilling and exploration.
 
#1,255
#1,255
IPorange said:
The Left wing's knee-jerk reaction is to exaggerate these things just as the Right wing's is to minimize them.

Unfortunately in this particular case, the problem is getting so big so fast, it is actually outpacing the Left's exaggeration. Strangely, some conservative individuals (not politicians who are smart enough to wait and see how this shakes out) are still minimizing this incident.

This is a billion dollar and growing disaster-- not a car wreck.
Click to expand...

To think its not BIG problem is naive.

I just find it ironic that Obama (with a grain of salt) opened up to off shore drilling a few weeks ago.
 
#1,258
#1,258
droski said:
The slick was expected to make landfall at any time. The spill could turn into one of the biggest in U.S. history. An estimated 5,000 barrels a day of oil are flowing from the well, and officials said it could take up to 90 days to cap it, making for volumes that could exceed the 1989 Exxon Valdez disaster in Alaska and a 1969 accident in Santa Barbara, Calif.

Obama Aides Seek Advice From Oil Executives on Spill - WSJ.com

looks like it's not hte amount htat is getting released that is the problem, but the time it will be leaking.

and yes it's a major disaster, but it shouldn't have anything to do with our drilling policies.
Click to expand...

Agreed about the time. It's leaking 210,000 gallons a day, so in about 50 days it would match the Exxon Valdez in total release. 90 days would be insane. The good thing is that a slow release at least gives you more time to set up berms, etc.
 
#1,259
#1,259
droski said:
The slick was expected to make landfall at any time. The spill could turn into one of the biggest in U.S. history. An estimated 5,000 barrels a day of oil are flowing from the well, and officials said it could take up to 90 days to cap it, making for volumes that could exceed the 1989 Exxon Valdez disaster in Alaska and a 1969 accident in Santa Barbara, Calif.

Obama Aides Seek Advice From Oil Executives on Spill - WSJ.com

looks like it's not hte amount htat is getting released that is the problem, but the time it will be leaking.

and yes it's a major disaster, but it shouldn't have anything to do with our drilling policies.
Click to expand...

Millions of gallons of oil is millions of gallons of oil. What difference does it make whether it was released all at once, or grew over the time it will take us to cap it?


This incident SHOULD impact our drilling policies. Earlier you said something like, "but we are careful." If a six year old kid spilled soda on the couch said, "but I was careful!", you don't just say, "oh, ok." You make the kid either have his drinks at the table, or start using a cup with a lid.

Clearly, we need to be even more careful.
 
#1,260
#1,260
IPorange said:
Millions of gallons of oil is millions of gallons of oil. What difference does it make whether it was released all at once, or grew over the time it will take us to cap it?


This incident SHOULD impact our drilling policies. Earlier you said something like, "but we are careful." If a six year old kid spilled soda on the couch said, "but I was careful!", you don't just say, "oh, ok." You make the kid either have his drinks at the table, or start using a cup with a lid.

Clearly, we need to be even more careful.
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If it were up to you and the rest of the tree huggers we would all just ride bikes.

This should not impact our drilling at all, it's one freaking incident.
 
#1,261
#1,261
IPorange said:
Millions of gallons of oil is millions of gallons of oil. What difference does it make whether it was released all at once, or grew over the time it will take us to cap it?


This incident SHOULD impact our drilling policies. Earlier you said something like, "but we are careful." If a six year old kid spilled soda on the couch said, "but I was careful!", you don't just say, "oh, ok." You make the kid either have his drinks at the table, or start using a cup with a lid.

Clearly, we need to be even more careful.
Click to expand...

i wasn't implying that it's ok if it's released over time, i was responding to the question earlier about hte magnitude of the spill.

s- happens. this one spill shouldn't negate decades of spill free drilling. and as i've said before the spill record is much better than shipping, so the more we drill here the less likely we will have major spills on american soil.
 
#1,267
#1,267
IPorange said:
Those numbers don't crunch. We CAN'T be energy dependent, as long as we consume as much oil as we do.

20,000,000 barrels a day X 365.25 days a year = 7,305,000,000 barrels a year.

Your link estimated a little over 4,000,000,000 barrels were down there in 2001, plus the additional discoveries you linked which were unproven, but one was said to be about 3 billion, and the other being possibly as much as 4 billion.

So we have 14,000,000 barrels in the gulf (enough to supply us completely for only 2 years at present consumption), minus whatever we have extracted over the last nine years.

IF we had been extracting 8.6 million barrels a day all this time since 2001, as your link says we are doing now:

(8,600,000 barrels X 365.25 days) X 9 years = 28,270,350,000.

In other words, more than even the best case scenario for what they think is down there right now with unproven reserves. Could there be more than that down there? Possibly. But as you can see, even if we could magically transport every last drop to the mainland, and there was twice as much as we think, it wouldn't be enough to meet our current needs. Even if you tap all the other coastal deposits, and drill ANWR, etc., we wouldn't be able to meet all of our needs for very long.

Sorry.
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Prudhoe Bay - 25 Billion bbls
ANWR - 16 Billion bbls
Shale Oil - 2 Trillion bbls

I'm sure that viable alternative energy will be developed within the next 400 - 500 years........long before we ran out of oil.
 
#1,268
#1,268
KentheOrange said:
Prudhoe Bay - 25 Billion bbls
ANWR - 16 Billion bbls
Shale Oil - 2 Trillion bbls

I'm sure that viable alternative energy will be developed within the next 400 - 500 years........long before we ran out of oil.
Click to expand...

It's amazing that you have figured out what no one else has. Kudos to you.
 
#1,269
#1,269
KentheOrange said:
Prudhoe Bay - 25 Billion bbls
ANWR - 16 Billion bbls
Shale Oil - 2 Trillion bbls

I'm sure that viable alternative energy will be developed within the next 400 - 500 years........long before we ran out of oil.
Click to expand...

Prudhoe Bay: 3 years, two months of oil for the US alone, at present rates of consumption

ANWR: Two years, one month of oil for the US alone, at present rate of consumption.


Shale Oil- Check out the national geographic article on how that's going in Canada. It's just way too messy.
 
#1,272
#1,272
IPorange said:
The most accessible shale. As you get to the less ideal shale down the resource pyramid, it starts getting mesy.
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no question that pumping all that water in is an evironmental problem. not sure it's not something that will improve with technology though.
 
#1,273
#1,273
volfanjustin said:
It is safe and environmentally friendly, but I am not surprised you lefties would use this to bash her and use this incident to justify more oil from countries who hate us.
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Most of you have never been even close to an oil rig. Considering the nature of the business, the U.S. drilling industry has a very good record. The last rig explosion in the Gulf was in 1964, 46 years ago. Considering the nature of the business, that is remarkable. MOST oil spills occur from oil tankers. SO let's ban the drilling off the U.S. coastal waters, so we can increase the tanker traffic from the Middle East to the U.S....:crazy:
 
#1,274
#1,274
overseasorange2 said:
Most of you have never been even close to an oil rig. Considering the nature of the business, the U.S. drilling industry has a very good record. The last rig explosion in the Gulf was in 1964, 46 years ago. Considering the nature of the business, that is remarkable. MOST oil spills occur from oil tankers. SO let's ban the drilling off the U.S. coastal waters, so we can increase the tanker traffic from the Middle East to the U.S....:crazy:
Click to expand...

It's more fun to ignore facts to make political points and support our own views.

spoil sport.
 
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