Open Up Oil Reserves!
- Thread starter whitedust
- Start date
onlypolar4me
Member
Also, defund and disband EPA!!!
I listened to a Mormon family discuss how "Theres more oil in the continental US than the entire middle east" and how it was "easy and cheap to get at" and "put there by God for us to be the best country in the world". Funniest thing I have ever heard in my entire life, hands down.
Then I heard about how we should get rid of the EPA. lol.
Then I heard about how we should get rid of the EPA. lol.
eagle1
Well-known member
I need to start looking into becoming an oil speculator, seems to be the place to make some money.
My take, the world could end tomorrow, therefore gas should be cheap so we can use it up before the end comes.
Heres some interesting reads.
http://www.stopoilspeculationnow.com/home.aspx
http://www.jubileeinitiative.org/riggedoil.html
My take, the world could end tomorrow, therefore gas should be cheap so we can use it up before the end comes.
Heres some interesting reads.
http://www.stopoilspeculationnow.com/home.aspx
http://www.jubileeinitiative.org/riggedoil.html
harvest1121
Well-known member
Saudi Arabia already has made up for the oil production that was lost from Libya. They only supply 2% of the oil so its all speculation again.
michaeladams
New member
there also could be an argument about save ours and use thiers.either way speculation is no reason for price increases. i would however, pay 5 dollars for a gallon so i wouldn't have to walk 20 miles.lol
Actually, there is very good logic to it. The political unrest in the Middle East is causing speculators to drive up the price. It is a classic "cause and effect". Political unrest causes uncertainty in the market, prices rise. If there was political unrest in Thief River Falls that threatened production of Arctic Cats, prices would rise. That's the logic.
Remember, our country's energy policy is based on purchasing huge amounts of a limited resource from politically unstable countries with aging dictators running them.
Here is what speculators are doing http://finance.fortune.cnn.com/2011/03/07/speculators-double-down-on-oil/
AlgerCountySwitchback
New member
They (oil companies) purposely excite the wall street brokers on possible disruption of oil from the middle east. You have all seen it. Look at the quarterly profits of these companies. Staggering! Why kill the economy now?
The sad truth is we have our own oil. Look at how many people we could put back to work tapping the Bakken Reserves. Sure there is some oil there being extracted, but this needs to be a full on effort.
I have seen this link on here before. Here it is again.
http://www.usgs.gov/newsroom/article.asp?ID=1911
The sad truth is we have our own oil. Look at how many people we could put back to work tapping the Bakken Reserves. Sure there is some oil there being extracted, but this needs to be a full on effort.
I have seen this link on here before. Here it is again.
http://www.usgs.gov/newsroom/article.asp?ID=1911
Prices will continue to rise, until there is "competition" in the industry, as to what you need to power your transportation. Demand world wide is growing everyday, especially in China.
What are our transportation powered options right now? Almost 100% oil.
Yeah, there are some other forms powered vehicles starting to emerge, but in reality, they are decades away from being able to compete with oil powered vehicles.
Grin and bear it, the oil industry has us by the nuts right now. Opening up the reserves will be nothing more than a VERY temporary solution.
What are our transportation powered options right now? Almost 100% oil.
Yeah, there are some other forms powered vehicles starting to emerge, but in reality, they are decades away from being able to compete with oil powered vehicles.
Grin and bear it, the oil industry has us by the nuts right now. Opening up the reserves will be nothing more than a VERY temporary solution.
snowfreak56
Member
This is closer to the truth than you think, i know where there are wells not pumping and they are being paid not to pump.They would rather send our kids over and get them killed rather than use our own,they have people convinced we dont have our own and that is pure BS. and greed.
G
G
Guest
Oil got turned into a commodity. It is no longer a supply and demand item. The traders and brokers make the most money on oil. We at the bottom of the food chain pay for it. Gas will go to around $4.00 per gallon this summer and then consumers will balk (as much as they can). Barring some worldwide catastrophe oil futures will fall off and the price will stabilize at what he market will bear. By October it will be $3.75 and everybody will be happy. Nevermind $3.75 is 50 cents more than we were paying in January. In a decade we might actually have more demand than supply thanks to China and India. However China is already looking for alternative energy knowing full well that they have very limited oil reserves and don't want to be reliant on foreign entities to fund their industrial revolutuion. North Dakota is full of oil. The EPA is trying to throw up roadblocks on 'fracture drilling or mining' in the name of groundwater issues. It is all part of the same game. If the general population knew that we have all the oil we will need right here at home the speculaters wouldn't be able to keep prices artificially high. EPA, speculaters, GOP, DFL - it's all about separating the general public from their hard earned dollars.
x2. Lets bring some jobs to the USA and stop funding the people who want to kill us.
snow_monkey
New member
X'2, to open reserves makes no sense. Open up reserves so we can save ourselves from being gouged by high prices? In my eyes not an emergency.
mtu_deltsig
New member
Just got back from working and snowmobiling in Sweden. It is around 9 dollars per gallon there. We are pretty lucky. If you track inflation, gas prices are lower than they should be. We will never be able to produce enough oil domestically to support our needs. The future will be a mixture of hydrogen, battery, and alternative fuel (ethanol made from something other than corn). Without these new technologies, fuel prices are going to skyrocket. India and China each have billions of people and most them do not have cars yet. As those markets grow, the demand for fuel will continue to increase.
indy_500
Well-known member
China is so packed you can barely drive a car down a street there anyways