Just wondering if anyone else is wondering if the future of owning or better yet, operating a boat/motorhome/camper/truck for recreation is going to be too expensive for the middle class?
So you think that the answer is to drill for oil in fairly pristine wild areas and risk a spill and screw it all up? Or should we just get off oil all together.OURAY said:A major reason for high gas prices is due to environmentalists and the insane restrictions that they have placed upon oil drilling and refinery operations in the U.S. They have actually tied the hands of oil companies to extract our own oil and refine it. So when we have to depend so much on foreign oil it was bound to happen. No conspiracy theories. Just basic economics.
thats kinda hard to swallow, do you have some supporting links?The oil companies made money this quarter. They made money the 4th quarter of 2005. It's actually the first time they've made money in 15 years!
I am saying if we are not allowed to play on the same field as the rest of the world we should expect to pay high gas prices. Remember the environmentalist have only affected what we can or cannot do. China, Russia and the rest of the world don't abide by their rules. China is about to drill in the Gulf of Mexico. Do you think they are going to be concerned about the environment or what happens if they have a spill? Not a bit. They know that we will be the ones to clean it up by the time they get around to it. I really don’t want further drilling in our wilderness areas but we either increase drilling operations off of Florida, the Pacific coast and Alaska to try to lessen our dependence on foreign oil or continue to be held hostage by third world countries.farmer ted said:So you think that the answer is to drill for oil in fairly pristine wild areas and risk a spill and screw it all up? Or should we just get off oil all together.OURAY said:A major reason for high gas prices is due to environmentalists and the insane restrictions that they have placed upon oil drilling and refinery operations in the U.S. They have actually tied the hands of oil companies to extract our own oil and refine it. So when we have to depend so much on foreign oil it was bound to happen. No conspiracy theories. Just basic economics.
I'm with the envorionmentalists. The oil is in the ground for a reason, lets leave it there and not screw up the world by taking it out. all it does is pollute the air when it's burnt or spill all over the place and ruin everything it touches when it's spilled.
I'd rather try and figure out a better way to get from a to b.
I work with a lot of ex-oil & gas folks that worked in the industry before the bust. Also worked as a consultant to a lot of oil & gas clients (helped implement the current accounting system at Shell Oil and consulted with Equilon among other places).laker taker said:Why haven't there been any major refineries built since the 70's? Is it because simple of supply and demand, keep supply tight=increase price?
This is insanity. Socialism and Communism have nothing to do with loving or hating a country.It is no secret that the environmentalist movement has harbored socialists and communists and others who hate this country and their agenda is becoming a reality. If you don’t believe this follow the money.
8.4 Billion whered you get that?Fishinwithlund said:Gas companies showed an $8.4 Billion profit in the first quarter alone. Its no wonder they want to raise prices some more. Who could live on a small profit like that?
Top companies Most Profitable Companies: Profits Rank Company 500 revenues ($ millions) 1 Exxon Mobil 36,130.0 2 Citigroup 24,589.0 3 Bank of America Corp. 16,465.0 4 General Electric 16,353.0 5 Chevron 14,099.0 6 ConocoPhillips 13,529.0 7 Microsoft 12,254.0 8 Wal-Mart Stores 11,231.0 9 American Intl. Group 10,477.0 10 Altria Group 10,435.0 11 Johnson & Johnson 10,411.0 12 Intel 8,664.0 13 Berkshire Hathaway 8,528.0 14 J.P. Morgan Chase & Co. 8,483.0 15 Pfizer 8,085.0 16 Intl. Business Machines 7,934.0 17 Wells Fargo 7,671.0 18 Verizon Communications 7,397.0 19 Procter & Gamble 7,257.0 20 Wachovia Corp. 6,643.0
Perhaps, but I wonder how hard the oil industry lobby pushes for more capacity. I happen to know a thing or two about politics/lobbying/law, part of my line of work, and I don't see a real big push for more refining capacity. I do agree with you that as gas prices go up, the public will be more willing to make sacrifices. All sorts of sacrifices.The simple answer to your question is that we've put too many road blocks and barriers in place to be able to open a major refinery in the US.