Igorsky

Gas Lines Coming This Fall

Bush and McCain call for allowing the drilling the offshore areas around the US now. Democrats and environmentalist are against it calling it a useless idea because it will not help bring the price of gas down immediately. OK. So what do they suggest we do? Build more solar and wind turbines. This too take time and will not lower the price immediately. Producing electric cars and hybrids take time too. Everything takes time. So why not drill now and hope that oil is found in large quantities and build the pipelines needed. Meanwhile, hope the oil producers do not squeeze the supply, cause a big shortage and gas go up to $8-10/gal, and in turn, cause food and gas riots.

As T. Boone Pickens pointed out, it is insane for the US to be importing 70%. If do not drill now, in 5 years we will be up to 80-85% dependent on imports....and $8-10/gal gas.

Obama and the Democrats and Environmentalists oposes nuclear power because accoding to them we do not know how to handle the waste. OK. So do they propose a massive research to eliminate the waste? No. They consider nuclear waste an unsolvable problem and therefore will do nothing. They do not even bother to see why France supplies 80% of its needs from nuclear and is now building another nuclear power plant to raise it even higher.

Americans, wakeup! The Democrats and Environmentalist are leading the country down the path of economic collapse. We have to throw the bums out in November.

All of the Motor-Fuel Alternatives to Conventional Crude Oil Stink

You lumped all nuclear as one. Wrong, very wrong.

One type that just needs a short time to develop and bit of funding (Jimmy Carter cut it off, Reagan revived it, Clinton cut it out again) are fast breeder reactors. This is what we need and when we have it, it will give limitless (almost) electric power. This will give us power for our electric cars, electric trains and home and industry electric power day and night, for low cost. Fuel is reused so there is little waste. And no C02 produced.

What Can Possibly Explain the Price of Oil?

When, not if, the Israeli's attack the nuclear facilities in Iran two things may happen ---

1) Fanatics in Iran sink one or two tankers in the Persian Gulf cutting off oil exports from Gulf oil producers -- Kuwait, Iran, UAE and Qatar. But not completely. Shallow draft small tankers can still go through. Crude oil goes up to $200 or more, temporarily. The Saudis will ship 5 million bbls/day of their oil via pipeline to the red sea. Iraq ship via Turkey. Iran and Kuwait have no such alternative for exporting their oil. Consumers are already cutting back on their use so a price spike will not hurt the world economy too badly. Non-oil producing countries but oil dependent, with large populations like Pakistan, Egypt will hurt most.

2) Level headed Iranian Mullahs prevail and tankers continue plying the gulf. The leadership figures that if they blockaded the gulf, Iran will be the first to suffer. Their oil revenue will plummet, people lose their means of earning a living and revolt, and the mullahs lose power. Surely, with strong self interest in mind, the level headed Mullahs will not allow blockage of the Straight of Hormuz.

However, whether it is scenario 1 or 2, bombing of Iran will send shock waves to the market and oil will spike to $200+ for a few days and come back down. Nothing to worry about long term. Suicide bombers will try to do damage to the world but the world security forces are already operating around to world now so damage will be limited unlike pre-911.

In the long run the world will benefit from this sir strike. If there is a good time for this event, it will be after the Olympics.