barnburner

How Much Will Drilling in ANWR Affect Oil Prices?

If history is relevant then we only need to look at the aftermath of the oil crisis in the 70s to see what the end result of opening ANWR and drilling the coastal waters. When oil prices went down the U.S embraced gas guzzlers like long lost friends, did away with the federal 55 mile/hour speed limit, built more suburbs where people could be assured of a long commute, did away with tax breaks for solar energy instillation. Well, here we are again, didn't learn a thing, screaming for more drilling and lower gas prices so we can drive that hummer to work.

Saudi Oil Meeting Scenarios

Brian Pursley, Surly you are intelligent enough not to think the Democrats alone are responsible for the lack of energy policy in the U.S. I get tired of your every post bashing the Democrats-get off it.

Speculation and the Price of Oil

so is this headline:"UN chief says Saudi Arabia plans to increase oil production by 200,000 barrels a day" going to bear down oil prices and oil/gas stocks?

Oil Prices Fall on Saudi Announcement

johnthebear please get of your ultra-conservative soap box. Congress and the American public had all those years after the gas lines, odd and even days to get their shit together but they didn't. Give the Americans all the frigging oil in ANWR, all the off shore oil and you think they will go full speed ahead with conservation, meaningful CAFE standards-change their life styles unless forced-HELL NO, they will be back to buying hummers and expeditions to commute to work one per vehicle and there it sits in a parking lot for eight hours a day.. And of course the second car will have to be a beast so soccer mom can haul her five kids plus the neighbors to their events every night of the week (at least they can use the HOV lanes). After five years you will be screaming about the $5/gallon gas prices again and the US will be no closer to independence from foreign oil than it is now.
It will take an oil crises of catastrophic proportions to get Americans to change their energy consumption habits. OPEC is just doing what every business does, charge what the user will pay. The U.S. and British oil companies screwed over them until they got smart and nationalized their oil but not until after those companies pumped every ounce of oil out of those fields they could. Oil prices adjusted for inflation are higher now than the 70s but do you see the U.S. making even a meaningful attempt to change their consumption? I don't. One reason is that the infrastructure in the U.S. was built on the premise of cheap gas. Subdivisions are miles from work, not even a mom and pop store in the neighborhood. Water heaters keeping a 100 gallons of water hot 24/7 instead of 'on demand' water heaters like much of the rest of the world. No real public transportation in the whole country with some exceptions. A trucking industry that is vital to delivery of food and all the stuff we buy we don't need built on cheap diesel.
Maybe the next resident of the White House will be interested in a comprehensive energy bill not written by the Enrons of this world but for now-it's business as usual only it cost a lot more.

Investing Into the End of the Hydrocarbon Age

green_cheeks, I liked your first post and agree but your second post talked about exercise and besides making one sweat like a pig I believe it's unhealthy. I live in Mexico and it's the new thing here with all those fat asses running along the malecon testing their resistance to a heart attack.
The other thing that makes me laugh is all the post yesterday on SA that talked about oil topping out in price and now in a decline-wow, look at today. Energy is off and running again and now we will see all the peak oil comments on SA-I mean, like who can our trust?

When Will Oil Stop Its Rapid Ascent?

I'm just a little ole bleeding heart liberal so why don't you Reaganomics experts tell me how much extra oil those pinko democrats are holding up? Think it would get gas down to $2 a gallon, and if so for how long? Of course we know from past experience that a Republican Congress, if they had a chance like they did during the last eight years, would just jump right in there and get us off the foreign oil addiction with more alternative energy and energy conservation-right? I mean, didn't the do that before or was those pesky democrats standing in their way?

Can Governments Pop the Oil Bubble?

drilling off-shore OR in ANWR would give the US "breathing room to develop alternative energy sources." The problem with that idea is that if the US were given "breathing room" they would piss off the chance just like they did after the oil crisis in the 70s. The only thing that drilling off-shore and in ANWR would do is drop gas prices to $2.00 a gallon for a couple of years and then "off to a new energy crisis" yo ho, yo ho

Is Invading Venezuela a Good Way Out of an Oil Crisis?

My oh my, already a political shot at the Democrats - and so early in the comments we are in the gutter. Brian, you missed taking a shot at the liberal, wacko environmentalist or are they synonymous?