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DEVELOP OUR OWN OIL AND LET THOSE MANIAC ISLAMIST EAT SAND!!!
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jackconrad Offline
#1 Posted: Fri, Sep 14 2012, 1:19 PM EST
Joined: 06-09-2003
Posts: 67,461
What is the problem?
DrafterX Offline
#2 Posted: Fri, Sep 14 2012, 1:22 PM EST
Joined: 10-18-2005
Posts: 98,555
EPA.. Obama... Bambi Huggers.. etc.. Mellow
z6joker9 Offline
#3 Posted: Fri, Sep 14 2012, 1:23 PM EST
Joined: 10-18-2011
Posts: 5,902
Just stop using oil?
HockeyDad Offline
#4 Posted: Fri, Sep 14 2012, 1:24 PM EST
Joined: 09-20-2000
Posts: 46,135
Might have a spill in the gulf, hurt a caribou, or cause an earthquake from fracking. Best to just stay married to the oil sheiks.
DrafterX Offline
#5 Posted: Fri, Sep 14 2012, 1:26 PM EST
Joined: 10-18-2005
Posts: 98,555
Screw the caribou..!! Mad
DrafterX Offline
#6 Posted: Fri, Sep 14 2012, 1:31 PM EST
Joined: 10-18-2005
Posts: 98,555
We need tax credits & rebates for CNG..!! ThumpUp
BuckyB93 Offline
#7 Posted: Fri, Sep 14 2012, 1:34 PM EST
Joined: 07-16-2004
Posts: 14,203
DrafterX wrote:
Screw the caribou..!! Mad



Not my type but to each their own. Just don’t take pictures, they can be used as evidence.
DrafterX Offline
#8 Posted: Fri, Sep 14 2012, 1:41 PM EST
Joined: 10-18-2005
Posts: 98,555
Mellow
victor809 Offline
#9 Posted: Fri, Sep 14 2012, 1:49 PM EST
Joined: 10-14-2011
Posts: 23,866
Why stop at magically developing our own oil?

Why not just magically develop our own teleportation? Or maybe magically develop our own flying brooms?
DrafterX Offline
#10 Posted: Fri, Sep 14 2012, 1:50 PM EST
Joined: 10-18-2005
Posts: 98,555
victor809 wrote:
Or maybe magically develop our own flying brooms?



that would be gay.... Mellow
DrMaddVibe Offline
#11 Posted: Fri, Sep 14 2012, 1:50 PM EST
Joined: 10-21-2000
Posts: 55,444
victor809 wrote:
Why stop at magically developing our own oil?

Why not just magically develop our own teleportation? Or maybe magically develop our own flying brooms?



Or find a cure for the ghey gene?whip
HockeyDad Offline
#12 Posted: Fri, Sep 14 2012, 1:51 PM EST
Joined: 09-20-2000
Posts: 46,135
I thought Bechtel already developed a flying broom for Nancy Pelosi.
victor809 Offline
#13 Posted: Fri, Sep 14 2012, 1:57 PM EST
Joined: 10-14-2011
Posts: 23,866
On a serious note, we probably are going about this in the smartest manner possible.

Think about it for a second. Oil is a non-renewable resource, the amount in existence is all we have.

Additionally, the value of this non-renewable resource will continue increasing as the known amount decreases.

Add to this, the absolute dependency every country has on oil...

So, you use your enemy's oil first, paying a relatively low amount per barrel. When that's all gone, you own all the oil.
ZRX1200 Offline
#14 Posted: Fri, Sep 14 2012, 1:57 PM EST
Joined: 07-08-2007
Posts: 60,615
Didn't we just give Brazil a ton of money for them to drill for oil that we could buy from them?


I love it when a plan comes together.
HockeyDad Offline
#15 Posted: Fri, Sep 14 2012, 2:08 PM EST
Joined: 09-20-2000
Posts: 46,135
Multinational corporations don't operate with geopolitical strategic concerns in mind. The Brazilian deep water oil in going to China.
victor809 Offline
#16 Posted: Fri, Sep 14 2012, 2:10 PM EST
Joined: 10-14-2011
Posts: 23,866
HockeyDad wrote:
Multinational corporations don't operate with geopolitical strategic concerns in mind. The Brazilian deep water oil in going to China.


Multinational corporations don't matter much if the resource/facilities become nationalized.

I suspect that at a point where oil is at critical levels (not just whining about the price, but actually worrying if you can get any at any price), then the individual nations will just take what is remaining in their territory.

Multinational comanies may want to start building up armies.
ZRX1200 Offline
#17 Posted: Fri, Sep 14 2012, 2:12 PM EST
Joined: 07-08-2007
Posts: 60,615
Uh Blackstone.....
DrMaddVibe Offline
#18 Posted: Fri, Sep 14 2012, 2:13 PM EST
Joined: 10-21-2000
Posts: 55,444
ZRX1200 wrote:
Uh Blackstone.....



They changed their name!
tailgater Offline
#19 Posted: Fri, Sep 14 2012, 2:30 PM EST
Joined: 06-01-2000
Posts: 26,185
victor809 wrote:
On a serious note, we probably are going about this in the smartest manner possible.

Think about it for a second. Oil is a non-renewable resource, the amount in existence is all we have.

Additionally, the value of this non-renewable resource will continue increasing as the known amount decreases.

Add to this, the absolute dependency every country has on oil...

So, you use your enemy's oil first, paying a relatively low amount per barrel. When that's all gone, you own all the oil.


I'll regret saying this.
But that's the first time I've heard this argument. And it almost makes sense.
I said almost.


Of course, with the obama success stories with solar and the forced disposal of incandescent bulbs, we may not need oil in the future.
Hell, maybe we'll even pump up our tires and reverse global warming.
lgops Offline
#20 Posted: Fri, Sep 14 2012, 2:33 PM EST
Joined: 01-27-2012
Posts: 1,005
ZRX1200 wrote:
Uh Blackstone.....


OOOOOoooooo a combination of Tredstone and Blackbriar.... me likey!
DrafterX Offline
#21 Posted: Fri, Sep 14 2012, 2:34 PM EST
Joined: 10-18-2005
Posts: 98,555
I don't see us running out of oil anytime in the near future... wells are being drilled & capped for future use everyday... not to mention new fields are being discovered everyday.... the earth is a big place.. Mellow
DrMaddVibe Offline
#22 Posted: Fri, Sep 14 2012, 2:35 PM EST
Joined: 10-21-2000
Posts: 55,444
tailgater wrote:
I'll regret saying this.
But that's the first time I've heard this argument. And it almost makes sense.
I said almost.


Of course, with the obama success stories with solar and the forced disposal of incandescent bulbs, we may not need oil in the future.
Hell, maybe we'll even pump up our tires and reverse global warming.






Or get tune-ups!
snowwolf777 Offline
#23 Posted: Fri, Sep 14 2012, 2:37 PM EST
Joined: 06-03-2000
Posts: 4,082
ZRX1200 wrote:
Didn't we just give Brazil a ton of money for them to drill for oil that we could buy from them?


I love it when a plan comes together.



Yes, we gave them a sh*t ton of money so they could develop deep-water wells. Deeper than any we have off our shores. The same deep water wells that Obama said were irresponsble and destructive if we did it off our shores. But Brazil has different water and stuff, so it's OK. Then they can sell the oil they get with our money back to us. So it's a win-win. For Brazil. Obama for President of Brazil, 2016. As we will find out later, he was actually born there.
DrafterX Offline
#24 Posted: Fri, Sep 14 2012, 2:39 PM EST
Joined: 10-18-2005
Posts: 98,555
snowwolf777 wrote:
Yes, we gave them a sh*t ton of money so they could develop deep-water wells. Deeper than any we have off our shores. The same deep water wells that Obama said were irresponsble and destructive if we did it off our shores. But Brazil has different water and stuff, so it's OK. Then they can sell the oil they get with our money back to us. So it's a win-win. For Brazil. Obama for President of Brazil, 2016. As we will find out later, he was actually born there.




uhh... China is getting the oil... done deal... Mellow
snowwolf777 Offline
#25 Posted: Fri, Sep 14 2012, 2:42 PM EST
Joined: 06-03-2000
Posts: 4,082
Since we paid for it, I'm sure we're getting a huge reduction on our debt load to China.

Better yet, China can sell us the oil, and then lend us the money we give them.

Everyone's a winner!
victor809 Offline
#26 Posted: Fri, Sep 14 2012, 2:43 PM EST
Joined: 10-14-2011
Posts: 23,866
tailgater wrote:
I'll regret saying this.
But that's the first time I've heard this argument. And it almost makes sense.
I said almost.


Of course, with the obama success stories with solar and the forced disposal of incandescent bulbs, we may not need oil in the future.
Hell, maybe we'll even pump up our tires and reverse global warming.






:)

I'm just saying that if you're gonna use any non-renewable, industry requirement first, it should probably be your enemy's.

Hell, imagine for a minute what the middle east will be like when all the oil has been used there. We won't know, because the news won't report on a damn thing there because it won't matter.

I have no real idea what the current global oil estimates are, no idea how long what we know about (excluding more esoteric oil sources like shale) will last. But ultimately it will run out.
Papachristou Offline
#27 Posted: Fri, Sep 14 2012, 2:46 PM EST
Joined: 10-20-2010
Posts: 845
ZRX1200 wrote:
Didn't we just give Brazil a ton of money for them to drill for oil that we could buy from them?


I love it when a plan comes together.


yes, obama loaned brazil $2 billion to explore for offshore oil reserves that china has the rights to. makes sense right? Sarcasm

doesnt the USA alone consume something like 80 million BARRELS of oil per day (42 gallon barrel)? it does kind of make you wonder when the middle east will just collapse on itself or maybe the gulf with the weight of all that water above it.
DrafterX Offline
#28 Posted: Fri, Sep 14 2012, 3:01 PM EST
Joined: 10-18-2005
Posts: 98,555
oil is deep..... Mellow
ZRX1200 Offline
#29 Posted: Fri, Sep 14 2012, 3:06 PM EST
Joined: 07-08-2007
Posts: 60,615
We gotta get more fetal stem cells to make dinosaurs to make more oil.


YES WE CAN!
YES WE CAN!
YES WE CAN!



http://www.youtube.com/watch?v=NwzaxUF0k18&feature=youtube_gdata_player
snowwolf777 Offline
#30 Posted: Fri, Sep 14 2012, 3:09 PM EST
Joined: 06-03-2000
Posts: 4,082
DrafterX wrote:
oil is deep..... Mellow



Don't generalize. There's an untapped deposit on my driveway under the kid's '99 Bonneville.
Papachristou Offline
#31 Posted: Fri, Sep 14 2012, 3:14 PM EST
Joined: 10-20-2010
Posts: 845
ZRX1200 wrote:
We gotta get more fetal stem cells to make dinosaurs to make more oil.



sheesh, you trying to make oil out of babies now! ram27bat
victor809 Offline
#32 Posted: Fri, Sep 14 2012, 3:16 PM EST
Joined: 10-14-2011
Posts: 23,866
Papachristou wrote:
sheesh, you trying to make oil out of babies now! ram27bat



We can make oil out of babies?!

Geez, if I had known I wouldn't have been throwing them in the trash all these years.
HockeyDad Offline
#33 Posted: Fri, Sep 14 2012, 3:24 PM EST
Joined: 09-20-2000
Posts: 46,135
victor809 wrote:
:)
I have no real idea what the current global oil estimates are, no idea how long what we know about (excluding more esoteric oil sources like shale) will last. But ultimately it will run out.



Don't worry about it. We'll let you know when it is an issue.
riverdog Offline
#34 Posted: Fri, Sep 14 2012, 3:50 PM EST
Joined: 03-28-2008
Posts: 2,600
victor809 wrote:
Why not just magically develop our own teleportation? Or maybe magically develop our own flying brooms?


Hmmm, I like the sound of the teleportation stuff, and Frannie already has the broom thing covered.
riverdog Offline
#35 Posted: Fri, Sep 14 2012, 4:02 PM EST
Joined: 03-28-2008
Posts: 2,600
victor809 wrote:
We can make oil out of babies?!

Geez, if I had known I wouldn't have been throwing them in the trash all these years.


Heheheheheh.Applause
Whistlebritches Offline
#36 Posted: Fri, Sep 14 2012, 7:04 PM EST
Joined: 04-23-2006
Posts: 22,128
victor809 wrote:
Why stop at magically developing our own oil?

Why not just magically develop our own teleportation? Or maybe magically develop our own flying brooms?



I would've thought an educated person would've heard of the Williston Basin and the Permian Basin.Nothing magic about whats being produced out of these regions................so many untapped resources in these areas it's almost unbelievable.


Ron
DrafterX Offline
#37 Posted: Thu, Nov 7 2013, 2:38 PM EST
Joined: 10-18-2005
Posts: 98,555
so... it turns out there wasn't any oil off the Brazil coast.... imagine that... Think
ZRX1200 Offline
#38 Posted: Thu, Nov 7 2013, 2:51 PM EST
Joined: 07-08-2007
Posts: 60,615
Another successful Soetoro energy investment!!!
DrafterX Offline
#39 Posted: Thu, Nov 7 2013, 3:28 PM EST
Joined: 10-18-2005
Posts: 98,555
maybe they'll sell us back the drill ships we bought for them..... Mellow
CelticBomber Offline
#40 Posted: Fri, Nov 15 2013, 11:01 AM EST
Joined: 05-03-2012
Posts: 6,786
victor809 wrote:
On a serious note, we probably are going about this in the smartest manner possible.

Think about it for a second. Oil is a non-renewable resource, the amount in existence is all we have.

Additionally, the value of this non-renewable resource will continue increasing as the known amount decreases.

Add to this, the absolute dependency every country has on oil...

So, you use your enemy's oil first, paying a relatively low amount per barrel. When that's all gone, you own all the oil.


This is exactly what I've always thought out REAL oil policy has been. Why use up ours when we can use theirs first. When theirs is gone they won't be able to do a damned thing. Even with all the money we pump into these countries they are not developing technology or weapons. They buy our old stuff and that's after we yank out a lot of the systems our pilots etc use. I've always thought our oil policies are the one thing we've gotten completely right.
bloody spaniard Offline
#41 Posted: Fri, Nov 15 2013, 11:22 AM EST
Joined: 03-14-2003
Posts: 43,802
Go ahead & impoverish the middle east & you'll almost double the population of Europe and this country in one year.
The Israelis will have a cakewalk at the next war.ThumpUp
ZRX1200 Offline
#42 Posted: Fri, Nov 15 2013, 11:29 AM EST
Joined: 07-08-2007
Posts: 60,615
All except the fact our mineral rights are the only insurance of our debt.......so unless were bombing everyone. No oil.
Abrignac Offline
#43 Posted: Fri, Nov 15 2013, 1:20 PM EST
Joined: 02-24-2012
Posts: 17,278
victor809 wrote:
:)

I'm just saying that if you're gonna use any non-renewable, industry requirement first, it should probably be your enemy's.

Hell, imagine for a minute what the middle east will be like when all the oil has been used there. We won't know, because the news won't report on a damn thing there because it won't matter.

I have no real idea what the current global oil estimates are, no idea how long what we know about (excluding more esoteric oil sources like shale) will last. But ultimately it will run out.


CelticBomber wrote:
This is exactly what I've always thought out REAL oil policy has been. Why use up ours when we can use theirs first. When theirs is gone they won't be able to do a damned thing. Even with all the money we pump into these countries they are not developing technology or weapons. They buy our old stuff and that's after we yank out a lot of the systems our pilots etc use. I've always thought our oil policies are the one thing we've gotten completely right.



I see one glaring problem with this theory.

http://www.huffingtonpost.ca/2012/09/06/saudi-arabia-oil-reserves_n_1862018.html wrote:

According to research from Citibank, Saudi Arabia is no longer the owner of the world's largest oil reserve. They've been surpassed by Venezuela. According to this "research" Venezuelan reserves equal about 296 billion barrels while the Saudi's own about 266 billion barrels. The report goes on to say that Saudi reserves with last until about 2030 at which time they'll become an importer.


Based on the theory noted above, sometime around 2030 we can dictate terms to the Middle East. But, who cares. When their oil reserves dry up they will revert back to nomadic sheep herders and we'll be a Chinese colony so that strategy falls flat.
DrafterX Offline
#44 Posted: Fri, Nov 15 2013, 2:13 PM EST
Joined: 10-18-2005
Posts: 98,555
I'm not sure I'd believe much about Venezuelan oil reserves.. Think
DrafterX Offline
#45 Posted: Fri, Nov 15 2013, 2:14 PM EST
Joined: 10-18-2005
Posts: 98,555
d'oh!
victor809 Offline
#46 Posted: Fri, Nov 15 2013, 2:19 PM EST
Joined: 10-14-2011
Posts: 23,866
How does the strategy fail? Just because it won't happen quickly enough for you?

You have two basic long term strategies when it comes to any nonrenewable resource...
1- use the other guy's first, while the price is cheaper, keeping yours in reserve for the inevitable increase in value.

2- use yours first, using the lower cost to amass an occupying army with the explicit intent of taking over the other guy's resources when yours runs out. (And I mean really take over, not invade, spend a lit of money, then give it back).

We arent too good at number 2.
Abrignac Offline
#47 Posted: Fri, Nov 15 2013, 2:25 PM EST
Joined: 02-24-2012
Posts: 17,278
victor809 wrote:
How does the strategy fail? Just because it won't happen quickly enough for you?

You have two basic long term strategies when it comes to any nonrenewable resource...
1- use the other guy's first, while the price is cheaper, keeping yours in reserve for the inevitable increase in value.

2- use yours first, using the lower cost to amass an occupying army with the explicit intent of taking over the other guy's resources when yours runs out. (And I mean really take over, not invade, spend a lit of money, then give it back).

We arent too good at number 2.


I guess you missed the part about being a Chinese colony by then.
Abrignac Offline
#48 Posted: Fri, Nov 15 2013, 2:26 PM EST
Joined: 02-24-2012
Posts: 17,278
... and the sarcasm.
Abrignac Offline
#49 Posted: Fri, Nov 15 2013, 2:26 PM EST
Joined: 02-24-2012
Posts: 17,278
... and the sarcasm.
DrafterX Offline
#50 Posted: Fri, Nov 15 2013, 2:28 PM EST
Joined: 10-18-2005
Posts: 98,555
Drill ANWR..!! ThumpUp
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