Posted by
Vonnie on Thursday, June 19, 2008 12:00:00 PM
The oil companies have leased 91.5 million acres and only 23.7 million acres are producing. Send them to bed and not give them any more until they get make all leased arces productive.
Finding oil is like finding a needle in the haystack. The oil companies have explored current leases with advanced technology and have found they contain little or no oil. They want to switch these to better possibilities. If the new sites do not have any oil, they can go back to the acres with little oil and more expensive to drill. Yet, the Democrats would have you believe they are holding onto the leases to increase the price.
The Democrats, this Wednesday night, had a 1994-2007 chart which they say proves more drilling does not lead to lower prices. The gas prices and production moved up slowly 1994-2003. Then in 2004, the efficiency of the oil companies increased, like 30%. And at the time though, prices increased even more, like 70%.
Could this be the only answer? Does consumption for Hummers, oversized SUVs, double cab pick-ups have anything to do with this? In the early 1990s, we still felt the need to conserve. Many foreign cars had as good mpg, as they tout today. Since that time and up to recently, it was impossible to find a car with good mpg. Also, during that time, I have seen spawling developments of 6,000 square feet homes sided by side for miles and in many areas. Energy efficiency can improve energy consumption, not eliminate it. Chris Dodd has a couple of those homes.
The oil companies became more efficient, but not enough for our appetite.
Rep. Steve King discussed all the options of energy. Our president had a speech on drilling and need for alternative energy. Democrat presentation Wednesday night was to say the Republicans and the president want to only drill. In the face of opposing facts, continue with the 30-second message.
The pipeline in Alaska was warned that the caribo would be affected. It has grown from 75,000 to 377,000. ANWR is north of the artic circle, which means no trees grow. Drilling can keep ANWR prestine because of the improved drilling methods and the land is mushy ice that melts and re-freeze without any mark on it.
This pipline can be used with the ANWR drilling for a million barrels. The Democrats say this will save us 1.8 cents a gallon. But, they also said one million barrels from OPEC would save 62 cents. The truth is we do not know the full facts. Allow the oil companies a chance to do what they do best and congress to back off what they do lousy.
The Democrats say the president has done nothing to solve our energy problem. They leave out our president has proposed plans and the congress has rejected all of them.
The Democrats say they have had energy plans. The price fixing was voted down. This did not work in the 1980s, but this makes no difference because they can say the Republicans block them. They have had 18 price gouging investigations, which turned up no price fixing. They talk as if this did not happen. They want more investigations because it has to be there.
Democrats say they have given over the years more leases for drilling. Why not give them all the leases to find unexplored oil. This is our congress's elite, condescending ways. Now, mommy or your big government knows best.
The sad part of this is it may be a little too late. The oil companies have sold much of the drilling equipment to foreign countries and the remaning equipment is aging.
Alternative energy is not ready for prime time. Honda has 50 hydrogen cars that they are leasing in Californa. How much does it cost to build one of these proto-types? One million dollars each. Flex-Fuel and Solar are fuel efficient, but expensive to buy to savings return, like 100 to one. One futristist says it will be five years before solar energy is efficient enough for general use.
You say drilling will take years. But, the stock market is forward projecting. Once we start to do something, the price will improve. Some day we can say we did it and did not put it off due to long-term planning.
So, Democrats saying, blaming, demanding does not make it happen. Capitalism makes it happen. Allow every option, every corporation, every public land and waters, and every interested person to get involved to solve our energy problem.