Gas to hit $4.00 a gallon. Bush never heard that!

Discussion in 'Free Speech Alley' started by Rex_B, Mar 8, 2008.

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  1. houtiger

    houtiger Founding Member

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    tiga, you're forgetting something very important here. The oil situation is more complicated than simple supply and demand. We're not out of oil, we're running out of oil that is cheap to find and PRODUCE. Cheap oil is onshore and in big pools under salt domes. When you have to go offshore, it gets more expensive. When you have to get it out of shale, or the N. Sea, or frozen climes up in Alaska, it gets more expensive. I read where the oil in the sands up in Canada needs a $50 per barrel price to make it economically feasible, and it requires energy to heat the sand to get it to separate the oil and the sand in hot water.

    Even if the demand goes down, the expense to produce will be going up.
     
    houtiger, Mar 11, 2008
    #21
  2. luvdimtigers

    luvdimtigers Founding Member

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    The amount of available oil to be drilled in the U.S. is vastly overstated by the conservatives. Until technology gets to the point we can recover some of the oil we have that we can't get to yet.

    http://www.eia.doe.gov/emeu/aer/pdf/perspectives.pdf
     
    luvdimtigers, Mar 11, 2008
    #22
  3. Nutriaitch

    Nutriaitch Fear the Buoy

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    This is completely selfish of me, but YES!!!
    Drill more!! and more importantly, Fabricate more rigs and platforms!!!



    (I sell oil field supplies for a living)
     
    Nutriaitch, Mar 11, 2008
    #23
  4. luvdimtigers

    luvdimtigers Founding Member

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    The United States has the largest supply of oil shale in the world, enough to supply our oil needs for over 100 years, but we don't have the technolgy to produce oil from oil shale.
     
    luvdimtigers, Mar 11, 2008
    #24
  5. ccgw

    ccgw luv'em Tigers

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    They just had a program I believe on Discovery Channel yesterday talking about this!

    I recently heard part of the hike in oil prices is also linked to the drop in the US dollar.:cuss:
     
    ccgw, Mar 11, 2008
    #25
  6. lsu-i-like

    lsu-i-like Playoff advocate

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    Just like that goofy Ron Paul was saying all along.
     
    lsu-i-like, Mar 12, 2008
    #26
  7. Krypto

    Krypto Huh?

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    Are you listening to Bubba the Love Sponge?
     
    Krypto, Mar 12, 2008
    #27
  8. gumborue

    gumborue Throwin Ched

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    i dont want people to lose their jobs and go hungry, but im all for higher gas prices.


    arent all Washington DC politicians out of it? i wouldnt expect bush to know how much gas is. when was the last time he filled up? Do any of them drive anyway?
     
    gumborue, Mar 12, 2008
    #28
  9. Krypto

    Krypto Huh?

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    yeah but you would think his advisors would at least have a clue as to what is happening in the real world.

    And congressmen still drink. I seem to remember one of the Kennedy's getting picked up recently for DUI in DC.
     
    Krypto, Mar 12, 2008
    #29
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