Drill Here, Drill Now (For USA)

[Liquid_Cow]

Congress is about to take up domestic drilling for oil again. Once again the same old tired arguments will be used to stop the exploration for new sources of oil and natural gas. I guess when you make as much as a congress man does you don't have to worry about filling up your tax payer paid for Lincoln town car. If you are sick and tired of $4 to 5/ gallons gas I suggest you (or try to get your parents) call your Senators and Representatives and tell them "Drill here, Drill now."

Also, there is an on line petition HERE which you can sign.

I welcome debate on the subject of drilling in the US, including ANWR and the continental shelf.

[[R-DEV]Masaq]

$5 a gallon? That's around £2.50 for 4.5 litres, or £0.55 a litre... petrol prices in the UK are currently well over twice that, likewise on the rest of continental Europe. Get used to higher energy prices just like the rest of us, is my advice.

[NickO]

Around 10$ a gallon over here.

Maybe we should start invading countries too. :/

I suggest you send letters to your congressmen to seriously start funding alternative types of energy instead of desperately clinging to oil.

[Harrod200]

Originally Posted by NickO

Around 10$ a gallon over here.

Maybe we should start invading countries too. :/

I suggest you send letters to your congressmen to seriously start funding alternative types of energy instead of desperately clinging to oil.

Letters which will no doubt be opened by secretaries and binned while the oil company representatives are negotiating the price of the congressman's vote.

Oh and Mas, in some places 3-4 times US prices here; during the last strike one place was up to around $4/litre... If they complain at their prices, I wonder how they would feel if they suddenly escalated near ours.

[Defiyur]

I'm torn between 2 views on this. On one hand I support the idea of drilling here for oil (as long as it's done safely and responsibly) since anything that makes us more independent I like. But on the other hand I'm worried that if we start going nuts drilling here that will be used as an excuse to extend indefinitely our fossil fuel society and clean alternatives will be relegated to the "backburner" AKA never going to happen.

[SethLive!]

Originally Posted by [R-MOD]Masaq

$5 a gallon? That's around £2.50 for 4.5 litres, or £0.55 a litre... petrol prices in the UK are currently well over twice that, likewise on the rest of continental Europe. Get used to higher energy prices just like the rest of us, is my advice.

Why on earth should we get used to high prices when we dont have to

Increasing to supply would lower the relative demand, and therefore the price. Simple as that.

[[R-DEV]Masaq]

No it's not. The increase in global demand has outstripped the increase in global supply for the past two decades. You can't fuel an almost infinite demand with an ever-decreasing supply.

You're better off using remaining oil to power the development of new, more sustainable and more efficient technology. Using it to lower the price of petrol at the pump just aggrevates the problem in the long term.

Simple as that.

[SethLive!]

Originally Posted by [R-MOD]Masaq

No it's not. The increase in global demand has outstripped the increase in global supply for the past two decades. You can't fuel an almost infinite demand with an ever-decreasing supply.

You're better off using remaining oil to power the development of new, more sustainable and more efficient technology. Using it to lower the price of petrol at the pump just aggrevates the problem in the long term.

Simple as that.

ummm have you ever taken an econ class? If the demand was infinite then gas would be much more than $5 a gallon. (or even $10 in europe, which has more to do with taxes and where they buy it) If you increase the supply then the price will fall.

Yes the demand is increasing but the supply is increasing as well. The only reason that the price is higher now than it has been is because the demand has been increasing faster than the supply.


LOL aggravates the problem! how is increasing the supply is going to aggravate the problem? Do you think that lower prices are a bad thing? If not, please explain how the laws of supply and demand do not apply to this issue.

What you fail to understand is that there are enormous amounts of untapped oil reserves still left on earth. Why try to force alternative energy when we dont have to? When technology gets more advanced, then alternative energy will present itself.

There is no reason to manufacture a problem when we could wait for technology to solve it.

[[R-DEV]Masaq]

Okay okay so demand isn't infinite, but it's growing far faster than supply can. You're aware that there's only one oil-exporting nation with any slack capacity to produce, yes?

The problem gets aggrevated in the long term because we need energy to develop new energy sources. If we pour the remaining oil into cheaper supplies for people's cars, we can't use it to develop new resources as cheaply as we should.

Oil isn't price inelastic; people do reduce consumption when the price rises. We know that from the oil crises of the early seventies and we know it from the way the car industry has responded in recent years with manufactoring - and marketing - cars with better mpg. That's a Good Thing.

The age of cheap oil is over. Let it go.

[SethLive!]

Originally Posted by NickO

Around 10$ a gallon over here.

Maybe we should start invading countries too. :/

Wow great! regurgitate propaganda!

the real reason for cheaper American gas is low taxes, not Iraqi oil. Only 5% of all American oil is from iraq.

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