Not only will it drive down the cost of gas but it will also CREATE JOBS!
JOBS! JOBS! JOBS!
GOOD PAYING JOBS!
It takes time to move and set up the rigs! so relief will not be immediate.
Will More Drilling Lower Gas Prices?
SodaHead News
2011/05/10 18:34:03
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If you've filled up your gas tank lately you know we're in a serious crisis. Prices at the pump are at near-record levels and aren't expected to fall for another month or two.
Many pundits attribute this spike to the Democracy Spring across the Middle East and the fears that uncertainty in the region could lead to a choked-off supply of crude.
But Washington Examiner columnist David Limbaugh sees a very different gremlin at work here, namely, President Obama. In a searing column condemning the White House's energy policy, Limbaugh (yes, he's the younger brother of Rush) argues that Obama is getting a pass from the same liberal media that excoriated former President George W. Bush for rising gas prices under his watch.
"Or could it be that they aren't critical because they share his bias against conventional energy and believe the pain caused by his policies is necessary to move us toward alternative energy sources?" Limbaugh wondered.
According to Limbaugh, when gas prices went up during Bush's second term, the failed former Texas oil man took "proactive steps" to increase supply and reduce prices, while Obama has "taken action to impede conventional energy sources and shove us into alternative ones … Obama told us he would bankrupt the coal industry. He's pushing high-speed rail down our throats despite the lack of public demand for it and our inability to finance it."
Limbaugh wonders why there aren't calls for investigations into these comments and others, including one from Energy Secretary Steven Chu, who he quotes as saying, "Somehow we have to figure out how to boost the price of gasoline to the levels in Europe."
He suspects the president's goal is to suppress or shut down the existing oil infrastructure in the U.S. in pursuit of alternative energy priorities, though, so far, Obama's push for high-speed rail and increased alternative energy avenues have mostly fallen victim to budget battles and GOP stonewalling.
The solution is, of course, drill, baby, drill.
Open more coastal waters for exploration, lift the seven-year ban on drilling off the Atlantic and Pacific coasts and in the eastern Gulf of Mexico. Though experts have said those areas are not thought to contain enough reserves to solve our long-term energy crisis and that it could take a decade or more to actually see that drilling bear black gold, Limbaugh said Obama's "crippling policies" are having a ripple effect on the many vendors, suppliers and restaurants that help fuel the domestic oil industry.
The bottom line, though, is that despite the worst environmental disaster in U.S. history last year with the BP spill, Americans like Limbaugh, and his brother, are more concerned about rising gas prices than environmental damage.
"Obama is no less determined to cram his preferred energy alternatives down Americans' throats than he was to force-feed us socialized medicine. Again, where is the outrage?" Limbaugh wondered.
Do you agree that more drilling is the answer?
Many pundits attribute this spike to the Democracy Spring across the Middle East and the fears that uncertainty in the region could lead to a choked-off supply of crude.
But Washington Examiner columnist David Limbaugh sees a very different gremlin at work here, namely, President Obama. In a searing column condemning the White House's energy policy, Limbaugh (yes, he's the younger brother of Rush) argues that Obama is getting a pass from the same liberal media that excoriated former President George W. Bush for rising gas prices under his watch.
"Or could it be that they aren't critical because they share his bias against conventional energy and believe the pain caused by his policies is necessary to move us toward alternative energy sources?" Limbaugh wondered.
According to Limbaugh, when gas prices went up during Bush's second term, the failed former Texas oil man took "proactive steps" to increase supply and reduce prices, while Obama has "taken action to impede conventional energy sources and shove us into alternative ones … Obama told us he would bankrupt the coal industry. He's pushing high-speed rail down our throats despite the lack of public demand for it and our inability to finance it."
Limbaugh wonders why there aren't calls for investigations into these comments and others, including one from Energy Secretary Steven Chu, who he quotes as saying, "Somehow we have to figure out how to boost the price of gasoline to the levels in Europe."
He suspects the president's goal is to suppress or shut down the existing oil infrastructure in the U.S. in pursuit of alternative energy priorities, though, so far, Obama's push for high-speed rail and increased alternative energy avenues have mostly fallen victim to budget battles and GOP stonewalling.
The solution is, of course, drill, baby, drill.
Open more coastal waters for exploration, lift the seven-year ban on drilling off the Atlantic and Pacific coasts and in the eastern Gulf of Mexico. Though experts have said those areas are not thought to contain enough reserves to solve our long-term energy crisis and that it could take a decade or more to actually see that drilling bear black gold, Limbaugh said Obama's "crippling policies" are having a ripple effect on the many vendors, suppliers and restaurants that help fuel the domestic oil industry.
The bottom line, though, is that despite the worst environmental disaster in U.S. history last year with the BP spill, Americans like Limbaugh, and his brother, are more concerned about rising gas prices than environmental damage.
"Obama is no less determined to cram his preferred energy alternatives down Americans' throats than he was to force-feed us socialized medicine. Again, where is the outrage?" Limbaugh wondered.
Do you agree that more drilling is the answer?
Top Opinion
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☆56lady☆POTL~JLA~PWCM 2011/05/10 21:11:06Yes






















A good prospect could take 10 years to bring into production. So drilling holes all over the place will do nothing for your forth of July gas prices. Nothing. Absolutly Nothing.
But since we are forseeably a hydrocarbon based society, if we don't drill holes, prices will increase over the longer term more sharply than if we did not drill holes.
After the Horizon catastrophe that dumped millions of gallons into our waters and into the fish we'll eat - along with hundreds of thousands of gallons of chemical dispersant to hide it so it wouldn't show up on beaches - we are currently giving deep water drilling permits at a break neck pace, and in deeper water than the Horizon was in USING THE SAME SAFETY MEASURES. Yup, the same backflow preventers that failed, was studied, and shown to be ineffective if there is a blow out are being installed on the rigs being put in now.
Nice, huh?
But if they could work out containment domes, a failsafe backflow preventer, etc. I think we need to drill and get away from foreign oil instead of sending them our money to use against us.
Heck yeah, drive down profits on those bastards...
I don't think LIMITING profits to, say, $400B instead of $500+B is going to destroy Big Oil's incentives. But you go ahead and buy their side of the story. I could care less.
2. Your reply to me: More indication of ignorance from the followers of the left...
THAT'S AN ATTACK. Did you bother to reread the conversation before replying above? Or is your grasp of rhetoric so poor that you don't know what constitutes a verbal attack?
Apparently on one hand you think you can say anything and it's acceptable; on the other you're so thin-skinned that you can't stand being laughed at. Awwwww. Don't dish it out if you can't take it, sweetpea. And YOU dished first. I won't engage in a debate with you on the merits of the question because you aren't worth the effort.
[If there are any words or concepts in this message that you don't understand, get out your Funk & Wagnalls and figure them out for yourself.]
So jubi, what exactly is it that YOU do for a living? Please explain why your choosen segment of the economy is special and should bear less burden that the most fundamental industry in the world?
Any oil that would come from drilling would be subject to the same market speculation ( the speculation that is driving up the price of oil, not supply and demand) and would therefore cost the same as the oil we have now.
the truth is Obama has demonized oil companies...when they supply the energy that makes this whole country run.....
EXXON profit margin 9.56% ..is that too high?
Well then you must Really HATE APPLE as their profit margin is 22.36%!!
http://finance.yahoo.com/q/ks...
http://finance.yahoo.com/q/ks...
Obama has no plan for alternatives...as they still cost way more than fossil fuels and
He has only approved 2 LOANS for construction of new nuclear plants..when he promised much more...
The numbers you are quoting are not quite accurate because of changes and differences in bookkeeping that favors putting money into places that are not actually real. i.e. Your numbers, the one's that Exxon Mobil likes to throw out, are "their numbers" not what is real, but what is nicely done by a hundred accountants trained to show what the company wants you to see.
Whether or not Obama or congress has no plans is irrelevant. There should be plans, but we have a SCOTUS that allows corporations to continue to influence the government and the electoral process for the sole purpose of their own well being.
It does take more to get oil out of the ground now as compared to 5 yrs ago....
The easy oil is not available anymore....Obama has banned drilling on 75% of our coastline...
along with tougher regulations in the US and around the world has driven cost....
Also new techniques to get that "tougher" oil such as horizontal drilling are way more expensive...
Obama not having a plan is irrelevant???!!!
He promised over and over..a move to alternative energy...but has no plan...
The cost of alernative is currently prohibitive,,,$40,000 for a chevy volt is not the answer compared to a combustion engine in the chevy Cruze ECO that gets 42 mpg and costs $19,000 half of the Volt.....
That influenece you speak of..is another promise OBAMA broke...
But have the MORE SIGNIFICANT Effect of letting those who WORK HARD EACH AND EVERY DAY have MORE in their pockets to stimulate the economy in their hometowns by having MORE to spend .. a bit of breathing room .. more to save .. and building MORE JOBS too!
We DO Need to accompany not only the Drilling and production WITH a lessening of the TAX BURDEN on those who are affected the most .. that means those of us who DO WORK HARD EACH AND EVERY DAY and pay our bills ..
ADD to this .. actually making those in Politics KEEP THEIR HANDS OFF the Directed Taxes (like the ones on Fuel .. actually PUT IT to building/maintaining roadways .. There are STILL Dirt Roads where I am at .. and in many areas of the USA too outside of the cities .. our ROADS are maintained by those of us who live there .. NOT by the TAXES that we pay .. that gets siphoned off for the cities .. ) and FICA (That should NEVER have been siphoned off for all those give-aways either).
I know that IF Given the chance to see a lowering of prices/TAXES .. there'd be those of us .. barely hanging onto our businesses .. wanting to expand our base .. and actually .. if we had more opportunities .. we'd definitely HIRE for sure.
As it is now .. that is not going to happen.
DRILL .. Just DRILL and CUT our Taxes too ...
http://www.sodahead.com/unite...
Wake UP!