Obamas energy plan

[kcshocker11]

Seems thst Obama has a plan afterall

Fadel Gheit, a senior energy analyst for Oppenheimer, projected a more dramatic reduction in oil prices, noting that Obama's SPR plan could "cut prices in half."

http://money.cnn.com/2008/08/04/news/economy/obama_energy/index.htm?postversion=2008080417

http://my.barackobama.com/page/content/newenergy

8) 8) 8) :D

Some people just have to poke the hornets nest with a stick

[SB Shock]

[kcshocker11]

Thats one vote for Obama I guess.

[SB Shock]

[kcshocker11]

Hmmm rightoons is that Disney, Hannah Barberra or Looney tunes? :D 8) 8)

http://www.youtube.com/watch?v=xRq1SbphIEM

[SpanglerFan316]

SB Shock: Properly maintaining your car (e.g. tire pressure, tune ups) will save you fuel and money right now. Buying more fuel efficient cars (or riding bikes) will save you fuel and money right now.

http://fueleconomy.gov/

http://www.latimes.com/business/la-fi-garage3-2008may03,0,5514097.story?track=rss

A different California agency, the Air Resources Board, is considering measures to ensure that tires maintain proper air pressure, which can dramatically affect fuel economy. One possible step is a permeability standard that would require manufacturers to make more-airtight tires, a rule tire makers oppose.


Drilling for more oil will not save you money for 10+ years and the savings will be minimal. The "market forces" which determine the price of a barrel of oil will cause short term fluctuations in the price but supply and demand (properly understood) will determine long term prices. (Note: Various regulations may influence the meaning of "supply" of oil.)

http://www.wtrg.com/prices.htm

Other major factors contributing to the current level of prices include a weak dollar and the continued rapid growth in Asian economies and their petroleum consumption. The 2005 hurricanes and U.S. refinery problems associated with the conversion from MTBE as an additive to ethanol have contributed to higher prices.

One of the most important factors supporting a high price is the level of petroleum inventories in the U.S. and other consuming countries. Until spare capacity became an issue inventory levels provided an excellent tool for short-term price forecasts. Although not well publicized OPEC has for several years depended on a policy that amounts to world inventory management. Its primary reason for cutting back on production in November, 2006 and again in February, 2007 was concern about growing OECD inventories. Their focus is on total petroleum inventories including crude oil and petroleum products, which are a better indicator of prices that oil inventories alone.

[rjl]

In the words of Obama, it's like the Republicans are proud of being ignorant.

Inflating tires to specifications and properly maintaining your vehicle will do more to increase the immediate supply of gas than offshore or ANWR drilling will, as several independent studies have shown the latter won't take effect for 10 years, and won't take FULL effect until around 2030.

[SubGod22]

Tire inflation has a minimal effect in the big picture. Drilling wouldn't be the cure but it would help some as well and it wouldn't take anywhere near the 10 years the liberals keep saying. Reports from some of the best in the industry say they could have drill and have oil impacting the market in 1-5 years depending on where they're drilling. Ignoring oil is stupid. Depending on wind and solar to be THE source for everything is stupid as well. It takes a mixture of all available options.

[rjl]

Tire inflation has a minimal effect in the big picture. Drilling wouldn't be the cure but it would help some as well and it wouldn't take anywhere near the 10 years the liberals keep saying. Reports from some of the best in the industry say they could have drill and have oil impacting the market in 1-5 years depending on where they're drilling. Ignoring oil is stupid. Depending on wind and solar to be THE source for everything is stupid as well. It takes a mixture of all available options.

The "liberals"? Since when is the US government's Energy Information Administration liberally biased?

http://www.time.com/time/business/article/0,8599,1815884,00.html?cnn=yes

According to their 2004 study, it will be until 2027 before the full effect of drilling in these areas is online, by which time global demand will have increased by 30%.

In other words, the United States would be far better off finding alternatives to oil consumption over the next 20 years than feeding out nasty little habit.

Once again, Subgod. Bring the proof. Got any?

The Stone Age didn't end because they ran out of stones. It's time for the most technologically advanced country in the world to move on.

[rjl]

And once again, I'll attack the assertion that allowing increased drilling in these areas will foster any sort of "energy independence."

That's a Republican talking point that preys on the ignorant.

It will be the OIL COMPANIES drilling in these areas. Not the US Government.

To the oil companies, there is no mythical "USA Oil Market", there is only a global one. They will drill the oil offshore or in the ANWR and sell it on the global market for whatever price oil happens to be by 2027, at which time the Energy Information Administration predicts global demand will be 30% higher than it is now.

Oil companies richer, USA still screwed by their same old heroin habit.

[SubGod22]

Who in the hell has ever said we shouldn't look to alternatives? All most are saying is that we should also drill our own oil to help us out. I don't spend a lot of time looking up sources and I'm sure I can find plenty if I wanted to. I'm just going off what I've heard from those in the industry on TV a few weeks back.

We can go look at alternatives and see that there's no hope in the immediate future of them supplying what we need either. Should we just give up on that as well? Would you like us to return to the stone age?

[BostonWu]

Tire inflation has a minimal effect in the big picture.

Agreed. The overall benefit from such a public service announcement is way overstated. First, not everyone will take heed and comply. Secondly, they're not taking into account the percentage of cars that already have proper inflation. Therefore, the net incremental increase is insignificant in the grand scheme of things.

[rayc]

rjl:
The "liberals"? Since when is the US government's Energy Information Administration liberally biased?

Probably at least since Carter, and once ingrained in the system it’s almost impossible to purge.

http://www.time.com/time/business/ar...0.html?cnn=yes

According to their 2004 study, it will be until 2027 before the full effect of drilling in these areas is online, by which time global demand will have increased by 30%.

And your point?

They also state that it has been 26 years since drilling was allowed, do you suppose that has had any effect on the current supply situation? Negative or positive?

I personally think that you and Obama need to worry less about your “World Citizenship” and more about your U.S. ties. I don’t give a rats rear end about global demand, only American needs and the security of our supply.

In other words, the United States would be far better off finding alternatives to oil consumption over the next 20 years than feeding out nasty little habit.

Why do you liberals always assume it’s got to be one or the other? If we don’t “feed our nasty little habit” there will be no finding of alternatives. Besides that “nasty little habit” represents and supports your lifestyle. If you are truly “living off the land”, you may have a point, otherwise…

Once again, Subgod. Bring the proof. Got any?

I’m not Subgod, but proof of what? The idiotic pretending that the vigilant checking of tire pressures substitutes for a rational National energy policy?

The Stone Age didn't end because they ran out of stones. It's time for the most technologically advanced country in the world to move on.

Sounds deep, too deep for me apparently.

Explain to me please why did the Stone Age end, and what was the length of the transition period between it and whatever age followed it, or was there no transition period?

Did everyone just quit using stones on the same day while they searched for whatever it was that replaced stones?

I’m so confused.

[rayc]

rjl:
And once again, I'll attack the assertion that allowing increased drilling in these areas will foster any sort of "energy independence."

The ONLY way that statement makes any sense is from a global perspective.

And once again I’ll say that you and Obama need to drop the “World Citizen” BS and start being concerned with the U.S. interests. Increased drilling in these areas will assist in our drive for National energy independence, and that point is so clear that it’s not even debatable.

That's a Republican talking point that preys on the ignorant.

Geeze, talk about talking points.

It will be the OIL COMPANIES drilling in these areas. Not the US Government.

No, I’m shocked to learn this, shocked I say.

To the oil companies, there is no mythical "USA Oil Market", there is only a global one. They will drill the oil offshore or in the ANWR and sell it on the global market for whatever price oil happens to be by 2027, at which time the Energy Information Administration predicts global demand will be 30% higher than it is now.

Oil companies richer, USA still screwed by their same old heroin habit.

A lot of assumptions, perhaps old wives tales, and dare I say … talking points, with no real basis in facts that I’ve ever seen, perhaps you can provide some.

For the third time, you and Obama need to realize that you are American citizens, there is no such thing as a “Citizen of the World”.

The energy independence that is of paramount importance is American energy independence. We cannot solve the world’s energy problems until we have ours well in hand. Keeping your head in the clouds and hoping for relief is not going to help solve our oil import problem.

[WuDrWu]

Maybe a better idea would be to get everyone on welfare off cigarettes. If everyone that used welfare money to buy cigs spent that money instead on alternative fuel discovery and research, we should be able to solve the problem in the next few years.


That should also save a chunk of govt change in medicare and medicaid (minus the lost tax revenue of course :D )that could go to more green endeavors.


I wonder how that idea would float in the Obamatron's world?