Can we drill for oil yet?

or are we better off to have our economy to collaspe?Can we drill for oil yet?
No. We haven't suffered enough.


It's still more important to have horny caribou in some God forsaken corner of Alaska, than affordable gasoline in the rest of the country.


The government won't stop price increases, or do anything to increase supply, because they want a windfall profits tax.


This tax won't lower the price we pay, it just let's the government get a piece of the action. They both stand to profit from any price rise.


So, why then would you expect either Big Oil or Government do anything to stop that?Can we drill for oil yet?
The problem isn't that we're running out of oil, we're just running out of the easy oil. The Canadian oil sands contain a 300 year supply of crude at current rates of consumption. We also have these oil bearing sands in the US but the Canadians already have production facilities in place and are currently producing 1.2m barrels a day from sand right now.





If government really wants to do something useful, they should promote immediate increases in this production to 20 million barrels a day (or more).





Private businesses are increasing production but nothing on the scale a loan from the government could accomplish. 8 billion dollars was raised for a new production facility in North Dakota but won't be on line for several years.





I am a strong believer in less government but this current situation is a danger to national security and a partnership between the government and private enterprise could actually solve our energy problem if there was just the will to do it.
it is time to sh*tcan the entire leftist Congress.





I am sick and tired of these scumbags bowing before the altar of the econuts.





California, Florida, Alaska, have known reserves of oil.





Montana, Utah, Colorado North Dakota have a very large known reserve of oil and oil sands, and oil shale. That is 8 times the original amount of oil found in Saudi Arabia. (break even cost of $50-70/bbl





Wyoming, Montana, (and elsewhere) we have large reserves of coal that can be used in CTL processes to place in the oil feedstock chain. (at a break even cost of $40/bbl).





Since the 1970s Congress has done not one friggin' thing to change this issue except demand emission and cafe standards, subsidize a net zero gain energy (Ethanol)..





Our driving population has increased while per person energy consumption and production remained fairly flat.





As much as the nutjobs demand ';green alternatives'; they remain less then cost effective solutions.





We have about 530-550 little Neros fiddling in DC while the country burns down economically as the result of eco-pandering.
Well, it all really depends on the interests of our policymakers. Why don't we use Yellowstone for geothermal, yes plenty of non-polluting, reliable, renewable energy? Why don't we use the coal from out in the West, such as Utah or Nevada? Where sulfur content is much lower?(LESS acid rain)





Eventually, we will be pushed to get the oil from our own land, not to mention from our neighbors, Mexico and Canada, the question is how much pressure from rising costs for fossil fuels we will have to go through before people finally buckle down and do it.
we may have too. The thing is though, u have to remember it takes time for this type of thing and it would be years before we are able to see any kind of benefit from this. I agree, its a must but we have our backs up against it. Oil is not as plentiful as before and it will become less so as years go on. Drilling is a must but senseable drilling and eco friendly. It can be done.


Another oil processing plant would be good also.


I am one of the few who see the benefit of high oil prices.


I lived through the 1970s oil crisis and we knew then to start going to smaller cars and alternative fuels. The ball started to roll but not quick enough. Now, we are suffering the consiquences of our thrist for oil. This will spur the country and the world to start looking for other forms of energy. This is a good thing and will make people more environment conscious. This country is at an important point right now to a better future in my belief.
You really think it would matter? Consumption is down, refineries are operating at 85% and the prices are still rising. It is not supply and demand, only supply. We can't control that.


Edit: To Raina. Not all oil companies purchase overseas oil, but they charge the same as companies that do. YOU do the math.
No the Democrat say it would not help that much so they disapprove the Bill again.,go figure it better to buy from someone else.





grump56 is it better to have your own or have to buy it from someone else ,do the math Sir
As long as the Dems are controlling Congress and the House,no drilling will be allowed. Then they can still use the oil situation for their own gain,just like they have been.Plays right into OPECs hands. And WE will be the ones to suffer,not the politicians.
Lets see we had the last 8 years with a republican Texas Oilman President and I guess he forgot huh? And before that we had 8 years with a Clinton who must have forgotten too... Yes it's just those damn Liberals again holding ALL the offices and controlling our economic growth!
yes but the fricking tree hugging leftist environmentalists won't let it, we have not built a new refinery in thirty years because of these quacks which own so many judges and politicians!!


we should turn Alaska upside down and drain it dry!!!
Yes we need more Nuclear Power plants also plus Oil Refineries
Time for the voters to rise up and demand responsible





drilling everywhere possible before gas is $10per gallon!





How would that be good for anyone!!!





...CHG...
No. Save the trees, No drilling in Alaska, No nuclear plant, no more refineries. Al Gore for president.
We can drill, just not much at all. I guess that's what we get for forgoing the problem since the 1970s.
We drill in Texas and the Gulf of Mexico all the time.
we can't drill for oil yet cause polar bears just went back on the endangered species list
we can drill but the dems won't allow it!
No. We all must be punished for ';ruining the planet';.
We're saving it until Mid East runs dry.





I hope our wallets don't run dry first.