Wednesday, August 18, 2010

Price gouging of Oil is being done by the Oil companies, so it will let them Drill for Oil in Alaska?

Someone is driving up the price on purpose and its not lack of supplyPrice gouging of Oil is being done by the Oil companies, so it will let them Drill for Oil in Alaska?
We have been drilling and pumping oil up here in Alaska since 1977. The wildlife is just fine with the pipeline. We don't have enough to satisfy the needs and wants of the USA.Price gouging of Oil is being done by the Oil companies, so it will let them Drill for Oil in Alaska?
If you can explain to me how we're price gouging I'd be very interested to hear your thoughts. But based on the fact that you asked the question this way, it's clear that you have zero understanding of how gasoline pricing works and probably aren't that interested in learning that real truth.
The whole reason we arnt drilling their they say is for the wildlife and stuff, but i used to think it was because we are waiting for everyone to run out of oil then we sell it but by then everyone will have solar or what not i mean its a while before we run out of all of it so yea

Are levees the things in the gulf of mexico that drill oil out of the ocean, if not what are they called?

levees are dams made out of sand or dirt. the things that


drill for oil in the ocean are oil rigs.Are levees the things in the gulf of mexico that drill oil out of the ocean, if not what are they called?
Oil platforms are in the gulf. Levees help contain rivers and lakes (or they are supposed to)

How high will oil prices get before B. Hussein Obama thinks we should drill?

Will 10$ a gallon gas change his mind? What about 15$ a gallon? Or will he just send us a check from the treasury courtesy of our grandkids just like your buddy Bush?How high will oil prices get before B. Hussein Obama thinks we should drill?
Drilling is not the answer.How high will oil prices get before B. Hussein Obama thinks we should drill?
The liberals don't care as long as it solves their environmental concerns. This is the same agenda Carter pushed and created the oil embargo of the seventies. They have said since then that only market driven solutions would work. If we have cheap gas we can drive bigger cars. The more gas costs, the more we are forced to comply with the liberal agenda. Look at the price of gas prior to the Pelosi hijacking of Congress and immediately afterwards... it didn't take 10 days for the price of gas to rise dramatically. .
Let's see if I've got this straight. After reading some of the comments on this subject, Carter was responsible for high gas prices in the 70s, but Bush-a TEXAS OIL-MAN-is not responsible for the current record prices.





Explains why someone like Bush could get elected to two terms. The clueless way outnumber the rest of us.
It's not just Obama. Have you seen Schwarzenegger's latest comments? Also, I see a distinct lack of comment from any of the oil companies backing this McCain gimmick. McCain has admitted its a psychological sleight of hand to make consumers ';feel better';. What the heck good is THAT?!
Jimmy Carter never grasped that he was to blame for the oil woes of the late 70s, just as his predecessors were to blame for the oil problems of the early mid seventies. So, no I don't think there is any amount that oil could cost before Barak would do something to correct the problem.
He won't change his stance like J. Sidney McCain (the toilet son of a murderer) does every time it suits him.





(John is slang for toilet (I gotta go to the John)


';Mc'; is Gaelic for ';son of';


';Cain'; is the biblical son of Adam and Eve that killed Abel


...see, I can play the name game, too.)
Nothing was stopping the republican president and the republican congress from giveing the green light to oil companies. Why didn't Bush do something.


But drilling for oil is not the answer.
well at hte end of '08 prices will get up to 9 dollars a gallon!


insanity i know!


stupid liberals.


oh and all you people who are saying why didnt bush do anytthing


its cuz of bill clinton he made a law..........bush cant override it.
he and democrats do wants us to drill but they want oil companies to drill on the 68 million acres of land the government has already leased to them
You havent been paying attention - It wont lower prices more then maybe 20cents/gallon.





McCain even said it wouldnt help.
How about Alternative Fuel?
Why does everyone think this drilling is the messiah of the U.S., it will have minimal impact
What do you drive, friend?





Drilling isn't the answer. We need alternatives.
There is no politician who has the balls to admit the obvious. The oil companies do not have America at its best interest.





Therefore, we need to consider the following.





=======





I believe the oil companies need to be nationalized and the profits go back to the people in the form of lower taxes.Same with our communications systems.





Where I live in China as a transplanted American, both are nationalized and a gallon of gas costs about a buck less, and my cell phone bill is obscenely little. About $15 a month and I use it extensively.





Plus, I pay zero sales tax, and tax on a home is very small to non existent, plus I have no income tax, despite that I make considerably more then the average person.





There is a lot of revenue to be made off of both which gives the people more disposable income. A win for the government, a win for the people, a win for our economy. It will just pizzzz off the fat cats, one that some love to support, yet they don't give a rats behind about their supporters.





We often hear that the oil companies have a vested interest to give alternative energy only lip service. What better way to take care of that problem then put energy in the hands of the people. We need a Manhatten type of program to help eliminate our dependance on foreign oil while putting on the fast track alternative energy sources. The oil companies will fight both till all we will have left is a drop in the bucket of what we really need, all while we, the tax payer, continues to give them welfare bucks.





What I fail to understand, people will fight tooth and nail to support the oil companies while continuing to pay high energy prices (at a profit that lines the pocket of the fat cat, who doesn't give one hoot about them.) and pay high taxes to boot. Kind of like, shooting themselves in the head just to prove they can. Makes no sense whatsoever.





I'm a capitalist, but when it comes to this, I must put my foot down and say, enough is enough.


Case in point, in Venezuela, who has nationalized oil, they pay 13 cents a gallon.


http://fabulously40.com/article/2171/Pri鈥?/a>


http://www.nationmaster.com/red/graph/en鈥?/a>





Think about it.





===============


Life is so simple, but we insist on making it complicated





Confucius


551 - 479 BC


===============





Peace





Jim





.

How could Palin make the claim that domestic drilling would free us from foreign oil?

She touted that she is governor of an ';energy producing state'; so many times during the debate that I lost count, but she seems to lack even the most basic understanding of the global oil market.


Like the fact that the US uses 25% of the world's oil, yet sits on only 3% of the world's oil reserves. No matter what kind of funny math you use, those statistics indicate that we will be dependant on someone to provide us with oil.


Then she mentioned about sending our oil-dollars overseas to countries which don't like us. That's true, but ignores the fact that not every drop of oil produced in the US stays in the US. Oil is a global commodity, and once that oil hits the surface, it is subject to be shipped anywhere in the world. Surely, as governor of Alaska, she should know that the US EXPORTS Alaskan oil to Asia, including North Korea, which hates us!


So, is she lying, or is she just ignorant?How could Palin make the claim that domestic drilling would free us from foreign oil?
No clue.


Right-wingers aren't going to let us stop selling it on the global market....That would be socialism.


So drilling isn't going to do anything but allow oil companies to sell more futures while the price is high. Guess who they would be selling it to.... The use tax payer to fill the strategic reserve. Then when the price goes back down, they'll allow their refinries to buy it back at a lower prices, refine it, and sell it back to us, making profit on it a second time.


for the 1st four idiots above


http://www.eia.doe.gov/oil_gas/rpd/topfi鈥?/a>





gosam777, the gas an oil market are two separate things.


And oi companies do manipulate the markets.


Nationalized oil comapnies maipulate it by their countries misbehaving causing speculators to percieve a possible threat t supply.


Others manipulate by utilizing the ENRON loophole and buying huge amounts of oil of unregulated foreign markets to drive up the prices.How could Palin make the claim that domestic drilling would free us from foreign oil?
Actually you are ignorant. The United States is sitting on top of 3% of the world's oil reserves. Consumption and reserves are two seperate things. We have enough oil in the United States to meet our needs for 50 years. That would buy us time to find alternative energy sources. Oil is a global commodity; but being in a position to be self sufficient places the United States in a better position. If external oil suppliers cut off the oil flow to the US we would be crippled. Being self sufficient would ensure our continued survival in the world economy.
The only way for domestic drilling to have any kind of impact on our consumption and dependence on foreign oil would be to have the state take over the oil companies. I wonder how Republicans feel about that?


';gosam'; above, I have never blamed an oil company for price gouging. Please try to keep in mind that there are literally millions of liberals with varying opinions. My words are my own. Do not attribute another's to me and I'll show you the same respect.
Because it's a fact, I know liberals don't believe facts only fantasies.
The first 4 answers show the shocking ignorance of conservatives.
I believe your numbers about 3% of the US oil reserves is wrong.
800 billion barrells of oil sitting under Wyoming.





Amy more stupid questions?
3%? you need a math class.
I've really got to ask,why would it bother you.Its the oil companies that would be paying for the land/lease,The oil companies that would be paying for the exploratory fees,The oil companies that would be paying to drill,the oil companies,that would have to work in the environmental guidelines(before and after).The oil companies that would pay and build the plants for refining,The oil companies that would be paying the Government money in fees,taxes,and for the employees and the new jobs this would create,Not to mention the income on state levels and their taxes too) so whay is this bad?What is it costing you,until we create/invent a better energy source?
If 3% of the worlds oil = 50 years at forecasted demand levels and we could pump it quickly enough we would have oil independence for 50 years. Regardless any dent we can put in the 65% of foreign oil we import is a positive since our demand is increasing but our current oil well outputs are decreasing. Look at the department of energy.gov. Only 3% of our oil is exported, the rest is used in the US. Besides any supply reduces oil prices regardless of where it is produced.





I would say she makes good sense. The magnitude of this issue is huge, we need a fossil fuel bridge while transitioning to renewable sources.
Then we must work to repair the damage caused by becoming more dependent on foreign oil and if that means drilling here for the short-term and keeping the oil where it is needed, so be it. currently this is not being done because of our desire for international trade. I think they get it that we need to depend more on the US for resources than other countries and OPEC. Just remember who allowed this to happen, there was a time we were more dependent on our own resources, but then some one before Bush agreed to buy our oil from overseas, and made us dependent on oil from places like the Middle East.
Do you know whether she is right or not? If you really want to know my opinion then let me break down the facts with some Mthematics. US uses worlds 25% of current production. And how much is work producing from its reserves? World has around 70yrs of Oil reserves. So US has 2.1 yrs of total world consumption.So US has around 8.4 yrs of its consumption. Add to it the Natural Gas reserves we have. We have around amother 25 yrs of energy if explored. That gives us around 30 years to get rid of our oil habit. But the problem is that the crisis has been politicised. The reason is that people dont have the courage to live up to it. And anytime a country lives up to its government to work for it, we get the most corrupt and incompetent government. See, if your question was about american energy independence, it was a real good debate but this is no more about that but it is rather a politican debate on your thoughts. Since you must be a democrat, you would see it from an angle which links the problem to politicians from republican party and if you were a republican you would have blamed democrats for not allowing us to drill. The fact is that we do have enough reserves to help us get out of it but the reserves in itself are not sufficient solution of energy.
I think she was trying to avoid the fact that the United States is setting quarterly RECORDS on the amount of oil and gas that we EXPORT to the rest of the world.





Being Governor of an oil-exporting State she would probably know this.





However, it doesn't make for a very good talking point when you're pushing for more drilling.





This is also what she may have been trying to avoid when she rambled on about ';fungible molecules'; at a campaign stop the other day.





';...the Energy Department released data this week showing that U.S. exports of finished petroleum products, including gasoline, diesel fuel and jet fuel, soared to 1.592 million barrels per day in May...';
What I wonder is why liberals blame U.S oil for price gouging, manipulating the market. NOW all of a sudden admit it is a global market, supply and demand on the world market dictates the price, not Exxon-Mobil because they only control 3% of the market. Talk about spin!
neither. Of course Obama wants us to keep importing everything so his oil rich Muslim friends can hold us hostage.






Just because MSNBC said 3%, don't believe it. Try to do a little research opn your own.
  • makeup ideas
  • Why do US oil giants only drill on 25% of the 44 million acres on which they hold oil-gas leases & permits?

    It's asinine for right wing media to scream for oil drilling in Anwar when the oil companies refuse to explore 75% of the oil resources they already possess.Why do US oil giants only drill on 25% of the 44 million acres on which they hold oil-gas leases %26amp; permits?
    i dont know why they dont, but in the western usa we own more oil than saudi arabia and all of those other guys combined... and yet we buy from them and our oil prices are rising...Why do US oil giants only drill on 25% of the 44 million acres on which they hold oil-gas leases %26amp; permits?
    Why do people who are stranded ration their food instead of eating it all at once?
    lol what he said

    Friday, July 30, 2010

    Should I put oil on the metal I am going to drill through?

    I am going to drill through a thinnish piece of metal and I was wondering if putting oil on it will prevent the drill bit from warping or overheating? or at least prevent it happening so quickly?Should I put oil on the metal I am going to drill through?
    If the metal is thin you don't need the oil. Make sure to use a center punch first before drilling. This will keep your drill bit from sliding. If you don't have a center punch use a nail to make a starter mark.





    For drilling through heavier pieces of metal I would recommend using oil. The oil cuts down on friction and helps to produce less heat, and prevents the bit from becoming dull to quick.Should I put oil on the metal I am going to drill through?
    On thin metal the drill bit will warp it if you push to hard. support the metal underneath with wood and drill. Oil on it just lubricates the bit it won't hurt. You can change the shape of the drill bit end to cup it but you need to know how to do this so the drill bit end looks like a crossection of a spade drill for wood. This way it cuts from the outside in. If you do it right it will leave a curcular slug with no burr.
    If you are going to drill a hole thru thin steel, it is up to you if you use oil. It really won't make much difference. Your biggest problem if you are drilling a hole 1/4 inch or larger will be holding the work stock. Drill your hole first using a smaller size drill and step up in at least 1/8 inch increments to get a nice hole. Test on a scrap piece of metal first if you have not done this before.
    Nooo it'll make the drill slip and could cause an accident!

    Do people/hippies know that the federal government cannot tell oil companies what to do or where to drill?

    If they don't drill on the on-shore leases they will lose them. And they could drill those kinds of wells all day long and make money but not impact supply at all. They're small wells that would payout over years. We (the consumer) and they (oil companies) want a big find where they make tons of money and we can buy tons of oil and gasoline. Don't you hippies get it?Do people/hippies know that the federal government cannot tell oil companies what to do or where to drill?
    Wow! What are you doing wasting your time on Yahoo Answers?! The big oil companies need a brilliant legal mind like yours to tell them to go ahead and drill!





    Go go go!! The fate of the gasoline buying nation is in your hands!Do people/hippies know that the federal government cannot tell oil companies what to do or where to drill?
    Umm.. Actually they can.


    There is a federal law against drilling on most lands... Enacted by congress in 1981. There is a small portion of these lands that they CAN drill on, but the rest is off limits.





    Also. If there was oil on those lands, why doesn't the big bad greedy oil companies harvest and sell it? Sort of takes some wind out of the Liberal sails, doesn't it?
    No just like most people don't get that devloping nations (ie China) are gobbling up all of the natural resources they can and driving prices through the roof. Basic supply/demand concepts...yet somehow it's George Bush fault and he's the only one getting rich off of it.





    Let's forget that the per-capita worth of nations such as Dubai is like $10 mil.





    Who is J. Galt?
    They made a big find at Thompson Point Alaska, in 77 and have been sitting on that lease ever since.





    It is right next to ANWR.





    They found the oil, they have the lease and they have the permits to drill.





    What exactly is their excuse?
    Go read some Ayn Rand @sshole





    I hate phucks like you, you elitist bas tard





    OIL is finite, real simple, but you self loving phucks who give a sh!t about my kids future could give a phuck


    Oil is not our future





    Let's meet I'd love to show you a thing or two
    Actually, the government can tell them when and where to drill. It's called permits, licenses, and environmental laws. Don't you understand that?
    This consumer doesn't mind the oil companies making money, but they could take less profit to help the struggling country before everything but them, health care and food goes out of business. Don't you capitalists get it?
    Actually they can set up protected lands which the oil companies cannot drill on. That is why they have to lease land from the government to drill offshore. Do you get it?
    Oh, another one is trying to defend the federal government. Give it up. You're on the wrong side.





    Do you honestly think they care about you?
    That's right...they don't.





    They tell our government where they want to drill, etc.
    Did a hippie do harm to you? Seems like you have an obsession going on.
    no i dont get it and if you got all the answers then do something about it.
    Only a 1/4 of the land that is leased has oil on it and not enough to make drilling profitable. I own land that was leased in the '70's. It was never drilled because there wasn't any oil on it! I'll never understand why the dems in congress don't understand that the oil companies need to drill where the oil is. They know it's offshore, anwr, and around the Rockies.





    Thompson Point Alaska wasn't drilled when gas prices were low due to geographical considerations and then became tied up in court.





    Nan Thompson, of the state Division of Oil and Gas, told lawmakers an Anchorage Superior Court judge is expected to rule on the Point Thomson case by the end of the year.





    That likely will spawn a state Supreme Court appeal, which could take two more years.





    It's not about drilling OR alternative energy (as some seem to think). It's about drilling while WAITING on alternative energy. No options for reducing oil prices and our dependence on oil should be off the table. The only ones I see trying to do that are dems by not lifting the ban on drilling.