quote name='MADGestic' timestamp='1334975605' post='684934352'Yeah I suppose that's an "answer" albeit it just raises more questions (and a desire for some citations).
No it actually doesn't, it only does for you because you won't accept facts.
How is the EPA "dictatorial" now? Was the EPA (which was created at least a couple of decades ago) "dictatorial" during prior administrations? What makes "Obama's" EPA different?
Don't you keep up with what's going on? With regards to refineries they're being hammered by new 'global warmiong' EPA regulations. And up in Alaskan waters an oil project was put on hold because, wait for it. Emissions hadn't been calculated for a boat which would be operating. And I've already explained to you the difference between leases and drilling permits.
Yes, of course "green" technology is new(ish) and therefore expensive but what has that got to do with the global oil market? The fact that new technology is expensive only highlights the profitability of old technology. Last time I checked, fossil fuel producers were still raking in enormous profits (due in part to massive tax breaks at the federal level). Oh wait, I get it… since more folks are driving hybrids the oil concerns must jack up prices to make up for lost revenue… something like that?
As far as Obama and the EPA is concerned 'green' has everything to do with it. They want everything green at the expense of natural fuels. I use the term natural because drillable oil isn't only a fossil fuel, just so you know.
Please provide citations for "more oil reserves than Saudi Arabia"… that is highly counterintuitive especially since Middle Eastern reserves are still relatively sweet and easy to access.
No, I'm not going to waste my time pandering to your ignorance. But here's a clue, Obama himself stated there are more natural gas reserves in the United States than the Middle East. Work out what that means with regards to oil reserves here, with your great charisma.
The Deepwater Horizon disaster was indeed an eye-opening tragedy which emphasized the still extant cowboy culture of drill early and often; but when "drill, baby, drill" became "spill, baby, spill", I think many reasonable folks realized that "drill at all costs" shouldn't include our food supply and the lost lives of loved ones. I may be a capitalist but that doesn't necessarily mean that I'm cruel, uncaring, and immune to enlightenment.
It wasn't an eye-opening tragedy at all, it's happened before elsewhere. Also, the Obama administration made it worse by not following proper procedures after it happened. The oil didn't need to reach the shore.
And do you really think that the rigs went "elsewhere"? Do you know what it costs to move one of those things? It's like moving an office tower… on water! They didn't move; they're still out there; hundreds of rigs, many of which are abandoned rusting hulks.
I don't "think" they went elsewhere, I know for a fact some went elsewhere and not just a couple either. A rig is like an aircraft, it can only make money and profits when operating.
I am well aware of the overabundance of coal and natural gas supplies; in another thread I referred to their market prices as being in "a race to the bottom". But this thread is not about energy prices; we're talking retail gasoline prices. I'm happy to help you vent your ire but now it's time to focus.
It still shows what the EPA is up to, there's no reason to stop either coal production or coal fueled power plants. But of course you neglect to take this into consideration.
Yeah, sure, I'm not arguing that… especially since it has nothing to do with retail gasoline prices!
It's all part of the same picture.
See above re: "[N]othing to do with retail gasoline prices!" Clearly you want to rail against President Obama; go right ahead, that doesn't bother me. I was just wondering how much influence the POTUS has on retail prices; and, so far, I don't feel that I've received much compelling information.
Of course you don't, because your commentary shows youre a pro-Obama, greenie global warming supporter. You're willing to ignore what he's doing to the economy with regards to both oil and all energy costs. Even though I've adequately laid it all out for you.
No wonder I don't waste my time proving things via links for the likes of you, I could but you aren't worth my time.
This post has been edited by pict: 21 April 2012 - 01:35 PM