siftbotsays...

Self promoting this video and sending it back into the queue for one more try; last queued Sunday, June 6th, 2010 2:39am PDT - promote requested by original submitter dystopianfuturetoday.

quantumushroomsays...

"Here's my question: Why are we drilling in 5,000 feet of water in the first place?

Many reasons, but this one goes unmentioned: Environmental chic has driven us out there. As production from the shallower Gulf of Mexico wells declines, we go deep (1,000 feet and more) and ultra deep (5,000 feet and more), in part because environmentalists have succeeded in rendering the Pacific and nearly all the Atlantic coast off-limits to oil production. (President Obama's tentative, selective opening of some Atlantic and offshore Alaska sites is now dead.) And of course, in the safest of all places, on land, we've had a 30-year ban on drilling in the Arctic National Wildlife Refuge...."

http://tinyurl.com/3afklpq

--Charles Krauthammer

Lawdeedawsays...

>> ^Chinspinigcra:
@RetardedLeftWingerAKAVideosifter
Hey Obama, how's that drill baby drill thing working out for ya?
http://www.youtube.com/watch?v=mA7RAfHN-wo


You beat me to the punch. However, this is not a left versus right issue. 90% of the sifters will bite Obama for his GOP-ish actions in reference to his plans for oil and his drill baby drill mantra that could eradicate Lousa and Flardy. But see, the problem is that that would never happen on the right. It might be "God's will..."

See, the left critizes itself, which is its major negative. Heck, if it isn't a child molestor, the right don't care to hear of its misdeeds.

Lawdeedawsays...

>> ^quantumushroom:
"Here's my question: Why are we drilling in 5,000 feet of water in the first place?
Many reasons, but this one goes unmentioned: Environmental chic has driven us out there. As production from the shallower Gulf of Mexico wells declines, we go deep (1,000 feet and more) and ultra deep (5,000 feet and more), in part because environmentalists have succeeded in rendering the Pacific and nearly all the Atlantic coast off-limits to oil production. (President Obama's tentative, selective opening of some Atlantic and offshore Alaska sites is now dead.) And of course, in the safest of all places, on land, we've had a 30-year ban on drilling in the Arctic National Wildlife Refuge...."
http://tinyurl.com/3afklpq
--Charles Krauthammer


QM just wants the most negative votes ever on the Video Sift site. That is an accomplishment I reckon.

Why are oil thiefs out 5000 feet? For greed.

Ryjkyjsays...

>> ^quantumushroom:

"Here's my question: Why are we drilling in 5,000 feet of water in the first place?
Many reasons, but this one goes unmentioned: Environmental chic has driven us out there. As production from the shallower Gulf of Mexico wells declines, we go deep (1,000 feet and more) and ultra deep (5,000 feet and more), in part because environmentalists have succeeded in rendering the Pacific and nearly all the Atlantic coast off-limits to oil production. (President Obama's tentative, selective opening of some Atlantic and offshore Alaska sites is now dead.) And of course, in the safest of all places, on land, we've had a 30-year ban on drilling in the Arctic National Wildlife Refuge...."
http://tinyurl.com/3afklpq
--Charles Krauthammer


I tried to rape her from the front but she said no. It's her own fault I had to rape her from behind.

quantumushroomsays...

There are no solutions in life, only trade-offs.

Foreign dependency on oil must still be curbed, your "Smart" cars still need gasoline and there are still 1,001 products that need oil to be manufactured.

What happened to your messiah and "Yes We Can"?

gwiz665says...

You boys seem to forget who actually said drill baby drill http://en.wikipedia.org/wiki/Drill,_baby,_drill
You can't just retcon history and pretend it was Obama that said it.

>> ^Lawdeedaw:

>> ^Chinspinigcra:
@RetardedLeftWingerAKAVideosifter
Hey Obama, how's that drill baby drill thing working out for ya?
http://www.youtube.com/watch?v=mA7RAfHN-wo

You beat me to the punch. However, this is not a left versus right issue. 90% of the sifters will bite Obama for his GOP-ish actions in reference to his plans for oil and his drill baby drill mantra that could eradicate Lousa and Flardy. But see, the problem is that that would never happen on the right. It might be "God's will..."
See, the left critizes itself, which is its major negative. Heck, if it isn't a child molestor, the right don't care to hear of its misdeeds.

direpicklesays...

>> ^blankfist:

It's not the "drill" part that bothers me. It's the "spill". Face it, we need oil for energy. I wish we didn't but we do.


American oil production capacity is puny. It gets sold on the world market and any increase from opening every protected part of the US to drilling would have a negligible percentile increase in total world-wide oil production. It makes people wealthy, but it doesn't make us any more energy independent.

quantumushroomsays...

Obama halts deepwater oil drilling amid US soul-searching

By Chris Cermak May 28, 2010, 15:12 GMT

Washington - US President Barack Obama has taken a series of aggressive steps to limit drilling off coastlines as the US begins a period of deep soul-searching over the merits and risks of offshore drilling.

Obama on Thursday halted for at least six months exploratory oil drilling in deep waters off the Gulf of Mexico, the most significant long-term step yet in response to the massive oil spill off the southern US coastline.



Here's a big surprise. The media-shielded marxist orders a halt to a legal and vital capitalist enterprise.

oDumbo is a dictator already. Let's hope His Lowness doesn't put a moratorium on the November elections.

Truckchasesays...

>> ^quantumushroom:

There are no solutions in life, only trade-offs.
Foreign dependency on oil must still be curbed, your "Smart" cars still need gasoline and there are still 1,001 products that need oil to be manufactured.
What happened to your messiah and "Yes We Can"?


QM, this is where you are seriously wrong bud; why assume that it has to be "us or them"? Why not work towards a system with real options? We can make real trade-off decisions at that point as opposed to taking these crazy "drill baby drill" type stands.

Lawdeedawsays...

No, I have not forgot who said the slogan, but thanks for the incorrect assumption. Yes, Obama never said Drill baby drill. But that is his practice heart and soul. Offshore ban? Obama smash. So yeah, Obama + oil = Drill...baby, drill.

I never tried to rewrite anything, just pointing out hypocrisy when I see it.

>> ^gwiz665:
You boys seem to forget who actually said drill baby drill http://en.wikipedia.org/wiki/Drill,_baby,_drill
You can't just retcon history and pretend it was Obama that said it.
>> ^Lawdeedaw:
>> ^Chinspinigcra:
@RetardedLeftWingerAKAVideosifter
Hey Obama, how's that drill baby drill thing working out for ya?
http://www.youtube.com/watch?v=mA7RAfHN-wo

You beat me to the punch. However, this is not a left versus right issue. 90% of the sifters will bite Obama for his GOP-ish actions in reference to his plans for oil and his drill baby drill mantra that could eradicate Lousa and Flardy. But see, the problem is that that would never happen on the right. It might be "God's will..."
See, the left critizes itself, which is its major negative. Heck, if it isn't a child molestor, the right don't care to hear of its misdeeds.


nanrodsays...

Direpickle has a point. There are 2 issues here, price of oil and oil products and self-sufficiency. In 2006 the US produced 8 million barrels a day while consuming 21 million. Self sufficiency would require a 250% increase in production and the US just doesn't have the reserves to accomplish that. In terms of price any reasonable increase (or even pie in the sky increase) in US production will be more than offset by increased demand in China and India and since the price of oil and hence gasoline IS determined on a world market the only direction price is going in the long term is up.

The only hope for ending dependence on foreign oil is to end dependence on oil, probably by fast tracking development of liquid fluoride thorium reactors since other alternatives won't cut it and few of us seem to want to do without our energy consuming lifestyles.>> ^blankfist:

Do you mind citing?

direpicklesays...

>> ^blankfist:

Do you mind citing?


I did some figurin' using ANWR's numbers, back when the Right was making a big stink about it, since it's the favorite one to get trotted out. At peak output (which it wouldn't reach for more than a decade if we opened it now), it would account for less than a million barrels a day -- ~0.5 to 1.0% of total global oil production (which is ~85 million barrels a day) and <5% of (current) US oil consumption (~20 million barrels a day).

If it were possible to exhume all of ANWR's estimated oil (7 billion barrels) in one go, it would last the United States one year.

So that's just ANWR--but what about all of the other off-limits places? Here's the EIA's report. In short: If the outer continental shelf were opened now, nothing much would change through 2030. There's an estimated (undiscovered) total of 50 billion barrels of oil that are currently off limits to drilling. Total US production would be 1.6% higher than the reference (no OCS drilling) projection for 2017-2030, and 3% in 2030. Finally,

Although a significant volume of undiscovered, technically recoverable oil and natural gas resources is added in the OCS access case, conversion of those resources to production would require both time and money. In addition, the average field size in the Pacific and Atlantic regions tends to be smaller than the average in the Gulf of Mexico, implying that a significant portion of the additional resource would not be economically attractive to develop at the reference case prices.


More numbers: In 2008 the entire world produced ~26 billion barrels of oil and the US produced about 1.8 billion--which will stay essentially flat through 2030 even if we opened ANWR and the OCS to drilling.

The US's total proven oil reserves are about 21 billion barrels--maybe a total of ~120 if you go with estimated undiscovered oil--compared to 1200 billion (proven) for the entire world.

Sorry for some inconsistent numbers: Figures are from 2007, 2008, and 2009, so there are some inconsistencies there. I think I properly kept barrels per day lumped together and barrels per year lumped together.

But anyway: The US has a total of less than two percent of the world's proven oil reserves. We currently produce around 5-6% of oil. Oil is a commodity and gets sold on the world market; more than a fifth of US oil is exported even while we're using 4x as much as we produce. Opening protected areas to drilling would have a marginal impact on total US oil production and an even more marginal impact on world oil production.

Oil reserves.
ANWR oil reserves. Sorry for Wikipedia links--you can follow their citations.

Edit: I used this page too.

TheFreaksays...

It's worth noting that US oil and gas companies already have drilling rights to far more than they can currently produce.

This has never been an issue of needing more land for active production. The bottom line is that grabbing and holding more oil and gas rights increases the value of these companies. Opening up more land for petro leasing does nothing more than increase the net worth of the companies that hold the rights.

The politicians who talk about energy independance and the need for more domestic production are acting as corporatist shills for the oil industry whose primary goal is to increase the value of their companies on paper.

gwiz665says...

@Lawdeedaw Heart and soul not mentioned, but you did say that it was his mantra - which it was not.

You are totally correct about the left criticizing itself though - that's why the American right really has a chance. The power of saying something with one voice, even chanting it, in a droning, religious way is a powerful tool of control and the GOP wields it well, unlike the democrats.

>> ^Lawdeedaw:
You beat me to the punch. However, this is not a left versus right issue. 90% of the sifters will bite Obama for his GOP-ish actions in reference to his plans for oil and his drill baby drill mantra that could eradicate Lousa and Flardy. But see, the problem is that that would never happen on the right. It might be "God's will..."
See, the left critizes itself, which is its major negative. Heck, if it isn't a child molestor, the right don't care to hear of its misdeeds.

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