ROFL Are you serious? Against the British Navy?

LimeyGeek on July 17, 2008 at 11:12 AM

The British Navy ain’t what it used to be.

They can’t shut up, because if they forced themselves to pay attention to something outside their bubble, their heads would implode.

When the MSM is finally forced to admit that Bush’s actions have resulted in lower oil prices (supply & demand), be prepared for meltdowns on CNN and MSNBC.

I doubt we’ll get rid of Pelosi, but if she keeps it up she could lose her majority status.

Keepin’ those Alaskan pipelines full, while protecting the environment. That’s a win-win. Aside from the prospect of expanding domestic oil supplies, the new production would help alleviate worries about the viability of the Alaska pipeline system. T…

cs89 on July 17, 2008 at 6:01 PM

Sadly, I’m of the opinion that Pelosi would use any large drop in oil price to justify doing nothing, saying, “See, there’s no need to drill, the price is dropping all on its own.”

Also, color me ignorant, but I don’t understand why, if the President can release the leases to this Alaskan land, what role the Congress would play? Why are we worrying about Miz Nancy at all?

MrLynn on July 17, 2008 at 5:30 PM

I’ve got a hunch this is an action the President knew he could take unilaterally, and he’s forging ahead. It will also increase pressure on Congress for the actions they will have to participate in- He dropped the Executive ban on OCS, but Congress has a ban in place as well that they will have to act on to open it up. Similar situation with needed Congress’ participation on ANWR.

If he can get the “big Mo” with opening up what he can, the “Drill here, drill now” petition, etc. it’ll be harder for the Dems in Congress to oppose further action- especially if oil prices keep dropping.

Even Nancy can’t completely refuse to cooperate if continued news stories talk about oil dropping below $130, then if it goes under $120, etc.

If we can get someone in the media to talk about Bush’s actions in the same sentence with a drop in gas prices, if and when that happens, it’ll also help. I’m not too optimistic about that one, though.

Ed: Can you answer my last question? Thanks.

The NPR is a pipe dream. This is a scheme by BLM to give the land back to USGS because BLM doesn’t want to expend any more resources on it.

lonesomecharlie on July 17, 2008 at 12:32 PM

Can one of the other oil guys on this board comment on Lonesomecharlie’s dour prognostication? We need some more expertise here!

Also, color me ignorant, but I don’t understand why, if the President can release the leases to this Alaskan land, what role the Congress would play? Why are we worrying about Miz Nancy at all?

Yep. Drudge linked a story earlier today by the AP that oil dropped for 3 days straight. Of course, there was no mention in the article of Bush’s actions toward increasing supply as a reason for the price decrease.

I’m not an expert on the oil industry, but I will be very surprised if oil stays over $100/barrel if we can get a few of these actions pushed through. Don’t know if we will see $40/barrel again, but $75/barrel and $2.50 gas will seem like a bargain if we can get there again in the next couple of years.

Now you’re adding further complications into the mix – ‘war’ or other similar conflict placing greater risk on resource supplies. These are strategic decisions that should be planned for, of course, but they are not what we’re talking about right now.

Economically, oil is fungible, so whatever we add to the supply can be drawn down at any point in the global economy. There are certain price advantages to our own supply though – namely that a domestic supply will incur lower logistical costs – but this doesn’t preclude selling it to the highest bidder, as there will be other stock not being used that is available at a discount.

However, I expect that it would be advantageous to use domestic oil for our national market, which will push some slack into the world market, causing prices to fall for everyone.

How hard, for example, would it be for France to seize the North Sea platforms?

ROFL Are you serious? Against the British Navy?

LimeyGeek on July 17, 2008 at 11:12 AM
—-

Limey,

Umm, don’t know if you’ve noticed, but there *is* a war on. Been on for a while now.

As for grabbing the North Sea platforms, I think you’ve answered my point, though I’m not clear that you’ve grasped it. The point being, it’s your backyard, you control it. Iraq is not my backyard, neither is Iran. If anyones’, they’re China or India’s yard… See what I mean?

Mew

Sorry, had to update it a bit with the Modern Democrat worldview…

Romeo13 on July 17, 2008 at 12:17 PM

Not at all. Update for accuracy acknowledged.

So long as those people ride busses and take cabs, they’ll gladly stick it to the rest of us moral degenerates.

njcommuter on July 17, 2008 at 2:12 PM

Unaffordable gas will give the left a major victory on a number of levels. It could virtually mandate mass transit and car-pooling. And as you say, coastal urban liberals will be sticking it to the rest of us in Middle America.

Sure, the Dems will block as much as they can. But I think even the Stalinists are sensing the danger in bucking voter sentiment so strong as the 70% who favor drilling.

Drill here, drill now, pay less.

I don’t have a solution. I suppose if enough conservatives find a way to quietly move to SF, perhaps moving in as college students looking for work, they might be able to overthrow her. But I doubt it.

A better chance is an ethics scandal so juicy that even the MSM can’t ignore it, and one that would force Pelosi to step down as Speaker. Anyone want to set up a honeypot? Maybe catch her engaged in some business deal with (gasp) Conservatives?

WastelandMan on July 17, 2008 at 1:11 PM

Then why not start it Waste? get other Bloggers to join? Then find someone who is “free” and willing to do a small effective website for the movement?

It has to start somewhere!

$15 per barrel in 3 days. Simply stupefying, since it’s been made so plain to us that measures like these won’t yield price reductions until at least 2017.

I wonder if this instantaneous market reaction has anything to do with those evil speculator…

“The drive to drill is like an obese man saying he is going to lose weight by eating more,” said Dan Weiss, director of climate strategy at the Center for American Progress, a research group in Washington.
No, the drive to drill is like an …

This does not however excuse the crappy way republicans were acting when they were in the majority!!!!!!! They need to shape up too!

-Wasteland Man.

-Wasteland Man.