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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?


To: Brumar89 who wrote (292)6/12/2008 2:34:29 PM
From: miraje  Respond to of 86355
 
At present, it is charitable to call Mr. McCain's energy ideas incoherent, and it may cost him the election.

It will serve him right if it does. He's clueless on this issue.

If the GOP is smart enough to channel the pain and anger the public is feeling over energy prices (and resulting inflation) through explaining loud and clear where the problem lies, they could backfire the Dems and greenies a hard one, right where it hurts.

They need to get the message out, clearly and forcefully (and circumventing the greenie/Dem dominated MSM), because it is not only a winning message, but has become the most important issue to a majority of the populace..



To: Brumar89 who wrote (292)6/12/2008 2:41:15 PM
From: Road Walker  Read Replies (3) | Respond to of 86355
 
Amid $135 oil, it ought to be an easy, bipartisan victory to lift the political restrictions on energy exploration and production.

A couple of points:

*Total US proven oil reserves are something close to 20 billion barrels. The US uses 7.5 billion barrels a year. Even if all the proven reserves could be produced all immediately at the same time, it wouldn't be a solution to the problem (and of course they can't).

*There are literally thousands of approved leases and the oil companies are doing nothing. In 2006 the new compromise regarding the GOM opened 84,000 prime acres in the GOM to exploration; the oil companies have done nothing.

We can open ANWAR, we can allow drilling to with 50 miles, but that doesn't mean the oil companies are going to invest in drilling for hard to get oil. It seems like they like their current business model of importing oil... it's certainly isn't hurting their profits.

Bottom line is that the US cannot drill it's way out of this mess. The oil just isn't there. The low hanging fruit is improving oil efficiency.