Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (627236)	9/7/2011 2:23:05 PM
From: steve harris	2 Recommendations Respond to of 1583879

One problem with your chart ted, it doesn't include Czar Salazar's drilling moratorium in the Gulf. Economics which socialists don't understand, explains why EPA remains the problem. I'll give you a hint, gulf crude is a whole hell of a lot cheaper than building a pipeline to Canada and shipping the crude to Texas, especially crude that was obtained by more expensive methods.

To: tejek who wrote (627236)	9/8/2011 11:39:05 AM
From: Alighieri	Read Replies (1) \| Respond to of 1583879

Bottom-scraping natural gas prices have also prodded energy companies to shift their focus to oil. But in any case, Obama doesn’t appear to have thwarted the boom in oil production. Over at Climate Progress, Joe Romm puts together his own chart, using data from the Energy Information Administration, showing that U.S. field production of crude oil is up significantly since 2008. As a result, oil imports have shrunk 11 percent in the past year. The United States is becoming more energy independent. But here’s the kicker — gas prices are still significantly higher this year than they were in 2010. It’s almost as if additional U.S. oil production is too small in the global scheme of things to affect prices at the pump in any sizeable way. (Though one could argue that extra production is keeping oil prices from going even higher than they otherwise would.) What I don't understand is why obama's people are not out there tooting their horns about this stuff....do you remember bush's staff spreading the "gospel" ? These guys at the white house must think that the average american is actually paying attention... Al