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 : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lokness who wrote (9607)	2/17/2012 3:35:26 PM
From: Wharf Rat	Read Replies (1) \| Respond to of 85487

"What ever happened to our progressive forward thinking as a country?" Ronald Reagan

To: Steve Lokness who wrote (9607)	2/17/2012 3:37:45 PM
From: d[-_-]b	3 Recommendations Respond to of 85487

But it is still oil that feeds our habit of more and more and more oil at a time there is less and less and less oil. Completely absurd - Canada and the USA are finding more and more oil that can be extracted every day. What's crazy is to not develop our resources and stop sending money overseas or ship oil on the seas. Even Dumbo himself says he wants us to be Brazil's biggest customer but he won't buy from our dear friend to the north? The easy stuff has mostly been gotten You are ignoring the leaps in technology that have made our reserves climb faster than ever.

To: Steve Lokness who wrote (9607)	2/17/2012 4:48:21 PM
From: Bearcatbob	4 Recommendations Read Replies (1) \| Respond to of 85487

Steve, This reply is serious and not simply a tit for tat joust with your confused ideologies - Obama and Paul simply do not go together. They Keystone pipeline will provide oil to the gulf coast from both Canada and North Dakota. Any concept that the Keystone pipeline delays the conversion to a "green energy" - whatever that is for transportation - is simply wrong. We import circa 8 million bbls per day - many from some very unfriendly and unstable places. It is not an either Keystone or green energy issue - it is simply where the imported oil comes from. I hope you understand that - the fools in NYTs seem not to. If the time comes and the middle east blows up - and Canadian oil is going to China - and not here. I hope you will come on the board and tell us how sorry you are for all of the unemployed - the masses you guys purport to care about - and the long gasoline lines. To me this is black and white clear. It is not an either or issue. It is a security of the supply that WILL be needed for the long foreseeable future. Is there anything in the above you do not understand? Oh yes - green energy is about electricity - not transportation - unless you want to starve the world so we can burn food for fuel. Bob

To: Steve Lokness who wrote (9607)	2/17/2012 6:16:11 PM
From: TimF	1 Recommendation Respond to of 85487

But it is still oil that feeds our habit Not so much as habit as economically rational behavior. The whole addiction metaphor is rather faulty. Oil is beneficial not like a harmful drug. Might as well say your addicted to food. at a time there is less and less and less oil. Not yet if you mean production. If you mean whats in the ground well yes if you pump out some there is less left, but there isn't any good sign that we are about to "run out" (in quotes since of course we will never really run out, but eventually production can decrease and/or cost increase to the point where oil is no longer a competitive energy solution).