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Does this make sense?

posted 6/8/2008 6:49:27 PM |
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  buatbu

Last week I read the world is using 87 million barrels of oil a day. The world is producing 85 million barrels a day. So the world is two million barrels short.

According to our Federal Laws (Don't you just love Congress?) we can not drill for oil closer then 200 (maybe 250) miles from our coast.

Cuba is 90 miles south of Florida, and Cuba is allowing China and India to drill for oil off its shore between Cuba and Florida. They are also using a technique called "slant drinlling" so they can drill North towards Florida.

With gas prices the way they are, I would like that oil coming to the U.S. and not China or India. Am I wrong and selfish?

And before you people say "GET NEW TYPES OF ENERGY", go back and read the first sentence. How many solar panels and wind mills will it take to replace 87 million barrels of oil a day?

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Comments:

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clickedanad2

Jun 8 @ 7:01PM  
maybe
if we'd "normalize" relations with Cuba
you know - make nice
then they'd allow US companies to drill
rather than Chinese and Indian
and then
them Texas Oil Boyz
G.W. and his buds
could bleed us drier than they already have

it's not the cost of oil and refining it that's killin' us
and the rest of the planet
it's the cost per barrel
on the open friggin' market
somehow - that has to be eliminated
or at least held in check
and the emphasis would be on
"somehow"

that's all I got for today
two cents
NYS_Vacation

Jun 8 @ 7:37PM  
Thr Government Mafia defrauds everyone. They have been saying for years that the consumer price ibdex has been going down.They have been fudging the numbers sll along.
1bunny629

Jun 8 @ 7:49PM  
when you have to ask why, or does this make sense...then you know something is wrong.
Detach

Jun 8 @ 8:39PM  
I've never heard of this law. I only live maybe 24 miles from the shore and I see oil pumps everywhere here. Not only that, but I have a friend who works on off shore oil platforms, mostly out in the Gulf of Mexico. If you are worried about Cuba, India and China taking oil that may very well be within our shores, I think you can relax.
Irridum

Jun 8 @ 11:48PM  
We do use way to much oil & need alternatives but the big problem right now is Investors driving up the prices by trading so heavly in the futures market. Greed is destroying the planet faster than all the polution & waste combined.

To answer your question
How many solar panels and wind mills will it take to replace 87 million barrels of oil a day
More than we have the global capicity or resources to manufacture.

In a report, which was produced at the request of Congress, the U.S. Department of Interior's Bureau of Land Management (BLM), said there are 279 million acres under federal management where oil and gas could potentially could be extracted.

More than half of it is totally off-limits to drillers.

"The total onshore resource is 31 billion barrels," said BLM's lead scientist Richard Watson, who authored the report. "Of that, 19 billion barrels are currently inaccessible or 62 percent. A little over 2 billion barrels, or 8 percent, is accessible under what we call standard lease terms."

If you add in the 85.9 billion barrels of oil that lie offshore, as determined by the Interior Department's Minerals Management Service, there are 117 billion barrels of oil on lands owned or managed by the U.S. government.

But all expansion of offshore oil recovery is currently off-limits.

Adding in what's available on privately held land, the figure rises to 139 billion barrels of oil, according to the government - more than the known oil reserves of Iran, Iraq, Russia, Nigeria or Venezuela, respectively.
j3411

Jun 9 @ 6:43PM  
Can your Car, RIDE A BIKE. Do something good for your heart.

Price of Reg Gas= 4.00 + depending on where you live. Mileage per gallon ((depending on what you drive) 11 = 40


Price of a Burrito = couple of bucks ( depending on extras and where you live)

Pedaled miles per Burrito = 53 ( depending on how hard you ride and how many times you fart.

Cry about high oil prices all you want. The new players in the market are what is helping set the price. We ain't the big dogs no more.

Miles I've riden my bike so far this year 1170. My car gets 33 miles in the city. Money I've saved so far..... 142 bucks. That's allot of Burritos !
Irridum

Jun 9 @ 8:14PM  
Pedaled miles per Burrito = 53 ( depending on how hard you ride and how many times you fart.

I prefer a big bowl of pinto beans & onions. The FPF ( Flatulance Propulsion Factor) is higher giving a few more miles per bean than burrito's

Seriously I run everything but my A/C & refrigerator on solar & wind power & I cook using a stove that uses homemade biodiesel made from used cooking oil. I walk, ride my bike or motorcycle everywhere possible & I am not sure at the current rate that a highly supported national movement for everyone to do the same would help the current situation.

I got curious last night after seeing the neighbor fill his truck up and looked at the price of bicycles at WalMart. Several of the very nice new bikes cost less than a fill up. Even in rural areas a bike for short trips would be a good investment for anyone that is able to ride one.

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Does this make sense?