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progunr · Jul 17, 2008, 01:19 PM

Since President Bush lifted the ban on off shore drilling.

The price of a barrel has fallen by $14.00, in those three days.

You still believe that starting to obtain our own oil will have NO immediate effect on the price?

I say the proof speaks much louder than those who differ on this opinion.

George_1950 · Jul 17, 2008, 01:25 PM

Hard to say because Congress is considering (more?) regulation of speculators in the market, and Bush is allowing a state department secretary to discuss nuclear issues with Iran. Maybe other issues as well. Cause and effect is sometimes uncertain. But we know BO didn't do it.

progunr · Jul 17, 2008, 01:27 PM

Yes, perhaps, but were not those issues present on the horizon prior to the lifting of the ban?

Did any of those issues JUST come to light in the past three days?

George_1950 · Jul 17, 2008, 01:31 PM

Talks with Iran... yes

Choux · Jul 17, 2008, 01:33 PM

You don't know how to think clearly, pro.

Just because two events happen very close to each other in time does *not mean* they have any connection to each other.

An individual has to study and understand, in this case, everything that is going on with Big Oil.

progunr · Jul 17, 2008, 01:35 PM

OK.

Lifting of the ban, or the "promise" of plans to have a State Department Secretary talk with Iran.

I'll still lean towards the lifting of the ban as a more likely cause for such a dramatic drop in such a short period.

We do agree 100% that Obama had NOTHING to do with it.

George_1950 · Jul 17, 2008, 01:38 PM

Originally Posted by progunr

OK.
...
We do agree 100% that Obama had NOTHING to do with it.

Obama hasn't had much to do with anything except deep-sixing Hillary. Don't know that that was much of an accomplishment, other than a win is a win, as they say.

progunr · Jul 17, 2008, 01:39 PM

Originally Posted by Choux

You don't know how to think clearly, pro.

Just because two events happen very close to each other in time does *not mean* they have any connection to each other.

An individual has to study and understand, in this case, everything that is going on with Big Oil.

It is very amusing the way you argue.

Lets try your method.

Because two events happen very close to each other in time does not mean that it is nothing more than a coincidence.

The "possibility" that one event has an effect on the other is a very real one.

Choux · Jul 17, 2008, 01:59 PM

Man, you're hopeless in the logical thinking department!

Galveston1 · Jul 17, 2008, 03:33 PM

Anything that scares speculators is going to cause some drop in prices. Most of these people are hair-trigger nervous. I would be too if I had as much riding on it as they do.

purplewings · Jul 17, 2008, 04:09 PM

Even if the home drilling lowers the cost of gasoline a few cents over time, it isn't going to be enough to make a difference. Our government gets too much money from our gas tax and from the big oil companies to ever want to just let it go.

RickJ · Jul 18, 2008, 11:34 AM

Good move on lifting the ban. Now let's also 1) Drill into the ground and 2) continue to promote the r & d of alternative power sources so that we can be self sufficient.

I KNOW we can be.

progunr · Jul 18, 2008, 11:37 AM

Originally Posted by RickJ

Good move on lifting the ban. Now let's also 1) Drill into the ground and 2) continue to promote the r & d of alternative power sources so that we can be self sufficient.

I KNOW we can be.

The sad part is it is now up to the "don't drill Democrats" to finish what the President has started.

They are not listening to the American people, as usual.

They are HAPPY about $4 a gallon gas.

George_1950 · Jul 18, 2008, 11:45 AM

Originally Posted by progunr

The sad part is it is now up to the "don't drill Democrats" to finish what the President has started.

They are not listening to the American people, as usual.

They are HAPPY about $4 a gallon gas.

Well, it's up to irate Americans to demand the gov't to get moving. I hope the Dems remain arrogant, ignoring the people and we can finish the job in November. The Dems would just as soon the price go up to $5 or $6 per gallon.

tomder55 · Jul 18, 2008, 11:52 AM

I addressed the issue here

https://www.askmehelpdesk.com/govern...do-237567.html

All I have to say is the canard about it taking 5-10 years to have an impact has been forever buried.

progunr · Jul 18, 2008, 11:58 AM

Originally Posted by George_1950

Well, it's up to irate Americans to demand the gov't to get moving. I hope the Dems remain arrogant, ignoring the people and we can finish the job in November. The Dems would just as soon the price go up to $5 or $6 per gallon.

Or even $12 as the Messiah has predicted.

Their behavior is beyond shameful.

George_1950 · Jul 18, 2008, 12:23 PM

Originally Posted by progunr

Or even $12 as the Messiah has predicted.

Their behavior is beyond shameful.

They don't want to be elected (and can't be if they tell the truth); they want to be anointed, coronated: "Yet, for all the adoring throngs that are likely to greet the Democratic contender and the eight foreign leaders he will meet, the trip is aimed at voters back home, where Mr Obama’s youth and inexperience have raised significant doubts that he has the gravitas, grit and sure-footedness to be their next commander-in-chief." Barack Obama embarks on world tour — to reach voters in his backyard - Times Online

spitvenom · Jul 18, 2008, 12:28 PM

Hopefully this trend will continue lets see how next week goes. $129.88 (I think that is what I saw it was today)a barrel is still horrible but it is a start. I hardly ever agree with Tom Pro and George but we need to start drilling here. I am all for getting away from oil but that just isn't a reality at the moment. That is definitely the one thing I don't agree with Obama with.

speechlesstx · Jul 18, 2008, 12:28 PM

Aside from lifting the ban, it was reported in our paper that Americans have finally cut back on driving. Nothing like the prospect of more drilling, supply increases and the threat of people not buying your product to drive prices down.

progunr · Jul 18, 2008, 01:30 PM

Originally Posted by spitvenom

Hopefully this trend will continue lets see how next week goes. $129.88 (I think that is what I saw it was today)a barrel is still horrible but it is a start. I hardly ever agree with Tom Pro and George but we need to start drilling here. I am all for getting away from oil but that just isn't a reality at the moment. That is definitely the one thing I don't agree with Obama with.

I know that was hard to admit, I respect your honesty, and your independence in knowing what is right, and not sticking in there with the rest of the Democratic idiots.

I mean really, is there anyone on this site, who can justify the "don't drill" position that these people are stuck on?

How would drilling tomorrow, where ever there is a "substantial" deposit of our own oil, be considered anything but a GOOD idea, and the RIGHT thing to do?

The old excuse about the 58, or 68, or 128 million acres already approved crap is outdated.

If the Oil companies had a chance to make a reasonable profit in those areas, they would already be drilling. They know what they are talking about when they tell us that they need access to the areas with HUGE deposits of oil and these "approved" acres don't have that.

Then this idiotic crap about not getting any of this new oil to the pump for 10 years!

First of all, it is a lie.

Second of all, what is going to change in the next 10 years that would lead anyone to believe that we WON'T be using gas then?

And without starting to drill now, how much will we be paying in 10 years?

It really is enough to make a sensible person want to SCREAM!!