Why,should the US be thwarted from drilling in its own territory?

Wednesday, July 21st, 2010

when just 50 miles off the Florida coastline the Chinese government is drilling for oil under Cuban leases?
The China-Cuba connection also appeared in an editorial Monday in Investor’s Business Daily, which wrote that "the U.S. Congress has voted consistently to keep 85 percent of America’s offshore oil and gas off-limits, while China and Cuba drill [...]

Congress passes legislation to sue OPEC for restricting the supply of oil??

Monday, May 31st, 2010

While the same Congress prevents access to 10.4 Billion Barrels of oil in a 3.13 sq. mile patch of ANWR??? I think I should be able to sue CONGRESS for high gas and oil prices. What a bunch of hypocrites!!!
Domestic oil production has declined, to 1.9 billion in 2007 from 3.1 billion barrels in [...]

Are we refilling the Strategic Petroleum Reserves right now while crude is low?

Thursday, May 20th, 2010

With crude at an all time low, now would be the time to fill it to the brim. After all, we might have to sell it to China to pay off some of our debt.

who is concerned about the oil price?

Friday, May 7th, 2010

oil is at 5 a barrel – no one really knows the exact cause, whether it’s speculators, demand from China and India, peak oil…
And obviously, oil is not just for driving – we use oil in almost every single industry. If oil stays at this price, or climbs even higher, it is going to [...]

Why have the Democrats rejected a plan to open U.S. waters to more oil exploration?

Friday, April 30th, 2010

This happened today when oil and natural gas prices are skyrocketing and China is drilling off the coast of Florida with Cuba !

Isn't this a much bigger source of the oil price problem than anyone gives it credit to be?

Wednesday, March 24th, 2010

We all want to blame the oil companies trying to make a buck, some want to blame the Arabs, some know that the demand in oil consumption of countries like China and India is increasing the price and that supply is off because of instability in Nigeria and the lunatic in Venezuela. But very [...]

Why do we need to depend on foreign oil, we have a lot of oil in America and natural gas?

Wednesday, March 17th, 2010

but, yet, we have to raise costs on energy, double our costs in 4 years if his cap and trade bill gets passed? We have oil and natural gas right here in America! Not only that, some of the oil drilling and pipes in Alaska were actually shown to help the environment because they were [...]

Are gas prices and natural disasters a sign of the end?

Monday, March 1st, 2010

Myanmar, china, tornadoes in the USA, What is going on? Why are gas prices so high? Are we running out of oil, or is someone trying to make money before the end. Have you ever really thought about why gas is high. It all goes back to someone wanting more money. [...]

Why does Nanny Pelosi hate America so much she is unwilling to allow us to drill for our own oil in the Gulf?

Tuesday, February 9th, 2010

Democrats like to attack evil American oil companies and block them from drilling the energy deposits off our coasts. It doesn’t seem to bother Democrats that China and Cuba are finalizing plans to drill for oil in these same areas 50 miles from Key West.
Pelosi in her weekly press conference called drilling a "Republican hoax."
The [...]

Why do neo-cons say that drilling for more oil will lower gas prices when Iraq’s oil made prices a lot higher?

Sunday, December 13th, 2009

"Our" supplies increased a lot with Iraq–they’re only second to Saudi Arabia! And oil is being shipped to China–from Alaska!
Supply exceeds demand and it has since the 90s.
http://www.commondreams.org/archive/2008/05/27/9207/
Oops wrong link! This is the one:
http://www.commondreams.org/news2005/0907-04.htm
And this:
http://wyden.senate.gov/issues/wyden_oil_report.pdf
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/01/06/ccoil106.xml

If the Big Oil Cartel drills offshore what makes anyone think gas prices will go down?

Friday, November 6th, 2009

They are still in the business to make PROFIT. Does anyone really believe their executives put "Country First"? That oil could easily end up in China or India.
Obama/Biden 08′

Why isn’t Obama buying up cheap oil assets like China is to cut the risk of price increases?

Saturday, October 17th, 2009

Will Americans and our employers soon be paying 3X the price that China pays for energy as Obama forces us to use expensive wind, corn, and solar while China produces scores of products to send to the US with cheap oil, coal, gas, and nuclear power?
Will we soon be forced to beg both OPEC and [...]

What is driving up oil price?

Thursday, September 17th, 2009

I am puzzled with what is driving up oil price from 50 to 150 dollar per barrel in less than 2 year’s time. Isn’t the occupation of Iraq and Afghanistan serve to secure oil supply? Some factors that I can think of are:
1. increasing demand from China and india
2. reducing OPEC production
3. weakening of dollar
4. [...]

Isn't this a much bigger source of the oil price problem than anyone gives it credit to be?

Friday, September 11th, 2009

We all want to blame the oil companies trying to make a buck, some want to blame the Arabs, some know that the demand in oil consumption of countries like China and India is increasing the price and that supply is off because of instability in Nigeria and the lunatic in Venezuela. But very [...]

Are the Islamic countries that control the price of oil trying to destroy the US economy?

Monday, September 7th, 2009

1. The price of oil goes from per barrel to 0 in several years.
2.China and India have increased demand for oil during that period but not by 3X the previous price.
3.Islamic countries are the the major exporters of oil.

What is the alternative to a petroleum based economy?

Friday, July 17th, 2009

America is the largest consumer of oil in the world, with the EU not far behind and China repidly gaining ground. Humanity as a whole is consuming more oil then at any other period in history. At this rate we will completely strip the earth of its petroleum reserves by 2050 (excluding coal and shale). [...]

Why are natural gas prices so much higher?

Monday, July 6th, 2009

Since I think natural gas is harder to transport across oceans I’m guessing most natural gas consumed in the US is produced nearby in the US, Alaska, and Canada. If the growing economies of China and India are pushing up world wide oil prices, it seems less plausible that this same effect could effect [...]

How supply and demand plays in the rising of oil price ?

Sunday, June 14th, 2009

Oil price is rising obviously is rising, and it is caused by the demand and supply, with demand exceeds the supply.
So, what are actually the factors of these supply and demand…
OPEC come into mine as the supplier and China & India's rapid economic growth also come to my mine as the cause of demand.
Can anyone [...]