Should we now thank Obama for not allowing drilling for oil and escalating the gas prices?

Tuesday, August 23rd, 2011

AMES, Iowa – Police say a 16-year-old Iowa boy has died in a crash after another teen fueled up the car they were in and fled without paying.
Sixteen-year-old Brice Nelson of the central Iowa town of Nevada died at the scene early Saturday in Ames. Hospital officials say another passenger, a 14-year-old girl, is in [...]

Why would producing more oil in America reduce the price of oil in America?

Thursday, March 10th, 2011

I can’t see the logic behind the calls for more production in the US. Isn’t the price of oil just determined by global supply and demand?
@whiteflame55
So the US government would tell Exxon and BP and Texaco what price they have to sell their oil for in America? And that they may not export any?

An assesment on crude oil. Could you please help me with the following questions?

Monday, February 14th, 2011

What is Crude oil?
How is it formed?
Where do you find crude oil?
How do we get crude oil?
Why oil is so useful?
What products do we get from crude oil?
What are the problems associated with crude oil
Burning-pollution
Oil spills-Exxon valdes, sea Empress
[...]

Would oil companies be unfairly burdened by Obama's proposed foreign tax plans?

Sunday, December 26th, 2010

One of Obama’s arguments is that multinationals have paid an average tax rate of just 2% on their foreign revenues. While this may be true for companies that choose to have operations in countries with very low tax rates, the oil industry goes to resource-rich countries and operates under tax regimes that are often onerous. [...]

what do you think of british petroleum as a long term investment?

Saturday, December 25th, 2010

i know bad news is coming out all of the time on bp. years ago exxon has
the valdez problem and came back strong. thank you y/a people.

Why do people think that a stateowned oil company that would make gas cheap and employ 1000s is evilCommunism?

Thursday, December 16th, 2010

When I lived in Alaska during the 04 elections there was a proposition by some candidate that I don’t know the name of that suggested that Alaska state should allow the residents of Alaska to vote for or against a State owned oil and refinery company. and a month or so before [...]

Whose land is it anyway?

Wednesday, December 15th, 2010

This land is your land, this land is my land… or is it? Who owns Federal lands, such as national forests, parks, wildlife refuges? Are these lands the personal property of Bush and Cheney, to be given away to oil & gas interests, or are these federal lands the property of all Americans?
Those who keep [...]

Do Gasoline Companies Buy their Crude Oil?

Saturday, November 20th, 2010

Please explain to me how the gasoline companies like BP, Shell, and Exxon Mobile work. Do they buy their crude oil from foreign entities and refine and sell to the American public?

Today as we know crude oil prices fell (7-16-08). What is the outlook for tommorro or the next day? rise?

Sunday, November 14th, 2010

Will crude oil prices rise again tommorro or the next day? Also does crude oil pricing affect gas companies such as exxon, chevron etc? Please explain that relatioship as well.
Thanks

Why do people assume the price of gas will drop when Iraq enacts the"Iraq Hydrocarbon Laws"&Exxon(?)runs it?

Friday, October 22nd, 2010

Maybe not Exxon or not just Exxon but whatever foreign companies (like Pennzoil; GW Bush family, Standard, BP whomever) win the bid to control Iraq’s oil.
If Iraq wants to Nationalize their oil shouldn’t they have that right?
Are they a sovereign country or not?
This is NOT about lowering the cost of a gallon of gasoline for [...]

Why does the Drill Baby Drill crowd want so badly for oil companies to make profits from offshore drilling?

Sunday, October 17th, 2010

when none of them will ever see a penny of the profits?
They don’t own Exxon or BP. Most of them do not own a gas station.
So why do they go all moist about Exxon and BP making a killing, literally, in offshore drilling when we could be concentrating on renewable energy?
Does Exxon tip them [...]

Big Oil…to drill or not to drill?

Saturday, September 25th, 2010

Why should we open up more public lands and allow Big Oil to drill in the US?
Consider:
- The 574 million acres of federal costal water that are off-limits are believed to hold almost 18 billion barrels of oil and 77 trillion cubic feet of natural gas, according to the Interior Department.
Sounds like a lot.
But consider [...]

Do environmentalists acknowledge the higher risks of imported oil?

Wednesday, July 7th, 2010

80% of Oil imports arrive on SINGLE HULL super tankers.
Just like Exxon Valdez
Other countries do not have to abide by our Double Hull ships laws.
Our environment is in more risk by importing our oil.
We have the best and most advanced drilling technology in the world.
Let us use it!
http://www.anwr.org/
US Oil production (lowest since the 1940’s)
http://tonto.eia.doe.gov/dnav/pet/hist/mcrfpus2a.htm
US Imports
http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/company_level_imports/current/import.html
The [...]

How much will British Petroleum's accident in the Gulf of Mexico cost us?

Tuesday, May 18th, 2010

The price of gasoline soared after the Exxon Valdez grounded in Alaska. As a matter of a fact, all petroleum companies increased their prices to rescue Exxon… And that was strange to me at the time..
How much are the jewels of the Queen of England worth?
This is a financial burden that American consumers should not [...]

Does anyone think that oil and gas tax breaks are corporate welfare

Sunday, March 28th, 2010

The purpose of these tax breaks is to encourage oil companies to explore for and drill for new oil. The recent revelation that the oil companies are using their profits to buy back there own stock to increase its value, rather than drilling new wells or upgrading and purchasing new equipment runs contrary to the [...]

Why blame Democrats for Offshore Oil Ban?

Tuesday, March 16th, 2010

Since 1982, oil exploration has been banned offshore of the United States. At the time, the Republican Congress enacted an environmental moratorium against offshore drilling for oil and gas. In 1990, the year after the Exxon Valdez oil tanker disaster, US President George H.W. Bush signed an executive order creating a second, presidential moratorium.
Also, Bush’s [...]

Do conservatives think ANWR affects oil prices more than Bush wars & kowtowing to big oil?

Saturday, March 13th, 2010

Conservatives are starting to say that if only we opened ANWR to drilling, oil prices would come down.
They must have missed the Department of Energy study that said opening it would only lower the cost 50 cents a barrel after several years, and maybe a penny of savings would make it to the pump.
http://www.msnbc.msn.com/id/4542853/
They seem [...]

Why are Gas prices not causing protests in the street?

Monday, March 8th, 2010

Gas was about .25 per gallon when Bush took the Presidentail reins in his first term.
Last week, Big Oil’s first-quarter profit reports came rolling in with more bad news for consumers. On April 26, Exxon/Mobil reported that even though it produced less product than last year, it earned profits of 10 percent on unusually high [...]

Why did Exxon have to be prodded into drilling for oil?

Sunday, February 28th, 2010

Exxon Mobil says it has begun drilling at Alaska’s Point Thomson oil and gas field.
Patrick McGinn, a company spokesman, says drilling operations were launched Friday.
In February, Exxon returned eight of its Point Thomson leases that were part of 13 added to the field in 2002. Exxon had promised to drill wells and begin producing oil [...]

How to say “Free Hawaii” and “Free Alaska” in Chinese?

Thursday, February 11th, 2010

I want to tell Chinese people that Hawaii and Alaska should be free.
America forcibly seized control of Hawaii from its native people in 1893. The Kingdom of Hawaii was overthrown by US Marines and thugs working for American plantation owners. The disenfranchised native Hawaiian people still struggle to maintain their identity.
America purchased [...]

How many liters of petroleum were spilled?

Monday, February 8th, 2010

In March 1989 the Exxon Valdez ran aground and spilled 240,000 barrels of crude petroleum off the coast of Alaska. One barrel of petroleum is equal to 42 gal. How many liters of petroleum were spilled?

Why trust big oil about drilling lowering prices when they paid scientists to lie to us about global warming?

Sunday, January 10th, 2010

Exxon even admitted to paying scientists to lie about global warming and promised not to do it any more (but broke their promise).
http://thinkprogress.org/2007/02/01/oil-lobby-payments/
Other sources on big oil paying for climate change denial scientists:
http://www.watoday.com.au/opinion/who-is-behind-climate-change-deniers-20080802-3ou6.html
http://www.guardian.co.uk/environment/2007/feb/02/frontpagenews.climatechange
http://dieoff.org/page82.htm
If they paid people to lie before to protect their profit margins, why don’t conservatives believe big oil would do it again on [...]

Oil prices are at the lowest levels since early May. Why is our avg price $ per gallon not that low again?

Saturday, December 19th, 2009

In early May, the average price $ per gallon in the U.S. was under per gallon. Right now, with oil back at that previous level, gasoline is still hovering around per gallon. Tell me that Exxon Mobile is not gouging us.
Go Broncos…Theoretically, yes that is the way it is SUPPOSED to happen but [...]

How does the price of crude oil affect the price of oil related stocks?

Tuesday, December 1st, 2009

I was just wondering if high crude oil prices make stock prices like exxon mobil rise or fall.

Why do people think that a stateowned oil company that would make gas cheap and employ 1000s is evilCommunism?

Saturday, November 7th, 2009

When I lived in Alaska during the 04 elections there was a proposition by some candidate that I don’t know the name of that suggested that Alaska state should allow the residents of Alaska to vote for or against a State owned oil and refinery company. and a month or so before the 04elections the [...]