77% Want Increased Domestic Oil...
Comments
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I'm in
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Cut Carbon Emissions
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Also I lol'd @ 87% of Americans thinking increased drilling would lower energy costs for consumers.
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Yeah, I agree. That supply and demand thing is complete bullshit. John Keynes is my hero. He did such a good job with the Treaty of Versailles, they let him screw up lots more stuff.CollegeDoog said:Also I lol'd @ 87% of Americans thinking increased drilling would lower energy costs for consumers.
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Simple supply and demand doesn't translate to the oil market. But you're 4.0 Harvard Accepted ass knew that right?
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I'm all for increased domestic drilling... It's a win-win all the way around ... I'd use it to buy time to develop all the other energy sources and means of power ...
... On a side note D2D, the Phil Robertson avatar does not make you look intelligent....
... But then again maybe you are very clever and are maching him at 5,000 mph... Which in turn makes you very intelligent ...
Abundance!! -
Making fun of d2d is fine, but if we're going to mach Phil Robertson, I'm out!fivehundredmileDAWG said:I'm all for increased domestic drilling... It's a win-win all the way around ... I'd use it to buy time to develop all the other energy sources and means of power ...
... On a side note D2D, the Phil Robertson avatar does not make you look intelligent....
... But then again maybe you are very clever and are maching him at 5,000 mph... Which in turn makes you very intelligent ...
Abundance!!
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fivehundredmileDAWG said:
I'm all for increased domestic drilling... It's a win-win all the way around ... I'd use it to buy time to develop all the other energy sources and means of power ...
... On a side note D2D, the Phil Robertson avatar does not make you look intelligent....
... But then again maybe you are very clever and are maching him at 5,000 mph... Which in turn makes you very intelligent ...
Abundance!!
) Oh, I don't know... Time is definitely on my side the past two months, and Obama is the gift that keeps on giving.
politicalticker.blogs.cnn.com/2013/12/26/cnn-poll-gop-has-edge-in-early-midterm-indicator/
I was going to change the avatar today, but since so many don't like the First Amendment when it applies to someone who doesn't agree with Zobamies, I'll keep it a bit longer.
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I don't think you understand the first amendment, at all.
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It would. It is somewhat inelastic, but there is still a demand curve that matters. What do you think would happen if the government Putin price a price ceiling? Shortages.CollegeDoog said:Also I lol'd @ 87% of Americans thinking increased drilling would lower energy costs for consumers.
It would also be lower if the government didn't make more off a gallon of gas than the oil company.
The Federal Reserve has more to do with the price than any other entity. -
Thanks for mentioning the Federal Reserve. Considering the massive size of the debt, the percentage of the budget that goes to paying interest on the debt, and the phony interest rates manipulated by the Fed, it is a very simple algebraic calculation to figure out what would (will) happen if (when) interest rates went (go) to 5%; economic collapse.
Obama is doing everything he can do to keep the bubble from exploding. Denial is not a River in Egypt. It's a class taught at Middlebury Voc Tech.
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I hate to be "that guy", but everything you mentioned here started well before Obama became President.death2ducks said:Thanks for mentioning the Federal Reserve. Considering the massive size of the debt, the percentage of the budget that goes to paying interest on the debt, and the phony interest rates manipulated by the Fed, it is a very simple algebraic calculation to figure out what would (will) happen if (when) interest rates went (go) to 5%; economic collapse.
Obama is doing everything he can do to keep the bubble from exploding. Denial is not a River in Egypt. It's a class taught at Middlebury Voc Tech. -
What the fuck does that have to do with fixing the problem? "We have spent the last 30 years replacing what worked, with what sounds good." Thomas Sowell.TierbsHsotBoobs said:
I hate to be "that guy", but everything you mentioned here started well before Obama became President.death2ducks said:Thanks for mentioning the Federal Reserve. Considering the massive size of the debt, the percentage of the budget that goes to paying interest on the debt, and the phony interest rates manipulated by the Fed, it is a very simple algebraic calculation to figure out what would (will) happen if (when) interest rates went (go) to 5%; economic collapse.
Obama is doing everything he can do to keep the bubble from exploding. Denial is not a River in Egypt. It's a class taught at Middlebury Voc Tech.
This illustrates the difference between "American Management" versus "Japanese Management; Japanese Management focuses on fixing the problem, American Management focuses on pinning the blame on somebody (almost always your predecessor). -
CollegeDoog said:
Cut Carbon Emissions
Doesn't matter if We cut our emissions when China and India keep increasing there's and Brazil keeps stripping the lungs of our atmosphere now does it mrknowitall.
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Why do we need to copy other Countries? We should be setting the example!!1!1 (I posted this while on a jet).salemcoog said:CollegeDoog said:Cut Carbon Emissions
Doesn't matter if We cut our emissions when China and India keep increasing there's and Brazil keeps stripping the lungs of our atmosphere now does it mrknowitall.
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I posted this while taking a crap.CuntWaffle said:
Why do we need to copy other Countries? We should be setting the example!!1!1 (I posted this while on a jet).salemcoog said:CollegeDoog said:Cut Carbon Emissions
Doesn't matter if We cut our emissions when China and India keep increasing there's and Brazil keeps stripping the lungs of our atmosphere now does it mrknowitall. -
You really need to get a hold of IrishDawg22.death2ducks said:
I posted this while taking a crap.CuntWaffle said:
Why do we need to copy other Countries? We should be setting the example!!1!1 (I posted this while on a jet).salemcoog said:CollegeDoog said:Cut Carbon Emissions
Doesn't matter if We cut our emissions when China and India keep increasing there's and Brazil keeps stripping the lungs of our atmosphere now does it mrknowitall. -
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Airline manufacturers have added wing tips and lighter carbon-fiber structure to make fuel costs more efficient. I don't feel guilty for flying.
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The price of oil is set by futures trading and any increase in supply would be largely insignificant.MikeDamone said:
It would. It is somewhat inelastic, but there is still a demand curve that matters. What do you think would happen if the government Putin price a price ceiling? Shortages.CollegeDoog said:Also I lol'd @ 87% of Americans thinking increased drilling would lower energy costs for consumers.
It would also be lower if the government didn't make more off a gallon of gas than the oil company.
The Federal Reserve has more to do with the price than any other entity.
Since Obama took office US oil production has reached an all time high, and the price of oil and overall energy costs have greatly increased:
Point being Obama sucks at energy costs and global warming issues and he can suck a little less by trying to decrease US production that would really do nothing but line the pockets of the major oil manufacturers.
Finance is my #Wheelhouse. -
You can make the same stupid argument about ANY commodity. BTW, I thought your wheelhouse was Pension Fraud?CollegeDoog said:
The price of oil is set by futures trading and any increase in supply would be largely insignificant.MikeDamone said:
It would. It is somewhat inelastic, but there is still a demand curve that matters. What do you think would happen if the government Putin price a price ceiling? Shortages.CollegeDoog said:Also I lol'd @ 87% of Americans thinking increased drilling would lower energy costs for consumers.
It would also be lower if the government didn't make more off a gallon of gas than the oil company.
The Federal Reserve has more to do with the price than any other entity.
Since Obama took office US oil production has reached an all time high, and the price of oil and overall energy costs have greatly increased:
Point being Obama sucks at energy costs and global warming issues and he can suck a little less by trying to decrease US production that would really do nothing but line the pockets of the major oil manufacturers.
Finance is my #Wheelhouse.
law.cornell.edu/uscode/text/18/1954 -
I'm a young Madoff without the Jewishness.
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Collegedoog isn't an Econ major I see.
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Here's the thing, oil is a global market, so when you pump more oil out of North Dakota it goes right into the World's milkshake, and all of these little straws from China, Brazil, and Japan, etc reach out and drink it all up. So at best you're lowering the cost of a gallon by a few dimes. Not even going into how OPEC would respond to such a change in policy from Washington, but I would surmise that they would cut or plateau production to prevent a drop in prices.
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I have more Econ knowledge in my pinkie toe than you keyboard cowboys.
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It's all about the dollas. The market is at equilibrium and they're not going to produce for the sake of producing. They're gonna maximize profit.doogsinparadise said:Here's the thing, oil is a global market, so when you pump more oil out of North Dakota it goes right into the World's milkshake, and all of these little straws from China, Brazil, and Japan, etc reach out and drink it all up. So at best you're lowering the cost of a gallon by a few dimes. Not even going into how OPEC would respond to such a change in policy from Washington, but I would surmise that they would cut or plateau production to prevent a drop in prices.
In the meantime it's best to ease off reliance on fossil fuels because reserves are expected to shrink in the near future.
Econ 101 for Damone. -
More oil production = more jobs, more profits, and more tax revenues.
It also decreases the power of countries who don't like us, such as Iran, Venezuela, and Russia.
Natural gas continues to be a big story and I hope they'll start capturing it more (rather than flaring it in the Bakken when oil drilling because prices aren't high enough and they don't have the infrastructure). -
Lol. Yeah ya do.CollegeDoog said:I have more Econ knowledge in my pinkie toe than you keyboard cowboys.
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Embarrassing. You should stop.CollegeDoog said:
It's all about the dollas. The market is at equilibrium and they're not going to produce for the sake of producing. They're gonna maximize profit.doogsinparadise said:Here's the thing, oil is a global market, so when you pump more oil out of North Dakota it goes right into the World's milkshake, and all of these little straws from China, Brazil, and Japan, etc reach out and drink it all up. So at best you're lowering the cost of a gallon by a few dimes. Not even going into how OPEC would respond to such a change in policy from Washington, but I would surmise that they would cut or plateau production to prevent a drop in prices.
In the meantime it's best to ease off reliance on fossil fuels because reserves are expected to shrink in the near future.
Econ 101 for Damone. -
I like to say the market is at equilibrium right after I say increased supply hasn't caused prices to drop....that's what I like to do.CollegeDoog said:
It's all about the dollas. The market is at equilibrium and they're not going to produce for the sake of producing. They're gonna maximize profit.doogsinparadise said:Here's the thing, oil is a global market, so when you pump more oil out of North Dakota it goes right into the World's milkshake, and all of these little straws from China, Brazil, and Japan, etc reach out and drink it all up. So at best you're lowering the cost of a gallon by a few dimes. Not even going into how OPEC would respond to such a change in policy from Washington, but I would surmise that they would cut or plateau production to prevent a drop in prices.
In the meantime it's best to ease off reliance on fossil fuels because reserves are expected to shrink in the near future.
Econ 101 for Damone.
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