$139 a barrel...This can't be good

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06-15-2008, 07:45 AM

#31

induchman

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Quote:

Originally Posted by chipmonk

i heard that there is more oil in the rocky mtns, than there is in all of saudi arabia. if and when we go after it, is anyone's guess.

Small companies, not affliated with the majors, have been directional drilling for the past several years. They fract the rock with water, forcing the heavy crude out.

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06-15-2008, 07:48 AM

#32

induchman

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Quote:

Originally Posted by kawi600

Govt is going to have to wise up and back off on some of these overkill environmental regs to save the economy. But theyre too spineless to do it!

The enviros found a solution 25 years ago - don't buck the system, work inside it. They have worked their way into the fabric of govt and are impossible to remove.

If the USAF can have this, why can't we?
http://www.greencarcongress.com/2007..._force_pl.html

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06-15-2008, 07:52 AM

#33

induchman

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http://ca.news.yahoo.com/s/cbc/08061...sactiongas0613

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06-15-2008, 11:45 AM

#34

capt.Ron

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Quote:

Originally Posted by Tate

FWIW, most of the oil that the US processes is imported, largest supplier being from Canada. Yet the oils are refined down south and shipped back to us. If you cut off shipments of fuel, the shipments of oil from us would eventually dry up. The US isn't self sufficient when it comes to energy.

You are correct. The problem here in the states is that we have a lot of mis information (politically driven) that leads many to believe that if we become isolationists and cut out exports our economy will rise above all others.
NOT TRUE!!
We already have a massive trade deficit now. This is a major factor in the soft dollar and furthering this would most likely crash this economy far beyond anything we've ever seen.

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06-15-2008, 03:29 PM

#35

Dangerous Dave

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I think the very best part of blame can be aimed at Washington, DC

The White House and Both Houses of Congress are NOT in this for you and me!

I'm fairly certain that when after November DC tries to take away all our guns there will be a revolt.

Molon Labe baby! From my cold dead hand and NO OTHER WAY!