President Bush Lifts Ban on Offshore Drilling

Bush Lifts Ban on Offshore Drilling
Posted: 20 minutes ago
Filed Under: Nation News, Politics News
In a bid to increase the supply of oil and bring down skyrocketing gasoline prices, President Bush lifts the executive ban on offshore drilling that's been in place since his father signed the order in 1990. Bush says the move, which won't change anything unless lawmakers also act, puts the ball "squarely in Congress' court."

 

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Congress won't lift the ban and if Obama is elected he will make it illegal again.

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Eating the seed corn, spending the principal - irresponsible barely covers these guys.

 

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Yay, won't make a damn bit of difference.

 

It will, but not immediately. Of course, we could do nothing and let the Chinese drill for it, right?

 

Jeb Bush made it illegal off the coast of Florida.

 

I love the way liberals always go to.......

, Eeyor, democrats, woe is me,

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might as well quit before I even try, won't do no good any way.

Very apropos, Eeyore Democrats.

We haven't tried to drill those ares for 40 years, and there was oil in those zones, that was being recovered when we shut them down.

The fact is that if we don't go get the oil, some one else will, the Chinese and the Cubans already are, and in one of the no drilling zone, the Florida Straights.

China, Cuba reported in Gulf oil partnership
U.S. firms stand by, prohibited from bidding on contracts; lawmakers propose opening up U.S. coast for drilling.

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That will do wonders for tourism in the Keys.

 

Poor Americans, somebody is stealing their oil :bawl:

 

Good luck getting re-elected when the oil platforms start to appear off your beaches. The Southern East Coast also happens to be a very active hurricane zone.

 

Whats wrong with oil platforms on the beaches? I can see where the hurricanes might be a problem, oil spills are not pretty.

 

They wouldn't be on the beaches S.A.M. It's 2008 not 1900...

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You mean like Texas and Louisiana? ROFLMAO.

It's 2008. Oil spills are impossible unless you employ Liberal environmentalists with no braincells and no technology.

 

"The United States Geological Survey estimates the Cuban deal involves 4.6 billion barrels of oil and 9.8 trillion cubic feet of natural gas, according to the Times. The paper said that's enough oil and gas to power the U.S. for a few months."

Article your image is from:
http://money.cnn.com/2006/05/09/news/economy/oil_cuba/index.htm

 

I say drill away, both here and in Alaska, but as Spidergoat said, it is too little too late....

 

They put them far enough out that you can't see them from the beach. Regardless, who the fuck is going to be able to go to the beach if we don't do something about the price of oil? The airlines are all about to go out of business, and who the hell wants to drive down to the coast at $4 plus a gallon?

Energy drives the economy, and that includes tourism. No energy, and we're all out of business.

If the government immediately lifted all bans on drilling for oil, the price would drop almost immediately. Part of the price is the question of continuing supply. Once it was known that US production would be increasing, the price would drop.

Furthermore, the price of natural gas (a byproduct of drilling for oil) is also out of control right now, increased drilling for oil would also increase the supply of that.

 

Sounds like entitlement to me. "I need to be able to drive to the coast whenever the hell I feel like it, and that's non-negotiable.". Such sentiments will be revealed as insanity in the near future.

Probably.

More insanity.

So the prices aren't the result of supply and demand, they are mental?

Increasing the supply isn't the issue. It's a matter of degree.

 

You clearly don't understand the issues and the technology. It takes like 5 years for a seaplatform to come online. Pretty much the same in Alaske, at least a good 3 years.

Also if you crunch the numbers, that would help max. 10% of our oil import, thus really not much...

 

I have noticed and enjoyed the lack of small planes overhead. I cant say I have really noticed reduced commercial airliners, but when HAVENT the airlines been on the brink of bankruptcy. Thats a song thats grown very old.

I would imagine most people living near the beaches will enjoy the less crowded areas. I have certainly enjoyed the reduced traffic on weekends infront of my home.

And it wont be long before its cheaper to hire americans for work than to ship product from china or india.

 

I thought you said you wanted $6/gallon...if it meant an end to oil subsidies?

 

Simply allowing drilling will immediately reduce the spot price of oil. (For the hard core Democrats in the audience, that's part of Economics 101 you decided to skip.)

The oil platforms for this off shore drilling are planned for fifty miles off the shoreline. They simply will not be seen from the shore.

But, since the Democrat party wants to keep oil artificially high in price, crippling the U. S. economy and restricting the freedoms of U. S. residents, this isn't going to happen. Ah, yes, the implications of a fully governmental controlled economy.

It is the Democrat controlled Congress that right now keeps oil prices high and restricts the populace. I think this is becoming more and more obvious even to the rank and file Democrat voter as times goes on. We'll see how long it takes for them to wake up.