Drilling for Oil and High Gas Prices

Re: Drilling for Oil and High Gas Prices

Postby paleocon on 06/28/08, 12:26 am

Bonaduce wrote:What are you an english major or something you picky arse, who cares about their or they're! Geez!


Well, I am one of those people who cares about the English language and meaningful debate.  Since when did it become acceptable to ramble on like an illiterate high school dropout?  

If you are going to babble on incoherently and pretend that you have a point at least you could spell check the nonsense you post.
He has all the virtues I dislike and none of the vices I admire.
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Re: Drilling for Oil and High Gas Prices

Postby watcher on 06/28/08, 2:08 am

Some George Bush Facts:

George Bush is a partner in the family oil business and was involved in several ventures in the 1980’s. Arbusto Energy that was then merged with Sprectum 7 and bought up by Harken Energy.
Bush divested of his interest in Harken in 1990 but served on the board of directors to 1993. He also earned between $80,000.00 and $120,000.00 year salary as a consultant during the same time period and which was prior to him running for office.

Bush was at one time was a shareholder [owner] of the Texas Ranger baseball franchise. He borrowed $600,000.00 in 1989 and he sold his shares in 1999 making 15 million from his initial investment of $800,000.00
There were allegations that George Bush used insider trade information to sell his shares of Harkin. He made about 1 million and paid off what was left on his loan of the Baseball team. The SEC investigated and found no such evidence existed and George Bush did not have anything to do with the day-to-day workings of the company.

Interesting note: Some of the activities of Harken Energy after Bush left have been compared to being very similar to that of Enron and may have been the working model for the entire energy scheme. Gyorgy Soros was part owner of Harkin in 1986 when the company bought up Sprectum 7. I can find nothing about his ownership at the time Enron fell.


So despite all the hype about Bush making all of his money from BIG OIL it
sounds like most of his net worth comes from good old American Baseball.


http://en.wikipedia.org/wiki/George_W._Bush
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Re: Drilling for Oil and High Gas Prices

Postby Eyas on 06/28/08, 9:54 am

paleocon wrote:Nancy "Blinky" Pelosi must be a space alien if she thinks we are stupid enough to believe the idiocy she is peddling.  


WE are not.  Unfortunately, far too many Americans are.

More specifically, though "Blinky" may be stupid, she isn't lacking in facts or information to know the truth -- though she continues to spew lies.  On the other hand, the American populace may have fine mental faculties; but, on average they are so woefully ill-informed or uninformed that they're a danger to themselves.
Public sentiment is everything. With public sentiment, nothing can fail; without it nothing can succeed.  -Abraham Lincoln


Every generation needs a new revolution. -Thomas Jefferson

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Need to drill now!

Postby GoBoilers on 06/28/08, 2:56 pm

[SIZE=11.5pt]Not since the years of Jimmy Carter has the United States faced a greater energy crisis. While there are no shortages at the pump or plans to ration supplies, our nation’s neglect of energy infrastructure combined with a collective “not in my backyard” mentality has sentenced us to dependence on unstable and hostile regimes around the world. With supply and demand in such fragile balance, any political instability, terrorist attack, or shift in diplomatic relations could quickly send oil prices soaring further crippling our economy. We need more domestic drilling and we need it now.
[SIZE=11.5pt]
[SIZE=10pt]http://www.beyondthemargin.net/2008/06/demand-for-drilling.html



[SIZE=10pt]A growing movement towards “alternative energy” has emerged as wealthy nations consider the negative externalities of energy consumption as opposed to simply its financial cost. The allure of clean domestically produced energy warms the hearts of environmentalists, but it seems unlikely to pragmatists that a few windmills and solar panels can displace carbon based fuels.
[SIZE=10pt]
[SIZE=10pt]http://www.beyondthemargin.net/2008/06/alternative-energy-panacea-or-placebo.html
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Re: Drilling for Oil and High Gas Prices

Postby paleocon on 06/28/08, 3:12 pm

You have hit the nail on the head.  Drill here, drill now.  Look for options over the next 10 years.  No other logical choice.  

But, either way, we are in for a tight energy marketpace for the next 5 years.
He has all the virtues I dislike and none of the vices I admire.
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Re: Drilling for Oil and High Gas Prices

Postby GoBoilers on 06/28/08, 3:33 pm

And an economy that will suffer as a result.  It is so frustrating to me to think that every day Congress sustains the status quo of doing nothing except trying to blame everyone but themselves we postpone any recovery in the economy.  While the effects of the housing market implosion continue to ripple throughout the economy, the Federal Reserve resorts to its favorite bailout strategy of cutting the fed funds target rate driving up inflation and making the average Joe so much worse off.  How can they sit there and watch without coming up with a meaningful response.

http://www.beyondthemargin.net/2008/06/inflation-rears-its-ugly-head.html
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Re: Drilling for Oil and High Gas Prices

Postby paleocon on 06/28/08, 3:50 pm

GoBoilers wrote:And an economy that will suffer as a result.  It is so frustrating to me to think that every day Congress sustains the status quo of doing nothing except trying to blame everyone but themselves we postpone any recovery in the economy.  While the effects of the housing market implosion continue to ripple throughout the economy, the Federal Reserve resorts to its favorite bailout strategy of cutting the fed funds target rate driving up inflation and making the average Joe so much worse off.  How can they sit there and watch without coming up with a meaningful response.

http://www.beyondthemargin.net/2008/06/inflation-rears-its-ugly-head.html


The last two fed chairmen have driven inflation to nearly zero and they are still worried about inflation when the rest of the economy teeters.  Either Greenspan and Bernancke are idiots, totally fixated on one part of the economic equation or they are trying to hurt the economy.  I see no other option.
He has all the virtues I dislike and none of the vices I admire.
"The inherent vice of capitalism is the unequal sharing of the blessings. The inherent blessing of socialism is the equal sharing of misery."
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Re: Drilling for Oil and High Gas Prices

Postby watcher on 06/28/08, 4:03 pm

The majority of them do not care about the American people or this country. They care about nothing but themselves. They do not live in our reality.  It takes them months to do what should take a few hours.  They are more interested in positioning themselves for the next big inside deal to fill up their bank accounts and their campaign coffers will no regard for how it effects the common person.
Can you imagine what would happen to a business if was run like they try to run this country?  It would be in utter chaos and on it’s way to bankruptcy. Oh, Um!  That does sound like our country doesn’t it.
Truth will ultimately prevail where there is pains taken to bring it to light
George Washington in Letter to Charles M. Thruston August 10, 1794

No man's life, liberty or fortune is safe while our legislature is in session.
Benjamin Franklin
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