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It costs a US oil company less than $60 to pump a barrel of domestic oil out of the ground. If the world market is $140 a barrel, what company wouldn’t get every drop of domestic oil they could? Increased production of domestic oil would save the companies millions in transportation costs which would increase their profits even more. What I’m basically trying to say is that the oil companies make $0.08 per gallon (government makes $0.47 per gallon) and if they could make $0.09 per gallon and consumption remained the same they would make 12% more than they make now.

If you find a widget on ebay for $20 you have to pay $10 for shipping and handling and the guy 3 miles away in the next town sells it for $21 with no shipping cost who do you buy it from?

Obama pisses me off. so now he wishes he could take back the vote? that disgusts me even more! I had to look that one up and saw this quote from him: It wasn’t something I was comfortable with, but it was not something that I stood on the floor and stopped,” he said.

his gut feeling told him it was wrong to NOT murder someone (whose mother and father would have taken care of her).

“Building wind facilities in the corridor that stretches from the Texas panhandle to North Dakota could produce 20% of the electricity for the United States at a cost of $1 trillion. It would take another $200 billion to build the capacity to transmit that energy to cities and towns.

“That’s a lot of money, but it’s a one-time cost. And compared to the $700 billion we spend on foreign oil every year, it’s a bargain.”

http://www.pickensplan.com/theplan/

We could actually do that more quickly than we would begin producing increased supplies of domestic oil if all drilling restrictions were lifted first thing Monday morning.

Another thing about the idea that new drilling would lower domestic pump prices. It’s a scam.

First off, it would be a minimum of ten years before you’d actually see additional oil supplies result from a lifting of drilling restriction. All experts agree on this point.

Secondly, a question: Do you think that new domestic oil would go stricktly to the U.S. market, to bring down prices? Dream on! The new oil would go on the world market. Consequently–with world demand already running ahead of supply, and the Chinese and Indian demands rapidly growing–we would see little or no resultant drop in U.S. pump prices. The estimate is that it might drop a few cents off each gallon. In 10 or 20 years. From whatever level the price has reached at that point.

The reason big oil is pushing for a lifting of restrictions has to do with their own future profits, not with easing U.S. gasoline prices. Equating the two things is basically just a lie. Here’s the sad truth we’ve all got to deal with: There is absolutely nothing that can be done that will significantly reduce the price of gasoline or diesel fuel anytime in the near future. In the long term–a decade or so–there is a solution. It’s not to get more. It’s to not need it.

T. Boone Pickens has a serious plan, and it seems like a damn good one. It’s a plan that would produce very good, permanent results. There are other avenues out there as well. Things we should begin now. Solar power, for example, could provide everything else we need. The technology already exists.

Ten years from now our energy problems could be nothing more than a dim memory. We could have more cheap energy than we know what to do with, and could have simultaneously cut greenhouse gas emissions drastically as a side-effect.

All it takes is the will to change, and the determination to make our politicans do it.

This isn’t a partisan political statement. Whoever becomes president must be made to make a permanent solution to the energy crisis our number one goal.

I ask this question; What do you do 30 years later, when oil company profits are the largest in history, with OPEC and non aligned oil producing nations in turmoil?
What do you do when homeowner foreclosures, corporate bailouts, and the high price of porkpipe politics gets you coming AND going, with energy effecting EVERY aspect of ones life?

BO’s got a plan…he got it from Cheney’s guy…If you don’t think Exelon was not a participant in those White House “energy” meetings and that BO is not tied at the hip to these folks, then good luck. Going to work just for the money to go to work is going now where fast.

From the windmills of Holland, the coal of England, the oil of America…the oil of the Middle East.
What ever the resource, it is finite.
Energy output effects the fortunes of nations and their survival.
What can be used for the next 200 years without choking the planet to death?

Take a miniute and watch Carl’s little video. Go on, I Dare ya.

Carl Sagan - Pale Blue Dot
http://www.youtube.com/watch?v=p86BPM1GV8M&feature=related

Tose countries are not only surviving but with very trong economies.