Bill313
Champion Author
Kansas City
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Message Posted:
8/23/2008 7:37:29 PM
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Why are we paying for bad management
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eaglev
Champion Author
Oklahoma City
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Message Posted:
8/23/2008 5:01:40 PM
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that is why we need to drill here where we know that we have oil deposits.
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jb47
All-Star Author
Shreveport
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Message Posted:
8/20/2008 11:50:40 AM
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At least someone is standing up to them, our government sure doesn't. I guess they don't like it when they may not make outrageous profits and have to pay more themselves
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Don20
Champion Author
Oklahoma City
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Message Posted:
8/20/2008 11:08:27 AM
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I would like 10% of their profits I could retire in style.
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rusty_armor
Sophomore Author
Texas
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Message Posted:
8/20/2008 10:59:54 AM
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DRILL!
DRILL NOW!
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Rutzup
All-Star Author
Connecticut
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Message Posted:
8/20/2008 10:56:09 AM
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AuburnTim correction to your correction. The places they have to drill and are not drilling is because there is no oil in those places. That's why they are not drilling there.
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Bannack
All-Star Author
Florida
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Message Posted:
8/20/2008 10:55:22 AM
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Obscene profits are right.
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scrounger
Champion Author
Vancouver
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Message Posted:
8/20/2008 10:53:44 AM
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that is what happens when you make obscene profits
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AuburnTim
Champion Author
Indiana
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Message Posted:
8/20/2008 10:50:59 AM
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correctio big oil does have places here yet to drill on land already approve for drill but they don't. So we don't at this time need to approve more place for them to drill.
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BoerneWatch
Champion Author
San Antonio
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Message Posted:
8/20/2008 10:50:09 AM
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Here is an article that is designed to keep the price of oil up artificially.
Read closely, it shows that the price should be going down.
The headline is misleading.
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mfeldstein
All-Star Author
Ontario
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Message Posted:
8/20/2008 10:49:48 AM
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I agree with Don1222 .... If governments push the automakers, they can adapt to new, more stringent standards.
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RochBear
Champion Author
Minnesota
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Message Posted:
8/20/2008 10:48:02 AM
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They didn't mention that Nancy and Co. won't let big oil drill in this country. So they are getting pushed out of foriegn countries, and can't drill here. They have the time/money to drill, but no place to drill. (oh sure they have some places they could drill here, but that's not where the oil is! Why drill a dead well?)
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DarthDadJr
Veteran Author
Virginia
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Message Posted:
8/20/2008 10:43:51 AM
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More reason to diversify our sources of energy.
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LanguageMan1
Champion Author
Tampa
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Message Posted:
8/20/2008 10:43:31 AM
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I agree fully that we need to get away from oil, but we also need to drill for and produce more of it here at home, refine more gas and be less dependent upon foreign sources while we're moving away from oil. But the oil companies don't want us to be moving away from oil, especially Exxon!
Gas_Buzzer, they cut their own throats, and ours as well; plus our economy and the world's economies as well!
[Edited by: LanguageMan1 at 8/20/2008 10:44:45 AM EST]
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Gas_Buzzer
Champion Author
South Carolina
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Message Posted:
8/20/2008 10:42:09 AM
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No tears from me. They cut their own throats.
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LanguageMan1
Champion Author
Tampa
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Message Posted:
8/20/2008 10:41:23 AM
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Keep in mind that they've been drilling less and buying back more of their stock instead! They've brought about the reduction of oil here in this country themselves!
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Laser917
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Minnesota
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Message Posted:
8/20/2008 10:40:30 AM
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Where were those speculators when we should have been drilling for oil for use today. Guess it never came up on their crystal balls then.
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dohanian
Champion Author
Illinois
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Message Posted:
8/20/2008 10:36:05 AM
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Sorry need to post one more comment. Part that cracks me up is that Greed of the oil companies developing all these resources is now rubbing off on the dictators and they are telling big oil to go scratch. I love it.
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dohanian
Champion Author
Illinois
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Message Posted:
8/20/2008 10:34:18 AM
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I agree. Get out from underneath oil. Even if we drill now it would be several years before we see anything from it. Better idea is to spend that time and money getting out of oil all together.
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acknot
All-Star Author
Seattle
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Message Posted:
8/20/2008 10:33:16 AM
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Duh! There's only so much oil.
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Pede
Champion Author
New Jersey
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Message Posted:
8/20/2008 10:32:53 AM
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It is time that the Oil Giants loss some of there greedy profits that took advantage of every body
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NavyEOD
Champion Author
Los Angeles
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Message Posted:
8/20/2008 10:31:52 AM
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They have all the excuses!
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Mooseman1
Champion Author
Manitoba
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Message Posted:
8/20/2008 10:31:44 AM
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Things could get even more complicated.
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Mickie08
Sophomore Author
Jackson
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Message Posted:
8/20/2008 10:29:53 AM
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I second and third r651981's comments. Let's be the ground breaker in hydrogen, fuel cell or whatever and let the Saudis and Iranians sit with their oil. The value will plummet and other countries will want our technology and or products to clean up their air (China, Mexico) and make them less dependent on foreign oil.
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gladtobeamomof3
Rookie Author
Iowa
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Message Posted:
8/20/2008 10:28:44 AM
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We as a country, need to look at ways to utlize the energy capabilities that we have here. We need to cut our dependance on other nations for our energy resources. Yes oil is great and it is essential, HOWEVER, there are other energy prospects out there, that we have right here at home that we need to be investigating, like bio-fuels, and wind, and hydrogen.
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techque
All-Star Author
St. Louis
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Message Posted:
8/20/2008 10:26:48 AM
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what a sad problem - too much profit and every jerk-water dictator wants a bigger piece of it. and they'll really scream when the bottom falls out of the market. so sad.
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Brockvillian
Veteran Author
Ontario
Posts:437
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Message Posted:
8/20/2008 10:26:27 AM
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Maybe they should be developing alternative cleaner fuel sources.
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hwnguy
All-Star Author
Honolulu
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Message Posted:
8/20/2008 10:25:37 AM
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Politics will always get in the way.
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katkAL
Sophomore Author
Alabama
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Message Posted:
8/20/2008 10:25:25 AM
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Doesn't everyone want to keep control of their own family, possessions, money, etc.?
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gasman50
Champion Author
Portland
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Message Posted:
8/20/2008 10:24:36 AM
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We need to drill, drill here, drill now
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r651981
All-Star Author
Columbus
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Message Posted:
8/20/2008 10:23:06 AM
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Our addiction to fossil fuels has placed us at the mercy of OPEC. Neither the Saudis nor the Iranians are our friends. Our primary National Security issue has to be energy independence. We have wasted 35 years since the 1973 Oil Embargo. Development of renewable energy sources and the phasing out of fossil fuels is our only hope.
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KopterDoctor
Veteran Author
Alabama
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Message Posted:
8/20/2008 10:22:59 AM
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This is why we must drill here and drill now. The American dollar would rise and it would provide security through independence.
We still must conserve. We still need a plan for alternative fuel supplies.
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Gerund1
Champion Author
Toronto
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Message Posted:
8/20/2008 10:22:37 AM
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Maybe that is one of the reasons that oil is increasing in price, again.
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SeerLV
All-Star Author
Las Vegas
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Message Posted:
8/20/2008 10:20:55 AM
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Why don't they drill on the land they already own leases on? We should open more land to exploration but not with this administration. Lets's wait for the next one otherwise this guy will give away the farm.
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laddyboy62
Champion Author
Riverside
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Points:1,007,210
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Message Posted:
8/20/2008 10:18:55 AM
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we never know the half of what these people do
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justjosey
Rookie Author
North Carolina
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Message Posted:
8/20/2008 10:18:21 AM
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totally agree with no1doc!
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eaglev
Champion Author
Oklahoma City
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Message Posted:
8/20/2008 10:18:07 AM
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That is why we must drill our own oil. How many billions of $ have gone to other countries that would have stayed here. Talk about jobs too.
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no1doc
Champion Author
Milwaukee
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Message Posted:
8/20/2008 10:16:49 AM
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If Western oil companies are being squeezed out of resource-rich provinces, all the more reason why they should drill in the US.
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Nofries
Veteran Author
Atlanta
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Message Posted:
8/20/2008 10:13:40 AM
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Politicians are to blame for much of our woes.
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docwilly
All-Star Author
Scranton
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Message Posted:
8/20/2008 10:11:04 AM
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They have so much money to spend, they'll find a way to screw the public
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GasholeMI
Champion Author
Lansing
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Message Posted:
8/20/2008 10:10:57 AM
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Is this an article about oil companies having to negotiate with Pelosi? I say drill Nancy drill.
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flatcoatfun
All-Star Author
Orlando
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Message Posted:
8/20/2008 10:10:49 AM
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Maybe they should start looking into wind and solar energy....
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bluebird1
Champion Author
Toronto
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Message Posted:
8/20/2008 10:10:26 AM
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Do you think oil supply is dropping because we're approaching peak oil???? Need to change some of the regulations to open up some better & more accessible oil areas.
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tomok
Champion Author
Portland
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Message Posted:
8/20/2008 10:07:13 AM
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The oil giants have made tremendous profits off this crude oil price increase. No way are they losing influence or money.
Oil companies cut production to raise prices, just like the refineries do.
'...and they are finding it harder than ever to find new prospects even though they are awash in profits and eager to expand.'
Don't believe that!
They are expanding into alternative fuels and renewable energy.
They do not want to pay taxes on those profits. Spend some money on 'other/emerging' markets - so when the time comes, they will be in control of that area too.
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rbdesigns
All-Star Author
Modesto
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Message Posted:
8/20/2008 10:06:42 AM
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As McCain said the other day, offshore drilling, wind, solar, nuclear..... we need it all to become less dependant on foreign oil.
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Dennis783
Champion Author
Wisconsin
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Message Posted:
8/20/2008 10:06:40 AM
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I'll say they are awash in profits!
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jeep2003
Rookie Author
New York
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Message Posted:
8/20/2008 10:06:36 AM
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I don't feel bad for them at all. Can we also stop electing people into the most important chair in this county. That person always ends up having some type of relationship with these oil companies and making money.
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ledoy
Champion Author
Dayton
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Message Posted:
8/20/2008 10:06:06 AM
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they drop the supply so they can raise prices again
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tobasco
Champion Author
Los Angeles
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Message Posted:
8/20/2008 10:03:37 AM
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This is New York Times nonsense. There is no supply problem. There is no shortage.
Who cares where the oil comes from. It is a commodity, so the source is irrelevant.
If there are supplies that are reachable, then allow them to drill. Stop complaining and let the oil companies do what they do best...drill and process crude oil. Sheesh.
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Jusy
Rookie Author
Nashville
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Message Posted:
8/20/2008 10:01:34 AM
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Just another reason to use public transportation and do alternative energy research
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