McCain Says "Drill Here, Drill Now" - 8/4/08
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correction: "No new Oil refineries"
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No new oil rigs have been built since 1976. It takes around 20 years for a refinery to turn a profit. 2 possible reasons for this. It's NOT regulations. 1st reason is they are trying to drive down supply to drive up costs (there is a memo of an oil exec stating so). OR 2 they are aware by the time they can turn a profit on the refinery there will be no oil to justify it. I think its a combination of the two. No New Large oil fields have been discovered in 40yrs. All oil countries are in decline.
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send2meez---right on. sham patriotism in the service of Exxon/Mobil. this time we screw them. Obama 08!
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I hate campaigns.
Oil independance is a pipe dream, at best.
We should utilize our available resources, so by all means, drill.
We need to funnel far more money into alternative energy resources.
Don't imagine that this oil is going to make any huge price difference. some say there is 16 blln gallons in the ground, that will last the US about 14 years tops. But with the increase of demand on the world market, prices will still rise since we will still need to import more than %50 of our oil.
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Getting off our dependency on overseas oil will take 10 years. Do you want to keep paying $4 a gallon for the next ten years or do you want to drill for oil?
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Mccain is a huge scam, he's another George Bush, voting for him would be like committing an even bigger crime than any person could commit in the history of crime. If you like your gas prices high, and you like keeping troops in Iraq, and you enjoy having to fork over more money than you actually make, with no hope of the economy ever recovering vote for Mccain. I think if Mccain is somehow elected I'll move to Canada, because America will really suck if he becomes president.
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He wants to drill here drill now....is there oil underneath his feet somewhere! lol
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Has anybody thought of this.....in ten years the population would have grown, so even if we drill here drill now, we wont see one cent in savings. WE NEED TO GET OUR ASSES OFF THE DEPENDENCY OF OIL!!!!!!!!!!
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Drill here? Does he know where he at?
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that's right, give big oil exactly what it asks for to say thanks for screwing us. Please put it in deeper next time. NOONE BELIEVES YOU ANYMORE CROOK BASTARDS
Developing our resources will help. Even if it does not lower prices, we will have a more secure national defense as there will be more oil in the US. Development of our resources will provide good jobs for Americans. Oil we sell abroad will reduce the trade deficit. There are no negatives in this. As long as we improve the technology for other resources such as coal, nuclear, hydropower, wind, solar, etc, DRILL ALSO! Why Obama or any Democrat would be against drilling makes no sense.
42tealime 3 years ago 3
We need oil for most of our transport for at least another 15 years. Battery tech and elecrolysis is at least that far off for most and certainly major transport issues. Natural Gas would be a good local transport fuel and electrical plant fuel, as will wind and solar but combustion fuesl are still the best. Nuclear will help electrical production but not ease trnsport fuel demands. Like it or nt we need increased oil prodiction and refinement for next 2 decades, all things considered.
FarFromEquilibrium 3 years ago 2