Drilling begins

Enigma · 12-20-08, 11:53 AM

Quote:

Remember "drill, baby drill"? In its last weeks in office, the Bush administration is beginning to make it happen by quietly starting the process of exploration and drilling off the coast of Virginia. The state is ground zero for the drilling debate because of possible reserves off the coast and what energy experts see as a friendlier government than elsewhere

http://www.cnn.com/2008/POLITICS/12/...ing/index.html

Frame57 · 12-20-08, 12:02 PM

A day late and a barrell short...

SUBMAN1 · 12-20-08, 12:02 PM

Its about time.

AVGWarhawk · 12-20-08, 01:12 PM

I'm suprised they jumped on this so quickly. Usually it takes months if not years of study and read tape just to talk about it let alone starting the drilling process.

Rockstar · 12-20-08, 01:24 PM

I bet this good news for some of the watermen in Virginia. As developement, virus and over regulation of fisheries has pretty much put them out of business. Many already have moved on to tug & barge companies like Vane Bros. Now with offshore drilling it ought ot help even more out with jobs. Provided thats what they want to do of course.

Zachstar · 12-20-08, 10:23 PM

This would have been a good idea.

In 1988...

Task Force · 12-20-08, 10:26 PM

God I hope theres no spills, the bay and its surrounding areas is already polluted enough.

Zachstar · 12-20-08, 10:39 PM

Spills are not the problem with modern systems. Time is.

Look at OPEC. Big drop in price = GIANT drop in production to force it up.

We will NEVER be able to outlast the cartel's economic attacks by drilling because we simply cannot extract enough oil per day without completely destroying the environment. (And I mean complete as in wells that routinely spill oil all over the place)

ANY major development takes a decade at the minimum to have any impact. Even GTL and CTL technology. That is PLENTY of time for OPEC to "discover" a new field and yet again have that hammer to throw.

So at best we can say is. Whohoo! a few million that wont be going to the cartel! or whatever. I guess that means a mid level wont be able to afford a silver plated car this time.

Hylander_1314 · 12-20-08, 10:50 PM

Whoa, and I thought you were talkin' about goin' to the dentist.

JALU3 · 12-21-08, 02:28 AM

Quote:

Originally Posted by Zachstar

This would have been a good idea.

In 1988...

Would have been nice if they were allowed to back then. So, since you have to get started sometime, now is a better time than ever. More jobs, energy independence, responsible and more environmentally sound methods, and all that.

PeriscopeDepth · 12-21-08, 02:31 AM

Quote:

Originally Posted by JALU3

Quote:

Originally Posted by Zachstar

This would have been a good idea.

In 1988...

...energy independence...

To be clear, I am in favor of drilling. But suggesting it will bring us energy independence is ridiculous. It will help the situation, but by a small amount measured in fractions when you look at yearly consumption.

PD

A Very Super Market · 12-21-08, 02:42 AM

Sadly, drilling for oil is only delays the inevitable result.... running dry

August · 12-21-08, 11:21 AM

Quote:

Originally Posted by A Very Super Market

Sadly, drilling for oil is only delays the inevitable result.... running dry

Well that's sort of like saying:

"Sadly, being born only delays the inevitable result.... dying."

I think whether we eventually run dry or not it makes sense to use the resources we have.

SUBMAN1 · 12-21-08, 01:36 PM

Quote:

Originally Posted by August

Quote:

Originally Posted by A Very Super Market

Sadly, drilling for oil is only delays the inevitable result.... running dry

Well that's sort of like saying:

"Sadly, being born only delays the inevitable result.... dying."

I think whether we eventually run dry or not it makes sense to use the resources we have.

You forgot to include the fact that this won't happen in our lifetime. By then, we will be driving around with mini fusion powerplants in our cars.

-S

Kapitan_Phillips · 12-21-08, 03:02 PM

Quote:

Originally Posted by SUBMAN1

Quote:

Originally Posted by August

Quote:

Originally Posted by A Very Super Market

Sadly, drilling for oil is only delays the inevitable result.... running dry

Well that's sort of like saying:

"Sadly, being born only delays the inevitable result.... dying."

I think whether we eventually run dry or not it makes sense to use the resources we have.

You forgot to include the fact that this won't happen in our lifetime. By then, we will be driving around with mini fusion powerplants in our cars.

-S

Sorry, I had to.

12-20-08, 12:02 PM	#3
SUBMAN1 Rear Admiral Join Date: Apr 2005 Posts: 11,866 Downloads: 0 Uploads: 0	Its about time. __________________

12-20-08, 01:12 PM	#4
AVGWarhawk Lucky Jack Join Date: Jun 2005 Location: In a 1954 Buick. Posts: 28,253 Downloads: 90 Uploads: 0	I'm suprised they jumped on this so quickly. Usually it takes months if not years of study and read tape just to talk about it let alone starting the drilling process. __________________ “You're painfully alive in a drugged and dying culture.” ― Richard Yates, Revolutionary Road

12-20-08, 10:23 PM	#6
Zachstar Sea Lord Join Date: Feb 2005 Location: Shreveport, Louisiana Posts: 1,956 Downloads: 13 Uploads: 0	This would have been a good idea. In 1988... __________________

12-20-08, 10:26 PM	#7
Task Force Rear Admiral Join Date: Jul 2008 Location: SPACE!!!! Posts: 10,142 Downloads: 85 Uploads: 0	God I hope theres no spills, the bay and its surrounding areas is already polluted enough. __________________ Task Force industries "Taking control of the world, one mind at a time" Last edited by Task Force; 12-20-08 at 10:32 PM.

12-20-08, 10:39 PM	#8
Zachstar Sea Lord Join Date: Feb 2005 Location: Shreveport, Louisiana Posts: 1,956 Downloads: 13 Uploads: 0	Spills are not the problem with modern systems. Time is. Look at OPEC. Big drop in price = GIANT drop in production to force it up. We will NEVER be able to outlast the cartel's economic attacks by drilling because we simply cannot extract enough oil per day without completely destroying the environment. (And I mean complete as in wells that routinely spill oil all over the place) ANY major development takes a decade at the minimum to have any impact. Even GTL and CTL technology. That is PLENTY of time for OPEC to "discover" a new field and yet again have that hammer to throw. So at best we can say is. Whohoo! a few million that wont be going to the cartel! or whatever. I guess that means a mid level wont be able to afford a silver plated car this time. __________________

12-20-08, 12:02 PM	#2
Frame57 Sea Lord Join Date: May 2008 Location: 1300 feet on the crapper Posts: 1,860 Downloads: 2 Uploads: 0	A day late and a barrell short...

12-20-08, 01:24 PM	#5
Rockstar In the Brig Join Date: Nov 2002 Location: Zendia Bar & Grill Posts: 12,614 Downloads: 10 Uploads: 0	I bet this good news for some of the watermen in Virginia. As developement, virus and over regulation of fisheries has pretty much put them out of business. Many already have moved on to tug & barge companies like Vane Bros. Now with offshore drilling it ought ot help even more out with jobs. Provided thats what they want to do of course.

12-20-08, 10:50 PM	#9
Hylander_1314 Sea Lord Join Date: May 2006 Location: 5 Miles Inland West Of Lake Huron Posts: 1,936 Downloads: 139 Uploads: 0	Whoa, and I thought you were talkin' about goin' to the dentist. __________________ A legislative act contrary to the Constitution is not law. -John Marshall Chief Justice of the Supreme Court ---------------------

12-21-08, 02:42 AM	#12
A Very Super Market The Old Man Join Date: Dec 2008 Location: Deep in the Wild Canadian suburbs. Posts: 1,468 Downloads: 0 Uploads: 0	Sadly, drilling for oil is only delays the inevitable result.... running dry __________________ The entire German garrison of Vanviken, right here in your thread!