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Drilling Oil Offshore

Old 06-18-2008, 01:37 PM
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Default Drilling Oil Offshore

Can we really refine it here in the US and be competitive with pricing?
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Old 06-18-2008, 01:59 PM
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Default Re: Drilling Oil Offshore

10 years before it even MIGHT make a difference, and then, it would just enter the international crude market and be sold at the going price. And remember, the ban on offshore drilling was one of GHWB's achievements.
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Old 06-18-2008, 01:59 PM
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Default Re: Drilling Oil Offshore

Not if the enviro-nazis have thier way and no new refineries are allowed to be built...

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Old 06-18-2008, 03:58 PM
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Dont forget, it doesn't make a chit if the when the oil would actually be ready for the market. Its all about perception. It would show the rest of the world "we are tired of getting screwed in the ass".
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Old 06-18-2008, 04:23 PM
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The enviro-nazis won't be happy until we go back to cave dwelling as our way of life....
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Old 06-18-2008, 04:39 PM
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Default Re: Drilling Oil Offshore

bobb - 6/18/2008 4:23 PM

The enviro-nazis won't be happy until we go back to cave dwelling as our way of life....

Very true except they will need right leaning red blooded Americans to harvest fish and game so they can eat. They don't have Starbucks and Whole Foods in cave land.
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Old 06-18-2008, 06:05 PM
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Default Re: Drilling Oil Offshore

With all the environmental standards, US labor rates, insurances in this country my guess would be that the price would be much higher per gallon........
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Old 06-19-2008, 05:31 PM
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REFINED PRODUCTS
As of January 2005, 89 percent (73.4 million bbl/d) of the world's 82.4 million bbl/d of crude oil refinery capacity was located in non-OPEC countries. Countries with high petroleum demand tend to have large refinery capacities. The United States has far more refinery capacity than any other country, with 149 of the world's 691 refineries, and a crude oil refinery capacity of about 16.9 million bbl/d (not including territories). Russia's refinery capacity stands at an estimated 5.4 million bbl/d. Japan (4.7 million bbl/d) and China (4.6 million bbl/d) are the only remaining countries with refinery capacities exceeding 3 million bbl/d.

There are several countries that are important to world trade in refined petroleum products despite very low (or non-existent) levels of crude oil production. For instance, Caribbean nations (including U.S. and European territories) have very limited oil production (233,000 bbl/d in 2004), but refinery capacity of about 1.7 million bbl/d. Much of this refined product is exported to the United States. Other countries that are important sources of refined petroleum products yet have very limited domestic production include the Netherlands, South Korea, and Singapore.


http://www.eia.doe.gov/emeu/cabs/nonopec.html


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Old 06-19-2008, 06:16 PM
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Default Re: Drilling Oil Offshore

If the Tree Huggers would allow new refineries to be built here it would help..

But when Oil Companies are looking at spend close to a BILLION for enviromental study to then be turned down because NIMBY ( Not In My Back Yard) why should they move forward on building new refineries..

Couple the "Special Blends" they must also produce in to equation for local EPA requirments the total Gas output from the existing refineries has been even further reduced...

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Old 06-20-2008, 10:51 AM
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Hopefully the "Not in my back yard" idea along with the sympathy for tree huggers will get overlooked in order to avoid world wide recession. Nobody can see an oil rig from 40 miles away. Who's to say that baby seals don't like pipelines? Fish seem to like oil rigs.
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Old 06-20-2008, 11:51 AM
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It sure would be nice to say **** YOU Opec!!!!! Just not sure...............

It brings up another question.....if the US decided to move forward and the tree huggers ended up playing second fiddle to all of it, would OPEC drop it's drawers (price wise) in fear of loosing the US as a dependent?
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Old 06-21-2008, 06:18 AM
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E-mail your house and senate members and ask them to support this bill:

http://www.house.gov/list/press/nc09...may292008.html written by NC's Sue Myrick. http://myrick.house.gov/

The Dems are blocking this bill from being brought up for a vote.

Then go to http://www.americansolutions.com/ and sign the petition.
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