A) Thank you for NOT DENYING DEMOCRAT SCHUMER'S CLAIM.

B) we need more drilling. Please reference what is going on with the supply for natural gas in comparison with the cost if you want extra credit to bring your failing grade to a D-.

 

The difference with nat gas is the large amount of engineered and proven reserves....about 100 years worth...gas companies are slowing down a little...because of the abundance.


Hey we do not have any rigs that are not drilling or being set up....

It is oil companies not the govt.

Cushing Oklahoma is full to the brim...where the hell you gonna put it?

You need to go check the inventories.

 

No we don't need more drilling and more drilling will have no effect what so ever on the price of gasoline or diesel. And that is especially true when they are not only are largest exports right now its been more than 50 years since we were exporters of gas and diesel.

Here's the latest rig report with highlights.

[FONT=Arial,Helvetica][SIZE=-1]

[/SIZE][/FONT]

http://www.wtrg.com/rotaryrigs.html

But the real question and the real story here is how come we have 670 rigs still drilling for natural gas when the price of natural gas has not been this low since the 1950's.

And the answer to that is very simple. Its because they want to get as many natural gas wells drilled and hydraulically fracked before the general public finds out just how destructive and polluting fracking is.

 

you fail at economics.

If they were sitting on productive land 'because they could' someone else, somewhere in the world would drill for oil to get their piece, then, it would lower the price of oil, because, just as DEMOCRAT SENATOR SCHUMER SAID TODAY ON THE SENATE FLOOR, greater supply will lower prices.

It's easy to see that this administration is already handing out cash to OTHER COUNTRIES to drill because Obama http://www.examiner.com/finance-examiner-in-national/obama-to-brazil-we-will-buy-your-oil-after-giving-you-2-billion-to-drill-it/ tells Brazil, we will buy your oil after giving you $2 Billion to drill it.

(what was he saying about sending jobs overseas again?)

 

LOFL.

OK, so the decision is believing you or DEMOCRAT SENATOR CHUCK SCHUMER.

 

My family has been in the oil since 1923 and I know what the fuck I am talking about....

 

No, now you are the one stupid enough to contend that a democrat suggesting that Saudi Arabia can make up for REDUCTION to the oil supply by Iran constitutes INCREASING supply.

Making up for the lost oil makes things equal not increased.

 

watch this video

http://video.cnbc.com/gallery/?video=3000062239

 

Damn now you're even spouting outdated total bullshit RickyRoma.

http://www.factcheck.org/2009/09/bogus-brazilian-oil-claims/

 

ck the govt leasing since 2009

http://www.blm.gov/wo/st/en/prog/energy/oil_and_gas/recent_lease_sales.html

 

Comprehension. It's a big word.

DEMOCRAT SENATOR CHUCK SCHUMER today on the Senate floor:

“With Iran’s saber-rattling, they might well cut off oil exports, the price has gone up and up and up,” (for the first graders, that means just the threat of lowering exports) Schumer said. He added that “those who speculate on oil use ... probably make it go up further.”

"To address this situation, I urge the State Department to work with the government of Saudi Arabia to increase its oil production, as they are currently producing well under their capacity."

Schumer said Wednesday that the Obama administration followed through on his request.

and

Sen. Charles Schumer (D-N.Y) applauded Saudi Arabia’s plans to increase oil output to make up for potential losses from Iran, arguing the move will lower gas prices.


​

And for the first graders, DEMOCRAT SENATOR CHUCK SCHUMER said that increasing oil output because Iran is only sabre rattling will LOWER GAS PRICES.

 

Can you see it this time.

And since you don't know what you're really talking about and are to dense to find out allow me to point out what's really going on here.

Senator Schumer is assisting President Obama in anti-Saber rattling using suggestions like this to keep the oil speculators at bay and keeping the price from setting new records by simply suggesting things like this.

And I can just hear you phony brainwashed parrots screaming socialism and communism if president Obama does use his limited power and taps the strategic reserves.

 

Charles Schumer on Energy & Oil Click here for 25 full quotes on Energy & Oil OR background on Energy & Oil.

• Voted NO on barring EPA from regulating greenhouse gases. (Apr 2011)
• Voted NO on protecting middle-income taxpayers from a national energy tax. (Apr 2009)
• Voted NO on requiring full Senate debate and vote on cap-and-trade. (Apr 2009)
• Voted YES on tax incentives for energy production and conservation. (Jun 2008)
• Voted YES on addressing CO2 emissions without considering India & China. (May 2008)
• Voted YES on removing oil & gas exploration subsidies. (Jun 2007)
• Voted YES on making oil-producing and exporting cartels illegal. (Jun 2007)
• Voted YES on factoring global warming into federal project planning. (May 2007)
• Voted YES on disallowing an oil leasing program in Alaska's ANWR. (Nov 2005)
• Voted YES on $3.1B for emergency oil assistance for hurricane-hit areas. (Oct 2005)
• Voted YES on reducing oil usage by 40% by 2025 (instead of 5%). (Jun 2005)
• Voted YES on banning drilling in the Arctic National Wildlife Refuge. (Mar 2005)
• Voted NO on Bush Administration Energy Policy. (Jul 2003)
• Voted YES on targeting 100,000 hydrogen-powered vehicles by 2010. (Jun 2003)
• Voted YES on removing consideration of drilling ANWR from budget bill. (Mar 2003)
• Voted NO on drilling ANWR on national security grounds. (Apr 2002)
• Voted NO on terminating CAFE standards within 15 months. (Mar 2002)
• Voted NO on preserving budget for ANWR oil drilling. (Apr 2000)
• Voted YES on ending discussion of CAFE fuel efficiency standards. (Sep 1999)
• Voted NO on defunding renewable and solar energy. (Jun 1999)
• Keep efficient air conditioner rule to conserve energy. (Mar 2004)
• Raise CAFE by a 4% per year until 2018. (Jul 2006)
• Rated 100% by the CAF, indicating support for energy independence. (Dec 2006)
• Designate sensitive ANWR area as protected wilderness. (Nov 2007)
• Let states define stricter-than-federal emission standards. (Jan 2008)

 

potential

noun
Definition of POTENTIAL

1
a : something that can develop or become actual <a potential for violence>

Antonyms: actuality, reality; certainty

(for you first graders, 'antonym' means opposite)

You're talking about an event that hasn't happened, the solution of which is taking action (increasing production above current levels) before the event happens.

We know, we know, you won't get it now either even though I tried to use the same crayons you did.

 

Oil prices lower after supply report
By The Associated Press – 2 hours ago

http://www.google.com/hostednews/ap...bBzPnA?docId=ad34b0ff32cb4dfc9195503f71850925

 

In other news:

STUMBLER PROVIDES EVIDENCE THAT INCREASING SUPPLY LOWERS THE COST OF CRUDE!!

Oil prices fell slightly on Wednesday after the U.S. government reported that the nation's crude supplies rose last week, as expected.​

see him brag about it here

 

Would this be a good time to point out that crude oil prices hit $140/barrel in 2008, the last year of the Bush Administration? Prices will have to go up another 32% to match that.

 

Obama gas prices:

 

And how come when the price of oil was 32% higher then the price of gasoline was just a little less than it is now?

Simple answer. We are being price gouged.

But People like RickyRoma will pretend its a "supply" problem and that president Obama has control over that.

 

Your president said it was necessary to increase energy prices.

HE'S NOT HELPING!!! NOR IS HE TRYING TO INFLUENCE THE MARKET.


oh, wait, the election is still several months away. Let's wait and see what he does as the election gets closer.