Offshore Oil Drilling and the Oil Rig Disaster in the Gulf

[RiversideGator]

Eazy:  You are totally wrong.  Drilling more will reduce prices in the short run.  The experts do not agree with you.  Only the left wing bloggers agree with you.

Mr. swiftboat himself (T. Boone Pickens) disagrees with you.

But then what does he know about the oil business anyway?

You make post after post claiming that whoever disagrees with your "dittohead" opinions knows nothing and is wrong.

Ha!

I guess you want to drill for more oil to bring the price down on the global market so that more Chinese can own autos and fuel them at a lower cost?

Or maybe you want to sever the connection between the global price of oil and our domestic oil so that Exxon can sell us domestically produced oil for 40% under global market prices? OK, I'm sure they will go for that.

Funny that midway relied on Pickens to make his case earlier.  Turns out what he said about Pickens was not exactly accurate.  By chance, I heard an interview with Pickens on the radio this morning.  He clearly stated that he was upset that the Democrats and Obama has distorted what he had said.  Pickens went on to state that he favored all oil drilling in America, including in ANWR and offshore.  He is simply opposed to importing so much foreign oil for national security reasons (it is unwise to rely on foreigners for key natural resources) and for economic reasons (it is unwise to send so many US dollars overseas to purchase oil).  Therefore, Pickens stated that he supports the diversification of energy in America in that he wants to see solar and wind used more for power generation and natural gas used for cars.  He stated that we will still need oil for jets and trucks no matter what.  He also favors battery powered vehicles when they become available.  All of this energy diversification will have the effect of lowering energy prices and of reducing our trade deficit, he said.  So, since midway has earlier established Pickens as an expert on all matters oil and energy, we must deem Picken's opinion true.  Thanks midway.   

BTW, you can get the podcast here:  http://www.lauraingraham.com/

[BridgeTroll]

Eazy:  You are totally wrong.  Drilling more will reduce prices in the short run.  The experts do not agree with you.  Only the left wing bloggers agree with you.

Mr. swiftboat himself (T. Boone Pickens) disagrees with you.

But then what does he know about the oil business anyway?

You make post after post claiming that whoever disagrees with your "dittohead" opinions knows nothing and is wrong.

Ha!

I guess you want to drill for more oil to bring the price down on the global market so that more Chinese can own autos and fuel them at a lower cost?

Or maybe you want to sever the connection between the global price of oil and our domestic oil so that Exxon can sell us domestically produced oil for 40% under global market prices? OK, I'm sure they will go for that.

Pickens went on to state that he favored all oil drilling in America, including in ANWR and offshore.  He is simply opposed to importing so much foreign oil for national security reasons (it is unwise to rely on foreigners for key natural resources) and for economic reasons (it is unwise to send so many US dollars overseas to purchase oil).  Therefore, Pickens stated that he supports the diversification of energy in America in that he wants to see solar and wind used more for power generation and natural gas used for cars.  He stated that we will still need oil for jets and trucks no matter what.  He also favors battery powered vehicles when they become available.  All of this energy diversification will have the effect of lowering energy prices and of reducing our trade deficit, he said.  So, since midway has earlier established Pickens as an expert on all matters oil and energy, we must deem Picken's opinion true.  Thanks midway.   

BTW, you can get the podcast here:  http://www.lauraingraham.com/

I heard him say nearly the same thing... I think it was Face the Nation or Meet the Press.  I also heard him say in that interview that America should drill everywhere we could for oil and exploit shale oil and oil sands...

[Midway ®]

Eazy:  You are totally wrong.  Drilling more will reduce prices in the short run.  The experts do not agree with you.  Only the left wing bloggers agree with you.

Mr. swiftboat himself (T. Boone Pickens) disagrees with you.

But then what does he know about the oil business anyway?

You make post after post claiming that whoever disagrees with your "dittohead" opinions knows nothing and is wrong.

Ha!

I guess you want to drill for more oil to bring the price down on the global market so that more Chinese can own autos and fuel them at a lower cost?

Or maybe you want to sever the connection between the global price of oil and our domestic oil so that Exxon can sell us domestically produced oil for 40% under global market prices? OK, I'm sure they will go for that.

Funny that midway relied on Pickens to make his case earlier.  Turns out what he said about Pickens was not exactly accurate.  By chance, I heard an interview with Pickens on the radio this morning.  He clearly stated that he was upset that the Democrats and Obama has distorted what he had said.  Pickens went on to state that he favored all oil drilling in America, including in ANWR and offshore.  He is simply opposed to importing so much foreign oil for national security reasons (it is unwise to rely on foreigners for key natural resources) and for economic reasons (it is unwise to send so many US dollars overseas to purchase oil).  Therefore, Pickens stated that he supports the diversification of energy in America in that he wants to see solar and wind used more for power generation and natural gas used for cars.  He stated that we will still need oil for jets and trucks no matter what.  He also favors battery powered vehicles when they become available.  All of this energy diversification will have the effect of lowering energy prices and of reducing our trade deficit, he said.  So, since midway has earlier established Pickens as an expert on all matters oil and energy, we must deem Picken's opinion true.  Thanks midway.   

BTW, you can get the podcast here:  http://www.lauraingraham.com/

If you would read the preface to my original post, it says that I don't necessarily endorse anything he says. But you conveniently leave that kind of stuff out of your non factual based discussions.

All we have determined here is that T. Boone pickens knows more about this subject that you, that's all.

And sorry, there is no appearance of Pickens on either meet the press or face the nation. I won't waste my time to find all of your mocking and derisive posts about solar, wind and electric cars, but I suppose that you have experienced revelations from God that have changed your thinking on those subjects. I have very rarely seen someone shift their position and then claim absolute consistency as you.

[RiversideGator]

1)  You used Pickens as "proof" that permitting oil drilling in future would not bring oil prices down now.  This is clearly not what he said.  You have been called on it.
2)  I never said Pickens appeared on any such TV show.  I heard him on the radio.
3)  I am in favor of cheap energy and high standards of living yesterday, today and tomorrow.  No change of opinion here, my friend.
4)  In some distant time when solar and wind can substitute for oil, natural gas and nuclear on an equal basis, I will be open to them.  Until then, let's drill and go nuclear.   

[BridgeTroll]

I said I saw and heard Pickens on Face or Meet... Could have been some other sunday news interview. Cannot find it but it does not matter...  I know what I heard.  The difference between T Boone and you Midway is he is putting his money where his mouth is.  He is investing BILLIONS for a wind farm in Texas... He fully expects to make a profit from it.  Feel free to put solar panels and a wind mill on your house Midway... I encourage it.  I believe what you will find however is that it DOES NOT MAKE ECONOMIC SENSE to do so at the Midway household.  For years I have waited... and waited for solar to make ECONOMIC SENSE so I could tap into this free and clean energy.  I am still waiting because at this time it STILL CANNOT BE JUSTIFIED by my houshold.  But please feel free to install at your house.  When you are up and running let me know and I will come over, shake your hand, buy you a beer, and gaze in awe at your solar array or windmill.  Every American should take a serious look at solar and wind... I encourage and believe in it... It will surely happen when alternatives come down in price or traditionals raise enough for alternatives to compete.

Until that blessed day comes we are reliant on coal and oil... for the forseeable future.  The pro drillers are simply saying that to reduce our dependance on foriegn oil and help bring down the price... Drilling our own natural resources is only common sense...

[Midway ®]

1)  You used Pickens as "proof" that permitting oil drilling in future would not bring oil prices down now.  This is clearly not what he said.  You have been called on it.
2)  I never said Pickens appeared on any such TV show.  I heard him on the radio.
3)  I am in favor of cheap energy and high standards of living yesterday, today and tomorrow.  No change of opinion here, my friend.
4)  In some distant time when solar and wind can substitute for oil, natural gas and nuclear on an equal basis, I will be open to them.  Until then, let's drill and go nuclear.   

Don't speak for me, Bubba. I don't need you to misconstrue for me what I said. You just stick to explaining what you said.

[RiversideGator]

Translation:  You just nailed me and I have no answer to what you said but I am too proud to admit it.

[RiversideGator]

BTW, here is Obama's plan to bring lower fuel prices to Americans:

[Midway ®]

BTW, here is Obama's plan to bring lower fuel prices to Americans:

You will be needing that. Seems your gasbag might be getting too bloated, check your pressure.

And BTW, congratulations on 2000 posts, gasbag.

[Midway ®]

I said I saw and heard Pickens on Face or Meet... Could have been some other sunday news interview. Cannot find it but it does not matter...  I know what I heard.  The difference between T Boone and you Midway is he is putting his money where his mouth is.  He is investing BILLIONS for a wind farm in Texas... He fully expects to make a profit from it.  Feel free to put solar panels and a wind mill on your house Midway... I encourage it.  I believe what you will find however is that it DOES NOT MAKE ECONOMIC SENSE to do so at the Midway household.  For years I have waited... and waited for solar to make ECONOMIC SENSE so I could tap into this free and clean energy.  I am still waiting because at this time it STILL CANNOT BE JUSTIFIED by my houshold.  But please feel free to install at your house.  When you are up and running let me know and I will come over, shake your hand, buy you a beer, and gaze in awe at your solar array or windmill.  Every American should take a serious look at solar and wind... I encourage and believe in it... It will surely happen when alternatives come down in price or traditionals raise enough for alternatives to compete.

Until that blessed day comes we are reliant on coal and oil... for the forseeable future.  The pro drillers are simply saying that to reduce our dependance on foriegn oil and help bring down the price... Drilling our own natural resources is only common sense...

Um..  as I recall, you excoriated some poor fellow the other day because he misspelled HK's name, and therefore you discounted everything else on that clip.

That having been said, how would you even know what Pickens said if you can't so much as remember where you heard it? Why should anyone attach any credence to your assertion?

Maybe it was just a dream?

Who knows?

[Midway ®]

Translation:  You just nailed me and I have no answer to what you said but I am too proud to admit it.

Ha Ha, Riversidegator, you are master of comedic hilarity!

[BridgeTroll]

I said I saw and heard Pickens on Face or Meet... Could have been some other sunday news interview. Cannot find it but it does not matter...  I know what I heard.  The difference between T Boone and you Midway is he is putting his money where his mouth is.  He is investing BILLIONS for a wind farm in Texas... He fully expects to make a profit from it.  Feel free to put solar panels and a wind mill on your house Midway... I encourage it.  I believe what you will find however is that it DOES NOT MAKE ECONOMIC SENSE to do so at the Midway household.  For years I have waited... and waited for solar to make ECONOMIC SENSE so I could tap into this free and clean energy.  I am still waiting because at this time it STILL CANNOT BE JUSTIFIED by my houshold.  But please feel free to install at your house.  When you are up and running let me know and I will come over, shake your hand, buy you a beer, and gaze in awe at your solar array or windmill.  Every American should take a serious look at solar and wind... I encourage and believe in it... It will surely happen when alternatives come down in price or traditionals raise enough for alternatives to compete.

Until that blessed day comes we are reliant on coal and oil... for the forseeable future.  The pro drillers are simply saying that to reduce our dependance on foriegn oil and help bring down the price... Drilling our own natural resources is only common sense...

Um..  as I recall, you excoriated some poor fellow the other day because he misspelled HK's name, and therefore you discounted everything else on that clip.

That having been said, how would you even know what Pickens said if you can't so much as remember where you heard it? Why should anyone attach any credence to your assertion?

Maybe it was just a dream?

Who knows?

Thats all you have??  That I cant remember what interview show I heard him on??    I expected sooo much more...

[Midway ®]

Riverside gator as a boy:

[Midway ®]

are you serious that the only people who are even half way denying the bush story is fox?

Uhh.... what does this mean?  Does it mean they were doing good things that the Government liked?

Both Harrimans and Bush were partners in the New York investment firm of Brown Brothers, Harriman and Co., which handled the financial transactions of the bank as well as other financial dealings with several other companies linked to Bank voor Handel that were confiscated by the U.S. government during World War II.

Union Banking was seized by the government in October 1942 under the Trading with the Enemy Act

I guess that was some "quaint misstep"? Would "trading with the enemy" have some equivalence with the more current and modern phrase "providing material support to Al Qaeda"? It's really all so vague and complicated that there's no way that the plain folk can understand. It's a good thing there's RG to set everyone straight with fair and balanced truth.

[Midway ®]

Whats this?

TRADING WITH THE ENEMY ACT (“TWEA”)
UNITED STATES CODE
TITLE 50. WAR AND NATIONAL DEFENSE
TITLE 50 APPENDIX -- WAR AND NATIONAL DEFENSE
TRADING WITH THE ENEMY ACT OF 1917
ACT OCT. 6, 1917, CH 106, 40 STAT. 411

Sec. 5. Suspension of provisions relating to ally of enemy; regulation of transactions in foreign
exchange of gold or silver, property transfers, vested interests, enforcement and penalties
(b) (1) During the time of war, the President may, through any agency that he may designate, and
under such rules and regulations as he may prescribe, by means of instructions, licenses, or
otherwise--
(A) investigate, regulate, or prohibit, any transactions in foreign exchange, transfers of credit
or payments between, by, through, or to any banking institution, and the importing, exporting,
hoarding, melting, or earmarking of gold or silver coin or bullion, currency or securities, and
(B) investigate, regulate, direct and compel, nullify, void, prevent or prohibit, any acquisition
holding, withholding, use, transfer, withdrawal, transportation, importation or exportation of,
or dealing in, or exercising any right, power, or privilege with respect to, or transactions
involving, any property in which any foreign country or a national thereof has any interest,
by any person, or with respect to any property, subject to the jurisdiction of the United States;
and any property or interest of any foreign country or national thereof shall vest, when, as,
and upon the terms, directed by the President, in such agency or person as may be designated
from time to time by the President, and upon such terms and conditions as the President may
prescribe such interest or property shall be held, used, administered, liquidated, sold, or
otherwise dealt with in the interest of and for the benefit of the United States, and such
designated agency or person may perform any and all acts incident to the accomplishment or
furtherance of these purposes; and the President shall, in the manner hereinabove provided,
require any person to keep a full record of, and to furnish under oath, in the form of reports
or otherwise, complete information relative to any act or transaction referred to in this
subdivision either before, during, or after the completion thereof, or relative to any interest
in foreign property, or relative to any property in which any foreign country or any national
thereof has or has had any interest, or as may be otherwise necessary to enforce the provisions
of this subdivision, and in any case in which a report could be required, the President may, in
the manner hereinabove provided, require the production, or if necessary to the national
security or defense, the seizure, of any books of account, records, contracts, letters,
memoranda, or other papers, in the custody or control of such person.
(2) Any payment, conveyance, transfer, assignment, or delivery of property or interest therein, made
to or for the account of the United States, or as otherwise directed, pursuant to this subdivision or
any rule, regulation, instruction, or direction issued hereunder shall to the extent thereof be a full
acquittance and discharge for all purposes of the obligation of the person making the same; and no
person shall be held liable in any court for or in respect to anything done or omitted in good faith in
connection with the administration of, or in pursuance of and in reliance on, this subdivision, or any
rule, regulation, instruction, or direction issued hereunder.
(3) As used in this subdivision the term "United States" means the United States and any place subject
to the jurisdiction thereof, [including the Philippine Islands, and the several courts of first instance
of the Commonwealth of the Philippine Islands shall have jurisdiction in all cases, civil or criminal,
arising under this subdivision in the Philippine Islands and concurrent jurisdiction with the district
courts of the United States of all cases, civil or criminal, arising upon the high seas]: Provided,
however, That the foregoing shall not be construed as a limitation upon the power of the President,
which is hereby conferred, to prescribe from time to time, definitions, not inconsistent with the
purposes of this subdivision, for any or all of the terms used in this subdivision. As used in this
section the term "person" means an individual, partnership, association, or corporation.
(4) The authority granted to the President by this section does not include the authority to regulate
or prohibit, directly or indirectly, the importation from any country, or the exportation to any country,
whether commercial or otherwise, regardless of format or medium of transmission, of any information
or informational materials, including but not limited to, publications, films, posters, phonograph
records, photographs, microfilms, microfiche, tapes, compact disks, CD ROMs, artworks, and news
wire feeds. The exports exempted from regulation or prohibition by this paragraph do not include
those which are otherwise controlled for export under section 5 of the Export Administration Act of
1979 [50 USCS Appx. @ 2404], or under section 6 of that Act [50 USCS Appx. @ 2405] to the
extent that such controls promote the nonproliferation or antiterrorism policies of the United States,
or with respect to which acts are prohibited by chapter 37 of title 18, United States Code [ <=1> 18
USCS @@ 791 et seq.].
Sec. 16. Offenses; punishment; forfeitures of property
(a) Whoever shall willfully violate any of the provisions of this Act or of any license, rule, or
regulation issued thereunder, and whoever shall willfully violate, neglect, or refuse to comply with
any order of the President issued in compliance with the provisions of the Act shall, upon conviction,
be fined not more than $ 1,000,000, or if a natural person, be fined not more than $ 100,000, or
imprisoned for not more than ten years or both; and the officer, director, or agent of any corporation
who knowingly participates in such violation shall, upon conviction, be fined not more than $ 100,000
or imprisoned for not more than ten years or both.
(b)(1) A civil penalty of not to exceed $ 50,000 may be imposed by the Secretary of the Treasury on
any person who violates any license, order, rule, or regulation issued in compliance with the
provisions of this Act.
(2) Any property, funds, securities, papers, or other articles or documents, or any vessel, together
with its tackle, apparel, furniture, and equipment, that is the subject of a violation under paragraph
(1) shall, at the direction of the Secretary of the Treasury, be forfeited to the United States
Government.
(3) The penalties provided under this subsection may be imposed only on the record after opportunity
for an agency hearing in accordance with sections 554 through 557 of title 5, United States Code,
with the right to prehearing discovery.
(4) Judicial review of any penalty imposed under this subsection may be had to the extent provided
in section 702 of title 5, United States Code.
(c) Upon conviction, any property, funds, securities, papers, or other articles or documents, or any
vessel, together with tackle, apparel, furniture, and equipment, concerned in any violation of
subsection (a) may be forfeited to the United States

Uh Oh... Prescott is lucky he didn't wind up in the slammer....Can't remember though...was WWII a declared war? I think I heard something about that on some TV show somewhere...I wonder if there was any tackle?