BREAKING: US President Barack Obama 'to extend oil drilling ban'

Thought it was coming..

US President Barack Obama is set to extend a moratorium on deep-water offshore drilling for six months, the White House says.

Source
Links to my previous post:-

Saw it coming...


Some may say its understandable due to the devastation this spill caused. But makes you think if scare tactics is one to stop the masses insisting we should do off-shore drilling instead of depending on Middle East.

[edit on 27-5-2010 by StealthKix]

[edit on 27-5-2010 by StealthKix]

[edit on 27-5-2010 by StealthKix]

That line of thinking is messed up. It's the "One rotten apple spoils the whole bunch" line of thinking that messes up the rest of the world in prospering. You know?

Well I never !

[edit on 27-5-2010 by Undercover_2010]

reply to post by Tormentations


We are way above average, so they offshore drills have to justify a need to drill. By this chart, there doesn't seem to be an immediate reason to continue the drill:

reply to post by Tormentations


Are you serious? That is like saying we shouldn't have to regulate the nuclear industry because Chernobyl was just one incident.

And with that will come a future with much higher fuel costs, raising the cost of everything, oil shortages and more middle eastern control over the USA, putting even more Americans out of work and ultimately bringing a death blow to our economy. Any escalations of tensions in the Middle East involving Iran and it will expedite this outcome.

Prepare for what is coming people, you do not have a lot of time here.

If you think you have seen bad times in your life, you haven't seen anything yet.

If you are feeling safe because you believe the government can fix this, or will rescue you if all else fails you are a fool.

They will fail, the dollar will devalue, hyperinflation will happen, millions more will lose jobs, consumables will have major difficulties reaching markets, states will be forced to cut even essential services, social systems will fail... No more checks, food stamps or free rides.

See you all in the emergency bread lines soon!

Never forget that despite all efforts to convince you otherwise, OIL is the life blood of our economy.

At least until a viable alternative is found.

Our economy really began to falter when there was a major spike in oil prices some time ago.

If we can't replace it, and demand rises along with dependence on foreign sources then we are screwed.

Every penny per gallon for fuel has an affect on all business in this nation.

Oil needs to be replaced with an alternative before we stop using it.... It is suicidal for our economy to do anything that would inhibit domestic exploration and production.

Sit back and enjoy the show.

Up next... Cap and trade!

reply to post by Fractured.Facade


Or Americans lessen their dependance on oil.

Originally posted by nixie_nox
reply to post by Fractured.Facade

 

Or Americans lessen their dependence on oil.

Of course, people should just stop driving right?

Oil as our energy source is how everything around you and in your home, including your food got there... All of it!

Either ships, trains, and millions of trucks... All burn a lot more fuel than cars, all of them charge rates based on fuel prices.

Americans can reduce their own personal dependence on oil, but our economy can't... NOT YET!

There is no alternative... at least nothing viable.

How do you get a truckload of frozen foods, or meats to market without diesel fuel and a truck?

Average loads weigh 45,000 pounds?

Can we use solar, or wind power for that?

Horses?

How do we keep it cold while being transported? Refrigeration units on trucks also need diesel fuel.

What about EVERYTHING ELSE?

Including international trade?

Our economy is entirely dependant on oil, like it or not, it is the reality, anything that affects oil production and costs will have profound impact on our entire economy.

Again, it may sound easy for Americans to be less dependant on oil, but it isn't at all that easy.

Good luck making it happen in time to prevent the inevitable economic disaster that will come soon enough.



Don't wake up to this when it is too late for you!

reply to post by StealthKix

Well,there probably was not any company's planning on drilling in the next 6 months anyway.

It is something you have to plan ahead for,you can't just decide to do it today and start drilling next week.

This makes it sound like their "cracking down",when actually they're not.

They do try to do it when they have the good weather and it is actually late in the season.

Way to go Obama,"get tough"(sarcasm).

[edit on 27-5-2010 by Oneolddude]

reply to post by Oneolddude


When all is said and done this 6 months will seem insignificant.

If you can't decrease dependence on foreign oil, and you can't increase domestic production what other way is there to decrease dependence?

This has been the extreme leftist agenda all along...

You decrease domestic dependence on oil by making it so expensive that few can afford it... How?

Cap and Trade will git-er-dun!

Taxing the oil industry, new strict regulations and restrictions on domestic exploration and production of oil, then you tax energy consumption in every way possible.

They will pass this soon, thanks to BP.

You ain't seen nothing yet.

Let's not forget the U.S. companys are not the only ones drilling in the gulf. What should be done with them? I think it's time for rational thinking by the white house instead of grasping for straws.

Alternative energy is the solution to power fuel reformers. These can then provide compatible gasoline alternatives as an intermediate solution.

Biodiesel is another way to meet the demand if people stop the worry about crops being used for other resources besides food.

Brazil is an example of a nation that has ended their oil dependency. It can be done. You probably seen reports where used vegetable oil is converted to biodiesel.

reply to post by nixie_nox


Lessen won't quite cut it I fear, replace maybe, and the figures on alternatives don't really stack up, and not just in the USA. Until we gain fusion...and that doesn't look as imminent as the crash...it's not looking great.

Remember how much we rely on petrochem' derivatives and energy to sustain our agriculture and hence it's prices - worldwide (fertilizer/transport). Scary stuff any great petro-chem supply disruption.

reply to post by dzonatas


I just had a quick look at Brazil's biodiesel progress, it does look interesting.

I read here recently USA has a bit of an issue re:peak-water having been reached already, if that's the case, would it be wise to embark on replacing mineral petro-chems with bio-fuel crops, for which Brazil's example would suggest water consumption may be one of the down-sides, whilst debate and other fears about food-price/availability remain unresolved?

reply to post by dzonatas


All of that that you said is not going to reduce demand by more than fractions of percentage points.

The USA is a large country, largest economy, commerce and business are dependant on oil period. That isn't going to change in the foreseeable future, there isn't a viable alternative or infrastructure set up to handle such an alternative, technologies, engines? conversions? are decades away from development and implementation.

Bio-diesel is a joke, it takes vast amounts of biomass and energy to make fuel from food... Food that can be used to feed hungry people... And for what?

So we can feel better because we are buying less foreign oil?

Because we produced .00000001% of our diesel from grains?

People need to get back into the reality we are actually in before it is too late to save the economy.

It may already be too late.

There simply isn't a viable alternative that will reduce enough of our dependence on oil at this time.

But there are political agendas, though very destructive they will reduce dependence, while destroying what is left of our once great economy.

So, you will get your wish.

Careful, what you wish for.

reply to post by Fractured.Facade


Also, for various reasons, Brazil, due to it's location, climate, weather, is/has been far less likely, as I understand it, to face the types of harvest failure due to climatic/weather variations that the USA, and it's most likely core growing areas have already, and seem likely to face again. Imagine placing such a large economy/society at the mercy of your harvest?

reply to post by curioustype


We are already at the mercy of the harvest, every year!

We (USA) through agriculture produce a lot of the edible biomass not just for our own nation and markets, but for export to other nations and economies.

How much of our seasonal harvest production can we sacrifice to grow corn for fuel?

We've already wasted too much already.

Global populations are growing, food production cannot be diverted to making bio-fuels without consequences to food supplies.

Wheat and Corn are too important to be seen as an alternative fuel, the land and resources as well as energy required to grow, harvest and make bio fuels simply isn't worth the sacrifice for energy.

The US economy is already very fragile, and apparently energy ignorance will doom that economy.

All we can do is watch it happen.

Originally posted by Fractured.Facade
reply to post by dzonatas

 

All of that that you said is not going to reduce demand by more than fractions of percentage points.

Please backup you claims, as that seems like quite an exaggeration.

Net Generation by Energy Source

2009: Total: 3,953,111
* Coal: 1,764,486
* Petroleum Liquids: 25,792
* Petroleum Coke: 13,035
* Renewable: 141,115
* ...

Renewable energy is already in more use over Petroleum by these numbers by that chart. This grid power could eliminate Petroleum usage completely. The grid can be used to power the reformers to further eliminate any need for offshore oil wells. The current goal is to eliminate all foreign crude oil imports into the U.S. Whatever Petroleum is moved off the grid can be rerouted to gasoline automobiles.

Buy hybrids. Get you local county to use natural gas or hydrogen powered buses.

There are many things that can be done... it's just a matter of doing it.

More Solar Energy being made available, here is the speech from yesterday:



[edit on 27-5-2010 by dzonatas]

reply to post by dzonatas


Um your source is for ELECTRIC POWER energy production only and does not have anything to do with FUELS.

Oil is not a major factor in that because the page you get that from deals with electric power production and energy sources broken down in Megawatt Hours monthly.

NOTHING at all on fuels or alternative bio fuels... Sorry.

If you want to believe in fairy tales, nothing I post here will help you.

Seeing is believing, soon enough you will see first hand the results of energy reform.

God help us all.

[edit on 27-5-2010 by Fractured.Facade]