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OnyxCollie

(9,958 posts)

19. How are you going to force private companies to sell to the US,

Reply to hack89 (Reply #12)

Tue Oct 23, 2012, 06:01 PM

Oct 2012

and not whomever is the top bidder?

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US may soon become world's top oil producer [View all] Omaha Steve Oct 2012 OP

And Saudi Arabia plans to go 100 percent renewable FightingIrish Oct 2012 #1

I'm not sure where the article is going.... kwenu Oct 2012 #2

Saudi Arabia is almost definitely lying on their oil reserves NickB79 Oct 2012 #40

The only way for cheaper oil/gas is to nationalize the oil ErikJ Oct 2012 #3

nationalising dipsydoodle Oct 2012 #8

Gas is very cheap in some nationalized oil countries. ErikJ Oct 2012 #10

Any attempt to nationalize the oil companies OnyxCollie Oct 2012 #11

I think that's already happened. hunter Oct 2012 #13

The war in Iraq, the imprisonment of Gov. Don Seigelman, OnyxCollie Oct 2012 #18

We need to get the speculators out of the market. krispos42 Oct 2012 #16

It's all bullshit. Oil as well as all commodities go on global market and goes to highest bidder. DippyDem Oct 2012 #4

I think the point is that this could make some already stinking rich people in the US much richer... Locut0s Oct 2012 #5

Exactly correct! DippyDem Oct 2012 #7

What you said... SoapBox Oct 2012 #6

Because it makes a small subset of powerful people a FUCKING SHITLOAD of money to do so. nt Locut0s Oct 2012 #9

It says that increased domestic production could cut imports in half. hack89 Oct 2012 #12

How are you going to force private companies to sell to the US, OnyxCollie Oct 2012 #19

It doesn't matter where it ends up hack89 Oct 2012 #24

LOL! OnyxCollie Oct 2012 #26

Did you read the link? hack89 Oct 2012 #28

And? OnyxCollie Oct 2012 #30

I don't NoOneMan Oct 2012 #20

Thank you. This is the exact fucking point. antigone382 Oct 2012 #22

There was a drought this summer? NoOneMan Oct 2012 #25

What's up the salmon runs? sulphurdunn Oct 2012 #27

The drought took a major toll around my neck of the woods NoOneMan Oct 2012 #31

Don't know. sulphurdunn Oct 2012 #47

Just curious but AsahinaKimi Oct 2012 #14

People waited in long lines in the 70s truebluegreen Oct 2012 #17

New drilling techniques and high global oil prices NickB79 Oct 2012 #41

US proven oil reserves 20,680 million barrels krispos42 Oct 2012 #15

You mean this was done during the Obama years? Heavens to Murgatroid, the GOPers valerief Oct 2012 #21

Everyone should faint over this...or rather, they should blockade the oil executives' doors. antigone382 Oct 2012 #23

We've been there before. tabasco Oct 2012 #29

The US should attempt to produce as much oil as we consume, hughee99 Oct 2012 #32

We have NOT done that since 1969, and for at least 20 years afterward, the US was the #1 producer happyslug Oct 2012 #34

Given our current consumption, I realize that this isn't likely to happen hughee99 Oct 2012 #35

Yeah, because it's not like global warming is established science or anything NickB79 Oct 2012 #43

The US is responsible for 25% of the earth's oil consumption, hughee99 Oct 2012 #44

The problem is that CO2 release is global NickB79 Oct 2012 #45

The CO2 isn't the only environmental damage done by drilling. hughee99 Oct 2012 #46

Like I said, they're small potatoes NickB79 Oct 2012 #48

^ Wilms Oct 2012 #33

Awww, frack.:( NT booksenkatz Oct 2012 #36

We need to increase the motor fuel tax, so that income taxes don't subsidize the highways Kolesar Oct 2012 #37

Drill Baby Drill!!! budkin Oct 2012 #38

Scientists discovered that cracking the earth into tiny bits produces vast amounts of oil... Evasporque Oct 2012 #39

And if oil prices ever drop below $75/barrel, it all shuts down NickB79 Oct 2012 #42