X2

I do however believe that it will be less than ten years. Plus as soon as we start drilling, speculators will let up and I think that too, will drive price down.

 

Offshore drilling will do alot more than just lower gas cost.

1.) It will make us that much less dependant on forign oil

2.) It will increase the supply hence lowering the cost.

3.) It will create jobs - New rigs will come online, new drilling platforms will come online. This will have an exponential impact on jobs. It takes people to produce the raw construction materials, people to build the rigs, people to work on the rigs, people to transport the workers back and fourth as well as the building and supply equipment ect.

4.) The jobs created will then put $$ into the hands of people who will spend it and even if on a small scale boost the economy.

5.) Both people and companies will move/relocate to be closer to the offshore drilling areas giving the area an economic boost.

All in all it is a win win for everyone. This country has turned into a monster in where(some of) its own citizens would rather see this country go down the tubes than hurt peoples/animals feelings. I am sure our founding fathers are rolling in their graves.

 

Well said

 

ive heard experts say as little as 3 years for some spots in the gulf. plus maybe the middle east will get a little nervous about us using less of theirs and more of our own and therefore lower the price a little. combine this with people buying more fuel effecient cars/trucks and driving less. im not getting too excited either, but im hopeful!

 

It will be very interesting to see if the oil companies jump on the ability to drill. I agree, it should be less than ten years.

 

Is Algore one of those experts?


Seems the Democrats want us to stay dependent on foreign oil longer, no matter what.

 

Huh?

 

Yeah its kind of a circle jerk with the Dems these days.

We can't drill our own oil so we have to get it from the middle east. The middle east is in tourmoil yet they want to pull all of our troops out ASAP.

So lets pull the troops out, any sense of order we have managed to create will colapse, the middle east will go right back to where it was, if not worse, considering every man who ever had asparations of being a war lord will try to snag the title. They will be fighting among each other so much they will destabalize oil production and export that we will have a hard time getting any.

So per the Dems "you must buy forign oil but the US will in no way ensure that we are able to get it"

100 years ago we would have went over there and annexed the entire region and simply taken what we wanted.

 

If gas prices drop another dollar i think the economic strain we (USA) are in would be greatly reduced....

 

well all that smoke coming from a f150 and that gorgeous girl. i think those are the two most beautiful pictures that could go together.

 

Nah they actually cracked down and arrested the rest of the tree sitters in Berkeley. They then dropped 46 trees the next day to build the new stadium complex.

 

There is that little matter of the bogus $850 billion bail out and lending freeze between the banks that would supply the capital to the oil companies so they could do all of the above mentioned things.
You can thank the idiots lending out hundreds of thousands of dollars to people working an hourly wage at McDonalds.....
cheese and rice

 

No I am not. Are you forgetting that most oil companies that would be doing the drilling are multi-national companies so they can use any financial institution in the world. If offshore drilling is allowed don't think for one second that Shell, Exxon, or any of the other big boys would have one bit of trouble financing new rigs and exploration.

 

Like you I would hope so but with entities like the IMF and europeon union questioning our sovereignty things aren't as easy as one might expect.

 

The problem with drilling is that UNLESS we have a way to refine the oil it is all going to be shipped to and sold overseas ONLY to be resold and re-shipped across the ocean back to us at an inflated price.