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#11
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#12
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| "E. Meyer" wrote: On 7/1/09 9:15 AM, in article Y-edndS27tvs8tbXnZ2dnUVZ_vydnZ2d (AT) bright (DOT) net, "jim" <"sjedgingN0Sp"@m@mwt,net> wrote: You are sharp as a tack. Right on top of things. It never fails. As soon as a liberal starts getting frustrated, they resort to personal attacks. That could well be true, but like just about everything else you have written it has nothing to do with anything that was previously said. How did liberals get dragged into this? The people who advocate a balanced budget are usually labeled as conservatives. Anytime you see the "liberal" or "right-winger" label tossed around, |
#13
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No, what I know is that there is sufficient oil to last centuries. We have not even begun to tap shale yet, but have known how to do so for decades. (I do have an unfair advantage, having worked years ago in the R&D lab of a major oil company.) You are the one chasing phantom "we're running out of oil" bogey men. |
#14
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"Roger Blake" <rogblake10 (AT) iname10 (DOT) com> wrote in message No, what I know is that there is sufficient oil to last centuries. We have not even begun to tap shale yet, but have known how to do so for decades. (I do have an unfair advantage, having worked years ago in the R&D lab of a major oil company.) You are the one chasing phantom "we're running out of oil" bogey men. There is a lot of oil in some shale deposits, but it is not cheap to extract it. That IS a fact. |
#15
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On 2009-07-01, jim <"sjedgingN0Sp"@m> wrote: Oh really, Well if there is an infinite supply that is being withheld Not "infinite," but very, very large. |
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from the market the only ones benefiting from that would be the oil producers. It is called hoarding and it is done to artificially jack up the price. It is called "environmentalism" and is used to prevent oil companies from drilling in places where oil may be found. |
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How does that work? I can see how taxing your pay check might be regarded as an assault in that way, but a tax on the oil companies? How is that an attack on the people? Taxes are not paid by corporations, but by their customers. |
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Put a huge tax on oil and all products based on oil or transported by oil go up, |
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and would be a death blow to an already faltering economy. |
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It is not a difficult concept to understand. (What will people do when the time comes to decide between feeding their families and feeding the government with more and more taxes?) |
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So about all you can know is that the bogey man is hiding under the bed. No, what I know is that there is sufficient oil to last centuries. |
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We have not even begun to tap shale yet, but have known how to do so for decades. |
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(I do have an unfair advantage, having worked years ago in the R&D lab of a major oil company.) You are the one chasing phantom "we're running out of oil" bogey men. |
#16
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Reason 1: Right now the most optimistic estimate for how much oil is in ANWR is about equivalent to what the nation uses in 4 years. ore realistic estimates are more like 2 years. And that oil belongs to the people of the United States not the oil companies. You are asking the people to sell that oil cheaply to the oil companies and they sell it back to us at whatever price they can get. |
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Actually there is no guarantee the oil companies will even sell it to Americans - they could sell it to Japan or China just as easily. |
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But the bottom line is if we sell it now then in the future it isn't going to be there - Then what happens? |
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.... Increasing the cost of oil may be fatal to the economy, |
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Where do you think the money is coming from that the government spends. Right now we are asking future generations to tax themselves to pay for a large portion of what the government is spending for us now. |
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Sure, oil is not going to run out any time soon. But it will get more expensive. And as we have seen in the last couple of years we cannot rely on oil prices remaining stable and low. |
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... we need to do what needs to be done to change the economy so that it can survive high oil prices. |
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Only a complete idiot would not be able to see that our current economy only functions well when oil prices are low and stable. Currently the economy is clearly incapable of withstanding the shocks of oil price fluctuations that are bound to come. |
#17
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On 2009-07-02, HLS <nospam (AT) nospam (DOT) nix> wrote: There is a lot of oil in some shale deposits, but it is not cheap to extract it. That IS a fact. So now that it has been demonstrated that we are NOT running out of oil, the subject is changed to the cost. Yes, the stuff will be more expensive to extract than conventional sources. But it is definitely available in very large quantities that will last a very long time. It is a pretty safe bet that by the time we actually run out of oil we will no longer need it. |
#18
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On 2009-07-02, jim <"sjedgingN0Sp"@m> wrote: Well I hope you are right because then there would be some hope for I am right. There are huge, untapped oil reserves in nontraditional sources such as tar sands, not to mention the enourmous amount of coal we have in the U.S. which can be used to create petroleum products. |
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Only a complete idiot would think that taxing oil to make it more expensive is going to somehow "help" the economy or make the price lower and more stable. |
#19
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On 2009-07-02, E. Meyer <epmeyer50 (AT) msn (DOT) com> wrote: If the price goes up because it costs more to produce, that's reasonable, but raising the price artificially through excess taxation as has been proposed is quite another. Agreed. In fact it could be argued that higher prices per barrel are a *good* thing because it will insure continued supply. |
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Quite a different matter than imposing confiscatory taxation. |
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But some people see ever higher taxes as the solution for nearly every problem, real or perceived. |
#20
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On 2009-07-01, News <Killspam (AT) invalid (DOT) kill> wrote: Do you see red under the bed as well? No, but I see plenty of red in the Congress and the White House. |
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