[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

"The Democrat Meltdown Continues"

"Yes, We Need Deportations Without Due Process"

"Trump's Tariff Play Smart, Strategic, Working"

"Leftists Make Desperate Attempt to Discredit Photo of Abrego Garcia's MS-13 Tattoos. Here Are Receipts"

"Trump Administration Freezes $2 Billion After Harvard Refuses to Meet Demands"on After Harvard Refuses to Meet Demands

"Doctors Committing Insurance Fraud to Conceal Trans Procedures, Texas Children’s Whistleblower Testifies"

"Left Using '8647' Symbol for Violence Against Trump, Musk"

KawasakiÂ’s new rideable robohorse is straight out of a sci-fi novel

"Trade should work for America, not rule it"

"The Stakes Couldn’t Be Higher in Wisconsin’s Supreme Court Race – What’s at Risk for the GOP"

"How Trump caught big-government fans in their own trap"

‘Are You Prepared for Violence?’

Greek Orthodox Archbishop gives President Trump a Cross, tells him "Make America Invincible"

"Trump signs executive order eliminating the Department of Education!!!"

"If AOC Is the Democratic Future, the Party Is Even Worse Off Than We Think"

"Ending EPA Overreach"

Closest Look Ever at How Pyramids Were Built

Moment the SpaceX crew Meets Stranded ISS Crew

The Exodus Pharaoh EXPLAINED!

Did the Israelites Really Cross the Red Sea? Stunning Evidence of the Location of Red Sea Crossing!

Are we experiencing a Triumph of Orthodoxy?

Judge Napolitano with Konstantin Malofeev (Moscow, Russia)

"Trump Administration Cancels Most USAID Programs, Folds Others into State Department"

Introducing Manus: The General AI Agent

"Chinese Spies in Our Military? Straight to Jail"

Any suggestion that the USA and NATO are "Helping" or have ever helped Ukraine needs to be shot down instantly

"Real problem with the Palestinians: Nobody wants them"

ACDC & The Rolling Stones - Rock Me Baby

Magnus Carlsen gives a London System lesson!

"The Democrats Are Suffering Through a Drought of Generational Talent"

7 Tactics Of The Enemy To Weaken Your Faith

Strange And Biblical Events Are Happening

Every year ... BusiesT casino gambling day -- in Las Vegas

Trump’s DOGE Plan Is Legally Untouchable—Elon Musk Holds the Scalpel

Palestinians: What do you think of the Trump plan for Gaza?

What Happens Inside Gaza’s Secret Tunnels? | Unpacked

Hamas Torture Bodycam Footage: "These Monsters Filmed it All" | IDF Warfighter Doron Keidar, Ep. 225

EXPOSED: The Dark Truth About the Hostages in Gaza

New Task Force Ready To Expose Dark Secrets

Egypt Amasses Forces on Israel’s Southern Border | World War 3 About to Start?

"Trump wants to dismantle the Education Department. Here’s how it would work"

test

"Federal Workers Concerned That Returning To Office Will Interfere With Them Not Working"

"Yes, the Democrats Have a Governing Problem – They Blame America First, Then Govern Accordingly"

"Trump and His New Frenemies, Abroad and at Home"

"The Left’s Sin Is of Omission and Lost Opportunity"

"How Trump’s team will break down the woke bureaucracy"

Pete Hegseth will be confirmed in a few minutes

"Greg Gutfeld Cooks Jessica Tarlov and Liberal Media in Brilliant Take on Trump's First Day"

"They Gave Trump the Center, and He Took It"


Status: Not Logged In; Sign In

Opinions/Editorials
See other Opinions/Editorials Articles

Title: We Can't Drill Our Way Out of High Gas Prices
Source: AOL news
URL Source: http://www.aolnews.com/2011/03/09/o ... ur-way-out-of-high-gas-prices/
Published: Mar 9, 2011
Author: Roland Hwang
Post Date: 2011-03-09 22:29:29 by go65
Keywords: None
Views: 17439
Comments: 25

As the price of oil soars above $100 a barrel, Americans are experiencing sticker shock at the pump and economists are concerned about our fledgling economic recovery. Solutions exist that can get us off the oil market roller coaster, but they won't be found in more domestic oil fields.

No matter how vocal the drilling supporters become, they still won't be able to address America's acute vulnerability to the whims of the global oil market.

Click for Full Text!

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

Begin Trace Mode for Comment # 6.

#2. To: go65 (#0)

Some people would say we are being smart and sucking the foreigners dry before we use our own oil.

I think we should drill more though.

A K A Stone  posted on  2011-03-09   22:32:46 ET  Reply   Untrace   Trace   Private Reply  


#3. To: A K A Stone (#2)

Some people would say we are being smart and sucking the foreigners dry before we use our own oil.

I think we should drill more though.

Read the article - if we tap all the known reserves in the U.S. tomorrow we'll have a 3 year supply.

go65  posted on  2011-03-09   22:52:20 ET  Reply   Untrace   Trace   Private Reply  


#4. To: go65 (#3)

Read the article - if we tap all the known reserves in the U.S. tomorrow we'll have a 3 year supply.

Don't tell me you believe that.

A K A Stone  posted on  2011-03-09   22:54:14 ET  Reply   Untrace   Trace   Private Reply  


#6. To: A K A Stone (#4)

Don't tell me you believe that.

We have about 21 billion barrels of known reserves, we import about 4-5 billion barrels a year. So figure a 3-4 year supply if all known reserves are instantly tapped.

There's the possibility of another 100-120 billion barrels out there, but drilling would take years assuming it's feasible and you ignore the environmental impacts.

go65  posted on  2011-03-09   23:12:39 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 6.

#8. To: go65 (#6)

America is sitting on top of a super massive 200 billion barrel Oil Field that could potentially make America Energy Independent and until now has largely gone unnoticed. Thanks to new technology the Bakken Formation in North Dakota could boost America’s Oil reserves by an incredible 10 times,

http://www.nextenergynews.com/news1/next-energy-news2.13s.html

And that is just one state.

A K A Stone  posted on  2011-03-09 23:23:44 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 6.

TopPage UpFull ThreadPage DownBottom/Latest

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com