Quote:
Originally Posted by Cruisingdad
I understand that, but it will take 15 years to get ANWR on line, and that same investment would be better suited to other sources that could actually provide, and substantiate, more than 5%.
Also, the high oil costs are what SPURS this nation into actually doing something. I guarantee you that if you were paying $1.50 for gas right now, there would be NO talk of solar or wind or nuclear or any other alternate source. Yet, if there had been 15 years ago, we would be in a different positio ntoday.
Regarding Florida and California and such, I owould love to hear the comments of those that sail offshore in Texas and LA on that. Those guys that run those platforms take horrendous care and thought into what type of navigational hazards they make for maritime traffic.
Go pull a chart on the known oil platforms in the gulf. Looks like someone shot the map with a shotgun. You will sit there and look at it and think: How am I ever going to get my boat through that!
- CD |
Now you're losing what support you might have from me. Perhaps you'd like to explain the mechanism by which the money invested in ANWR is going to be invested in other sources. Are we going to take Chevron's money and give it to the utility companies? You're not under the impression that the US government is going to be doing the drilling in ANWR are you?
You want to proceed with coal to oil before you drill for oil? That's like keeping the shades down in the daytime and then using a lamp to read.
Cam's post was spot on the money.
Since when was 5% chopped liver? The nature of the oil business has always been a little here and a little there.
Have you already forgotten the prior posts? There is no shortage of oil. There is though a speculative bubble in the market. I'll repeat again, the entire history of the oil drilling business has been one of steadily increasing proven reserves accompanied by screams that the end is near. Cam and I were around in the seventies when those dire predictions were made. We were fortunate enough to then live through a two decade span of cheap oil. and you expect us to believe you now when everyone like you was SURE that we were running out, thirty years ago.
I'm a bit perplexed at your references to the navigable waters of the Gulf of Mexico. I plied my trade there for many a year with no problems. Of course I was only on 80,000 ton tankers and not a deep draft Catalina.
I've asked before and still await an answer from you on just how we're going to invest in alternative energy sources and guarantee a successful result. You sound like you believe we'd have one yesterday if the gummint would just invest in these things. The gummint is busy investing in cancer and AIDS and doesn't have any money for solar cells or battery technology (the latter you've ignored). And just look at all the progress the government has made on those two things
If you're not a wack-job environmentalist you're sure putting on a good impression of one. Most of them have their blinders on also. (g)
Somebody is working on your ideas. It's obviously a tough row to hoe as there've been no breakthroughs on renewable energy. Did you think that no one was investing in that area with gas at $4+?