Quote:
Originally Posted by sailaway21
CD, for all his bloviations, cannot answer the question. Cam and other's have given him the answer and now, finally, he shows some signs of acceptance. A miracle I'd say. (g)
I'll throw my two cents in. We have to drill or we have to continue to pay the piper. It's our only option. Other options will make themselves known as time goes on and the price stays high. Again, if you're depressed that it takes so long to bring new oil fields to market just consider how much longer it takes to bring a viable and economical alternative energy source to market. It's tough to do because, while we've been working on many alternative energy sources for decades, there's about zero percentage of them that have developed to a point where they can even begin to replace that 25% of the oil we use.
CD and the government could throw 100 trillion dollars at alternative energy tomorrow and it's still take ten years to have even a minimal effect on energy use, let alone 25%. there's been more money invested and wasted on alternative energy in the last quarter century in this country than there were losing wagers on Big Brown. That doesn't mean that something won't work out in the future, or that gains were not made. What it does mean though is that we were colossally stupid in the past by spending government money on these projects instead of letting private industry do so, absorbing not only risk but reward. The only effective engine for change is the market. And at $4/gallon the market is looking real interested even in those Catalina bugs. The ones that eat waste material and excrete oil.
You can still try to answer the question if you'd like, CD, but I think the rest of us know it's unanswerable.
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Complete hogwash. Once again, you seem to missunderstand the very basics about which you talk.
Here, have a gander:
Will More Drilling Mean Cheaper Gas? - TIME
Of course, I am sure Time is wrong too, like the USGS, the oil comapnies, US DOE, US DOI, US MMT, and all the consultants. But you Sway have it all figured out: Drill Here, Drill Now, Pay less. SOunds simple - but ain't gonna happen. It cannot happen. To quote a famous president: READ MY LIPS - IT IS NOT POSSIBLE!
Cam, Tom, Sway, go read the article and let's discuss. That is exactly the point I have been making here.
And don't forget the challenge I have given you. It is a 2 way street. Don't put me on the research challenge of the century and sit back while I do all the work. I am working on mine.... are you? Your turn too. All I have done is given you the same challenge you have given me. Incidentally, mine is at least possible (at a great cost) where yours is not.
With that logic, would it not seem more reasonable to pursue the option that is at least possible than to continue to pursue an option that is certainly not possible??
- CD
PS I will have your question answered soon.