Gas Prices: Who's to Blame?

Madman · 04-22-2010, 11:28 AM

Quote:

Originally Posted by Redux

That has all be debunked repeatedly.....most recently by the USGS numbers you cited - 3-4 billion barrels in the Bakken Foundation......enough to supply less than one year at current consumption rates.

http://jacksonville.com/news/metro/2...as_oil_bonanza

Of course it has. Gotta saved the bugs and Elm trees.

04-22-2010, 11:32 AM

Quote:

Originally Posted by Madman

Of course it has. Gotta saved the bugs and Elm trees.

Hey...I was just using your own USGS cite...3 to 4.3 billion barrels in the Bakken Formation...no where near the 500+ billion barrels that was reported by a speculator wanting to sell shares in an energy investment scam.

The most recent inventory:

Quote:

These 11 areas (including Bakken Formation) encompass 99 million acres of Federal lands and contain an estimated 21 billion barrels of oil...

http://www.blm.gov/epca/

21 billion barrels "technically recoverable" (at what cost) and a current consumption rate of 7 billion barrels/year.

And that is your best solution?

Madman · 04-22-2010, 11:43 AM

Quote:

Originally Posted by Redux

Hey...I was just using your own USGS cite...3 to 4.3 billion barrels in the Bakken Formation...no where near the 500+ billion barrels that was reported by a speculator wanting to sell shares in an energy investment scam.

The most recent inventory:

21 billion barrels "technically recoverable" (at what cost) and a current consumption rate of 7 billion barrels/year.

And that is your best solution?

Are you telling me I'm wrong?

Well, I'll be dipped in shit.

Fuck it... Let's take over Iran then. Somebody needs to stop that asshole before he starts WW III.

Shale oil... we got lots of that. More than the entire world oil reserve combined.

Spexxvet · 04-22-2010, 11:46 AM

It's stupid to continue with a petroleum based energy plan. Conservatives need to take off their blinders and try to learn something.

Madman · 04-22-2010, 11:50 AM

Quote:

Originally Posted by Spexxvet

It's stupid to continue with a petroleum based energy plan. Conservatives need to take off their blinders and try to learn something.

We have... Never follow a liberal..

TheMercenary · 04-22-2010, 06:11 PM

Quote:

Originally Posted by Madman

We have... Never follow a liberal..

View Poll Results: Who is to blame for recent gas price increases?
Market speculators	14	40.00%
Oil companies	13	37.14%
Oil producing countries	8	22.86%
China	10	28.57%
US Automakers	9	25.71%
Lack of refining capacity	10	28.57%
US government/lawmakers	11	31.43%
The Federal Reserve	7	20.00%
Dark Markets	4	11.43%
TheMercenary	7	20.00%
US Consumers	12	34.29%
Other	13	37.14%
Multiple Choice Poll. Voters: 35. You may not vote on this poll

04-22-2010, 11:46 AM	#4
Spexxvet Makes some feel uncomfortable Join Date: Dec 2005 Posts: 10,346	It's stupid to continue with a petroleum based energy plan. Conservatives need to take off their blinders and try to learn something. __________________ "I'm certainly free, nay compelled, to spread the gospel of Spex. " - xoxoxoBruce

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