From: Jack Hollis on
On Sun, 7 Sep 2008 07:27:55 -0700 (PDT), annika1980
<annika1980(a)aol.com> wrote:

>> An increase in supply would reduce the price of oil globally. =A0
>
>Yes, if we drilled all the oil out of ANWR we could watch the price
>plummet by at least 2 or 3 cents per gallon.


An additional 2 or 3 million barrels a day would probably drive prices
down more than that. But it's not just ANWR that we're talking about.
Offshore drilling could add millions of barrels more a day and that
would have an effect.

Besides whatever oil the US produces domestically means less imports.
That means jobs for the US workers and profits for US companies.

Bottom line --- we're going to buy the oil from someone, it might as
well be from ourselves.
From: William Clark on
In article <zM6dne_tGtb54F_VnZ2dnUVZ_hCdnZ2d(a)centurytel.net>,
"The Moderator" <sparky@_engineer_.com> wrote:

> "William Clark" <wclark2(a)colnospamumbus.rr.com> wrote in message
> news:wclark2-58C619.08073906092008(a)charm.magnus.acs.ohio-state.edu...
> >
> > This is a war hero?
> >
> > William Clark
>
> Only a spineless coward such as yourself would ask that question. You have
> zero concept of service and sacrifice.

So you say - over and over and over again.

There must be some kind of echo in the room.
From: dene on

"annika1980" <annika1980(a)aol.com> wrote in message
news:8996123d-e0fa-4504-9fc9-2aeaa1059dfb(a)34g2000hsh.googlegroups.com...
On Sep 6, 10:57 am, Jack Hollis <xslee...(a)aol.com> wrote:
>
> An increase in supply would reduce the price of oil globally.

Yes, if we drilled all the oil out of ANWR we could watch the price
plummet by at least 2 or 3 cents per gallon.

-----------------------------------------------------

What's your theory for the price dropping 75 cents since July?

Let me guess....upcoming election.

-Greg


From: BAR on
William Clark wrote:
> In article <cqewk.30150$Fr1.13101(a)newsfe03.iad>,
> "Frank Ketchum" <nospamforme(a)thanksanyway.net> wrote:
>
>> "William Clark" <wclark2(a)colnospamumbus.rr.com> wrote in message
>> news:wclark2-C86C5D.10284705092008(a)charm.magnus.acs.ohio-state.edu...
>>
>>> Pardon? Miss Alaska would like to drill to line her pockets. Many of the
>>> rest of us would like to preserve something for nature, especially given
>>> that we will be done with oil within the next 50 years anyway.
>> Perhaps you should do a little research about all of the different products
>> that we use daily which are derived from oil. You are touching one of them
>> right now.
>
> And how stupid is it that we have allowed ourselves to become so totally
> dependent on it, when we could have invested in the research to produce
> alternatives years ago? Looks pretty dumb right now.

For a guy who spent years teaching and researching at the university
level about materials science it is pretty sad that you didn't apply
some of your own knowledge and experience towards the solving that problem.
From: BAR on
John B. wrote:
> On Sep 5, 8:16 pm, Jack Hollis <xslee...(a)aol.com> wrote:
>> On Fri, 5 Sep 2008 11:08:59 -0700 (PDT), "John B."
>>
>> <johnb...(a)gmail.com> wrote:
>>> Perhaps you should do a little research about how much oil the US has
>>> and how much it consumes. While you're at it, look at the Energy
>>> Information Administration's estimates of how much oil there is under
>>> ANWR and offshore, how long it would take to get it from the ground to
>>> the gas pumps, how long it would last, and what effect it would have
>>> on gas prices.
>> It it's absurd for the US not to drill for all the oil it can get its
>> hands on. It should have been done years ago and we wouldn't be in
>> the fix we're in today. All the Presidents back to Nixon share the
>> blame for lack of leadership on this issue.
>
> And people like you share the blame for thinking it would do any good.

Economics 101