Is OPEC Done? America, Energy Self-sufficient by 2035 (Full Version)

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FatDomDaddy -> Is OPEC Done? America, Energy Self-sufficient by 2035 (5/14/2013 3:28:37 PM)

OPEC has always been greedy and manipulative... couldn't happen to a nicer organization!

(Not to mention all the gloom and doomer running around crying we are running out of oil, losing their collective minds over this)


BBC: US shale oil supply shock shifts global power balance




DomKen -> RE: Is OPEC Done? America, Energy Self-sufficient by 2035 (5/14/2013 4:14:23 PM)

quote:

ORIGINAL: FatDomDaddy

OPEC has always been greedy and manipulative... couldn't happen to a nicer organization!

(Not to mention all the gloom and doomer running around crying we are running out of oil, losing their collective minds over this)


BBC: US shale oil supply shock shifts global power balance

Which would you rather have? US shale oil or beef? You can't have both.




deathtothepixies -> RE: Is OPEC Done? America, Energy Self-sufficient by 2035 (5/14/2013 4:19:06 PM)


quote:

ORIGINAL: FatDomDaddy

OPEC has always been greedy and manipulative... couldn't happen to a nicer organization!

(Not to mention all the gloom and doomer running around crying we are running out of oil, losing their collective minds over this)


BBC: US shale oil supply shock shifts global power balance


that's fracking brilliant news, get back to me in 2035 when everything predicted turns out to be true




thompsonx -> RE: Is OPEC Done? America, Energy Self-sufficient by 2035 (5/14/2013 4:26:04 PM)


quote:

ORIGINAL: FatDomDaddy

OPEC has always been greedy and manipulative... couldn't happen to a nicer organization!

(Not to mention all the gloom and doomer running around crying we are running out of oil, losing their collective minds over this)


BBC: US shale oil supply shock shifts global power balance

What advantage do you see in the u.s. being energy self sufficient?




Politesub53 -> RE: Is OPEC Done? America, Energy Self-sufficient by 2035 (5/14/2013 5:10:01 PM)

I think a few are in for a shock if they think oil prices in the US will tumble.




FatDomDaddy -> RE: Is OPEC Done? America, Energy Self-sufficient by 2035 (5/14/2013 5:12:09 PM)


quote:

ORIGINAL: DomKen

quote:

ORIGINAL: FatDomDaddy

OPEC has always been greedy and manipulative... couldn't happen to a nicer organization!

(Not to mention all the gloom and doomer running around crying we are running out of oil, losing their collective minds over this)


BBC: US shale oil supply shock shifts global power balance

Which would you rather have? US shale oil or beef? You can't have both.



Something tells me you really believe this.




thompsonx -> RE: Is OPEC Done? America, Energy Self-sufficient by 2035 (5/14/2013 5:19:13 PM)


quote:

ORIGINAL: Politesub53

I think a few are in for a shock if they think oil prices in the US will tumble.

Did you get your mail?




DomKen -> RE: Is OPEC Done? America, Energy Self-sufficient by 2035 (5/14/2013 5:28:04 PM)

quote:

ORIGINAL: FatDomDaddy


quote:

ORIGINAL: DomKen

quote:

ORIGINAL: FatDomDaddy

OPEC has always been greedy and manipulative... couldn't happen to a nicer organization!

(Not to mention all the gloom and doomer running around crying we are running out of oil, losing their collective minds over this)


BBC: US shale oil supply shock shifts global power balance

Which would you rather have? US shale oil or beef? You can't have both.



Something tells me you really believe this.

Dig out a map of where the oil shale is. Now do the research to find out what percentage of American beef production is in the same area. That much beef out of the market would mean prices would rise quite a lot. Are you really willing to pay more than $10/lb. for ground chuck?




MrRodgers -> RE: Is OPEC Done? America, Energy Self-sufficient by 2035 (5/14/2013 5:56:51 PM)

First, it is the price of oil now that brings shale oil into play. Second, there is no way that the US will be oil independent because of not only the difficulties and destruction that takes place to get at the shale oil but because that supply will be so limited and slow that 2035 seems unrealistically optimistic.

All of the oil from fracking now isn't making us anymore independent.

For that reason, the US will be importing a very large segment of their oil and for all of this century.

Oh and BTW, OPEC will have influence as their supply announcements still strike fear in the hearts of the speculators. And as we all know, if you have been paying attention for 50-60 years...we are all slave to the speculator.




Owner59 -> RE: Is OPEC Done? America, Energy Self-sufficient by 2035 (5/14/2013 6:11:06 PM)


quote:

ORIGINAL: FatDomDaddy

OPEC has always been greedy and manipulative... couldn't happen to a nicer organization!

(Not to mention all the gloom and doomer running around crying we are running out of oil, losing their collective minds over this)


BBC: US shale oil supply shock shifts global power balance



Prolly not but they will always be a major player.


We might join it ourselves.




FatDomDaddy -> RE: Is OPEC Done? America, Energy Self-sufficient by 2035 (5/14/2013 7:29:13 PM)

Did you even read it?




Politesub53 -> RE: Is OPEC Done? America, Energy Self-sufficient by 2035 (5/15/2013 4:27:17 AM)


quote:

ORIGINAL: thompsonx


quote:

ORIGINAL: Politesub53

I think a few are in for a shock if they think oil prices in the US will tumble.

Did you get your mail?


Yes thanks. I sent a reply.




FatDomDaddy -> RE: Is OPEC Done? America, Energy Self-sufficient by 2035 (5/15/2013 7:54:54 AM)

The resentment from the left leaning posters to the pobability of American independence and meeting our own energy needs with our own oil is on full display.




thompsonx -> RE: Is OPEC Done? America, Energy Self-sufficient by 2035 (5/15/2013 8:06:18 AM)


quote:

ORIGINAL: FatDomDaddy

The resentment from the left leaning posters to the pobability of American independence and meeting our own energy needs with our own oil is on full display.



I ask you once again what is the benifit of the u.s. being energy independent?




ThatDaveGuy69 -> RE: Is OPEC Done? America, Energy Self-sufficient by 2035 (5/15/2013 8:09:04 AM)

I have no resentment over US energy independence - it would be a wonderful thing if we could collectively tell OPEC where to step off. The problem is with the environmental impact. Fracking is not a good idea, at least not how it is currently being performed. And pipelines leak - there's no way around it. So the question becomes Is it worth it? Is it worth destroying the Gulf Coast every-other decade? Is it worth having flamable drinking water? Is it worth the ever-increasing cost to extract every last drop of oil?

What I DO resent is the GOP/Neo-Conmen blocking every attempt to develop something other than oil. They even shut down the Pentagon's effort to develop alternative energy sources - talk about biting the hand that feeds!

I see oil being a large part of our energy needs for a long time. But there is no reason why we should not invest in other forms of energy. And no, I don't mean just the friendly, green stuff like wind & solar. They are important but aren't that large of a percentage. We need to look into hydrogen, salt reactors, battery life, and a dozen others so that we can LESSEN our dependence on oil no matter where it comes from.





Hillwilliam -> RE: Is OPEC Done? America, Energy Self-sufficient by 2035 (5/15/2013 1:59:19 PM)

Refined petroleum is already our biggest export.
The only thing that "drill baby drill" and putting oil shale into production will do is increase those exports and the associated profits without reducing the prices to the consumer at home.

The rich get richer and we still pay out the yingyang for gas.




thompsonx -> RE: Is OPEC Done? America, Energy Self-sufficient by 2035 (5/15/2013 3:19:05 PM)


quote:

ORIGINAL: Hillwilliam

Refined petroleum is already our biggest export.
The only thing that "drill baby drill" and putting oil shale into production will do is increase those exports and the associated profits without reducing the prices to the consumer at home.

The rich get richer and we still pay out the yingyang for gas.


Are you saying that even if the u.s. was energy self sufficient we would still be paying what we do now for fuel? Omg[:(]




Moonhead -> RE: Is OPEC Done? America, Energy Self-sufficient by 2035 (5/15/2013 3:40:39 PM)

The best deterrent to fuel consumption is overcharging for the stuff, so yes, he's probably right about that.
However much the gas lobby likes to blather about peak oil being a fallacy, they haven't been shy about shifting your country from an exporter to an importer since the '70s when that story started doing the rounds.




Politesub53 -> RE: Is OPEC Done? America, Energy Self-sufficient by 2035 (5/15/2013 4:53:42 PM)


quote:

ORIGINAL: FatDomDaddy

The resentment from the left leaning posters to the pobability of American independence and meeting our own energy needs with our own oil is on full display.


Anything to stop invasions for oil is fine by me.




Hillwilliam -> RE: Is OPEC Done? America, Energy Self-sufficient by 2035 (5/15/2013 9:47:02 PM)


quote:

ORIGINAL: thompsonx


quote:

ORIGINAL: Hillwilliam

Refined petroleum is already our biggest export.
The only thing that "drill baby drill" and putting oil shale into production will do is increase those exports and the associated profits without reducing the prices to the consumer at home.

The rich get richer and we still pay out the yingyang for gas.


Are you saying that even if the u.s. was energy self sufficient we would still be paying what we do now for fuel? Omg[:(]

yupper




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