OPEC makes largest oil production cut in history
12-18-2008, 04:35 AM
#12
Gets Weekends Off
Joined APC: Feb 2007
Position: 1st year pay for the 3rd time
Posts: 1,434
[quote=proskuneho;520956]Our national security "experts" should have weaned us off of foreign oil back in the 1970s. Its is amazing how much American energy money is turned against us. I'm certainly not a tree hugger, but uh - shouldn't we make it a national security priority to not NEED anyone that hates us?
I'll never forget watching September 11th unfold live while I was at work at an airport in Michigan. I will never forget watching masses of people in countries that we buy oil from CELEBRATE the terrorist acts by jumping up and down in the streets.
Are we STUPID for allowing ourselves to depend on countries like that?[/quote]
I too agree with your sentiment. But we still don't have a flipping domestic energy policy in this country. When oil goes back up, and it will, we'll wonder why we squandered our opportunity to produce more of our own energy.
And before you tree huggers give me a hard time, I want all sorts of energy produced in THIS country yesterday. Alternative fuels, solar, nuclear....ect
I'll never forget watching September 11th unfold live while I was at work at an airport in Michigan. I will never forget watching masses of people in countries that we buy oil from CELEBRATE the terrorist acts by jumping up and down in the streets.
Are we STUPID for allowing ourselves to depend on countries like that?[/quote]
I too agree with your sentiment. But we still don't have a flipping domestic energy policy in this country. When oil goes back up, and it will, we'll wonder why we squandered our opportunity to produce more of our own energy.
And before you tree huggers give me a hard time, I want all sorts of energy produced in THIS country yesterday. Alternative fuels, solar, nuclear....ect
12-18-2008, 10:22 AM
#13
Gets Weekends Off
Joined APC: Jun 2008
Posts: 357
Personally I think it all comes down to electricity. If we have an excess of electricity we can produce just about anything you could want for transportation. At this point I don't think we know which is best, I think left alone the free market will decide, but we need to get the legislators off thier a$$ and approve some of the new power plants which are being stalled by the NIMBY principle.
12-18-2008, 12:10 PM
#14
Prime Minister/Moderator
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 39,253
Originally Posted by proskuneho
I will never forget watching masses of people in countries that we buy oil from CELEBRATE the terrorist acts by jumping up and down in the streets.
12-18-2008, 02:59 PM
#15
Gets Weekends Off
Joined APC: Aug 2008
Position: Enjoying the view
Posts: 407
Short sighted politicians and business "leaders"
Originally Posted by The Chow
When oil goes back up, and it will, we'll wonder why we squandered our opportunity to produce more of our own energy.
Now that oil costs plummeted to where they really should be, most Americans don't care about energy anymore. It was almost impossible to buy a Hybrid vehicle just a few months ago, now nobody cares. I understand that everyone is worried about the economy but now the politicians are only chasing the symptoms of the recession instead of addressing the root causes!!!! Congress is doing what they have always done with major problems - throw more money that we don't have at the symptoms! Do any of them remember (or care enough to do something different) what caused this worldwide economic fiasco? Can you say UNCHECKED GREED in the oil and mortgage industries?
So, we allow ourselves to become dependent on those that hate us (including Hugo Chavez) for energy. Then we allow ourselves to be suckered into a mortgage that we can never pay back. By the way, the word "mortgage" comes from the old French words "mort" (dead) + "gage" (pledge); so called because the deal dies either when the debt is paid or when payment fails. Sound familiar?
So what is the point to this rant? We should all think of the long term consequences of our choices. Why would we accept a job at an airline that is dragging down the industry? Why would we accept a mortgage that we can surely not pay (although some people have legitimate unforseen circumstances)? Why do we complain about energy costs when they are high but not push for change KNOWING FROM HISTORY that they could enslave us again? It only takes a small shock to start an avalanche.
Anyway, I'm not aware of many serious plans to rid us of foreign energy dependence before 2050. This one seems somewhat reasonable though:
PickensPlan: The Plan
12-18-2008, 03:29 PM
#16
HOSED BY PBS AGAIN
Joined APC: Mar 2005
Posts: 1,713
Originally Posted by rickair7777
Not much. The smart arabs have used their money to diversify and prepare for the oil-less future.
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12-18-2008, 06:39 PM
#18
Line Holder
Joined APC: Oct 2006
Position: Sitting
Posts: 96
Originally Posted by proskuneho
It is amazing how quickly this country can slip back into lazy, sleepy complacency. Just a few months ago, America was screaming for energy. While the presidential candidates were bickering over whose paltry energy "plan" was "better", we had one side with only token stale ideas and one side chanting "drill baby drill". Both sides of the aisle amaze me with their lack of vision and foresight.
Now that oil costs plummeted to where they really should be, most Americans don't care about energy anymore. It was almost impossible to buy a Hybrid vehicle just a few months ago, now nobody cares. I understand that everyone is worried about the economy but now the politicians are only chasing the symptoms of the recession instead of addressing the root causes!!!! Congress is doing what they have always done with major problems - throw more money that we don't have at the symptoms! Do any of them remember (or care enough to do something different) what caused this worldwide economic fiasco? Can you say UNCHECKED GREED in the oil and mortgage industries?
So, we allow ourselves to become dependent on those that hate us (including Hugo Chavez) for energy. Then we allow ourselves to be suckered into a mortgage that we can never pay back. By the way, the word "mortgage" comes from the old French words "mort" (dead) + "gage" (pledge); so called because the deal dies either when the debt is paid or when payment fails. Sound familiar?
So what is the point to this rant? We should all think of the long term consequences of our choices. Why would we accept a job at an airline that is dragging down the industry? Why would we accept a mortgage that we can surely not pay (although some people have legitimate unforseen circumstances)? Why do we complain about energy costs when they are high but not push for change KNOWING FROM HISTORY that they could enslave us again? It only takes a small shock to start an avalanche.
Anyway, I'm not aware of many serious plans to rid us of foreign energy dependence before 2050. This one seems somewhat reasonable though:
PickensPlan: The Plan
Now that oil costs plummeted to where they really should be, most Americans don't care about energy anymore. It was almost impossible to buy a Hybrid vehicle just a few months ago, now nobody cares. I understand that everyone is worried about the economy but now the politicians are only chasing the symptoms of the recession instead of addressing the root causes!!!! Congress is doing what they have always done with major problems - throw more money that we don't have at the symptoms! Do any of them remember (or care enough to do something different) what caused this worldwide economic fiasco? Can you say UNCHECKED GREED in the oil and mortgage industries?
So, we allow ourselves to become dependent on those that hate us (including Hugo Chavez) for energy. Then we allow ourselves to be suckered into a mortgage that we can never pay back. By the way, the word "mortgage" comes from the old French words "mort" (dead) + "gage" (pledge); so called because the deal dies either when the debt is paid or when payment fails. Sound familiar?
So what is the point to this rant? We should all think of the long term consequences of our choices. Why would we accept a job at an airline that is dragging down the industry? Why would we accept a mortgage that we can surely not pay (although some people have legitimate unforseen circumstances)? Why do we complain about energy costs when they are high but not push for change KNOWING FROM HISTORY that they could enslave us again? It only takes a small shock to start an avalanche.
Anyway, I'm not aware of many serious plans to rid us of foreign energy dependence before 2050. This one seems somewhat reasonable though:
PickensPlan: The Plan
Back to my 40 of King Cobra!
12-19-2008, 05:51 AM
#19
Flying Farmer
Joined APC: Jul 2006
Position: Turbo-props' and John Deere's
Posts: 3,160
Originally Posted by ryan1234
my very amateur opinion is that oil will be around $70-75 average next year... but time will tell.
12-19-2008, 08:00 AM
#20
Are we there yet??!!
Joined APC: Apr 2006
Posts: 2,010
Originally Posted by aerospacepilot
If we keep our consumption low, who cares if they cut production.
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