U.S. To Be World’s Top Oil Producer In 5 Years, Report Says...

Discussion in 'Blazers OT Forum' started by ABM, Nov 13, 2012.

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  1. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Wow. People suggest we spend many $trillions on solar or wind power, yet Thorium certainly looks possible for amounts in the $billions.

    My understanding is no chance of meltdown, no weapons grade material is produced, spent fuel is almost entirely consumed, and anything radioactive produced has a 1% of current tech's half life.

    It could be a big win. Tree huggers don't seem to mind covering 1/3 of our near pristine land with solar panels. One of these plants would be clean, safe, and quiet - AND would occupy a couple square city blocks worth of land to generate many many acres of solar panels worth of energy. And they work at night and when the wind isn't blowing.

    *shrug*
     
    Denny Crane, Nov 13, 2012
    #21
  2. Further

    Further Guy

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    I'm a tree hugger(not really) who would be thrilled if this pans out. But, until we have an answer, let's not turn our backs on other possibilities. Wind, solar might not ever be the answer, but lets continue to explore all the techs. Once one technology proves to be the winner, we can laugh at all the losers.
     
    Further, Nov 13, 2012
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  3. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    Energy independence doesn't mean we don't have to deal with global oil issues, unless we nationalize the oil companies. Anyone think that's going to happen, even with a raging socialist nazi terrorist Kenyan in the White House?

    Oil will only become more valuable, and 'our' multinational oil companies will still have major interests in oil in other countries. So they will continue to bribe the government to do things that benefit their overseas operations. Oil generated in this country will likely be sold overseas, and oil generated overseas will be imported to the US.

    More oil in the US does mean more jobs in the US, and more environmental damage in the US. I don't think it means fewer oil wars, but maybe it means we are fighting them from a position of strength rather than weakness. I'm not saying its a bad thing - it just doesn't cure all the oil problems.

    barfo
     
    barfo, Nov 13, 2012
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  4. Masbee

    Masbee -- Rookie of the Year

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    You are wrong. It is a huge deal.

    Why?

    In a crisis the government can control u.s. oil output.

    Thus, the leverage of the current major over tbe u.s. is dramatically reduced.
     
    Masbee, Nov 13, 2012
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  5. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    That's pretty much what I said: "unless we nationalize the oil companies". We could do it... but the bar is very high.

    barfo
     
    barfo, Nov 13, 2012
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  6. Masbee

    Masbee -- Rookie of the Year

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    Note the "in a crisis" part.

    Simply having the production in the U.S. territory (or all of North America if you consider those reliable partners in a major world crisis) is really all it takes.

    The U.S. government only needs the ability to take over the supplies and control that market to avoid being pressured or blackmailed by a foreign supplier. They don't actually have go through with the action.
     
    Masbee, Nov 14, 2012
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  7. Eastoff

    Eastoff But it was a beginning.

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    I blame Obama for not Drilling, baby, drilling.
     
    Eastoff, Nov 14, 2012
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  8. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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    Notice "5 years"; which is 1 year after Obama leaves office. Maybe by that time, our country will be in such a recession, that our only choice to inject new revenue into this economy, is to bite the bullet and allow drilling.
     
    magnifier661, Nov 14, 2012
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  9. Eastoff

    Eastoff But it was a beginning.

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    haha, i get it now! thanks
     
    Eastoff, Nov 14, 2012
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  10. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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    Yep this is paramount for the democrats to inject a legit renewable energy program. One that can actually compete with the oil industry. If that happens; then the Democrats will be sitting pretty good. In fact, that single event could give the donkeys a easy shot for the next term of presidency. If they cannot find it; then expect the GOP to jump on the "waste of money" pony show of renewable energy.
     
    magnifier661, Nov 14, 2012
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  11. maxiep

    maxiep RIP Dr. Jack

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    maxiep, Nov 14, 2012
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