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Originally Posted by kscoyote  Considering he received merit-based scholarsips to Harvard, was editor of the Law Review, received honors and kudos from the conservative faculty at the University of Chigago, and had conservative judges wanting him to clerk for them, I reckon any claims of being stupid or ignorant are just wishful thinking.
I suppose your preference is for career politicians, then? |
That and $1.40 will get you a cup of coffee at the local truck stop.
He has NO private business background, hell he does not even know what capital gains taxes affect! no leadership abilities, A shady background, and being part of the Chicago political machine should be reason enough not to vote for the crook! What was he a "community Organizer"?? whats that? someone who makes sure the man holes aren't missing?Not counting his association with some very unsavory characters, ie. Marxist and racist.
No I don't prefer carrer politicians but at least McCain knows which end of the tube the round exits to go down range!
As I said before, we are fixing to find out why only two sitting US Senators have ever been elected POTUS.
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Originally Posted by kscoyote Because we can't produce that much when it's cheap. All that's left is going to be expensive.
We have all kinds of reserves - shoot, now even Kansas is producing oil, but it's not cost effective unless it gets expensive. And even then it's not enough to last for any length of time unless it STAYS expensive for any length of time.
The wells in Kansas that are pumping now will shut down when/if it gets below 3.25 a gallon (which it already would be if the dollar weren't worthless).
The oil shale (which we have a LOT of and we can probably bring online faster than anything in ANWR) depends on it staying at 3.75 of last years dollars (last year, who knows what the dollar is worth now, I haven't kept track) and then we can produce all the oil mentioned in the article, but reducing demand is a lot cheaper than using those sources. |
Oil in the US is not worth pumping out of the ground when it gets below $25 a bbl.
And around $35 a bbl offshore. It's the other way around, it's not gas determining oil production it is the price of crude oil, but I see your point. As long as oil is cheap ( below $50) it will inhibit other energy sources and technologies. But I think those days are over with. Since other countries like China and India are consuming more oil and growing. If you remember in the early 80's when it looked like we were going to get serious about energy production and synthetic fuels, OPEC cut oil prices to rock bottom and even sold at a loss, to keep us as their #1 buyer. Today OPEC has more customers than to worry about us they will keep the price up as long as they can. The days of $15 a bbl. oil are long gone.
