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Obama sets out energy future for less dependency on oil

Discussion in 'The Soapbox' started by EnglishLady, Mar 31, 2011.

  1. EnglishLady
    Amazed

    EnglishLady Veteran Expediter

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    BBC News

    President Barack Obama has vowed to reduce US oil imports by one-third in little more than a decade.

    He said in a speech in Washington that America had to "get serious" about a secure and affordable energy future.

    Higher oil prices are threatening to hamper US economic recovery and there is growing dissatisfaction among car drivers with pump prices.

    Mr Obama said the US must move towards getting 80% of its electricity from clean energy sources by 2035.

    "We cannot keep going from shock to trance on the issue of energy security, rushing to propose action when gas prices rise, then hitting the snooze button when they fall again," he said during a speech at Georgetown University.

    Mr Obama said that presidents and politicians had for years promised energy independence through finding cleaner and more renewable sources.

    Petrol prices in the US have shot up 50 cents a gallon this year, reaching a national average of $3.58 a gallon last week.

    "We have to discover and produce cleaner, renewable sources of energy," Mr Obama said. "And we have to do it quickly."

    After Mr Obama's speech, Republican Senate Leader Mitch McConnell accused the Obama administration of trying to "lock up" US energy.

    He said plans like that which Mr Obama outlined to develop alternative energy in the future did little to relieve present high petrol prices.

    "The guy who's trying to make ends meet wants to know what you're going to do for him today, not 24 years from now," he said, quoted by the Associated Press.

    "We need to look elsewhere for our energy. The problem is that Democrats don't want us to use the energy we have. It's enough to make you wonder whether anybody in the White House has driven by a gas station lately."

    As well as increasing the use of alternative energies such as biofuels and making vehicles more efficient, Mr Obama said the US must raise domestic oil production.

    An Interior Department report published on Tuesday said that more than two-thirds of offshore exploration licences in the Gulf of Mexico have yet to be acted upon by oil companies.

    The department said that the sites could potentially hold more than 11 billion barrels of oil and 50 trillion cubic feet (1.42 trillion cubic meters) of natural gas.

    Mr Obama also embraced an expansion of nuclear power, but added that there would be a thorough review of power plants to ensure any lessons from the crisis in Japan were learned
     
  2. witness23

    witness23 Veteran Expediter

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    Drill baby, drill! :rolleyes:

    I really liked McConnell's comments:
    Some people just can't wrap their head's around the idea that the President is capable of doing two things at the same time. Looking at short term relief at the pumps and looking to the future for alternatives to Middle Eastern oil.

    Where is all this "energy" here in the great United States of America that will impact the price at the pump now?

    I wonder when the last time McConnell has driven by, or for that matter, pumped his own fuel?
     
    • xiggi

      xiggi Veteran Expediter Owner/Operator

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      The same excuse that has be used for twenty years by some not to use more resources we have here. It will take ten years to bring that oil to market. If they would have started when this excuse was used 10 or twenty years ago you would be seeing a difference today.

      If they started handing out permits today for more drilling for both oil and natural gas you would see an immediate drop at the pumps. Speculators drive the market and the more potential on the future market the lower the price.

      Just to remind those who believe the political double speak, leases are not drilling permits.
       
    • jpalmer

      jpalmer Seasoned Expediter

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      When Obama says we need to be more energy independent he really means we need to import less oil and charge more for it here. He could give to sheep about the price of gas at the pump.

      What else am i supposed to think when I hear him tell people to get a tune up when asked about high energy prices?

      This country cannot grow with high energy prices. Obama and his advisers have said numerous times they are not interested in growing America. They want America on the decline. Again, This isn't some conspiracy. That comes straight out of the mouth of people like Bill Ayers, Cass Sunstein and George Soros. All of which are Obama advisers.

      I'm not interested in being held hostage by high oil prices that are inflated by commodity trading perpetuated by free money from the fed.

      I want to prosper and grow in business and personal life. If I gotta tear through a bunch of liberal hacks to do that...So be it!!
       
    • witness23

      witness23 Veteran Expediter

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      Let me preface this by saying, I could care less if they started drilling in ANWR or not, but, oil and natural gas drilling has a lot of consequences that go along with it. With that said, it's just not as simple as putting a drill in the ground and America is better off, which I am sure everyone knows.

      Here is some good information on the subject. Yes, it is from MediaMatters, but I ask that you read it anyway. The sources they have are very important and credible. If someone can give "credible" sources saying we can reach energy independence by drilling here in the United States or the benefits of it, I personally would be interested in reading them. I highly recommend going directly to MediaMatters with the link provided for additional sources. I must warn you, this is very long, but if you care about this debate you need to read the entire article.

      Link: Experts Reject Fox News' Claim That Drilling Can Solve Dependence On Foreign Oil | Media Matters for America

      Experts Reject Fox News' Claim That Drilling Can Solve Dependence On Foreign Oil
      March 31, 2011 1:12 pm ET

      On Fox News, Eric Bolling advanced several energy myths that have been debunked by experts, including the claim that the U.S. could end its dependence on foreign oil by expanding domestic drilling.
      Click link above for the video

      Bolling Claims U.S. Can Reach Energy Independence Through Domestic Drilling
      From the March 29 edition of Fox News' America Live:

      Experts Reject Notion That U.S. Can Eliminate Oil Imports By Drilling

      Tom O'Donnell: "It Is Impossible For The U.S. To Ever Again Achieve Energy Independence From Oil Imports By Producing More Oil At Home." Tom O'Donnell, professor of Graduate International Affairs at The New School and expert on the globalized energy sector responded to Bolling's claim by stating "It is not possible given the level of US proven reserves, for the US to become 'energy independent' (in terms of oil)." Further, O'Donnell explained:

      Chris Nelder: Could We Achieve "True 'Energy Independence'"? "Through Drilling Alone, The Answer Is 'Not Even Close.' " According to energy analyst Chris Nelder:

      Amy Jaffe: Even If The U.S. Opened "All Areas For Drilling, We Would Still Have A Hard Time Eliminating 100 Percent Of All Need For Imports." In an email to Media Matters, Amy Jaffe, Rice University fellow in Energy Studies and director of the Energy Forum at the James A. Baker Institute responded to Bolling's claim that we wouldn't need to import oil if we expanded drilling in the U.S.:

       
    • witness23

      witness23 Veteran Expediter

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      Part II

      EIA: U.S. Will Still Import 41% Of Oil By 2030 Even If We Opened Vast New Areas To Drilling. U.S. Energy Information Administration has estimated that even if the Pacific and Atlantic coasts and the eastern Gulf of Mexico were all opened up to drilling, the U.S. would still be importing 41 percent of the oil we use in 2030. [EIA.doe.gov, March 2009]

      Bolling Blames High Gas Prices On Lack Of Domestic Production

      Bolling Cites Declining Domestic Production As Reason "Why Our Prices Are $3.59 At the Pump Now." From America Live:

      Industry Experts Agree: Expanding Domestic Production Won't Solve High Gas Prices

      Lou Crandall: "Gasoline Prices At The Pump Would Be Higher" Even If U.S. Had Increased Drilling Lou Crandall, chief economist of Wrightson ICAP LLC, an independent research firm that analyzes high-frequency economic data, told Media Matters via email:

      O'Donnell: "The Amount Of Extra Oil That The U.S. Would Produce" Would Have "Almost Insignificant" Effect On Prices. O'Donnell said blaming the high gas prices on the administration's drilling policy mistakes correlation for causation. O'Donnell further stated:

      AEI Scholar: "We Probably Couldn't Produce Enough To Affect The World Price Of Oil." According to a Greenwire article published by the New York Times:

      PolitiFact: Experts Agree That Expanding Offshore Drilling "Would Have Little Effect At The Pump Any Time Soon." From PolitiFact's evaluation of Rep. Debbie Wasserman Schultz's (D-FL) statement that a "5 percent increase in domestic production would increase the world supply by less than 1 percent and do almost nothing to our dependence on foreign oil. This would also have virtually no effect on the price of gas at the pump.":

      DOE In 2009: Reinstating Offshore Drilling Ban Would Increase Prices By Merely 3 Cents Per Gallon. From the Department of Energy's 2009 Annual Energy Outlook:

       
    • witness23

      witness23 Veteran Expediter

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      Part III

      Bush Administration Energy Department: Additional Offshore Drilling "Would Not Have A Significant Impact" On Crude Oil Prices Before 2030. According to a 2007 report by the U.S. Energy Information Administration:

      EIA Analyst: Total Offshore Production Would Amount To "Less Than 1 Percent Of The Total Projected International Consumption" In 2030. From a September 2008 Scientific American article:

      Newsweek: Oil Prices "Determined By Global Supply And Global Demand." From a March 31, 2010, Newsweek commentary by Ben Adler:

      Bolling Pushes "Bogus" Claim That Obama Is Responsible For Ex-Im Loan To Brazil

      Bolling Claims Export-Import Loan To Brazil Shows Obama Favors Foreign Drillers. America Live:

      FactCheck.org: Claim That Obama Ordered Loan Is "Bogus." From a FactCheck.org article titled "Bogus Brazilian Oil Claims" which debunked the claim that President Obama loaned "$2 billion to Brazil's oil company to benefit China and George Soros":

      Ex-Im Bank: "Bipartisan Board Unanimously Approved The Preliminary Commitment To Petrobras ... Before Any Obama Appointees Joined The Bank." According to a fact sheet issued by the Export-Import Bank of the United States:

      Forbes Contributor: "The President Of The United States Does Not Decide Who Gets Export-Import Bank Loans." In a blog post on Forbes reporting on the renewed controversy regarding the Export-Import Bank loan to Petrobras, former Dow Jones reporter Kenneth Rapoza wrote:

       
    • purgoose10

      purgoose10 Veteran Expediter

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      Talk about a subject that will get the attention of Truckers.
      It's already proven that Numb Nut doesn't give a rat's behind about the gas prices we pay. As someone said who can wait 25 years down the road for better prices. It is also proven that drilling in ANWR can be added into the Alaskan pipe line in under two years. But what good will that do? All the refinery's in this country are running over 85%, and they won't build anymore because the environmentalists won't let them. So why pump oil if you can't make nothing out of it???? Also we send 4o% of Prudo Bay oil over to N. Korea and Japan and we import 8,000 barrels a day from China. Yes China. So why don't China send it to their friends in North Korea?? You can go on and on about the oil game, it's still nothing but Politics plain and simple. Washington bureaucrat's don't care about the American people and that Numb Nut president we got is leading them:eek:.
       
    • jpalmer

      jpalmer Seasoned Expediter

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      if we would have allowed onshore drilling 30 years ago we wouldn't be in this mess.

      Media Matters is a 501(c)(3) Not for profit. They are restricted by the IRS from targeting organizations for political purposes. Therefore that makes them illegitimate. Because they've publicly stated that their main goal is to silence the Conservative microphones.

      I don't care whether somebody likes what fox news says or not. Media Matters is breaking the law. Anybody who breaks the law for political gain has no legitimacy. I ask again. Why can't there be a debate instead of the constant efforts in silencing the opponent?
       
    • witness23

      witness23 Veteran Expediter

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      Nice "Strawman".
       
    • witness23

      witness23 Veteran Expediter

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      We didn't, and we would still be in this mess. As long as the world depends on oil this will never go away.
       
    • jpalmer

      jpalmer Seasoned Expediter

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      God Forbid somebody stand for integrity and the rule of law..

      1, Eliminate rampant speculation by making them risk 100% of their money when trading commodities or take commodities off the market.

      2, Drill for oil everywhere you can. Continue to research into other forms of energy. You can't choke off consumers and expect them to go out and buy 40 thousand dollar electric cars when you've sucked them dry through high oil prices. that isn't logical.

      Cheap sustainable energy is the key to growth. Not expensive GREEN energy..
       
    • greg334

      greg334 Veteran Expediter

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      Lesson Number One

      Oil is a global commodity

      If you can grasp that basic and important concept, then you don't need the department of Energy or the US government meddling in where they can only **** it all up and having the last six presidents tell us about some fictional energy policy they are trying to get to.

      Regardless if there is a risk or not in the speculation (which there is a lot of risk), being a commodity it has its own force and movement regardless what we can, can't or won't do. There WILL NOT be a bit of difference if we have our own oil or use it from Libya or some terrorist group.

      The problem right now isn't the oil markets but the world media, what happens in vegas gets transmitted over the globe in a matter of a few seconds while what happens in Tripoli takes a bit longer - four seconds - but the oil market reacts without knowing if the news is good or bad and that is the emotion of the markets many don't just get.

      BUT the thing that most people miss is that the negitive impact to the environment WILL NOT happen if oil is drilled under our control. Say the Chinese are drilling in Africa, they have a negitive impact because they don't care.

      The best thing for the country is two fold, one is to uniform blends of fuel across the country (and the elimination of the EPA) and the defunding of the DoE.
       
    • Moot
      Confused

      Moot Veteran Expediter Owner/Operator

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      Yeah, ever since those crazy commie chinks got a taste of capitalism they don't care about anything other than making a yen. What this country needs is red blooded, environmentally responsible, all-American companies like B.P., Shell and Citgo extracting our precious oil.
       
    • layoutshooter

      layoutshooter Veteran Expediter Retired Expediter

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      What viable alternitives? Windmills? It takes a windfarm of 240,000 to equal ONE nuke plants output. Not to mention the potential of removing too much energy from the atmosphere and totally disrupting it. Electric cars? We have brown outs now due to the lack of generating capability. No range. Different kinds of pollution, in many respects WORSE than oil production. ACID. Take a tour of the oil fields around Oil City, PA. The area recovered quite well from the horrible mess the first oil production in the nation caused, EXCEPT, where acid destroyed everything. Those areas have not recovered. Battery cars have a LOT of acid to spill. Lithium mining is worse in pollution than coal mining. ****s destroy river systems and could adversely affect water supplies.

      There is NO free energy. EVERY form of energy is a double edge sword. When the government gets involved in energy production, restricts the people's freedom to use energy, DICTATES what energy is used by whom and when, we no longer have freedom.

      I wonder what Canada thinks of the idea of the U.S. cutting oil imports since MOST of the oil we buy from Canada. How will that affect their economy?

      Obama is NOT interested in "Clean energy". He is only out to destroy our economy and control the people. He is EVIL!
       
    • jpalmer

      jpalmer Seasoned Expediter

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      Agrees!!!

      We are not gonna see any improvements to our economy until we have a president and congress/senate that understands that.

      I'm not against helping the environment. I am against taking away from personal liberty in the name of helping the environment. I'm not about to lay down and allow it to. Happen either.

      p.s no way to quote a post on the iPod app?
       
    • layoutshooter

      layoutshooter Veteran Expediter Retired Expediter

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      We live in the United States, WE can do it all if we just put our minds to it. We CAN have clean air and drive Hummers. WE CAN have potholes for ducks to breed in AND private land. The government is in the way. People can LEARN what the environment is, how it works and LEARN to work WITH it rather than against it.

      These problems will take YEARS to fix. They took YEARS to cause. When force is used, like the EPA, there is backlash and stalemates. When LEADERSHIP is used, solid ideas that outline the benefits to EVERYONE, THEN, good change can occur.
       
    • skyraider

      skyraider Veteran Expediter Retired Expediter US Navy

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      Hallelujah brothers and sisters,, just send me 20 dollars each from all eol members and I'll send u my free booklet: How I took ur 20 dollars and went to Obama Heaven, aaamen. lol

      PS; Harry and Nancy will be speaking tonite on Fox News to answer all ur questions on Fed X just for u all. How about that.
       
    • purgoose10

      purgoose10 Veteran Expediter

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      You guys shouldn't be picking on that Numb Nut we have for a president. :D:D
       
    • layoutshooter

      layoutshooter Veteran Expediter Retired Expediter

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      Picking on Numb Nut presidents is a grand American pastime rooted deep in history and tradition. I mean, really, those Numb Nuts make it SOOOOO easy!! :p
       
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