Posted: Sun Mar 23, 2008 7:44 am Post subject: Re: EXCLUSIVE-Obama eyes active role in U.S. oil markets
Everything we read is conditioned by the circumstances surrounding the data capture. It looks to me like every single one of those statements were in direct response to a question by the interviewer.
Example: "Would Obama consider tapping the strategic oil reserve to bring down prices?"
Response:
"It would be on the table but normally that's meant to aid in the case of an acute disruption."
What gets reported:
' Obama would also consider tapping the Strategic Petroleum Reserve to bring down prices while recognizing that such a move is normally meant to aid in the case of an acute supply disruption, Grumet said.
"It would be on the table," he said. '
I don't think anyone knows exactly what transpired but I'm betting the information would be different if the interviewer had asked a more inert question, such as: "How would Obama address concerns with high fuel costs?" or something of the like.
Obama is too smart to not understand the role of the reserve and any impact it may have.
Posted: Sun Mar 23, 2008 10:29 am Post subject: Re: EXCLUSIVE-Obama eyes active role in U.S. oil markets
dinopello wrote:
Energy policy is one area where I've been less than impressed with Obama. But, then I haven't been impressed with any of them too much. McCain said ethanol was stupid, then said he would consider it and I don't know what he thinks on energy now. The article linked says this about McCain
Quote:
McCain, a Republican senator from Arizona, says the United States needs to eliminate its dependence on foreign oil.
Hopefully, there will be some honest discussion of this during the campaign.
when you depend on imported oil, unless you cut down consumption,
there is no solution, the US should get used to getting in line with
other oil importing countries.
Joined: Jun 13, 2007 Posts: 3642 Location: Minniesotuh
Posted: Sun Mar 23, 2008 1:43 pm Post subject: Re: EXCLUSIVE-Obama eyes active role in U.S. oil markets
dohboi wrote:
Why now nationalize the oil companies?
Most of the worlds oil (what is it, 95%?) is in the hands of national companies now anyway. These private oil companies are something of an anachronism. Don't just break em up BHO, nationalize the mo fo's! (Let the pro-capitalist rants begin!)
Well, gee, the other countries get to nationalize Their oil resources, why can't we? Somebody, somewhere is thinking that and trying to figure out how to do it before the country gets wise.
HHhmmm... Another Executive Order coming down the pike?? _________________ "RRrrruuuunnnn!!!" ~Apocalypto
Joined: May 23, 2004 Posts: 201 Location: Charlottesville, Virginia
Posted: Sun Mar 23, 2008 4:34 pm Post subject: Re: EXCLUSIVE-Obama eyes active role in U.S. oil markets
Sounds like the main point Obama is making is that increased competition will result in more oil being found. He implies that the majors are dragging their feet because exploration is expensive and with prices so high they have little incentive to spend.
I would say he is half right. The big conglomerates are not enthusiastic about drilling dry holes; but smaller companies may be interested in taking on the risk in this high price environment in hopes of getting lucky. Will this result in weaning us off foreign oil? Will it result in more oil actually being found?
I think the truth is that gas prices are high and Obama is trying to win a few votes by being an idea man and showing he is 'concerned' and has a 'plan'.
Joined: May 13, 2005 Posts: 2889 Location: The Urban Village
Posted: Sun Mar 23, 2008 6:34 pm Post subject: Re: EXCLUSIVE-Obama eyes active role in U.S. oil markets
Ardalla wrote:
I think the truth is that gas prices are high and Obama is trying to win a few votes by being an idea man and showing he is 'concerned' and has a 'plan'.
Yes, it would be more than a few if the others don't follow suit. If we had an oil shock this fall for example with a hurricane or something else, what would each candidate say ? The ones that said let the market work or oil is too cheap anyway aren't going to win. But, maybe if one is able to put together a convincing, intelligent speech on the matter, he or she could start to involve the public in understanding the root causes while still saying stupid stuff like tap the SPR.
Posted: Sun Mar 23, 2008 6:51 pm Post subject: Re: EXCLUSIVE-Obama eyes active role in U.S. oil markets
Ferretlover wrote:
dohboi wrote:
Why now nationalize the oil companies?
Most of the worlds oil (what is it, 95%?) is in the hands of national companies now anyway. These private oil companies are something of an anachronism. Don't just break em up BHO, nationalize the mo fo's! (Let the pro-capitalist rants begin!)
Well, gee, the other countries get to nationalize Their oil resources, why can't we? Somebody, somewhere is thinking that and trying to figure out how to do it before the country gets wise.
HHhmmm... Another Executive Order coming down the pike??
the US can nationalize their oil companies... the problem is ,
they don't have enough. They can invade Venezuela, and nationlize it
under the US... that may solve it. .....
Joined: Dec 18, 2004 Posts: 4454 Location: One Mile From the Columbia River
Posted: Sun Mar 23, 2008 8:12 pm Post subject: Re: EXCLUSIVE-Obama eyes active role in U.S. oil markets
Another reason people have to get off the Obama bandwagon. He's a 100% pure scam and people are falling for it. No surprise really... Americans generally vote for the worst in the presidential elections.
The SPR was never intended to be used for personal transportation vehicles. It's for farming, trucking, military and emergency vehicles. Currently the US SPR contains about 700 mb. In a catastrophic total shutdown of oil imports, we'll theoretically* suck the reserve dry in 70 days. Here's how:
Domestic production plus what we'll force Canada and Mexico to sell us adds up to around 10 or 11 mb/d. That's around half of what the US requires. Therefore tapping into the SPR at 10 mbpd to maintain the 'American way of life' means it will last 70 days until it's dry. If we somehow limit personal transportation use to 50% of the roughly 12 mbp/d currently squandered in this manner, it'll last around twice as long. Maybe 5 months.
The USA is skating on very thin ice, and it gets thinner and thinner all the time.
Even suggesting tapping the SPR for anything other than total war is flat out insane. Obama is not to be trusted as CIC.
* Maximum extraction rate is currently 4.4 mbpd _________________ Got Dharma?
Joined: Jun 26, 2004 Posts: 1189 Location: Madison,Wisconsin
Posted: Sun Mar 23, 2008 11:28 pm Post subject: Re: EXCLUSIVE-Obama eyes active role in U.S. oil markets
Quote:
I don't think anyone knows exactly what transpired but I'm betting the information would be different if the interviewer had asked a more inert question, such as: "How would Obama address concerns with high fuel costs?" or something of the like.
Obama is too smart to not understand the role of the reserve and any impact it may have.
Frank, it's comments like this that I enjoy coming to this site for. You have no idea how many people take one look at a line in a news story and don't think how the question framed the answer.
Now, for all the people who are hating on the Senator from Illinois I have this to say:
I don't see any of you running for or advising a president. Till you are doing one of those things, or at least actively trying to help someone get elected, your opinions on a political campaign don't exactly hold a lot of weight with people who Are doing one of those things.
Aside from that, most of the anti Obama stuff sounds more like sour grapes than anything else. Just because the guy is good at his job isn't really a reason to constantly go on the offensive at him.
A caveat to that whole little speech; I think most politicians are judged by very poor standards. They are looked at as symbols and not as people, and thus are judged by the standards of symbols. And talked about in the same manner. Unless you all here have been able to actually talk to Obama for more than 5 seconds, I'm highly doubting you have any more ability to judge him than you have the ability to judge Mcain or Hilary. _________________ Azreal60
Joined: Jun 13, 2007 Posts: 3642 Location: Minniesotuh
Posted: Mon Mar 24, 2008 7:51 am Post subject: Re: EXCLUSIVE-Obama eyes active role in U.S. oil markets
azreal60 wrote:
Quote:
I don't think anyone knows exactly what transpired but I'm betting the information would be different if the interviewer had asked a more inert question, such as: "How would Obama address concerns with high fuel costs?" or something of the like.
Obama is too smart to not understand the role of the reserve and any impact it may have.
Frank, it's comments like this that I enjoy coming to this site for. You have no idea how many people take one look at a line in a news story and don't think how the question framed the answer.
Now, for all the people who are hating on the Senator from Illinois I have this to say:I don't see any of you running for or advising a president. Till you are doing one of those things, or at least actively trying to help someone get elected, your opinions on a political campaign don't exactly hold a lot of weight with people who Are doing one of those things.
Aside from that, most of the anti Obama stuff sounds more like sour grapes than anything else. Just because the guy is good at his job isn't really a reason to constantly go on the offensive at him.
A caveat to that whole little speech; I think most politicians are judged by very poor standards. They are looked at as symbols and not as people, and thus are judged by the standards of symbols. And talked about in the same manner. Unless you all here have been able to actually talk to Obama for more than 5 seconds, I'm highly doubting you have any more ability to judge him than you have the ability to judge Mcain or Hilary.
a) Someone Must know what transpired-there was an interviewer, and an interviewee.
b) What proof do you have that "Obama is too smart not to understand the role of the SPR and any impact it may have?"
c) "don't think how the question framed the answer." Or, how the material was edited.
d) "Till you are doing one of those things, or at least actively trying to help someone get elected, your opinions on a political campaign don't exactly hold a lot of weight with people who Are doing one of those things." That certainly gives credence to the idea that the advisers are not doing their job correctlly-granted, it is highly possible that the majority of the sheeple have undeveloped opinions, it is the opinion of those very sheeple the campaigns are trying to sway.
e) " Just because the guy is good at his job isn't really a reason to constantly go on the offensive at him." You are comparing apples to oranges here. I have seen nothing that indicates he is good at his job (unless you are giving him credit for not getting caught at playing in a bathroom, on a FBI wiretap, hiding bribe money in the fridge, etc). As for "going on the offensive," the man is running for POTUS, after 7+ years of Bush&Co, everyone has every right to question his ability to fulfill that post!
f) "... I'm highly doubting you have any more ability to judge him than you have the ability to judge Mcain or Hilary." Oh, puhleeze! Now, your claim is that one must speak to a candidate for at Least 5 seconds before any opinion of them can be formed? Perhaps you are favoring Obama because you can spell his name?... _________________ "RRrrruuuunnnn!!!" ~Apocalypto
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