Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Oil Pumped From Ocean Wells IS NOT MEANT FOR USA

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
Son Of Wendigo Donating Member (71 posts) Send PM | Profile | Ignore Tue May-18-10 12:04 AM
Original message
Oil Pumped From Ocean Wells IS NOT MEANT FOR USA
Edited on Tue May-18-10 12:09 AM by Son Of Wendigo
The "Drill, Baby, Drill!" crowd are liars. Oil that's pumped out of the Gulf of Mexico or the California coast or Alaska's North Slope is not meant for or reserved for US ccnsumption. It is sold to the highest bidder on the world markets. China gets a lot of it. This would also be true of all the offshore drilling that Obama wants to do from Florida (east and west coasts) all the way up the Atlantic seaboard to New Jersey. We'd take the environmental risk but it would do absolutely nothing to reduce the amount of oil we have to buy.

This was clearly explained during Keith Olbermann's interview with Chris Hayes of the Nation Magazine a couple of weeks ago.

OLBERMANN: The arguments also, speaking from the right, that the "drill baby drillers," like half-Governor Palin, that domestic drilling remains crucial to energy independence, the oil that was--that's coming out very successfully right now, unfortunately, not into anybody's coffers but the B.P. oil and other companies in the Gulf and elsewhere, this is not--when it is not spilled and destroys ecology, it does not automatically go into the U.S. and does not automatically go into the domestic reserve.

It's sold on the open world market like every other --

HAYES: That's right.

OLBERMANN: -- barrel of crude that comes up safely out of the desert in -- you know, in Saudi Arabia. Wouldn't that make that entire "drill, baby, drill" argument, what's left of it after this disaster, sort of hogwash?

HAYES: Yes. It has been hogwash from the beginning.


For the rest of the interview, follow the link to Daily Kos.

http://www.dailykos.com/story/2010/5/4/863544/-Chris-Hayes-to-Olbermann:-Our-Gulf-Oil-gets-sold-on-World-Markets

The Democrats need to say this every time anyone says we need more oil wells off our coasts. That includes when Obama says it. It's also a lie coming from him.
Printer Friendly | Permalink |  | Top
aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-18-10 12:11 AM
Response to Original message
1. Unless, of course, we nationalize it.
After all, WE'RE A NATION FIGHTING TWO WARS. Anything's legal in wartime.
Printer Friendly | Permalink |  | Top
 
Toucano Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-18-10 12:17 AM
Response to Reply #1
2. Snowball's chance in hell of that happening.
That's not how the little game is played.
Printer Friendly | Permalink |  | Top
 
Drifter Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-18-10 09:34 PM
Response to Reply #1
16. I agree ...
If it is so important to National Security, it should be nationalized.
Take the obscene profits out of the industry, and ensure safety (to the environment).

Cheers
Drifter
Printer Friendly | Permalink |  | Top
 
FedUpWithIt All Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-18-10 12:24 AM
Response to Original message
3. Welcome to DU.
:hi:
Printer Friendly | Permalink |  | Top
 
Son Of Wendigo Donating Member (71 posts) Send PM | Profile | Ignore Tue May-18-10 01:11 AM
Response to Reply #3
4. Thank You
I've been here for awhile, but my health is poor and I read more than I write.
Printer Friendly | Permalink |  | Top
 
inna Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-18-10 01:15 AM
Response to Original message
5. insult to injury?

..
Printer Friendly | Permalink |  | Top
 
TacticalPeek Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-18-10 01:29 AM
Response to Original message
6. k&r

:kick:

Printer Friendly | Permalink |  | Top
 
MelissaB Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-18-10 11:49 AM
Response to Reply #6
7. ... and another K&R
:kick:
Printer Friendly | Permalink |  | Top
 
joeybee12 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-18-10 11:51 AM
Response to Original message
8. Abso-phucking-lutely! KNR
Printer Friendly | Permalink |  | Top
 
Taitertots Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-18-10 12:45 PM
Response to Original message
9. Oil is Fungible
Even if the Chinese buy the gulf coast oil it will still decrease domestic oil prices.


I don't think we should "drill, baby, drill". We need a long term solution and causing further oil dependence is not the answer. Cheaper oil just makes alternatives more expensive in comparison.
Printer Friendly | Permalink |  | Top
 
gristy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-19-10 12:04 AM
Response to Reply #9
23. Exactly.
Just what I was going to post, then I saw yours. Oil is Fungible. The open market for oil knows not nor cares where it came from.
Printer Friendly | Permalink |  | Top
 
blindpig Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-18-10 01:43 PM
Response to Original message
10. k&r
Printer Friendly | Permalink |  | Top
 
Canuckistanian Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-18-10 02:35 PM
Response to Original message
11. The oil companies pretty much said the same thing about ANWR
They said that if they were allowed to drill, the oil would probably go to Asian markets.
Printer Friendly | Permalink |  | Top
 
glinda Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-18-10 04:10 PM
Response to Reply #11
13. THAT really pisses me off thinking they keep trying to drill there.
Printer Friendly | Permalink |  | Top
 
thereismore Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-18-10 03:24 PM
Response to Original message
12. It is if we'd buy it... nt
Printer Friendly | Permalink |  | Top
 
Tsiyu Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-18-10 09:00 PM
Response to Original message
14. Welcome to DU

But..but...the Oil Profit $$$$ go to a CORPORATION and its CEOs and its ADVERTISING BUDGET (thanks to The Supremes, they'll spend even more on advertising, you betcha) and its LOBBYING EFFORTS


and then...




it all tinkles down on us! :bounce:




Why do you hate America and its Freedumbs?


:sarcasm:
Printer Friendly | Permalink |  | Top
 
lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-18-10 09:17 PM
Response to Original message
15. Why does seeing something in print that you already knew hurt so much more?
Can't be confirmation, because I didn't need that. Fucking A.
Printer Friendly | Permalink |  | Top
 
handmade34 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-18-10 10:04 PM
Response to Original message
17. most here know and understand this, but
it needs to be told again and again
Printer Friendly | Permalink |  | Top
 
Berserker Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-18-10 10:23 PM
Response to Original message
18. Great Post
thanks for that. Now I'm even more pissed.
Printer Friendly | Permalink |  | Top
 
BrklynLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-18-10 10:32 PM
Response to Original message
19. If I recall correctly, this was also true of the oil from the National Park in Alaska that
Edited on Tue May-18-10 10:34 PM by BrklynLiberal
the repukes were screaming to drill for.

They only want to help make more and more money for their benefactors....period.

EDIT:
ANWR..thank you Canuckistanian. I could not remember the name of it
Printer Friendly | Permalink |  | Top
 
grahamhgreen Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-18-10 11:49 PM
Response to Original message
20. This is true of all N American oil - it's the BIG LIE - all of our oil goes to the open market.
This is what the execs testified before congress - I remember wathcing the hearings
Printer Friendly | Permalink |  | Top
 
Mojeoux Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-18-10 11:51 PM
Response to Original message
21. Yes, this has to become common knowledge,
in the popular vernacular.
Printer Friendly | Permalink |  | Top
 
Berserker Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-18-10 11:52 PM
Response to Original message
22. This post should be a sticky.
Printer Friendly | Permalink |  | Top
 
D23MIURG23 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-19-10 12:09 AM
Response to Original message
24. Kick. Too late for a rec unfortunately.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Mon May 06th 2024, 04:25 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC