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<blockquote data-quote="wkmac" data-source="post: 361225" data-attributes="member: 2189"><p>Moreluck,</p><p> </p><p>If you are saying that "most everyone" meaning the folks here, I disagree. Even outside BC I still disagree. Now the slack jaws in media and politics, you may have a point but among us "normal" folk, I think drilling is not off the table. </p><p> </p><p>However, 2 problems with more drilling that we must at least face.</p><p> </p><p>1) We open up new areas of drilling only to see that oil be sold off into international markets for a higher price.</p><p> </p><p>That is business so it's something to think about.</p><p> </p><p>2) We drill adding to the market supply and OPEC cuts production furhter to keep the price of oil where it is.</p><p> </p><p>You say that makes no sense but consider this. You know you have a finite product in which a new source adds to the market. At the lower price you make less money while using up your finite product. By cutting your output in light of the new influx of supply, you still keep the price up while you make the same money as you would at the lower price but you now increase the longevity of the finite product stockpile so either way there's nothing lost although nothing gained and the same applies to us who use the oil and we're now using up our supply instead of theirs.</p><p> </p><p>What we need is something that competes head on with oil that does nothing to the supply to increase but instead decreases our demand on world oil markets. What if we could decrease domestic demand for oil to the point that what we had along say with Canada and Mexico was more than enough? Oil alone and drilling more alone over the longhaul is not enough to do this.</p><p> </p><p>How then would the entire geo-political/economic world of the Mideast look if we no longer needed any oil resources from outside our own North American footprint? What would happen if we so changed the face that we became a net exporter of oil because we couldn't use all that we produce, even at current drilling levels? What would that do to the bank accounts of those who hate us in the Middle East as our increasing supply in light of our dropping demand implodes global oil prices no matter how much they cut?</p><p> </p><p>That should be the goal and what we should stay focused on IMO and yeah, it'll hurt getting there but we're America, we can take it!</p></blockquote><p></p>
[QUOTE="wkmac, post: 361225, member: 2189"] Moreluck, If you are saying that "most everyone" meaning the folks here, I disagree. Even outside BC I still disagree. Now the slack jaws in media and politics, you may have a point but among us "normal" folk, I think drilling is not off the table. However, 2 problems with more drilling that we must at least face. 1) We open up new areas of drilling only to see that oil be sold off into international markets for a higher price. That is business so it's something to think about. 2) We drill adding to the market supply and OPEC cuts production furhter to keep the price of oil where it is. You say that makes no sense but consider this. You know you have a finite product in which a new source adds to the market. At the lower price you make less money while using up your finite product. By cutting your output in light of the new influx of supply, you still keep the price up while you make the same money as you would at the lower price but you now increase the longevity of the finite product stockpile so either way there's nothing lost although nothing gained and the same applies to us who use the oil and we're now using up our supply instead of theirs. What we need is something that competes head on with oil that does nothing to the supply to increase but instead decreases our demand on world oil markets. What if we could decrease domestic demand for oil to the point that what we had along say with Canada and Mexico was more than enough? Oil alone and drilling more alone over the longhaul is not enough to do this. How then would the entire geo-political/economic world of the Mideast look if we no longer needed any oil resources from outside our own North American footprint? What would happen if we so changed the face that we became a net exporter of oil because we couldn't use all that we produce, even at current drilling levels? What would that do to the bank accounts of those who hate us in the Middle East as our increasing supply in light of our dropping demand implodes global oil prices no matter how much they cut? That should be the goal and what we should stay focused on IMO and yeah, it'll hurt getting there but we're America, we can take it! [/QUOTE]
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