Friday, June 27, 2008

Can We Drill For Oil Please? by Akindele Akinyemi

Have anyone taken a look at Barack "The Rock" Obama's position on oil?

Americans wouldn't see any benefit from the drilling for 10 years. He also criticized McCain for switching positions on lifting the 27-year-old moratorium on drilling, which would affect coastal areas of Florida.

Instead, Obama proposed investing more than $100 billion over the next decade to create sustainable energy programs he said would create jobs. He also said he opposed making nuclear energy the country's primary energy source because of environmental concerns about nuclear waste.

Now whether our not you are supporting Obama I am for drilling for oil ANYWHERE in the United States. Off shore, Arctic National Wildlife Refuge in Alaska (ANWR), Rocky Mountains, Great Lakes, your backyard, anything to lower gas prices. It's a shame you have to decide whether you are going to pay for diapers or put gas in your tank.

Obama is going around telling people that it will take 10 years to see the benefit for oil. However, Transocean, the biggest driller in the world said that depending on the location of the drilling, oil could be realized in as little as a year. So why is Obama lying for votes? And how come Black people are following his lies without reserching what he is saying?

Ultra-deepwater fields might produce in 3-5 years. For the most remote locations, without any prior infrastructure support, that barrel may require a 4-6 year window. I suggested 8 years and he said that he could not envision a situation where it would require more than 6 years to bring a barrel out of the ocean floor.

Another lie that Obama is saying from his website:

Meanwhile, the oil companies already own drilling rights to 68 million acres of federal lands, onshore and offshore, that they haven't touched. 68 million acres that have the potential to nearly double America's total oil production, and John McCain wants to give them more.

The Wall Street Journal reported the facts:

Companies don’t know how much oil is under the lands they lease, so they buy up large swaths in hope that a fraction will work out. Much of the area that isn’t producing, they say, doesn’t have oil or gas in commercially viable quantities. Moreover, bringing a new field into production can require years of mapping, testing, drilling and construction – during which time the land would show up in statistics as being ‘not in production,’ even as companies spend millions or even billions of dollars to bring it on line.

The Democratic talking points about how drilling for oil won't give us more oil is absurd and misleading.

While Democratic leaders fight against drilling in ANWR how come repeated polls of Alaskan residents show support for new drilling in Alaska in excess of 70%? What about the Alaska State legislature recently voted 56-2 urging Congress to open drilling in ANWR?

The next thing will shock you. Look at this below from the CNN/Money website.

Nation City Price in USD Regular/Gallon
Netherlands Amsterdam $6.48
Norway Oslo $6.27
Italy Milan $5.96
Denmark Copenhagen $5.93
Belgium Brussels $5.91
Sweden Stockholm $5.80
United Kingdom London $5.79
Germany Frankfurt $5.57
France Paris $5.54
Portugal Lisbon $5.35
Hungary Budapest $4.94
Croatia Zagreb $4.81
Ireland Dublin $4.78
Switzerland Geneva $4.74
Spain Madrid $4.55
Japan Tokyo $4.24
Czech Republic Prague $4.19
Romania Bucharest $4.09
Estonia Tallinn $3.62
Bulgaria Sofia $3.52
Brazil Brasilia $3.12
Cuba Havana $3.03
Taiwan Taipei $2.84
Lebanon Beirut $2.63
South Africa Johannesburg $2.62
Nicaragua Managua $2.61
Panama Panama City $2.19
Russia Moscow $2.10
Puerto Rico San Juan $1.74
Saudi Arabia Riyadh $0.91
Kuwait Kuwait City $0.78
Egypt Cairo $0.65
Nigeria Lagos $0.38
Venezuela Caracas $0.12

Now we buy oil from Hugo Chavez in Venezuela, who the U.S. calls a dictator but gasoline in 12 cents a gallon. They drill for their own oil. Even in Puerto Rico, a territory of the United States, gas is cheaper than the continental U.S.A.

So the next time you hear Obama talk about it takes 10 years to see the results of oil tell him and his followers to stop blowing smoke up your butt.

1 comment:

Anonymous said...


My concern is that by focusing on unrealistic QUICK FIX solutions, we are just scraping up a little more time to keep avoiding the real issue.

I question the validity of ANYONE pouring money into even more oil infrastructure. It makes more sense from a long-term perspective to invest in clean renewable technologies that will always be there for us to rely on.

Yes, we need oil at the present moment, and even in the best case scenario we will be at least partially dependent on oil for another decade or so, but if our predominant focus is on making oil cheaper, that’s only going to get us further away from the ultimate goal of making oil obsolete.