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Gas shortages expected, Esp. FL.

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Old 02-26-2004, 05:38 PM
  #21
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Drill Alaska!!!! Drill offshore!!!!

HELL WE KICKED THE CRAP OUT OF IRAQ NOW LETS BLEED THEIR LAND DRY. GAS SHOULD BE .50 A GALLON NOW
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Old 02-26-2004, 05:42 PM
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Didn't US just fill our emergency oil reserves ? Could this be why there is a shortage?




Strategic Petroleum Reserve
The U.S. Strategic Petroleum Reserve is the largest stockpile of government-owned emergency crude oil in the world. Established in the aftermath of the 1973-74 oil embargo, the SPR provides the President with a powerful response option should a disruption in commercial oil supplies threaten the U.S. economy. It also allows the United States to meet part of its International Energy Agency obligation to maintain emergency oil stocks, and it provides a national defense fuel reserve.


In May 2001 the Bush Administration released its National Energy Policy. The Policy endorsed adding oil to the Strategic Reserve using the "royalty in kind" program, and in November 2001, President Bush announced his intent to fill the Reserve to its full 700 million barrel capacity.

http://www.fe.doe.gov/programs/reser...spr_fill.shtml
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Old 02-26-2004, 05:44 PM
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February 10, 2003
New Contracts Awarded for Planned Spring Acceleration of Oil Fill for Strategic Petroleum Reserve
DOE has awarded three new crude oil delivery contracts in preparation for accelerating fill of the Strategic Petroleum Reserve this spring.
http://www.fe.doe.gov/news/techlines...k2003_sel.html


August 8, 2002
Koch Submits Winning Bid to Supply Additional Oil to Strategic Reserve
Koch Supply & Trading, LP, will become the newest supplier of crude oil to the Strategic Petroleum Reserve under President Bush's plan to fill the emergency oil stockpile to its full capacity by 2005.
http://www.fe.doe.gov/news/techlines...2002_koch.html


July 26, 2002
Administration to Increase Fill Rate of Strategic Petroleum Reserve
The Bush Administration is boosting the rate at which it is filling the Strategic Petroleum Reserve, the nation's emergency oil stockpile.
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Old 02-26-2004, 05:49 PM
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Quote:
Originally posted by BK
in November 2001, President Bush announced his intent to fill the Reserve to its full 700 million barrel capacity.

http://www.fe.doe.gov/programs/reser...spr_fill.shtml
Feb 2003: "The Strategic Reserve currently has 599 million barrels stored in its underground salt caverns along the Texas and Louisiana Gulf Coast."

http://www.fe.doe.gov/news/techlines...k2003_sel.html
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Old 02-26-2004, 05:55 PM
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Quote:
Originally posted by PatriYacht
Have you seen the place they want to drill in Alaska? Nothing but mud flats and mosquitoes in the summer and frozen tundra in the winter. This is no jewel they're trying to protect.
Yes, and it's slightly more than that.
Said before, there is hardly enough up there to bother with, especially at the rate this country uses crude.
When were you there?
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Old 02-26-2004, 06:18 PM
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We, the taxpayers of the U.S., are spending 86 BILLION $$$ to "rebuild" Iraq. Why doesn't our gov. ask/demand repayment in Iraq oil?
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Old 02-26-2004, 06:41 PM
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Probably because Iraqi's didn't ask us to come to start a war. Yes, they (Shiites and Kurds) would have loved to see Saddam removed from power, but they certainly did not want a war on their soil, killing their people.

There was no a humanitarian crisis in Iraq at the time - so that's why we used "WMD" as our reason for war. And so far, that reason hasn't panned out at all. So the Iraq oil issue is going to be a very touchy subject for quite some time.




But we do get oil from Iraq. This is what the Dept of Energy website said before the war started: (Once war was declared, this page from the DOE was poofed)


http://www.eia.doe.gov/emeu/cabs/iraq.html
"The reduced volume of Iraqi exports in much of 2002 appears to have been a result of at least two main factors: 1) Iraq's unilateral one-month embargo of oil exports in April 2002 ostensibly in support of the Palestinians; and 2) pressure by the United States and other countries to clamp down on Iraq's practice of charging an illegal "surcharge" on their U.N. -authorized oil exports.

Since mid-December 2002, however, Iraq has increased its production and exports sharply, with production reportedly reaching 2.6 million bbl/d bbl/d, "oil-for-food" exports at 1.8 million bbl/d, and illegal exports at around 400,000 bbl/d. During the first eleven months of 2002, the United States imported an average of 449,000 bbl/d from Iraq. In January 2003, approximately 1.9 million bbl/d of Iraqi oil went to the Americas (up from 910,000 bbl/d in December 2002 and 515,000 bbl/d in November), while 430,000 bbl/d went to Europe and 140,000 bbl/d to Asia.

To some extent, increased Iraqi oil exports to the Americas have helped fill the loss created by a major oil strike and general unrest in Venezuela beginning in December 2002.

Iraq's true resource potential may be far greater than this, however, as the country is largely (90% or so) unexplored due to years of war and sanctions. Deep oil-bearing formations located mainly in the vast Western Desert region, for instance, could yield large additional oil resources (possibly another 100 billion barrels), but have not been explored."
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Old 02-26-2004, 07:42 PM
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Quote:
Originally posted by CAP071
Drill Alaska!!!! Drill offshore!!!!

HELL WE KICKED THE CRAP OUT OF IRAQ NOW LETS BLEED THEIR LAND DRY. GAS SHOULD BE .50 A GALLON NOW
Bingo
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Old 02-26-2004, 09:26 PM
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its all a big push by automakers to help get there PIECE OF **** ELECTRIC VEHICLES in the market. if gas goes up in summer and down in winter way cant they make it stay the same year round. because they now people vacation in the summer. why cant the govenor of each state put a stop to the price because we pay and they dont. if they were paying they wolud ***** the same.
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