Comments on: Is It Time To Tap U.S. Oil Reserves?

Energy Secretary Tells Congress Dipping Into Strategic Reserve Won't Reduce High Gas Prices

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by sistatee-2009 May 23, 2008 12:42 AM EDT
Actually, it''s time to just take the oil from the Arabs and tell them, "Sorry, we don''t need you any more. Enjoy your sand box."
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by marilyn301-2009 May 22, 2008 11:56 PM EDT
Why can''t we start drilling for oil in Alaska? Seems like the most intelligent "next step" for us. I know that we might have opposition from the environmentalists and possibly other special interest groups, but hey, standing on our heads with our money being sucked out of our pockets at the pumps isn''t too appealing either.
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by tracymoorgan May 22, 2008 11:39 PM EDT
New Jersey has gas 75 cents cheaper than California. That isnt because NJ is in the oil patch. NJ has no oil production. NJ has superior refinery capacity. Get on with the new construction.
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by tracymoorgan May 22, 2008 11:37 PM EDT
Its a drop in the bucket. It wont affect gas prices. Election year politics.
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by bohemianmob May 22, 2008 11:35 PM EDT
B-Mob, you would rather have our president and congress sell out to rich speculators at $130 barrel.

Who is the moron?

You sound like a little person to me.


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Posted by shanev137


All of our politicians sold out a long time ago my friend.
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by randynason May 22, 2008 11:20 PM EDT
Is It Time To Tap U.S. Oil Reserves?

It was time about six months ago. The government is late and short, as usual. If it spent less time worrying about cover-up and more time about prevention, we wouldn''t be here.
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by shanev137 May 22, 2008 11:17 PM EDT
Posted by BohemianMob at 08:10 PM : May 22, 2008

B-Mob, you would rather have our president and congress sell out to rich speculators at $130 barrel.

Who is the moron?

You sound like a little person to me.
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by bohemianmob May 22, 2008 11:10 PM EDT
B-Mob hates the idea of us being able to buy gas from our own government at cost.....which would be about $1.25 a gallon.


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Posted by shanev137

You are a moron if you think the gov''t will sell you anything at cost.
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by shanev137 May 22, 2008 11:05 PM EDT
Posted by BohemianMob at 08:02 PM : May 22, 2008


B-Mob hates the idea of us being able to buy gas from our own government at cost.....which would be about $1.25 a gallon.
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by michellem99-2009 May 22, 2008 11:05 PM EDT
I got the answer and I can blame
Bush
That illegal war/s
Car makers
Alying Asre to us and the world.
Bushed caused more problem.
A war over oil not terrior,
a barrel will go 150.
Any care to guess the price this summer
A gallion 5/6 dollars to fill yer car.
I don''t own a car..
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by bohemianmob May 22, 2008 11:02 PM EDT
It''''s actually time to nationalize all of our countries oil and take it off the market so it can''''t be traded/sold to other countries at $130 a barrel.


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Posted by shanev137

Welcome to the U.S.S.A. you commie scumbag!!
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by bohemianmob May 22, 2008 11:00 PM EDT
Markey is a blooming idiot. 700 million barrels in reserve ready to be released?? Released to where??? Refineries that don''''t exist??? The oil companies have no incentive to increase refinery output or build new refineries. -- They make obscene billions doing what they are doing - laughing all the way to the bank.

Supply and demand my a$$.


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Posted by mygramma

You are totally correct, refineries in the US are not having crude supply problems, so as you say, releasing this crude would have no effect as most refiners are running at maximum capacity.
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by ioweign May 22, 2008 10:55 PM EDT
Is It Time To Tap U.S. Oil Reserves?

Is it time to Nationalize the US Oil Companies?

Watch the gasoline price drop...
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by mygramma May 22, 2008 10:52 PM EDT
Markey is a blooming idiot. 700 million barrels in reserve ready to be released?? Released to where??? Refineries that don''t exist??? The oil companies have no incentive to increase refinery output or build new refineries. -- They make obscene billions doing what they are doing - laughing all the way to the bank.

Supply and demand my a$$.
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by shanev137 May 22, 2008 10:43 PM EDT
The solution is to pass a law that makes anyone who buys an oil futures contract in the commodities markets to actually take delivery of that oil and no be able to sell the contract for a profit.

The solution is so simple a child could figure it out.

It will never happen though because our president and congress are in bed with all theses super rich speculators who are running up oil prices.
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by shanev137 May 22, 2008 10:38 PM EDT
It''s actually time to nationalize all of our countries oil and take it off the market so it can''t be traded/sold to other countries at $130 a barrel.
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by gce65 May 22, 2008 10:25 PM EDT
YES! We should slowly, moderately release the oil reserves.

Also, I''d like to see ONE US-run state oil company enter the market. Operate it as a regulated business producing gasoline and diesel fuel with a goal of 5% above cost annual profit--a moderate amount. That would put pressure on Big Oil not to swindle the rest of us and give us a benchmark of what real cost plus 5% is.
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by tburzio May 22, 2008 10:24 PM EDT
"Strategic" is a military term. The oil reserves are there in case OPEC turns off our oil supply. It would keep food coming to the cities long enough for our military to do something about it.
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by mcv57 May 22, 2008 10:17 PM EDT
Yes, when the U.S. Corrupt Government and the RICH stop playing games; otherwise, it will only make matters worst - the lack of reserves will hyper-inflate oil prices by the profiteering government its bedfellows.
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