With the gulf disaster, is oil drilling as dangerous as that event might make it seem, or is it worth the risks, however large or small they may be?
With the gulf disaster, is oil drilling as dangerous as that event might make it seem, or is it worth the risks, however large or small they may be?
It's a finite resource and we're using it at a prodigious rate. Remaining deposits are in increasingly difficult to access and environmentally sensitive places. Soon we'll be digging up Alberta to squeeze it out of the sand.
And then there are the wars, political strife and terrorism engendered by our need to secure reliable supplies.
We're going to have to transition to alternatives eventually. Why wait till the last catastrophic moment?
I think I saw a statistic that off shore drilling provides less than 5% of the oil consumed in this country. If that's true then the risk of environmental damage isn't worth the benefit of offshore drilling. Can anyone verify this data?
Religion is poison because it asks us to give up our most precious faculty, which is that of reason, and to believe things without evidence. It then asks us to respect this, which it calls faith. - Christopher Hitchens
What about considering the risks not only to the environment, but also to people's lives, whether it be the actual dangers of working, or the people who are affected when disasters occur?
Oh my! Risks. The sky is falling. What tripe to worry over risks in this field of endeavor without comparing them to that of even a modest pregnancy. A woman is more at risk. And then if a child commits suicide at age 20 does not epitomize the risk taken by having children?Quote by: lzrh1115
Of course there are risks. I spent 31 years in a coal mine. I jumped from a plane over 300 times. Have children. Don't want risks? Death will rid us of the nuisance.
What are the risks of starvation and freezing in the dark? Geez.
If the terrain and the map do not agree, follow the terrain.
When motherhood becomes the fruit of a deep yearning, not the result of ignorance or accident, its children will become a new race.
Gas prices are up 35% from last year. Heating costs are expected to be all time high this winter. Yes, it is worth the risk to ensure a safe and affordable fuel source for the middle and lower class to drill for domestic oil. Anywhere we can find it ... onshore, offshore, deepwater, whatever. Let's stop pandering to the rich already and throw a bone to the middle and lower class for a change.
Keep this in mind:
"Every 25-cent increase in refining margins boosts full-year
net income at
ConocoPhillips by $125 million, according to company filings.
Margins for the industry averaged $7.26 a barrel in the first three
months of the year, the strongest first-quarter performance since at
least 1990.
'The combination of good demand and tight supply is raising
profits,' said Darren Peers, who helps manage $17 billion, including
more than 6 million ConocoPhillips shares, at NWQ Investment
Management in Los Angeles."
Pumped-up profits for oil refiners; | Consumer Watchdog
Grandpa h.
Post by post, building his arguments by smashing a couple of theirs -- for America.
If companies don't make money, they won't be in business..
"Government’s first duty is to protect the people, not run their lives." | "Government does not solve problems; it subsidizes them." - RR
Quote removed because someone got their feelings hurt. (boo hoo)
Profit margins of less than 10% for an industry that requires so much investment, insurance and upkeep doesn't seem absorbanent to me. Wonder how much winds up going to taxes on a barrel of oil? I've got a feeling it's more than $7.26.
That's actually a tiny figure ... A quick google search revealed that a barrel of oil translates into about 20 gallons of gasoline. So big oil makes about .35 cents a gallon ... pretty reasonable if you ask me.
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