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don't be stupid
But as the Associated Press reported last month, nearly 75 percent of the existing leases on federal lands held by petroleum companies are currently producing no oil. Those companies today hold nearly 30 million acres dormant, according to the AP. Nobody in the federal government even knows whether any exploration has taken place over the past decade.
Perhaps McCain should ask his friends in the industry why they aren’t exploring or producing on the leases they already control. A truthful answer would be that those leases count as financial assets whether productive or not—and adding to them enhances an oil firm’s bottom line.
The senator should also ask an oil company executive to step forward and explain how any new offshore oil lease can produce petroleum within the next few months or even a year. If that is possible, then the Department of Energy analysis of future domestic oil production is scandalously wrong. The department’s Energy Information Agency released a study last year predicting that granting access to new offshore leases would not begin to produce any actual oil until around 2020, and would have no “significant impact on domestic crude oil and natural gas production or prices before 2030,” if ever.
As the Republican presidential nominee—and a putative environmentalist—he suddenly seems eager to exploit voter discontent over high gasoline prices to promote offshore drilling. He may even think he can ride the energy crisis into the White House.
Voters may or may not believe the senator’s silly claims about his “briefings” from oilmen, which mainly seem to have involved handing over a fat check. Indeed, so far the only beneficiary of his offshore drilling offensive is the McCain presidential war chest. The Washington Post recently reported that the oil industry “gushed money after [his] reversal on oil drilling” last month.
The oilmen never gave him that kind of money when he talked straight.
Results of a national study conducted today among 320 Americans revealed that a majority of Republicans (61%), reported that they were disturbed, skeptical and saddened after viewing a new ad by John McCain, which likens Barack Obama to Britney Spears and Paris Hilton.
American intelligence agencies have concluded that members of Pakistan’s powerful spy service helped plan the deadly July 7 bombing of India’s embassy in Kabul, Afghanistan, according to United States government officials.
snip/nyt
The American officials also said there was new information showing that members of the Pakistani intelligence service were increasingly providing militants with details about the American campaign against them, in some cases allowing militants to avoid American missile strikes in Pakistan’s tribal areas.
Fuck you Exxon. Enjoy those obscene profits while ye may.
And if it's costing Big Oil so much, why are their profits at an all time high? And why aren't they investing money into alternatives instead of sticking to oil?
Same answer...they would have to wait for profits, and Wall St. does not like to wait as it makes its obscene, killing profits.
http://www.uow.edu.au/eng/phys/nukeweb/reactors...
Along with the uranium and thorium, their daughter products produced by the decay of these isotopes, such as radium, radon, polonium, bismuth, and lead also lead to an increase in the radiation output.
J. P. McBride, R. E. Moore, J. P. Witherspoon, and R. E. Blanco showed, through research published in their article "Radiological Impact of Airborne Effluents of Coal and Nuclear Plants", December 8, 1978, issue of Science magazine, that Americans living near coal-fired power plants are exposed to higher radiation doses than those living near nuclear power plants that met government regulations
Along with the oxides that are released when burning coal for use in power stations it is important to note that releases from coal combustion also contain naturally occurring radioactive materials, mainly uranium and thorium.
I am sure that given incentives coal fired plants can be made safer. We have lots of coal but let's make sure we aren't jumping from one polluter in oil and increasing risks from other things.
For some reason we are all supposed to believe that Big Oil will somehow do the right thing, don't forget the right thing for Big Oil is to have you use more oil. In the end they don't care about pollution it's not their problem. They don't care about sustainable fuels, they want to extract every single drop of oil, sell it to us and if it can be done in the lifetimes of the boys running the show think of the billions of dollars they will make. They have all sold out to extraction, government rebates and raping the environment to get it.
demand is down because no one can afford to drive. and they're going to shut down phil gramm's attempts to give oil speculators free rein.
Big Oil set U.S. energy policy with the dick behind closed doors...they continue to make record profits and we're told they want more? fuck that.
http://www.techvat.com/5-tech-companies-more-pr...
And methadone addiction is SUCH a healthy lifestyle.