AMERICAblog: Big Oil stands by Bush plan for drilling
OlderAndWiser
· 1 year ago
Even what you believe is "American owned" is no longer. Of course, Anheuser Busch being sold to InBev, a Belgian company made the news. Miller Brewing is owned by a South African company. Molson/Coors is a Canadian company. There are, of course, regional beers still owned by Americans, very small companies usually operating in one state. Only Samuel Adams and Yuengling (no, it's not Chinese, and is the US's oldest brewery (1829) beers have any national recognition.
Why is all this happening? The weak dollar, of course, which is allowing many foreign corporations to buy out American companies.
You can do your own research to find out what supermarkets, banks, other mfg, etc. are owned, either wholly or partially, by foreign interests. We already know about "American" labels that are mfg'd overseas.
bumpkis
· 1 year ago
I'm so old I remember when "gas wars" meant that gas stations in town would try to outdo each other with lower prices....29.6 for regular...cents.
Dave of the Jungle
· 1 year ago
I used to find loose change on the floor of my VW and get enough gas to drive all the way to Yosemite and back from the San Francisco Bay Area on a whim. Those were the days.
Bush_Bites
· 1 year ago
Yeah, it used to be fairly competitive when there were several suppliers.
It's an oligarchy now, mainly because of the mergers in the 1990s and 2000s.
A few suppliers which has the effect of monopolistic pricing.
Here's a story in 2004 about how mergers were affecting pricing then.
It says Clinton shouldn't have allowed some of the mergers, which I agree with.
Bush_Bites
· 1 year ago
Hey.
They're the ones who put him in office.
Asterix
· 1 year ago
Quid pro quo might work.
"You can drill ANWR or in the Florida Keys or on the shore just off of San Clemente, but you'll have to guarantee $1.00/gal gasoline for the next 5 years in return."
In other words, "Quit jerking us around and put your money where your mouth is."
Bush_Bites
· 1 year ago
I like that idea.
jr
· 1 year ago
having leases for 68 million acres they aren't drilling on isn't enough for the Big oil parasites. "we'll pretend the oil companies didn[t go on a binge of closing refineries during the 90's"-repubs and the MSM
Soundboy_jeff_meanie
· 1 year ago
interesting... when I moved to SoCal... I remember my housemate saying 'don't buy gas in Alpine, they're charging $1.65 a gallon!!'
that was seven years ago.
...but this administration has nothing to do with oil prices.
/snark
OlderAndWiser
· 1 year ago
NC govt does not approve of offshore drilling off our coast, even though SC and VA do. We may not have the wide, white beaches and that kind of tourism of other states but we do have a beautiful natural coastline, which is prone to hurricanes, however, from Wilmington and Cape Fear in the south to Currituck and the top of the Outer Banks in the north of the state. It seems obscene to drill in the ocean, but I think the ocean will have its revenge in the end.
BTW, if you get a chance, watch "Biography of Earth" on the Natl Geo Channel. It had a fascinating explanation of ocean currents (both upper and deep sea) and how they operate, culminating at the frozen poles and reversing course to continue warming the earth. If this ever stops, all life as we know it will cease (it happened many, many years ago, before the dinosaurs). The melting glaciers and ice sheets going on now would contribute to stopping this process. The Antarctic, which used to be the size of the continental US, is now the size of the US minus the entire east coast .
And yet, some people want to continue putting more carbon based waste into the air and keep living this wasteful lifestyle. We are the architects of our own demise, no matter what we do.
coolcatdaddy
· 1 year ago
Is it just me, but doesn't it seem like the guys who are so obsessed with drilling usually turn out to be the one's with the least to drill with...?
Bush_Bites
· 1 year ago
OPEC will increase oil supply out of respect for Bush
Bush said today that he would bring down gasoline prices by creating enough political good will with oil-producing nations that they would increase their supply of crude. “I would work with our friends in OPEC to convince them to open up the spigot, to increase the supply. Use the capital that my administration will earn, with the Kuwaitis or the Saudis, and convince them to open up the spigot.” Implicit in his comments was a criticism of the Clinton administration as failing to take advantage of the good will that the US built with Kuwait and Saudi Arabia during the Persian Gulf war in 1991. Also implicit was that as the son of the president who built the coalition that drove the Iraqis out of Kuwait, Mr. Bush would be able to establish ties on a personal level that would persuade oil-producing nations that they owed the US something in return.
Source: Katherine Q. Seelye, NY Times Jun 28, 2000
tahoevalleylines
· 1 year ago
Anyone here understand need to rehab railway lines & corridors to cover Societal & Commercial COHESION when Peaking Oil overtakes any & all attempts to supply demand? In better case, rail component networked to local level, as was the mid-twentieth century US norm, will help lower price of energy & goods as well. See (peakoildotnet) articles 374 & 1037, ASPO Newsletters 42 & 89, respectively.
See books by Richard Heinberg for understanding of situation we must deal with. Note book, "ELECTRIC WATER", Christopher Swan, New Society Press, 2007. Rehab of the rail component was mentioned in Barry Commoner's "THE POLITICS OF ENERGY", in 1979. "Vast expansion of railway capacity & reach", linked to solar power generation. The idea is a current requisite.
Readers in positions to act can obtain "USA Rail Map Atlas'" from (spv.co.uk) and determin appropriate rail corridor for rehab in their respective locales. Another critical component in this energy emergency solution set will be re-activation of the National Guard Railway Operating & Maintenance Battallions. More information on request to interested parties, planners, and plank hewers.
All Comments
Why is all this happening? The weak dollar, of course, which is allowing many foreign corporations to buy out American companies.
You can do your own research to find out what supermarkets, banks, other mfg, etc. are owned, either wholly or partially, by foreign interests. We already know about "American" labels that are mfg'd overseas.
It's an oligarchy now, mainly because of the mergers in the 1990s and 2000s.
A few suppliers which has the effect of monopolistic pricing.
Here's a story in 2004 about how mergers were affecting pricing then.
http://www.signonsandiego.com/uniontrib/2004052...
It says Clinton shouldn't have allowed some of the mergers, which I agree with.
They're the ones who put him in office.
"You can drill ANWR or in the Florida Keys or on the shore just off of San Clemente, but you'll have to guarantee $1.00/gal gasoline for the next 5 years in return."
In other words, "Quit jerking us around and put your money where your mouth is."
that was seven years ago.
...but this administration has nothing to do with oil prices.
/snark
BTW, if you get a chance, watch "Biography of Earth" on the Natl Geo Channel. It had a fascinating explanation of ocean currents (both upper and deep sea) and how they operate, culminating at the frozen poles and reversing course to continue warming the earth. If this ever stops, all life as we know it will cease (it happened many, many years ago, before the dinosaurs). The melting glaciers and ice sheets going on now would contribute to stopping this process. The Antarctic, which used to be the size of the continental US, is now the size of the US minus the entire east coast .
And yet, some people want to continue putting more carbon based waste into the air and keep living this wasteful lifestyle. We are the architects of our own demise, no matter what we do.
Bush said today that he would bring down gasoline prices by creating enough political good will with oil-producing nations that they would increase their supply of crude. “I would work with our friends in OPEC to convince them to open up the spigot, to increase the supply. Use the capital that my administration will earn, with the Kuwaitis or the Saudis, and convince them to open up the spigot.” Implicit in his comments was a criticism of the Clinton administration as failing to take advantage of the good will that the US built with Kuwait and Saudi Arabia during the Persian Gulf war in 1991. Also implicit was that as the son of the president who built the coalition that drove the Iraqis out of Kuwait, Mr. Bush would be able to establish ties on a personal level that would persuade oil-producing nations that they owed the US something in return.
Source: Katherine Q. Seelye, NY Times Jun 28, 2000
See books by Richard Heinberg for understanding of situation we must deal with. Note book, "ELECTRIC WATER", Christopher Swan, New Society Press, 2007. Rehab of the rail component was mentioned in Barry Commoner's "THE POLITICS OF ENERGY", in 1979. "Vast expansion of railway capacity & reach", linked to solar power generation. The idea is a current requisite.
Readers in positions to act can obtain "USA Rail Map Atlas'" from (spv.co.uk) and determin appropriate rail corridor for rehab in their respective locales. Another critical component in this energy emergency solution set will be re-activation of the National Guard Railway Operating & Maintenance Battallions. More information on request to interested parties, planners, and plank hewers.