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Wise investment, Arley!
Good points as well, and I agree entirely about alternative energy. But the fact is that oil needs of the present and near future need to be addressed as we develop alternative energy.
posted by
WriterofLight
on May 6, 2006 at 4:32 PM
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Welcome, redwood!
I'm a native of the California coast redwood country, myself!
Interesting perspective on Democrats. I say private employment, other than attorneys, should be mandatory, with extra credit given for owning a family farm, small business or other such endeavor.
Interesting also that we have the first ever MBA President.
posted by
WriterofLight
on May 6, 2006 at 4:30 PM
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utopia
Most Democrats seem to think that we could attain a utopian paradise by making it mandatory for everyone in public office to have had no prior interest in the private sector. I never voted for Ross Perot, but he was right about one thing, thwe government needs to be run more like a business.
posted by
redwood
on April 26, 2006 at 6:38 PM
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Writer
I agree that you have brought up a number of significant points and as a stockholder in a few oil companies I'm happy to see our profits soaring. However, as a moderate centrist, (some left leanings admitted), I would like to see us focusing more resources on alternative energy programs and not just trying to get the cost of oil down a bit. We as a nation are addicted to oil, (that's why I invested in it), but addictions are not healthy, and refusing to, or being reluctant to, spend more money getting ourselves off the habit only prevents the inevitable for a couple of years more.
Example: I believe I heard that the North Shelf oil field contains some 1.5 to 1.9 billion barrels of recoverable oil. The daily US consumption of oil is around 22 million barrels. If we do the math, we find that we have only about 3 to 4 months supply, (assuming we were solely dependent on this field), and that's assuming we could get the field up and fully operational in a short period of time. Reality says we would not ever become solely dependent on this field, but let's say it supplied 10% of our national need, then we find it would only help us for about 30 to 40 months.
We need to focus more money on the alternatives, (and war is a poor choice.)
I bid you peace and understanding. Arley White
posted by
ArleyWhite
on April 26, 2006 at 5:52 AM
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great points...
LOVED IT!
posted by
kushie
on April 25, 2006 at 6:48 PM
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