A Quote by Charles Krauthammer
An oil crisis looms, prices are spiking - and our president is extolling algae. After Solyndra, Keystone and promises of seaweed in their gas tanks, Americans sense a president so ideologically antipathetic to fossil fuels - which we possess in staggering abundance - that he is utterly unserious about the real world of oil in which the rest of us live.
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Our president's latest energy initiative was to go to Saudi Arabia and beg King Abdullah to give us a little relief on gasoline prices. I guess there was some justice in that. When you, the president, after 9/11, tell the country to go shopping instead of buckling down to break our addiction to oil, it ends with you, the president, shopping the world for discount gasoline.
Venezuela has the biggest oil reserves in the world. And the biggest gas reserves in this hemisphere, the eighth in the world. Venezuela was a U.S. oil colony. All of our oil was going up to the north, and the gas was being used by the U.S. and not by us. Now we are diversifying. Our oil is helping the poor.
Fossil fuels, including oil, are running out and supplies are getting harder to find. If we do nothing, prices will continue to rise and our reliance on oil will come to an abrupt and tumultuous end, causing global economic and social turmoil.
The real requirement, if we are to avoid runaway global warming, is probably 80% by 2030, and almost no burning whatever of fossil fuels (coal, gas and oil) by 2050.
Obama is a clown. You don't have to be a scientist to know that the President doesn't know what he's talking about when he says fossil fuels are the energy of the past. We have more oil than we need. We'll never run out of it. It's all we've got.
I believe we will see a biofuels resurgence. While gas prices skyrocket and we continue to wage wars for oil, while spills, fracking, tar sands and the oil madness of our empire continue, people are waking up and realizing that you can't be against petroleum and against fuels that come from nature.
If you say the world is totally dependent on oil in many parts of the world, coal and certainly natural gas, we are fossil fuel, that is modernity, modernity has two elements: individualism and oil. Now to move toward a more enlightened sustainable world, we have to transform with lots of technology, with even differences in the way we see the world and how we live in the world. That`s going to take decades.
Since 1850, burning of fossil fuels, coal, oil and natural gas has increased 100 times to produce energy as the world has industrialized to serve the world's more than 6 billion and growing population.
If you believe our president, a former oil businessman, is going to end our addiction to oil, shame on all of us.
My heart breaks living in southern Utah on the edge of America's Redrock Wilderness, witnessing what the Bush Administration's policies regarding oil and gas exploitation are doing to our public lands that belong to all Americans. Their policy is not about the public or the public's best interest. It is about the oil and gas corporations' best interests. The Secretary of the Interior is urging the Bureau of Land Management to support the gas and oil industry's most extreme drilling scenario in some of the American West's most pristine and fragile areas without proper legal and public input.
About half of all potential future global warming emissions from United States fossil fuels lie in oil, gas and coal buried beneath our public lands, controlled by the federal government and owned by the American people - and not yet leased to private industry for fuel extraction.
This morning, prompted by increasing concerns about terrorism, oil prices reached a record high as the cost of a barrel of crude is a whopping $44.34. Wow, it seems shocking that a product of finite supply gets more expensive the more we use it. Now the terror alert means higher oil prices, which oddly enough means higher profits for oil companies giving them more money to give to politicians whose policies may favor the oil companies such as raising the terror alert level. As Simba once told us: "It's the circle of life."
Gas prices in many parts of the country are nearing $4 a gallon; it could get even worse as unrest spreads throughout the oil-exporting Middle East. Yet the Obama administration once again seems to see no crisis. It has curtailed new leases for offshore oil exploration for seven years and exempted thousands of acres in the West from new drilling. It will not reconsider opening up small areas of Alaska with known large oil reserves.
I do not remember when I said this [oil production would collapse ], maybe in the heat of the moment, but I do not think I even said it, but I may just not remember it. I was saying that at a certain level of oil prices new deposits will not be explored. That is what is actually happening. However, surprisingly, our oil and gas workers [mainly oilmen] continue to invest.
Speculation in oil stock companies was another great evil ... From the first, oil men had to contend with wild fluctuations in the price of oil. ... Such fluctuations were the natural element of the speculator, and he came early, buying in quantities and holding in storage tanks for higher prices. If enough oil was held, or if the production fell off, up went the price, only to be knocked down by the throwing of great quantities of stocks on the market.
Under pressure from a growing movement of people who want their money out of fossil fuels, universities, pension investors and foundations are looking to exclude coal, oil and gas stocks from their portfolios.
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