Posted by: Lawyer Sanders | July 8, 2008

Bush Administration’s four step program to increase oil production and lower gasoline prices at the pump.

1. Increase access to the Outer Continental Shelf (OCS).  The Bush Administration thinks that the OCS might produce about 18 billion barrels of oil.  But they don’t really know because Congress has restricted access to exploring the OCS for oil since the early 1980s.  According to the Bush Administration, advances in oil technology make it possible to conduct oil exploration in the OCS in a manner that is out of sight, protects coral reefs and habitats, and protects against oil spills.   

2. Tap into the extraordinary potential of oil shale. Oil shale is a type of rock that can produce oil when exposed to heat or other processes.  According to the Bush Administration, one major deposit – the Green River Basin of Colorado, Utah, and Wyoming – has an equivalent of about 800 billion barrels of recoverable oil or about a century’s worth of oil imports.

3. Permit exploration in the Arctic National Wildlife Refuge (ANWR).   According to the Bush Administration, with a drilling footprint of less than 2,000 acres – about 0.01 percent of this distant Alaskan terrain – America could produce an estimated 10.4 billion barrels of oil. This is the equivalent of roughly two decades of imported crude oil from Saudi Arabia.

4. Expand and enhance our refinery capacity. It has been 30 years since our Nation built a new refinery, and upgrades in our refining capacity are urgently needed. Refineries are the critical link between crude oil and the gasoline and diesel fuel that drivers put in their tanks. America now imports millions of barrels of fully-refined gasoline from abroad, imposing needless costs on American consumers and depriving American workers of good jobs.

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Responses

  1. The Truth About Crude Oil

    First Crude Oil is NOT from Dino the Dinosaur or his brothers. Logically speaking if the earth was covered with a dense primeval forest and there was a Dinosaur living in every five square mile area on the face of the earth, and all this was compressed into a sub surface space for tens of thousands of years, and produced a pool of Crude Oil, it WOULD ONLY FEED the needs of this world for the PAST twenty years, so WHAT FUELED the Industrial Age for the first EIGHTY YEARS???????????????????????????

    Think about what is stated above! Science states that oil is the by product of the earths ENGINE as it rotates creating GRAVITY and super heating rock formations, that through this process release oil and this oil flows into cavities within the earth.

    Now with this said, what is the reason for the excessive spike in Crude and Natural Gas prices? GREED.
    In the 60’s gas sold for 35 cents a gallon, cars got 5 to 7 MPG so a 100 mile trip would take some 16 gallons at a cost of 5 dollars. Today cars get 30 miles to a gallon and that same trip would only take 3 gallons of gas at a cost of 12 dollars. Take into account the LOSS OF VALUE of the FRN and you will see that BIG OIL is KEEPING ITS bottom line HIGH as the efficiency of the engines increase.

    There was a contrived oil crisis in the 70’s and there is one today. Why? It is the GREED of BIG OIL! It takes less than 20 dollars to get oil out of the ground and refined into its product and delivered. It takes from 6 months to a year for a well from the day the drill head starts the hole until it produce oil. The Russians can do it in three mounts. Today’s wells exceed 6000 barrels a day, and one off shore platform can have over 20 SLANT WELL HEADS producing oil 24 hours a day.

    The United States of America is sitting on the worlds largest coal reserves; it also has more crude oil than the Middle East. Recent finds in Montana exceed what is found in Saudi Arabia, and Pennsylvania has over 3 trillion cubic feet of Natural Gas yet to be pumped into the system. Alaska has extensive reserves yet CONGRESS has for years REFUSED to allow the release of this oil, because of RED TAPE and that they are under the control of ENVIRONMENTALIST groups. These groups want all Americans to ride bikes and live as the settlers did in the 1800. Congress continues to LIE regarding the time it takes to drill a well and get the oil into the system. They state that it would be ten years before wells drilled today could produce oil. This is a BOLD FACE LIE. Congress has prohibited drilling for the past two decades, if what they say is true and if they allowed drilling decades ago we would NOT HAVE FOUR DOLLAR A GALLON GAS PRICES, and HOME HEATING OIL WOULD NOT BE OVER FOUR DOLLARS A GALLON, THAT WILL CAUSE A HEATING CRISIS THIS WINTER, and SOME AMERICAN MAY FREEZE TO DEATH FOR LACK OF HEAT. CONGRESS IS TO BLAME IF THIS OCCURS.

    Today’s advances in drilling insure a protected environment. The WILD CAT wells of the early 1900 are a thing of the past.

    Environmentalist claim that the exhaust of power plants create TONS of CO2, HOWEVER, CO2 is a GAS and is measured in cubic feet NOT TONS. The advance scrubbing of the exhausts prevent most hydrocarbons from being suspended in the atmosphere. Most ALL the reasons given by environmentalist are not science, but an agenda to deprive Americans of their standard of living.

    For MORE INFORMATION of the Truth About Big Oil visit

    http://www.ilm-efx.5u.com/photo4.html

    You Will Be Amazed, and make sure you click on the link GLOBAL WARMING and read what the ENVIRONMENTALIST do not want you to know about NON GLOBAL WARMING BY MAN.


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