A little something for President Obama Fans

[BarFlie]

EDITORIAL: Obama surrenders gulf oil to Moscow
The Russians are coming - to drill in our own backyard
By THE WASHINGTON TIMES
2010/mar/18/

The Obama administration is poised to ban offshore oil drilling on the outer continental shelf until 2012 or beyond. Meanwhile, Russia is making a bold strategic leap to begin drilling for oil in the Gulf of Mexico. While the United States attempts to shift gears to alternative fuels to battle the purported evils of carbon emissions, Russia will erect oil derricks off the Cuban coast.

Offshore oil production makes economic sense. It creates jobs and helps fulfill America's vast energy needs. It contributes to the gross domestic product and does not increase the trade deficit. Higher oil supply helps keep a lid on rising prices, and greater American production gives the United States more influence over the global market.

Drilling is also wildly popular with the public. A Pew Research Center poll from February showed 63 percent support for offshore drilling for oil and natural gas. Americans understand the fundamental points: The oil is there, and we need it. If we don't drill it out, we have to buy it from other countries. Last year, the U.S. government even helped Brazil underwrite offshore drilling in the Tupi oil field near Rio de Janeiro. The current price of oil makes drilling economically feasible, so why not let the private sector go ahead and get our oil?

The Obama administration, however, views energy policy through green eyeshades. Every aspect of its approach to energy is subordinated to radical environmental concerns. This unprecedented lack of balance is placing offshore oil resources off-limits. The O Force would prefer the country shift its energy production to alternative sources, such as nuclear, solar and wind power. In theory, there's nothing wrong with that, in the long run, assuming technology can catch up to demand. But we have not yet reached the green utopia, we won't get there anytime soon, and America needs more oil now.

Russia more sensibly views energy primarily as a strategic resource. Energy is critical to Russia's economy, as fuel and as a source of profit through export. Russia also has used energy as a coercive diplomatic tool, shutting off natural gas piped to Eastern Europe in the middle of winter to make a point about how dependent the countries are that do business with the Russians.

Now Russia is using oil exploration to establish a new presence in the Western Hemisphere. It recently concluded four contracts securing oil-exploration rights in Cuba's economic zone in the Gulf of Mexico. A Russian-Cuban joint partnership will exploit oil found in the deep waters of the Gulf.

Cuba has rights to the area in which drilling will be conducted under an agreement the Carter administration recognized. From Russia's perspective, this is another way to gain leverage inside what traditionally has been America's sphere of influence. It may not be as dramatic as the Soviet Union attempting to use Cuba as a missile platform, but in the energy wars, the message is the same. Russia is projecting power into the Western Hemisphere while the United States retreats. The world will not tolerate a superpower that acts like a sidekick much longer.



link to the article

[BSmack]

I'm going to spread that take all over my lawn.

[BarFlie]

this line

Cuba has rights to the area in which drilling will be conducted under an agreement the Carter administration recognized.

really cracked me up

[Mikey]

Drilling is also wildly popular with the public.

RACK that. Almost as popular as Miley Cyrus.
In fact, I've seen people riot in the streets just to get a chance to see it in person.

[OCmike]

high oil supply keeps prices low

I laughed.

[Dr_Phibes]

this line

Cuba has rights to the area in which drilling will be conducted under an agreement the Carter administration recognized.

really cracked me up

Carter recognised The Law of the Sea Convention? Man, what an asshole.

[Shlomart Ben Yisrael]

You all need to lay off Barflies, NOW.

WAR ~ comfy slippers and sedatives

[mvscal]

high oil supply keeps prices low

I laughed.

Probably because you're an idiot. Feel free to look into the law of supply and demand.

[Shlomart Ben Yisrael]

high oil supply keeps prices low

I laughed.

Probably because you're an idiot. Feel free to look into the law of supply and demand.

In fairness, he probably just read it wrong. Cut him some slack.

You read it wrong, right OCmike?

[Van]

Gonna go out on a limb here and posit a guess that OC Mike was referring to the notion that we might "keep" prices low. Call me Kreskin, but I'm pretty sure that he's laughing at the notion of calling what we have now "low prices."

Sure, S&D dictates that the price will go up even higher minus additional supplies, but that wasn't the point he was addressing with his laughter comment.

[Moving Sale]

posit

Let me guess. Post? Propose? Hoist?

Ah crap I got nothing.

[War Wagon]

postulate, you dumbfuck.

Even an inbred hillbilly like me knows that.

[Goober McTuber]

posit

Let me guess. Post? Propose? Hoist?

Ah crap I got nothing.

pos·it   
–verb (used with object)
1.to place, put, or set.
2.to lay down or assume as a fact or principle; postulate.

You're right. You've got nothing. Idiot.

[Van]

http://www.merriam-webster.com/dictionary/posit

Main Entry: pos·it
Pronunciation: \ˈpä-zət\
Function: transitive verb
Inflected Form(s): pos·it·ed \ˈpä-zə-təd, ˈpäz-təd\; pos·it·ing \ˈpä-zə-tiŋ, ˈpäz-tiŋ\
Etymology: Latin positus, past participle of ponere
Date: 1647
1 : to dispose or set firmly : fix
2 : to assume or affirm the existence of : postulate
3 : to propose as an explanation : suggest

[Shlomart Ben Yisrael]

http://www.merriam-webster.com/dictionary/posit

Main Entry: pos·it
Pronunciation: \ˈpä-zət\
Function: transitive verb
Inflected Form(s): pos·it·ed \ˈpä-zə-təd, ˈpäz-təd\; pos·it·ing \ˈpä-zə-tiŋ, ˈpäz-tiŋ\
Etymology: Latin positus, past participle of ponere
Date: 1647
1 : to dispose or set firmly : fix
2 : to assume or affirm the existence of : postulate
3 : to propose as an explanation : suggest

Yeah, ummmm...we already covered this ground, Serpico. Can't wait for you to start sending out Christmas greetings next week.

[BSmack]

Can't wait for you to start sending out Christmas greetings next week.

Reindeer already?

sin

Androgynous Punk

[Derron]

postulate, you dumbfuck.

Even an inbred hillbilly like me knows that.

Your kin with Moving Sale?...sucks for you

[OCmike]

Look, fuckos, even we crazies know that the pricing of oil has been manipulated by more outside forces than Katy's snizz on prom night. Supply effects world oil price when OPEC decides it does.

And Scott, I only blithered once, but I didn't inhale.

[Terry in Crapchester]

By THE WASHINGTON TIMES

Was all I needed to know. Stopped reading at that point.

What next, Barflie? A link from the National Enquirer, perhaps?

[indyfrisco]

Even an inbred hillbilly like me knows that.

And you wondered why I thought you like country music?

[BarFlie]

By THE WASHINGTON TIMES

Was all I needed to know. Stopped reading at that point.

What next, Barflie? A link from the National Enquirer, perhaps?

If you didn't read it why are you commenting?? This thread is not about news sources dipwad. But.. If you would be kind enough to tell me what your favorite news source is I'll post something from it even though I'm sure it will be some simple minded libtard rag. I am fair and balanced.

[War Wagon]

Even an inbred hillbilly like me knows that.

And you wondered why I thought you like country music?

Dude... that was self effacing sarcasm in its purest form. I may be a redneck, but I'm no hillbilly. Not inbred either, with a mother of direct German descent and dad came off the boat from Scotland... wait, maybe that does make me inbred. I'd have to ask Van or mvscal about that... they know everything.

And it's not that I hate country, there's just so much more that's so much better, I just don't have time for it.

[Van]

I'd have to ask Van or mvscal about that... they know everything.

:)