Comments on: Things Have Come to This… http://www.undiplomatic.net/2008/08/07/things-have-come-to-this/ Bringing diplomacy back, girl. Those other countries don't know how to act. Tue, 06 Jan 2009 00:00:37 +0000 http://wordpress.org/?v=2.6.2 By: Bob Miller http://www.undiplomatic.net/2008/08/07/things-have-come-to-this/#comment-320 Bob Miller Fri, 08 Aug 2008 03:08:23 +0000 http://www.undiplomatic.net/?p=304#comment-320 What, precisely, is the difference between Ms. Hilton's plan and Obama's? Obama has already said he will (a) agree to off-shore drilling IF (b) it is part of a larger plan that invests in energy technology and energy independence. Obama knows what Joel Suarez points out about off-shore drilling (that it's a red herring), and my guess is he's betting that allowing it doesn't mean it will ever get done, because (b) will make it more risky for investors. The key to his policy is the IF. What, precisely, is the difference between Ms. Hilton’s plan and Obama’s? Obama has already said he will (a) agree to off-shore drilling IF (b) it is part of a larger plan that invests in energy technology and energy independence. Obama knows what Joel Suarez points out about off-shore drilling (that it’s a red herring), and my guess is he’s betting that allowing it doesn’t mean it will ever get done, because (b) will make it more risky for investors. The key to his policy is the IF.

]]> By: Joel Suarez http://www.undiplomatic.net/2008/08/07/things-have-come-to-this/#comment-314 Joel Suarez Thu, 07 Aug 2008 20:44:31 +0000 http://www.undiplomatic.net/?p=304#comment-314 "Her" "plan" actually makes no sense at all. Her claim that offshore drilling will "carry us" until new technologies are produced is rather stupid because it assumes that it takes no time to actually tap that oil. The truth is that even if we start drilling right now, it will be nearly 10 years before we could even start using that oil and how much is projected to be produced is insignificant compared to our growing consumption rate. I'm sorry to say but hilton, mccain, and obama have it all wrong. The Energy Information Administration of the US government notes in their last annual survey: “The projections in the OCS [Outer Continental Shelf] access case indicate that access to the Pacific, Atlantic, and eastern Gulf regions would not have a significant impact on domestic crude oil and natural gas production or prices before 2030.” Considering that it will be nearly 10 years before the US could actually extract this oil and that offshore oil production would reach 200,000 barrels a day (0.2 percent of projected world production) at peak production in close to twenty years, it is clear why many deride offshore drilling as a wasteful non-solution. “Her” “plan” actually makes no sense at all. Her claim that offshore drilling will “carry us” until new technologies are produced is rather stupid because it assumes that it takes no time to actually tap that oil. The truth is that even if we start drilling right now, it will be nearly 10 years before we could even start using that oil and how much is projected to be produced is insignificant compared to our growing consumption rate. I’m sorry to say but hilton, mccain, and obama have it all wrong.

The Energy Information Administration of the US government notes in their last annual survey:

“The projections in the OCS [Outer Continental Shelf] access case indicate that access to the Pacific, Atlantic, and eastern Gulf regions would not have a significant impact on domestic crude oil and natural gas production or prices before 2030.”

Considering that it will be nearly 10 years before the US could actually extract this oil and that offshore oil production would reach 200,000 barrels a day (0.2 percent of projected world production) at peak production in close to twenty years, it is clear why many deride offshore drilling as a wasteful non-solution.

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