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	<title>Comments on: &#8220;Drill Here.  Drill Now.  Pay Less.&#8221;  More Conservative Bullshit.</title>
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	<link>http://vancouverpeakoil.org/2008/07/06/drill-here-drill-now-pay-less-more-conservative-bullshit/</link>
	<description>VPOE is working with NGO’s, foundations, citizens' groups and the media to build awareness of the imminent peak oil crisis and its potential effects on the metro Vancouver area.  They are currently in the planning stages of a Vancouver Peak Oil Task Force and a Vancouver Food Security conference to be held in Spring 2008.</description>
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		<title>By: Draining America's Oil is NOT a Solution &#124;</title>
		<link>http://vancouverpeakoil.org/2008/07/06/drill-here-drill-now-pay-less-more-conservative-bullshit/#comment-102</link>
		<dc:creator>Draining America's Oil is NOT a Solution &#124;</dc:creator>
		<pubDate>Tue, 08 Jul 2008 05:50:06 +0000</pubDate>
		<guid isPermaLink="false">http://vancouverpeakoil.org/2008/07/06/drill-here-drill-now-pay-less-more-conservative-bullshit/#comment-102</guid>
		<description>[...] &#8220;Drill Here. Drill Now. Pay Less.&#8221; More Conservative Bullshit. - Both Congress and President George HW Bush have prevented offshore drilling: the 97th US Congress (House controlled by the Democratic Party 244 - 191, Senate by the Republican Party 53 - 46 - 1) banned offshore oil drilling in 1981; &#8230; [...]</description>
		<content:encoded><![CDATA[<p>[...] &ldquo;Drill Here. Drill Now. Pay Less.&rdquo; More Conservative Bullshit. &#8211; Both Congress and President George HW Bush have prevented offshore drilling: the 97th US Congress (House controlled by the Democratic Party 244 &#8211; 191, Senate by the Republican Party 53 &#8211; 46 &#8211; 1) banned offshore oil drilling in 1981; &#8230; [...]</p>
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		<title>By: EvanRobinson</title>
		<link>http://vancouverpeakoil.org/2008/07/06/drill-here-drill-now-pay-less-more-conservative-bullshit/#comment-101</link>
		<dc:creator>EvanRobinson</dc:creator>
		<pubDate>Tue, 08 Jul 2008 04:09:01 +0000</pubDate>
		<guid isPermaLink="false">http://vancouverpeakoil.org/2008/07/06/drill-here-drill-now-pay-less-more-conservative-bullshit/#comment-101</guid>
		<description>It&#039;s always interesting to see what people read into what you write:

me:
hydrogen isn’t an energy source, it’s just a storage medium. One of the major problems facing us is that petrochemicals are very energy dense. We can’t build batteries that store energy nearly as well as gasoline does. Hydrogen (possibly in some kind of aerogel frame) is pretty promising in that regard.

Which somehow got turned by Jerry into &quot;promoting&quot; Hydrogen as a source of energy:
Also research Hydrogen opposed to continually promoting it, as it’s a very poor medium, and that’s what it is a MEDIUM not a source (at the moment). You still have to generate the power (and waste the vast majority of it putting energy into Hydrogen).

It&#039;s true that I didn&#039;t mention Geothermal, which is a killer energy source when it&#039;s available.  Iceland not only powers their whole island on it, they also produce a significant fraction of the world&#039;s aluminium (which is a very electricity intensive process).

Now, as for drillalaska.org:

On a supply &amp; demand basis, 300K/500K bpd from Saudi Arabia isn&#039;t going to make any significant difference.  The fact that miles driven in the US are down about 5% over last year&#039;s May is more significant, as is the brief upswing in oil stores in the US (which resulted in about a $3/bbl drop followed by a large jump a few days later).  As for being excited about it over 900K bpd from ANWR, that 900K from ANWR comes in quite a few years.  Oil today is better for prices than oil tomorrow :-).

The bottom line is that we&#039;re too close to the limits of the extraction capacity.

Drilling in ANWR will provide us with about 900K bpd if we&#039;re lucky -- in 15 - 20 years.  At that point the elasticity of demand is expected to be such that that 900K bpd drops the price of a barrel of oil about 50 cents, or about 1 cent per gallon.  You can&#039;t make the assumption that the elasticity will be the same then as it is now, but the modelers make assumptions based upon their expectations of world supply and demand.

Shale reserves are questionable and extremely expensive (in energy, water,and environmental degradation) to extract.  The oil sands extraction in Alberta has been described as the worst environmental disaster in Canadian history, and there remains question about whether it is actually energy positive.  Northern Canada has a lot more fresh water for the extraction process than places like Colorado and Wyoming do.

Finally, we&#039;re not choking anything off.  World demand for petrochemicals is doing that for us.  Forward looking people have been aware that this was coming for decades, and US energy policy has been more or less consistently intent upon enriching the multinational oil companies and appeasing foreign sources of oil.  Since 9/11 we haven&#039;t been nearly as good at that latter bit as we used to be :-(.</description>
		<content:encoded><![CDATA[<p>It&#8217;s always interesting to see what people read into what you write:</p>
<p>me:<br />
hydrogen isn’t an energy source, it’s just a storage medium. One of the major problems facing us is that petrochemicals are very energy dense. We can’t build batteries that store energy nearly as well as gasoline does. Hydrogen (possibly in some kind of aerogel frame) is pretty promising in that regard.</p>
<p>Which somehow got turned by Jerry into &#8220;promoting&#8221; Hydrogen as a source of energy:<br />
Also research Hydrogen opposed to continually promoting it, as it’s a very poor medium, and that’s what it is a MEDIUM not a source (at the moment). You still have to generate the power (and waste the vast majority of it putting energy into Hydrogen).</p>
<p>It&#8217;s true that I didn&#8217;t mention Geothermal, which is a killer energy source when it&#8217;s available.  Iceland not only powers their whole island on it, they also produce a significant fraction of the world&#8217;s aluminium (which is a very electricity intensive process).</p>
<p>Now, as for drillalaska.org:</p>
<p>On a supply &#038; demand basis, 300K/500K bpd from Saudi Arabia isn&#8217;t going to make any significant difference.  The fact that miles driven in the US are down about 5% over last year&#8217;s May is more significant, as is the brief upswing in oil stores in the US (which resulted in about a $3/bbl drop followed by a large jump a few days later).  As for being excited about it over 900K bpd from ANWR, that 900K from ANWR comes in quite a few years.  Oil today is better for prices than oil tomorrow <img src='http://vancouverpeakoil.org/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> .</p>
<p>The bottom line is that we&#8217;re too close to the limits of the extraction capacity.</p>
<p>Drilling in ANWR will provide us with about 900K bpd if we&#8217;re lucky &#8212; in 15 &#8211; 20 years.  At that point the elasticity of demand is expected to be such that that 900K bpd drops the price of a barrel of oil about 50 cents, or about 1 cent per gallon.  You can&#8217;t make the assumption that the elasticity will be the same then as it is now, but the modelers make assumptions based upon their expectations of world supply and demand.</p>
<p>Shale reserves are questionable and extremely expensive (in energy, water,and environmental degradation) to extract.  The oil sands extraction in Alberta has been described as the worst environmental disaster in Canadian history, and there remains question about whether it is actually energy positive.  Northern Canada has a lot more fresh water for the extraction process than places like Colorado and Wyoming do.</p>
<p>Finally, we&#8217;re not choking anything off.  World demand for petrochemicals is doing that for us.  Forward looking people have been aware that this was coming for decades, and US energy policy has been more or less consistently intent upon enriching the multinational oil companies and appeasing foreign sources of oil.  Since 9/11 we haven&#8217;t been nearly as good at that latter bit as we used to be <img src='http://vancouverpeakoil.org/wp-includes/images/smilies/icon_sad.gif' alt=':-(' class='wp-smiley' /> .</p>
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		<title>By: drillalaska.org</title>
		<link>http://vancouverpeakoil.org/2008/07/06/drill-here-drill-now-pay-less-more-conservative-bullshit/#comment-99</link>
		<dc:creator>drillalaska.org</dc:creator>
		<pubDate>Tue, 08 Jul 2008 02:26:20 +0000</pubDate>
		<guid isPermaLink="false">http://vancouverpeakoil.org/2008/07/06/drill-here-drill-now-pay-less-more-conservative-bullshit/#comment-99</guid>
		<description>So, I&#039;m confused.  Here are a couple of questions.  Let&#039;s say we do ONLY get 875k barrells of oil from ANWR, which we are getting already from the area - down from over a million barrells of oil.  So, why does everyone get so excited over 500k barrells of oil increase from the middle east?  If nearly 1 million barrels will only change the price of gas by $.01, how can first 300k then up to 500k even affect the price of gas???  Here it is the first week of July and we already see the price of gas affected by $.10 less per gallon.

Second, if Congress passes House Bill H110-6107, we could open up our shale reserves for oil drilling and our dependence upon foreign oil could be over.  What is so wrong with that?

Lastly, lets allow industry to develop AFFORDABLE alternative forms of energy and vehicles BEFORE we choke off our supply of our current form of energy.  Lets face it, some form of Oil has been used since the beginning of time.</description>
		<content:encoded><![CDATA[<p>So, I&#8217;m confused.  Here are a couple of questions.  Let&#8217;s say we do ONLY get 875k barrells of oil from ANWR, which we are getting already from the area &#8211; down from over a million barrells of oil.  So, why does everyone get so excited over 500k barrells of oil increase from the middle east?  If nearly 1 million barrels will only change the price of gas by $.01, how can first 300k then up to 500k even affect the price of gas???  Here it is the first week of July and we already see the price of gas affected by $.10 less per gallon.</p>
<p>Second, if Congress passes House Bill H110-6107, we could open up our shale reserves for oil drilling and our dependence upon foreign oil could be over.  What is so wrong with that?</p>
<p>Lastly, lets allow industry to develop AFFORDABLE alternative forms of energy and vehicles BEFORE we choke off our supply of our current form of energy.  Lets face it, some form of Oil has been used since the beginning of time.</p>
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		<title>By: Jerry</title>
		<link>http://vancouverpeakoil.org/2008/07/06/drill-here-drill-now-pay-less-more-conservative-bullshit/#comment-94</link>
		<dc:creator>Jerry</dc:creator>
		<pubDate>Mon, 07 Jul 2008 08:23:18 +0000</pubDate>
		<guid isPermaLink="false">http://vancouverpeakoil.org/2008/07/06/drill-here-drill-now-pay-less-more-conservative-bullshit/#comment-94</guid>
		<description>For people who keep writing that &quot;solar, wind, hydro, etc&quot; are renewable technology that can run society, can they please read what &quot;base load&quot; is before thinking that is the magic answer, let alone the capacity. 

Though 95% of BC&#039;s power is hydro electric anyway and Meager shows how much is possiable though geothermal.

Also research Hydrogen opposed to continually promoting it, as it&#039;s a very poor medium, and that&#039;s what it is a MEDIUM not a source (at the moment). You still have to generate the power (and waste the vast majority of it putting energy into Hydrogen).

As I pointed out here (RE :renewable technology)

http://vancouverpeakoil.org/faq/is-the-hydrogen-highway-a-scam-to-keep-us-believing-in-technology/

Meager :

http://www.geopower.ca/meagerdescription.htm

Which Ironically is going to be used to sell power to the US as well.

If you think geothermal is a joke or I&#039;m some kind of nut check out the Philippines and how much of their power comes from it, or New Zealand, Iceland etc ..... let alone all the other countries that live in the real world and are forward thinking opposed to hanging onto this oil addiction (or Hydrogen dream !).

Research people !

Just an example of a country that uses what it has opposed to raping the middle east :

http://en.wikipedia.org/wiki/Geothermal_power_in_Iceland</description>
		<content:encoded><![CDATA[<p>For people who keep writing that &#8220;solar, wind, hydro, etc&#8221; are renewable technology that can run society, can they please read what &#8220;base load&#8221; is before thinking that is the magic answer, let alone the capacity. </p>
<p>Though 95% of BC&#8217;s power is hydro electric anyway and Meager shows how much is possiable though geothermal.</p>
<p>Also research Hydrogen opposed to continually promoting it, as it&#8217;s a very poor medium, and that&#8217;s what it is a MEDIUM not a source (at the moment). You still have to generate the power (and waste the vast majority of it putting energy into Hydrogen).</p>
<p>As I pointed out here (RE :renewable technology)</p>
<p><a href="http://vancouverpeakoil.org/faq/is-the-hydrogen-highway-a-scam-to-keep-us-believing-in-technology/" rel="nofollow">http://vancouverpeakoil.org/faq/is-the-hydrogen-highway-a-scam-to-keep-us-believing-in-technology/</a></p>
<p>Meager :</p>
<p><a href="http://www.geopower.ca/meagerdescription.htm" rel="nofollow">http://www.geopower.ca/meagerdescription.htm</a></p>
<p>Which Ironically is going to be used to sell power to the US as well.</p>
<p>If you think geothermal is a joke or I&#8217;m some kind of nut check out the Philippines and how much of their power comes from it, or New Zealand, Iceland etc &#8230;.. let alone all the other countries that live in the real world and are forward thinking opposed to hanging onto this oil addiction (or Hydrogen dream !).</p>
<p>Research people !</p>
<p>Just an example of a country that uses what it has opposed to raping the middle east :</p>
<p><a href="http://en.wikipedia.org/wiki/Geothermal_power_in_Iceland" rel="nofollow">http://en.wikipedia.org/wiki/Geothermal_power_in_Iceland</a></p>
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