Will offshore drilling lower oil prices? No.

Yes it will. It will show other oil producing countries that we are serious and maybe lower their price or increase production.

Charlie wrote:

Yes it will. It will show other oil producing countries that we are serious and maybe lower their price or increase production.

I agree competition is a wonderful thing. Socialists do not understand this.

if we increase our production 1 million barrels a day, thats 1 million barrels we don't buy from opec

Murdering the environment is wonderful too. Maybe you blowhards should consider the fact that we have sold 10% of our nation over to Saudi Arabia so that our fat, lazy American middle class can guzzle gas and attend Sunday church services. Instead of feeding the fat, we need to change our consumption habits to "healthy", both for the environment and our own nation's security. Relying on oil as our one primary source of energy--whether from the Saudi's or our own backyard--is a basic capital-economic "do not".

How is the murder rate in Philly these days?

If the oil companies are allowed to take more oil from the ground, they will continue to price gasoline just like they did before. Why would they lower the price? They have a duty to their shareholders to make as much money as possible. To do anything different is a dereliction of duty, for which they can be fired. They will keep the price as high as they can.

They have plenty of oil. They can charge whatever they think the public is willing to pay. Why would they charge less? If you sell something on ebay, do you take the first, lowest offer, or do you wait for the highest offer?

If there is a gas tax holiday, the oil companies would simply raise prices by exactly that amount and keep it as profit. Why wouldn't they?

you guys are clueless

Random wrote:

Murdering the environment is wonderful too. Maybe you blowhards should consider the fact that we have sold 10% of our nation over to Saudi Arabia so that our fat, lazy American middle class can guzzle gas and attend Sunday church services. Instead of feeding the fat, we need to change our consumption habits to "healthy", both for the environment and our own nation's security. Relying on oil as our one primary source of energy--whether from the Saudi's or our own backyard--is a basic capital-economic "do not".

maybe you should consider we are cleaning up Clintons mistake by not drilling in the 90's

Don Joe wrote:

If the oil companies are allowed to take more oil from the ground, they will continue to price gasoline just like they did before. Why would they lower the price? They have a duty to their shareholders to make as much money as possible. To do anything different is a dereliction of duty, for which they can be fired. They will keep the price as high as they can.
They have plenty of oil. They can charge whatever they think the public is willing to pay. Why would they charge less? If you sell something on ebay, do you take the first, lowest offer, or do you wait for the highest offer?
If there is a gas tax holiday, the oil companies would simply raise prices by exactly that amount and keep it as profit. Why wouldn't they?

the way the goverment scrutinises gas co. if we drill a million more and the price didnt drop shlit would hit the fan for big oil....we drill more the price drops.....supply and demand eco.101 and oil futures.

Random wrote:

Murdering the environment is wonderful too. Maybe you blowhards should consider the fact that we have sold 10% of our nation over to Saudi Arabia so that our fat, lazy American middle class can guzzle gas and attend Sunday church services. Instead of feeding the fat, we need to change our consumption habits to "healthy", both for the environment and our own nation's security. Relying on oil as our one primary source of energy--whether from the Saudi's or our own backyard--is a basic capital-economic "do not".

Well, I disagree on everything except your last statement.
The 'relying on oil as our one primary source of energy'(which by the way, we do not, we more rely on COAL for energy for everything except motor vehicles) is right on point.

However, everything else is not. First of all, we CANNOT change our consumption habits anymore than we have in the past 10 months. To be blunt, Americans have already cut out all pleasure trips in order to save on gas costs..... to the detriment of our economy.
Simply put, we CANNOT (period, done with, OVER TO INFINITY AND BEYOND) cut back anymore! Now, we COULD start making manufacturers make more fuel-efficient cars..... but then again, those 'more fuel efficient car' would cost 3-5 times what cars cost now....... prohibitively expensive ring a bell!
We already have cars that get about 40 miles to the gallon that AREN'T hybrids..... but those are the super-sub-compacts.... that aren't very safe when it comes down to it.

As to middle class America being 'fat and lazy'.... what freaking world do you live in? Middle class America works HARDER than most other countries middle-class does and even works harder than most other countries LOWER-CLASS (excepting China and India) when it comes down to it, usually working themselves near to death.

We simply need to make most of our power generation nuclear (we can reuse 90% of the waste from old reactors in new ones if we would just BUILD THE FREAKING NEW ONES). And we need to start drilling for oil on our own lands, in order to send a message overseas, as earlier posters said, that America isn't going to be held a gunpoint and sodomized over an oil barrel anymore.

Why is gas so high right now?
..because it is being used to manipulate the people into opening up the coasts and ANWR

Same old ploy...and the stupid people of this country will fall for it just like the Iraq war.
WMD's,....9/11

Nothing motivates like fear and pain
...and people are hurting from gas prices
..any guesses on what will happen?

the answer to oil is drill more oil

the answer to the economy is print more dollars

the answer to Iraq is bring in more troops

the answer to the environment is make more hybrids

the real answer is to inform ourselves and work together as citizens, there is power in numbers and we need to form some type of civilian group to promote American made, and work as a group. But with our 2 party system GOP has to hate DEMS and vice Versa so we all lose and the top 1% wins. We all know it, we just dont care, the American Way.

All these arguements are stupid and pointless, just a bunch of people willing to talk but not willing to walk. Keep arguing your CNN and Foxnews points, that 1% loves the sheep.

Says who ---- big oil?

"The real problem with the debate over offshore drilling is that it’s a huge distraction from real solutions within a reasonable period of time."

Read the article. You don't have to agree.

Currently oil prices are up because of supply disruptions in Nigeria. Why wouldn't the opposite occur if we produce one million barrels of oil here at home?

For all you clowns that don't want to drill, don't want nuclear power plants, don't want coal....I'll buy you all a cave in Muslim Jihad and throw in a goat for you to do and keep you warm at night.....stupid is that stupid does!

Oh ya, vote for that clown Obam and we'll relive JIMMA CARTER...the guy that created this mess....

saudi arabia and the democrat green commies are in lockstep together on oil prices........the dems will do anything to keep oil prices high and I even believe they have managed to manipulate the market to make prices high in america. As I have seen all over the place gasoline at 2.50 cents a gallon in third world countries.....the greens love high oil as it forces big cars off the road and allows them to push thru their socialist changes to american life........let alone their failed green energy policy which is NEIL................less then 1/10th of 1 percent of green energy supplies america...its oil we need not feel good commie ideas.

Mike wrote:

Currently oil prices are up because of supply disruptions in Nigeria. Why wouldn't the opposite occur if we produce one million barrels of oil here at home?

Today the disruptions in Nigeria were resolved (ceasefire tomorrow) and the Saudis announced increased output. The price of oil went up $1.38 or 1%.
Oil is in ample supply. Other factors are more important determinants of price fluctuations.

Charlie wrote:

Yes it will. It will show other oil producing countries that we are serious and maybe lower their price or increase production.

You're in la-la land.

Silentmajority22 wrote:

<quoted text>
I agree competition is a wonderful thing. Socialists do not understand this.

You are also in la la land.