I agree we won't see any drilling of the coast of VA until the obummer regime is gone. It will bring tons of high paying jobs to the area.
I agree we won't see any drilling of the coast of VA until the obummer regime is gone. It will bring tons of high paying jobs to the area.
The Bush administration didn't push for drilling off Virginia or the east coast of Florida either. Drilling is an economic choice made by the oil companies. They are sitting on many, many unused permits now. They will only even begin to think about drilling in the non traditional areas when it is economically reasonable.Once the price of oil gets up around $150/bbl you may see them looking to expand but right now they have all they can handle in the GOM and Alaska. Permit issuance is speeding up in the GOM . It took a while for BOEMRE to realize they actually had to start reviewing the permits instead of just signing off on them as they had been and it took the oil companies time to realize they needed to make the permit fit the well they intended to drill. Things like BP's environmental plan for the Macando well containing a plan protecting seals and walruses in case of a blow out just won't fly any more. It was a copied plan for another well but BOEMRE never noticed that little item and and BP knew they didn't even read the damn things most of the time any way. If congress would better fund BOEMRE it would help. They need more people now that they actually have to read the permit apps.
You won't see it from the coast but their will be drilling about 75nm from the coast of Key West!! In Cuba, they are moving ahead at full force!
http://ecoweekfloridakeys.com/summit...l-drilling-off
Bahamas will try to also.
I think we should take a very close look at who is going to receive oil from new fields things aren't always as they appear oil from the gulf is going from the ground to tankers bound for China today "Petrobras" I am all for drilling but it would be nice if the product was actually for the USA not being taken directly overseas at least let it come ashore for processing then send it out. Presently some company's are looking at the FL coast but are running cost projections basing operations from Fourchon so the FL coast probably won't see that many new jobs it's only my observation but food for thought.
Those are some strong words!! I am not here to disrespect anyone so I will stay out of this one!Originally Posted by tengineer
I feel very strongly that evenually rigs will spring up all along the east coast.. I believe its just a matter of time and public pressure due to ridiculous oil prices.Originally Posted by PR-9
Gas isn't expensive due to supply of oil. Refineries are actually shutting down due to high oil prices compared to low demand for fuel. Oil is artificially driven by futures markets.
Exactly!Originally Posted by rigdvr
Sent from my PiratePhone using gCaptain
Public pressure has not recently and probably never will have anything to do with oil prices except in as far as demand goes. The oil companies learned their lesson back in the 80's and there is no way they are going to drill themselves back into lower oil prices. Their business is to make money; not provide anyone with low price gasoline, heating oil or any other form of crude oil.Those of us who work in the oil industry know that higher oil prices by the barrel and at the pump translates into more job security for us.
Oil at $150/bbl is not unreasonable and if the average consumer can't stand the price increase maybe they should consider using something besides a 18mpg vehicle for the daily commute. No one ever promised cheap gas for gas guzzlers, least of all the oil producers. If you really want to lower the price lower the demand for refined products, don't wait for the oil companies to give you a gift outta their pocket cause it ain't gonna happen. Only a worldwide recession and/or a stable middle east would lower oil prices at this point in time. [of course regulating the speculators which would help, but that ain't going to happen either.]
Tengineer
There is the Sunoco refinery in Philly that they just shutdown instead of upgrading to more modern operation. The big problem is that there hasn't been a refinery built in the US since the 70's. I bet there has been maybe one or two advances in the refining process. It would seem that CEOs want to wanted to show huge profits to get a bonus instead of spending money on upgrades..Fuck it let's not tax the rich and go to war with Iran
Strippers changed my life- Brad Pitt
Don't forget our "friendly" regulatory agencies....
Chesapeake Bay would be soooooo much easier than anything International in my case!
It would be so much easier than anything out of state in my caseOriginally Posted by sailorgal
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