BP oil spill

Joined
Nov 13, 2009
Messages
590
Likes
40
Points
18
#22
Hey Gumbii,

At the rate "we" the American people are allowing BP, Enron, Lehman Bros, AIG rape our natural resources/economy I'd rather opt for 3rd world status. China has more solar power, more panel production and India is coming on right behind the good ol USA. We'll be the laughing stock of hte world if we don't change--oops, many of our malls are already empty and in foreclosure.

Conservation baby! I set up a drip irrigation/grey water and cut my water bill to 8-9 HCF daily and 15 kWH with reef 3 tanks. It's time for everyone to step up. No pain no gain.

thot Prez did good tonite--make 'em pay, clean house on the regulators and shift towards more r & d and energy plan for the future. Trust him more than the oilmen who set up us for this mess.
 
Joined
Feb 15, 2009
Messages
19,546
Likes
334
Points
83
Location
bell gardens
#23
Is BP stock a "buy" despite it all?
i would still buy in BP.... it's a zillion dollar company... you can't go wrong...

Hey Gumbii,

At the rate "we" the American people are allowing BP, Enron, Lehman Bros, AIG rape our natural resources/economy I'd rather opt for 3rd world status. China has more solar power, more panel production and India is coming on right behind the good ol USA. We'll be the laughing stock of hte world if we don't change--oops, many of our malls are already empty and in foreclosure.

Conservation baby! I set up a drip irrigation/grey water and cut my water bill to 8-9 HCF daily and 15 kWH with reef 3 tanks. It's time for everyone to step up. No pain no gain.

thot Prez did good tonite--make 'em pay, clean house on the regulators and shift towards more r & d and energy plan for the future. Trust him more than the oilmen who set up us for this mess.
you has a point dude... even australia doesn't rely on fossil fuels... they run on charcoal... i think...


i dunno...


you guys should watch more current TV... i think that's how tv is going to evolve into... a bunch of 3-5 minute intervals of non stop quality tv... although... they do have cheesy shows now... well... rating talk i guess... or money... either way... that's al gore's vision of TV... it works for me...
 
Joined
Oct 30, 2009
Messages
1,538
Likes
219
Points
63
#26
Oil isn't going anywhere. We'll be using it for the next hundered plus years.
The sole reason of buying oil from the Arabs is to deplete their reserves which saves ours. It's old news that in Texas alone there is reserves that'll last decades.

Now is a good time to buy BP. Buy low sell high is the game. Everyone thought that Exxon would go belly up and it's still around.


http://www.energyindustryphotos.com/deepest_offshore_oil_drilling_ri.htm
 
Joined
Nov 18, 2009
Messages
3,243
Likes
32
Points
0
Location
RIVVAAASIDE!!!!
#27
Joined
Nov 18, 2009
Messages
3,243
Likes
32
Points
0
Location
RIVVAAASIDE!!!!
#28
As interesting as it is...

It is like everything time will cure it. BP makes $400,000,000 everyday in the gulf through the expliots of Crude and Natural gas mining. What is a couple million or even a billion dollars to them? Not much. I am not saying that it doesn't piss me off that they did this or that this happened. However, think about this... We will all be dead and gone before the oil reserves are gone from this planet, and it will probably keep happening. This is what technology is all about... learning what we can and cannot do. This problem may create another technology that we can use to prevent this from happening in the first place.
 

therapy

New member
Joined
Jun 13, 2007
Messages
467
Likes
1
Points
0
#29
BP seems to be a short sale purchase in the short term and a buy in the long term.
 
D

DETANE

Guest
#31
I forgot what post it was but somebody said BP wont hear me or something like that.. lol
Turns out BP contacted me today and offered me $60K to help with the oil clean up.
 
Joined
Feb 15, 2009
Messages
19,546
Likes
334
Points
83
Location
bell gardens
#32
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^





Morally i HATE what they did
i do too... but i think i'm more angry at the asian infrastructure than the oil spill... over in china, in under 30 years, they wiped out the last species of freshwater river dolphin... over there, it would be totally fixable and an easy thing to rescue some... but did they lift a finger..?? no...

they've been presumed extinct in 2006...
 
Joined
Nov 13, 2009
Messages
590
Likes
40
Points
18
#33
... However, think about this... We will all be dead and gone before the oil reserves are gone from this planet, and it will probably keep happening. This is what technology is all about... learning what we can and cannot do. This problem may create another technology that we can use to prevent this from happening in the first place.
For me I'd rather put my money on technology; on what's new, emerging and transformative not what's old and causing massive economic, environmental damage which translates into massive liability. Not to say you won't make boku $ from oil just not for me as a strategy.

Here's something about peak oil from our military according to the Guardian.

http://www.guardian.co.uk/business/2010/apr/11/peak-oil-production-supply
 

reef_doug

New member
Joined
Jun 30, 2007
Messages
366
Likes
0
Points
0
Location
Hesperia/Apple Valley
#35
Joined
Nov 13, 2009
Messages
590
Likes
40
Points
18
#37
Rumors abound...I heard a Russian firm is looking too; the vultures circle. According to Thad Allen BP will be liable if someone's home gets oiled up from a storm surge!

I thought about Tesla but still too speculative plus I'd rather send my hard earned cash to groups working to save the reefs right now.

A guy posted on Reef Central an article from NYT on deep water reefs in the gulf which made me think about what that oil and dispersant is doing to those coral.
 
Joined
Nov 13, 2009
Messages
590
Likes
40
Points
18
#39
Why America needs to free itself from oilBy Jonathan Powers, Special to CNNJuly 4, 2010 9:37 a.m. EDT

Jonathan Powers says U.S. thirst for oil threatens its economic and national security
He says America sends billions to hostile regimes which helps fuel terrorism, insurgency
Oil constrains American foreign policy choices, he says
Powers: U.S. should dedicate next two decades to developing alternatives to oil

Editor's note: Jonathan Powers, a veteran of the war in Iraq, is the chief operating officer for the Truman National Security Project, which describes itself as an organization that "recruits, trains, and positions a new generation of progressives across America to lead on national security."

(CNN) -- For two years in a row, I celebrated Independence Day in the oppressive heat of Iraq along with fellow soldiers. A few nonalcoholic beers and some locally grown watermelon were our replacement for hot dogs and potato salad.

This year, as Americans across the nation celebrate July Fourth with barbecues and fireworks, those most responsible for defending our independence, the military, will continue to fight two wars. And it is a shame that we will let yet another July Fourth pass us by without making substantial progress toward ending our unnecessary dependence on oil, a dependence that is funding the bullets that our enemies fire at our troops in Iraq and Afghanistan.

It is for that reason, and many more, that the fight for energy independence is being fought here at home, a struggle I hope more Americans will join in support of those who are fighting abroad.

Oil poses a clear threat to America's economic and national security. This spring we have watched as untold millions of gallons of oil flowed into the Gulf. But for years, we have watched as billions of dollars flowed to hostile nations to pay for oil.

Every day, we send well over a billion dollars out of this country to pay for oil -- money that could and should be used to grow our economy and create jobs. The simple fact is that our dependence on oil from nations in the Middle East and other regions constrains our choices, hamstringing America's flexibility and choices on the world stage.

Too often, we are forced to consider the impact our foreign policy will have on our oil supply instead of whether a choice is in line with our values. Every day, we make a clear choice between living up to those values (and strengthening our security) and prolonging our weakness as a dirty-energy nation.

Today, thousands of Americans are calling for a new freedom from oil -- a dangerous, dirty and vulnerable source of energy. This week, 10,000 American flags were planted on the National Mall, each representing Americans who have pledged to free our nation from a long and damaging cycle of dependence.

As Americans look to rebuild our economy, we must consider the massive, alarming and unprecedented transfer of wealth to those who do not share our values. America's ability to underwrite our national security always had, at its heart, the pumping arteries of a vibrant economy.

Unless we act soon, we will be held hostage to the rest of the world, not just for oil, but for the clean-energy technology that will power the next century of growth and prosperity. Already dependent on oil, our country needs to act now lest we become dependent on China for solar panels.

A more insidious impact of our dependence is clear in America's foreign and military policy. Today we are forced to both pay and protect the nations that supply our oil, the very nations that fuel extremism around the world and turn a blind eye to terrorist funding within their own borders. That money, winding its way through shady front groups and so-called charities, ends up funding not just insurgents in Iraq, but also in Afghanistan and Pakistan.

The tragedy in the Gulf of Mexico demonstrates, in clear and often painful terms, just how unreliable our energy sources have become. We are forced to drill to the deepest depths of the ocean, to despoil the richness of our God-given natural treasures, and to rely on dangerously uncontrollable technologies.

It is time for us to stand on our own -- to take control of our energy -- with sources that will not threaten our security, fund our enemies or force us to ignore our values. The long struggle to live up to the challenge of our values has always been difficult, but today we stand at a clear crossroads between moving beyond oil or prolonging our dependence on it.

Clean, American power is possible, but only if we commit ourselves to achieving that goal. In the spirit of the holiday and in light of the tragedy in the Gulf, let us dedicate the next two decades to winning a new battle for American independence -- from oil.

The opinions expressed in this commentary are solely those of Jonathan Powers.
 
Joined
Oct 30, 2009
Messages
1,538
Likes
219
Points
63
#40
We don't need independance from oil. We just need use our own oil. But if we do that. We don't deplete foreign oil reserves which is the plan behind buying foriegn oil.

The problem with these wars we are fighting is we now ask permission to shoot the bad guys. A raid on a house is not a raid. Soldiers knock on a door and ask if they can search the home. The people say no. Come back later. They go back later and the people are gone. That is not war. That is policing. Policing is bad and costs lives. We need to treat this as war and use tanks and heavy artillary. Not men and women going house to house looking for the enemy, while the enemy walks up or pulls up in a car loaded with dynamite willing to kill themselves Kamakaze style.

Hard to fight a war when you don't know who is the enemy. Happens all the time there. A local hangs out for a few days. Soldiers see and recognize them as friendly. Then two weeks down the road, Mr. friendly blows himself up in a crowd.

We stopped Japan with three bombs. We stopped Iraq in the 90s in 3 months. We can end this thing but won't. We're trying to befriend the enemy. And getting stabbed in the back.

This thing with BP? It was only a matter of time and who. Just happen to be in a gulf near us with some Americans working it. There are over a thousand rigs in that gulf we only have relations with about 30 percent of them. The rest to other countries. Have you heard of mexicos well? Leaked for two years in the gulf. But that's not it. There are leaking wells all over this planet and have nothing to do with the states. So the U.S. not using oil isn't going to stop anything.

Just like this crap with buying carbon credits. Al Gore fights against over usage on energy but it's fact he's one of the highest users in the states. But his explaination is he buys carbon credits in other countries to save the rain forrest or some other natural habitat. How's that going? You hear everday that despite the carbon credit program these countries conitinue to cut down the very forrest they were meant to preserve. The leaders of those countries pocket the money and don't redistribute to the people to keep them from changing. It's politics.

The bigger government gets. The more problems we'll have. You take the control from the people and put it in the hands of power hungry self serving politicians. Since the last election. Government has almost tripled. Beauacracy gets in the way of taking care of matters like creating jobs for Americans, securing borders to control how our economy grows and falls with some type of order...................and like the oil spill.

It's easier to point fingers at others and those in the past to redirect blame to keep those high power positions. It was them not us. That's what civil activist do. Point blame, not find remedies. Guns are evil. Not the guy pulling the trigger. We need to get rid of guns. Really? Why not do away with bad guys instead? Why? They say. Because you'll violate his civil rights condeming him to death for murdering someone so he could take their property.

Oil isn't the problem.
 

Latest posts

Top