Could it be?????

[bubba428]

http://www.nextenergynews.com/news1/...news2.13s.html

Independence from foreigner oil!!!!!
I really hope this is taken advantage of. Could you imagine gas getting back in the $1.xx area again?

[WildBillyT]

Originally Posted by bubba428

http://www.nextenergynews.com/news1/...news2.13s.html

Independence from foreigner oil!!!!!
I really hope this is taken advantage of. Could you imagine gas getting back in the $1.xx area again?

I hate to say it but I would bet that the government would drop oil prices by $.25 cents or so and use the rest of the money to pay off debt.

[firebirdcrazy]

This would really rock the world economy and get rid of those terrorist states using oil profits to finance them. I hope this is legit

[bubba428]

I hope the hell it is too...It would be killer to see gas prices drop but it would be better to tell opec to go eat their own smegma.

[edpontiac91]

Originally Posted by bubba428

I hope the hell it is too...It would be killer to see gas prices drop but it would be better to tell opec to go eat their own smegma.

I think a better term would be to eat what comes out of their own BUPA!

[V]

they've known about that reserve for years. There was a mini boom back in 79-83 then went bust. 200-300 billion barrels plus a ton of natural gas. the whole trick is how to access it and capture it all. There is no large system in place just yet

[firebirdcrazy]

Now with all the technology out they can drill pretty much anyway they want. So I think its possible now to get to it.

[V]

yes, horizontal drilling is opening up more opportunities and even finding more oil they didnt know about. so yes itll be a huge reserve but i dont think it will affect us too much, many people will still be about oil conservation, and not just meeting the demand with supply so we can pay less...

[firebirdcrazy]

I am sure the prices will come down but not by much. I just want them to send a big FU to the Middle east, Russia, and Venezuela once we dont need them. I would like the next President to do it formally on TV too lol.

[trashman01]

its sad to say this as i remember paying 1.20 a gallon, but if gas was 2.50 a gallon id be happy, gettin tired of paying 3.11-3.23 a gallon

[bubba428]

I've been paying 2.73-2.93 for Sunoco plus

[JL8Jeff]

I remember paying $.74 gallon for leaded regular! Those were the good old days.

[trashman01]

Originally Posted by bubba428

I've been paying 2.73-2.93 for Sunoco plus

yea well try living in CT, over taxed sate my buddy lives bout an hour from me, and he pays 3.62 for diesel, and 3.43 fo 87

[bubba428]

Originally Posted by trashman01

yea well try living in CT, over taxed sate my buddy lives bout an hour from me, and he pays 3.62 for diesel, and 3.43 fo 87

ouch...I wasn't complaining, Absecon/Galloway area has pretty good gas rates

[//<86TA>\\]

Originally Posted by WildBillyT

I hate to say it but I would bet that the government would drop oil prices by $.25 cents or so and use the rest of the money to pay off debt.

no, i think you are dreaming, they would probably RAISE the price $.25 and blow the rest on vacations for themselves and other useless BS and not put a dime towards the national dept.
F#$&ing politicians!
________
Bernadette

[r0nin89]

Would that be the reserve that they are banking on when they say the US will have oil for 50more years after the rest of the world runs out?

We're really no that dependant on terrorists. The middle east is like a whopping 5% and venezuala is like 2%. Mexico is our main importer last time I checked.

[Knipps]

Originally Posted by r0nin89

Would that be the reserve that they are banking on when they say the US will have oil for 50more years after the rest of the world runs out?

We're really no that dependant on terrorists. The middle east is like a whopping 5% and venezuala is like 2%. Mexico is our main importer last time I checked.

a TON of alaska is untapped.

[maroman88]

Originally Posted by Knipps

a TON of alaska is untapped.

holy tree huggers batman! thats why its untapped

[JohnG]

Originally Posted by JL8Jeff

I remember paying $.74 gallon for leaded regular! Those were the good old days.

I can remember $0.89 per gallon...

ah, but that was when a Democrat was in the White House !

[BonzoHansen]

Originally Posted by JL8Jeff

I remember paying $.74 gallon for leaded regular! Those were the good old days.

They stopped leaded fuel right about the time I started driving. The white Z I drove in high school had the filler neck modified so leaded fuel could be used (and no cat). Necks are skinner on unleaded nozzles. For years we had a tool that we had to use to check for filler neck tampering - even though leaded fuel was unavailable!

[Featherburner]

Originally Posted by JL8Jeff

I remember paying $.74 gallon for leaded regular! Those were the good old days.

Ah yes....I remember them fondly.

[BigAls87Z28]

I remember .89 cents.
This does nothing put but us back on the oil wagon. All that talk about gas friendly vehicles goes right into the ****ter now that we have a half a trillion barrels of oil. At least this could be a boost to our economy, and we dont have to drill into ANWAR.
We will now reroute all the money going into renewable, cleaner fuel sources like new ways to develop ethanol and biodiesel, and go into cutting up North Dakota.
This country is so oil hungry I bet you they would drill right though Mt.Rushmore to get oil.

[bubba428]

thats a good idea

[BigAls87Z28]

I like the idea of telling the Arab's to pound salt, but the use of oil does need to slow down. I think there are better ways to make fuel like ethanol to burn better, get better performance, and maintain the btu output of gasoline.
And all done cheaply and without too much energy or natural resources to be used up.

[bubba428]

BTU has nothing to do with power....its all about explosive expansion. The faster the molecules accelerate, the more is pressure created, the more force on the piston. I expect to see gobbs more torque from E85 and a slight bump in HP