McCain plays with fire on offshore drilling

[all saints day]

McCain plays with fire on offshore drilling
By calling for an end to the federal ban on offshore oil drilling, John McCain is placing a risky bet. He is wagering that skyrocketing gas prices have finally reached a tipping point, a threshold moment that has led voters to rethink their strong and long-held opinions against coastal oil exploration.

The stakes couldn't be higher: If he is wrong, McCain will have seriously damaged his chances in two key states with thousands of miles of coastline — California and Florida — and where opposition to offshore oil drilling has been unwavering. And he will have undermined some of his closest political allies in those states and others, including potential fall battlegrounds such as Virginia and North Carolina...

http://news.yahoo.com/s/politico/20080617/pl_politico/11154

[Brother Buzzard]

What's he got to lose? A lot of people have been begging him to flip on this issue for a long time. The polls are in his favor:

http://rasmussenreports.com/public_content/politics/general_politics/67_support_offshore_drilling_64_expect_it_will_lower_prices

And Charlie Crist just flipped in his favor too:

http://www.miamiherald.com/news/breaking_news/story/573350.html

Also, doesn't this story belong in the "Off Topic" section? This doesn't look like movie news/press releases to me.

[all saints day]

...Also, doesn't this story belong in the "Off Topic" section? This doesn't look like movie news/press releases to me.

No.  This part of the forum is Press releases and Movie News and all regular news stories on this board are posted here. 

[Rev. Powell]

My opinion on offshore drilling: who cares if the view of a few coastal Texans/Floridians is impaired?  When you build a house by the sea, you bear the risks, including the possible erection of offshore platforms, flooding, and saltwater zombies. 

My opinion on whether it's a good political move for McCain: I dunno.  Ideally, [entering fanatasyland] a candidate should build his platform around what he thinks is good for the country, and try to sell his vision to the voting public through convincing facts and analysis[/fantasyland].

On whether this should be posted in "off topic" or "press releases": no opinion.     

On Allhallowsday's new identity: Wonka, I think you should log back onto your profile to post.  If you keep this posting pattern up you're in danger of turning into Menard II... *shudder*

[all saints day]

My opinion on offshore drilling: who cares if the view of a few coastal Texans/Floridians is impaired?  When you build a house by the sea, you bear the risks, including the possible erection of offshore platforms, flooding, and saltwater zombies. 

My opinion on whether it's a good political move for McCain: I dunno.  Ideally, [entering fanatasyland] a candidate should build his platform around what he thinks is good for the country, and try to sell his vision to the voting public through convincing facts and analysis[/fantasyland].

On whether this should be posted in "off topic" or "press releases": no opinion.     

On Allhallowsday's new identity: Wonka, I think you should log back onto your profile to post.  If you keep this posting pattern up you're in danger of turning into Menard II... *shudder*

The concern with offshore drilling is oil spills, entirely environmental.  I offer no opinion one way or the other, simply that clarification. 

Oh, and All Saint's Day is not a new identity, it's a nom de plume.  More to the point, I'm sharing InYourRear's temporary banishment which ends Friday, a negligible punishment.  His karma continues to rise, but mine, not at all.  Obviously, that turd has fans here, but I lack that coterie.  My point is made for my own sake, if not for anyone else's. 

[trekgeezer]

The real point is that allowing oil drilling offshore isn't going to be any quick help.  It'll be long after the next two presidential terms before they could get the rigs up and running.

[ulthar]

The real point is that allowing oil drilling offshore isn't going to be any quick help.  It'll be long after the next two presidential terms before they could get the rigs up and running.

I agree with your last sentence, but I heard an interview last week with an ex-floor trader on the issue of commodities trading.  She said if it were announced today that we are going to drill on the shelf or in ANWAR, the price would drop pretty quick.

Those advising buy or sell on oil are looking into the future about 10 years or so.  Her point was that because they are advising long term investors, ie those with big bucks that really make a difference on this kind of thing, "sell now because the supply side will seriously change within the next 8-10 years), the effect will be almost immediate.

She's not in it anymore, so her comments were not to push up her commissions or anything like that.  She was just offering the experience of someone actually in the finance industry.

[Raffine]

Obviously, that turd has fans here, but I lack that coterie.  My point is made for my own sake, if not for anyone else's. 

Count me as a fan, either 'Hallows' or 'Saints'. 

Consider this a Karma IOU you can collect after your return.



FUN FACT: If you do a Google image search for KARMA you gets lots of pictures of ladies' naughty bits!
Not recommended for children under 18, pregnant women, highly nervous persons, or persons with weak hearts or back trouble.

[all saints day]

Count me as a fan, either 'Hallows' or 'Saints'. 
Consider this a Karma IOU you can collect after your return.

You're funny... Thanks for the kind words; means much more than you may realize.  And you can find me right in this part of the forum, just look for the notorious thread (not that one) about BUSH and Iraq Intel, started by Allhallowsday.  I have logged in a few times, but only to pm a few friends and restore the karma of the others I know were "smited" by InYourRear.  I don't think they know I've been doing that, but it makes me feel better.    I'll be sure to karma you, too.  Karma is not quite as meaningless as I had thought.  It's symbolic.  

[Raffine]

FIGHT THE POWER!

[Rev. Powell]

My opinion on offshore drilling: who cares if the view of a few coastal Texans/Floridians is impaired?  When you build a house by the sea, you bear the risks, including the possible erection of offshore platforms, flooding, and saltwater zombies. 

My opinion on whether it's a good political move for McCain: I dunno.  Ideally, [entering fanatasyland] a candidate should build his platform around what he thinks is good for the country, and try to sell his vision to the voting public through convincing facts and analysis[/fantasyland].

On whether this should be posted in "off topic" or "press releases": no opinion.     

On Allhallowsday's new identity: Wonka, I think you should log back onto your profile to post.  If you keep this posting pattern up you're in danger of turning into Menard II... *shudder*

The concern with offshore drilling is oil spills, entirely environmental.  I offer no opinion one way or the other, simply that clarification. 

Oh, and All Saint's Day is not a new identity, it's a nom de plume.  More to the point, I'm sharing InYourRear's temporary banishment which ends Friday, a negligible punishment.  His karma continues to rise, but mine, not at all.  Obviously, that turd has fans here, but I lack that coterie.  My point is made for my own sake, if not for anyone else's. 

One of the reasons I hate to post in these types of threads is that to do competently requires more time than I'm willing to put in.  I thought of the environmental concerns, but they're more theoretical than real, to my knowledge (which doesn't mean they can't motivate people).  As I recall from growing up in Texas near the Gulf coast is that people hated the fact that they spoiled the view.

Nice to hear that the self-imposed banishment will end.  I wasn't aware that InYaRear's karma was rising.  He must have a secret dedicated fan.  Don't let it bother you, it's all childishness. 

[CheezeFlixz]

The real point is that allowing oil drilling offshore isn't going to be any quick help.  It'll be long after the next two presidential terms before they could get the rigs up and running.

I agree with your last sentence, but I heard an interview last week with an ex-floor trader on the issue of commodities trading.  She said if it were announced today that we are going to drill on the shelf or in ANWAR, the price would drop pretty quick.

Those advising buy or sell on oil are looking into the future about 10 years or so.  Her point was that because they are advising long term investors, ie those with big bucks that really make a difference on this kind of thing, "sell now because the supply side will seriously change within the next 8-10 years), the effect will be almost immediate.

She's not in it anymore, so her comments were not to push up her commissions or anything like that.  She was just offering the experience of someone actually in the finance industry.

Spot on, markets are futures and speculations, some want to say "Oh you won't get nothing for 10 years!" well yeah and you point is? The knowledge of the trader, the speculator that more product will one day enter the market will drive the price down now as they deal in futures. While short term futures my rise, long term futures will fall.
The Chinese announced that they will no longer subsidize oil, the price dropped $5 a barrel today and will likely fall more tomorrow as after hours trading was down. Now once the impact of a 20% rate hike on the Chinese people has time to play out and the market can see if consumption goes down the market will react again.
Just the news that American drove 1.8% less this year than last will drive prices down, now 1.8% doesn't sound like much until you factor in that Americans drove over 3 TRILLION (Trillion with a T) miles last year according to the Federal Highway Administration. 1.8% translates into a lot of gas.
It's all supply and demand, great supply and falling demand equals lower prices.

[ghouck]

FUN FACT: If you do a Google image search for KARMA you gets lots of pictures of ladies' naughty bits!
Not recommended for children under 18, pregnant women, highly nervous persons, or persons with weak hearts or back trouble.

ONE of us must have spelled it wrong because I didn't find a thing. Not even a single granny-sagging inverted nipple. I'm not one to give negative karma, , but if you get my hopes up like that again without reason, I won't be held responsible for my actions. Nudity is something I take VERY seriously (but my wife, she doesn't, , cuz whenever I'm naked, she's always laughing, , never have figured it out. . )

[CheezeFlixz]

FUN FACT: If you do a Google image search for KARMA you gets lots of pictures of ladies' naughty bits!
Not recommended for children under 18, pregnant women, highly nervous persons, or persons with weak hearts or back trouble.

ONE of us must have spelled it wrong because I didn't find a thing. Not even a single granny-sagging inverted nipple. I'm not one to give negative karma, , but if you get my hopes up like that again without reason, I won't be held responsible for my actions. Nudity is something I take VERY seriously (but my wife, she doesn't, , cuz whenever I'm naked, she's always laughing, , never have figured it out. . )

You must still have safe search turned on in Google as I just Googled "Karma" and will I got chicks behaving badly.

[Rev. Powell]

Yep, apparently "Karma" is a 'rising' porn star.  I found this glowing description of her:

"Karma Karma Karma! Karma is a really nice girl with a real NAUGHTY side. She loves to push the envelope when it comes to sex. If you met her in a club and she was into you you just might be lucky enough to slip out back and get her Karma Specialty  "

Sadly, I have the suspicion she won't be impressed by my "karma score."

And just to keep the thread on topic, add "And speaking of drilling..." to the front of my previous comments.