Dennis Prager Destroys Obama's Moronic Oil Speech

This is bullshit. It's an OPINION piece that uses The Institute for Energy Research for its "information". That's a Koch Brothers and Exxon institute that goes around promoting whatever policies these corporations want.

Do your fucking homework before you declare something to be true. Not everything you read on the internet is to be believed.


Investors Business Daily trashed his energy speech too:

5 Biggest Whoppers In Obama's Energy Speech

Posted 02/23/2012 06:55 PM ET

Energy: The White House billed President Obama's energy policy speech as a response to mounting criticism of record high gas prices. What he delivered was a grab bag of excuses and outright falsehoods.

Obama's main message to struggling motorists was: It's not my fault, so stop whining. The speech only got worse from there, recycling excuses and myths that Obama's peddled for years. But there were some standout whoppers that deserve debunking. The five biggest:

"We're focused on production."

Fact: While production is up under Obama, this has nothing to do with his policies, but is the result of permits and private industry efforts that began long before Obama occupied the White House.

Obama has chosen almost always to limit production. He canceled leases on federal lands in Utah, suspended them in Montana, delayed them in Colorado and Utah, and canceled lease sales off the Virginia coast.

His administration also has been slow-walking permits in the Gulf of Mexico, approving far fewer while stretching out review times, according to the Greater New Orleans Gulf Permit Index. The Energy Dept. says Gulf oil output will be down 17% by the end of 2013, compared with the start of 2011. Swift Energy President Bruce Vincent is right to say Obama has "done nothing but restrict access and delay permitting."

"The U.S. consumes more than a fifth of the world's oil. But we only have 2% of the world's oil reserves."

Fact: Obama constantly refers to this statistic to buttress his claim that "we can't drill our way to lower gas prices." The argument goes that since the U.S. supply is limited, it won't ever make a difference to world prices.

It's bogus. New exploration and drilling technologies have uncovered vast amounts of recoverable oil.

In fact, the U.S. has a mind-boggling 1.4 trillion barrels of oil, enough to "fuel the present needs in the U.S. for around 250 years," according to the Institute for Energy Research. The problem is the government has put most of this supply off limits.

"Because of the investments we've made, the use of clean, renewable energy in this country has nearly doubled."

Fact: Production of renewable energy — biomass, wind, solar and the like — climbed just 12% between 2008 and 2011, according to the federal Energy Information Administration.

"We need to double-down on a clean energy industry that's never been more promising."

Fact: Renewable energy simply won't play an important role in the country's energy picture anytime soon, accounting for just 13% of U.S. energy production by 2035, according to the EIA.

"There are no short-term silver bullets when it comes to gas prices."

Fact: Obama could drive down oil prices right now simply by announcing a more aggressive effort to boost domestic supplies. When President Bush lifted a moratorium in 2008, oil prices immediately fell $9 a barrel.

Obama said in his speech that Americans aren't stupid. He's right about that, which is why most are giving his energy policy a thumbs down.
 
No, I was on about oil being renewable. The fulcrum was the rate of renewable v use..

Ishmael

Ish, would you like to edit this post? You were absolutely posting that peak oil was nonsense. You made rather a big deal about it. Of course, you can type those hateful, painful words, "I was wrong." It's okay. Everyone is wrong sometimes.
 
The US is sitting on a sea of oil that dwarfs that of Saudi Arabia before they started drilling.


From the CIA Factbook, Oil Reserves by Nation:
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2178rank.html

1) Saudi Arabia
262,600,000,000 bbl

2) Venezuela
211,200,000,000

3) Canada
175,200,000,000

4) Iran
137,000,000,000



Then all the way at #13

13) United States
20,680,000,000

So we have about 7% of the oil reserves as Saudi Arabia. But you say ours "dwarf" the Kingdom's reserves. Where are you getting your facts from?
 
Last edited:
Ish, would you like to edit this post? You were absolutely posting that peak oil was nonsense. You made rather a big deal about it. Of course, you can type those hateful, painful words, "I was wrong." It's okay. Everyone is wrong sometimes.


Ish also still believes in Death Panels, even though Sarah Palin no longer does. And that the health insurance mega-corporations are about to be put out of business despite getting 35 million new customers from health care reform...

And before you ask him for proof, don't bother. It's YOUR responsibility to prove these things for him. :rolleyes:

Now the USA has oil reserves that dwarf Saudi Arabia's and once again it's YOUR responsibility to prove this to be the case. Even though I patently disproved it, it's still not Ish's responsibility to back his own points.
 
*elevator music filling the space of Ish being called on baseless bullshit again*
 
Ish, would you like to edit this post? You were absolutely posting that peak oil was nonsense. You made rather a big deal about it. Of course, you can type those hateful, painful words, "I was wrong." It's okay. Everyone is wrong sometimes.

Which had nothing to do with the other thread. Did it?

I freely acknowledge that any resource can be expired. I'm an advocate of the "pistachio effect'.

It's a shame you're unable to see further than your nose.

Ishmael
 
I have.

So you're saying that it is in the interest of the government, acting on behalf of the people, to force that price even higher?

Your whole diatribe on economics was 101 shit. It's a supply/demand driven market, not unlike all others. You are implying collusion on the part of the suppliers to escalate prices. I'm countering with the fact that the government is a party to the conspiracy. You repsond with 'idiot wind' paragraphs.

Not unlike the other supply side restrictionists you make excuses, "Not enough", "Costs too much", the excuses never end. You have no interest in free markets, only in what you can control, "for the common good". which, in the end, translates into how you want others to behave. (All the while figuring out how you might profit.)

Ishmael
In other words, you haven't a fucking clue. Thanks for proving my point. I kept my "diatribe" simple for small minds like you to understand, but obviously I overestimated your capabilites. Of course you believe the Govt is bad.

As for the suppliers colluding to keep prices high....duh...never heard of OPEC?

I believe in free markets. Your problem is you don't understand free markets.
 
In other words, you haven't a fucking clue. Thanks for proving my point. I kept my "diatribe" simple for small minds like you to understand, but obviously I overestimated your capabilites. Of course you believe the Govt is bad.

As for the suppliers colluding to keep prices high....duh...never heard of OPEC?

I believe in free markets. Your problem is you don't understand free markets.

Well, there's a start to a dialog........idiot.

Duh....how do you break OPEC's grasp? Idiot. Or perhaps you really enjoy being dommed.

You'll never succeed. You'll always be a drone. You've filled your life with bitches without solutions, just another queen for a day.

Ishmael
 
Well, there's a start to a dialog........idiot.

Duh....how do you break OPEC's grasp? Idiot. Or perhaps you really enjoy being dommed.

You'll never succeed. You'll always be a drone. You've filled your life with bitches without solutions, just another queen for a day.

Ishmael

But I have succeeded. You handed it to me on a silver platter.

Now back to the point, why would an American oil company use an inferior product(which reduces their profit margin) instead of simply buying the higher quality product (which maximizes their profit)?
 
Why don't you post under your real username, coward?


Who cares vette? Truly it can post as it wants. I have no problem with that. Just as I have no problem with Perg mix'n'matching. I'm used to it now.

Ishmael
 
Who cares vette? Truly it can post as it wants. I have no problem with that. Just as I have no problem with Perg mix'n'matching. I'm used to it now.

Ishmael

all you had to do was ask who I was...I posted it several days ago when I started using this account. I created one alt in my time here...this is it. I didn't see the point and it bored me so I stuffed it away. Lucky for me, I remembered the password to this account. Funny how things work.
 
Fucking dunce, must have a memory about as long as a piss ant if you can't remember the password you been using for years. Thanks for admitting who you are, confirms I was right in thinking you're a bigger than normal waste of my time. When I get tired of slapping you around I'll stick you right next to your other persona, on Iggy. Dummy.

Harsh, but deserved. Justa another wannabe idiot hiding behind ever changing objectives.

I've seen them and so have you, they amplify the death toll all in the name of saving lives. Borderline defectives at best.

Ishmael
 
all you had to do was ask who I was...I posted it several days ago when I started using this account. I created one alt in my time here...this is it. I didn't see the point and it bored me so I stuffed it away. Lucky for me, I remembered the password to this account. Funny how things work.

So, you're an idiot that can't remember your password? And I should give you some credibility? Why? I don't truck with idiots that have short term memory problems.

I've been Ishmael since I've been Ishmael, being yourself solves so many problems. Idiot.

"You're so lame,
I bet you think this thread is about you."

Ishmael
 
a piss ant

oh my god this is the best. i mean i know you are a (literal) cross-burning racist who avoids rational arguments and credible sources like anne coulter avoids direct sunlight but for some reason this is the funniest thing about you: that you can't even insult someone properly
 
So, you're an idiot that can't remember your password? And I should give you some credibility? Why? I don't truck with idiots that have short term memory problems.

I've been Ishmael since I've been Ishmael, being yourself solves so many problems. Idiot.

"You're so lame,
I bet you think this thread is about you."

Ishmael

also you are really funny because you keep thrashing at your keyboard and calling people idiots but you never manage to elevate yourself above the level of Real Mad Grampaw and most of the time you simply don't make a lick of sense and/or elect to throw in a cultural reference 20 years out of date to prove you are a "hep cat" who is still "with it"
 
oh my god this is the best. i mean i know you are a (literal) cross-burning racist who avoids rational arguments and credible sources like anne coulter avoids direct sunlight but for some reason this is the funniest thing about you: that you can't even insult someone properly


Get lost idiot. Don't you think you've displayed enough ignorance for the week?

Ishmael
 
Back
Top