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GasBuddy News Article


No easy answers for U.S. oil problems
Wednesday, March 26, 2008
East Valley Tribune -- The outlook for increasing domestic oil production is bleak, even with higher prices on world markets.

But the crude oil picture for the United States isn't totally depressing because the production outlook for liquid gold is better in nearby Canada and Mexico. And even supplies from distant countries with hostile governments may not be as tenuous as they seem.

That's the view of two oil-industry lobbyists interviewed by the Tribune at an exhibit at the Arizona State Capitol on Tuesday.


Visit East Valley Tribune for full article

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JT
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Message Posted: 3/26/2008 10:42:36 AM  Ignore JT Report Abuse
Wednesday, March 26, 2008
East Valley Tribune -- The outlook for increasing domestic oil production is bleak, even with higher prices on world markets.

But the crude oil picture for the United States isn't totally depressing because the production outlook for liquid gold is better in nearby Canada and Mexico. And even supplies from distant countries with hostile governments may not be as tenuous as they seem.

That's the view of two oil-industry lobbyists interviewed by the Tribune at an exhibit at the Arizona State Capitol on Tuesday.

Visit East Valley Tribune for full article
REPLIES (newest first) Page:  First Prev [ 1 ] 2 3 4 Next Last
GASMANDEAN
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Illinois

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Message Posted: 4/1/2008 7:32:38 AM  Ignore GASMANDEAN Report Abuse
I guess we'd better start growing corn and a biofuel refinery.
OrangeBarrels
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Chicago

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Message Posted: 3/27/2008 10:41:12 PM  Ignore OrangeBarrels Report Abuse
Amazing how quickly the prices rebounded. Actually, no it isn't...
tbradley1973
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Indianapolis

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Message Posted: 3/27/2008 4:41:19 PM  Ignore tbradley1973 Report Abuse
Nothing new here...
ERO
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Milwaukee

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Message Posted: 3/27/2008 12:58:35 PM  Ignore ERO Report Abuse
Ever hear of a thing called the Boston Tea Party???? Hmmm or maybe I'll just start up an oil company.... lots of profit nowadays...
CallJeffCa
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Oakland

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Message Posted: 3/27/2008 11:14:22 AM  Ignore CallJeffCa Report Abuse
yesterday's news
Gerg001
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Riverside

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Message Posted: 3/27/2008 11:00:50 AM  Ignore Gerg001 Report Abuse
"No easy answer..." Who are they kidding? Remove greed from the equation of the oil companies. Get the car companies to get off their high horse and force them to make more car w/ better fuel economy. There are many answers out there, they just don't want to spend their money, just take ours.
PT72205
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Massachusetts

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Message Posted: 3/27/2008 10:58:57 AM  Ignore PT72205 Report Abuse
The oil co. are still the only ones making money.
SJS
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Los Angeles

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Message Posted: 3/27/2008 10:54:59 AM  Ignore SJS Report Abuse
"That's the view of two oil-industry lobbyists" So we should trust them, Yeah right!
tomok
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Portland

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Message Posted: 3/27/2008 10:49:29 AM  Ignore tomok Report Abuse
Produce more alternative fuels using NON FOOD sources.
Limit the import of OPEC oil.
Mooseman1
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Manitoba

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Message Posted: 3/27/2008 10:45:30 AM  Ignore Mooseman1 Report Abuse
We're all in this together!

Don20
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Oklahoma City

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Message Posted: 3/27/2008 10:41:12 AM  Ignore Don20 Report Abuse
More speculation..
amearly
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Michigan

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Message Posted: 3/27/2008 10:37:38 AM  Ignore amearly Report Abuse
The stockmarket speculators rules need to be change and the dollars need to be strengthen.
napermike79
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Twin Cities

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Message Posted: 3/27/2008 10:37:34 AM  Ignore napermike79 Report Abuse
follow the money - $$$
Z34
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Toronto

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Message Posted: 3/27/2008 10:36:34 AM  Ignore Z34 Report Abuse
Oil shale in the USA.
FedUpCA
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Ventura

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Message Posted: 3/27/2008 10:34:48 AM  Ignore FedUpCA Report Abuse
Strengthen the Dollar!!
w4kh
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Riverside

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Message Posted: 3/27/2008 10:33:06 AM  Ignore w4kh Report Abuse
as long as the focus remains on oil and gasoline and not on alternative renewables, we will be having this (now pointless) discussion... as soon as we reduce and eventually eliminate our dependance on oil for fuel, the sooner we can argue about something else
janmj
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Baltimore

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Message Posted: 3/27/2008 10:27:44 AM  Ignore janmj Report Abuse
WE DO NOT SEEM TO HAVE AN ANSWER FOR ANYTHING THESE DAYS
Rivermedic
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Fort Worth

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Message Posted: 3/27/2008 10:26:08 AM  Ignore Rivermedic Report Abuse
How bad is this article
YLHandyman
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Orange County

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Message Posted: 3/27/2008 10:25:36 AM  Ignore YLHandyman Report Abuse
Did you say bleak.
PnnyPnchr
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Message Posted: 3/27/2008 10:24:18 AM  Ignore PnnyPnchr Report Abuse
a narrow-minded article that fails to mention Mexico is already in decline, and tar-sands are very slow to extract and can't meet current demand.

In fact it mentions "environmental reasons" so the tree huggers get the blame, without saying how limited the ANWR reserves likely are. What a bunch of hooey! Everybody here should get with the program and come to realize the oil will not last forever. CONSERVE NOW! Park your pickups and save a few drops for our grandchildren.
laddyboy62
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Riverside

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Message Posted: 3/27/2008 10:22:56 AM  Ignore laddyboy62 Report Abuse
think its a little more then bleak
Jacks45
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Michigan

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Message Posted: 3/27/2008 10:22:11 AM  Ignore Jacks45 Report Abuse
its beyound depressing now and going to worse.
Fencemaker
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Pittsburgh

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Message Posted: 3/27/2008 10:21:27 AM  Ignore Fencemaker Report Abuse
Funny how no one mentions that we haven't even begun to explore the possibility of drilling in the Eastern Continental Shelf from Maine to Florida. Instead its always ANWAR, ANWAR, ANWAR. Our biggest potential for oil is off-limits b/c we don't want to drill where people actually live.
Lonewolftx
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Houston

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Message Posted: 3/27/2008 10:21:15 AM  Ignore Lonewolftx Report Abuse
Open up Alaska, duh . . .
spheremaker1
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Arizona

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Message Posted: 3/27/2008 10:17:12 AM  Ignore spheremaker1 Report Abuse
drive slower and conserve fuel
Chazzer
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Nevada

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Message Posted: 3/27/2008 10:16:28 AM  Ignore Chazzer Report Abuse
The max output of oil is 85 million barrels ... and that's it!
racerdj
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Indianapolis

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Message Posted: 3/27/2008 10:12:50 AM  Ignore racerdj Report Abuse
I'm in favor of buying oil from our neighbors.
VetteBlue
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San Jose

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Message Posted: 3/27/2008 10:09:51 AM  Ignore VetteBlue Report Abuse
There are no easy answers period.
Duke1959
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Dallas

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Message Posted: 3/27/2008 10:07:15 AM  Ignore Duke1959 Report Abuse
tree huggers need to gt a life
roosan
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Message Posted: 3/27/2008 10:01:46 AM  Ignore roosan Report Abuse
Yes there is, but Congress is too weak to do anything!
kanmandoo
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Detroit

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Message Posted: 3/27/2008 10:01:42 AM  Ignore kanmandoo Report Abuse
Leave more time to get there, slow down. Increase your mileage by 10% by going 10% slower.
RCinNM
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New Mexico

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Message Posted: 3/27/2008 10:00:22 AM  Ignore RCinNM Report Abuse
They're easy answer is pass it on to the consumer.
Dale Jr.
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Iowa

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Message Posted: 3/27/2008 9:58:52 AM  Ignore Dale Jr. Report Abuse
Rajah - Oil companies don't listen to us.
papou
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Tampa

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Message Posted: 3/27/2008 9:57:06 AM  Ignore papou Report Abuse
Thats for Sure to many Liberals
BlkynB
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San Diego

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Message Posted: 3/27/2008 9:53:54 AM  Ignore BlkynB Report Abuse
Send all the tree huggers up to the mountains in loin cloths and scandals, they're happy, we're happy.
scrounger
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Vancouver

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Message Posted: 3/27/2008 9:53:32 AM  Ignore scrounger Report Abuse
no easy answers for us the consumers either
RochBear
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Minnesota

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Message Posted: 3/27/2008 9:50:36 AM  Ignore RochBear Report Abuse
It's still cheaper for Big oil to pay OPEC for the oil, than it is to drill in the USA because of all the enviromental laws. I don't want to live in a polluted land, but some of our Enviromental laws are simply over the top. They have pushed the cost of drilling here, beyond the recovery point.
Rajah
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Illinois

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Message Posted: 3/27/2008 9:46:21 AM  Ignore Rajah Report Abuse
How about maybe the oil companies stop making billions and billions in record profits and not gouge us quite so much for the gasoline? What a concept!
tarbaby1
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Twin Cities

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Message Posted: 3/27/2008 9:44:13 AM  Ignore tarbaby1 Report Abuse
"Oil-industry lobbyists"

So what...
bluebird1
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Toronto

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Message Posted: 3/27/2008 9:43:44 AM  Ignore bluebird1 Report Abuse
There's no reason to as long a BigOil can make higher profits (now & later) by not doing so.
AC-302
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Los Angeles

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Message Posted: 3/27/2008 9:42:17 AM  Ignore AC-302 Report Abuse
With the geopolitical situation so fractured, and with world demands and all, I think the only solution is no-holds-barred exploration in all of the US. No matter where oil or energy sources can be found, we must exploit them.
tobasco
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Los Angeles

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Message Posted: 3/27/2008 9:41:29 AM  Ignore tobasco Report Abuse
The price is up...but so are profits so there is no motive to reduce profits when the going is good.
pandarisuresh
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New Jersey

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Message Posted: 3/27/2008 9:41:09 AM  Ignore pandarisuresh Report Abuse
Good answer
gasman50
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Portland

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Message Posted: 3/27/2008 9:35:57 AM  Ignore gasman50 Report Abuse
One easy answer is to open up all costal areas for drilling
Lovelee
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Detroit

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Message Posted: 3/27/2008 9:32:13 AM  Ignore Lovelee Report Abuse
And again, the promice / hope that there is enough oil. It is just in places too difficult / costly to get to now. When the price of oil goes up, it won't. But who will have any money to buy it?
woos777
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Washington

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Message Posted: 3/27/2008 9:31:31 AM  Ignore woos777 Report Abuse
Good point.
Chitowner
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Omaha

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Message Posted: 3/27/2008 9:31:00 AM  Ignore Chitowner Report Abuse
Electric cars and Nuclear power plants to supply the electricity, next question
HockeyLady
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New Jersey

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Message Posted: 3/27/2008 9:30:43 AM  Ignore HockeyLady Report Abuse
GAC1Shirt--absolutely! Alaska!
GAC1Shirt
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Georgia

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Message Posted: 3/27/2008 9:29:12 AM  Ignore GAC1Shirt Report Abuse
Imagine a 10x10 carpet and a golf ball on the corner. That's the area of ANWR where we have a mega supply of oil. Imagine pipelines instead of tankers leaking across the ocean. Ask your liberal friends to think outside of the eco box they seem to be trapped in.
fordflunky1
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Louisville

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Message Posted: 3/27/2008 9:27:05 AM  Ignore fordflunky1 Report Abuse
Chark has a very good point. No one simple answer. Explore many.
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