It can! Build several nuclear power plants in each state and paint them Mother F**ker's green!
Fracking Risk?
- Thread starter Vanilla Gorilla
- Start date
The Best online firearms community in Louisiana.
Member Benefits:
Fewer Ads! Discuss all aspects of firearm ownership Discuss anti-gun legislation Buy, sell, and trade in the classified section Chat with Local gun shops, ranges, trainers & other businesses Discover free outdoor shooting areas View up to date on firearm-related events Share photos & video with other members ...and so much more!
Member Benefits:
It can! Build several nuclear power plants in each state and paint them Mother F**ker's green!
SpeedRacer
Well-Known Member
The technology *could* be there if it wasn't dependent on government funding which as usual is ripe with abuse and scandal. That $500+ million that went to Solyndra and accomplished nothing, is one small example of money that went to fraud that could've made an impact.
Don't forget to mention no was has been implicated, imprisoned, or even tried for that gem!
I wonder how much of that taxpayer money will find it's way to funding democrats?
Am I not allowed to post in this thread? Did I upset you?
Yes, I did read the article in the first post. The thread is titled "Fracking Risk?" I was under the impression this was a general discussion on fracking risks.
Could is the key word. It's not so much government dependent, it's more so "Why spend my own money, when the government will fund it?"
Didn't say where you were allowed to post, not upset, just curious as to why you didn't care about the topic you were posting in and hoping to see more direct evidence in. As a note, you should read the article again. It talks about that question you didn't know the answer to.
I don't even need to look that up. A barrel of oil is 42 gallons. At about $100/bbl they are paying almost $2.50/gal for the crude. Add .50 taxes and you are at 3.00. I don't know about you, but I'm paying 3.31 at the pump. .04 for the retailer means that their gross margin is a whopping .27/gal. Out of that comes transportation to the refinery, refining, transportation to retailers, personnel costs etc. Somewhere in there it is reasonable to expect the shareholders to receive a little something on their investment.
The government shouldn't have anything to do with corporations and the citizenry. That's what the judicial system is for.
The fact that the gubmint is involved at all is bad enough. Now with crony capitalism it is even worse.
Public risks, private profit.
returningliberty
Well-Known Member
Ha I missed you guys : ). More food for thought: Saudi Arabia's workforce is primarily foreign. While we may be pumping huge amounts of money into the country for oil, we are definitely getting some of it back through wages. Saudi also imports most everything, so we get some of that money back through exports as well.
As for fracking: we're pumping millions of barrels of high pressure chemicals into the local ground, literally fracturing the surrounding bedrock, and suspending a small portion of it in a solution. What did you expect? OF COURSE the ground is going to shift a little. You might notice a 3.0 earthquake, maybe. it's not like we're talking about massive devastation. I'm just guessing, but I would think the most serious threats would be to a house's foundation over years of tiny earthquakes. I can't speak on the pollution aspect, methane leaks and the chemicals used in fracking may be a major concern; but lets not focus on earthquakes that many people probably never noticed.
As for fracking: we're pumping millions of barrels of high pressure chemicals into the local ground, literally fracturing the surrounding bedrock, and suspending a small portion of it in a solution. What did you expect? OF COURSE the ground is going to shift a little. You might notice a 3.0 earthquake, maybe. it's not like we're talking about massive devastation. I'm just guessing, but I would think the most serious threats would be to a house's foundation over years of tiny earthquakes. I can't speak on the pollution aspect, methane leaks and the chemicals used in fracking may be a major concern; but lets not focus on earthquakes that many people probably never noticed.
How dare you being math and logic into this!
Too add to this, you don't get 42 gallons of gas out of a bbl either. Hence why we need refineries. I do not know the split and I'm sure it depends on type of crude. Diesel, oils, solvents, all kinda of stuff come out of it.
This is getting off topic, I apologize, but:
I don't understand why people still think corporations and other large public entities should have the same rights as individual people.
Once a corporation grows large enough, they have every bit as much power and money as some nations, and the only interests they serve are the interests of their stockholders and their bottom line, not their community, state, or nation. This is especially true in the case of multi-national mega corporations.
I firmly believe that the gubermint should stay the hell out of my life, and should leave small businesses and private companies alone, but if the gov was really doing it's job, mega-corps and monopolies should be regulated.
You are right when you mention crony-ism as being a huge problem. If all levels of gov were doing their jobs, the people who have the limitless resources enough to buy out the gov would be prevented from doing so. Too late for that, though, Washington is already sold out. That is exactly the reason we need stronger regulations on those large, powerful, self-serving corporate entities; to limit the amount of power and control they can wield over us everyday citizens. That is, in my belief, one of the very few things the fed gov is supposed to be doing. Instead, we have a totally corrupt gov that gives the big corps bailouts and grants and all sorts of crony money and the reason we landed in this mess in the first place was when, back in the day, people allowed to gov to legally award the rights of a private person to corporations instead of keeping them in their own separate and regulated class. What we are seeing today is the end result that always comes from over-deregulation. I'm not advocating over-regulation, either. Profits have to be made and new ideas need to be expolred, but there needs to be a balance. There has to be. How else can you balance individuals and small groups against something like a billion dollar oil industry without gov oversite?
You say that is what the judicial system is for? So what, your solution to something like these fracking earthquakes is to wait till after greedy-corp destroys the environment and then suing them over it and just saying "oh well, our homes and land are ruined but at least we have money."??? Do you feel the same way about allowing toxic or nuclear waste to be dumped just any old place? Should we de-regulate that, too?
I don't understand why people still think corporations and other large public entities should have the same rights as individual people.
Once a corporation grows large enough, they have every bit as much power and money as some nations, and the only interests they serve are the interests of their stockholders and their bottom line, not their community, state, or nation. This is especially true in the case of multi-national mega corporations.
I firmly believe that the gubermint should stay the hell out of my life, and should leave small businesses and private companies alone, but if the gov was really doing it's job, mega-corps and monopolies should be regulated.
You are right when you mention crony-ism as being a huge problem. If all levels of gov were doing their jobs, the people who have the limitless resources enough to buy out the gov would be prevented from doing so. Too late for that, though, Washington is already sold out. That is exactly the reason we need stronger regulations on those large, powerful, self-serving corporate entities; to limit the amount of power and control they can wield over us everyday citizens. That is, in my belief, one of the very few things the fed gov is supposed to be doing. Instead, we have a totally corrupt gov that gives the big corps bailouts and grants and all sorts of crony money and the reason we landed in this mess in the first place was when, back in the day, people allowed to gov to legally award the rights of a private person to corporations instead of keeping them in their own separate and regulated class. What we are seeing today is the end result that always comes from over-deregulation. I'm not advocating over-regulation, either. Profits have to be made and new ideas need to be expolred, but there needs to be a balance. There has to be. How else can you balance individuals and small groups against something like a billion dollar oil industry without gov oversite?
You say that is what the judicial system is for? So what, your solution to something like these fracking earthquakes is to wait till after greedy-corp destroys the environment and then suing them over it and just saying "oh well, our homes and land are ruined but at least we have money."??? Do you feel the same way about allowing toxic or nuclear waste to be dumped just any old place? Should we de-regulate that, too?
I did say as far as I know. I'll admit, I got those numbers from my favorite local gas station owner, and don't know for sure.
But, as to your last sentence, like several people in this thread have said, their shareholders are seeing record setting profits and have been seeing amazingly good profits for years now.
returningliberty
Well-Known Member
Sounds like a good investment to me.
WHY??? Be cause the world is using oil at an unsustainable rate. Consumption is driving this nothing more, Fracking is just a processes that allows oil to be removed from the ground that normal drilling will not remove, and we need it to sustain our consumption levels and the balance of power. Anyone that thinks there will be oil left in 50 years at our current rate of use is brain dead. As for earthquakes you cannot convince me that removing millions of barrels of oil from the earth daily will not have adverse effects on the earths internal structure, something has to give.
