Political Cartoons

It's the same thing. It's just giving the oil companies a subsidy via the American people.

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We're running out of oil?

I think not.

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The price is going up because of an increase in demand, not a change in supply. Of course, there are massive reserves available once a rise in the price of oil makes them cost-effective.

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Why?

It's pretty straightforward. Some oil is cheap to drill. Other oil is more expensive. But it's not an either-or matter. Now that oil is at $75 a barrel, far more oil becomes economical to drill, as long as the price is going to stay that high long enough to make the investment in production worthwhile.

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Well, there are places where oil can be extracted for $20 a barrel and other places where it can be extracted for $30...or $40 or $80 or $200...

The point is that however high the price of oil gets, the more supply can come on line. I mean, if oil was at $200 a barrel, the market would be swimming in the stuff.

On to your other point, once oil prices go past a certain point, other fuels become more economical. Hybrid technology goes from being a gimmick for hippies to a necessity for the average car...and so on and so forth.

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goumindong.livejournal.com

It isnt the dollar price, its the energy price. It takes energy to drill for oil. This is energy gained from burning oil. If it gets to the point where extracting the oil takes as much oil as you get out, it doesnt matter what the price of oil is, because the extraction is a loss.

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technically, we've been running out of oil since we first started to drill it. its not like oil is growing back. no matter how many new reverses we can find oil is going to run out sooner or later

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Well, let's put it this way:

Oil is not being depleted in a manner that it is causing production to fall. Production problems at this point are do to human action (blowing up pipelines and the like) rather than there not being oil there to pump out.

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id bet that the increase in oil prices has a lot more to do with increasing demand in china, distrust of iran, and greedy oil companies, and a lot less to do with a couple of idiots blowing shit up in the desert.

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A little of column A, a little of column B.

Given that the difference between supply and demand is so small, the market is ripe for speculation, which drives up the price. Once you add instability in Iraq and places like Nigeria, the effect is multiplied.

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Oh, and it doesn't matter how greedy oil companies are, they don't really have much control of the price of oil, unless someone wants to halt production, which is unlikely, because everyone else will profit far more than they will.

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i think that in the face of years of subsidation by the american taxpayer combined with record profits the oil companies owe it to the american people to operate a little closer to the red, which would lower prices.

i know the oil companies will never volunteer to do this, but its the right thing to do.

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Oil companies don't owe anything to the American people. The American people are the ones who reap the benefits of plentiful and cheap energy as provided by those companies.

Then again, Europeans have to be falling down laughing when they see us britching about paying $3 a gallon for gasoline.

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The oil companies hae been subsidized by the american people for years. They are becoming less and less an independent business and more and more a government program (because they are so heavyly subsidized) so i think they certainly do owe the american people something.

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clownshoes.livejournal.com

Actually, you're wrong. Oil is animal matter. Things are still dying, if I recall correctly.

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Actually, it's plant matter.

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clownshoes.livejournal.com

Actually, it's also proposed in that same theory that it is decayed remains of prehistoric marine animals.

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We just need a time travel machine...we can stick a bunch of plants and animals in, have them age a million years or so, and set it to auto transport back to our current time.

You get working on that.

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calysto.livejournal.com

so true

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Yeah that was a pretty dumb suggestion...I don't think it was just Republicans that brought up that suggestion though.

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NM, it was a few repubs that requested it...pretty dumb of them. The dems had a similar plan to have oil companies give $450 back apparently...a slightly less stupid idea.

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I dunno, I just got that info here: http://www.bristolpress.com/site/news.cfm?newsid=16548871&BRD=1643&PAG=461&dept_id=10486&rfi=6

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Why is it less stupid?

The cost just gets passed to the consumer anyway. So you want the price of gas to fall, have the federal government subsidize the oil companies. If you want it to rise, eliminate their tax cuts and subsidies and raise their taxes.

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vlion.livejournal.com

hmmm...stuuupid.

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whats stupid? the concept of the cartoon? the idea of giving everyone $100 dollars? the idea that we're going to run out of oil? what?

if youre going to be that nonspecific, you shouldnt even comment. youre wasting precious 1's and 0's on the internet

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vlion.livejournal.com

THINK OF THE ELECTRIC SIGNALS! THINK OF THEM!

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studmuff.livejournal.com

wow, you as a toles cult follower........very touchy

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sarcasm does not equal touchy

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jimb.livejournal.com

It would be interesting to see was was on the back of those checks in the area where you sign it. I bet it will read:

"By signing this check this person forfeits the right to complain to congress, the White House, or his neighbors about the high price of gasoline."

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No it would be more along the lines of:

"By signing this check, the person agrees to pay back this amount plus interest in the near future,"

However, that would be in very small print.

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jimb.livejournal.com

I heard that. We Americans love coupons, and that is basically what this $100 check thing is all about. Sure, $100 is how much I spend for two months of gas, but the missus uses a bit more. If we had a Cherokee that money wouldn't stretch very far.

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Who said anything about a coupon? I meant we would later pay that same $100 back in taxes. This isn't a tax break. It's borrowed money.

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jimb.livejournal.com

It will also get added to an increasing debt, but most Americans can be bought off for pocket change.

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Actually the $100 refund check was only going to be issued if we could drill in ANWAR so you're not far off track.

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Couldn't they use this money to instead fund already-developed renewable energy sources that can be grown on U.S. soil and don't fund terrorism?

Darkblood
*Let's think long-term solutions, people*
-2k6

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donkeyjon.livejournal.com

Yes! Like nuclear power! Oh, wait, can't do that because the media has hyped the dangers so much that people actually think it's WORSE than oil drilling.

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Nuclear power is a sound choice, however there is still the problem of what to do with all the nuclear waste.

Of course there is always biodiesel. It's so safe you can almost drink it. It also wouldn't be centralized to select areas of the country, because plants like hemp and jatropha can be grown almost anywhere in the world.

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madmethod.livejournal.com

The people who are swayed by a stinking $100 check are the same people who will pay $1500 more to buy from the used car dealer that gives them $500 in free fuel.

In the long run we're wasting time deciding how much oil is left. It's limited, filthy, and is mostly controlled by religious fundamentalists with too many guns. Besides, I'm ready to be screwed by the price of new and innovative forms of energy.

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studmuff.livejournal.com

How does this relate to all elephants?

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