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22 comments on Can we really relax?

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baloghblog on September 8, 2005 - 5:59pm Permalink | Subthread | Comments top
No need to worry.  I heard Sean Hannity talking to someone in the federal goverment on the way home from work stating that "there is the same amount of oil reserves in the Gulf of Mexico that there are in Saudi Arabia, there is just too much "red tape" in the form of government regulation that we are unable to tap into it.

I think that it was the secretary of energy, who barely corrected him by saying our reserves "are not quite as large as Saudi Arabia's"

I think what he meant to say what that they are nowhere near Saudi Arabia's.

I wish that I had the audio.  Hannity truly believes that our dependence on the foreign oil can be solved if we just start drilling every place in America that oil has been detected.  Off Cali, more in the GOM, off Florida, and in ANWR.

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Glenn on September 8, 2005 - 6:17pm Permalink | Subthread | Parent | Comments top
This is why I keep telling my environmental buddies to call the right bluff on drilling. What if we just said "go ahead and drill anywhere, no red tape" - how much could we produce? Maybe another 1mbd in 10 years at the most. That wouldn't even come close to even stemming the decline that we have from older fields, forget about replacing Saudi Arabia. And we would decimate our environmental treasures at the same time.

The right-wingers just like to throw out stupid generalizations that ending regulations will somehow defy the laws of physics...

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GJ on September 8, 2005 - 7:15pm Permalink | Subthread | Parent | Comments top
Hannity is a wing-nut of the first order (right up there with Limbaugh), the complete antithesis of reason, science, objectivity. If you are an investor or speculator, fade whatever he says.  If the Secretary of Energy says the Gulf of Mexico reserves are slightly lower than Saudi Arabia's, then Saudi peaked years ago and we are in deep, deep doodoo.
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22 comments on Can we really relax?

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