tag:blogger.com,1999:blog-8993773.post2218580238074157520..comments2023-10-26T06:07:33.593-07:00Comments on The Sidetrack: Oil Executives Motives?craig41http://www.blogger.com/profile/06409161182886514439noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8993773.post-55647499596823244492008-08-19T09:32:00.000-07:002008-08-19T09:32:00.000-07:00Never once have I argued it'll "take a decade for ...Never once have I argued it'll "take a decade for the oil to stop coming" as you put it. What I've always argued on this blog is that it'll take a decade (or more) for the oil produced by drilling to have even the slightest impact on the world market it will be dumped into, and then it will take even longer for that small effect to have even the tiniest of effects on gas prices.<BR/><BR/>But Jason Thehttps://www.blogger.com/profile/15518866228386927143noreply@blogger.comtag:blogger.com,1999:blog-8993773.post-5974243879244128052008-08-19T07:31:00.000-07:002008-08-19T07:31:00.000-07:00You're right...it isn't rocket science. It is bas...You're right...it isn't rocket science. It is basic economics. <BR/><BR/>You can't argue that off shore drilling is a bad idea because it will take a decade for the oil to start coming and at the same time argue that oil companies are doing it to pad their bottom line. <BR/><BR/>One argument has to be wrong. <BR/><BR/>Sorry Jason and Craig but hatred for the oil industry in itself isn't an Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8993773.post-33923872145751829362008-08-18T20:50:00.000-07:002008-08-18T20:50:00.000-07:00No, actually.I believe what Craig is saying here i...No, actually.<BR/><BR/>I believe what Craig is saying here is that the CEO's are full of shit, and those that are buying the "Drill Here Drill Now" meme aren't thinking with all cylinders firing.<BR/><BR/>It's not rocket-science.Jason Thehttps://www.blogger.com/profile/15518866228386927143noreply@blogger.comtag:blogger.com,1999:blog-8993773.post-89495639165797513362008-08-18T20:46:00.000-07:002008-08-18T20:46:00.000-07:00If the statement "drilling here, and drilling now ...If the statement "drilling here, and drilling now will make you pay less." isn't true and oil companies won't be getting oil from these sources for a dozen years or more how can you make the argument that they are doing it in order to see "bigger profits"?<BR/><BR/>They'll invest millions now to get the drilling going but won't see a return on the investment before the new product begins to hit Anonymousnoreply@blogger.com