Archive for Tuesday, August 19, 2008

Moore says off-shore drilling no cure-all for energy woes

Democratic congressman Dennis Moore says expanding offshore oil and gas drilling would not be a cure-all to the country's energy woes.

August 19, 2008

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While he made the rounds in Lawrence on Monday, U.S. Rep. Dennis Moore, D-Kan., said expanding off-shore oil and gas drilling was no cure-all to the nation's energy supply problems.

"I really, truly believe what we need to do again is take a comprehensive approach: renewables, alternatives, wind energy," Moore said. "Whatever Kansas could do with wind energy is a small, but very important, part of an overall solution, I think."

With higher gasoline prices looming as a major economic concern nationwide, House Speaker Nancy Pelosi, D-Calif., last weekend said she would consider measures that would open up more coastal areas for oil and gas exploration.

Moore said administration sources have told him even if off-shore drilling expanded, it would take eight to 10 years to see lower gasoline prices and then "you're talking about 3 to 5 cents a gallon."

"This is not - contrary to what some people are saying - a solution to the problem for our country," he said.

But those representing Moore's opponent in the Nov. 4 election, state Sen. Nick Jordan, a Shawnee Republican, said that during five terms in Congress, Moore has not come up with a comprehensive energy strategy, including more off-shore drilling.

"He's been a part of the problem, not part of the solution," said Dustin Olson, Jordan's campaign manager.

The 3rd District of Kansas includes eastern Lawrence, eastern Douglas County and Johnson and Wyandotte counties.

Moore did say the technology has improved recently to make the drilling less environmentally risky, but he stressed the need for a comprehensive energy strategy.

Comments

Drew Alan 6 years, 10 months ago

they don't need MORE land (or ocean floor) to drill on, they need to drill on the tens of millions of acres they already have under lease...

cato_the_elder 6 years, 10 months ago

Just another reason why no one but liberal Democrats should ever vote for Moore. He toes the party line in Washington quite well. Moreover, he's never been the brightest bulb on the tree, and the 3rd District deserves better than that.

N_Trenched 6 years, 10 months ago

Dennis is economically challenged. This is simple, simple, so simple.... supply and demand. Oil is just another commodity and until he figures out that someone else will use it if we don't then he shouldn't represent us.

Steve Jacob 6 years, 10 months ago

"Wrong again Dennis, the minute that the President vacated the executive order banning offshore drilling the price of crude and gas started falling."Talk about spin! Gas dropped because we used less. Supply and demand at it's finest.

OnlyLawrenceRepublican 6 years, 10 months ago

I was drawn in by such an enlightening headline, which has got to be in contention for the "Captain Obvious" award with:"Moore says sky is blue."

jmadison 6 years, 10 months ago

When Congress leads by example by flying commercial rather than military jets back to their districts, then we shall know that they are serious about energy reform.

Brandon Weber 6 years, 10 months ago

It always kills me when people mouth off needing to drill more oil. It simple math folks:Daily Global Oil Production: 81 Million barrels.Daily US Consumption: 21 Million Barrels Daily US Production: 3-5 Million BarrelsChina is adding 9 million new cars to the road a year. China will equal US demand in less than 10 years. China and US will consume half of the worlds oil production not including India and other on coming markets.In 10 years, which the CEO of Chevron and Shell stated will take to see benefits from new drilling on Charlie Rose, we may see an additional million barrels thus boosting our production to what 6 million barrels a day. That's a doesn't mean squat. Just think all the thousands of wells we have in the US and were only getting 3-5 million barrels a day. It's just not that easy to extra oil from 3 miles below the earths surface.Oil is traded on a Global Market. You think Exxon is going to sell the US oil at $50 a barrel when they can get $100 in the world market. I don't even think they can trade oil not in the global because of the OPEC rules set forth in the 70's.

Daytrader23 6 years, 10 months ago

ASBESTOS (Anonymous) says:Wrong again Dennis, the minute that the President vacated the executive order banning offshore drilling the price of crude and gas started falling.-----------------------------------------------Actually oil continued to climb for a few days after Bush made that statement so that is not true. What made oil drop was when the inventory numbers came out and showed a surplus in crude inventories, also when the ECB (European Central Bank) announced that they would not raise interest rates which caused the value of the dollar to go up. Thats what made oil drop. If I could I would post the charts to prove this.

bondmen 6 years, 10 months ago

Didn't Democrats say 10 years ago that drilling for more oil would take 10 years to begin having an effect? How long can they get away with this do nothing thinking?There are two great times to plant a tree. The first time is 10 years ago and the second time is NOW! Quit the dissembling Dennis and allow US to produce Moore of our own oil.

nbnozzy 6 years, 10 months ago

ANY help in getting more oil, be it from land or sea, is needed. I've voted for Dennis Moore in the past and am now rethinking about voting for him in this election. In fact, I probably won't. He's definitely not looking out for the best interest of his constituents. Sure, sure.... we need to do more with solar, wind, water, natural gas, etc.... but we need more energy NOW. Let's get a politician in office who realizes that and will help passlegislation to lower fuel bills.

kansas778 6 years, 10 months ago

In WW2 we rebuilt our pacific fleet quickly but today it apparantly takes a decade to drill for oil.

gccs14r 6 years, 10 months ago

Yes, the 3rd district could use a better Representative, but that's not achieved by putting a Republican in office. We've seen what a disaster Republicans are over the last 40 years, and now the court system is packed full of them.

JerryStubbs 6 years, 10 months ago

Gas always drops in august, it did last year, too. Check gasbuddy.com for great info on prices. Heres something from CNN:Gas price decline: Day 32NEW YORK (CNNMoney.com) --The price of retail gasoline fell for the 32nd straight day, a daily survey of gas station credit card swipes showed Monday, bringing the nationwide average down 9% from an all-time hit last month. The average for regular unleaded gasoline fell 1 cent to $3.741 a gallon from the previous day, according to the Daily Fuel Gauge Report from motorist advocacy group AAA and the Oil Price Information Service.The average price at the pump has fallen about 9% since hitting a record high of $4.114 a gallon on July 17. The decline has come in the wake of a 22% drop in crude futures from their peak last month.

N_Trenched 6 years, 10 months ago

Moore said administration sources have told him even if off-shore drilling expanded, it would take eight to 10 years to see lower gasoline prices and then "you're talking about 3 to 5 cents a gallon."I guess he is using Barrack's sources on alternative energy as well. In Obama's latest TV ad, he claims that all of his alternatives will be running within a decade. Sounds like drilling isn't such a bad idea. Especially when you consider that anybody with a clue can tell you that oil exploration will take half the time projected by the "Dimoacrats". Not only that, but domestic supply has already jumped considerably with the jump in oil prices. If the "Dims" would pay attention, they could see the thousands of new oil rigs going up in Texas, OK, KS, and the rest of the country.

ASBESTOS 6 years, 10 months ago

"Moore said administration sources have told him even if off-shore drilling expanded, it would take eight to 10 years to see lower gasoline prices and then "you're talking about 3 to 5 cents a gallon.""Wrong again Dennis, the minute that the President vacated the executive order banning offshore drilling the price of crude and gas started falling.In Texas this AM I bought gas for $3.39 a gallon, down almost 60 cents in , less than 2 months, not ten years. the mere mention of drilling, with the cutback Americans have already made (4-5% by some estimates) is the reduction of the Price, agains not ten years.Dennis is a spin meister.

ASBESTOS 6 years, 10 months ago

""I really, truly believe what we need to do again is take a comprehensive approach: renewables, alternatives, wind energy," Moore said. "Whatever Kansas could do with wind energy is a small, but very important, part of an overall solution, I think.""Duh, Dennis, tht is exactly what the House Republicans were wanting to do, and was in their bill they wanted to debate, and San Fran Nan closed the House down.So stop spinning, there Dennis. (Lying).

Scott Drummond 6 years, 10 months ago

The Democrats have indicated their willingness to loosen the environmental grips to allow off shore drilling. That may increase supply marginally in 10+ years. Now, what of the republicans? Have they loosened from the grips of the oil industry? Of course not. Their argument, it will take too long to develop alternative energy solutions. We'd better wise up soon and quit following the stupidest "leaders" the republican party has to throw at us.

bondmen 6 years, 10 months ago

Woe is me bwebcorp, woe is me. So all is lost and we're foolish to even try and increase the supply of oil? Do you mean any effort to make things better is doomed to fail - even before it starts?Maybe the projections you quote are wrong. One must consider the good possibility some factor not properly weighted in the calculations will completely change the entire dynamic. This happens regularly, especially given increments of time.I reject doing nothing as a solution; it is the main reason we are in the position we find ourselves in currently. Change is required and innovation (in this case stimulated by higher oil and gas prices) is the best change engine ever invented!This is not the end of the world. Get a hold of yourself!

c_dubya 6 years, 10 months ago

A college degree doesn't pay off for years. Don't waste your time and money on an education.

bondmen 6 years, 10 months ago

If gas prices dropped because we used less (which we did via the market mechanism called price rationing) then we must also accept the other side of the coin - namely gas prices rose because either supply was too restricted, demand was too great or a combination of both (simple supply and demand economics).The good news in this gas price spike is many folks are royally peeved because they had to pay up and they are now working hard through innovation to make sure their business does not suffer from another price shock. What they develop will help us all as these fuel saving / fuel alternative innovations are adopted by market participants. More nuclear power and better electrical storage is underway now and will help US become less dependent on foreign energy sources. In summary this painful energy price spike will result in future energy saving innovations and energy supply diversification which will benefit US all. Has anybody ever vomited? Remember how much better you felt after it was over? We will be stronger and better after this episode!

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