(Originally posted to FB last year which is why the link is dead. Google "fracking" to learn more about the substance of the article)
Here's an
article.
It's all
about this cool new drilling technique that allows us to drill horizontally and
inject poison into the ground which 'cracks' shale and loosens the oil and
natural gas that's trapped inside it. According to this article, there's a vast
reserve of such shale-bound hydrocarbons out west and we'll all be merrily
filling our tanks with it in just a few short years. Experts and analysts claim
output could be as high as 2 million barrels a day by 2015! Sounds good right?
Well . . . except for the fact that domestic consumption is already sitting at
21 million barrels a day. But hey, it's progress, right?
So here's
what must happen to make gas prices drop.
There must
be a joint effort between the Bureau of Land Management and the Department of
Energy . . . our employees.
Together, these agencies must venture out onto
public land with public money and start erecting oil drilling hardware. We'll
need a new "Conservation Corp" push for all the manpower that will be
needed to support this massive public undertaking, of course, for the public
good.
Public
employees will set out on public land with public money, operating public
drilling platforms, which extract the mineral resources that are the collective
property of the people of the United States of America. Then, once that oil and
natural gas are sucked out and the poison that cracked the shale has seeped
harmlessly into the aquifers and ground water, the oil will be piped via
publicly owned pipeline or on publicly owned tankers to U.S. Department of Energy
refineries where that public resource will be turned into usable gas, diesel,
kerosene and what have you.
Then more
trucks transport that finished product to publicly owned, co-op managed gas
stations located all over this great nation . . . AND NOWHERE ELSE. This is OUR
gas after all.
Then good
folks like you and me can drive down the street where we can choose between the
privately owned, for-profit gas stations, who charge a price based on global
supply and global demand, or we can choose our publicly owned, non-profit gas
station whose prices are set at COST plus a 3% margin.
Consumer
choice! How about that?
Naturally,
the publicly owned stations will have much cheaper gas than the private ones,
so the privates will have to lower their prices to compete, and that's it!!!!!
Cheaper gas!!!!!!
Oh but wait
. . . I forgot.
We don't
have public gas stations or tankers or refineries or platforms or workers.
That's all
private. Here's how it really works.
Taxpayers
give corporate welfare (they call it "subsidies") to Exxon/Mobil,
BP/Ammoco, and Royal Dutch Shell to help them out. They need a little
upfront to get started you see, it's not like they're quadrillionaires or
something.
Then once
they manage to find some oil on public land, they have a little game of
jump-rope with the Bureau of Land Management who authorizes new drilling. Once
those rights are secured, that's it . . . it's no longer OUR OIL. The BLM signs
it away and then it gets pumped out and tossed into the global market where OUR
OIL gets lost in a dizzying maze of markets that open and close as the world
spins.
Global
supply and demand sets the price and that's all she wrote. It doesn't matter if
that shale was directly underneath YOUR ASS, saturated with oil that's been
slowly decomposing since the cretaceous period, you will pay NO LESS for gas
just because it was extracted within the legal border of the United States.
All this
"We" and "Our" terminology is just a big, fat, stinking
lie. The 2 million barrels a day we can hope to get out of this poison cracking
effort will lower gas prices only in proportion to how much it offsets GLOBAL
demand.
Global
demand in 2009 was up to 88.6 million barrels per day. By 2015 it's projected
to be as high as 95 million barrels a day, which means OUR awesome new source
will represent just a tad more than 2% of the global demand. What would a 2%
reduction in the price of gas at the pump mean today?
Gasoline
averages $3.70 nationally so that's a whopping $0.074 . . . rounding down we'll
call it 7 cents.
7 cents
y'all . . . that's OUR CUT.
How much
will the big three oil companies make? Well they profited about $6.22 per
barrel as of 2009 so they're looking at $12.44 million per day AFTER COSTS
(which, as I've already mentioned . . . we taxpayers are subsidizing with
corporate welfare).
They get
$4.54 billion per year in profit by thrashing public land and pumping poison
into the water that people and livestock drink . . .
We save 7
cents per gallon at the pump. With a 16 gallon fill up, that's $1.12!!!!
Almost enough for a bottle of non-toxic water!
Well what
are we waiting for America?
DRILL BABY
DRILL!!!!!!!!
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