News

Loading...

Tuesday, July 01, 2008

The "68 million acres" claim about oil companies.

OK I didn't post this until I had had a chance to read the offending document, but yeah, it really looks like these claims (pdf) about the oil companies--and the federal lands that they have leased but are stubbornly refusing to develop--are as ignorant as they first sound.

Here IER (not me writing this time) blows them apart. This actually gets pretty funny (for these types of things) in the bullet points, so I encourage you to actually read it.

Now that I have assured myself that these accusations against evil Big Oil are patently absurd, the question becomes: Is Obama truly this ignorant of how business works, or is he making such ridiculous charges just to get elected?

I'm not sure which outcome I prefer. It's comparable to: Does George Bush actually think he's patching things up over there in the Middle East, or...?

8 comments:

  1. John Petrie11:29 PM

    "...(but the pipeline construction would be a bear)."

    Ha!

    ReplyDelete
  2. You're right, this was a good read:If we use the very same extrapolation, we can estimate that an extra 182.5 days (12 hours per day x 365 days) of sunlight per year would produce an additional 2,784 megawatt hours of solar electricity each day. That would double our current daily solar energy today, if the government would just outlaw night.

    That reminds me of Frederic Bastiat's satirical piece about the Sun and candlemakers.

    ReplyDelete
  3. Taking an argument to it's logical extreme does not disprove the argument.

    Do you seriously believe that U.S. oil companies have already developed every profitable acre? I don't.

    Do you believe that oil companies would develop in national parks simply because it is 2% cheaper than their existing leases? I do.

    Oil companies are perfectly willing to use a national crisis to increase their long term resources. All those silly "extrapolations" are not an argument, they are just name-calling.

    You need to start thinking more clearly than that.

    ReplyDelete
  4. Anonymous8:58 PM

    Welcome to wow gold our wow Gold and wow power leveling store. We wow gold are specilized, wow power leveling professional and reliable wow power leveling website for wow power leveling selling and wow gold service. By the World of Warcraft gold same token,we offer wow power leveling the best WoW service wow power leveling for our long-term and wow powerleveling loyal customers. wow powerleveling You will find wow powerleveling the benefits and value powerleveling we created powerleveling different from other sites. As to most people, power leveling they are unwilling to power leveling spend most of wow power leveling the time wow gold grinding money Rolex for mounts or rolex replica repair when replica rolex they can purchase Watches Rolex what they Rolex Watches are badly need. The Watch Rolex only way is to look Rolex Watch for the best place rs gold to buy cheap WOW gold. Yes! You find it here! Our WoW Gold supplying service has already accumulated a high reputation and credibility. We have plenty of Gold suppliers, which will guarantee our delivery instant. Actually, we have been getting Runescape Gold tons of postive feedbacks from our loyal RuneScape Money customers who really appreciate our service.

    ReplyDelete
  5. Anonymous8:58 PM

    Welcome to wow gold our wow Gold and wow power leveling store. We wow gold are specilized, wow power leveling professional and reliable wow power leveling website for wow power leveling selling and wow gold service. By the World of Warcraft gold same token,we offer wow power leveling the best WoW service wow power leveling for our long-term and wow powerleveling loyal customers. wow powerleveling You will find wow powerleveling the benefits and value powerleveling we created powerleveling different from other sites. As to most people, power leveling they are unwilling to power leveling spend most of wow power leveling the time wow gold grinding money Rolex for mounts or rolex replica repair when replica rolex they can purchase Watches Rolex what they Rolex Watches are badly need. The Watch Rolex only way is to look Rolex Watch for the best place rs gold to buy cheap WOW gold. Yes! You find it here! Our WoW Gold supplying service has already accumulated a high reputation and credibility. We have plenty of Gold suppliers, which will guarantee our delivery instant. Actually, we have been getting Runescape Gold tons of postive feedbacks from our loyal RuneScape Money customers who really appreciate our service.

    ReplyDelete
  6. Anonymous8:59 PM

    Welcome to wow gold our wow Gold and wow power leveling store. We wow gold are specilized, wow power leveling professional and reliable wow power leveling website for wow power leveling selling and wow gold service. By the World of Warcraft gold same token,we offer wow power leveling the best WoW service wow power leveling for our long-term and wow powerleveling loyal customers. wow powerleveling You will find wow powerleveling the benefits and value powerleveling we created powerleveling different from other sites. As to most people, power leveling they are unwilling to power leveling spend most of wow power leveling the time wow gold grinding money Rolex for mounts or rolex replica repair when replica rolex they can purchase Watches Rolex what they Rolex Watches are badly need. The Watch Rolex only way is to look Rolex Watch for the best place rs gold to buy cheap WOW gold. Yes! You find it here! Our WoW Gold supplying service has already accumulated a high reputation and credibility. We have plenty of Gold suppliers, which will guarantee our delivery instant. Actually, we have been getting Runescape Gold tons of postive feedbacks from our loyal RuneScape Money customers who really appreciate our service.

    ReplyDelete
  7. Anonymous12:13 AM

    In my opinion, shaiya gold is interesting for you who like games to play, playing game is cool! Do you think so? Everyone around you will admire you, I think. It is cheap for you to buy shaiya money.
    shaiya online gold will be a good way for you to have fun, if you have needs, please come to buy shaiya gold

    ReplyDelete
  8. We offer WoW power leveling,World of Warcraft power leveling,Warhammer Online Power Leveling & Warhammer Power Leveling & Warhammer Online Gold,if you want buy cheap wow power leveling & honor power leveling,please come here to choose. you could find any kinds of powerleveling you want. Please remember,we are your online game helper. Please remember,we are your online game helper.please come here to choose. you could find anything you want.wow power leveling,wow power leveling,wow power leveling,wow power leveling,wow power leveling,wow powerleveling,wow powerleveling,wow powerleveling,wow powerleveling,wow powerleveling,Warhammer Online Power Leveling,war leveling,Warhammer leveling,Warhammer Power Leveling,Warhammer Online Gold,Warhammer Gold,WAR Power leveling,WAR Gold,world of warcraft power leveling,world of warcraft power leveling,world of warcraft power leveling,world of warcraft power leveling,world of warcraft power leveling,world of warcraft powerleveling,world of warcraft powerleveling,world of warcraft powerleveling,world of warcraft powerleveling,world of warcraft powerleveling,wow gold,wow gold,wow gold,wow gold,wow gold,world of warcraft gold,world of warcraft gold,world of warcraft gold,world of warcraft gold,world of warcraft gold,AOC Power Leveling,AGE OF CONAN Power Leveling,Warhammer Online Power Leveling,Warhammer Power Leveling,Warhammer Online Gold,Warhammer Gold,2 Moons Dil,MapleStory Mesos,Maple Story Mesos,MS Mesos,WARHAMMER ONLINE GOLD,Cheap WARHAMMER ONLINE GOLD,RuneScape Gold,RS Gold,RuneScape Money,RS Money,SilkRoad Gold,SilkRoad Online Gold,SRO Gold,EVE ISK,EVE Online ISK,Gaia Gold,2 Moons Dil,WOTLK power leveling,AOC Gold,AGE OF CONAN Gold,LOTRO Gold,Lord of the Rings Online Gold

    ReplyDelete