China gets 51% of the oil drilled there - we get NOTHING, and our oil GOES TO CHINA!

[grahamhgreen]

How much money do YOU get for OUR oil in the Gulf? NOTHING! In fact, you are forced to buy it back at a loss, and no doubt will be paying for the costs of the BP disaster for decades.


Contrary to popular belief, when we drill in the Gulf or any US offshore resources, the oil does not come back to America to be used in our cars - it is sold on the open market to the highest bidder.


The entire notion that offshore drilling is somehow beneficial to Americans is a farce.

We do not share in the profits or get the oil.

CHINA, OTOH:

"Several deepwater blocks in the South China Sea are currently under exploration by foreign firms, including the Reading-based BG Group, but under Chinese law CNOOC has the right to acquire up to a 51% stake in the event of a commercial discovery."

http://blogs.ft.com/beyond-brics/2010/06/17/beyondbrics-story-list/


NO OFFSHORE DRILLING. RENEWABLE FUELS NOW.

[xchrom]

1. Drilling for the U.S. was always in part a lie.

A lot of that oil goes and we are vastly under paid
for mineral rights on our land.

[AnArmyVeteran]

5. Are you saying the right wing has been lying? OMG!

It's amazing how many people believe that domestic drilling adds one drop of oil to the US oil reserves. ALL of it is sold on the world market and then we have to buy it back at very high prices. The price of oil is back up to $100 a barrel so BP will be making even more money in spite of the loss of a paltry 20 billion, and other expenses. All of the world's oil companies are in a conspiracy with each other. We need to nationalize our oil in the US and not allow a drop of it to go outside our borders.

The right wingers must be the dumbest zombies in the world for believing drilling in US waters or land adds one ounce of oil to our stockpile. Why do democratic leaders let the right wing get away with such total nonsense? They NEVER tell the American people that republicans are wrong or try to educate the American people using truth and facts regarding domestic oil.

If democratic leaders used all of the ammunition given to them by the right wing they should pick up seats in both houses of congress. But will the DNC chairman actually lead the party instead of allowing obvious lies go unchallenged by the right wing? I just don't get it. I wish I was the DNC chairman.

[tom_paine]

9. I am beginning to think it's been going on for much longer than we think

I am also beginning to think our Democratic Leadership has been brought to heel in almost exactly the way the Watergate Conspirators planned, just by other means, such as the DLC, media consolidation, etc.

I mean, in 1988 we had Rayagun and especially Bush I dead-to-rights for High Treason in Iran-Contra. I also speculate that the whole Iran-Contra Affair stemmed from the "introduction" the Bushies got when they set up the 52 Hostages and Jimmy Carter with the "October Surpirse" back in 1980.

Strangely, the DEMOCRATS agreed during the Iran-Contra Whitewash not to look at anything "before 1985"? And anyone who was watching remembers their laughable softball questions.

Time and time and time again this sort of thing has happened. One can only look at it so many times before one begins to wonder if the Democratic Leadership isn't purposely tanking, like the Washington Generals against the Harlem Globetrotters.

[AnArmyVeteran]

12. I agree 100%! If the democrats in the 80s had taken them down conservatives would be laughingstocks.

Golden opportunity, after golden opportunity the whitewashing continues. Both Raygun and both Bushes are traitors and I agree, the hostage thing was completely planned and/or manipulated. They could have had Reagan thrown out of office along with Bush. And Oliver North would still be in prison instead of having his felonies vacated. Now Obama decided to let Bush and Cheney go even though they are war criminals. It defies everything that is good. Evil just keeps winning out over good because people would rather whitewash than do what is right.

It's sickening. We used to have real leaders in this country who were strong. Now everything is focus grouped to death and people in leadership positions are left totally unable to make any decisions of any consequence. And in the meantime our country keeps sinking into more and more corruption.

[grahamhgreen]

13. The fact that the oil is is sold on the open market under UTA the entire rationale for

Dangerous offshore drilling.

I couldn't agree with you more!

[LynneSin]

2. China has about a billion more people then we do too

anyhow we have to sell China something to offset all that junk we buy from China.

[hootinholler]

14. But *we* are not selling it to them.

It doesn't benefit *us* it benefits the corporations.

-Hoot

[grahamhgreen]

15. Exactly! nt

[dipsydoodle]

3. That is an over simplification

which also ignores the fact your government receives royalties as do other governments for their own oil.

If you'd prefer a situation whereby you kept what you've got and paid substantially higher prices for your imports then fine because whatever you did would be reflected on what the Arab Gulf States charge for their exports.

[grahamhgreen]

10. China gets 51% - I suggest we get the same, at the very minimum.

[Better Believe It]

4. None of the oil is "our oil". Not a barrel, not a gallon, not a drop is "ours".

The only way that "oil" can become the publics oil, "our oil", is if the big "American" oil companies are nationalized.

[Bigmack]

8. I hunger for that time! nt

[jdlh8894]

6. In what country is it refined?

That's where the money is being made.

[elocs]

7. Contrary to popular belief also is that there is no special tank where BP pumped oil goes to

and neither does segregated BP oil get refined into segregated BP gas.

[librechik]

11. This statement should always preface any remark about the spill

just so we know what we're REALLY talking about.