11-05-2009, 11:21 AM
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#70
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Living Legend
Join Date: Oct 2004
Location: chesapeake, va
Age: 61
Posts: 15,817
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Re: Election Day Comments
Quote:
Originally Posted by Trample the Elderly
The West invented oil production. Middle Eastern countries still use Western contractors to run many of their oil fields. You don't know if it would be cheaper for VA to produce oil since there hasn't been a discovery yet. For all we know there could be a large basin of light sweet crude on the continental shelf. You seem to forget that we buy most of our oil from Canada and Mexico, not the Saudis. How would it not be cheaper for Virginians to get oil off our own coast, than to ship it from the Mid-East or truck it in?
Yes, you do have a point with the dollar. There is a double edged sword to having the world flooded with US dollars. Our exports are cheaper. What we export besides our factories and jobs, I don't know? That is the theory though. You'll get no arguement from me about the weak dollar.
Technology will only get you so far. The US doesn't have the market locked up on intelligent people. The Russians have a better space program right now. Also, that technology does us no good if it's never used. High priced weapons platforms are a waste of tax dollars IMO. Why buy all of this fancy crap that we'll never use? IMO nothing beats the bayonet, fire, and the will to use them both on your enemies without mercy.
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The only drilling off Va. is going to be natural gas not oil.
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