Back when Crist opposed oil drilling

From The Buzz audio archives comes a priceless moment, now that Gov. Charlie Crist has shifted course and is willing to explore oil drilling off Florida's coast.

On the morning of Oct. 10, 2006, Crist, seeking a coveted editorial endorsement, appeared before the St. Petersburg Times editorial board. Editor and Chairman Paul Tash began things by asking Crist to name an issue where he philosophically disagreed with then-Gov. Jeb Bush. Crist's answer, without hesitation: Oil drilling. Then he riffed on how, as a boy, he remembered cleaning oil off birds' wings after an oil spill in Tampa Bay.

Listen to it here. 

Comments

Why is this a surprise to anyone? The man? makes statements based on polls and whether he wants to try to kiss McCain's butt to get the VP nod. What's next, a quickie wedding to Mrs. Rome?

Join the war on gasoline prices.

DRILL NOW!!

http://www.americansolutions.com/

OK BUZZ - we get it! four or five topics on the exact same theme that you think crist flip-flopped - get over it - get in the game because the debate is on - the train has left the station and you keep complaining to the ticket agent

Back when Crist opposed drilling a gallon of gas went for a around $2.15 a gallon.

[RJM]

As much as I disliked JEB, he had a good compromise proposal. Allow it, but keep it at least 100 miles offshore.

Drilling offshore Florida will NOT solve the price at the pump anytime soon - that Crist uses "price at the pump" as his reason for changing his position on the issue is disingenuous, or he is dumber than i thought.

A sensible, responsible individual reconsidering their opinion on drilling offshore Florida, whether for or against, would approach it slowly and thoughtfully, with deliberate attempts to gain as much knowledge as possible before making a statement - not in a knee-jerk manner that Crist did.

I cannot name another politician presently serving, or in recent history, that demonstrates such blatant pandering. Crist is a disgrace.

These liberals are scared to death that the people will speak and tell them to go to h...! And that's about what is going to happen. Every Democrat who opposes drilling will go down to defeat in November. Simple as that, but liberals don't understand that anyone would not do what they are told. That's what guides so many of the Obamabots on this blot---they are all follow the leader types who will follow Obama the way Germans did Hitler. Right into their own destruction!!

Oil prices on world markets will drop immediately by 10-30% when investors perceive the U.S. is serious about solving its supply problem. Those who say "it won't help us for 5, 10 years, blah blah blah" are betraying their total ignorance of how markets work. Markets are simply a time machine that consolidate all future expectations into today's price signal.

1:24 - Crude oil is not a stock with an earnings stream that can be discounted. You've got your assets confused.

1:29 - crude is a commodity that is traded on markets - and 1:24 never said it was a stock - crude has a value just like gold and pork futures and they are not stocks either - i hope you've got an outside investment planner for your retirement cause you in trouble if you're doing it yourself

1:33 - The only price that could possibly be affected by the announcement to drill in the Gulf would be a futures contract for a delivery date at the time the oil would actually be supplied to the market. People don't pay for and physically cannot use oil today that will come out of the ground in 10-15 years.

You are several notches below a novice.

"Markets are simply a time machine that consolidate all future expectations into today's price signal."

yes - and current speculation has far outpriced gasa's true value.

Increasing supply isn't going to do much. Demand is easily being met.

1:38 - exactly, crude is traded on a futures market, duh, what's your point

and stop moving the goal posts - first you anti-drillers said it would take 7 yrs to extract oil from any new leases - then it was 10 - now you are saying 10 to 15? do your numbers keep changing because you feel the debate slipping toward the pro-drillers?

2:41 - I suggest you attempt to go to the gas station today and fill up your car with fuel that will be pumped from the Gulf in 10 or so years.

Futures markets are used to manage risks and hedge investments. Pumping or not pumping Gulf oil in 10 years does not affect these instruments unless you wanted to write a contract for when you think additional supply from the Gulf might come to market and affect prices. That contract would be dated the month you expect the oil to physically be pumped from the ground and delivered. If you do it your way, I take your money because you don't know what you are doing.

The oil market is not a discounting mechanism like the stock market. You are quite confused.

I think it might take some time to get this concept through your thick skull, but I'll be here for ya.

As for the timeline, I've posted the study no less than 10 times on this forum. Have you still not read it? Are the facts too confusing?

http://www.eia.doe.gov/oiaf/aeo/otheranalysis/ongr.html

"The projections in the OCS access case indicate that access to the Pacific, Atlantic, and eastern Gulf regions would not have a significant impact on domestic crude oil and natural gas production or prices before 2030."

"Because oil prices are determined on the international market, however, any impact on average wellhead prices is expected to be insignificant."

3:08 - yeah i've read your link, you've slapped it up everywhere - and to pull from the quote you post:

"The projections in the OCS access case indicate that access to the Pacific, Atlantic, and eastern Gulf regions would not have a significant impact on domestic crude oil and natural gas production or prices before 2030."

that may be true - but it says SIGNIFICANT impact - you see, there's this thing called a spectrum and although we may not see a significant impact until 2030 i bet we can see a minimal or even substantial impact before 2030 - i'll take any impact

the entire 10 year argument is bunk anyway - even if it does take 10 years* we need to start drilling now for our energy independence - this whole "it's gonna take ten years to get oil so let's not start drilling" is bullcrap - a college degree takes 4 years so why even have a bright futures program? starting college now is not gonna get them a degree today, right! but that's liberal "logic" for you

* and the 10 year figure is an UP TO 10 years - companies have 10 years to show production from a lease, but oil and natural gas can be extracted much sooner

3:18 - So what's your take on the word "insignificant"...as in the effect on prices will be "insignificant". Does that also mean "substantial" in fantasy land? That's an interesting spectrum you've created for yourself. LOL. Heck, I'd call you an idiot, but you might consider it a compliment.

So putting leases out for bid, assigning leases according to MMS criteria, building multi-billion dollar saltwater rigs, and most likely drilling several dry holes is like getting a four year degree? You might want to work on your analogies. I never said that no oil would be produced. In fact, the EIA study says quite the opposite. However, it does state there will essentially be no material impact on crude supplies and prices. It's there in black and white and no amount of denial will change that. It doesn't matter what you THINK.

3:42 - you say "However, it does state there will essentially be no material impact on crude supplies and prices. "

but, the quotation you posted from the EIA says no SIGNIFICANT impact - keep it straight - and i'll take an insignificant impact because it's at least something - would you tell your employer not to give you an insignificant 2% raise? didn't think so

and no i don't not say getting a degree is like drilling for oil - how dense are you? my point was your argument against drilling now because we won't see oil for 10 years is ridiculous - you gotta start sometime - just like you won't get a degree for 4 years BUT YOU GOTTA START SOMETIME - get it that time?

4:16 - 4:16 - It's not my argument...it's the EIAs!!!!

The Access case assumes the moratoria will be lifted and leases will be assigned for the OCS (not just the gulf)in 2012.

Assuming drilling starts ASAP, there will be no SUBSTANTIAL, no SIGNIFICANT, and no MATERIAL impact on global crude supplies and prices. ALL OF THOSE ADJECTIVES MEAN THE SAME THING. The Enlgish lexicon is very clear on what those words mean. Your definitions don't matter.

Oh, and reconcile that with your claim that prices will drop 10-30% "immediately". That was you original boneheaded comment.

How can you expect to have a conversation with someone if you don't read the material they are referencing and if you don't know the meaning of basic English words?

It doesn't matter what you THINK because you have ZERO empirical foundation for your claim. You're making it up....clearly.

4:51 - i don't know who you're talking to, but i never said anything about an immediate price drop of 10-30% - price is not really even my issue if you happened to read any of my argument dimwit - it's energy independence and we need to get off foreign oil - and i'll take any impact toward that end

oh, and 61% of FL voters agree with McCain according to rasmussen - so eat that

So you think 200,000 additional barrels/year for the entire OCS (not just the gulf) in 2030 (maybe) is going to ween us off foreign oil? lol You might want to check the demand forecasts while you're learning...not that I have any confidence that you could organize multiple pieces of information into a cogent idea. (hint: look up the word 'insignificant')

Seriously, read the study before we discuss this further. I'm not sure which authority figure you are appealing to, but I suggest you find a new "guru". Perhaps you really are making it up as you go.

oh, it doesn't matter what 60% of Floridians think. Any bill proposing a lifting of the ban will NEVER reach the Senate or House floor anytime soon - there's something for YOU to chew on...

Been fun and I have truly enjoyed deconstructing your fantasy-filled ideas.

[Donald Lance]

However you all want to argue it, I'd rather have tarballs on the beaches instead of Jihadists on the beaches. If that's tomorrow or 20 years from now - great!

Forget about Charlie. This is the kind of flip flop stuff that's gonna turn up by the boatload on McCain. Obama tears him apart over this kind of shameless pandering.

[Donald Lance - Incoherent Moron]

I'll bet you don't use your real name cause your employees would all see that the inmate's running the asylum.

This is the end of Obama. You can sense the fear in the hearts of all the Obamabots. If he doesn't support drilling he's gone. If he does support it, the left turns on him and he loses.

Don't them stupid Republicans know what they are doing? They could cause Obama to lose. Oh My God!!!

The U.S. has enough oil that we would not need one drop from the middle-east.
The sad fact is we will not go after that natural resources because of the Democrats.

We need a solid Energy Independence plan.

So you support closing the SUV/light truck CAFE loophole and raising the average CAFE to 35 MPG. Soccer moms in SUVS have burned up more oil in the past 8 years than the Gulf will produce in the next 8.

Alaska Si, Florida No