GM Halts Production of Chevy Volt, Lays Off 1,300 Workers…

Damocles said:
This might make some sense, had they not passed the Green Energy bill in 2005 that currently is used for that funding.

Reality is not reflected in your post, only ideology is.

Another reality, the GOP would very often include it in bids to drill in new areas, but it was rejected by ideologues...
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Btw, the 2005 bill was a gift of billions to the nuclear & oil industries. It had disproportionate benefit to TX companies, as well. It was hardly a "green" bill.
 
I'm glad dems control energy. The last thing we want is cheap oil and gasoline. Why go with proven oil when you can piss away billions on a lemon voilt and failing solar scams. At least obuma's friends are getting paid.
 
Other than the H-bomb and the moon landing, I've seen little of government spending that resulted in results. OTOH, I can see lots of results from government incentives that encouraged private development of products. The railroads were a low point, but the offshoots of space exploration are the high points.
 
Of the thousands of oil and gas wells on federal land, only 6 percent of violations of federal environmental and safety standards resulted in monetary fines over the past 13 years. Fines over that time totaled less than $275,000.

Federal regulators issued no fines in the period February 1998 to February 2011 in eight of the drilling states.

Hardly a case of the government strangling the oil industry, as some want you to think.
 
\\(())// said:
Of the thousands of oil and gas wells on federal land, only 6 percent of violations of federal environmental and safety standards resulted in monetary fines over the past 13 years. Fines over that time totaled less than $275,000.

Federal regulators issued no fines in the period February 1998 to February 2011 in eight of the drilling states.

Hardly a case of the government strangling the oil industry, as some want you to think.
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Link and analysis, thank you very much.
 
Onceler said:
You're kidding yourself if you think conservatives are committed to alternatives in any significant way.
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that's a silly conclusion.....I've started threads here on alternative fuels, when I haven't started threads on practically anything else, I've also posted things about wind energy, which fascinates me......
 
Conservatives want more drilling even though they cannot say how it will benefit American consumers....and then there's the fact that the oil industry wants to drill in wilderness areas and off our beaches...they say they can be trusted....


A report found that more than 2,000 violations were handed out by the Interior Department to oil and gas companies drilling on federal land.

Of these, 549, or 27 percent, were classified by committee staff as a major environmental or safety violation.

More than half the major violations stemmed from a nonfunctioning or missing blowout preventer, the same device that failed in the BP oil spill in the Gulf of Mexico, the report said.


A total of 113 major violations cited inadequate well-casing or cementing, another problem that occurred in the BP spill.

Onshore, well-casing and cementing are a key defense against groundwater contamination.

On at least 54 occasions, oil and gas companies began drilling on federal land before receiving formal approval to do so, the report said.


Despite those problems, monetary fines were rarely issued, the report said. In eight states -- Alaska, Arkansas, Louisiana, North Dakota, Nevada, Ohio, South Dakota and West Virginia -- no fines were issued for the period studied.

Thirteen companies were cited for at least 30 violations over the period studied, topped by Oklahoma-based Williams Production RMT Co., which received 98 citations and seven fines totaling $6,000.


Colorado-based Encana Oil & Gas Inc. received 63 citations and four fines totaling $11,000, while Texas-based Anadarko E & P Co. received 61 violations and one fine totaling $5,000.


http://www.nola.com/business/index.ssf/2012/02/federal_oversight_of_drilling.html
 
my son will find out today what the impact will be.....he's at the battery plant that makes the Volt batteries......started there back in October.....
 
Aoxomoxoa said:
Probably if there was immediate money in it, however it will need an huge investment in infrastructure and a long term plan. Which are an anathema to the right, as it smacks of socialism.
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What a crock of shit. The right doesn't like infrastructure spending? Please... do link us up to any evidence you have that supports that.
 
Superfreak said:
What a crock of shit. The right doesn't like infrastructure spending? Please... do link us up to any evidence you have that supports that.
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You're right. That is a crock of shit. Repulicans have spent a ton of our money on infrastructure projects. Mostly in Iraq, Afghanistan and more recently they have been open to developing Libya's oil infrastructure. Domestic infrastructure they have tied infrastructure development to spending cuts and taxes. The former I can understand, the later is very short sighted.
 
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