California panel rejects new offshore oil drilling

Jan 29, 2009 Full story: www.iht.com 645

A state panel rejected a proposal Thursday that could have led to the first new oil drilling project off the California coast in 40 years.

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“Did U plug the damn hole yet?”

Since: Jan 08

Richardson, TX

#700 Apr 3, 2009
Skeptic wrote:
<quoted text>
Mac,
I believe those are the percentages China and Japan have of the FOREIGN holdings rather than of the total debt. The total held by ALL foreign countries was $3072.2 billion but the total federal debt is slightly above $11,000 billion (and that fails to count the money “borrowed” from those now paying into Social Security and Medicare).
Little Luxembourg is above both Taiwan and Korea.
Add taxed away to “given or driven.” We’ve borrowed from some foreign countries for several decades but NEVER on the recent scale!
Do you believe ANY amount of money government can provide would make GM or Chrysler competitive with the Asian auto manufacturers?
Until recently the biggest problem GM had being competative was the retirement pensions and the union.

If GM could have closed all the factories in the rust belt and moved to the South like the Germans and Japanese they could have built cars just a good and just as cheap.

Now I think that Obama and the libs having stuck their fangs in the car companies they will never let go.

Meaning that in the future product decisions will be made by radical environmentalists who basically hate the automobile to begin.

That is not encouraging for GM's long-term prospects.
Skeptic

Bigfoot, TX

#701 Apr 3, 2009
Mac-7 wrote:
<quoted text>
Until recently the biggest problem GM had being competative was the retirement pensions and the union.
If GM could have closed all the factories in the rust belt and moved to the South like the Germans and Japanese they could have built cars just a good and just as cheap.
Now I think that Obama and the libs having stuck their fangs in the car companies they will never let go.
Meaning that in the future product decisions will be made by radical environmentalists who basically hate the automobile to begin.
That is not encouraging for GM's long-term prospects.
Mac,

Add the Koreans. In fact I believe Kia will outsell VW even after the Chattanooga plant is operating. I believe they may also manufacture the Ford Focus.

In the 1950’s and 1960’s the Japanese cars were superior to those of GM, Ford and Chrysler in “fit and finish” but actually inferior in engines and transmissions. They redesigned to become fully equivalent. Additionally they “bought into” the “just in time” concept of Deming and reduced overhead.

I’ve read estimates that their total labor costs (including pensions and fringe benefits) for small cars may be as much as $1,000-2,000 per car less than those of GM, Ford or Chrysler (including the Arlington plant and others in the south...Oklahoma and Georgia).

I sold my investments in vehicle and parts manufacturing well over ten years ago and have no plans to reinvest so no longer follow those industries.

“Did U plug the damn hole yet?”

Since: Jan 08

Richardson, TX

#702 Apr 3, 2009
Skeptic wrote:
<quoted text>
Mac,
Add the Koreans. In fact I believe Kia will outsell VW even after the Chattanooga plant is operating. I believe they may also manufacture the Ford Focus.
In the 1950’s and 1960’s the Japanese cars were superior to those of GM, Ford and Chrysler in “fit and finish” but actually inferior in engines and transmissions. They redesigned to become fully equivalent. Additionally they “bought into” the “just in time” concept of Deming and reduced overhead.
I’ve read estimates that their total labor costs (including pensions and fringe benefits) for small cars may be as much as $1,000-2,000 per car less than those of GM, Ford or Chrysler (including the Arlington plant and others in the south...Oklahoma and Georgia).
I sold my investments in vehicle and parts manufacturing well over ten years ago and have no plans to reinvest so no longer follow those industries.
I think the Japanese mastered quality engineering and were far superior to Detroit for many years.

But I also think the quality of GM and Ford has improved significently in the last 5 - 10 years and compares to the competition now.

Even so, Japanese engineers are impressive and probably still ahead of American engineers when it comes to drive trains, i.e. the engine and transmission.

So they can still get an extra mile per gallon or 10,000 miles of service (out of 200,000) from their cars that Detroit can't.

That's not a big difference but it still exists.
Skeptic

Bigfoot, TX

#703 Apr 4, 2009
Mac-7 wrote:
<quoted text>
I think the Japanese mastered quality engineering and were far superior to Detroit for many years.
But I also think the quality of GM and Ford has improved significently in the last 5 - 10 years and compares to the competition now.
Even so, Japanese engineers are impressive and probably still ahead of American engineers when it comes to drive trains, i.e. the engine and transmission.
So they can still get an extra mile per gallon or 10,000 miles of service (out of 200,000) from their cars that Detroit can't.
That's not a big difference but it still exists.
Mac,

I agree regarding fuel economy (except tenths of a MPG rather than “an extra” for cars of equal weight) but question longevity. The last time I interviewed those familiar with “high mileage” fleets (taxis and state police pursuit vehicles) they felt that cars from U. S. automakers still held up better than those of foreign competitors. Though that was a LONG time ago I still see cars of U. S. makers as nearly all of those in that type of service.
aryastark

South Jordan, UT

#705 Jan 22, 2013
Whether it's water well drilling or oil well drilling the proper ecological protections need to be in place, but these are resources that we all need! I was looking on http://www.budswaterwells.ca/en/services.html about their environmental wells and geothermal drilling.

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