Long Beach's black gold

One of the solutions to Long Beach's ongoing budget problems may be buried deep underground. Full Story
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Robert J G Jackson Sr

Huntington Beach, CA

#1 Dec 27, 2009
Drill now, drill here, drill often. The simple fact is that we need oil for lots of different products other than gasoline, a few of which are mentioned in this article. The gasoline itself will be needed until alternatives can be produced at reasonable cost. We have vast resources. It's long past time for us to be using them, instead of purchasing oil from others at great cost, both financially and to National Security.
Observer

Lake Elsinore, CA

#3 Dec 27, 2009
Do it! Get the money now. If LB does not provide the oil then the Middle East will. Better we get here and benefit. Environmentalists please realize this and act sensibly.
StayAtHomeMom

Long Beach, CA

#4 Dec 27, 2009
You just have to wonder, what is really going on ??????
Lee Cox

Pleasanton, CA

#5 Dec 27, 2009
The "additional revenue" for which Mayor Foster drools would come at a cost. The "significant environmental impact" which he fails to recognize (He says there would be none.) is the perpetuation of the dirty energy that has caused most of the climate change that threatens our future.

Mayor Foster should demonstrate some courage by putting his own energy into helping turn Long Beach into a green city, as he sometimes claims he wishes to do.

Long Beach
Simpleton

Long Beach, CA

#6 Dec 27, 2009
How much longer are we going to continue letting environmental whack jobs impede progress.
Lee Cox

Pleasanton, CA

#7 Dec 27, 2009
Such an idea would have been called progress a hundred years ago. Most people now recognize that progress is hardly the right word.
sense

Long Beach, CA

#8 Dec 27, 2009
drill baby drill drill!!!
pop

Houston, TX

#9 Dec 27, 2009
Drill.
Oil Man

Lakewood, CA

#10 Dec 27, 2009
The environmental impact of drilling exactly where drilling is aleady occurring is negligible. This is a POTENTIAL major revenue stream for the City (and the State) and not one dime of taxpayer money is risked. Go for it, Long Beach!!!
buckwheat

United States

#13 Dec 27, 2009
Good read, lots of interesting facts. I say drill it, but I also said we should build the LNG plant...we saw how far that got.
LB Local

Los Angeles, CA

#15 Dec 27, 2009
Drill Drill Drill ... Now Now Now

Since: Nov 09

Location hidden

#17 Dec 27, 2009
Robert J G Jackson Sr wrote:
Drill now, drill here, drill often. The simple fact is that we need oil for lots of different products other than gasoline, a few of which are mentioned in this article. The gasoline itself will be needed until alternatives can be produced at reasonable cost. We have vast resources. It's long past time for us to be using them, instead of purchasing oil from others at great cost, both financially and to National Security.
NO! In the interests of national security we do not drill our own oil! We buy it from other nations until theirs runs dry. I think I learned that in Econ 1A. Think about it.
The oil we do have is used to help keep prices down here in the US, which is why we're not paying $7 a gallon for gas like other oil-less nations (though really it's because of all their taxes).
We don't NEED that oil - yet.
Medieval Pundit

Culver City, CA

#18 Dec 27, 2009
Oil Man wrote:
The environmental impact of drilling exactly where drilling is aleady occurring is negligible. This is a POTENTIAL major revenue stream for the City (and the State) and not one dime of taxpayer money is risked. Go for it, Long Beach!!!
We already live in a toilet, a little oil drilling's not going to make it any worse
formerly really

San Pedro, CA

#19 Dec 27, 2009
Isn't the reason they stopped drilling because they were having subsidence problems?
Oil Man

Lakewood, CA

#20 Dec 27, 2009
formerly really wrote:
Isn't the reason they stopped drilling because they were having subsidence problems?
Subsidence has been under control for decades. Monitored with the latest GPS technology on a continuous basis.
LBCityGirl

Seal Beach, CA

#21 Dec 28, 2009
Oil Man wrote:
<quoted text>
Subsidence has been under control for decades. Monitored with the latest GPS technology on a continuous basis.
You need to check your facts, Oil Man...the city continues to sink a couple inches a year with the current drilling and saltwater injection program. This is a serious problem in fact. The infrastructure used for this is old and doesn't work as well as it once did.

I have mixed feelings about the drilling. I suspect in the end the only people making money on this will be the oil company. Not drilling now is like keeping money in the bank. The oil will become a more valuable a commodity as the rest of the world uses theirs up. On the other hand, what if someday oil was obsolete?... then this oil would be almost worthless. Perhaps it is best to take the money while the taking is good.

If it means our city will survive financially for the next twenty to fifty years, it may well be worth the risk.
michael

Newport Coast, CA

#22 Dec 28, 2009
people in long beach just dont get it. do any of you think that this worm you call a mayor would tell the truth about any thing.just look at his record lbcitygirl your all most right about one thing the money this city will see pennies maybe.does any body find it funny how this worm flip flops about everything from green port homeless he does what makes him and his buddies money
Floyd

United States

#23 Dec 28, 2009
Ban all oil extraction in Long Beach and the offshore oil reserves. Hell, we have all the money we need to fund more city, county and state workers, along with their pensions and healthcare benefits.
Why would we want to increase revenue from oil, when all we have to do is dump Prop. 13. Then everything would be just fine. Isn't that what the dem's have been telling us for years?
Drill baby, Drill!
ben cartwright

New Almaden, CA

#24 Dec 28, 2009
while we bicker over minimal oil seepage from drilling near california, each and every day an american is tossed into the fight for oil in the middle east, and dies ..and while this is going on , the big oil companies continue to deal with the middle east for overpriced crude oil,, and the ordinary motorist is litterally robbed at gunpoint for gasoline that could be produced and sold for one dollar a gallon if the middle east was cut out of the picture..
formerly really

San Pedro, CA

#29 Dec 29, 2009
ben cartwright wrote:
while we bicker over minimal oil seepage from drilling near california, each and every day an american is tossed into the fight for oil in the middle east, and dies ..and while this is going on , the big oil companies continue to deal with the middle east for overpriced crude oil,, and the ordinary motorist is litterally robbed at gunpoint for gasoline that could be produced and sold for one dollar a gallon if the middle east was cut out of the picture..
The US has 3 percent of the world's supply of crude. Drilling here will not supply our needs.

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