More on energy costs
I can’t thank Randy Park enough for reading my letter and engaging in a discussion about energy. It seems as though he may have missed the point of my letter cataloging that the U.S. is currently enjoying a domestic oil production boom in times of high gas prices, and future prospects are not likely to keep pace with demand.
Without some sort of law barring domestic oil companies selling oil and refined products on the international market there is no way to stop domestic oil reserves from leaving the country. Although, it’s a quaint thought, oil companies won’t choose patriotism over profits unless forced.
Offshore oil reserves in the U.S. are sometimes touted as those requiring more exploration and development. Not a bad idea, but don’t be fooled by oil industry rhetoric. Unrestricted leases containing a potential (surveyed, not proven recoverable) 85bn barrels are currently held and are not being developed. The reason oil company lobbyists want you to believe they need more leases, so they can leave them idle, is that their stock price is heavily dictated by their potential reserves.
Offshore reserves currently being explored in the Atlantic and Pacific are much smaller than those in the Gulf of Mexico, meaning they are less profitable to develop, requiring more rigs and all associated costs.
There is no magic panacea for rising energy prices, the supply side of the equation is becoming harder to squeeze, the demand side is where the major work will be done in the coming years, with or without our action.
David Hymer, Marana
Management Study is good management
If it ain’t broke, don’t fix it? Don’t even look at it? Really? Is that what passes for responsible management of the town’s resources? All of the town’s departments can be examined except the police?
The Oro Valley Police Department takes almost half of the town’s budget. This exceeds by far the norm for a town this size.
Would this same attitude prevail if 60-70 percent of the budget went to the department? Where is the cutoff in this town and on this council between acquiescence and concern?
Trust me, I’m no follower of Grover Norquist but, we cannot throw out fiscal responsibility because we are talking about a law enforcement agency.
I thought that I lived in the land of conservatives. After all, last year’s whining over a modest water fee increase could be heard across the state. Had we done the management study earlier, who knows, maybe all that gnashing of teeth could have been avoided.
Dana Whitson, Oro Valley