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Post by aztec70 on Mar 18, 2012 21:43:04 GMT -8
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Post by aztecwin on Mar 19, 2012 17:24:01 GMT -8
Private production on private land. Drill Anwar, Offshore and other Federal land.
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Post by tuff on Mar 20, 2012 8:14:38 GMT -8
Oil is here to stay. there are too many by-products from oil that we use daily in our society. And I mean thousands of by-products. So why in the hell are we dependent on foreigners to get it when we have all we need right here?
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Post by aztec70 on Mar 20, 2012 8:30:17 GMT -8
Oil is here to stay. there are too many by-products from oil that we use daily in our society. And I mean thousands of by-products. So why in the hell are we dependent on foreigners to get it when we have all we need right here? It is probably a real mistake to be burning the stuff when so many useful things can be made from it.
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Post by aztec70 on Mar 20, 2012 8:33:13 GMT -8
Private production on private land. Drill Anwar, Offshore and other Federal land. Prodiction has gone up under Obama. So the conservative lie is revealed again. Do you think oil will be more valuable in the future?
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Post by aztecwin on Mar 21, 2012 13:06:15 GMT -8
Private production on private land. Drill Anwar, Offshore and other Federal land. Prodiction has gone up under Obama. So the conservative lie is revealed again. Do you think oil will be more valuable in the future? What part of "none of Obama's doing" do you not understand?
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Post by aztec70 on Mar 21, 2012 13:17:40 GMT -8
Prodiction has gone up under Obama. So the conservative lie is revealed again. Do you think oil will be more valuable in the future? What part of "none of Obama's doing" do you not understand? Yet conservatives keep blaming gasoline prices on Obama. So I will quote you, "none of Obama's doing".
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Post by markyc on Mar 21, 2012 14:05:32 GMT -8
Obama = Conservative's scapegoat for anything and everything
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Post by Deleted on Mar 21, 2012 15:34:24 GMT -8
The US has 2 percent of the world's oil reserves so let's use it up as fast as we can.
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Post by davdesid on Mar 21, 2012 15:39:13 GMT -8
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Post by aztec70 on Mar 21, 2012 15:50:58 GMT -8
Shoot, there a 2303 billion barrels of undiscovered reserves. No problem. I do wonder, though, how anyone knows how much is undiscovered. Hey, we all may be billionaires, we just have not discovered the money yet. LOL
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Post by davdesid on Mar 21, 2012 16:07:31 GMT -8
Shoot, there a 2303 billion barrels of undiscovered reserves. No problem. I do wonder, though, how anyone knows how much is undiscovered. Hey, we all may be billionaires, we just have not discovered the money yet. LOL I guess you didn't bother to read the entire article. Not surprising since it undercuts the libtard narrative... But as the EIA explains, proved reserves “are a small subset of recoverable resources,” because they only count oil that companies are currently drilling for in existing fields. When you look at the whole picture, it turns out that there are vast supplies of oil in the U.S., according to various government reports.LOL
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Post by aztecwin on Mar 21, 2012 16:09:55 GMT -8
What part of "none of Obama's doing" do you not understand? Yet conservatives keep blaming gasoline prices on Obama. So I will quote you, "none of Obama's doing". Drilling and production could increase greatly if Obama had any real interest in Energy beyond wasting money on his "Green Cronies". It might take a while but world prices would come down drastically should we increase domestoc production capacity. We might still be able to pump the middle east dry just by developing domestic oil and gas while providing thousands of jobs in oil fields and building pipe lines and refining capability.
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Post by davdesid on Mar 21, 2012 16:24:42 GMT -8
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Post by Deleted on Mar 21, 2012 18:40:42 GMT -8
When you look at the whole picture, it turns out that there are vast supplies of oil in the U.S., according to various government reports. Duh!
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Post by aztec70 on Mar 22, 2012 6:42:29 GMT -8
Shoot, there a 2303 billion barrels of undiscovered reserves. No problem. I do wonder, though, how anyone knows how much is undiscovered. Hey, we all may be billionaires, we just have not discovered the money yet. LOL I guess you didn't bother to read the entire article. Not surprising since it undercuts the libtard narrative... But as the EIA explains, proved reserves “are a small subset of recoverable resources,” because they only count oil that companies are currently drilling for in existing fields. When you look at the whole picture, it turns out that there are vast supplies of oil in the U.S., according to various government reports.LOL What part of "undiscovered resources" escapes you. Hey, there may be gold under my house! I just have not discovered it yet. I will cut you slack on the "technically recoverable", but as the article says not economical even at today's price, even the shale oil. The "undiscovered resources", which is almost half of the pyramid is just too funny. ROFL
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Post by davdesid on Mar 23, 2012 15:14:23 GMT -8
I guess you didn't bother to read the entire article. Not surprising since it undercuts the libtard narrative... But as the EIA explains, proved reserves “are a small subset of recoverable resources,” because they only count oil that companies are currently drilling for in existing fields. When you look at the whole picture, it turns out that there are vast supplies of oil in the U.S., according to various government reports.LOL What part of "undiscovered resources" escapes you. Hey, there may be gold under my house! I just have not discovered it yet. I will cut you slack on the "technically recoverable", but as the article says not economical even at today's price, even the shale oil. The "undiscovered resources", which is almost half of the pyramid is just too funny. ROFL It says ALL of it would not be profitable at today's prices. It says the problem is that government has roped off access to the resources. And of course, we are always told that the product won't make it to market for years. That was the excuse years ago, and those "years ago" years are long gone, and the product would be here by now. The issue is how many more years the libtards are going to be able to get away with kicking the can down the road with the "it won't be on the market for years" excuse. To be sure, energy companies couldn't profitably recover all this oil — even at today's prices — and what they could wouldn't make it to market for years. But from the industry's perspective, the real problem with domestic oil is that the government has roped off most of these supplies.Nice try at spin, though. ROFLMAO
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Post by aztecwin on Mar 23, 2012 16:10:11 GMT -8
I guess we might just as well forget additional refining because it takes so long to build. Does anyone other than me find it strange that Obama used a campaign stop in OK to take credit for fast-tracking a section of the Keystone Pipeline. Did he mention that this particular section did not nor did it ever require Presidential approval and is simply running on schedule. We can only hope that Obama is a lame-duck President!
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Post by AztecWilliam on Mar 25, 2012 11:13:01 GMT -8
We have vast petroleum and natural gas resources in this country, and that is not even counting the vast coal resources that are now considered too antediluvian even to consider using.
Someday, and I hope it is in my lifetime, the U.S. will see a vast reduction in the amount of fossil fuel we use every year. As I said, I hope to see that, but since I am a few months away from my (gasp!) 70th birthday, I am by no means confident that I will live long enough.
A sensible course of action would be to drill as many new oil wells as possible. Sure, it would take a few years (3-5?) to see full production, but so what? We will need vast amounts of fossil fuel for decades. The idea that, in some magical fashion, simply cutting back on oil production and/or raising the price of gasoline through the roof will cause a vast shift in our energy profile is sheer madness.
There is no source of energy on the horizon that will not need fossil fuel in some way or another. Correction. . . no practical source of energy. Electric cars would be great if they could run 200 miles per charge and could be recharged in a few minutes. And I mean a very few minutes. Unfortunately, years and years of research have not brought that goal any closer.
All this is fact, not fiction or oil industry propaganda. But we have an administration that is more interested in radical leftist ideology than practical solutions.
The current uptick in oil production in the U.S. is a result of actions taken before Obama became President or are taking place on private or state lands. And then there is the absurdity of Obama's restrictions on off-shore drilling on the one hand and on the other hand his trip to Brazil in '10 to praise the Brazilians for drilling offshore! ! ! Oh, yes, he then added insult to injury by telling his hosts that we would be great customers who would buy oil drilled offshore to replace the oil that we would have been drilling off our own shores had he not caved in to the environmental zealots. (Yes, I know that Jeb Bush did not want drilling off Florida's coasts. But Virginia does want such drilling. Think the Prez will agree to that?)
AzWm
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Post by aztec70 on Mar 28, 2012 19:12:19 GMT -8
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