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> Inconvenient Truth: We Need Oil
jan
post Feb 10 2011, 04:00 AM
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New drilling method opens vast oil fields in US
Associated Press
by Jonathan Fahey & James MacPherson

A new drilling technique is opening up vast fields of previously out-of-reach oil in the western United States, helping reverse a two-decade decline in domestic production of crude.

Companies are investing billions of dollars to get at oil deposits scattered across North Dakota, Colorado, Texas and California. By 2015, oil executives and analysts say, the new fields could yield as much as 2 million barrels of oil a day — more than the entire Gulf of Mexico produces now.

This new drilling is expected to raise U.S. production by at least 20 percent over the next five years. And within 10 years, it could help reduce oil imports by more than half, advancing a goal that has long eluded policymakers. >>>

Within five years, analysts and executives predict, the newly unlocked fields are expected to produce 1 million to 2 million barrels of oil per day, enough to boost U.S. production 20 percent to 40 percent. >>>

"We have redefined how to look for oil and gas," says Rehan Rashid, an analyst at FBR Capital Markets. "The implications are major for the nation."

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The Gaia priesthood isn't going to like this. Those new EPA greenhouse gas regulations will soon put a stop to this heresy ...


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jan
post Feb 28 2011, 01:19 PM
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Crude Oil and Total Petroleum Imports Top 15 Countries

December 2010 Import Highlights: Released February 25, 2011

Monthly data on the origins of crude oil imports in December 2010 has been released and it shows that four countries exported more than 1,000 thousand barrels per day to the United States (see table below). The top five exporting countries accounted for 72 percent of United States crude oil imports in December while the top ten sources accounted for approximately 88 percent of all U.S. crude oil imports.

The top five sources of US crude oil imports for December were Canada (2,064 thousand barrels per day), Mexico (1,223 thousand barrels per day), Saudi Arabia (1,076 thousand barrels per day), Nigeria (1,024 thousand barrels per day), and Venezuela (825 thousand barrels per day).

The rest of the top ten sources, in order, were Iraq (336 thousand barrels per day), Angola (307 thousand barrels per day), Brazil (271 thousand barrels per day), Algeria (262 thousand barrels per day), and Colombia (220 thousand barrels per day). Total crude oil imports averaged 8,631 thousand barrels per day in December, which is an increase of 23 thousand barrels per day from November 2010.

Canada remained the largest exporter of total petroleum in December, exporting 2,713 thousand barrels per day to the United States, which is an increase from last month (2,510 thousand barrels per day). The second largest exporter of total petroleum was Mexico with 1,365 thousand barrels per day.

Crude Oil Imports (Top 15 Countries)

CANADA
MEXICO
SAUDI ARABIA
NIGERIA
VENEZUELA
IRAQ
ANGOLA
BRAZIL
ALGERIA
COLOMBIA
ECUADOR
RUSSIA
KUWAIT
UNITED KINGDOM
ARGENTINA

SOURCE


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jan
post Mar 22 2011, 03:45 AM
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19,000 Jobs Worth $1.1 Billion in Wages Lost Nationally Since Offshore Drilling Moratorium Imposed
Cybercast News Service
by Christopher Goins

At least 13,000 jobs have been lost since last summer’s moratorium on offshore oil production, surpassing projected job losses in a 2010 study by thousands, according to the Louisiana State University professor who authored the study. >>>

Mason also estimated the national job losses to have increased from 12,000 to 19,000; regional wage losses to be $800 million, up from $500 million; national wage losses to be $1.1 billion, up from $700 million; lost tax revenues on the state and local level to be $155 million, up from $100 million; and lost tax revenues on the national level to be $350 million, up from $200 million.

Mason testified before the House Committee on Energy and Commerce, Subcommittee on Energy and Power last Thursday.

In his written statement at the House hearing, he wrote: “Each day, more exploration and development activity in the Gulf is lost. The lost output will not be regained and the lost wages cannot be spent.” >>>

A recent Gallup poll shows that six in 10 Americans favor increasing offshore drilling for oil and gas in U.S. Coastal areas, which is up 50 percent from May 2010. The same poll says 49 percent of Americans are now in favor of opening Alaska’s Arctic National Wildlife Refuge for Oil exploration, up from 43 percent in 2008.

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Did y'all notice that Obama gave Petrobras the right to drill in the Gulf? US drillers can't get a permit, but Petrobras can?

We now must purchase oil from Petrobras so that Soros can make billions more to donate to the Dems and Obama in 2012.


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xavierx
post Mar 23 2011, 01:51 AM
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http://townhall.com/tipsheet/katiepavlich/..._drill_offshore!
QUOTE
While the President refuses to lift a 7-year ban on offshore drilling here in the United States, continues to demonize the oil and gas industries, as energy prices continue to rise and as unemployment still hovers around 9 percent, Obama told a group of Brazilian businessmen at a CEO Summit during his trip to South America over the weekend they should begin drilling in their offshore oil reserves so the United States can be a paying customer in the future, adding that the United States would help them do it.

QUOTE
“We want to help you with the technology and support to develop these oil reserves safely. And when you’re ready to start selling, we want to be one of your best customers. At a time when we’ve been reminded how easily instability in other parts of the world can affect the price of oil, the United States could not be happier with the potential for a new, stable source of energy.”



Really?!

Yep, as part of the White House U.S.-Brazil Strategic Energy Dialogue, Brazilian President Dilma Rousseff and President Obama have developed the Strategic Energy Dialogue, a plan that helps Brazil develop the country's offshore oil reserves.

QUOTE
The two Presidents also discussed intensified sharing of best practices with respect to the safe and environmentally benign exploitation of offshore oil and gas resources. Brazilian officials will meet with representatives of the U.S. Department of the Interior within two weeks to advance the dialogue on safe offshore oil and gas development. The United States and Brazil will hold workshops on deepwater production technologies and environmental management, the first planned for early October in Rio de Janeiro.



Not only is President Obama going against those in his base who believe offshore drilling is bad for the environment and that the burning of oil contributes to global warming, Obama is blatantly supporting the economic growth of another country while purposely hindering the economic growth of the American economy.
...

You know, I generally ignore people who claim Obama is trying to ruin the country. I think he's wrong on most things, but up until now thought he was just wrong, not actively trying to sabotage us. But when you see things like this, it's hard not to think it's intentional.


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jan
post Mar 23 2011, 06:40 AM
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QUOTE(xavierx @ Mar 22 2011, 09:51 PM) *
But when you see things like this, it's hard not to think it's intentional.


Welcome to my reality brother.


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jan
post Mar 25 2012, 03:19 PM
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Obama's giveaway: Oil-rich islands to Russia
Joe Miller sounds alarm over deal to put land in hands of Putin's Kremlin

The Obama administration, despite the nation’s economic woes, effectively killed the job-producing Keystone Pipeline last month. The Arab Spring is turning the oil production of Libya and other Arab nations over to the Muslim Brotherhood. Iraq is distancing itself from the U.S. And everyone recognizes that Iran, whose crude supplies are critical to the European economy, will do anything it can to frustrate America’s strategic interests. In the face of all of this, Obama insists on cutting back U.S. oil potential with outrageous restrictions.

Part of Obama’s apparent war against U.S. energy independence includes a foreign-aid program that directly threatens my state’s sovereign territory. Obama’s State Department is giving away seven strategic, resource-laden Alaskan islands to the Russians. Yes, to the Putin regime in the Kremlin.

The seven endangered islands in the Arctic Ocean and Bering Sea include one the size of Rhode Island and Delaware combined. The Russians are also to get the tens of thousands of square miles of oil-rich seabeds surrounding the islands. The Department of Interior estimates billions of barrels of oil are at stake. >>>

The agreement was negotiated in total secrecy. The state of Alaska was not allowed to participate in the negotiations, nor was the public given any opportunity for comment. This is despite the fact the Alaska Legislature has passed resolutions of opposition >>>

State Department Watch, an organization that assisted with this article, has confronted each administration and is currently confronting the Obama administration — and has been met by silence. I’m hoping this piece will help reinvigorate efforts to stop this handover.

SOURCE

Joe Miller was the 2010 Republican nominee for the U.S. Senate from Alaska. He is a West Point graduate and decorated combat veteran from the first Gulf War. A former judge, Joe graduated from Yale Law School and was later awarded an advanced economics degree from the University of Alaska. He is presently chairman of Restoring Liberty Alaska PAC and Restoring Liberty Action Committee.


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