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Thread: U.S. to Be World’s Top Oil Producer in 5 Years

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    Re: U.S. to Be World’s Top Oil Producer in 5 Years

    I don't believe a word of the NY Times article.

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    Re: U.S. to Be World’s Top Oil Producer in 5 Years

    Moderator's Warning:
    Trying to make your flames sound like a college dissertation doesn't make it any less of a flame. Get on topic, stop baiting and flaming, and stop trying to walk the borderline of what's allowed or action will be taken

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    Re: U.S. to Be World’s Top Oil Producer in 5 Years

    US refining capacity and output

    U.S. Number and Capacity of Petroleum Refineries

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    Re: U.S. to Be World’s Top Oil Producer in 5 Years

    Quote Originally Posted by roflpublican View Post
    jesus if it really takes 30 years we're screwed. but i cant imagine anything takes 30 years to build...i mean we can make aircraft carriers from scratch including nuclear reactors in 4 years. i cant believe it takes 30 to make an oil processing facility. do you have any sources for that figure? i'd be shocked if it was true
    I call bull on this. It only takes ten years to build a nuclear power facility and there is nothing with more red tape than buidling one of those.
    It may be that your sole purpose in life is simply to serve as a warning to others.

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    Re: U.S. to Be World’s Top Oil Producer in 5 Years

    Quote Originally Posted by joko104 View Post
    I don't believe a word of the NY Times article.
    No? How about your favorite site? Energy Boom Could Make U.S. Largest Oil Producer by 2020
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

    -- Adam Smith

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    Re: U.S. to Be World’s Top Oil Producer in 5 Years

    I posted this in another thread but it occurs to me that it might be relevant here as well:

    Just to be clear, shale oil and oil shale are emphatically NOT the same thing. Oil shale which you are talking about refers to the kerogen that is locked up in shale rock which if extracted can then be heated up to release crude oil among other things. Whereas shale oil is a byproduct of exploiting hydrofracking methods in shale deposits which releases light tight oil (LTO) that already exists in the shale but could not previously be accessed.

    In other words...

    Oil Shale=Kerogen in rock that can be heated up to produce oil.

    Shale Oil=Oil that is already present in shale and which innovative extraction methods like hydrofracking can release.

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    Re: U.S. to Be World’s Top Oil Producer in 5 Years

    Quote Originally Posted by DA60 View Post
    So a government limits who a company can sell it's products to - including those in other friendly countries - and that is not 'big government' to you?

    Well, it is to me.

    Or at least, too big for my tastes.
    I never said government would limit it. I said the company would limit its sales in return for a permit from the gov't. Or, we can just keep not getting the permits. Which do you prefer? Read my original post again bro. You obviously didn't read it thoroughly enough the first time.
    “Mr. Speaker, I once again find myself compelled to vote against the annual budget resolution for a very simple reason: it makes government bigger.” ― Ron Paul
    Timid men prefer the calm of despotism to the tempestuous sea of Liberty. – Thomas Jefferson

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    Re: U.S. to Be World’s Top Oil Producer in 5 Years

    Quote Originally Posted by MarineTpartier View Post
    I never said government would limit it. I said the company would limit its sales in return for a permit from the gov't. Or, we can just keep not getting the permits. Which do you prefer? Read my original post again bro. You obviously didn't read it thoroughly enough the first time.
    I read it 'thoroughly'. The lack of permits are a seperate matter.

    I just do not under any circumstances (except during a declared war) believe in the government limiting or dictating in ANY WAY who and/or how much a private company can sell it's product or service (assuming the product is not outlawed).

    And as someone that quotes Ron Paul, I assumed you would feel the same.

    Obviously not.


    You disagree - that is your right.

    But there is NO WAY you are changing my mind - so short of presenting new data, further debate is pointless, imo.


    Have a nice day.

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    Re: U.S. to Be World’s Top Oil Producer in 5 Years

    The evil plan is working. Use up everybody else's oil first then have them begging at our door after we got them hooked on oil.
    It may be that your sole purpose in life is simply to serve as a warning to others.

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    Re: U.S. to Be World’s Top Oil Producer in 5 Years

    Quote Originally Posted by DA60 View Post
    I read it 'thoroughly'. The lack of permits are a seperate matter.

    I just do not under any circumstances (except during a declared war) believe in the government limiting or dictating in ANY WAY who and/or how much a private company can sell it's product or service (assuming the product is not outlawed).

    And as someone that quotes Ron Paul, I assumed you would feel the same.

    Obviously not.


    You disagree - that is your right.

    But there is NO WAY you are changing my mind - so short of presenting new data, further debate is pointless, imo.


    Have a nice day.
    THE FRIGGIN PROGRAM I PROPOSED IS VOLUNTARY!!!!!!! How do you not get this man? It is a hypothetical situation where Oil Company A goes to the US Gov't and says, "Hey, if you grant us a permit, we'll only sell to US customers. There are no other stipulations. You cannot regulate us more or less. The permit is the same permit you've been giving out yearly. However, we realize that you are not giving out permits for NEW refineries so this is our attempt at persuading you to do so." Then one of two responses from the US gov't occurs. Response 1 is "Yes, we will grant you the permit." or Response 2 is "No, we will not grant you the permit." In the case of response 1, Oil Company A begins refining oil and selling it to the largest oil market in the world under their own volition. In the case of response 2, Oil Company A says, "Fine, screw you, I'll take my business elsewhere." and carries on with their day. At no point does the US Gov't mandate anything, regulate anything more than they already do, or make a private company do anything that they don't want to do. It is initiated by the PRIVATE company. It is carried out by the PRIVATE company. And at no point does the US Gov't step in and say "Hey, we own this now." I can't believe I even had to go into this much detail about a hypothetical proposal that everyone else in the thread seemed to understand but somehow you didn't. Now, I have a prediction. You will continue to argue this point, even though you will now realize that there is nothing big gov't about what I said. Why? Because like most users on this website you won't cede a point after you've been smarmy.
    “Mr. Speaker, I once again find myself compelled to vote against the annual budget resolution for a very simple reason: it makes government bigger.” ― Ron Paul
    Timid men prefer the calm of despotism to the tempestuous sea of Liberty. – Thomas Jefferson

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