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Thread: Oil rises above $90 amid US crude supply drop

  1. #431
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Catawba View Post
    No it is the USGS that determined that "North Dakota and Montana have an estimated 3.0 to 4.3 Billion barrels of undiscovered, technically recoverable oil."

    Technically recoverable has nothing to do with permits and red tape. It is already being pumped, but as been noted is only producing "less than a half million barrels per day." While "the US currently imports on an average of about 10 million barrels of oil per day."

    Government should get out of the way and issue the permits. They are being artificially restricted from producing more than that.

    Tell me what, or when do you think Obama will reopen the Gulf and restore the jobs he destroyed there?


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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Gill View Post
    You do enjoy cherry picking don't you. Be careful though, cherries will give you a stomach ache if you keep eating so many.....

    Now, here's the REAL part of the link:
    No where in there is my point disputed, that "U.S.crude production peaked in 1970 at 9.6 million barrels per day."
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by j-mac View Post
    Government should get out of the way and issue the permits. They are being artificially restricted from producing more than that.

    Tell me what, or when do you think Obama will reopen the Gulf and restore the jobs he destroyed there?


    j-mac
    They have issued permits, it is not as easy to get at as oil has been in the past, and the Gulf has been reopened to drilling. You are just going to have to wrap your head around the fact that the days of cheap gas are gone. Its only going to get more expensive from here on out, unless massive conservation practices are utilized.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Catawba View Post
    No where in there is my point disputed, that "U.S.crude production peaked in 1970 at 9.6 million barrels per day."
    That was a very poor attempt to change the subject. We were discussing U.S. probable oil reserves, NOT peak oil.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Catawba View Post
    They have issued permits, it is not as easy to get at as oil has been in the past, and the Gulf has been reopened to drilling. You are just going to have to wrap your head around the fact that the days of cheap gas are gone. Its only going to get more expensive from here on out, unless massive conservation practices are utilized.
    Ahhh, so it's a choice between conserving gas or massive price hikes on all food and other goods necessary to sustain life ??? Gotcha.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Catawba View Post
    They have issued permits, it is not as easy to get at as oil has been in the past
    No they haven't, prove it.

    and the Gulf has been reopened to drilling.
    The pace at which regulators grant drilling permits in water less than 500 feet deep has slowed sharply this summer, an Associated Press analysis of government data shows. Just four out of 10 shallow-water drilling applications have been approved from June through August; 15 applications were sought and approved in the same period last year.

    New Rules Slow Gulf Drilling in Shallow Water | CNSnews.com
    But no new permits for wells covered under the ban have been issued, according to a spokeswoman for the Interior Department's Bureau of Ocean Energy Management Regulation and Enforcement.

    Offshore drilling still on hold - Nov. 12, 2010

    This is such BS....If you libs don't know what you are talking about then just don't post anymore.

    You are just going to have to wrap your head around the fact that the days of cheap gas are gone. Its only going to get more expensive from here on out, unless massive conservation practices are utilized.
    Spoken like a true authoritarian....Tell you what....Why don't you wrap your head around this...The lies you have been perpetrating on the American people no longer are bought. And a new day is coming friend where we get our say and start drilling again. All this hand wringing over the North American polkadotted snail darter are over!


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    Re: Oil rises above $90 amid US crude supply drop

    "WASHINGTON — The Interior Department said Monday that it had approved the first new deepwater drilling permit in the Gulf of Mexico since the BP explosion and spill last spring, a milestone after a period of intense uncertainty for industry and a wholesale remaking of the nation’s system of offshore oil and gas regulation."

    http://www.nytimes.com/2011/03/01/bu...t/01drill.html
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by j-mac View Post
    No they haven't, prove it.








    This is such BS....If you libs don't know what you are talking about then just don't post anymore.



    Spoken like a true authoritarian....Tell you what....Why don't you wrap your head around this...The lies you have been perpetrating on the American people no longer are bought. And a new day is coming friend where we get our say and start drilling again. All this hand wringing over the North American polkadotted snail darter are over!


    j-mac

    yeah.......florida politicians of all stripes don't want drilling here. funny thing, though, our governor doesn't want high speed rail, i guess he would rather we be dependent upon our cars.........and big oil. go figure.
    Last edited by liblady; 03-07-11 at 04:29 PM.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Catawba View Post
    "WASHINGTON — The Interior Department said Monday that it had approved the first new deepwater drilling permit in the Gulf of Mexico since the BP explosion and spill last spring, a milestone after a period of intense uncertainty for industry and a wholesale remaking of the nation’s system of offshore oil and gas regulation."

    http://www.nytimes.com/2011/03/01/bu...t/01drill.html

    One new permit....Well **** man, stop the press, crack open that bottle of champaign and let the good times roll.....I am sure the platform will be crowded with the thousands of oil rig workers Obama put out of a job....Hell call them up and tell them that good times are here, a permit was issued.....

    What a joke.


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by j-mac View Post
    No they haven't, prove it.
    I already have here. As of last month, "that region was yielding less than a half million barrels per day."
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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