Page 99 of 173 FirstFirst ... 4989979899100101109149 ... LastLast
Results 981 to 990 of 1728

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

  1. #981

  2. #982
    Banned
    Join Date
    Nov 2009
    Location
    melbourne florida
    Last Seen
    09-24-15 @ 12:15 AM
    Gender
    Lean
    Very Conservative
    Posts
    13,156

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

    Quote Originally Posted by UtahBill View Post
    Obama's speech sounds good, but electricity is a much smaller problem than oil. We have multiple ways to produce and conserve electricity, easily, compared to the oil issue.
    Transportation fuels remains the hard to solve problem, the one that keeps us attached to the Arab oil teat....
    We have a global food shortage and the US is taking away land by putting up wind turbines

  3. #983
    Banned
    Join Date
    Nov 2009
    Location
    melbourne florida
    Last Seen
    09-24-15 @ 12:15 AM
    Gender
    Lean
    Very Conservative
    Posts
    13,156

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

    Quote Originally Posted by UtahBill View Post
    we are drilling....between govt and the oil companies playing games, we aren't drilling enough, and even if we were, a lot of OUR oil is hard to reach, or hard to extract. We WILL PAY MORE for oil.
    What is a lot simpler, helps a lot, and is easily done with no new technology, is conserve.
    As long as we waste it, we deserve to pay more.
    No we are helping other countries and doing nothing here

    U.S. Gov't Agency Plans $2.84 Billion Loan for Oil Refinery

  4. #984
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

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

    US oil production revives despite offshore disruption

    By Ed Crooks in New York and Sheila McNulty in Houston

    Published: March 2 2011 23:00 | Last updated: March 2 2011 23:00


    "US oil production last year rose to its highest level in almost a decade, thanks to an increase in the use of “unconventional” extraction techniques .

    As a result, analysts believe the US was the largest contributor to the increase in global oil supplies last year over 2009, and is on track to increase domestic production by 25 per cent by the second half of the decade.

    The rise would still not be enough to end America’s dependence on imported oil, which accounted for roughly half of US demand in 2010.

    But it would reduce the country’s vulnerability to supply shocks and its trade deficit.

    According to the US government’s Energy Information Administration, domestic production of crude oil and related liquids rose 3 per cent last year to an average of 7.51m barrels a day – its highest level since 2002."
    FT.com / Companies / Oil & Gas - US oil production revives despite offshore disruption
    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

  5. #985
    Guru
    GPS_Flex's Avatar
    Join Date
    May 2005
    Location
    California
    Last Seen
    02-11-17 @ 11:58 PM
    Gender
    Lean
    Independent
    Posts
    2,719

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

    Quote Originally Posted by Catawba View Post
    US oil production revives despite offshore disruption

    By Ed Crooks in New York and Sheila McNulty in Houston

    Published: March 2 2011 23:00 | Last updated: March 2 2011 23:00


    "US oil production last year rose to its highest level in almost a decade, thanks to an increase in the use of “unconventional” extraction techniques .

    As a result, analysts believe the US was the largest contributor to the increase in global oil supplies last year over 2009, and is on track to increase domestic production by 25 per cent by the second half of the decade.

    The rise would still not be enough to end America’s dependence on imported oil, which accounted for roughly half of US demand in 2010.

    But it would reduce the country’s vulnerability to supply shocks and its trade deficit.

    According to the US government’s Energy Information Administration, domestic production of crude oil and related liquids rose 3 per cent last year to an average of 7.51m barrels a day – its highest level since 2002."
    FT.com / Companies / Oil & Gas - US oil production revives despite offshore disruption
    The problem is that these increases are due to the Bush Admin. and its slight loosening up of the choke hold our government has on US oil exploration and drilling. These increases happened in spite of Obama rather than to his credit.

    It takes 3-5 years from the time we loosen restrictions on oil companies to the time we see the oil hit the US market. If Obama cut all the oil companies loose to drill anywhere and everywhere, it would still take 3-5 years till we saw the benefits and then it would be another president in office taking credit for the increases in production.

    "Too often we enjoy the comfort of opinion without the discomfort of thought."
    John F. Kennedy
    Quote Originally Posted by Montecresto View Post
    It would seem that the constitution is just a god damn piece of paper, to be trotted out when expedient.

  6. #986
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

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

    Quote Originally Posted by GPS_Flex View Post
    The problem is that these increases are due to the Bush Admin. and its slight loosening up of the choke hold our government has on US oil exploration and drilling. These increases happened in spite of Obama rather than to his credit.

    It takes 3-5 years from the time we loosen restrictions on oil companies to the time we see the oil hit the US market. If Obama cut all the oil companies loose to drill anywhere and everywhere, it would still take 3-5 years till we saw the benefits and then it would be another president in office taking credit for the increases in production.
    LOL! Tell me specifically what bills Bush pushed through to increase production. The article clearly states it was mainly due to unconventional extraction techniques, but let's see what you can come up with to try to prove your claim.
    Last edited by Catawba; 04-19-11 at 03:11 AM.
    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

  7. #987
    Sage
    j-mac's Avatar
    Join Date
    Mar 2009
    Location
    South Carolina
    Last Seen
    Yesterday @ 10:45 PM
    Gender
    Lean
    Conservative
    Posts
    30,343

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

    Quote Originally Posted by UtahBill View Post
    It isn't NEWS to me, I know that the so-called alternatives for electricity are mere supplements....an alternative fuel for electric generation has to closely match the original fuel in capabilities.
    And what do we see that is able to transition to that now? Nothing! but I am sure we will burn up our food sources in order to make the eco nuts happy. Great plan.

    We have known for decades that NG is viable to replace diesel and gasoline, but where is the gas drilled and where are its customers? If we live in a major city that already has NG piped to it, all we have to do is modify the engine fuel management system a bit, and add a NG tank.
    Are you actually saying that we don't have the capability to transport, and store NG? I wonder how companies like Suburban Propane ever stayed in business all these years?

    When I first started driving truck, I drove for Schwann's home delivery. ALL of their trucks ran on Propane, and were fueled by tanks right on the yard filled as needed by the local Propane company. They had adequate power, and were easy to fill safely.

    We can't let just anybody fill their own tank, tho. Same as propane, gaseous fuels are too dangerous for grandma to fill her own tank.
    Nonsense. It could be done safely, and easily.

    We can run pipelines across country, one is being built now right thru northern Utah, but outside of pipes, NG must be compressed to become liquid NG, or LNG, and trucked, or shipped. Otherwise, the delivery expense is too high.
    Yeah, so? We have an entire infrastructure doing that right now with petroleum products.

    Once delivered to a "gas" station, it must be stored compressed which involves special tanks. Very expensive this new infrastructure is, says Yoda....
    Again, nonsense. I see a whole industry created providing good paying manufacturing jobs, building these tanks, Installing them, and servicing them...But yeah, you're right, its just too hard. Let's stick with the real unemployment rate around 20%. That is just great.

    What gas station has the room for these new tanks, not to mention the customers willing to trade in a high energy density fuel for a low energy density fuel?
    People could care less about densities, than they do about are they able to afford their lifestyles, and get back and forth to work, vacation, shopping without taking out a damned loan to fill the tank.

    Arizona did the ALTFUELS thing, cost the taxpayers half a billion, and most of the cars/trucks were modified to run on either gasoline or NG. OF course, gasoline stations are everywhere, NG stations are not, so where do they go? to the gasoline station....
    Can't speak for AZ, sounds like they torpedoed their study from the start.

    NG used for local trucking is the most obvious BEST USE for NG, and it would make a dent in our oil issie.
    I agree, long haul trucking would be a solid use as well.

    Long haul trucking will remain diesel for a long time.
    Not so fast there Bill. Here is a Canadian company that has been doing it for a year now....

    "10/28/2010 Going Green: Canadian Fleet Investing in Natural Gas
    By Jim Park, Equipment Editor

    What prompts a very successful and highly visible carrier to wade deeply into uncharted territory and invest millions in yet-to-be proven technology?

    "It's the right thing to do and the right time to do it," says Claude Robert, president of privately held Groupe Robert in Boucherville, Quebec.

    A good-sized company by American standards and the seventh largest motor carrier in Canada, Transport Robert intends to put 50 liquefied-natural-gas-powered trucks into service in the next 12 months, with plans to add at least 80 more by 2015. It will be the first genuine for-hire, long-haul natural-gas operation in North America, serving a 700-mile corridor between Windsor, Ontario, and Quebec City.

    Currently, no LNG fueling infrastructure exists in the area. Robert is working with a Montreal-based LNG distributor, Gaz Metro, to build refueling sites at company terminals in Boucherville, Quebec, just east of Montreal, and Mississauga, Ontario, a western suburb of Toronto. Eventually, Robert sees at least six sites between Halifax, N.S. and Windsor.

    "That would open the entire corridor from Atlantic Canada to the U.S. Midwest to LNG-powered trucks," he says. "If we could achieve harmonization across jurisdictions for investment tax credits, standards for refueling stations and procedures, and favorable fuel tax rates, we could reduce our reliance on diesel fuel a lot."

    Going Green: Canadian Fleet Investing in Natural Gas - Truckinginfo.com

    I am telling you, it is a cheaper way to transport goods, and greener as well. I think it may catch on.

    Long story short, I don't disagree that we should ramp up local drilling, just saying that it shouldn't be the only tool we use to fix what is broken in our transportation fuel issues. Conservation is a big tool that nobody wants to talk about.
    I agree, but Conservation is already being enforced at any trucking outfit you go to they are all on top of ways to increase fuel milage, and decrease idle times. Conservation is a marginal savings at best, and in most cases it is really no appreciable savings at all when factoring in the draw backs of scheduling and other considerations.

    We have to think bigger, and drill our own until we find what actually works.

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

    Alexis de Tocqueville

  8. #988
    Banned
    Join Date
    Nov 2009
    Location
    melbourne florida
    Last Seen
    09-24-15 @ 12:15 AM
    Gender
    Lean
    Very Conservative
    Posts
    13,156

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

    Quote Originally Posted by Catawba View Post
    LOL! Tell me specifically what bills Bush pushed through to increase production. The article clearly states it was mainly due to unconventional extraction techniques, but let's see what you can come up with to try to prove your claim.
    We could increase it more if Obama would let us drill and would loosen the process to build refineries

  9. #989
    Sage
    j-mac's Avatar
    Join Date
    Mar 2009
    Location
    South Carolina
    Last Seen
    Yesterday @ 10:45 PM
    Gender
    Lean
    Conservative
    Posts
    30,343

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

    Quote Originally Posted by Catawba View Post
    LOL! Tell me specifically what bills Bush pushed through to increase production. The article clearly states it was mainly due to unconventional extraction techniques, but let's see what you can come up with to try to prove your claim.
    Why is this about Bush? Isn't he, and hasn't he been out of the Presidency for over 2 years now? Or are you trying to say that policies that the Bush administration placed are hampering the Obama administration from opening up drilling? Either way your argument is vapid.

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

    Alexis de Tocqueville

  10. #990
    Sage
    UtahBill's Avatar
    Join Date
    Sep 2005
    Location
    Utah
    Last Seen
    12-03-17 @ 01:39 AM
    Gender
    Lean
    Moderate
    Posts
    17,687

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

    Quote Originally Posted by j-mac View Post
    And what do we see that is able to transition to that now? Nothing! but I am sure we will burn up our food sources in order to make the eco nuts happy. Great plan.



    Are you actually saying that we don't have the capability to transport, and store NG? I wonder how companies like Suburban Propane ever stayed in business all these years?

    When I first started driving truck, I drove for Schwann's home delivery. ALL of their trucks ran on Propane, and were fueled by tanks right on the yard filled as needed by the local Propane company. They had adequate power, and were easy to fill safely.



    Nonsense. It could be done safely, and easily.



    Yeah, so? We have an entire infrastructure doing that right now with petroleum products.



    Again, nonsense. I see a whole industry created providing good paying manufacturing jobs, building these tanks, Installing them, and servicing them...But yeah, you're right, its just too hard. Let's stick with the real unemployment rate around 20%. That is just great.



    People could care less about densities, than they do about are they able to afford their lifestyles, and get back and forth to work, vacation, shopping without taking out a damned loan to fill the tank.



    Can't speak for AZ, sounds like they torpedoed their study from the start.



    I agree, long haul trucking would be a solid use as well.



    Not so fast there Bill. Here is a Canadian company that has been doing it for a year now....

    "10/28/2010 Going Green: Canadian Fleet Investing in Natural Gas
    By Jim Park, Equipment Editor

    What prompts a very successful and highly visible carrier to wade deeply into uncharted territory and invest millions in yet-to-be proven technology?

    "It's the right thing to do and the right time to do it," says Claude Robert, president of privately held Groupe Robert in Boucherville, Quebec.

    A good-sized company by American standards and the seventh largest motor carrier in Canada, Transport Robert intends to put 50 liquefied-natural-gas-powered trucks into service in the next 12 months, with plans to add at least 80 more by 2015. It will be the first genuine for-hire, long-haul natural-gas operation in North America, serving a 700-mile corridor between Windsor, Ontario, and Quebec City.

    Currently, no LNG fueling infrastructure exists in the area. Robert is working with a Montreal-based LNG distributor, Gaz Metro, to build refueling sites at company terminals in Boucherville, Quebec, just east of Montreal, and Mississauga, Ontario, a western suburb of Toronto. Eventually, Robert sees at least six sites between Halifax, N.S. and Windsor.

    "That would open the entire corridor from Atlantic Canada to the U.S. Midwest to LNG-powered trucks," he says. "If we could achieve harmonization across jurisdictions for investment tax credits, standards for refueling stations and procedures, and favorable fuel tax rates, we could reduce our reliance on diesel fuel a lot."

    Going Green: Canadian Fleet Investing in Natural Gas - Truckinginfo.com

    I am telling you, it is a cheaper way to transport goods, and greener as well. I think it may catch on.



    I agree, but Conservation is already being enforced at any trucking outfit you go to they are all on top of ways to increase fuel milage, and decrease idle times. Conservation is a marginal savings at best, and in most cases it is really no appreciable savings at all when factoring in the draw backs of scheduling and other considerations.

    We have to think bigger, and drill our own until we find what actually works.

    j-mac
    Do you think I am an econut? or anti NG? Just because I outline some of the bigger issues involved?
    currently there are no stations that allow customers to fill their own propane tanks. Why do you think that is?

    NG is still not an alternative, but a supplement. Diesel will remain the primary long haul fuel for trucks and trains.
    NG is not limitless, and we don't own all of it. Doesn't matter if we import oil, or gas, or both, none of it will be CHEAP.
    Oracle of Utah
    Truth rings hollow in empty heads.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •