Page 3 of 5 FirstFirst 12345 LastLast
Results 21 to 30 of 44

Thread: U.S. Passes Saudis In Oil Output, No Thanks To White House

  1. #21
    Pontificator
    iliveonramen's Avatar
    Join Date
    Sep 2011
    Location
    On a Gravy Train with Biscuit Wheels
    Last Seen
    Today @ 03:18 PM
    Gender
    Lean
    Very Liberal
    Posts
    9,184

    Re: U.S. Passes Saudis In Oil Output, No Thanks To White House

    Quote Originally Posted by MMC View Post
    Does Obama Deserve Credit for Increased Oil Production? Hint: No.

    But, then the President also turned around and threw out a bunch of impressive statistics about how domestic oil production has only gone up during his administration, there are a record number of oil rigs operating now, etcetera. ...Anyone? Anyone?

    As White House spokesman Jay Carney said this week "Oil and gas production in the United States has risen every year since the president's been in office. Oil production is now higher than it's been in eight years."

    Industry analysts say production is rising -- not because of President Obama, but in spite of him.

    "Today on federal land, the area where the president has control, production in the Gulf of Mexico is down 30 percent. Lease sales in Rocky Mountains on federal lands are down 70 percent," Jack Gerard, head of the American Petroleum Institute said.

    He says the president has put 85 percent of the outer continental shelf off limits and overall, is only making 3 percent of the areas under his control available for development.

    So, the Obama/White House All-Purpose Strategy Numero Uno goes something like: blame the Bush administration's policies for everything from the terrible economy to the dragging war in Afghanistan, but gloss over and take credit for the long-term effects of the Bush administration's policies when it helps Obama to quell voters unhappy with rising gas prices. Got it.

    And now, for your listening pleasure, here's Dennis Prager absolutely stomping on Obama's 'algae' energy policy. Brilliant:

    Does Obama Deserve Credit for Increased Oil Production? Hint: No. - Erika Johnsen

    Oil Production on federal lands has been dropping since 2002. That's a long term trend.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

  2. #22
    Filmmaker Lawyer Patriot
    Harshaw's Avatar
    Join Date
    Oct 2005
    Last Seen
    Today @ 03:12 PM
    Lean
    Libertarian - Right
    Posts
    29,566

    Re: U.S. Passes Saudis In Oil Output, No Thanks To White House

    Quote Originally Posted by MMC View Post
    I was just pointing out such wasn't coming from Team Obama.
    Well, yeah; production being up does not in and of itself refute what I said..
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

  3. #23
    Banned
    Join Date
    Feb 2012
    Location
    Chicago Illinois
    Last Seen
    10-14-15 @ 09:28 AM
    Gender
    Lean
    Private
    Posts
    56,981

    Re: U.S. Passes Saudis In Oil Output, No Thanks To White House

    Quote Originally Posted by Harshaw View Post
    Yeah, and the chances near 100% that Somerville is in favor of his doing all of this.
    Also there was this.

    Obama's War on Domestic Oil Production.

    This week the Department of Interior (DOI) sold its first oil lease in the Gulf of Mexico in over a year. Withholding drilling permits and cancelling leases, the Obama Administration has made what was once routine nearly impossible.

    Upon assuming office, President Obama cancelled 31 oil and gas lease sales, delaying thousands of jobs and billions in economic activity. Not letting any crisis go to waste, the Department of Interior imposed a six month drilling moratorium on the Gulf following the Macondo disaster.

    The Obama Administration’s recent offshore drilling plan codifies the White House’s anti-energy, anti-jobs position. The Obama 2012-2017 draft drilling plan closes a majority of the Outer Continental Shelf (OCS) to new energy production. In fact, less than 3 percent of America’s OCS will be available for development.

    While the moratorium technically ended, only a handful of permits have been issued earning this era the nomenclature, “permatorium.” Compared to pre-moratorium levels, almost twice as many exploration and development plans are stuck at DOI. Approval of plans has decreased by 86 percent explaining why the median number of days for approving an exploration plan has increased from 36 to 131 days. Most telling, revenue from offshore lease sales dropped from $9.5 billion in 2008 to $36 million in 2011.

    DOI Secretary Ken Salazar told Politico that “total U.S. crude oil production was higher in 2010 than in any year since 2003. The Obama administration continues to take meaningful steps to grow America’s domestic energy economy and secure our energy future.” While technically accurate, the increase in total U.S. production can be completely attributed to increased production on state and private lands, like development of North Dakota’s Bakken formation.

    Production on federal lands, territory under Salazar’s purview, has been decreasing since Obama was sworn in. The fact that America’s oil output has increased is a testament to oil and natural gas companies revolutionary extracting techniques—like hydraulic fracturing—and has nothing to do with the federal government.

    Adding insult to injury, foreign countries from all over the world are drilling near our coasts. Canada is drilling near Maine, Russia near Alaska, and Mexico is busy developing its vast reserves. Cuba is now soliciting help to drill within its waters, a mere 60 miles away from Florida. The position of this Administration is pro-drilling, as long as the oil wells being developed are in foreign waters. President Obama laid out this policy when speaking in Brazil, “We want to work with you. We want to help with 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.”

    President Obama’s refusal to embrace domestic drilling from American companies has exacerbated our economic downturn. Simply allowing U.S. companies to develop natural resources currently prohibited by the federal government would have huge economic and geopolitical benefits. A million jobs would be created over the next ten years—literally. Drilling projects are enormously expensive, labor intensive projects that cost billions to undertake. These new wells would nearly double our domestic oil output adding another 4 million barrels to our daily production. And lastly, the government would receive around $127 billion in additional revenue, all according to a Wood Mackenzie study.

    http://townhall.com/columnists/chris...ion/page/full/
    Last edited by MMC; 04-08-13 at 12:52 PM.

  4. #24
    Banned
    Join Date
    Feb 2012
    Location
    Chicago Illinois
    Last Seen
    10-14-15 @ 09:28 AM
    Gender
    Lean
    Private
    Posts
    56,981

    Re: U.S. Passes Saudis In Oil Output, No Thanks To White House

    Quote Originally Posted by Harshaw View Post
    Well, yeah; production being up does not in and of itself refute what I said..
    Yeah, I know I was refuting what he had said about production going up under Obama. I was pointing out that Obama didn't have anything to do with it, other than he is hurting business and jobs. What Bush started he can't take the credit for and then just blame Bush for the rest.

  5. #25
    Filmmaker Lawyer Patriot
    Harshaw's Avatar
    Join Date
    Oct 2005
    Last Seen
    Today @ 03:12 PM
    Lean
    Libertarian - Right
    Posts
    29,566

    Re: U.S. Passes Saudis In Oil Output, No Thanks To White House

    Quote Originally Posted by MMC View Post
    Also there was this.

    Obama's War on Domestic Oil Production.

    This week the Department of Interior (DOI) sold its first oil lease in the Gulf of Mexico in over a year. Withholding drilling permits and cancelling leases, the Obama Administration has made what was once routine nearly impossible.

    Upon assuming office, President Obama cancelled 31 oil and gas lease sales, delaying thousands of jobs and billions in economic activity. Not letting any crisis go to waste, the Department of Interior imposed a six month drilling moratorium on the Gulf following the Macondo disaster.

    The Obama Administration’s recent offshore drilling plan codifies the White House’s anti-energy, anti-jobs position. The Obama 2012-2017 draft drilling plan closes a majority of the Outer Continental Shelf (OCS) to new energy production. In fact, less than 3 percent of America’s OCS will be available for development.

    While the moratorium technically ended, only a handful of permits have been issued earning this era the nomenclature, “permatorium.” Compared to pre-moratorium levels, almost twice as many exploration and development plans are stuck at DOI. Approval of plans has decreased by 86 percent explaining why the median number of days for approving an exploration plan has increased from 36 to 131 days. Most telling, revenue from offshore lease sales dropped from $9.5 billion in 2008 to $36 million in 2011.

    DOI Secretary Ken Salazar told Politico that “total U.S. crude oil production was higher in 2010 than in any year since 2003. The Obama administration continues to take meaningful steps to grow America’s domestic energy economy and secure our energy future.” While technically accurate, the increase in total U.S. production can be completely attributed to increased production on state and private lands, like development of North Dakota’s Bakken formation.

    Production on federal lands, territory under Salazar’s purview, has been decreasing since Obama was sworn in. The fact that America’s oil output has increased is a testament to oil and natural gas companies revolutionary extracting techniques—like hydraulic fracturing—and has nothing to do with the federal government.

    Adding insult to injury, foreign countries from all over the world are drilling near our coasts. Canada is drilling near Maine, Russia near Alaska, and Mexico is busy developing its vast reserves. Cuba is now soliciting help to drill within its waters, a mere 60 miles away from Florida. The position of this Administration is pro-drilling, as long as the oil wells being developed are in foreign waters. President Obama laid out this policy when speaking in Brazil, “We want to work with you. We want to help with 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.”

    President Obama’s refusal to embrace domestic drilling from American companies has exacerbated our economic downturn. Simply allowing U.S. companies to develop natural resources currently prohibited by the federal government would have huge economic and geopolitical benefits. A million jobs would be created over the next ten years—literally. Drilling projects are enormously expensive, labor intensive projects that cost billions to undertake. These new wells would nearly double our domestic oil output adding another 4 million barrels to our daily production. And lastly, the government would receive around $127 billion in additional revenue, all according to a Wood Mackenzie study.
    Yeah. Also stuff those saying he's not hostile to oil most likely favor.
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

  6. #26
    Filmmaker Lawyer Patriot
    Harshaw's Avatar
    Join Date
    Oct 2005
    Last Seen
    Today @ 03:12 PM
    Lean
    Libertarian - Right
    Posts
    29,566

    Re: U.S. Passes Saudis In Oil Output, No Thanks To White House

    Quote Originally Posted by MMC View Post
    Yeah, I know I was refuting what he had said about production going up under Obama. I was pointing out that Obama didn't have anything to do with it, other than he is hurting business and jobs. What Bush started he can't take the credit for and then just blame Bush for the rest.
    Understood.
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

  7. #27
    Guru
    soot's Avatar
    Join Date
    Apr 2013
    Last Seen
    04-25-17 @ 03:28 PM
    Gender
    Lean
    Independent
    Posts
    4,308

    Re: U.S. Passes Saudis In Oil Output, No Thanks To White House

    Quote Originally Posted by Somerville View Post
    If the present Administration is so "hostile" to oil production - why has oil production increased since Obama was inaugurated in Jan 2009?
    Because of persistently high oil and gas prices during the latter part of the last decade, which led to record investments by oil and gas companies into the development of new projects on private land, primarially in Texas and North Dakota.

  8. #28
    Sage
    Somerville's Avatar
    Join Date
    Apr 2012
    Location
    On an island. Not that one!
    Last Seen
    Yesterday @ 11:52 PM
    Lean
    Socialist
    Posts
    9,812

    Re: U.S. Passes Saudis In Oil Output, No Thanks To White House

    Hatred of the President does cause some folks to believe anything negative and to disavow any positive news

    Gulf of Mexico oil production forecast to reach record high - Offshore


    Don't know history either

    from 2008
    Congressional Moratorium on Offshore Drilling in the OuterContinental Shelf Should Be Allowed to Expire

    In 1990, President George H.W. Bush issued a presidential directive withdrawing new areas from offshore exploration and drilling. These White House restrictions overlapped the congressional ones. In 1998, President Clinton extended these restrictions through 2012. For his first seven years in office, the current President (that would have been George W.) had not seen fit to lift them. Skyrocketing gasoline prices changed that, and last month President George W. Bush eliminated the executive branch restrictions and urged Congress to do the same. The ball is now in Congress's court.
    The President simply continued the policies of past Administrations. When attacking Obama for limiting offshore drilling, one should note that certain Republican governors didn't want offshore drilling along their coastlines for fear of another Deepwater Horizon event destroying tourism.

    Estimates for the off limits areas are in the 17 to 19 billion barrels range, while the Gulf of Mexico alone has over 80 billion barrels available using present technology.
    “And I have no doubt that every new example will succeed, as every past one has done, in shewing that religion & Govt will both exist in greater purity, the less they are mixed together.”
    ~ James Madison, letter to Edward Livingston, July 10, 1822

  9. #29
    Banned
    Join Date
    Feb 2012
    Location
    Chicago Illinois
    Last Seen
    10-14-15 @ 09:28 AM
    Gender
    Lean
    Private
    Posts
    56,981

    Re: U.S. Passes Saudis In Oil Output, No Thanks To White House

    Quote Originally Posted by soot View Post
    Because of persistently high oil and gas prices during the latter part of the last decade, which led to record investments by oil and gas companies into the development of new projects on private land, primarially in Texas and North Dakota.
    While technically accurate, the increase in total U.S. production can be completely attributed to increased production on state and private lands, like development of North Dakota’s Bakken formation....snip~



  10. #30
    Filmmaker Lawyer Patriot
    Harshaw's Avatar
    Join Date
    Oct 2005
    Last Seen
    Today @ 03:12 PM
    Lean
    Libertarian - Right
    Posts
    29,566

    Re: U.S. Passes Saudis In Oil Output, No Thanks To White House

    Quote Originally Posted by Somerville View Post
    Hatred of the President does cause some folks to believe anything negative and to disavow any positive news

    Gulf of Mexico oil production forecast to reach record high - Offshore


    Don't know history either

    from 2008


    The President simply continued the policies of past Administrations. When attacking Obama for limiting offshore drilling, one should note that certain Republican governors didn't want offshore drilling along their coastlines for fear of another Deepwater Horizon event destroying tourism.

    Estimates for the off limits areas are in the 17 to 19 billion barrels range, while the Gulf of Mexico alone has over 80 billion barrels available using present technology.
    Yeah, you just keep doing what I said you're doing.
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

Page 3 of 5 FirstFirst 12345 LastLast

Posting Permissions

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