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re: Percentage of U.S. oil produced by Gulf of Mexico?
Posted on 6/15/10 at 6:35 pm to Bowe Knows
Posted on 6/15/10 at 6:35 pm to Bowe Knows
The moratorium is on deep water drilling only.
It's only a slap in the face to the people who are too stupid to see that the ban is a good thing and will not significantly decrease oil production since there will still be other operating wells.
Just not in deep water.
Duh.
It's only a slap in the face to the people who are too stupid to see that the ban is a good thing and will not significantly decrease oil production since there will still be other operating wells.
Just not in deep water.
Duh.
5
Posted on 6/15/10 at 7:49 pm to tigerpurple84
The number I have heard is that deepwater drilling accounts for 40% of all production in the Gulf. So since we supply 33% of the nations oil and 40% of that is now off limits, where do you suggest they plan on making up the rest?
ANWAR?
Shallow water off Florida?
Not going to happen. Duh.
The article was written by a guy from Cal Berkley. Not exactly a friend of industry. He was simply pointing out the hypocracy.
ANWAR?
Shallow water off Florida?
Not going to happen. Duh.
The article was written by a guy from Cal Berkley. Not exactly a friend of industry. He was simply pointing out the hypocracy.
Posted on 6/15/10 at 7:52 pm to tigerpurple84
quote:
The moratorium is on deep water drilling only.
It's only a slap in the face to the people who are too stupid to see that the ban is a good thing and will not significantly decrease oil production since there will still be other operating wells.
Totally disagree. This is a slap in the face of EVERY O&G job in Louisiana. New regulations are not needed, just enforcement of existing laws and reg's. It's the same with immigration, finance reform, etc. The MMS was being run by HIS staff - yet continued to point to "years of failed policies". Total BS to blame it on the Bush Admin. Just another excuse for Big Government to control yet another aspect of our lives as we once knew. Government is corrupt, clean THAT up and you solve so many problems.
Posted on 6/16/10 at 1:54 am to tigerpurple84
quote:
The moratorium is on deep water drilling only.
Incorrect. It was thought by this originally, but when a shallow water well got a permit, the White House came down with the quickness and said ALL offshore drilling is banned for at least 6 months.
quote:
It's only a slap in the face to the people who are too stupid to see that the ban is a good thing and will not significantly decrease oil production since there will still be other operating wells.
The GOM production has been declining for years. Deepwater drilling was going to reverse that decline, and decrease our dependence on foreign oil thanks to the ungodly massive reservoirs that were being found that there....and where only getting bigger the further out they looked.
There is zero legitimate reason to think that the ban is a good thing. Especially with the shoot from the hip attitude that the administration is taking. If it would ONLY be for 6 months, it might not be a problem. But I promise you, they will throw in some regulations that serve zero purpose other than to place a de facto ban on deep water drilling...without actually having to deal with the negative publicity of banning it outright (for example, requiring the acoustic shutoff system...this is probably the likeliest way it will take place).
Posted on 6/16/10 at 5:50 am to tigerpurple84
quote:
will not significantly decrease oil production since there will still be other operating wells
orly? Where? ANWR? The East Coast? The Florida coast? California? Canadian Tar Sands? All blocked by the enviros.
You should apply for a job with BHO's DOE or public affairs team if you really believe that crap you just wrote. Do you think oil companies are chasing oil in 5000' of water, at a TREMENDOUS expense, because they would rather spend all that money instead of producing elsewhere? Wow.
Posted on 6/16/10 at 10:05 pm to tigerpurple84
quote:
The moratorium is on deep water drilling only.
so I 'm guessing you drive an electric car. OPEC is licking their chops right now.
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