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re: 70% of Americans are in favor of increasing US Oil & Gas Production
Posted on 3/7/22 at 8:23 pm to WeeWee
Posted on 3/7/22 at 8:23 pm to WeeWee
quote:
Sooner or later the Biden administration has to see the light right?
They are doing exactly what they want, killing America in every way possible so that she could never recover.
Posted on 3/7/22 at 8:53 pm to LSUbest
fossil fuels have been forced upon us,thousands of patents have been withheld in the name of nat.sec. internal combustion engines can run on water, h2 salt water and frequency,other energies elecromagnetic,tesla wireless anti gravity if we have free or cheap energy nobody makes a ton of money on it, if this happens many of us in s. LA and TX will be looking for new careers
Posted on 3/7/22 at 9:47 pm to Big Scrub TX
quote:
Drop in the bucket? Federal lands account for almost 25% of US oil and gas production. How is increasing production from 25% of the available drilling areas a drop in the bucket? Especially since those areas are not exhausted. Nope. 9%
Hey libtard, per your link federal onshore leases account for 9%. You are forgetting about offshore oil and gas production. When you add in offshore leases it increases to a little over 24%.
quote:
Nope. 200K
quote:
About 8% of U.S. imports of oil and refined products, or about 672,000 barrels a day, came from Russia last year, said Andy Lipow, president of Lipow Oil Associates LLC in Houston, citing figures from the Energy Informa-tion Administration. Of that, Russia’s crude made up roughly 3% of the nation’s imports, about 200,000 barrels a day.
200,000 barrels of crude per day but over 600,000 barrels when you add in refined oil products like gasoline and diesel.
quote:
Keystone already exists and is already doing 6-700K per day. If the blocked addition could be completed, that could take it up to just over 800K.
quote:
The Keystone XL Pipeline Project (Phase IV) revised proposal in 2012 consists of a new 36-inch (910 mm) pipeline from Hardisty, Alberta, through Montana and South Dakota to Steele City, Nebraska, to "transport of up to 830,000 barrels per day (132,000 m3/d) of crude oil from the Western Canadian Sedimentary Basin in Alberta, Canada, and from the Williston Basin (Bakken) region in Montana and North Dakota, primarily to refineries in the Gulf Coast area".
Wrong again libtard. The 4th phase of the Keystone pipeline could carry 800,000 barrels of oil per day. That is in addition to the existing pipeline which carries 700,000 or so per day.
quote:
Sure. Still not that much oil.
160,000 barrels per day is a lot of oil. Even if your numbers are correct (they are incorrect btw) the extra capacity from the Keystone XL pipeline and this project would give the USA an additional 260,000 barrels of North American crude to replace the 200,000 barrels of Russian crude oil that we still import. That would allow the USA to further hurt Russia financially without hurting Americans.
However, your numbers are wrong so the impact would be larger than just eliminating Russian crude oil imports.
quote:
Here is one example. Reinstate this Trump era banking rule which Biden nixxed last year. Trump era - as in the last 2 days of his administration.
Reinstate the rule and let banks lend to who they want to.
quote:
if we're OK telling banks who they can and can't lend to, I'm all for it.
The government has not been telling banks who they can lend to but they have been providing incentives to banks to finance certain companies or projects for decades. The government has also been telling banks who they can’t lend to for decades. Heck a giant part of the sanctions against Russia are a list of companies and individuals that are blocked from the American and European banking systems.
You asked for examples of things that the administration could do differently and I gave you just a few examples. Now quit trying to nitpick because your panties are in a wad because your corrupt and weak President is taking advice from people too stupid to realize that they are wrong.
Posted on 3/8/22 at 5:36 pm to bama1959
quote:
You realize almost all of those leases are worthless
That is 9000 DRILLING PERMITS. Not leases. Once a leaseholder, operator, or designated agent identifies an oil and gas deposit on a Federal lease, they can file an application for permit to drill.
This post was edited on 3/8/22 at 5:38 pm
Posted on 3/8/22 at 8:15 pm to thingshavechanged
quote:
That is 9000 DRILLING PERMITS. Not leases. Once a leaseholder, operator, or designated agent identifies an oil and gas deposit on a Federal lease, they can file an application for permit to drill.
Ok, permits. If they were worth the time our oil cos would be drilling them. The President lied today. When Trump left office we were producing 1.5m more barrels a day than we are now. We were a net exporter and now we are a net importer.
Posted on 3/9/22 at 12:52 pm to bama1959
quote:
The President lied today. When Trump left office we were producing 1.5m more barrels a day than we are now. We were a net exporter and now we are a net importer.
In December 2000 the U.S. produced 11 million barrels per day. In February 2022 the U.S. produced 11,6 million barrels per day.
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