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  • ilap2004 ilap2004 Mar 11, 2011 1:00 PM Flag

    Gulf of Mexico Production Down, U.S. Oil Imports Up

     

    http://naturalresources.house.gov/News/DocumentSingle.aspx?DocumentID=228278

    WASHINGTON, D.C., March 8, 2011 - Today, the Department of Energy’s independent U.S. Energy Information Administration (EIA) released their latest Short Term Energy Outlook for projected crude oil production in the Gulf of Mexico (GOM) and net U.S. imports (see charts below). Despite the misleading comments made by Interior Secretary Salazar last week, GOM crude oil production has continued to significantly decline since the Obama Administration’s de facto moratorium. EIA’s latest numbers also show the Obama Administration’s anti-energy policies have made us more vulnerable to energy price spikes as we have become increasingly reliant on unstable foreign energy.

    “The numbers don’t lie—it’s clear that this Administration is taking U.S. energy policy in exactly in the wrong direction. Gas prices are closing in on $4 per gallon and thousands of people are out of work in the Gulf because of the de facto moratorium on drilling permits,” said Natural Resources Committee Chairman Doc Hastings. “Unemployment is only going to get worse as this Administration’s policies continue to increase the cost of gasoline, which trickles down to every sector of our economy. We need to use our resources to produce American made energy, create good jobs, and insulate ourselves from uncontrollable energy prices spikes.”

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    • Confirms my speculation, lol.

      The green agenda lives!

      Unfortunately, given the powers-that-be have such a hold on policy, it likely won't matter if the republicans come into power either.

      As long as we continue to elect MSM politicians, the green agenda will be pushed down our throats and policy will be engineered according to their wishes.

      Our lives will be engineered and shaped so that what we consume makes them happy.

    • (This administration continues to hold on to a green agenda that is (wrongly) justified by a need to reduce CO2 emissions when the science has proven them wrong.)

      I concur with everything else but that statement. The truth is that science has not proved conclusively that the global warming theory is right, so it remains a theory, but warming trends exist never the less. Be it climate cycles or any combination of all the miriad of factors that come into account, the trends exist.
      Surew the govenment has been dragging their feet on gulf oil permits and such, but there is no denying that macondo was a feaking enviromental disaster, and it was brought on by BP's negligence(unproven in a court of law but the court of public opinion has already delivered a verdict).
      Amazing how slow big govenment is, a lumbering lummox.
      Patience will win out.

    • <It continues in spite of policies that try to shut it down unnecesarily.>

      NG drilling is WAAAY down, and it has everything to do with price and nothing to do with politics.

      <If you don't recognize that the Obama administration has steadfastly gotten in the way of BOTH oil AND gas and anything carbon related in the U.S. you are blind and show huge bias.>

      The U.S. is producing way more oil and NG under Obama than Bush, and it has nothing to do with who is/was president, and everything to do with economics.

      The reason NG is not competing with gasoline is PURE politics. THAT is what needs to be fixed and where politicians need to be held accountable.

      <As to the loss of 200,00 b/d of oil from the Gulf ...that's only this year...

      And you call that squat?>

      Yes, Wins, that is 1% of total consumption, and there is more than enough NG to make up for that loss.

      <Add another year of similar policies that continue to drive deep offshore rigs to other jurisdictions....
      (and just see if you can get them back!!)... then we are up to 600,000 b/d.>

      I thought we were running out of oil, Wins!! Now we have would have plenty if not for Obama.

      Here are the prices per gallon of NG: http://www.cngprices.com/

      In Norman OK, the per gallon gasoline equivalent of NG is 75 cents. 75 CENTS!!!!

      The only reason you and Ilap care about GOM drilling is to bash Obama to further your political agenda. What I care is about (and you and Ilap don't) is why the public can't fill up at 75 cents a gallon.

      Problem solvers want to know why it costs $10,000 to convert a car in the U.S. to take NG but only $800 in Mexico.

      Political opportunists like you and Ilap are actually happy gasoline prices are up, so you can blame Obama for it.

      Am I the only one tired of this finger pointing and lying as an excuse for not getting stuff done?

    • <<And the drilling for natural gas has stopped because prices are too low. >>

      No it hasn't. It continues in spite of policies that try to shut it down unnecesarily.

      If you don't recognize that the Obama administration has steadfastly gotten in the way of BOTH oil AND gas and anything carbon related in the U.S. you are blind and show huge bias. The EPA has also been politicized and has also gone after refineries.

      It's not just about the GUlf. It's NG too, i.e. fraking.

      Or any other fuel that necessarily emits CO2 when used.

      (This administration continues to hold on to a green agenda that is (wrongly) justified by a need to reduce CO2 emissions when the science has proven them wrong.)

      As to the loss of 200,00 b/d of oil from the Gulf ...that's only this year...

      And you call that squat?

      Fine, but think of the cumulative effects.

      Next year it will add up to 400,00 b/d.


      Still call that squat?

      Add another year of similar policies that continue to drive deep offshore rigs to other jurisdictions....
      (and just see if you can get them back!!)... then we are up to 600,000 b/d.

      still call that squat, Doc?

      This administration has been warned about these issues and chose to ignore them.

      Why? I'll repeat it again--The green agenda.

      The Obama administration is as clearly against the oil and gas industry as anything I've ever seen.

      Think it an accident that Obama used the GOM spill to full effect to taut 'green' in his televised 'performances' this past summer?

      If so, you are either very naive or willfully denying the truth.

      And this administration were also warned about the risks of increasing the country's dependancy on oil imports back then.

      I even said so on this message board.


      Alternatives simply weren't ready to play much a role yet.

      A big Duhhhh.

      So now they've made their bed and made a mess in it.... and you want to deny how it stinks?

      Get real.

      So any increased dependency on imports going forward will be squarely on the shoulders of the Obama administration's anti oil development policies. No one else to blame. And certainly not Bush..though I wouldn't be surpised to hear that too. lol.

      To have shut down the whole GOM; including shallow waters WAS capricious.... no other way to put it.

      Stick your head in the sand if you want, I'm tired of shovelling.

      <<Guys like Ilap are much more interested in finger pointing than problem solving. >>

      The finger pointing is warranted.

      And I'm still waiting for Obama to 'solve' some problems if that's your measure of performance.

      I'm also willing to cut some slack here if you can point to any problems he HAS solved.

      Can you?

      I'm tired of pointing out his failures...INCLUDING HIS TERRIBLE CHOICES IN PRIORITIES SINCE THE EARLY DAYS OF HIS ADMINISTRATION.

      Wins

    • <<And the drilling for natural gas has stopped because prices are too low. >>

      Doc, you are obviously biased in your politics.

      If you don't recognize that the Obama administration has steadfastly gotten in the way of BOTH oil AND gas production in the U.S. you are blind.

      Not just GOM. It's NG too, i.e. fraccking.

      Or any other fuel that necessarily emits CO2 when used.

      (This administration continues to hold on to a green agenda that is (wrongly) justified by a need to reduce CO2 emissions when the science has proven them wrong.)

      As to the loss of 200,00 b/d of oil from the Gulf ...that's only this year...

      And you call that squattt?

      Fine, but think of the cumulative effects.

      Next year it will add up to 400,00 b/d.


      Still call that squattt?

      Add another year of similar policies that continue to drive deep offshore rigs to other jurisdictions....
      (and just see if you can get them back!!)... then we are up to 600,000 b/d.

      still call that squattt Doc?

      This administration has been warned about these issues and chose to ignore them.

      Why? I'll repeat it--The green agenda.

      The Obama administration is as clearly against the oil and gas industry as anything I've ever seen.

      Think it an accident that Obama used the GOM spill to full effect to taut 'green' in his televised 'performances'?

      If so, you are either very naive or willfully denying the truth.

      And this administration were also warned about the risks of increasing the country's dependancy on oil imports back then.

      I even said so on this message board.

      Alternatives simply weren't ready to play much a role yet.

      Duhh.

      So now they've made their bed and made a mess in it and you want to deny how it stinks?

      Get real.

      So any increased dependency on imports going forward will be squarely on the shouldes of the Obama administration's anti oil development policies.

      To have shut down the whole GOM; including shallow waters was capricious.... no other way to put it.

      Stick your head in the sand if you want, I'm tired of shovelling.

      <<Guys like Ilap are much more interested in finger pointing than problem solving. >>

      The finger pointing is warranted.

      And I'm still waiting for Obama to 'solve' some problems.

      I'm willing to cut some slack here if you can point to any problems he has solved.

      I'm tired of pointing out his failures.

      Wins

    • <<And the drilling for natural gas has stopped because prices are too low. >>

      Doc, you are obviously biased in your politics.

      If you don't recognize that the Obama administration has steadfastly gotten in the way of BOTH oil AND gas production in the U.S. you are blind.

      Not just GOM. It's NG too, i.e. fracking.

      As to the loss of 200,00 b/d in the GOM ...that's this year...And you call that diddley

      Fine, but think of the cumulative effects.

      Next year could add up to 400,00 b/d.


      Still call that diddley?

      Add another year of similar policies that continue to drive deep offshore rigs to other jurisdictions....
      Just see if you can get them back... then we are up to 600,000 b/d.

      still call that diddley?

      This administration has been warned about these issues and chose to ignore them.

      Why? The green agenda. The Obama administration is as clearly against the oil and gas indusdtry as is the nose on your face.

      Think it an accident that Obama used the GOM spill to full effect to taut 'green' in his televised 'performances'?

      If so, you are either very naive or willfully denying the truth.

      And this administration were also warned about the risks of increasing the country's dependancy on oil imports back then.

      I even said so on this message board.

      Alternatives weren't ready to play much a role. Duh.

      So now they've made their bed and dumped in it and you want to deny how it stinks?

      Get real.

      This is purely because of the Obama administration's anti oil development policies.

      To have shut down the whole GOM; including shallow waters was capricious.... no other way to put it.

      Stick your head in the sand if you want, I'm tired of shovelling.

      <<Guys like Ilap are much more interested in finger pointing than problem solving. >>

      The finger pointing is warranted.

      And I'm still waiting for Obama to 'solve' some problems.

      I'm willing to cut some slack here if you can point to any problems he has solved.

      I'm tired of pointing out his failures.

      Wins

    • <<And the drilling for natural gas has stopped because prices are too low. >>

      Doc, you are obviously biased in your politics.

      If you don't recogoze that the Obama administration has steadfastly gotten in the way of BOTH oil AND gas production in the US you are blind.

      Not just GOM. It's NG too, i.e. fracking.

      As to the loss of 200,00 b/d in the GOM ...that's this year...And you call that 'squat'?

      Fine, but think of the cumulative effects.

      Next year could add up to 400,00 b/d.


      Still call that squat?

      Add another year of similar policies that continue to drive deep offshore rigs to other jurisdictions....
      Just see if you can get them back... then we are up to 600,000 b/d.

      still call that squat?

      This administration has been warned about these issues and chose to ignore them.

      Why? The green agenda. The Obama administration is as clearly against the oil and gas indusdtry as is the nose on your face.

      Think it an accident that Obama used the GOM spill to full effect to taut 'green' in his televised 'performances'?

      You are either very naive or willfully denying the truth.

      And this administration were also warned about the risks of increasing the country's dependancy on oil imports back then.

      Alternatives weren't ready to play much a role. Duh.

      So now they've made their bed and dumped in it and you want to deny how it smells?

      Get real.

      This is purely because of the Obama administration's anti oil development policies.

      To have shut down the whole GOM; including shallow waters was capricious.... no other way to put it.

      Stick you head in the sand if you want, I'm tired of shovelling you out.

      <<Guys like Ilap are much more interested in finger pointing than problem solving. >>

      The finger pointing is warranted.

      And I'm still waiting for Obama to solve some problems.

      I'm willing to cut some slack here if you can point to any problems he has solved.

      I'm tired of pointing out his failures.

      Wins

 
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