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Old 09-12-2018, 01:20 PM   #1
Long Duck Dong
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Thumbs up US is now the world's top producer of oil

https://www.eia.gov/todayinenergy/detail.php?id=37053

Quote:
The United States likely surpassed Russia and Saudi Arabia to become the world’s largest crude oil producer earlier this year, based on preliminary estimates in EIA’s Short-Term Energy Outlook (STEO). In February, U.S. crude oil production exceeded that of Saudi Arabia for the first time in more than two decades. In June and August, the United States surpassed Russia in crude oil production for the first time since February 1999



This fear mongering from the 70s remind you of anything today?

https://m.youtube.com/watch?v=nI8scHUxgoc
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Old 09-12-2018, 01:23 PM   #2
LAmbruh
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Default Re: US is now the world's top producer of oil

Little late now that everything is going green and renewable
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Old 09-12-2018, 01:26 PM   #3
SomeBlackDude
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Default Re: US is now the world's top producer of oil

hussein does it again!

http://www.washingtonpost.com/wp-dyn...T2009012601175

https://www.politifact.com/truth-o-m...n-foreign-oil/
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Old 09-12-2018, 03:30 PM   #4
NumberSix
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Default Re: US is now the world's top producer of oil

Quote:
Originally Posted by LAmbruh
Little late now that everything is going green and renewable
This. Nobody uses oil anymore.
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Old 09-12-2018, 04:30 PM   #5
LeThanos
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Default Re: US is now the world's top producer of oil

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Originally Posted by NumberSix
This. Nobody uses oil anymore.

Uhm, this is factually incorrect.
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Old 09-12-2018, 04:39 PM   #6
Rolando
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Default Re: US is now the world's top producer of oil

Not brilliant geo-political strategy.

But I understand now that the US has no choice but to try to sell as much oil as they can before the market dries up. Previously, we wanted to use up everyone else's oil first, thinking logically that we would save our's until everything else is tapped....didn't play out like we had thought. Global warming and the greenhouse effect is some real actual civilization threatening stuff. Just check out the largest hurricane to come ashore north of Florida this coming weekend.

Time to cash out on the fossil fuels, definitely.
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Old 09-12-2018, 04:51 PM   #7
bigkingsfan
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Default Re: US is now the world's top producer of oil

There's a McDonalds every block, so not surprising.
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Old 09-12-2018, 05:05 PM   #8
scuzzy
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Default Re: US is now the world's top producer of oil

Quote:
Originally Posted by NumberSix
This. Nobody uses oil anymore.
I use essential oils daily


But yes, most lube nowadays is water based
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Old 09-12-2018, 05:31 PM   #9
Hawker
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Default Re: US is now the world's top producer of oil

Thank you private businesses and fracking. Oil will be around for many years to come.
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Old 09-12-2018, 05:32 PM   #10
Hawker
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Default Re: US is now the world's top producer of oil

Obama had zero to do with this. Palin’s “drill baby drill” chant was more correct.
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Old 09-12-2018, 05:38 PM   #11
SomeBlackDude
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Default Re: US is now the world's top producer of oil

Quote:
Originally Posted by Hawker
Obama had zero to do with this.

https://money.cnn.com/2015/01/28/new...oom/index.html

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Old 09-12-2018, 05:45 PM   #12
Hawker
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Default Re: US is now the world's top producer of oil

Quote:
Originally Posted by SomeBlackDude

From your article:

Quote:
A combination of new technology, primarily fracking, has unlocked oil that was previously out of reach of drillers. That, coupled with high oil prices during much of his term has encouraged investment in the oil exploration, experts say.

The administration has been a bystander during the oil boom, neither encouraging nor discouraging it, they say.

"You can't credit or blame the president [for the oil boom]," said Tom Kloza, chief oil analyst with the Oil Price Information Service. "It's been the twin pillars of price and technology. It's capitalism at work."

Numbnuts. Article even says most production comes from private lands.
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Old 09-12-2018, 05:47 PM   #13
Hawker
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Default Re: US is now the world's top producer of oil

Quote:
Originally Posted by Rolando
Not brilliant geo-political strategy.

But I understand now that the US has no choice but to try to sell as much oil as they can before the market dries up. Previously, we wanted to use up everyone else's oil first, thinking logically that we would save our's until everything else is tapped....didn't play out like we had thought. Global warming and the greenhouse effect is some real actual civilization threatening stuff. Just check out the largest hurricane to come ashore north of Florida this coming weekend.

Time to cash out on the fossil fuels, definitely.

The US isn't selling oil. Private businesses are. This isn't a geo-political strategy.

You have no idea what you're talking about.
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Old 09-12-2018, 05:49 PM   #14
SomeBlackDude
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Default Re: US is now the world's top producer of oil

Quote:
Originally Posted by Hawker
From your article:



Numbnuts. Article even says most production comes from private lands.

tom kloza/hawker = hater.

facts speak for themselves.

the obama oil boom is real.



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Old 09-12-2018, 05:51 PM   #15
Hawker
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Default Re: US is now the world's top producer of oil

Quote:
Originally Posted by SomeBlackDude
tom kloza/hawker = hater.

facts speak for themselves.

the obama oil boom is real.




lol k

I guess Trump is taking credit for the US being the world's top producer of oil then.

And Obama gets to take credit for the massive oil and gas layoffs as well.
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