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(CNN)   Obama's plan to destroy the oil industry has resulted in the US becoming the world's largest oil producing nation by 2020. Can't he do anything right?   (money.cnn.com) divider line 163
    More: Interesting, International Energy Agency, United States, U.S. Energy Information Administration, oil producers, countries by natural gas production, Republican, Economic Calendar, energy market  
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8370 clicks; posted to Main » on 12 Nov 2012 at 3:20 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-11-12 03:45:31 PM
morphemedictionary.com

History book/reliable news source from the future or it didn't happen.
 
2012-11-12 03:45:37 PM

xanadian: Yeah, but don't expect the price of gas to fall anytime soon.

I also recall that the US is currently THE leader (or near the top) in gasoline exports. It's supposedly one of the factors that's driving up the cost here at home.


Why do people think that not importing/exporting oil will somehow magically change the price on a global market? The US exports gasoline due to extra refining capacity, not to keep low prices from 'Muricah!! If you want a vision of true oil independence in North America just look at Canada. It doesn't change any of the things people think it should change. But hell, Americans in general think that most of the gasoline in their cars started in the middle east in the first place.
 
2012-11-12 03:46:21 PM

GT_bike: Marcus Aurelius: Lando Lincoln: By ramping up production of shale oil?

Yeah, that's just what we farking need.

Humanity is so goddamn dumb.

Not to worry, we're building the Keystone XL pipeline so we can export it out of the country tax free.

So, problem solved, right?

/ok so its stupid

Actually Obama and his buddy Buffet oppose it. That way we can help Buffet reap $47 billion in cash. Just his train operation (BNSF) is up wildly at 72% where he hauls coal, oil and sand. Coal to the power plants. Oil to the refiners. Sand to the Frackers.

http://seekingalpha.com/article/992421-berkshire-hathaway-keeps-chugg i ng-along-thanks-to-burlington-northern-santa-fe


It's people like you that are making me a fortune in the tin foil industry. Carry on!
 
2012-11-12 03:46:32 PM
Thus begins the 21st century wars for energy

/nuke taco bell
 
2012-11-12 03:47:29 PM

GORDON: The Keystone Pipeline has been going in in direct defiance of orders from Obama's EPA. I have been waiting to see what becomes of that.

To suggest Obama has been championing fossil fuels is beyond ludicrous. Resource recovery technology has been outpacing the regulations to slow it down, and renewable energy production is actually going nowhere in spite of the billions thrown at it.

But... I am now embracing all liberal policies in order to get the country to implode faster, so I think Obama needs to get the actual ARMY into the midwest to destroy whatever illegal pipeline they have laid, and then seize the entire petroleum industry so we can have a sane government running it with America's best interests in mind.


Your blog sucks.
 
2012-11-12 03:48:05 PM
Not to worry fossil fuel haters. I've been told we'll be completely out of oil by then.
 
2012-11-12 03:49:07 PM
There's no way you can possibly spin his oil policies as 'friendly'. I know you're all climbing over each other for the right to slob on his knob, but his administration doesn't have the greatest record on developing oil.

Production may be up overall under this administration but its in spite of Obama, not because of him.

http://www.instituteforenergyresearch.org/2011/04/14/administration-a c tions-designed-to-increase-the-cost-and-reliability-of-energy/
 
2012-11-12 03:49:23 PM

GORDON: The Keystone Pipeline has been going in in direct defiance of orders from Obama's EPA. I have been waiting to see what becomes of that.

To suggest Obama has been championing fossil fuels is beyond ludicrous. Resource recovery technology has been outpacing the regulations to slow it down, and renewable energy production is actually going nowhere in spite of the billions thrown at it.

But... I am now embracing all liberal policies in order to get the country to implode faster, so I think Obama needs to get the actual ARMY into the midwest to destroy whatever illegal pipeline they have laid, and then seize the entire petroleum industry so we can have a sane government running it with America's best interests in mind.


Wow, I had no idea that Obama's Get Out the Vote software, Gordon, had become sentient and had turned against its creator. Well, at least that is better than Orca, which could barely count to potato.
 
2012-11-12 03:49:31 PM

kronicfeld: It's the future conditional pluperfect subjunctive.

img850.imageshack.us
 
2012-11-12 03:49:39 PM
It has to be true. I was visited from the future by Darth Vader of the planet Vulcan and he told me so. I also have to ask your mother to the Enchantment Under the Sea dance and totally nail her.
/your mom
//nail her
///in the vagina
 
2012-11-12 03:49:58 PM
Bastard! I thought the idea was to deplete the natural resources of all other countries before tapping our own.
 
2012-11-12 03:50:26 PM
I'm starting to think all those Republicans saying Obama was bad for the country might not have been telling us the truth for some reason.
 
2012-11-12 03:50:27 PM
Turning farmland into oil fields doesn't sound like a great idea to me...

\\Also, time machine comment.
 
2012-11-12 03:51:26 PM

GT_bike: Marcus Aurelius: Lando Lincoln: By ramping up production of shale oil?

Yeah, that's just what we farking need.

Humanity is so goddamn dumb.

Not to worry, we're building the Keystone XL pipeline so we can export it out of the country tax free.

So, problem solved, right?

/ok so its stupid

Actually Obama and his buddy Buffet oppose it. That way we can help Buffet reap $47 billion in cash. Just his train operation (BNSF) is up wildly at 72% where he hauls coal, oil and sand. Coal to the power plants. Oil to the refiners. Sand to the Frackers.

http://seekingalpha.com/article/992421-berkshire-hathaway-keeps-chugg i ng-along-thanks-to-burlington-northern-santa-fe


Investing Tip: Every article (re: blog post) on SeekingAlpha is a series of anecdotes and correlations which inductively reach a conclusion that matches the author's opinion. You'd be better off listening to Jim Cramer.
 
2012-11-12 03:51:28 PM
Lando Lincoln: "Yeah, that's just what we farking need."

Without ramping up US production, the growth of global demand will outstrip global production long before we could have feasibly shifted enough of our economy to natural gas and renewables. And then you get price shocks. And the economy goes to shiat.

This smooths the price curve on the way up and buys time for research, engineering, new power plant construction and the continued modernization of the US vehicle fleet (with commensurate increases in fuel efficiency).

If our economy is addicted to oil like a high-functioning heroin addict, think of this as buying another 8-ball to keep things moving forward until we've banked enough paid time off to take a week to detox. Is it a great plan? Nope. Is it the least-worst plan? So far.
 
2012-11-12 03:53:03 PM

Surool: I'm starting to think all those Republicans saying Obama was bad for the country might not have been telling us the truth for some reason.


in other news: drill baby, drill is good for American now
 
2012-11-12 03:53:16 PM
I don't want the price to fall- it only encourages the sale of bigger and less fuel effecient vehicles. You do want to go that route, start taxing vehicles by weight or fuel efficiency.
 
2012-11-12 03:53:30 PM
So is this where so called progressives begin screaming again about how Obama is actually a Republican?

Personally, give him time, he'll put a stop to this.
 
2012-11-12 03:54:03 PM
http://www.instituteforenergyresearch.org/2011/04/14/administration-ac tions-designed-to-increase-the-cost-and-reliability-of-energy/

Not sure what happened to last attempt, whatevs. Too lazy to hyperlink. In my day, we had to a href, now you new farkers have your little icons to click on .
 
2012-11-12 03:55:05 PM

skullkrusher: Surool: I'm starting to think all those Republicans saying Obama was bad for the country might not have been telling us the truth for some reason.

in other news: drill baby, drill is good for American now


www.swapmeetdave.com

It would help the gene pool, I'll give you that.
 
2012-11-12 03:56:11 PM
When did we go from "peak oil has passed and climate change will ruin the world" to "Obama has made gasoline the new economy and it is good"?

/I thought we were supposed to be a leader in exporting renewable energy technology.
 
2012-11-12 03:56:54 PM
My truck has this sticker on it, because I care.

a248.e.akamai.net
 
2012-11-12 03:57:06 PM

way south: When did we go from "peak oil has passed and climate change will ruin the world" to "Obama has made gasoline the new economy and it is good"?

/I thought we were supposed to be a leader in exporting renewable energy technology.


Issa's rage? Put that shiat in a bottle and sell it. Pretty renewable, at least for the next 4 years.
 
2012-11-12 03:57:08 PM
Gas will still be unaffordable.
 
2012-11-12 03:57:31 PM

Mad_Radhu:
Wow, I had no idea that Obama's Get Out the Vote software, Gordon, had become sentient and had turned against its creator. Well, at least that is better than Orca, which could barely count to potato.


I don't know what that means, but I was serious when I said I was supporting liberal policies, now. No need to attack me. I really think the government should seize all industry that can be perceived as a "right," like people have the right to internet access, and health care, and gas for their cars. I am dead serious. I want this to happen. Y'all have my vote in 2016 across the board.
 
2012-11-12 03:58:09 PM

BalugaJoe: Gas will still be unaffordable.


Which is why it's bought in sugte huge quantities
 
2012-11-12 03:58:18 PM
Phineas: "Not sure what happened to last attempt"

Maybe the server couldn't handle someone un-ironically posting a link to the "Institute for Energy Research"?
 
2012-11-12 03:58:26 PM

way south: When did we go from "peak oil has passed and climate change will ruin the world" to "Obama has made gasoline the new economy and it is good"?

/I thought we were supposed to be a leader in exporting renewable energy technology.


.
Once the so called progressives have us all back in horse and buggies, and gas consumption drops to zero, no shait that we'll be an exporting country.
 
2012-11-12 03:58:36 PM

david_gaithersburg: My truck has this sticker on it, because I care.

[a248.e.akamai.net image 380x345]


And my vehicle has a "15" dick looking for a good time" bumper sticker on it too, doesn't mean I'm saving the world.
 
2012-11-12 03:59:09 PM

david_gaithersburg: So is this where so called progressives begin screaming again about how Obama is actually a Republican?

Personally, give him time, he'll put a stop to this.


By ammending the constitution so that there will no further name calling of the POTUS?
 
2012-11-12 03:59:11 PM
Bow before us puny OPEC. Now where is our 30 cent a gallon gas like in big oil producing countries?
 
2012-11-12 03:59:44 PM

way south: When did we go from "peak oil has passed and climate change will ruin the world" to "Obama has made gasoline the new economy and it is good"?

/I thought we were supposed to be a leader in exporting renewable energy technology.


I think you found the cause of this paradox
 
2012-11-12 04:00:23 PM
I think a better analysis of the situation would be "US to become biggest producer of oil DESPITE obama"
 
2012-11-12 04:00:59 PM

kronicfeld: It's the future conditional pluperfect subjunctive.


Thankfully it's not the future semiconditionally modified subinverted plagal past subjunctive intentional.
 
2012-11-12 04:01:44 PM

Lupine Chemist: xanadian: Yeah, but don't expect the price of gas to fall anytime soon.

I also recall that the US is currently THE leader (or near the top) in gasoline exports. It's supposedly one of the factors that's driving up the cost here at home.

Why do people think that not importing/exporting oil will somehow magically change the price on a global market? The US exports gasoline due to extra refining capacity, not to keep low prices from 'Muricah!! If you want a vision of true oil independence in North America just look at Canada. It doesn't change any of the things people think it should change. But hell, Americans in general think that most of the gasoline in their cars started in the middle east in the first place.


Why sell excess gasoline at a discount to deadbeat Americans when socialist fer'ners will pay full retail?
 
2012-11-12 04:02:08 PM

skullkrusher: Fracking for freedom!


I drove through the Eagle Ford field last weekend on the way to and from the beach.
Got-damn trucks everywhere hauling fluid and sand. Took a big rock to the windshield from one...pissed me off.
 
2012-11-12 04:03:06 PM

Maud Dib: skullkrusher: Fracking for freedom!

I drove through the Eagle Ford field last weekend on the way to and from the beach.
Got-damn trucks everywhere hauling fluid and sand. Took a big rock to the windshield from one...pissed me off.


as long as they keep that shiat below the impermeable layer, you should be ok... though windshield rocks remain a hazard
 
2012-11-12 04:04:14 PM

Amusement: Gas won't go down to $2 cause taxes. Propane might, and wouldn't that make summer grilling a bit more funnier?


No, because you don't grill on propane flames you savage.

Charcoal ftw.
 
2012-11-12 04:04:53 PM
I was driving late one night about 2 years ago and caught a Coast to Coast show on the radio. The guest on there was basically saying the same thing as the headline. That America will be an powerful oil country eventually and regain its rightful place as a super power.
 
2012-11-12 04:05:42 PM
"Peak Oil", a lie.
"Drill Baby Drill", a lie.
"Energy Independant", a lie.
"Limited Refining", a lie.
"The Speculators", a lie.
And so on,,,

Wake me when we hit Peak Profit.
 
2012-11-12 04:06:31 PM
If there are only two glasses of milk left on the planet I will gladly pay any price to buy and drink yours first.
 
2012-11-12 04:07:12 PM

xen0blue: I think a better analysis of the situation would be "US to become biggest producer of oil DESPITE obama"


If it weren't for the investors driving the price of oil so high Shale may not have been viable due to expense
 
2012-11-12 04:07:16 PM

coeyagi: david_gaithersburg: My truck has this sticker on it, because I care.

[a248.e.akamai.net image 380x345]

And my vehicle has a "15" dick looking for a good time" bumper sticker on it too, doesn't mean I'm saving the world.


You are taller than 15" dont sell yourself short
 
2012-11-12 04:07:44 PM
While we still need to pursue alternative/renewable/green energy sources; becomming the world leader in oil production can help world stability by making the rest of the world less dependent on the Middle East, which is the most unstable part of the world, for their oil.
 
2012-11-12 04:08:14 PM

Smeggy Smurf: Thus begins the 21st century wars for energy

/nuke taco bell


The single largest producer of natural gas!
 
2012-11-12 04:08:21 PM
 
2012-11-12 04:08:23 PM

david_gaithersburg: My truck has this sticker on it, because I care.

[a248.e.akamai.net image 380x345]


Care twice as hard because I'm not going to at all
 
2012-11-12 04:13:43 PM

coeyagi: david_gaithersburg: My truck has this sticker on it, because I care.

[a248.e.akamai.net image 380x345]

And my vehicle has a "15" dick looking for a good time" bumper sticker on it too, doesn't mean I'm saving the world.


one vag at a time
 
2012-11-12 04:13:55 PM
sphotos-b.xx.fbcdn.net
 
2012-11-12 04:14:36 PM

xanadian: Yeah, but don't expect the price of gas to fall anytime soon.

I also recall that the US is currently THE leader (or near the top) in gasoline exports. It's supposedly one of the factors that's driving up the cost here at home.


Came here to biatch about this.
 
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