Saudi Arabia boosted production to make up any shortfall in Libyan oil supplies, and Qatar has agreed to market whatever oil the Libyan rebels hold.
And we're paying $4-plus per gallon why?
Showing posts with label oil. Show all posts
Showing posts with label oil. Show all posts
18 April 2011
21 March 2011
WAIT AN EFFIN' MINUTE ...!
Let's see if I get this straight.
If a Republican launches missiles at a Middle Eastern target who happens to be killing and otherwise abusing his population, he's called an oil-seeking war monger.
But if a Democrat does it he's a humanist concerned merely with saving people from harm and introducing democracy to them.
Oh, and this all cost us — as in you and I — $81 million.
And if the Democrat does the very thing the people we are fighting two wars against (al qaeda) want to do (they issued the fatwa on Thursday calling for the overthrow of ol' Daffy Qadaffi, not me) he's not only a humanitarian, he's a fucking military genius.
Will somebody explain to me — and all our troops who bear the brunt of this shit — how this happened? And why nobody seems to give a shit?
If a Republican launches missiles at a Middle Eastern target who happens to be killing and otherwise abusing his population, he's called an oil-seeking war monger.
But if a Democrat does it he's a humanist concerned merely with saving people from harm and introducing democracy to them.
Oh, and this all cost us — as in you and I — $81 million.
And if the Democrat does the very thing the people we are fighting two wars against (al qaeda) want to do (they issued the fatwa on Thursday calling for the overthrow of ol' Daffy Qadaffi, not me) he's not only a humanitarian, he's a fucking military genius.
Will somebody explain to me — and all our troops who bear the brunt of this shit — how this happened? And why nobody seems to give a shit?
14 March 2011
OIL AT TWO WEEK LOW
And what are YOU seeing at your gas pump?
Yup, you saw it zoom up there, right? Think you'll see it rollercoaster drop now?
No way.
Yup, you saw it zoom up there, right? Think you'll see it rollercoaster drop now?
No way.
07 March 2011
ARE WE REALLY THIS STUPID?
All caps here, folks:
WE DON'T IMPORT ENOUGH OIL/GAS FROM LIBYA TO MAKE A DIFFERENCE ....OUR GAS PRICES ARE BEING MANIPULATED BY THE VERY SAME PEOPLE THE MEDIA HAS BEEN CASTIGATING FOR THE PAST TWO YEARS.
MEANWHILE THE MEDIA IS MIS-REPORTING WHY GAS PRICES ARE UP.
IT'S LOCAL THIEVERY, ABETTED BY THE U.S GOVERNMENT (for what reason, I can't begin to figure out) and the MSM (don't understand why they'd be party to it, either).
ONCE AGAIN:
WE DON'T GET ANY/ENOUGH FUCKING OIL FROM LIBYA TO MAKE A DIF IN THE PRICE AT THE PUMP !!!!!
WE DON'T IMPORT ENOUGH OIL/GAS FROM LIBYA TO MAKE A DIFFERENCE ....OUR GAS PRICES ARE BEING MANIPULATED BY THE VERY SAME PEOPLE THE MEDIA HAS BEEN CASTIGATING FOR THE PAST TWO YEARS.
MEANWHILE THE MEDIA IS MIS-REPORTING WHY GAS PRICES ARE UP.
IT'S LOCAL THIEVERY, ABETTED BY THE U.S GOVERNMENT (for what reason, I can't begin to figure out) and the MSM (don't understand why they'd be party to it, either).
ONCE AGAIN:
WE DON'T GET ANY/ENOUGH FUCKING OIL FROM LIBYA TO MAKE A DIF IN THE PRICE AT THE PUMP !!!!!
03 March 2011
LIBYAN/GAS CONNECTION? BULLSHIT!
Don't buy a bit of the bullshit everyone is putting out about the connection between Libya and gas prices.
It's pure bullshit. Here's the US import record from last year, as per the United States Energy Information Service.
Why is gas so high? For the same reason a dog licks himself.
December 2010 Import Highlights: Released February 25, 2011
Monthly data on the origins of crude oil imports in December 2010 has been released and it shows that four countries exported more than 1,000 thousand barrels per day to the United States (see table below). The top five exporting countries accounted for 72 percent of United States crude oil imports in December while the top ten sources accounted for approximately 88 percent of all U.S. crude oil imports. The top five sources of US crude oil imports for December were Canada (2,064 thousand barrels per day), Mexico (1,223 thousand barrels per day), Saudi Arabia (1,076 thousand barrels per day), Nigeria (1,024 thousand barrels per day), and Venezuela (825 thousand barrels per day). The rest of the top ten sources, in order, were Iraq (336 thousand barrels per day), Angola (307 thousand barrels per day), Brazil (271 thousand barrels per day), Algeria (262 thousand barrels per day), and Colombia (220 thousand barrels per day). Total crude oil imports averaged 8,631 thousand barrels per day in December, which is an increase of 23 thousand barrels per day from November 2010.
Canada remained the largest exporter of total petroleum in December, exporting 2,713 thousand barrels per day to the United States, which is an increase from last month (2,510 thousand barrels per day). The second largest exporter of total petroleum was Mexico with 1,365 thousand barrels per day.
Crude Oil Imports (Top 15 Countries)
(Thousand Barrels per Day)
Country Dec-10 Nov-10 YTD 2010 Dec-09 YTD 2009
CANADA 2,064 1,975 1,972 2,104 1,943
MEXICO 1,223 1,229 1,140 1,063 1,092
SAUDI ARABIA 1,076 1,119 1,080 870 980
NIGERIA 1,024 806 986 1,020 776
VENEZUELA 825 884 912 772 951
IRAQ 336 340 414 325 449
ANGOLA 307 263 380 266 448
BRAZIL 271 188 254 181 295
ALGERIA 262 379 325 336 281
COLOMBIA 220 489 338 179 251
ECUADOR 192 188 195 86 181
RUSSIA 158 85 252 168 230
KUWAIT 125 170 195 160 180
UNITED KINGDOM 124 80 120 67 103
ARGENTINA 85 35 29 33 53
Total Imports of Petroleum (Top 15 Countries)
(Thousand Barrels per Day)
Country Dec-10 Nov-10 YTD 2010 Dec-09 YTD 2009
CANADA 2,713 2,510 2,532 2,710 2,479
MEXICO 1,365 1,363 1,280 1,204 1,210
SAUDI ARABIA 1,087 1,141 1,094 877 1,004
NIGERIA 1,070 860 1,025 1,029 809
VENEZUELA 917 942 987 849 1,063
RUSSIA 514 553 611 385 563
ALGERIA 484 572 507 544 493
IRAQ 336 340 414 325 450
ANGOLA 319 276 390 278 460
BRAZIL 295 198 271 184 309
UNITED KINGDOM 236 187 256 199 245
COLOMBIA 231 492 365 231 276
ECUADOR 192 194 197 86 185
VIRGIN ISLANDS 191 234 255 289 277
KUWAIT 125 170 197 160 182
Note: The data in the tables above exclude oil imports into the U.S. territories.
It's pure bullshit. Here's the US import record from last year, as per the United States Energy Information Service.
Why is gas so high? For the same reason a dog licks himself.
December 2010 Import Highlights: Released February 25, 2011
Monthly data on the origins of crude oil imports in December 2010 has been released and it shows that four countries exported more than 1,000 thousand barrels per day to the United States (see table below). The top five exporting countries accounted for 72 percent of United States crude oil imports in December while the top ten sources accounted for approximately 88 percent of all U.S. crude oil imports. The top five sources of US crude oil imports for December were Canada (2,064 thousand barrels per day), Mexico (1,223 thousand barrels per day), Saudi Arabia (1,076 thousand barrels per day), Nigeria (1,024 thousand barrels per day), and Venezuela (825 thousand barrels per day). The rest of the top ten sources, in order, were Iraq (336 thousand barrels per day), Angola (307 thousand barrels per day), Brazil (271 thousand barrels per day), Algeria (262 thousand barrels per day), and Colombia (220 thousand barrels per day). Total crude oil imports averaged 8,631 thousand barrels per day in December, which is an increase of 23 thousand barrels per day from November 2010.
Canada remained the largest exporter of total petroleum in December, exporting 2,713 thousand barrels per day to the United States, which is an increase from last month (2,510 thousand barrels per day). The second largest exporter of total petroleum was Mexico with 1,365 thousand barrels per day.
Crude Oil Imports (Top 15 Countries)
(Thousand Barrels per Day)
Country Dec-10 Nov-10 YTD 2010 Dec-09 YTD 2009
CANADA 2,064 1,975 1,972 2,104 1,943
MEXICO 1,223 1,229 1,140 1,063 1,092
SAUDI ARABIA 1,076 1,119 1,080 870 980
NIGERIA 1,024 806 986 1,020 776
VENEZUELA 825 884 912 772 951
IRAQ 336 340 414 325 449
ANGOLA 307 263 380 266 448
BRAZIL 271 188 254 181 295
ALGERIA 262 379 325 336 281
COLOMBIA 220 489 338 179 251
ECUADOR 192 188 195 86 181
RUSSIA 158 85 252 168 230
KUWAIT 125 170 195 160 180
UNITED KINGDOM 124 80 120 67 103
ARGENTINA 85 35 29 33 53
Total Imports of Petroleum (Top 15 Countries)
(Thousand Barrels per Day)
Country Dec-10 Nov-10 YTD 2010 Dec-09 YTD 2009
CANADA 2,713 2,510 2,532 2,710 2,479
MEXICO 1,365 1,363 1,280 1,204 1,210
SAUDI ARABIA 1,087 1,141 1,094 877 1,004
NIGERIA 1,070 860 1,025 1,029 809
VENEZUELA 917 942 987 849 1,063
RUSSIA 514 553 611 385 563
ALGERIA 484 572 507 544 493
IRAQ 336 340 414 325 450
ANGOLA 319 276 390 278 460
BRAZIL 295 198 271 184 309
UNITED KINGDOM 236 187 256 199 245
COLOMBIA 231 492 365 231 276
ECUADOR 192 194 197 86 185
VIRGIN ISLANDS 191 234 255 289 277
KUWAIT 125 170 197 160 182
Note: The data in the tables above exclude oil imports into the U.S. territories.
26 September 2009
DEMOCRATS ON OIL — WHAT? ME WORRY?
Proving yet again that the Obama Administration and the One-Party Democratic Senate we are now ruled by doesn't give a shit about you, me, history or reality... nor have a clue.
From WorkBoat.com
Senate blocks bid to keep offshore drilling policy
Source: Associated Press/AP Online
Publication date: 2009-09-23
WASHINGTON - The Senate on Wednesday voted against an attempt by Republicans to keep in place a plan by the Bush administration to allow oil and gas drilling along the Atlantic and Pacific coasts.
The 56-42 vote killed a proposal by Sen. David Vitter, R-La., that would have blocked the Obama administration from pursuing its own policy on offshore drilling.
Last year, with gasoline prices soaring, Republicans sought political momentum by advocating new offshore drilling.
"Remember last summer where almost all of America said, 'This is ridiculous, drill here, drill now. Let's use our own resources and not be held captive to foreign interests,'" Vitter said. "Do you remember that?"
Interior Secretary Ken Salazar disappointed pro-drilling advocates last week when he said that he's in no hurry to make a decision on whether to allow offshore drilling in federal waters off the Atlantic and Pacific coasts.
Salazar said he's uncertain whether the Interior Department will seek to put a new five-year drilling plan in place before the existing leasing program runs out in 2012.
While the Interior Department is considered unlikely to adopt the Bush-era proposal wholesale, which was released on its last working day in office, it remains unclear whether the Obama administration will allow any expansion of Outer Continental Shelf drilling.
The current plan is in place until 2012, so legally the department has until 2012 to redo a plan on the Outer Continental Shelf, Salazar said.
From WorkBoat.com
Senate blocks bid to keep offshore drilling policy
Source: Associated Press/AP Online
Publication date: 2009-09-23
WASHINGTON - The Senate on Wednesday voted against an attempt by Republicans to keep in place a plan by the Bush administration to allow oil and gas drilling along the Atlantic and Pacific coasts.
The 56-42 vote killed a proposal by Sen. David Vitter, R-La., that would have blocked the Obama administration from pursuing its own policy on offshore drilling.
Last year, with gasoline prices soaring, Republicans sought political momentum by advocating new offshore drilling.
"Remember last summer where almost all of America said, 'This is ridiculous, drill here, drill now. Let's use our own resources and not be held captive to foreign interests,'" Vitter said. "Do you remember that?"
Interior Secretary Ken Salazar disappointed pro-drilling advocates last week when he said that he's in no hurry to make a decision on whether to allow offshore drilling in federal waters off the Atlantic and Pacific coasts.
Salazar said he's uncertain whether the Interior Department will seek to put a new five-year drilling plan in place before the existing leasing program runs out in 2012.
While the Interior Department is considered unlikely to adopt the Bush-era proposal wholesale, which was released on its last working day in office, it remains unclear whether the Obama administration will allow any expansion of Outer Continental Shelf drilling.
The current plan is in place until 2012, so legally the department has until 2012 to redo a plan on the Outer Continental Shelf, Salazar said.
08 August 2009
OIL DRILLINGS OFF KEY WEST - BUT NOT BY US
Companies from Norway, Spain, India, China, Russia and Brazil have signed exploration agreements with Cuba and the Bahamas and could be drilling south of Key West this year, and 120 miles east of the Keys in the Cay Sal area of the Bahamas in fewer than two years.
What is the Obama Administration doing? Promoting smaller cars, alternate energy (except nuclear), and generally sinking us further down the foreign-oil-dependency pipeline.
Full story HERE
What is the Obama Administration doing? Promoting smaller cars, alternate energy (except nuclear), and generally sinking us further down the foreign-oil-dependency pipeline.
Full story HERE
16 July 2009
DEJA VU ALL OVER AGAIN
8-04-77. The Department of Energy is instituted by President Jimmy Carter (aka, Barrack Hussein Obama’s grandfather-in-spirit), the object (among other energy related issues): To lessen our dependence on foreign oil
11-9-77. President Carter signs the National Energy Act, which includes the National Energy Conservation Policy Act, the Power Plant and Industrial Fuel Use Act, the Public Utilities Regulatory Policy Act, the Energy Tax Act, and the Natural Gas Policy Act.
1-16-79. World oil supply goes to shit when Shah of Iran is deposed mainly because Carter and his appointed anti-CIA/CIA Director Stanfield Turner (can you say Leon Panetta?) gutted the CIA. Or as a KGB agent in Cairo Egypt, was quoted as saying in 1978: “Of all the operations that the Soviet Union and the U.S. have conducted against each other, none have benefited the KGB as much as the campaign in the US to discredit the CIA. In our wildest scenarios, we could never have anticipated such a plus for our side.”
6-20-79. President Carter announces program to increase Nation's use of solar energy, including solar development bank and increased funds for solar energy research and development.
6-30-80. President Carter signs the Energy Security Act, consisting of six major acts: U.S. Synthetic Fuels Corporation Act, Biomass Energy and Alcohol Fuels Act, Renewable Energy Resources Act, Solar Energy and Energy Conservation Act and Solar Energy and Energy Conservation Bank Act, Geothermal Energy Act, and Ocean Thermal Energy Conversion Act.
2009 Budget for the Department of Energy: $24.2 billion
PERSPECTIVE
1973. President Richard Nixon. “Our independence will depend on maintaining and achieving self-sufficiency in energy,” the United States imported 34.8 percent of its oil from foreign countries.
1979. President Jimmy Carter said the country will “never again use more foreign oil than we did in 1977,” imports were up to 45 percent of the nation’s oil supply.
1990. President George H.W. Bush talked of the need to reverse “excessive dependence on foreign oil,” the United States was importing 42.2 percent of its oil. By the time his son ran for office, sport utility vehicles ruled the roads and 52.9 percent of its oil.
2006. President Bush declared in his State of the Union that the nation was addicted to oil, foreign countries were delivering 59.9 percent of the fix.
Production of US produced oil has hovered in the 17,000 to 21,000 barrels per day (bpd) range during the same time. US production peaked at 21,495 bpd in December, 2004 (In July 1977 it was 17,567 bpd ... in April 2009: 18,471 bpd. Stats from Department of Energy.
So now we’re going to let the Government, which has illustrated what great business sense they have (US Postal Service, Fannie Mae, Freddie Mac, etc., et al) run our banking and health systems, and our auto industry ... as well as take another shot at oil reliance?
Oh, yeah. This all makes perfect sense.
(Thank to SS from FL for seeding me with this idea)
11-9-77. President Carter signs the National Energy Act, which includes the National Energy Conservation Policy Act, the Power Plant and Industrial Fuel Use Act, the Public Utilities Regulatory Policy Act, the Energy Tax Act, and the Natural Gas Policy Act.
1-16-79. World oil supply goes to shit when Shah of Iran is deposed mainly because Carter and his appointed anti-CIA/CIA Director Stanfield Turner (can you say Leon Panetta?) gutted the CIA. Or as a KGB agent in Cairo Egypt, was quoted as saying in 1978: “Of all the operations that the Soviet Union and the U.S. have conducted against each other, none have benefited the KGB as much as the campaign in the US to discredit the CIA. In our wildest scenarios, we could never have anticipated such a plus for our side.”
6-20-79. President Carter announces program to increase Nation's use of solar energy, including solar development bank and increased funds for solar energy research and development.
6-30-80. President Carter signs the Energy Security Act, consisting of six major acts: U.S. Synthetic Fuels Corporation Act, Biomass Energy and Alcohol Fuels Act, Renewable Energy Resources Act, Solar Energy and Energy Conservation Act and Solar Energy and Energy Conservation Bank Act, Geothermal Energy Act, and Ocean Thermal Energy Conversion Act.
2009 Budget for the Department of Energy: $24.2 billion
PERSPECTIVE
1973. President Richard Nixon. “Our independence will depend on maintaining and achieving self-sufficiency in energy,” the United States imported 34.8 percent of its oil from foreign countries.
1979. President Jimmy Carter said the country will “never again use more foreign oil than we did in 1977,” imports were up to 45 percent of the nation’s oil supply.
1990. President George H.W. Bush talked of the need to reverse “excessive dependence on foreign oil,” the United States was importing 42.2 percent of its oil. By the time his son ran for office, sport utility vehicles ruled the roads and 52.9 percent of its oil.
2006. President Bush declared in his State of the Union that the nation was addicted to oil, foreign countries were delivering 59.9 percent of the fix.
Production of US produced oil has hovered in the 17,000 to 21,000 barrels per day (bpd) range during the same time. US production peaked at 21,495 bpd in December, 2004 (In July 1977 it was 17,567 bpd ... in April 2009: 18,471 bpd. Stats from Department of Energy.
So now we’re going to let the Government, which has illustrated what great business sense they have (US Postal Service, Fannie Mae, Freddie Mac, etc., et al) run our banking and health systems, and our auto industry ... as well as take another shot at oil reliance?
Oh, yeah. This all makes perfect sense.
(Thank to SS from FL for seeding me with this idea)
14 February 2009
BUY MORE FOREIGN OIL
Interior Secretary Ken Salazar has rejected a Bush administration plan to open vast waters off the Pacific and Atlantic coasts to oil and gas drilling, promising "a new way forward" in offshore energy development including new wind projects.
Salazar at a news conference Tuesday (February 10) criticized “the midnight timetable” for new oil and gas development on the country's Outer Continental Shelf proposed by the Bush administration four days before President Barack Obama took office.
Yeah, that’s a smart way to add jobs to our economy. Build wind farms that nobody in the US knows how to.
Can you say — just in time for summer again — $4 a gallon?
Full story at Workboat.com
[Salazar, as a senator, has a mixed voting record on "environmental" issues. He seems to be rather sane with most of his opinions, although in other cases, he cancels himself out. A hard guy to read, which leads me to believe — based on his voting record — that he tried to vote with what was intellectually sensible and honest, rather than what was demanded by an ideology ... something that will never fly in DC. Why he's against inshore drilling — unless he's pro ANWR and Green River drilling — is beyond me.]
In a related hearing (i.e., the next day) enviros such as Phillipe Cousteau and Ted Danson, urged Congress to reinstate the drilling ban, while someone with actual knowledge and experience about and with offshore drilling — Jefferson Angers, president of the Center for Coastal Conservation in Louisiana — said “The fishing and oil and gas industries have coexisted in Louisiana for half a century and they've worked well together."
Rep. Doc Hastings of Washington, the House Resources Committee’s top Republican, noted that expanded offshore drilling is, “about creating good American jobs” and reducing the nation's dependence on foreign oil and the OPEC oil cartel.
I thought that was the purpose of the $3 trillion debt we’re about to assume, but I guess I was waaaaaay off base. Guess I’d better read those 1000+ pages of pesky "details" again.
Salazar at a news conference Tuesday (February 10) criticized “the midnight timetable” for new oil and gas development on the country's Outer Continental Shelf proposed by the Bush administration four days before President Barack Obama took office.
Yeah, that’s a smart way to add jobs to our economy. Build wind farms that nobody in the US knows how to.
Can you say — just in time for summer again — $4 a gallon?
Full story at Workboat.com
[Salazar, as a senator, has a mixed voting record on "environmental" issues. He seems to be rather sane with most of his opinions, although in other cases, he cancels himself out. A hard guy to read, which leads me to believe — based on his voting record — that he tried to vote with what was intellectually sensible and honest, rather than what was demanded by an ideology ... something that will never fly in DC. Why he's against inshore drilling — unless he's pro ANWR and Green River drilling — is beyond me.]
In a related hearing (i.e., the next day) enviros such as Phillipe Cousteau and Ted Danson, urged Congress to reinstate the drilling ban, while someone with actual knowledge and experience about and with offshore drilling — Jefferson Angers, president of the Center for Coastal Conservation in Louisiana — said “The fishing and oil and gas industries have coexisted in Louisiana for half a century and they've worked well together."
Rep. Doc Hastings of Washington, the House Resources Committee’s top Republican, noted that expanded offshore drilling is, “about creating good American jobs” and reducing the nation's dependence on foreign oil and the OPEC oil cartel.
I thought that was the purpose of the $3 trillion debt we’re about to assume, but I guess I was waaaaaay off base. Guess I’d better read those 1000+ pages of pesky "details" again.
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