spin_dry Posted February 25, 2022 Share Posted February 25, 2022 Oh oh. How can this be? https://www.bloomberg.com/news/articles/2022-01-11/u-s-crude-output-seen-leaping-in-2023-amid-shale-recovery Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted February 25, 2022 Platinum Contributing Member Share Posted February 25, 2022 So no longer financing Russian invasions then? Quote Link to comment Share on other sites More sharing options...
spin_dry Posted February 25, 2022 Author Share Posted February 25, 2022 5 minutes ago, Skidooski said: So no longer financing Russian invasions then? Trump did that. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted February 25, 2022 Platinum Contributing Member Share Posted February 25, 2022 3 minutes ago, spin_dry said: Trump did that. Made us energy independent? Quote Link to comment Share on other sites More sharing options...
spin_dry Posted February 25, 2022 Author Share Posted February 25, 2022 9 minutes ago, Skidooski said: Made us energy independent? Thanks Obama. Quote Link to comment Share on other sites More sharing options...
s pump Posted February 25, 2022 Share Posted February 25, 2022 2 minutes ago, spin_dry said: Thanks Obama. You have to be trolling. Otherwise, I just don't know. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted February 25, 2022 Platinum Contributing Member Share Posted February 25, 2022 3 minutes ago, spin_dry said: Thanks Obama. He didn’t build that Quote Link to comment Share on other sites More sharing options...
spin_dry Posted February 25, 2022 Author Share Posted February 25, 2022 1 minute ago, s pump said: You have to be trolling. Otherwise, I just don't know. Largest increase in domestic oil production came under Obama. 74%. Trump? Next to nothing. But you already knew that. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted February 25, 2022 Platinum Contributing Member Share Posted February 25, 2022 7 minutes ago, spin_dry said: Thanks Obama. Obama benefited from Bush era management of the energy industry, growth in production on private land and technology in that ability to extract more from existing sites. There is a great interview on NBC (think it was meet the press) where the host calls out David Axlerod on this exact point. Goes back to the point I made earlier the democraps try and play both sides of the issue. https://www.forbes.com/sites/rrapier/2016/01/15/president-obamas-petroleum-legacy/?sh=7857f7b9c10f President Obama is walking a fine line in calling attention to this surge of oil production during his presidency for 2 reasons. One is that he wants to be known as a president who took decisive action on climate change. But presiding over a huge surge of oil production isn't exactly synonymous with combating climate change. Unless of course you couch the issue in terms of a reduction in oil imports, and then it sounds kind of like a positive for climate change. But I think the other reason President Obama doesn't spend more time beating the drum on this crude oil production surge is that it is readily apparent that it happened despite his administration, and not because of it. President Obama coincidentally happened to enter office just as the shale oil boom in the U.S. was getting started. In fact, the vast majority of the increase in U.S. oil production occurred on private land. On land that the U.S. government controls, it was a different story. The EIA reported in 2015 that while U.S. oil and gas production overall were surging, production of natural gas on federal lands was declining. Oil production is at about the same level as it was during his first year in office: President Obama's oil production legacy shares a similarity to that of President Jimmy Carter. In 1973 President Nixon pushed through the Trans-Alaska Pipeline Authorization Act, which cleared away legal challenges seeking to stop construction of the pipeline. But the pipeline didn’t start operating until 1977, during President Carter’s first year in office. As a result, after a sharp decline under Presidents Nixon and Ford, oil production rose during Carter’s term. But the production increase during Carter’s first two years in office was a result of decisions made during the Nixon administration. Thus, President Obama's legacy will certainly be that he presided over a dramatic expansion of U.S. oil and gas production. But if you dig a little bit below the surface, you find that there's a lot more to the story than that. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted February 25, 2022 Platinum Contributing Member Share Posted February 25, 2022 https://www.factcheck.org/2012/10/obamas-drilling-denials/ Dubious Denials Obama was wrong to flatly deny that he cut in half the number of new federal permits and leases for oil and natural gas drilling. The number of new offshore leases has plummeted under Obama — falling by more than half, according to the Bureau of Safety and Environmental Enforcement. During Obama’s first term, the U.S. has so far issued 1,304 new offshore leases compared with 3,317 in Bush’s second term — a decrease of 61 percent. The number of new permits for offshore wells also nosedived. The U.S. approved 1,316 new permits during Bush’s second term. The number has fallen to 515 — so far — under Obama, also a 61 percent drop. Quote Link to comment Share on other sites More sharing options...
s pump Posted February 25, 2022 Share Posted February 25, 2022 22 minutes ago, spin_dry said: Largest increase in domestic oil production came under Obama. 74%. Trump? Next to nothing. But you already knew that. 11 minutes ago, Highmark said: Obama benefited from Bush era management of the energy industry, growth in production on private land and technology in that ability to extract more from existing sites. There is a great interview on NBC (think it was meet the press) where the host calls out David Axlerod on this exact point. Goes back to the point I made earlier the democraps try and play both sides of the issue. https://www.forbes.com/sites/rrapier/2016/01/15/president-obamas-petroleum-legacy/?sh=7857f7b9c10f President Obama is walking a fine line in calling attention to this surge of oil production during his presidency for 2 reasons. One is that he wants to be known as a president who took decisive action on climate change. But presiding over a huge surge of oil production isn't exactly synonymous with combating climate change. Unless of course you couch the issue in terms of a reduction in oil imports, and then it sounds kind of like a positive for climate change. But I think the other reason President Obama doesn't spend more time beating the drum on this crude oil production surge is that it is readily apparent that it happened despite his administration, and not because of it. President Obama coincidentally happened to enter office just as the shale oil boom in the U.S. was getting started. In fact, the vast majority of the increase in U.S. oil production occurred on private land. On land that the U.S. government controls, it was a different story. The EIA reported in 2015 that while U.S. oil and gas production overall were surging, production of natural gas on federal lands was declining. Oil production is at about the same level as it was during his first year in office: President Obama's oil production legacy shares a similarity to that of President Jimmy Carter. In 1973 President Nixon pushed through the Trans-Alaska Pipeline Authorization Act, which cleared away legal challenges seeking to stop construction of the pipeline. But the pipeline didn’t start operating until 1977, during President Carter’s first year in office. As a result, after a sharp decline under Presidents Nixon and Ford, oil production rose during Carter’s term. But the production increase during Carter’s first two years in office was a result of decisions made during the Nixon administration. Thus, President Obama's legacy will certainly be that he presided over a dramatic expansion of U.S. oil and gas production. But if you dig a little bit below the surface, you find that there's a lot more to the story than that. 4 minutes ago, Highmark said: https://www.factcheck.org/2012/10/obamas-drilling-denials/ Dubious Denials Obama was wrong to flatly deny that he cut in half the number of new federal permits and leases for oil and natural gas drilling. The number of new offshore leases has plummeted under Obama — falling by more than half, according to the Bureau of Safety and Environmental Enforcement. During Obama’s first term, the U.S. has so far issued 1,304 new offshore leases compared with 3,317 in Bush’s second term — a decrease of 61 percent. The number of new permits for offshore wells also nosedived. The U.S. approved 1,316 new permits during Bush’s second term. The number has fallen to 515 — so far — under Obama, also a 61 percent drop. Thanks Highmark, I didn't have the energy or inclination to just remind Greg how far he has fallen. It's just sad really. He used to be a manly man. 1 Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted February 25, 2022 Share Posted February 25, 2022 9 minutes ago, Highmark said: https://www.factcheck.org/2012/10/obamas-drilling-denials/ Dubious Denials Obama was wrong to flatly deny that he cut in half the number of new federal permits and leases for oil and natural gas drilling. The number of new offshore leases has plummeted under Obama — falling by more than half, according to the Bureau of Safety and Environmental Enforcement. During Obama’s first term, the U.S. has so far issued 1,304 new offshore leases compared with 3,317 in Bush’s second term — a decrease of 61 percent. The number of new permits for offshore wells also nosedived. The U.S. approved 1,316 new permits during Bush’s second term. The number has fallen to 515 — so far — under Obama, also a 61 percent drop. Poor spinwhine Quote Link to comment Share on other sites More sharing options...
spin_dry Posted February 25, 2022 Author Share Posted February 25, 2022 19 minutes ago, Highmark said: Obama benefited from Bush era management of the energy industry, growth in production on private land and technology in that ability to extract more from existing sites. There is a great interview on NBC (think it was meet the press) where the host calls out David Axlerod on this exact point. Goes back to the point I made earlier the democraps try and play both sides of the issue. https://www.forbes.com/sites/rrapier/2016/01/15/president-obamas-petroleum-legacy/?sh=7857f7b9c10f President Obama is walking a fine line in calling attention to this surge of oil production during his presidency for 2 reasons. One is that he wants to be known as a president who took decisive action on climate change. But presiding over a huge surge of oil production isn't exactly synonymous with combating climate change. Unless of course you couch the issue in terms of a reduction in oil imports, and then it sounds kind of like a positive for climate change. But I think the other reason President Obama doesn't spend more time beating the drum on this crude oil production surge is that it is readily apparent that it happened despite his administration, and not because of it. President Obama coincidentally happened to enter office just as the shale oil boom in the U.S. was getting started. In fact, the vast majority of the increase in U.S. oil production occurred on private land. On land that the U.S. government controls, it was a different story. The EIA reported in 2015 that while U.S. oil and gas production overall were surging, production of natural gas on federal lands was declining. Oil production is at about the same level as it was during his first year in office: President Obama's oil production legacy shares a similarity to that of President Jimmy Carter. In 1973 President Nixon pushed through the Trans-Alaska Pipeline Authorization Act, which cleared away legal challenges seeking to stop construction of the pipeline. But the pipeline didn’t start operating until 1977, during President Carter’s first year in office. As a result, after a sharp decline under Presidents Nixon and Ford, oil production rose during Carter’s term. But the production increase during Carter’s first two years in office was a result of decisions made during the Nixon administration. Thus, President Obama's legacy will certainly be that he presided over a dramatic expansion of U.S. oil and gas production. But if you dig a little bit below the surface, you find that there's a lot more to the story than that. Despite all your silly narratives, domestic oil production increased under Obama more than under any other president. 74%. Amazing. Quote Link to comment Share on other sites More sharing options...
gravy davey Posted February 25, 2022 Share Posted February 25, 2022 1 minute ago, spin_dry said: Despite all your silly narratives, domestic oil production increased under Obama more than under any other president. 74%. Amazing. You got fucking Move on. 1 1 Quote Link to comment Share on other sites More sharing options...
s pump Posted February 25, 2022 Share Posted February 25, 2022 3 minutes ago, gravy davey said: You got fucking Move on. He can't. He just can't. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted February 25, 2022 Author Share Posted February 25, 2022 2 minutes ago, gravy davey said: You got fucking Move on. Boom!! Between 2009 and 2015 oil production had increased by 4.4 million BPD. This was the fastest increase in oil production in U.S. history, and marked the largest increase in oil production during a single term of any president. If natural gas liquids (NGLs) are included, the gains during Obama’s first seven years were 6 million BPD. U.S. net imports of finished products like gasoline turned into net exports during Obama’s second term, and next imports of finished products plus crude oil fell by over 6 million BPD. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted February 25, 2022 Platinum Contributing Member Share Posted February 25, 2022 9 minutes ago, spin_dry said: Despite all your silly narratives, domestic oil production increased under Obama more than under any other president. 74%. Amazing. Just stop dude....its really too easy embarrassing you. 1 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted February 25, 2022 Author Share Posted February 25, 2022 5 minutes ago, Highmark said: Just stop dude....its really too easy embarrassing you. You and the GOP'ers can't deal with the facts. Quote Link to comment Share on other sites More sharing options...
Big Crappie Posted February 25, 2022 Share Posted February 25, 2022 (edited) All I know is my companies Oil patch branches in North Dakota and West Texas are looking pretty solid right now. Edited February 25, 2022 by Big Crappie Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Rigid1 Posted February 25, 2022 Platinum Contributing Member Share Posted February 25, 2022 48 minutes ago, gravy davey said: You got fucking Move on. 46 minutes ago, s pump said: He can't. He just can't. It's that silly God complex that always seem to rear it's ugly head over and over and over.. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted February 25, 2022 Platinum Contributing Member Share Posted February 25, 2022 1 hour ago, spin_dry said: You and the GOP'ers can't deal with the facts. Gonna start calling you Headline. Quote Link to comment Share on other sites More sharing options...
hayward Posted February 25, 2022 Share Posted February 25, 2022 1 hour ago, Rigid1 said: It's that silly God complex that always seem to rear it's ugly head over and over and over.. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted February 25, 2022 Author Share Posted February 25, 2022 Just now, Highmark said: Gonna start calling you Headline. No problem, shill Quote Link to comment Share on other sites More sharing options...
spin_dry Posted February 25, 2022 Author Share Posted February 25, 2022 1 hour ago, Big Crappie said: All I know is my companies Oil patch branches in North Dakota and West Texas are looking pretty solid right now. I don’t know how that can possibly be. You gotta be making things up 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted February 25, 2022 Platinum Contributing Member Share Posted February 25, 2022 1 hour ago, spin_dry said: No problem, shill Quote Link to comment Share on other sites More sharing options...
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