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Old 11-14-2013, 09:07 AM
 
48,516 posts, read 83,664,057 times
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For first time in decades US produced more crude than it import in October. This despite no energy policy and the politics involved. Shows that the markets are still all powerful and American can achieve what they set their minds to as always. The promise made by every US president since Carter thru Bush II.
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Old 11-14-2013, 09:12 AM
 
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remember when libs scoffed at 'drill baby drill' ?
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Old 11-14-2013, 09:14 AM
 
Location: Here
10,864 posts, read 11,904,421 times
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Quote:
Originally Posted by uggabugga View Post
remember when libs scoffed at 'drill baby drill' ?
Now they're cheering since this is the only field producing actual jobs.
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Old 11-14-2013, 09:34 AM
 
Location: Sector 001
7,233 posts, read 6,423,528 times
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link please.
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Old 11-14-2013, 09:36 AM
 
Location: Florida
62,634 posts, read 34,138,335 times
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Quote:
Originally Posted by texdav View Post
For first time in decades US produced more crude than it import in October. This despite no energy policy and the politics involved. Shows that the markets are still all powerful and American can achieve what they set their minds to as always. The promise made by every US president since Carter thru Bush II.
Yes, this is very good news. The prediction was that US will be the biggest oil producer on the planet by 2020, but that was recently moved to 2015 due to the strength of the current domestic oil boom.
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Old 11-14-2013, 09:43 AM
 
26,181 posts, read 18,884,167 times
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Originally Posted by stockwiz View Post
link please.
google.
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Old 11-14-2013, 10:36 AM
 
Location: San Francisco
9,033 posts, read 8,713,420 times
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Remind us why we need Keystone XL again?
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Old 11-14-2013, 10:44 AM
 
Location: Montreal, Quebec
15,087 posts, read 11,972,319 times
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Good. That means you won't be needing the Keystone Pipeline?
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Old 11-14-2013, 10:45 AM
 
Location: San Diego, CA
10,583 posts, read 8,256,323 times
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IIRC, drilling and opening new wells on land leased from the Fed for the purpose, has been completely blocked.

All increases in oil production, has come on privately-owned land. Usually after spending $millions on lawyers to get past the roadblocks thrown up government, environmentalists, and other such despots.
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Old 11-14-2013, 10:54 AM
 
Location: Florida
62,634 posts, read 34,138,335 times
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They have granted about 20 000 new permits and leases, and soon US will be #1 producer. Why is that not good enough? It seems some people are not happy unless all drilling takes place on federal land. Why?
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