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Old 03-28-2018, 06:04 PM
 
Location: ATX/Houston
1,852 posts, read 561,694 times
Reputation: 467

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U.S. Oil & Gas Exports Hit All-Time High

Quote:
U.S. energy exports rose to record levels last year, with both petroleum and natural gas posting record-highs as the shale boom and the second full year of no restrictions on crude oil exports boosted overseas shipments of liquefied natural gas (LNG) and oil....
Have to give props for the Obama Administration for approving all the refineries, LNG export terminals, and pipelines needed to support this! Also for Congress and the Obama Admin for working together to get rid of the regulations preventing export!
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Old 03-28-2018, 08:36 PM
 
Location: Here.
13,912 posts, read 12,663,878 times
Reputation: 16315
Id rather we kept it for ourselves since it is a finite resourse, but, oh well, its not like future generations wont have bigger things to worry about.
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Old 03-29-2018, 06:16 PM
 
Location: ATX/Houston
1,852 posts, read 561,694 times
Reputation: 467
Quote:
Originally Posted by Retroit View Post
Id rather we kept it for ourselves since it is a finite resourse, but, oh well, its not like future generations wont have bigger things to worry about.
There's quite a lot of it, not to mention our energy security relies on a mix of sources.
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Old 03-29-2018, 06:24 PM
 
15,435 posts, read 5,251,201 times
Reputation: 5934
Quote:
Originally Posted by okcthunder1945 View Post
U.S. Oil & Gas Exports Hit All-Time High

Have to give props for the Obama Administration for approving all the refineries, LNG export terminals, and pipelines needed to support this! Also for Congress and the Obama Admin for working together to get rid of the regulations preventing export!
I agree but I would rather have it here in the US and bring the price down for the US consumer.
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Old 03-29-2018, 06:27 PM
 
26,990 posts, read 9,161,896 times
Reputation: 9402
Quote:
Originally Posted by G1.. View Post
I agree but I would rather have it here in the US and bring the price down for the US consumer.
I'm not sure that's a good idea. Obama didn't think of it.
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Old 03-29-2018, 06:27 PM
 
Location: The Republic of Texas
66,574 posts, read 33,889,281 times
Reputation: 14285
Quote:
Originally Posted by G1.. View Post
I agree but I would rather have it here in the US and bring the price down for the US consumer.


We don't have the storage capabilities. No one planned, much less predicted that the USA would be the world biggest oil producer.
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Old 03-29-2018, 06:41 PM
 
26,304 posts, read 12,883,246 times
Reputation: 12551
Quote:
Originally Posted by BentBow View Post
We don't have the storage capabilities. No one planned, much less predicted that the USA would be the world biggest oil producer.
Agreed. Fracking turned out to be pretty significant, and the costs for it rapidly dropped. It also resulted in massive natural gas production.
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