Pay attention America; WE HAVE BEEN SCREWED, and I can’t think of any nicer way to say it.
We’ve been screwed by Liberal politicians, tree huggers, Greenies, anti-oil people and by those that control drilling and exploration.
I have long advocated; the USA is NOT out of oil, we never have been, and quite likely may never be.
U.S. oil gusher blows out projections
After declining to levels not seen since the 1940s, U.S. crude production began rising again in 2009. Drilling rigs have rushed into the nation’s oil fields, suggesting a surge in domestic crude is on the horizon.
The number of rigs in U.S. oil fields has more than quadrupled in the past three years to 1,272, according to the Baker Hughes rig count. Including those in natural gas fields, the United States now has more rigs at work than the entire rest of the world.
“It’s staggering,” said Marshall Adkins, who directs energy research for the financial services firm Raymond James. “If we continue growing anywhere near that pace and keep squeezing demand out of the system, that puts you in a world where we are not importing oil in 10 years.” SOURCE
There is no excuse for the USA to import oil from ANY nation, we are literally swimming in oil, and have been for ages.
The Eagle Ford Shale in South Texas, the Permian Basin in West Texas, and the Bakken Shale in North Dakota have been hubs of the domestic crude boom. They now make up about 40 percent of the nation’s land-based oil production, noted Adkins, the Raymond James analyst. He projects that proportion will grow to two-thirds by 2015
The above paragraph mentions 3 huge producers, oil fields that are not being tapped to capacity. It doesn’t mention ANWR, the Arctic National Wildlife Preserve, and it mentions nothing about Canadian oil sands or the possibilities that they present if the USA were to go ahead with the Keystone XL pipeline and its implementation.
Keystone XL will play an important role in linking a secure and growing supply of Canadian and American crude oil with the largest refining markets in the United States, significantly improving North American security supply. Keystone XL will have the capacity to transport 830,000 barrels of oil per day to Cushing, Oklahoma and Gulf Coast refineries. Approximately 25 per cent of the oil delivered by Keystone XL will be American crude from the Bakken oilfields in Montana and North Dakota and from Cushing, with the remaining capacity supplied by Canadian oil sands. Together with the existing two phases of the Keystone Pipeline, the entire system would be able to transport 1.3 million barrels per day. SOURCE
But WHO just pooped all over the Keystone XL pipeline project?
On Wednesday, the State Department announced that it recommended rejecting the application of TransCanada Corp. to build the Keystone XL oil pipeline, and Mr. Obama concurred. The project would have transported heavy, oil-like bitumen from Alberta — and, potentially, from unconventional oil deposits in states such as Montana — to U.S. refineries on the Gulf of Mexico coast. SOURCE
Obama and the State Department, that’s WHO! Need I say more?
Barack Hussein Obama and Hillary Clinton, the President and the Secretary of State, put an immediate STOP to any and all discussion of the Keystone XL pipeline, and, therefore, hurt the American people by way of killing JOBS and further hurt the American economy through not only those job loses, but the loss of untold MILLIONS of gallons of gasoline, AMERICAN gasoline, for the American consumer.
People in the know, people that support the oil industry and American production, have known for a very long time, there is NO oil shortage, there is price manipulation. That’s it.
About a year ago I presented this piece: New report says U.S. has largest fossil fuel reserves in world, offering information about oil reserves and just how much we have right here in the good old USA.
Back in Sept. of 2008 I posted this piece: Ever heard of the Bakken Oil Formation?.
Now someone please explain to me how an uneducated, dumb redneck from Texas can find information like this, and easily see the feasibility of producing the oil that these fields contain, when our own government can’t see it, and won’t even entertain the notion of trying to obtain that oil, thus freeing us from the Arab oil trap?
I am not the only one to see the so-called oil shortages and supply problems for what they are. See this piece from early 2005: Oil Fields Are Refilling…Naturally – Sometimes Rapidly – There Are More Oil Seeps Than All The Tankers On Earth.
The *NEW* sources in the Gulf may NOT be economically feasible, but Bakken, ANWR, Canadian oil sands and the Keystone XL pipeline are ALL feasible. All it takes is a U.S. government with the BALLS to stand up and make it happen.