Saudis Switch To Solar, Nuclear At Home, Saving Oil For Export

It seems like the Saudi's have a better long-term energy plan than we do....

Funding renewables with fossil fuel profits.....


Even they know that the pile of money they're sitting on won't last forever.

 

Of course they do pump lots of oil whereas the libs in this country discourage oil production.

 

US reserves are quite small.. Even if we open up every where to drilling we'd be lucky to extract another 2 million barrels a day.

 

I first heard it on conservative talk radio.

But the source was the Washington Post.

Should we put them on the censored list also?

http://www.washingtonpost.com/polit...ra-was-risky/2011/09/15/gIQAPacpVK_story.html

 

Then can we set up a preserve for the dunes sagebrush lizard?

http://www.forbes.com/sites/larrybell/2011/05/10/stop-the-drilling-a-lizard-is-imperiled/

 

Sure, what would the US do with a measly $160 million dollars a day?

I know!

Obama could teach more African men how to clean their penis.

 

Why not?????

 

http://www.foxnews.com/us/2011/02/10/new-drilling-method-opens-vast-oil-fields/

So you think increasing our production by over 23% would not be significant?

 

Aside from the nuclear part, we should be doing the same.

 

Not to mention that oil is crude and we need to phase it out in favor of natural gas and other cleaner resources. I don't understand why we are not doing this. We have plenty of natural gas. It makes sense economically and environmentally.

 

The US has the highest lift costs in the world.. so the temptation to cut costs by neglecting safety is high.

See Deepwater Horizon.....

 

The libs must be boiling at Obama then.....he's increased oil production substantially.

 

I'll be convinced only when the projections are reality. How'd going green work out for Spain?

 

Considering the 5-10 year lead time on new production, credit for the increase that you are so proud of belongs to Bush and Cheney.

 

Bush and Cheney were great oil guys......and we burnt a lot of that oil mobilizing our military on their account. I give them plenty of credit for that. However, there is no such lead time for curbing production......it can be done immediately.....and Obama's apparently not doing it.

Let me know when that oil production graph starts to vector down like it did over the whole course of Reagan's tenure, Clinton's tenure and GWB's tenure.....

 

Is that your best excuse for Obama?

He didn't produce any new oil but at least he didn't prevent existing Bush/Cheney oil production from reaching the market?

 

That increase is more a result of the Bakken formation than anything Obama did. And they are trying to shut it down, just give him and his EPA a little more time.

http://en.wikipedia.org/wiki/Bakken_formation

"New rock fracturing technology available starting in 2008 has caused a recent boom in Bakken production. By the end of 2010 oil production rates had reached 458,000 barrels (72,800 m3) per day outstripping the capacity to ship oil out of the Bakken.[7][8] The production technology gain has led a veteran industry insider to declare the USGS estimates are too low.[9]"

 

That's a phoney premise that oil exploration has halted under Obama.

No. It's evidence that Obama is not harming oil production as some contend.

If he were harming it or hated that we were doing it, there are actions he could take to make it tail off immediately instead of continue to increase.

If Obama gets blame at this point for the economy, which I think he deserves, then conversely, at this point, he deserves credit for keeping domestic oil production on the uptick.

You look at Reagan in terms of increasing oil production = Fail
You look at Bush Sr. in terms of increasing oil production = Fail
You look at Clinton in terms of increasing oil production = Fail
You look at GWB in terms of increasing oil production = Nothing for 9 years, then an uptick for his 10th year.



If GWB gets credit for finally fostering success in increasing oil production for a year, then Obama gets credit for sustaining it for 2+ years.....and I don't see anything to blame him about, in this regard, unless oil production starts to go down as it did for the preceding 30 years or so.

 

Gulf of Mexico: http://www.nola.com/news/gulf-oil-spill/index.ssf/2010/06/25_gulf_oil_rigs_shutting_down.html

Gulf of Mexico: http://www.nola.com/news/gulf-oil-spill/index.ssf/2010/06/interior_lists_oil_drilling_op.html

Texas: http://www.forbes.com/sites/larrybell/2011/05/10/stop-the-drilling-a-lizard-is-imperiled/

Drilling in general: http://www.forbes.com/2011/07/11/oil-drilling-economy.html

 

When the PPB was low, they didn't invest in exploration or drilling.. Our students didn't study petroleum engineering and nobody was ordering new rigs.

 

Nice attempt to substitute some links for a counter-argument, but.......


Most of those rigs resumed drilling or were permitted to resume drilling 2 months after your first 2 articles.

http://www.csmonitor.com/USA/Latest-News-Wires/2010/1012/Offshore-oil-rigs-can-resume-deep-water-drilling-as-Obama-moratorium-is-lifted

The latter 2 articles are opinion pieces that actually cite fears about halting that never actually happened.


Feel free to cite any facts about the increase or decrease in domestic oil production.

 

Maybe not halted but slowed under Obama.

I think he wishes he could halt it so that America would have no choice except solar energy but the public won't stand for that so he just drags his feet whenever he can.

 

Yes, oil production continues to go up all the time, but it could be going faster, sure.

His secret wishes are definitely debatable and unconfirmible........ I only cite his track record and results.

 

Im all for Nuke power but we got too many dam tree huggers.

Solar just isnt viable for many reasons.


There are HUGE areas in America that are desolate like in Nevada that would be perfect for Nuke power.

 

It's no secret to the Obama critics.

He told us that energy prices would rise under his rule and for once he didn't lie.

[ame="http://www.youtube.com/watch?v=HlTxGHn4sH4"]Obama: My Plan Makes Electricity Rates Skyrocket - YouTube[/ame]