Why 'drill, baby, drill' is disingenuous, at best

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The numbers speak for themselves in terms of oil and gas production going up every year since the president has been in office.

Domestic oil production last year averaged 5.6 million barrels a day, the highest output since 2003 and a 4 percent jump since Bush’s final year.

On federal lands and federal offshore waters, oil production fell sharply last year, partly because of the after-effects of the BP spill, but was still 12 percent higher than before Obama became president.

Natural gas production, meanwhile has soared to the highest levels ever, mainly because of the industry’s success in extracting previously unimagined quantities from shale reserves on private and state-owned lands.

The production numbers, drops in fuel demand and improvements in energy efficiency have caused U.S. reliance on petroleum imports to shrink to their lowest levels since the late 1990s, a shrinkage the EIA expects to continue for decades.

http://www.politico.com/news/stories/0312/74120_Page3.html
 
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The Dude said:
Take your aderol. What did Obama do to help oil production?
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Who claimed he did anything to help oil production?

Plenty of Righties like to claim gas prices are high because we aren't drilling enough in the US.

The facts above prove they are lying.

Thanks for playing.
 
\\(())// said:
Who claimed he did anything to help oil production?

Plenty of Righties like to claim gas prices are high because we aren't drilling enough in the US.

The facts above prove they are lying.

Thanks for playing.
Click to expand...
Do we import oil still junior?
Do you know what OPEC is?
And I'm personally very sorry you can't afford a volt!
 
The Dude said:
Do we import oil still junior?
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We have way less of the world's untapped petroleum reserves than we consume, which proves that Righties are wrong when they insist "drill, baby, drill" is an antidote to high gas prices, doesn't it?

Although, as the facts show, we import less now than we did under Bush, the U.S. still depends on imports for almost half its liquid fuel supply, leaving it at the mercy of the whims of the global oil markets. Righties are lying when they claim drilling in ANWR or off our beaches will reduce prices in the long run, aren't they?

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The Dude said:
Do you know what OPEC is?
Click to expand...

You need me to explain it to you? I thought you were supposed to be an 'insider'.

The Dude said:
And I'm personally very sorry you can't afford a volt!
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Who said I can't?
 
Oh so you luv using oil.
We could break OPEC if we could drill, but oil would plummet. I don't want that. Faux outrage on little warmer.
 
The Dude said:
Oh so you luv using oil.
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Did I say that?

The Dude said:
We could break OPEC if we could drill, but oil would plummet.
Click to expand...

Post the proof of that, "insider".

The Dude said:
I don't want that. Faux outrage on little warmer.
Click to expand...

Where'd you get the idea I'm a "warmer"? Did I say I was?

As to what you want, is this about right?


cartoons_033.jpg
 
Residual fuel use, which has been in a steady decline for years, averaged 375,000 barrels a day in February, down 40.2% from a year earlier, and is off 45% for January and February.

Output of gasoline and distillate fuel set record highs for February, the API said.

With refinery production at high levels and domestic demand falling, exports of refined petroleum products increased by 18.1%.



http://www.foxbusiness.com/news/201...n-23-on-yearresidual-use-drops/#ixzz1pT4SZmf1
 
The Dude said:
And what percent do we import from OPEC. U :loveu: OPEC
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Funny that a self-proclaimed "insider" has to ask, isn't it?

The top five sources of US crude oil imports were Canada (2,324 thousand barrels per day), Saudi Arabia (1,465 thousand barrels per day), Mexico (1,099 thousand barrels per day), Venezuela (759 thousand barrels per day) and Nigeria (529 thousand barrels per day). The rest of the top ten sources, in order, were Colombia (510 thousand barrels per day), Iraq (403 thousand barrels per day), Ecuador (299 thousand barrels per day), Angola (283 thousand barrels per day) and Russia (275 thousand barrels per day). Total crude oil imports averaged 9,006 thousand barrels per day, which is a decrease of (16) thousand barrels per day from 2011.

ftp://ftp.eia.doe.gov/pub/oil_gas/p...ons/company_level_imports/current/import.html

Even without additional drilling, the United States is an energy powerhouse, and is becoming increasingly more so.
0:00 / 2:37 Turning farmland into oil fields

As of the end of 2011, the United States was producing 10.4 million barrels of oil a day, according to the Energy Information Administration.

That's more than Saudi Arabia's 9.8 million barrels per day.


By 2030 the world is expected to consume over 100 million barrels of oil per day, and it's unclear what impact an additional 10% would have on prices.


http://money.cnn.com/2012/02/27/news/economy/oil_boom/index.htm

Pwn yourself some more, Stoner Groaner, and don't forget to claim you are better-educated than others while continuing to post gibberish and misspellings.

It's hilarious.
 
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