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Wed Oct 24, 2012, 11:46 AM

Feather in Obama's cap--mke it go viral! US May soon become world's TOP

oil producer! There goes another Romney talking point down the drain.

..


NEW YORK (AP) U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the world's biggest producer.

Driven by high prices and new drilling methods, U.S. production of crude and other liquid hydrocarbons is on track to rise 7 percent this year to an average of 10.9 million barrels per day. This will be the fourth straight year of crude increases and the biggest single-year gain since 1951.

The boom has surprised even the experts.

"Five years ago, if I or anyone had predicted today's production growth, people would have thought we were crazy," says Jim Burkhard, head of oil markets research at IHS CERA, an energy consulting firm.

The Energy Department forecasts that U.S. production of crude and other liquid hydrocarbons, which includes biofuels, will average 11.4 million barrels per day next year. That would be a record for the U.S. and just below Saudi Arabia's output of 11.6 million barrels. Citibank forecasts U.S. production could reach 13 million to 15 million barrels per day by 2020, helping to make North America "the new Middle East."



http://news.yahoo.com/us-may-soon-become-worlds-top-oil-producer-173753430--finance.html

9 replies, 1490 views

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Reply Feather in Obama's cap--mke it go viral! US May soon become world's TOP (Original post)
courseofhistory Oct 2012 OP
lalalu Oct 2012 #1
Mz Pip Oct 2012 #3
whttevrr Oct 2012 #7
lalalu Oct 2012 #9
intheflow Oct 2012 #2
democrat_patriot Oct 2012 #4
Hutzpa Oct 2012 #6
Hutzpa Oct 2012 #5
begin_within Oct 2012 #8

Response to courseofhistory (Original post)

Wed Oct 24, 2012, 11:50 AM

1. Still have a yahoo account from years ago.

 

It's the email I give out to people and companies I don't want to bother me. I check occasionally and notice their news and comment section is like a rightwing symposium. What happened to them?

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Response to lalalu (Reply #1)

Wed Oct 24, 2012, 11:59 AM

3. I keep mine

For the same reason - so I can log into sites that spam a lot. Every couple of weeks I go in and delete all the crap from newsmax, etc. I get hundreds of emails, all crap at that account. I keep no address book so I don't have to worry about it being hacked

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Response to lalalu (Reply #1)

Wed Oct 24, 2012, 12:19 PM

7. When FOX closed their comment section...

All other sites became polluted.

FOX fired them up and then set them loose on the interwebz.

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Response to whttevrr (Reply #7)

Wed Oct 24, 2012, 04:27 PM

9. Fox closed their comment section?

 

That sounds like a good explanation of what is going on. I have also seen more rightwing comments at other sites that are usually moderate.

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Response to courseofhistory (Original post)

Wed Oct 24, 2012, 11:59 AM

2. I wouldn't exactly call that a feather in his cap.

I think it's shameful that we're on track to become the top oil producer. What about the top wind/solar producer? The only upside of this is that it kills a Republican talking point.

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Response to intheflow (Reply #2)

Wed Oct 24, 2012, 12:03 PM

4. God that it knocks down their point, but bad for everyhting else.


Like you know; air and water.

O has said he doubled wind and solar - maybe we can be top producer of renewable energy in the 2nd term.

What if all we has was wind, solar and hydro power here? (And yes, gas for cars etc.) but the rest was all renewable?

How is that bad for anybody outside of an oil company?

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Response to intheflow (Reply #2)

Wed Oct 24, 2012, 12:08 PM

6. Rome was not build in a day

give it time.

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Response to courseofhistory (Original post)

Wed Oct 24, 2012, 12:06 PM

5. Next thing will be to figure out how to reduce high gas prices.

High gas prices continue to be a burden on low income families, once this is reduced we will then see the economy unfold to it's fullest capabilities.




FORWARD!

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Response to courseofhistory (Original post)

Wed Oct 24, 2012, 12:20 PM

8. Is it because of "Drill, baby drill!"

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