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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: steve harris who wrote (100740)9/4/2011 1:55:37 PM
From: Wharf Rat  Read Replies (2) | Respond to of 149317
 
"the area in the Eastern Gulf of Mexico that remains under a congressional moratorium,"

"the Mid and South Atlantic planning areas are no longer under consideration for potential development through 2017" which means there is no moratorium cuz there was nothing to halt cuz there was nothing going on cuz there is no oil, no infrastructure to support the oil that isn't there, and no interest from the oil companies to explore for the oil that isn't there, cuz they have already looked, more than once. It also means the continuation of another Bush policy.

T"he Western Gulf of Mexico, Central Gulf of Mexico, the Cook Inlet, and the Chukchi and Beaufort Seas in the Arctic will continue to be considered for potential leasing before 2017"

Nice try, tho. He's actually talking about opening up places Shrub dared not go. It's an "only Nixon can go to China" thing.



To: steve harris who wrote (100740)9/23/2011 8:55:07 PM
From: Nicholas Thompson  Read Replies (2) | Respond to of 149317
 
FYI Oil production in the lower 48 of the USA has been going up for the last two years, gas production is going through the roof and wind/solar/geothermal sources are gaining fast. That, along with energy conservation of all types including pricing mechanisms not only is lowering our imports of petroleum products vis-a-via where it might otherwise be but also is helping to damp down energy costs over where they would otherwise be.

Also there is a shortage of drilling rigs in some areas , particularly ultra-deep water rigs, as well as a shortage of qualified oil field operators of various kinds. It does not matter much at all if there were to be some out years delays in domestic offshore oil production, if deep offshore oil drilling technology gets more productive and less expensive as a result of our waiting now, US oil production figures in out years are unlikely to change much if at all, and might even be higher................

An important issue which could, however, slow domestic fossil fuel production growth , especially gas, is ,obviously the fracking issue. I wonder how that will play out.

I actually think even with Alaska production tailing off our overall fossil fuels production is up since latter 2009, but will check.

fs the tech. gets less expensive from the