Oil Production WAAAAY Up in Obama Years: Um, Conks???

[Cap'n Cat]

The Chart of the Month comes from the Wall Street Journal.

“The figure reflects a huge surge in U.S. oil drilling, up nearly 60 percent in the past year and the highest total since at least 1987, when oil services company Baker Hughes Inc. began keeping track,” notes the WSJ.

Poor Barack Obama. He opens up the country to a drilling spree — and naturally progressives are pissed because, well, we care about things like clean air, clean water, and a livable climate.

But conservatives are strangely ungrateful, too! They blame Obama’s supposed anti-drilling policies. So Mitt Romney said earlier this year, “People are hurting, gasoline’s expensive, and the policies of this administration that have focused solely on green technologies are not keeping the cost of gasoline down.”

Darn you, Barack Obama, for only quadrupling the number of oil drilling rigs in the U.S.!

The fact is, oil prices soared despite both record drilling and the highest domestic oil production levels in almost a decade. It should be obvious that yet more drilling can’t have any significant impact on oil prices — particularly since the U.S. Energy Information Administration (EIA) has been making that precise point for years now.

Here is an update from a chart we did earlier this year of U.S. oil production using EIA data, including the first six months of this year:





The only thing that can protect Americans from the inevitably increasing oil shocks of peak oil is an aggressive strategy to reduce the country’s oil consumption and intensity (oil/GDP), including a steady increase in the fuel efficiency of our vehicles — policies that conservatives have fought for decades, but that Obama has made a reality.


Where is the drilling? The WSJ reports:

The drilling boom is being driven by a variety of factors. New technologies have allowed companies to tap vast new oil reserves in places like North Dakota, Texas and, most recently, Ohio. High oil prices are making once-unprofitable fields more tempting …

All that drilling is helping to boost U.S. oil production. The U.S. pumped 3.9 million barrels a day from onshore fields in March, up 5.9 percent from a year earlier, and the most in nearly a decade.

And yet gasoline prices remains stuck at much higher levels than a year ago. Where is the love from the oil companies?


Spin away, Palin Drillers!!

[citdog]

he's gotta have something to fry that chicken in.

[BDKJMU]

Since it takes 5 years for an oil well to come online. thank you George W Bush.

[Cap'n Cat]

Since it takes 5 years for an oil well to come online. thank you George W Bush.

Um, Obama coulda shit on it with the stroke of a pen in Jan, '09, Flipper, so......


And you missed this in the text, Smedley:

"High oil prices are making once-unprofitable fields more tempting …"

[D1B]

Since it takes 5 years for an oil well to come online. thank you George W Bush.

Um, Obama coulda shit on it with the stroke of a pen in Jan, '09, Flipper, so......


And you missed this in the text, Smedley:

"High oil prices are making once-unprofitable fields more tempting …"

[BDKJMU]

Notice how Capt Douche conveniently didn't give the link for the lefty rag he got this article from:
http://thinkprogress.org/romm/2011/08/3 ... ?mobile=nc" onclick="window.open(this.href);return false;

[Cap'n Cat]

Notice how Capt Douche conveniently didn't give the link for the lefty rag he got this article from:
http://thinkprogress.org/romm/2011/08/3 ... ?mobile=nc" onclick="window.open(this.href);return false;

WRONG!!!!!

Heard it on the Rachel Maddow Show last night. Found the info at Grist.org. Info is from the US EIA (http://www.eia.gov/" onclick="window.open(this.href);return false;) bitch. If it's wrong, refute it, Munchkin.



I'm too fast, too smart and too good looking for you, BoDunK.

[BDKJMU]

Notice how Capt Douche conveniently didn't give the link for the lefty rag he got this article from:
http://thinkprogress.org/romm/2011/08/3 ... ?mobile=nc" onclick="window.open(this.href);return false;

WRONG!!!!!

Heard it on the Rachel Maddow Show last night. Found the info at Grist.org. Info is from the US EIA, bitch. If it's wrong, refute it, Munchkin.



I'm too fast, too smart and too good looking for you, BoDunK.

The article you pasted is a word for word copy from ThinkProgress.

[D1B]

Notice how Capt Douche conveniently didn't give the link for the lefty rag he got this article from:
http://thinkprogress.org/romm/2011/08/3 ... ?mobile=nc" onclick="window.open(this.href);return false;

BDK - what a pussy!

[Cap'n Cat]

WRONG!!!!!

Heard it on the Rachel Maddow Show last night. Found the info at Grist.org. Info is from the US EIA, bitch. If it's wrong, refute it, Munchkin.



I'm too fast, too smart and too good looking for you, BoDunK.

The article you pasted is a word for word copy from ThinkProgress.

Cool! They know Conks lie, too, then.

Go to Grist.org. Better yet, Schmuely, refute the information. Come on, Conk Boy! Grow some balls and quit hiding in the periphery!

[BDKJMU]

‘We absolutely need safe, responsible oil production here in America,” President Obama said during a speech last week in Miami. “That’s why,” in the midst of increasingly troubling warnings about record-high summer gas prices, the president promised to “make available more than 75 percent of our potential offshore oil and gas resources, from Alaska to the Gulf of Mexico” and take “the next steps towards energy exploration in the Arctic.”

Even as the president set out his plan to open new, urgently needed drilling sites, he took credit for already opening vast swaths of land to drilling, saying that, “under my administration, America is producing more oil today than at any time in the last eight years.” America has “a record number of oil rigs operating right now — more working oil and gas rigs than the rest of the world combined.”

An Institute for Energy Research report shows that, indeed, American oil production is rising. However, this has nothing to do with Obama’s administration. The rise in overall oil production comes from state and private land. Since 2000, oil production on state and private land has increased 11 percent. Last year, state-land production jumped 14 percent. Production on privately held land went up 12 percent. The report singled out the Bakken wells, which are located on a privately held formation in North Dakota and which saw a 250 percent increase in production over the last decade. According to the report, oil production has actually gone down by 44 percent on federal lands over the same span. Last year alone, oil production on federal land decreased by 11 percent.

This decrease in oil produced on federal lands should surprise no one. After all, in 2008 Obama declared that he’d be the “president who will free this nation from the tyranny of oil once and for all.” One of his administration’s first moves upon taking office was to cancel 77 leases auctioned off at the end of 2008, which covered over 100,000 acres and were sold for $6 million. Secretary of the Interior Ken Salazar claimed that the leases had been granted hastily and without the proper environmental analysis, the “midnight” before the Bush administration was to leave office. Though the leases were sold in December 2008, this was just the end of a seven-year process, according to the Department of Interior itself. Nevertheless, these leases still haven’t been reinstated.

This early decision established a trend for the Obama administration, which continues today. In February, the administration rescinded plans drawn up during the Bush years to open land in Colorado, Wyoming, and Utah for shale-gas exploration. This area includes the Great River Formation, reported by the Rand Corporation to hold between 1.5 and 1.8 trillion barrels of crude oil. Overall, the American Petroleum Institute claims that leases on federal lands are down 44 percent from 2007.

Obama’s policies have had the same effect on offshore drilling. After the Bush administration ended the moratorium on offshore drilling (and even then, only after oil hit $147 a barrel), the entire Outer Continental Shelf (OCS) was available for leasing. As a result of the Deepwater Horizon spill in 2010, Obama enacted a moratorium on permits for new deepwater oil wells (a “permitatorium”). The Interior Department didn’t approve another permit for a new well in more than 500 feet of water until February 28, 2011. Even now, the administration plans to open only part of the OCS. According to the report from the Institute for Energy Research, “a mere 2.2% of taxpayer-owned offshore areas are leased.”

Presidential campaigns always compel candidates to make dubious promises. The president’s vow to deliver increased oil production is something quite different: New drilling is something that Obama claims already to have successfully delivered to the American people, but that his administration has actually been fighting against since it took office. In the annals of campaign rhetoric, this is something much rarer.
http://www.nationalreview.com/articles/ ... nash-keune" onclick="window.open(this.href);return false;

[BDKJMU]

The article you pasted is a word for word copy from ThinkProgress.

Cool! They know Conks lie, too, then.

Go to Grist.org. Better yet, Schmuely, refute the information. Come on, Conk Boy! Grow some balls and quit hiding in the periphery!

Done.

[D1B]

‘We absolutely need safe, responsible oil production here in America,” President Obama said during a speech last week in Miami. “That’s why,” in the midst of increasingly troubling warnings about record-high summer gas prices, the president promised to “make available more than 75 percent of our potential offshore oil and gas resources, from Alaska to the Gulf of Mexico” and take “the next steps towards energy exploration in the Arctic.”

Even as the president set out his plan to open new, urgently needed drilling sites, he took credit for already opening vast swaths of land to drilling, saying that, “under my administration, America is producing more oil today than at any time in the last eight years.” America has “a record number of oil rigs operating right now — more working oil and gas rigs than the rest of the world combined.”

An Institute for Energy Research report shows that, indeed, American oil production is rising. However, this has nothing to do with Obama’s administration. The rise in overall oil production comes from state and private land. Since 2000, oil production on state and private land has increased 11 percent. Last year, state-land production jumped 14 percent. Production on privately held land went up 12 percent. The report singled out the Bakken wells, which are located on a privately held formation in North Dakota and which saw a 250 percent increase in production over the last decade. According to the report, oil production has actually gone down by 44 percent on federal lands over the same span. Last year alone, oil production on federal land decreased by 11 percent.

This decrease in oil produced on federal lands should surprise no one. After all, in 2008 Obama declared that he’d be the “president who will free this nation from the tyranny of oil once and for all.” One of his administration’s first moves upon taking office was to cancel 77 leases auctioned off at the end of 2008, which covered over 100,000 acres and were sold for $6 million. Secretary of the Interior Ken Salazar claimed that the leases had been granted hastily and without the proper environmental analysis, the “midnight” before the Bush administration was to leave office. Though the leases were sold in December 2008, this was just the end of a seven-year process, according to the Department of Interior itself. Nevertheless, these leases still haven’t been reinstated.

This early decision established a trend for the Obama administration, which continues today. In February, the administration rescinded plans drawn up during the Bush years to open land in Colorado, Wyoming, and Utah for shale-gas exploration. This area includes the Great River Formation, reported by the Rand Corporation to hold between 1.5 and 1.8 trillion barrels of crude oil. Overall, the American Petroleum Institute claims that leases on federal lands are down 44 percent from 2007.

Obama’s policies have had the same effect on offshore drilling. After the Bush administration ended the moratorium on offshore drilling (and even then, only after oil hit $147 a barrel), the entire Outer Continental Shelf (OCS) was available for leasing. As a result of the Deepwater Horizon spill in 2010, Obama enacted a moratorium on permits for new deepwater oil wells (a “permitatorium”). The Interior Department didn’t approve another permit for a new well in more than 500 feet of water until February 28, 2011. Even now, the administration plans to open only part of the OCS. According to the report from the Institute for Energy Research, “a mere 2.2% of taxpayer-owned offshore areas are leased.”

Presidential campaigns always compel candidates to make dubious promises. The president’s vow to deliver increased oil production is something quite different: New drilling is something that Obama claims already to have successfully delivered to the American people, but that his administration has actually been fighting against since it took office. In the annals of campaign rhetoric, this is something much rarer.
http://www.nationalreview.com/articles/ ... nash-keune" onclick="window.open(this.href);return false;

Lemoney Snickets,

Here it is again, dumbass.

Um, Obama coulda shit on it with the stroke of a pen in Jan, '09, Flipper, so......

And you missed this in the text, Smedley:

"High oil prices are making once-unprofitable fields more tempting …"

[D1B]

Cool! They know Conks lie, too, then.

Go to Grist.org. Better yet, Schmuely, refute the information. Come on, Conk Boy! Grow some balls and quit hiding in the periphery!

Done.

National Review, Huh?

[BDKJMU]

Done.

National Review, Huh?

No less credible than ThinkProgress.

[Cap'n Cat]

National Review, Huh?

No less credible than ThinkProgress.

There's always Conks like this.

Oil production is WAAAAY up during Obama's years, BoDunK. Refute it.

[BDKJMU]

No less credible than ThinkProgress.

There's always Conks like this.

Oil production is WAAAAY up during Obama's years, BoDunK. Refute it.

The price of gas is WAAAAY up during Obama's years, more than doubled. Refute it.

[Cap'n Cat]

There's always Conks like this.

Oil production is WAAAAY up during Obama's years, BoDunK. Refute it.

And I have.

You've proven that oil production DOWN since Obammy came to office, Fugly, despite govt data to the contrary? What, did Obama personally rig that chart, you dork?



I'll take your lameness as surrender, Fluffy.

[Cap'n Cat]

There's always Conks like this.

Oil production is WAAAAY up during Obama's years, BoDunK. Refute it.

The price of gas is WAAAAY up during Obama's years, more than doubled. Refute it.

It certainly is. Why don't you educate us as to why, Blubber Brains?

Come on. Courage, little man!

[BDKJMU]

And I have.

You've proven that oil production DOWN since Obammy came to office, Fugly, despite govt data to the contrary? What, did Obama personally rig that chart, you dork?



I'll take your lameness as surrender, Fluffy.

I've proven that it has nothing to do with Obama. And like I said, gas proces are WAAAYYY up under Obama. Refute that, fatso.

[Cap'n Cat]

You've proven that oil production DOWN since Obammy came to office, Fugly, despite govt data to the contrary? What, did Obama personally rig that chart, you dork?



I'll take your lameness as surrender, Fluffy.

I've proven that it has nothing to do with Obama. And like I said, gas proces are WAAAYYY up under Obama. Refute that, fatso.

Um, read above, Bubbles.



God, these fvcks who can't read......how do they get into, then out of JMU????

[JohnStOnge]

As the article indicated in one part you didn't bold, it's due to technological advances. I have no doubt that the increase would have been greater had McCain won the last Presidential election.

[FargoBison]

This has absolutely nothing to do with Obama, if anything he has made it less than it should be.

You can thank ND and technology/fracking for the increase in production.

[Bronco]

-
Obama gets a Pants on Fire award for claiming any responsibility for increasing oil drilling.
But for the short attention span of the news cycle he wins because not many look into it and still believe him

Not for long it will be a great summer of telling the truth

Does Obama deserve any credit for this or is it all those oil drilling permits former President G. W. Bush issued? Bush increased oil drilling permits 70% from the Clinton era. Let's see how Obama is doing issuing new offshore oil drilling permits



The truth is there has been a 69 percent reduction in the number of offshore drilling plans approved under President Obama. It also takes 52% longer for the lucky few to get a permit approved.




Even former President Bill Clinton thinks Obama's oil drilling permit delays are ridiculous.
http://www.politico.com/news/stories/0311/51150.html" onclick="window.open(this.href);return false;

Charts via Institute for Energy Research.

[Bronco]

5 Biggest Whoppers In Obama's Energy Speech

Energy: The White House billed President Obama's energy policy speech as a response to mounting criticism of record high gas prices. What he delivered was a grab bag of excuses and outright falsehoods.

Obama's main message to struggling motorists was: It's not my fault, so stop whining. The speech only got worse from there, recycling excuses and myths that Obama's peddled for years. But there were some standout whoppers that deserve debunking. The five biggest:

"We're focused on production."
Fact: While production is up under Obama, this has nothing to do with his policies, but is the result of permits and private industry efforts that began long before Obama occupied the White House.
Obama has chosen almost always to limit production. He canceled leases on federal lands in Utah, suspended them in Montana, delayed them in Colorado and Utah, and canceled lease sales off the Virginia coast.

His administration also has been slow-walking permits in the Gulf of Mexico, approving far fewer while stretching out review times, according to the Greater New Orleans Gulf Permit Index. The Energy Dept. says Gulf oil output will be down 17% by the end of 2013, compared with the start of 2011. Swift Energy President Bruce Vincent is right to say Obama has "done nothing but restrict access and delay permitting."

"The U.S. consumes more than a fifth of the world's oil. But we only have 2% of the world's oil reserves."
Fact: Obama constantly refers to this statistic to buttress his claim that "we can't drill our way to lower gas prices." The argument goes that since the U.S. supply is limited, it won't ever make a difference to world prices.

It's bogus. New exploration and drilling technologies have uncovered vast amounts of recoverable oil.
In fact, the U.S. has a mind-boggling 1.4 trillion barrels of oil, enough to "fuel the present needs in the U.S. for around 250 years," according to the Institute for Energy Research. The problem is the government has put most of this supply off limits.

"Because of the investments we've made, the use of clean, renewable energy in this country has nearly doubled."
Fact: Production of renewable energy — biomass, wind, solar and the like — climbed just 12% between 2008 and 2011, according to the federal Energy Information Administration.

"We need to double-down on a clean energy industry that's never been more promising."
Fact: Renewable energy simply won't play an important role in the country's energy picture anytime soon, accounting for just 13% of U.S. energy production by 2035, according to the EIA.

"There are no short-term silver bullets when it comes to gas prices."

Fact: Obama could drive down oil prices right now simply by announcing a more aggressive effort to boost domestic supplies. When President Bush lifted a moratorium in 2008, oil prices immediately fell $9 a barrel.
Obama said in his speech that Americans aren't stupid. He's right about that, which is why most are giving his energy policy a thumbs down.

http://news.investors.com/article/60212 ... -myths.htm" onclick="window.open(this.href);return false;