Aerlinthian posted:

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Blue_arrow posted:

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TheGreen River shale formation in Utah, Wyoming, and Colorado, has an estimated 800 billion barrels of oil, which is three times the proven reserves of Saudi Arabia

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reesescups posted:

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Is that why more drilling permits and refinery permits have been approved in the last 4 years than the previous 12 years combined?

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Factcheck.org posted:

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U.S. Oil Production: Up or Down?

While Republicans have criticized Obama’s energy policies, the president has touted — as he did in a March 11 press conference — that oil production rose last year.

Obama, March 11: Last year, American oil production reached its highest level since 2003. Let me repeat that. Our oil production reached its highest level in seven years. Oil production from federal waters in the Gulf of Mexico reached an all-time high.

Obama is right on both counts. EIA data (table 4a) shows that total domestic production of crude oil was 5.51 million barrels per day, including 1.64 million barrels per day from the Gulf of Mexico. Historical EIA data shows that the last time the U.S. produced that much total oil was in 2003, when it generated 5.68 million barrels per day. (We already addressed that 2010 was indeed a record year for the Gulf.)

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Blue_arrow posted:

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that would be only private and state lands...federal land, oil drilling production is down,, buckweet

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BluePussy posted:

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but like you and obama are taking credit, but over look the part that it takes orver 5+ years to get production going

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