| Author |
Topic:
Over the last three years, we’ve opened millions of new acres for oil
[Locked] |
Blue_arrow
Posts: 468
Registered: 2008-7-2 02:02:19
|
Date Posted:
1/1/00 12:00am
Subject:
Over the last three years, we’ve opened millions of new acres for oil
|
American oil production is the highest that it's been in eight years. That's right - eight years
Yet then he tried to take credit for the work of others when he said, "it was public research dollars, over the course of thirty years, that helped develop the technologies to extract all this natural gas out of shale rock
Perhaps the President needs a little history lesson. While I agree that at times perhaps government support might be helpful for some projects for this revolution it definitely was not. It was the great minds in the energy industry inspired by high prices and declining supply decided to think outside the box and use ingenuity to come up with a better mousetrap. It was George Phydias Mitchell of Mitchell Energy and Development Corporation and his vision in the 1980s and 1990s that made deep Shale Gas production a commercial reality. It wascompanies like Encana Oil & Gas that was trying to figure out how to drill for the natural gas beneath a beautiful and narrow box canyon and decided to drill over 50 wells directionally from one well pad of just 4.6 acres opening up over 640 acres of underground oil and gas deposits without destroying the view
These ideas were not government ideas but ideas in the private sector. Now while it is possible that the oil companies may have taken some tax breaks on the research and development side, the truth is it was not government but the private sector that is to be congratulated on this historic achievement.
You see these of fracturing and directional drilling is the key and yet Obama has not really come out in favor of it. Reuters News reports, "The administration's views on fracturing and drilling generally remain ambiguous. The president has yet to offer a clear endorsement of the technology or offer much leadership on the issue. His party on Capitol Hill remains concerned about the environmental impacts (on local communities and global emissions). Large sections of the Democratic party and its support base continue to push for restrictions, stricter regulation or outright bans on fracking."
Yet at the same time the President said, "the development of natural gas will create jobs and power trucks and factories that are cleaner and cheaper, proving that we don't have to choose between our environment and our economy." Yet he is also calling to kill tax breaks for the energy industry, the one industry that could transform our economy and help our national security. To try to make the case that tax breaks helped create our success and now he is taking it away shows how confused he is on this issue.
http://community.nasdaq.com/News/2012-01/the-energy-report-giving-credit-where-credit-is-due.aspx?storyid=116553
-----signature-----
|
Onslaught.
Title: I've always wanted a title.
Posts: 1,377
Registered: 2001-2-13 13:46:37
|
Date Posted:
1/1/00 12:00am
Subject:
Over the last three years, we’ve opened millions of new acres for oil
|
Hi.
What do you want to know about oil shale fracking?
=]
-----signature-----
"Mmmmrmmrrrmrrmrmrrrrmrmrrmrmrmrrmrr"
-GinsuWife
|
Caoilin
Title: Instigator
Posts: 2,278
Registered: 2001-11-20 00:03:45
|
Date Posted:
1/1/00 12:00am
Subject:
Over the last three years, we’ve opened millions of new acres for oil
|
sciencefag is here guys! we can all rest safe knowing that massive amounts of pointless scientific terms will be bandied about in any discussion!
-----signature-----
"Cao is really an asexual cricket from outer space" - Bernion
"I just wish you had man bits" - ShalisR
"i'll be your dirty ignorant redneck if you will be my drugged out cripple bitch" - shaggynuts24
"again, I'm stupid" - Brandun
|
Onslaught.
Title: I've always wanted a title.
Posts: 1,377
Registered: 2001-2-13 13:46:37
|
Date Posted:
1/1/00 12:00am
Subject:
Over the last three years, we’ve opened millions of new acres for oil
|
Caoilin posted:
sciencefag is here guys! we can all rest safe knowing that massive amounts of pointless scientific terms will be bandied about in any discussion!
hater.
-----signature-----
"Mmmmrmmrrrmrrmrmrrrrmrmrrmrmrmrrmrr"
-GinsuWife
|
the_great_intex
Title: This is what cool looks like
Posts: 1,669
Registered: 2002-6-27 08:18:27
|
Date Posted:
1/1/00 12:00am
Subject:
Over the last three years, we’ve opened millions of new acres for oil
|
When I was on the wrestling team a move was performed on me called "checking the oil." Should I feel violated and sheltered because I was raped or was this a legitimate wrestling move?
-----signature-----
Only those who dare to fail greatly, can ever achieve greatly
In the middle of difficulty lies opportunity
The only thing in life achieved without effort is failure
Time Circuits... On. Flux Capacitor.... fluxxing.
|
Onslaught.
Title: I've always wanted a title.
Posts: 1,377
Registered: 2001-2-13 13:46:37
|
Date Posted:
1/1/00 12:00am
Subject:
Over the last three years, we’ve opened millions of new acres for oil
|
the_great_intex posted:
When I was on the wrestling team a move was performed on me called "checking the oil." Should I feel violated and sheltered because I was raped or was this a legitimate wrestling move?
The Japanese refer to this technique as kancho, I believe.
-----signature-----
"Mmmmrmmrrrmrrmrmrrrrmrmrrmrmrmrrmrr"
-GinsuWife
|
the_great_intex
Title: This is what cool looks like
Posts: 1,669
Registered: 2002-6-27 08:18:27
|
Date Posted:
1/1/00 12:00am
Subject:
Over the last three years, we’ve opened millions of new acres for oil
|
Onslaught. posted:
the_great_intex posted:
When I was on the wrestling team a move was performed on me called "checking the oil." Should I feel violated and sheltered because I was raped or was this a legitimate wrestling move?
The Japanese refer to this technique as kancho, I believe.
 Very interesting culture
-----signature-----
Only those who dare to fail greatly, can ever achieve greatly
In the middle of difficulty lies opportunity
The only thing in life achieved without effort is failure
Time Circuits... On. Flux Capacitor.... fluxxing.
|
Sansfear
Posts: 757
Registered: 2008-8-31 05:04:52
|
Date Posted:
1/1/00 12:00am
Subject:
Over the last three years, we’ve opened millions of new acres for oil
|
Wiki posted:
The prank is pervasive in Japan. There are anime glorifying this act (such as Naruto, where it has been called the Thousand Years of Death). In Japan, there is even a TV gameshow where a celebrity routinely kanchos random people.
WTF?
|
Onslaught.
Title: I've always wanted a title.
Posts: 1,377
Registered: 2001-2-13 13:46:37
|
Date Posted:
1/1/00 12:00am
Subject:
Over the last three years, we’ve opened millions of new acres for oil
|
Sansfear posted:
Wiki posted:
The prank is pervasive in Japan. There are anime glorifying this act (such as Naruto, where it has been called the Thousand Years of Death). In Japan, there is even a TV gameshow where a celebrity routinely kanchos random people.
WTF?
Oh.. ho ho.... let me tell you about Japanese gameshows...
-----signature-----
"Mmmmrmmrrrmrrmrmrrrrmrmrrmrmrmrrmrr"
-GinsuWife
|
Friarspam
Posts: 638
Registered: 2007-1-23 07:01:27
|
Date Posted:
1/1/00 12:00am
Subject:
Over the last three years, we’ve opened millions of new acres for oil
|
The big question is...
How can we blame this on BUUUUSSSHHHH?!
-----signature-----
My folks went on vacation and all I got was this lousy sig.
|
