1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

By 2017, will the US become the world's largest oil producer?

Discussion in 'BBS Hangout: Debate & Discussion' started by Cohete Rojo, Dec 15, 2012.

Tags:
  1. Cohete Rojo

    Cohete Rojo Member

    Joined:
    Oct 29, 2009
    Messages:
    10,344
    Likes Received:
    1,203
    The International Energy Association (IEA) put out a report recently (after the election) that the US, by 2017, would become the world's largest oil producer. cnbc article includes a video:

    http://www.cnbc.com/id/49791905/US_to_Become_World039s_Biggest_Oil_Producer_by_2017_IEA

    Texas and North Dakota, at the moment, are the two states with the largest significant oil production growth - due largely to tight oil production. Colorado's tight oil production, in the Niobrara, and other states' tight oil production will lag that of North Dakota and Texas due to infrastructural constraints (pipelines and such).

    This would also be significant development for peak oil theorist who say, with evidence, that US oil production peaked in the early-1970s. Some say that the recent rise in US oil production is a type of dead cat bounce spurred on by high oil prices. And a large part of this growth is from the crude plus condensate fraction of what is called oil.

    [​IMG]

    http://www.theoildrum.com/node/9622

    [EDIT]

    Total chairman and chief executive Chris de Magerie says peak oil at 98 mb/d, which seems to conflict with the IEA's prediction.

    http://www.rigzone.com/news/oil_gas/a/122712/Total_Oil_Production_to_Peak_at_98M_Barrels_per_Day

    This should give us something to debate until the next congressional election.
     
    #1 Cohete Rojo, Dec 15, 2012
  2. Mr. Clutch

    Mr. Clutch Member

    Joined:
    Nov 8, 2002
    Messages:
    46,550
    Likes Received:
    6,132
    How do we stop these evil energy companies?
     
    #2 Mr. Clutch, Dec 15, 2012
  3. cml750

    cml750 Member

    Joined:
    Jun 14, 2002
    Messages:
    6,841
    Likes Received:
    5,677
    I have an idea!!!! Why don't we take advantage of a warming cycle in the Earth's long history of warming and cooling. We could call it "Global Warming" and create a lot of mass hysteria. We could make skewed climate forecast models to make things look worse than they are. We could then use all this to pass "cap and trade" legislation to reign in on these "evil" companies all the while putting more money in the government coffers that we can use to by votes with entitlements.
     
    #3 cml750, Dec 15, 2012
  4. Major

    Major Member

    Joined:
    Jun 28, 1999
    Messages:
    41,682
    Likes Received:
    16,206
    Is this like all those skewed Presidential polls you were talking about?
     
    #4 Major, Dec 15, 2012
  5. Invisible Fan

    Invisible Fan Member

    Joined:
    Dec 5, 2001
    Messages:
    45,954
    Likes Received:
    28,048
    If you can extract a thumbs-like exile from cml214901293 on this subject, that would be a nice CF x-mas present.

    But the sideshow on how he explains the numbers (garbage in-garbage out?) will be a decent diversion.
     
    #5 Invisible Fan, Dec 15, 2012
  6. Mathloom

    Mathloom Shameless Optimist

    Joined:
    Oct 4, 2008
    Messages:
    21,110
    Likes Received:
    22,563
    can't wait.
     
    #6 Mathloom, Dec 15, 2012
  7. rockbox

    rockbox Around before clutchcity.com

    Joined:
    Jul 28, 2000
    Messages:
    22,819
    Likes Received:
    12,583
    Looks like Tight oil production started in 2009. It must be because of Obama. ;)
     
    #7 rockbox, Dec 15, 2012
  8. Nook

    Nook Member

    Joined:
    Jun 27, 2008
    Messages:
    60,002
    Likes Received:
    133,224
    LMFAO this coming from the man that was certain Romney would win the night before the election and believes in rapture and the end of days even though Revelations in style and content deviate from the rest of the New Testament and rapture isn't even in the Bible but was created by a con man in the 1800's... but global warming is absurd.

    I tell you what, you keep $@&$ that chicken and the rest of us adults will worry about math and science.
     
    #8 Nook, Dec 15, 2012
  9. Mr. Clutch

    Mr. Clutch Member

    Joined:
    Nov 8, 2002
    Messages:
    46,550
    Likes Received:
    6,132
    Oh well, so much for the death of U.S. dominance.

    Maybe next century.
     
    #9 Mr. Clutch, Dec 15, 2012
(You must log in or sign up to post here.)

Share This Page