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Texas Tea: State Ranks No. 10 Worldwide In Global Oil Production

Discussion in 'BBS Hangout: Debate & Discussion' started by HR Dept, Sep 16, 2013.

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  1. HR Dept

    HR Dept Member

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    http://www.ibtimes.com/texas-having...ld-outpace-iraq-iran-kuwait-few-years-1405348

    A keypoints of article that I found interesting:

    I knew that there was a huge boom going on right now in the state, but this is amazing, IMO. Because of so much hyperbole coming from both sides, I'm still unsure about the actual enviromental cost of fracking. I'd really like to know more about what fracking does to the environment (Granted I haven't done much research.) But at any rate, TX's ressurgance here is pretty impressive.
     
    #1 HR Dept, Sep 16, 2013
  2. otis thorpe

    otis thorpe Member

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    Companies are selling assets overseas to increase production in the lone star state
     
    #2 otis thorpe, Sep 16, 2013
  3. Nolen

    Nolen Member

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    I'm confused- production, as in refining/manufacturing? As in having oil corporation headquarters based in TX? Because I have a very hard time believing we are actually drilling or fracking anything that comes close to the Ramallah oil fields within TX.
     
    #3 Nolen, Sep 16, 2013
  4. Dairy Ashford

    Dairy Ashford Member

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    Hopefully Railroad is monitoring this and, like Sterling did long ago, making sure to curtail production and pre-empt another Spindletop. Other than that, thanks to the dinosaurs.
     
    #4 Dairy Ashford, Sep 16, 2013
  5. geeimsobored

    geeimsobored Member

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    The Railroad Commission is run by a bunch of corporate tools. I doubt they have the foresight to actually manage and encourage sustainable oil production and development.
     
    #5 geeimsobored, Sep 16, 2013
  6. Mr. Clutch

    Mr. Clutch Member

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    I would say secede, but then the U.S. would just invade us.

    We have the right to secede, BTW.
     
    #6 Mr. Clutch, Sep 16, 2013
  7. MadMax

    MadMax Member

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    No we don't. We can do it...but there's no explicit right anywhere to secede. We'd get the same thing we got the last time we tried...our ass kicked.
     
    #7 MadMax, Sep 16, 2013
  8. JuanValdez

    JuanValdez Member

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    Lol, are we going to turn this thread into yet another Texas folklore thread?
     
    #8 JuanValdez, Sep 16, 2013
  9. KingCheetah

    KingCheetah Atomic Playboy
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    A lot of old wells are filling back up again as well as oil which is naturally produced in the mantle of the earth rises back into the crust.
     
    #9 KingCheetah, Sep 16, 2013
  10. Mr. Clutch

    Mr. Clutch Member

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    I didn't know that.

    Thanks for the info.
     
    #10 Mr. Clutch, Sep 16, 2013
  11. otis thorpe

    otis thorpe Member

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    drilling in old tx oilfields like the permian basin with new technology reaching previously unreachable oil.
     
    #11 otis thorpe, Sep 16, 2013
  12. Mr. Clutch

    Mr. Clutch Member

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    File under things Obama should know but doesn't.
     
    #12 Mr. Clutch, Sep 16, 2013
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