Both political parties keep harping about our dependence on foreign oil,
although their solutions are, as expected, far different.
In a recent newspaper article, it was stated that the US imported roughly
750 million barrels of oil in 2010 and exported roughly 850 million
barrels of oil and oil products. An even bigger export surplus is
expected for 2011 and IIRC, there was a smaller surplus in 2009.
Am I missing something here? There is no dependence? The only reason we
import oil is so the oil companies can export the products thereof at
higher profits than they can make in the US?
And for this we fight wars in the Middle East?
Intelligence is an experiment that failed - G. B. Shaw
Imagine - it's all happening without GWB being Prez. Does it make you
think BHO might be paying off all his old buddies in one way or another
as the left kept pounding during GWB's term?
Ah, the duplicity!
"Socialism is a philosophy of failure,the creed of ignorance, and the
gospel of envy, its inherent virtue is the equal sharing of misery"
Either you or the article confused automobile gas imports/exports with
oil....due to falling local demand of (4% if I recall correctly) U.S. gas
consumption, we're now net exporters of refined gasoline(from refineries).
However we still import roughly 50% of our oil (a few years ago it was 60%).
Although Canada, Mexico,Venezuela etc. account for the largest share. Our
daily consumption is approx. 20 million barrels. Our local production has
increased with fracking, corn etc. and our consumption has decreased with
price and a lousy economy. Rod
Truely a non-sequitur.
Per the US Energy Information Administration:
US Oil Production: 9.14MBBL/day (of which 5.36 MBBL/day is crude)
US Oil Consumption: 18.81MBBL/day
That leaves 9MBBL/day imported, mostly from canada, mexico and venezuela.
Face it, you misread the newspaper article (or it was factually incorrect)
and used it as an excuse to rant about something you know little about.
Data here: http://22.214.171.124/countries/index.cfm?view=consumption
Global Production is 85.5MBBL/day, while consumption is 85.6MBBL/Day.
The US consumes 22% of the daily worldwide oil production, but produces
No matter how you work the numbers, the US imports half its oil.
Because of the lowered demand for gasoline, several refineries are scaling
back or shutting down. When we export gasoline and other refined products
we're acting as a refiner for the customer, nothing more, nothing less.
Really, Leon? Really? My mom tells me that when I was a baby in LA in
the mid-50's, there were days you literally couldn't see two blocks
because of smog. When was the last time kids in your town weren't
allowed to go play outside because of air quality? It's the
"environmentalists" that brought cleaner air to you.
Hear! Hear! I remember trying to play softball on a second-stage
alert saturday in Pasadena in the early 80's. Couldn't even run
to first base without stopping to try to breath.
Since 1995, there has not been a single first-stage (much less second
or third) smog alert in the LA basin. Primarily, this is due to
automobile emissions reductions mandated by CARB. Secondarily, to
other VOC controls in the basin.
I suspect that the older of us also remember dead rivers burning in the
east coast industrial regions in the 60's and 70's.
If it were not for the environmentalists we could pull more oil out of
What are you missing? We refine the oil. We mix other things into it
to produce oil products.
Think wheat, We import 750 tons of wheat. We refine it more, we add
sugar, we add butter, we add yeast and a few other items and produce cake.
We export 950 tons of wheat and wheat products/cake.
Be assured that a story from the media only has the details to make it
sensational and will always lack useful information.
If you actually look at the numbers, there _isn't enough_ oil in the ground
(in the US and territorial waters) to make up for our imports. First, we'd
need to _double_ production. Even if we drilled the hell out of ANWAR
and the california coast, it would take decades before an additional 9MBBL
a day comes on line, and then it would be exhausted quickly.
The total proven US reserves are 21 Billion barrels. At 18 MBBL/day, you
do the math (it works out to 3 years and it's all gone). The SPR has another
700 MBBL, but that would only last a month at 18MBBL/day US consumption.
And the barrels that are left in the ground are much harder to get at than
the barrels that have already been pumped (whether fracking, steam injection
or horizontal drilling, all are much more energy intensive - when the energy
required to obtain oil starts to get close to the energy that can be extracted
from the obtained oil, then things become real interesting (DAGS Energy Trap).
FWIW the Bakken field is producing about 300,000 bbl/day (up from 80,000 a
decade ago). The production curve for most wells is heavily loaded
at the front end and tails off rapidly.
So, above is the useful information. Now what do you think?
(and don't spout that abiogenic nonsense. Even if it were true for
heavy hydrocarbons, the rate of production will never be near 18MBBL/day).
The days of gushers are over. The worlds production has plateaued and is
starting to decline. These are numbers and facts that cannot be easily
glossed over by "drill baby drill" mantras.
Meanwhile, large cities are planning for 50% population increases over the
next three decades - there's no way we can increase petroleum production
at the same rate, it is not sustainable; so either alternatives need to be
developed (and none of them can easily replace petroleum on an energy
density and portability basis) or we need to cut back (or likely, both).
Well, yeah. It's like saying we import bauxite and export aluminum. Or
importing Indian rosewood and exporting guitars. We bring in the raw
materials and export a finished product. Nothing wrong with that.
And oil is a perfectly good reason to go to way. The Japs attacked Pearl
Harbor, ultimately, over oil. Hilter invaded Russia for oil.
Lots of precedence there.
HomeOwnersHub.com is a website for homeowners and building and maintenance pros. It is not affiliated with any of the manufacturers or service providers discussed here.
All logos and trade names are the property of their respective owners.