01-11-2017, 23:03
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#331
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Area Commander
Join Date: Aug 2007
Location: Page/Lake Powell, Arizona
Posts: 3,349
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Quote:
Originally Posted by GratefulCitizen
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Coming soon...
http://www.eia.gov/outlooks/aeo/pdf/0383(2017).pdf
Scroll down to the page marked 15 (might be a different page on your reader).
Heading towards being a net energy exporter.
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GratefulCitizen is offline
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03-03-2019, 21:52
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#332
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Area Commander
Join Date: Aug 2007
Location: Page/Lake Powell, Arizona
Posts: 3,349
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https://www.eia.gov/dnav/pet/hist/Le...s=WTTNTUS2&f=W
By the weekly estimates, the US has been a net exporter twice.
(11/30 and 2/22)
https://www.eia.gov/dnav/pet/hist/Le...s=WCRFPUS2&f=W
Production is still climbing.
So much for peak oil.
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GratefulCitizen is offline
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09-11-2022, 17:43
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#333
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Area Commander
Join Date: Aug 2007
Location: Page/Lake Powell, Arizona
Posts: 3,349
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About those energy prices…
The problem is too much printed money, not a lack of production.
The United States is now a net exporter petroleum + petroleum products.
(Technically, we still are a net importer of petroleum, but products exports exceed raw imports).
https://www.eia.gov/dnav/pet/hist/Le...s=WTTNTUS2&f=W
The United States is also a net exporter of natural gas.
(Have to compare both charts.)
https://www.eia.gov/dnav/ng/hist/n9100us2m.htm
https://www.eia.gov/dnav/ng/hist/n9130us2m.htm
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Waiting for the perfect moment is a fruitless endeavor.
Make a decision, and then make it the right one through your actions.
"Whoever watches the wind will not plant; whoever looks at the clouds will not reap." -Ecclesiastes 11:4 (NIV)
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GratefulCitizen is offline
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04-03-2023, 13:55
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#335
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Area Commander
Join Date: Jun 2008
Location: Occupied Wokeville
Posts: 4,629
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Quote:
Originally Posted by GratefulCitizen
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Which could be the reason why TPTB are pushing green so they sell those resources overseas instead of within the US. And/or bankrupt the current owners as a means of nationalizing those industries or foreign entities buying up the assets for pennies on the dollar. Whether or not the US loses reserve currency status or not, very little bit that isn't traded in US dollars is a hit on the US economy especially when your running a 31+ trillion deficit.
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Quote:
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Last edited by Paslode; 04-03-2023 at 14:06.
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04-03-2023, 14:22
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#336
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Area Commander
Join Date: Aug 2007
Location: Page/Lake Powell, Arizona
Posts: 3,349
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Quote:
Originally Posted by Paslode
Which could be the reason why TPTB are pushing green so they sell those resources overseas instead of within the US. And/or bankrupt the current owners as a means of nationalizing those industries or foreign entities buying up the assets for pennies on the dollar. Whether or not the US loses reserve currency status or not, very little bit that isn't traded in US dollars is a hit on the US economy especially when your running a 31+ trillion deficit.
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I think these resources are being sold overseas because the product is better and cheaper (particularly the refined products.)
Of course, it helps to have a captured European market which has difficulty getting cheap Russian energy due to sanctions and a pipeline which suffered from a tragedy of unknown causes…
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Waiting for the perfect moment is a fruitless endeavor.
Make a decision, and then make it the right one through your actions.
"Whoever watches the wind will not plant; whoever looks at the clouds will not reap." -Ecclesiastes 11:4 (NIV)
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GratefulCitizen is offline
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04-03-2023, 15:36
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#337
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Area Commander
Join Date: Jan 2011
Location: Western WI
Posts: 6,824
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Quote:
Originally Posted by GratefulCitizen
...and a pipeline which suffered from a tragedy of unknown causes…
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Yeah, I'm one of 'those' guys.
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Badger52 is offline
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10-22-2023, 15:05
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#338
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Area Commander
Join Date: Aug 2007
Location: Page/Lake Powell, Arizona
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Most “news” is just propaganda to manipulate behavior on the large scale.
This has been happening under the radar.
US oil production reaches all-time high:
https://www.eia.gov/dnav/pet/hist/Le...s=WCRFPUS2&f=W
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Waiting for the perfect moment is a fruitless endeavor.
Make a decision, and then make it the right one through your actions.
"Whoever watches the wind will not plant; whoever looks at the clouds will not reap." -Ecclesiastes 11:4 (NIV)
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GratefulCitizen is offline
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10-22-2023, 21:51
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#339
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Quiet Professional
Join Date: Mar 2005
Location: sharq-el-ouset
Posts: 498
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The only “issues” surrounding the US oil production market are that our domestic refining capacity is set up to run “heavy-sour” grades of crude and the shale-oil being produced are “light-sweat” grades. The buildout of / retooling of refining in the US is underway to sever ties with the global system but will likely take 3-5 years to fully become operational.
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bubba is offline
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03-25-2024, 22:33
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#340
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Area Commander
Join Date: Aug 2007
Location: Page/Lake Powell, Arizona
Posts: 3,349
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So much for peak oil…
https://www.yahoo.com/news/usa-now-p...173047232.html
Oil production is not a problem of hydrocarbon scarcity.
It is an economic problem.
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__________________
Waiting for the perfect moment is a fruitless endeavor.
Make a decision, and then make it the right one through your actions.
"Whoever watches the wind will not plant; whoever looks at the clouds will not reap." -Ecclesiastes 11:4 (NIV)
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GratefulCitizen is offline
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03-26-2024, 10:47
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#341
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Area Commander
Join Date: Jul 2016
Location: Texas, USA
Posts: 1,588
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Quote:
Originally Posted by GratefulCitizen
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IMHO, it's more a political problem.
With record US production you'd think we would have much lower prices than we currently do. But the green cartel and their controlled politicians/bureaucrats won't allow it.
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