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Old 01-11-2017, 23:03   #331
GratefulCitizen
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About that oil dependency problem...
http://www.eia.gov/todayinenergy/detail.cfm?id=13251

Demand is rising elsewhere in the world.
The US will soon be a net exporter of energy.
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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Old 03-03-2019, 21:52   #332
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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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Old 09-11-2022, 17:43   #333
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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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Old 04-03-2023, 13:31   #334
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The United States is becoming a greater exporter of energy.
Predictions of demise of the US dollar as the world’s reserve currency may be a bit premature.

The US has been a net exporter of petroleum + petroleum products for over a year.
(Technically, petroleum is still a net import, but this is more than offset by the export of products).

https://www.eia.gov/dnav/pet/hist/Le...s=WTTNTUS2&f=W

The US is also a significant net exporter of natural gas.
(Compare the links.)
https://www.eia.gov/dnav/ng/hist/n9100us2m.htm
https://www.eia.gov/dnav/ng/hist/n9130us2m.htm

The US is also a net exporter of coal.
(Compare the links.)
https://www.eia.gov/coal/production/...f/t18p01p1.pdf
https://www.eia.gov/coal/production/...df/t7p01p1.pdf
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Old 04-03-2023, 13:55   #335
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Quote:
Originally Posted by GratefulCitizen View Post
The United States is becoming a greater exporter of energy.
Predictions of demise of the US dollar as the world’s reserve currency may be a bit premature.

The US has been a net exporter of petroleum + petroleum products for over a year.
(Technically, petroleum is still a net import, but this is more than offset by the export of products).

https://www.eia.gov/dnav/pet/hist/Le...s=WTTNTUS2&f=W

The US is also a significant net exporter of natural gas.
(Compare the links.)
https://www.eia.gov/dnav/ng/hist/n9100us2m.htm
https://www.eia.gov/dnav/ng/hist/n9130us2m.htm

The US is also a net exporter of coal.
(Compare the links.)
https://www.eia.gov/coal/production/...f/t18p01p1.pdf
https://www.eia.gov/coal/production/...df/t7p01p1.pdf

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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Last edited by Paslode; 04-03-2023 at 14:06.
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Old 04-03-2023, 14:22   #336
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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.
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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Old 04-03-2023, 15:36   #337
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...and a pipeline which suffered from a tragedy of unknown causes
Yeah, I'm one of 'those' guys.
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Old 10-22-2023, 15:05   #338
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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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Old 10-22-2023, 21:51   #339
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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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Old 03-25-2024, 22:33   #340
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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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Old 03-26-2024, 10:47   #341
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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.
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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