A US Oil Boom--Unless Greens Abort It. USA is on the Verge of a Golden Era in Oil Production.

Just a year after the BP oil spill, America is on the verge of a new golden era of oil exploration and production -- unless President Obama and his environmentalist friends get their way.

This surge in domestic production would leave Iran, Kuwait and the Arab emirates combined in the rear-view mirror.

The US drilling boom rests on a technique called hydraulic fracturing, or fracking, to open shale-oil reserves. It's why wells are springing up in places like North Dakota, California and Pennsylvania, with thousands of new jobs in their wake.

Fracking has also opened up supplies of natural gas, sending prices plummeting. Now, even New York's regulators have recommended lifting the state's ban on the fossil-fuel gold rush that's pushed North Dakota's unemployment rate to 3.2 percent -- the lowest in the nation.

The irony is that Obama had hoped higher oil prices would make us all drive electric cars and install backyard windmills. Instead, they're making it profitable for US companies to expand the hunt for new reserves and to use fracking to reopen old ones.

Just last month, Exxon-Mobil announced the discovery of a vast field in the Gulf of Mexico, with as many as 700 million barrels waiting to be tapped. Other companies are using fracking to return to the Texas basin, the center of US oil production in the 1930s -- which will mean millions in investment and thousands of jobs for that state. Montana and North Dakota are sitting on a shale-oil formation that could yield nearly 4 billion barrels.

Not many Americans realize we are already the world's No. 3 oil producer, at 7.5 million barrels a day. The coming boom should add another 1.5 million by 2015. That's closing in on Saudi Arabia's daily total.

And oil-shale rich Canada could surpass Iran's barrel-per-day output in a few years -- so we're looking at a major shift in the geopolitics of oil.

Stimulus funded that infrastructure and it’s gone. And will stay gone.

I disagree that the marketplace will decide. That’s wrong. Physics will decide.

You can’t carry frozen meat from Iowa to NYC on an 18 wheeler that has to stop every 35 miles to refill a nat gas tank. The nat gas buses and trucks you hear about in California are carrying things from point A to point B when the points are 10 miles apart.

It’s not infrastructure lack. It’s physics.

"Stimulus funded that infrastructure and it’s gone."

Chesapeake Energy is funding the infrastructure with its own money. They haven't started yet. It was just announced this week.

"You can’t carry frozen meat from Iowa to NYC on an 18 wheeler that has to stop every 35 miles to refill a nat gas tank."

You're going to have to start closing your eyes because Cummins is building the engines now to start the ~~10 mile convoy~~ trucks that will haul produce and commodities soon.

On the contrary. Has nothing to do with environmentalist whackos, about whom I care nothing.

It has to do with mathematics and that which is inevitable.

The mechanism will be China’s grab for the Senkaku Islands, under which there is oil. Japan will not tolerate it. They will fight, and they will call in their IOUs with the US treaties.

This will provide the perfect pretext to nuke the “debarkation ports” along China’s east coast, where 80% of their population happens to live. Depopulation achieved, and in a beautiful maneuver of “self defense”.

Many people make this mistake. That which is inevitable is CONSERVATIVE, not left wing liberal. Once one embraces the concept of inevitable, then it is clear that only one path is possible to retain American dominance. We must depopulate China.

If you’re queasy about that, have a look at your kids and sit them down and explain to them that you’re going to let them starve instead of killing some Chinese. If you’re still queasy, you’re not a conservative. You don’t care about America.

The US is well past its peak of oil production.

Right. In 1952 (or thereabouts), the former USSR was considered a "non oil producing country." Then Stalin read a report about ultra deep oil well drilling potential. He secretly began to push the USSR into these ultra deep wells. Today, Russia is the #1 oil producing source in the world, eclipsing even Saudi Arabia.

If you'll look at some of the wells in this country that have been presumed to have run "dry," you'll see that many are actually refilling slowly, albeit at somewhat deeper levels. That is because oil AIN'T old dead dinosaurs and fossil forest material! Oil is ABIOTIC in nature, manufactured and replenished naturally in the mantle of the earth and forced outward by the centrifugal spin of the planet. So called "Peak Oil" (like global warming) is pure fiction.

Who has to gain by propagating this fiction? Well look around. Follow the money and the power. Who stands to gain and who stands to lose big time if the supply of oil is cheap and plentiful? The communists fully understood the nature of power and in keeping it's control over large populations by keeping them hungry, cold and stationary. The vast majority of communists in this country found a home in the environmental movement and extreme fringe groups of that movement. The power brokers of the Democratic Party and their affiliates in the liberal wing of the Republican Party (plus the Greens and other wacko's) channel legislation, regulations and red tape to make functional realization of the plentiful oil supplies impossible. The oil companies are happy to play along since it makes them rich(er). They do their part by not building or expanding the ability to refine here in this country.

Let's also not forget this: The real fuel that powers the economy isn't gasoline, it's DIESEL. Originally, diesel was considered a waste product in the refining process to get gasoline. It is one of the first byproducts created in the process. Why then is diesel fuel so darned expensive? Several years ago, diesel was cheaper than cheap. Now? Exactly. Diesel is the fuel that runs the big 18 wheelers that takes our food to market and every other major commodity to the public for consumption. It takes currently an average of two thousand dollars to fill each and every one of those trucks for each run. Of course they are going to pass those costs on to us. As inflation worries grow and our money becomes worth less and less these concerns are going to grow out of control. That is the operative word here, you know: C-O-N-T-R-O-L! Worthless fiat money, a wrecked economy, no jobs, no gasoline, hyper inflation, spiraling costs all adds up to more control, less freedom and more money to the power brokers.

I’m gonna presume you are just not widely read on the matter.

There are no replenishing fields that could not be explained by drainage from adjacent rock. The vast majority (and by vast let’s note here that we’re talking about the region between 99% and 100% of fields do not replenish whatsoever.

Oklahoma is close to empty. Illinois was once a huge producer and is no longer. Why? They went empty.

If you really think oil is produced down near the core, then it would be everywhere. Not just in places where seismic studies show 180 million year old sandstone has a proper cap in place. If it were everywhere, you would not be drilling 5 miles down off Brazil. You’d be drilling ANYWHERE IN BRAZIL.

I do hope you notice they do not drill anywhere in Brazil. Or anywhere in Tanzania. Or anywhere in Kenya. Or anywhere in Egypt. All places, you note, where your next claim about US envirowhackos have no power to do anything.

No drilling takes place in those places for a pretty powerful reason. THERE’S NOTHING THERE!!!! If it were ultra deep in source, it would be everywhere. It’s not. There’s nothing there.

As for Russia, they are 2 million barrels per day of production below THEIR peak, and do you know how they manage 10 million bpd? No, probably not. They drill 6,000, that’s SIX THOUSAND new wells per year to try to add production flow to make up for the 11% per year reduction in flow from old wells. They are dying and are frantically trying to sprint up the down escalator. Putin has stated publicly in just the past year that he HAS to have 25 billion dollars of “investment” (aka money to drill those 6000/yr) or he can’t hold his production up.

The party is over. The cops are coming. Four of them. On horseback.

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