Saudis worry over North American shale oil surge

financialpost.com ^ | 14-21-11 | Yadullah Hussain

[bayouranger]

I think it's safe to say that there were 3000 Americans that would have voted for ethical oil.

[Obadiah]

As long as Obama is in office they have nothing to worry about.

[rhombus]

Where do environmental organizations in the US get their money? I can’t believe it’s just naive college students.

[Truth29]

The Obama EPA will move heaven and earth to keep the US dsependent and force development of wind and solar. I think fraking will be prohibited and oil, gas and coal prices will be forced much higher to restrict usage.

[Vigilanteman]

The strange irony of this whole thing is ObaMao could send gas prices plummeting and possibly start the economy on a road to recovery that would ensure his own reelection by simply resuming the issuance of drilling permits in the Gulf and getting out of the way of the Keystone XL pipeline.

Yet he won't do it because he values his marriage to ideology more than his marriage to power.

[LibLieSlayer]

**** the saudis.

LLS

[Attention Surplus Disorder]

If they are “worried” instead of “deeply offended” then I’d say we are making progress, on multiple fronts.

[pallis]

When the day of oil independence comes to America, the Saudis will need to duck and cover. They are responsible for much Islamic radicalism and terrorism.

[meatloaf]

What a surprise! Apparently the camel humpers don’t believe in the Peak Oil horse crap either.

[FlingWingFlyer]

No need to worry. Barry has “got your back”.

[Williams]

With zero direct evidence I GUARANTEE the Saudis and OPEC fund the “environmental” movement.

You don’t really believe we have no offshore oil because of one stupid oil spill in the 1960’s?

[kearnyirish2]

“Americans worry about Saudi terrorist-breeding surge”

There; we all have worries.

[taildragger]

When the day of oil independence comes to America, the Saudis will need to duck and cover. They are responsible for much Islamic radicalism and terrorism.

Imagine this, this is Clancy-ish...

They fall and it gets ugly.

Rather than let the insane insurgents get their high tech assets they fly their F16's and F15's to "a friendly" nation... Israel !!!!

[meatloaf]

What we really need to do is start converting autos to run on natural gas. If demand has dropped so much that we’re now exporting gasoline and oil, think what that would do to oil imports. That’s the fastest way to impact oil prices. We’ve got the natural gas NOW with much more coming. When oil drops below $80/bbl and stays there, as a dividend you’ll see the mullahs in Iran tossed out with the garbage. Terrorists will no longer be able to count on Islamic sugar daddies to bank roll their operations either. It’s a win win worldwide.

[bayouranger]

So does the Tides Foundation along with 44 organizations that campaign against Canadian oil. The top recipient was Corporate Ethics International which runs RETHINK ALBERTA, a campaign to pressure the Alberta government by depicting Alberta in a negative light.

In 2010 alone, the Sierra Club was paid $420,000, Environmental Defense Canada Inc. was paid $250,000 and Greenpeace Canada was paid $200,000 for participation in the “Tar Sands Campaign,” according to 2010 tax returns for Tides USA.

As reported in The Financial Post, in 2009 the U.S. Tides Foundation and Tides Canada funded a total of 36 organizations that campaign against the development of the Alberta oilsands. Of these, 26 organizations were funded by the Tides USA. The total granted to these organizations by Tides USA was $3.6 Million for 2009, according to U.S. tax returns.

In 2009, Tides Canada Foundation paid at least $7 million to 20 organizations that campaign against Canadian oil, according to analysis of Tides Canada’s U.S. tax returns. In 2009, fully half of Tides Canada’s grants went towards projects on a small but very strategic part of the Canadian coastline: the north coast of B.C., right smack where oil tankers export bound for Asia would need to travel.
[...]
Detailed breakdown of Tides Foundation anti-oil contributions here.
http://fairquestions.typepad.com/rethink_campaigns/tides-tar-sands-campaign-2009-2010.html

[Ernie Kaputnik]

Peak Oil is pure horse shiite! (As is the myth of “Climate Change”).

I’ve been saying this for over 25 years: The USA has more untapped oil than the rest of the world combined. To wit, I wrote a college term paper on the “Green River Oil Shale Deposit” in 1985. This particular shale deposit extends from the Rocky Mountains to the Appalachins, and contains more oil than the entire planet has consumed in the past 100 years. It’s a monstrous oil field trapped in shale.

The only reasons we haven’t tapped into it yet is:

1.) Environmental nazis have too much political influence and thus make it damn near impossible for oil companies to obtain permits and licenses for drilling;
2.) The Arabs keep the price of their oil cheap enough to discourage US oil companies from investing in domestic production.

(EPA regulations and gubmint red-tape, courtesy of Environmental Nazism, make domestic oil production too damn expensive and not worth the headache or financial risk.)

It’s not a matter of “if” the USA can be energy independent, it’s of a matter of “when”. We gots about a trillion barrels of oil sitting beneath our feet. We just gots to go get it.

[FlingWingFlyer]

Thanks.

[rhombus]

With zero direct evidence...

This is the frustrating part.

[Vigilanteman]

The strange irony of this whole thing is ObaMao could send gas prices plummeting and possibly start the economy on a road to recovery that would ensure his own reelection by simply resuming the issuance of drilling permits in the Gulf and getting out of the way of the Keystone XL pipeline.

Yet he won't do it because he values his marriage to ideology more than his marriage to power.

[Vigilanteman]

The strange irony of this whole thing is ObaMao could send gas prices plummeting and possibly start the economy on a road to recovery that would ensure his own reelection by simply resuming the issuance of drilling permits in the Gulf and getting out of the way of the Keystone XL pipeline.

Yet he won't do it because he values his marriage to ideology more than his marriage to power.