Power shift: Energy boom dawning in America

NBC Nrws - CNBC ^ | Patti Domm , CNBC.com

[Ernest_at_the_Beach]

Jim Seida / NBC News

A worker walks from a 161-foot-tall oil rig to retrieve a tool from a nearby shed outside Garden City in West Texas. When this picture was made on March 3, there were 1,752 rigs exploring for oil and natural gas in the US; 835 of them were in Texas. (Jim Seida / NBC News)

Randy Foutch calls it a renaissance, but when you listen to the veteran Texas oilman and others describe America’s nascent energy boom, it sounds more like a miracle.

Politicians have been warning for decades that the U.S. must wean itself from foreign energy, but just a few years ago their words seemed like so much wishful thinking: The U.S. was facing what seemed like ever-rising oil prices and was importing about 60 percent of its supply. Natural gas inventories were shrinking, and the country was considering importing a liquified form from the Middle East.

NBC News

America's drive toward energy independence

[2ndDivisionVet]

"When this picture was made on March 3...."

Is the author a time traveler from 1890? Oh, and I don't think we'll have a new boom if this president has anything to say about it, do you?

[Ernest_at_the_Beach]

[Ernest_at_the_Beach]

This is happening on private land at the moment.

[2ndDivisionVet]

How will that stop him? He took over or threatened several private industries (healthcare, automobile manufacturing and sales, grocery stores, energy, restaurants, etc.) already.

[gleeaikin]

Nice fracking graphics.

[laplata]

We’re going through an Incrimental Marxist Coup. When he can, obama will continue to stop anything that’s good for America.

[St_Thomas_Aquinas]

I went to school for mechanical engineering, so I know enough to at least understand how amazing this technology is. The technological challenges are mind-boggling.

And then to think that The Idiot is preventing us from capitalizing on it.

I don't know which is more incredible.

[Ernest_at_the_Beach]

I liked it.

[Ernest_at_the_Beach]

There was an good editorial in Sunday's OC Register...regarding Obama and how he might handle this Bonanza.

Let me see ...if I can get that up.

[Ernest_at_the_Beach]

Can’t find it on their website....at the moment.

[laplata]

Please do. Thanks.

[spokeshave]

BP forecasts US energy independence by 2030

http://www.bp.com/extendedsectiongenericarticle.do?categoryId=9048887&contentId=7082549

[Secret Agent Man]

you can’t have world govt with a superpower existing.

you can’t have a superpower without manufacturing and a functioning economy.

now you see what he’s doing.

[Randy Larsen]

As long as the dems control government there will be no energy recovery. They are dead set on destroying everything that makes this country great.

[laplata]

you can’t have world govt with a superpower existing.

you can’t have a superpower without manufacturing and a functioning economy.

now you see what he’s doing.

---

And taking away our soverignty.

[Erik Latranyi]

It is sad that there are many conservatives who oppose fracking because they bought the enviro-whacko Kool-Aid.

This happens on the local level with older GOP citizens who do not like the increase in truck traffic, “outsiders” and disruptions to their boring lives.

What selfish, uneducated citizens we have become!

[CommieCutter]

Bfl

[thackney]

At their link to their map, it is surprising how out-of-date their numbers are:

state-by-state view of production figures from 2010

[taildragger]

It is sad that there are many conservatives who oppose fracking because they bought the enviro-whacko Kool-Aid. This happens on the local level with older GOP citizens who do not like the increase in truck traffic, “outsiders” and disruptions to their boring lives.

And their Grandkids might move back from Texas and get a job in the Fracking Arena, had their State ( Insert name here ) hadn't become such a Socialist Cesspool that they finally gave up on it and moved to brighter pastures aka Texas...