OPEC : OPEC Share of World Crude Oil Reserves(probably shouldn't use these OPEC numbers as the only source; also not a bad idea to compare these figures with populations, to see the disparity in per capita income)
Posted on 10/26/2013 7:46:56 PM PDT by ckilmer
OPEC : OPEC Share of World Crude Oil Reserves(probably shouldn't use these OPEC numbers as the only source; also not a bad idea to compare these figures with populations, to see the disparity in per capita income)
oil independence is about 5 years off.
It is in Texas.
Fracking is expensive. Currently it cost 70 to 90 dollars a barrel to produce. Increase production will lower the cost substantially.
Now we know why Saudi wanted Syria to escalate. The price of oil would have skyrocketed.
SA can always fall back on their Whabbist exports....
No, what's dangerous is the jihadi 7th century barbarians in your dirthole of a country, #ss##l#. Perhaps if after 4000 years you'd moved beyond wiping your backside bare handed and stopped exporting terrorism, I might give a #### about your plight and well being.
But, since that isn't the case, it looks like for you there's only oil for dinner; good news is there's plenty of it.
.. and let's deal with our domestic enemies as well as foreign enemies.
I think it can be argued that "green energy" as a replacement for oil is a devastatingly wasteful daydream; we must "drill now!" to stop the Western world and friends' dependence upon the Middle East;
and all the aging 1960s Marxist-Alinsky campus radical, psycho spoiled brats and their ideological issue, hate-America pukes in the Administration, academia, MSM, entertainment, et al -- arguably the Establishment -- can all go to hell; voluntarily or we'll send them there.
It's our turn to "Bring it all down, man!"
F’*! OPEC and the oil tankers they rode in on.
“I would like to see the Saudi’s eat their damned oil. Now the Western oil exporting countries should return the favor and destroy the OPEC cartel nation economies.”
Right you are.
Saudi oil sheikhs are one thing, but the world was for certain not ready for Nigerian oil barons.
Problem solved.
I’m amazed that Obama and his evil minions haven’t found a way to stifle the North American oil boom through ecology regulations, war with Canada or whatever.
He better appoint Algore as Stifle Czar real quick before the U.S. becomes (gasp) energy independent.
As I understand it, the EPA and the Interior department HAVE been trying their damnest to stifle the Oil shale boom and fracking in general.
Their a bit stymied though in that most of the surface land and mineral rights being used by the oil rigs is PRIVATELY owned and not Government owned as is the case in most of the west.
But give them time, I’m sure they’ll find a good reason to use Eminent Domain to steal it.
Pray tell, why are we cutting back more on purchases of Nigerian oil than Saudi oil? I’m inclined to tell them, “A plague on both your houses.”
LOL, you should see how the Chinese treated the workers, when they opened a mine in Zambia. It gave a new meaning to the term “neo-colonialsim.”
I don’t see Indonesia on the chart. Did they run out of oil?
Once again, despite the government, the private sector does more harm to our enemies than those who have sworn to defend us and the Constitution...
“I sure do wish that with all this oil/gasoline being produced in the US they would get our prices at the pump down. The cost of operating our vehicles is way too high - at least for me and everyone I know.”
The price of gasoline has been dropping even as oil was above $100/barrel. The cost is too high for every consumer. Place the blame with our wonderful government which is doing everything they can to derail cheaper energy
I’m just an old fashioned guy and remember the days when the higher the yield of my crop, the lower price I received. No they were not subsidy crops. I
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