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Things are so terrible that America was the world’s top petroleum, natural gas producer in 2017
hotair.com ^ | 5/24/2018 | Jazz Shaw

Posted on 05/24/2018 9:57:29 AM PDT by rktman

In case you’re growing tired of waking up every morning and checking social media or reading the Washington Post and hearing about how awful everything is these days, how about some good news? The U.S. Energy Information Administration has finished compiling all of the production numbers for last year and determined that America was the global leader in production of both petroleum and natural gas. And in terms of who else was in the hunt, it wasn’t even close.

(Excerpt) Read more at hotair.com ...


TOPICS: Business/Economy; Government
KEYWORDS: drillbabydrill; energy; palinwasright; refineries
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To: al baby

My wife asked me to take her some place expensive for dinner. So I took her to the gas station for a hot dog. - Rodney Dangerfield


21 posted on 05/24/2018 11:59:59 AM PDT by Sergio (An object at rest cannot be stopped! - The Evil Midnight Bomber What Bombs at Midnight)
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Great news! Drill baby drill! Frac some more - and most especially drill in ANWR.


22 posted on 05/24/2018 12:10:56 PM PDT by FLT-bird (..)
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To: HangThemHigh

I want to give the president and his cabinet the benefit of the doubt. Much of what we pay at the pump is taxes. If, along with increased production, we could slash the federal tax rates on gasoline, we’d see a nice drop. If they threw out CAFE standards and stopped with the winter/summer blend nonsense, it’d plummet even more.

(Caveat: I understand that blends are needed to meet demands of certain seasons, but a middle-of-the-road blend could meet both needs without having to retool our refineries twice a year.)


23 posted on 05/24/2018 1:18:05 PM PDT by rarestia (Repeal the 17th Amendment and ratify Article the First to give the power back to the people!)
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To: rarestia

Sorry, forgot the /sarcasm tag. But good points.


24 posted on 05/24/2018 2:13:35 PM PDT by HangThemHigh (Entropy is not what it used to be.)
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To: HangThemHigh

Contrarian view. We already have so damn much shale gas and oil in the ground, we don’t need NYS’s supply. Hold it in reserve for when we do need it.

Oversupply has already happened a couple times.

Another factor to consider is the development of additional technologies for other uses for natural gas. As those come along, then it will be time to open up fracking in NYS.


25 posted on 05/25/2018 6:58:05 AM PDT by bioqubit (bioqubit: Educated Men Make Terrible Slaves - Aristotle)
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