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"By 2020, the United States is projected to be the world’s largest oil producer as well as its largest consumer and exporter of petroleum products."
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"By 2020, the United States is projected to be the world’s largest oil producer as well as its largest consumer and exporter of petroleum products."
I subscribe to this newsletter,therein lies the story,quite interesting to be sure....
http://carnegieendowment.org/2013/06/19/uncovering-oil-s-unknowns/gb25
...wonder what happened to Iraq's #1 spot??
http://carnegieendowment.org/2013/06/19/uncovering-oil-s-unknowns/gb25
...wonder what happened to Iraq's #1 spot??
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dinarstar- VIP Member
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Join date : 2011-10-09
Re: "By 2020, the United States is projected to be the world’s largest oil producer as well as its largest consumer and exporter of petroleum products."
Interesting article, thanks ...
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Kevind53- Super Moderator
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Re: "By 2020, the United States is projected to be the world’s largest oil producer as well as its largest consumer and exporter of petroleum products."
What we dont hear about Iraqi Oil versus U.S. Oil Supplies
The oil in the Dakotas is'nt just only 2000 feet or less down...and thru only sand ...and in huge resovoirs ... like in iraq ..
90% of the oil in the Dakotas is shale ... very costly to get at .. they are doing a lot of slant drilling to get under that shale .. didnt they say they estimate around 300 billion barrels .. but only 3 billion barrels that they have actual access to in the Dakotas
We have lots of tar sands too in the U.S., but the ecologists wont allow the required open strip mining for that ... they have already even shut down coal mining in Pennyslvania, Ohio and West Virginia
Iraqs resources are way more profitibale and attainable than what we have here ... it's sweet crude in Iraq ..
They are still trying to get the Keystone pipeline built from Canada .. but the ecologists ... they are on it . . and they are trying to shut down the fracking of natural gas too.
I think theres big money supporting these ecological whacko groups... which is coming form Middle Eastern Oil Countries ..they get paid to lobby against drilling and mining in this country.
Just more for what it's worth....
The oil in the Dakotas is'nt just only 2000 feet or less down...and thru only sand ...and in huge resovoirs ... like in iraq ..
90% of the oil in the Dakotas is shale ... very costly to get at .. they are doing a lot of slant drilling to get under that shale .. didnt they say they estimate around 300 billion barrels .. but only 3 billion barrels that they have actual access to in the Dakotas
We have lots of tar sands too in the U.S., but the ecologists wont allow the required open strip mining for that ... they have already even shut down coal mining in Pennyslvania, Ohio and West Virginia
Iraqs resources are way more profitibale and attainable than what we have here ... it's sweet crude in Iraq ..
They are still trying to get the Keystone pipeline built from Canada .. but the ecologists ... they are on it . . and they are trying to shut down the fracking of natural gas too.
I think theres big money supporting these ecological whacko groups... which is coming form Middle Eastern Oil Countries ..they get paid to lobby against drilling and mining in this country.
Just more for what it's worth....
4aprofit- New Member
- Posts : 21
Join date : 2011-10-16
Re: "By 2020, the United States is projected to be the world’s largest oil producer as well as its largest consumer and exporter of petroleum products."
this subject has been on tv many times. first of all over 90 percent of our oil produced here is put up for bid and is sold to overseas markets number two in alaska we have one of the largest oil fields in the world and because of a deal papa bush made with saudia arabia they made the land a park and can never get oil there
Jayzze- VIP Member
- Posts : 5986
Join date : 2011-06-23
Re: "By 2020, the United States is projected to be the world’s largest oil producer as well as its largest consumer and exporter of petroleum products."
A while back the UN-Iraq Global Compact put up $400 Billion for 16,500 Companies from 140 Countries...to do business in Iraq....and many of these were countries that had more of their own oil than they could ever use...from their own countries...and many of them did'nt even have any environmental issues to deal with like the U.S...it just goes to show that you cant get this shallow of oil, extracted this fast, at these peak grades, with far less refining required...and even be competitive up against a country like Iraq with these massive pristine shallow oil fields...and it's been said by oil experts that Iraq is virtualy sitting on an ocean of oil under them...
4aprofit- New Member
- Posts : 21
Join date : 2011-10-16
Re: "By 2020, the United States is projected to be the world’s largest oil producer as well as its largest consumer and exporter of petroleum products."
And on anoter note...the 140 billion proven barrels of reserves of oil that Iraq supposedly has..that gave them such high world rankings for oil...has now been bumped up to between 300-350 billion barrels as per several news articles showing new figures...
A few years ago it was said that 30-50% of Iraqs oil is all that had been explored...but some experts stated at that time that only appx. 1 to 1.5% is all that had been seismographically mapped and charted...
A few years ago it was said that 30-50% of Iraqs oil is all that had been explored...but some experts stated at that time that only appx. 1 to 1.5% is all that had been seismographically mapped and charted...
4aprofit- New Member
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Join date : 2011-10-16
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