Saudis not happy with Hussein and Hassan's bff going on ...

Discussion in 'Too Hot for Swamp Gas' started by dadx4, Oct 9, 2013.

  1. diehardgator1
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    diehardgator1 Well-Known Member

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    they wont let the xl pipe line go through The Trans Alaska line is decreasing every year You really thank they would let up build another one.



    "n an election year when access to domestic oil supplies will figure prominently in the presidential campaign, uncertainty is growing over how much life the critical Trans-Alaska Pipeline has left in it. The pipeline transports roughly 14 percent of U.S. crude oil supplies, yet energy companies are starting to suggest that the lifeline to some of the richest oil fields in the country may not be worth the expense of upkeep. Oil production in Alaska’s North Slope oil fields has declined every year since production peaked in 1988, and the consortium of energy companies that own the line say they are worried: If production slows down too much, the pipeline can become unsafe—or at least uneconomical—to run. But some watchdogs say the industry may be fudging its numbers as part of a ploy to get access to new, potentially rich oil fields.

    All the oil produced in the fields near Prudhoe Bay depends on the Trans-Alaska Pipeline System. Hailed as a marvel of engineering when it opened in 1977, the pipeline is a complex system of pipes and pump stations that last year sent 212 million barrels of crude 800 miles from the North Slope oil fields south across three mountain ranges to Valdez on Prince William Sound, 120 miles east of Anchorage. The line was a major engineering feat 35 years ago, and keeping it running is becoming an engineering challenge almost as daunting, especially in winter when Alaska’s bitter temperatures leave the pipeline and its pump stations vulnerable to ice, wax buildup, and other operational problems.

    Read more: How Much Life Is Left in the Trans-Alaska Pipeline? - Popular Mechanics
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  2. diehardgator1
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    diehardgator1 Well-Known Member

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    You can have all the oil in the world but if obama and environmental groups wont let you drill for it it does you no good
  3. SECund2nun
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    SECund2nun Well-Known Member

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    I don't care what the Saudi Royal terrorists say.
  4. Gatorrick22
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    Gatorrick22 Well-Known Member

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    Rep.
  5. G8trGr8t
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    G8trGr8t Premium Member

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    oil is a product that can cross borders. we cannot legally export oil but we can, and do, export refined petroleum products.

    if SA or others decrease production the price of oil goes up for everybody and unless the laws are changed domestically produced energy can be exported just like domestically produced corn, wheat, beef, etc. Until we are willing to tell the farmers they cannot export the corn, wheat, beef....so that our food prices are lowered why should we tell the mineral rights owner that they cannot sell their product on the open market?

    we currently pay around $3.75 per mcf for natural gas. China, Japan, and others are paying close to $16 for that same amount of energy. The EU pays around $11.7 per MCF. That abundance of cheap energy has generated hundreds of thousands of jobs and hundreds of billions in economic activity and wealth generation that would not have occurred without fracking and almost all of the production ahs been on private property in spite of this administration policies trying to stifle it. It has also decreased the amount of cash that flows out of this country every day.

    The energy revolution in this country over the last 5 years is the only thing that has kept us out of recession or depression yet this administration constantly tries to vilify the golden goose that is crapping golden eggs for our economy daily.

    Pathetic that we are the only major industrialized country in the world without a coherent energy policy. When we lose, and we will, the competitive advantage afforded us by cheap energy things will get worse. Sad and inexcusable that we are not taking full advantage of it by converting fleet vehicles and big rigs to nat gas. We would be paying appx. $0.60 for the same amount of energy that we are paying $3.8 for right now. Think that might help the economy if 60% of our material transportation costs (fuel) were reduced by 70%? Instead, we buy Chinese solar panels and windmills.

    China has a greater percentage of nat gas vehicles than we do and they pay 5x what we pay for nat gas. how messed up is that?

    We should be using coal for electricity (control sulfur and no mountain topping), nat gas for big rigs and fleet vehicles, and oil for cars and airplanes to take full advantage of our natural resources. If/when wind and solar total costs per kwh are less than the competition they will make their way into the market. Until then we are just driving up the cost of our energy and losing some of that competitive advantage that is the only thing helping to keep manufacturing here.

    Once nat gas crosses around $3.9 per mcf, electricity generated by coal becomes cheaper but that is being eliminated by this global warming religion loving administration due to their belief that CO2 is the cause of the theoretical projected one day possible global warming.

    fwiw, Russia isn't buying Canadian oil, China is. Russia is a exporter of oil and nat gas. And when 0 refused the XL it only accelerated the Canadian plan to build a pipeline and export terminal in Kitimat BC to ship their oil to China so we will lose out on the best reliable source of imported oil that we will ever have when that terminal gets built and the contracts with China signed. This will ultimately drive up the price of gas in our country as the WCS (western Canadian sour oil) that feeds a lot of our refineries currently trades around $70 per barrel because their market is limited to just one buyer (the US). Once they have a pipeline to export raw crude to China expect WCS to push up to around $90 and the price of gas in the US to push of 15 - 20%.

    Chu admitted that it was the aim of this administration to make carbon based fuels more expensive so that renewables could compete. doing so will wreck our economy so they have tempered their plan but it is obvious that this admin is he11 bent on raising the price of energy in this country if/when they can.

    With oil priced in dollars, all this printing is going to come back on us too once the dollar starts to depreciate or loses its place as the world currency but I will save that for another rant.

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