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brenthutch

USA now top oil producer in the world!

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Whatever happened to "peak oil"? #rotflmao

"The U.S. has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America’s shale fields.
U.S. oil production rose to a record last year, gaining 1.6 million barrels a day, according to BP Plc’s Statistical Review of World Energy released on Wednesday. Gas output also climbed, putting America ahead of Russia as a producer of the hydrocarbons combined.
The data showing the U.S.’s emergence as the top driller confirms a trend that’s helped the world’s largest economy reduce imports, caused a slump in global energy prices and shifted the country’s foreign policy priorities.
“We are truly witnessing a changing of the guard of global energy suppliers,” BP Chief Economist Spencer Dale said in a presentation. “The implications of the shale revolution for the U.S. are profound.”"

It is worth noting that this energy boom is taking place on private and state owned lands. Oil and gas production on federal lands is actually down. Just imagine how awesome it will be when we get an administration that is not suffering from a cranial/rectal inversion.

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brenthutch

"The U.S. has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts...



Yeah, you should ask the people in Oklahoma about seismic shifts.
quade -
The World's Most Boring Skydiver

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quade

***"The U.S. has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts...



Yeah, you should ask the people in Oklahoma about seismic shifts.

Do you mean the earth shuddering increase of well paying jobs and economic development?

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A lot of our (the company I work for) wells are in the Bakken, and with oil prices so low the operators have started choking back production on new wells. Hopefully when prices come back up, the production numbers will still be up....also, I fucking hate this industry.

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brenthutch

******"The U.S. has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts...



Yeah, you should ask the people in Oklahoma about seismic shifts.

Do you mean the earth shuddering increase of well paying jobs and economic development?


LOL!
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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quade

***"The U.S. has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts...



Yeah, you should ask the people in Oklahoma about seismic shifts.


Participant in the 2011 National Level Exercise (NLE) in Jeff City, Missouri
Certificated all the way up through National Incident Commander by FEMA, USFS and USCG.
I sit on the Tulsa Hazard Mitigation Committee that develops the plans to submit to the State to submit to FEMA.
Earthquakes are part of our City Disaster Plan.
Extent of a 6.8 on the New Madrid Fault: See Pic (it happened in late 1800s)

Interesting Articles:

http://kfor.com/2014/08/22/usgs-odds-of-major-quake-in-oklahoma-growing-heres-why/

http://news.nationalgeographic.com/news/energy/2014/07/140731-oklahoma-earthquake-spike-wastewater-injection/
Nobody has time to listen; because they're desperately chasing the need of being heard.

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BIGUN

******"The U.S. has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts...



Yeah, you should ask the people in Oklahoma about seismic shifts.


Participant in the 2011 National Level Exercise (NLE) in Jeff City, Missouri
Certificated all the way up through National Incident Commander by FEMA, USFS and USCG.
I sit on the Tulsa Hazard Mitigation Committee that develops the plans to submit to the State to submit to FEMA.
Earthquakes are part of our City Disaster Plan.
Extent of a 6.8 on the New Madrid Fault: See Pic (it happened in late 1800s)

Interesting Articles:

http://kfor.com/2014/08/22/usgs-odds-of-major-quake-in-oklahoma-growing-heres-why/

http://news.nationalgeographic.com/news/energy/2014/07/140731-oklahoma-earthquake-spike-wastewater-injection/

The ones in 1811 were 8+ but that is far different than the earthquake swarm that has been occurring in OkieLand.;)

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