President Obama's energy policies result in 5 1/2 year low for oil

[RobDownSouth]

The foresight and leadership of President Obama has resulted in $57 a barrel oil prices.

This is great news for America!

 

[Que]

Which of his state policies that have the effect of curtailing production did he reverse in order to cause the increase in production and earn him this acclaim?

 

[phrodeau]

Under Obama, the BLM lease arrangements were changed (use it or lose it). Fewer leases were issued, but the ones that were issued got developed.

This led Mitt Romney to holler that there were fewer leases issued and be mum about the production increases. And millions of conservatives assumed Obama's action curtailed production, when it actually encouraged it.

 

[Busybody]

didn't you LIBZ say that it takes TEN YRS from drilling to market?

so lets all say THANK YOU PRES BUSH!

 

[Busybody]

Which of his state policies that have the effect of curtailing production did he reverse in order to cause the increase in production and earn him this acclaim?

Have a snickers bar

The wait will be #long

 

[Adre]

The foresight and leadership of President Obama has resulted in $57 a barrel oil prices.

This is great news for America!

RWCJ #1 Rule: Obama the Commie Nigerian only gets blame. With a Republican in the WH prices would be $20 per.

 

[Busybody]

Which of his state policies that have the effect of curtailing production did he reverse in order to cause the increase in production and earn him this acclaim?

are you #still waiting for an answer

 

[Busybody]

I see Otiose is posting all sorts of shit....but no answer here...yet

Its OK

We'll #wait

 

[RobDownSouth]

RWCJ #1 Rule: Obama the Commie Nigerian only gets blame. With a Republican in the WH prices would be $20 per.

Pretty much. Like I've said before, if President Obama personally cured cancer today, Vetteman, query and busybody would all be here tomorrow lamenting the loss of good paying oncologist jobs that occurred on President Obama's watch.

 

[Busybody]

Pretty much. Like I've said before, if President Obama personally cured cancer today, Vetteman, query and busybody would all be here tomorrow lamenting the loss of good paying oncologist jobs that occurred on President Obama's watch.

non responsive to questions AXED

 

[Que]

Under Obama, the BLM lease arrangements were changed (use it or lose it). Fewer leases were issued, but the ones that were issued got developed.

This led Mitt Romney to holler that there were fewer leases issued and be mum about the production increases. And millions of conservatives assumed Obama's action curtailed production, when it actually encouraged it.

Possibly accelerating forward a few developments in the process of denying the bulk of leases is not a long term strategy of increased oil production by any stretch of the imagination. Any and all that were developed at that time were done because previous exploration showed likelihood of success.

Numbers?

 

[Ulaven_Demorte]

Possibly accelerating forward a few developments in the process of denying the bulk of leases is not a long term strategy of increased oil production by an stretch of the imagination.

Numbers?

The oil industry has constantly asked for more and more areas in which to drill (arctic preserve anyone) while the bulk of those sites already approved go unused. This is a simple tactic to control where and how much oil is drilled by the oil companies and so keep production low enough to ensure that the price per barrel remains higher.


It seems like telling the oil companies to use the leases they already have or lose them has worked. We're producing more than we have since the late 80's and prices are going down. All the while we're issuing less leases and giving leases on a LOT less acreage.

You want links? here you go, stats back to 1988.

 

[Ulaven_Demorte]

For example, in 2007 48,933 Leases were in effect on 4,634,736 acres of land. Of those 21,680 leases were actively producing.

In 2013 47,427 leases were in effect on 1,172,808 acres of land. Of those 23,507 were actively producing.

So less leases, a LOT less acreage leased, yet production has soared.

The highest month of production in 2007 was 161,344 thousand barrels.
The highest in 2013 (the latest we have complete data for) was 243,971 thousand barrels.
The highest so far for this year? 280,432 thousand barrels.

Source

 

[Busybody]

Since it takes 10 yrs....we thank Bush

 

[Que]

For example, in 2007 48,933 Leases were in effect on 4,634,736 acres of land. Of those 21,680 leases were actively producing.

In 2013 47,427 leases were in effect on 1,172,808 acres of land. Of those 23,507 were actively producing.

So less leases, a LOT less acreage leased, yet production has soared.

The highest month of production in 2007 was 161,344 thousand barrels.
The highest in 2013 (the latest we have complete data for) was 243,971 thousand barrels.
The highest so far for this year? 280,432 thousand barrels.

Source

So a 10% increase in production on public land during the period when oil prices were soaring is to his credit, and closing out more than 2/3 of the leases was a move to increase production? Got it.

Your inclusion of all oil produced in the US conflates production on private land which has nothing to do with the administrations policies.

The endless circumlocutions of administration apologists to paint night as day is amusing.

 

[Ulaven_Demorte]

Conventional vertical oil or gas wells take 3 to 10 days to drill, but directional drilling could extend this time to a month or more.

Production (if the well is good) can last from 7 to 10 years.

It doesn't take 10 years to see production from an oil well.

 

[Busybody]

When Bush said drill


You people screamed 10 yrs. ...I said bs.....but you said 10 yrs

 

[Ulaven_Demorte]

So a 10% increase in production on public land during the period when oil prices were soaring is to his credit, and closing out more than 2/3 of the leases was a move to increase production? Got it.

Your inclusion of all oil produced in the US conflates production on private land which has nothing to do with the administrations policies.

The endless circumlocutions of administration apologists to paint night as day is amusing.

True, there has been a significant drop in oil production on federal land and in the number of permits and leases issued. A drop tied, in part, to the unprecedented Deepwater Horizon oil spill.

Even the Institute for Energy Research acknowledged that "This decrease isn't a result of President Obama's policies exclusively, but it is the result of decades and policies that have systematically reduced energy production on federal lands."

The endless attempts to blame the President for all of the worlds ills while denying any accomplishments never ceases to amaze me.

 

[Busybody]

Ultimate Dummy. ...slept 2001...2008

 

[Que]

True, there has been a significant drop in oil production on federal land and in the number of permits and leases issued. A drop tied, in part, to the unprecedented Deepwater Horizon oil spill.

Even the Institute for Energy Research acknowledged that "This decrease isn't a result of President Obama's policies exclusively, but it is the result of decades and policies that have systematically reduced energy production on federal lands."

The endless attempts to blame the President for all of the worlds ills while denying any accomplishments never ceases to amaze me.

tied to deep WATER horizon which made such great sense to limit production on LAND. It was a convenient excuse because of the odd tar ball on a beach somewhere. This is not the action of a reasoned, nuanced energy policy.

The DECREASE not being ALL his fault is kinda like some increase being to his credit.

Federal restrictions is the entire reason there IS a DEEP water horizon rig. And no, this is not all Obama's fault but he sure as fuck gets no credit for making it better, since his stated aim and his actual actions have been to make LESS land available for drilling not MORE.

Despite Rob's insistence that when gas prices rise his policies that have the effect of reducing the projections of oil production he gets no blame, but when he makes no changes to those policies and industry thrives despite them he gets all the credit.

 

[RobDownSouth]

Despite Rob's insistence that when gas prices rise his policies that have the effect of reducing the projections of oil production he gets no blame, but when he makes no changes to those policies and industry thrives despite them he gets all the credit.

#AscriptionAgain

 

[Busybody]

#AscriptionAgain

You were axed what policies of

Hussein

Soetor

Obola

Led to lower prices

We still wait

 

[Que]

You were axed what policies of

Hussein

Soetor

Obola

Led to lower prices

We still wait

Since there were none, it is going to be a long wait, indeed.

 

[Busybody]

The chart I posted, clearly shows all

 

[Que]

Huh.

Still nothing?

He starts a thread with "Obama's Energy Policies" right there in the title and cannot name a single one that has the effect of increasing production.

His stated energy policy is to move us away from fossil fuels, but he gets credit for making them less expensive and more available?

I am pretty sure the same guy that said that "Electricity costs would necessarily skyrocket" and appointed the Energy Secretary openly advocating $8 a gallon gasoline did not set out to have the results we are seeing.

It's fun to pretend that the negative results of the projections that were made based on his actual policies are not attributable to him, while the results of private industry despite, not because of, those policies are attributable.

I guess asking him to defend the title of his thread would be "asking him to play defense."