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US oil imports from Middle East increase

Whitewing

Well-known member
http://www.ft.com/intl/cms/s/0/d792c648-7f46-11e2-89ed-00144feabdc0.html#axzz2M0kDMs4U

EOM

obama-bow-saudi-king.jpg


billboardTampaObamaSaudisOct72012viaFR.jpg
 

MoGal

Well-known member
The American people are kept in the dark and fed bs and we lap it up.....

this first link is wanting you to sign up for their newsletter but here is the important part: http://www.energyandcapital.com/aqx_p/43640?gclid=CM7C7uW-2rUCFYs7MgodT0EAsA

March 1st, 2013

In February 2007, a large number to tar balls washed up on the beaches in Central California.

Naturally, residents in the area were concerned... thinking there had been an oil spill.

However, after several studies were performed, the U.S. Geological Survey concluded the oil had instead come from fissures in the seabed.

Fast-forward to 2013: You may have heard that CNN Money recently reported, “California could be the next oil boom state.”

Coincidence?

Not at all...

Those tar balls that had Central California residents worried have turned out to be the first piece of evidence of a HUGE oil formation that eclipses anything we’ve seen in recent years.

In fact, early estimates of oil volume have hovered around the 15.4 billion barrel mark — bigger than Eagle Ford in Texas... bigger than the Bone Springs Formation in New Mexico... and bigger even than the Bakken in North Dakota.

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US has surplus of oil at its disposal
http://www.timesledger.com/stories/2012/14/zizelis_all_2012_04_05_q.html

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The U.S. is poised to become a net exporter of gasoline for the first time in 60 years.
http://www.thestreet.com/story/11335781/1/good-news-on-us-gasoline-trade-surplus-not-so-good-for-oil-majors.html

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Expanded Seaway line pumps surplus oil from US Midwest
http://www.globalpost.com/dispatch/news/thomson-reuters/130111/update-2-expanded-seaway-line-pumps-surplus-oil-us-midwest

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http://usatoday30.usatoday.com/money/industries/energy/story/2011-12-16/us-oil-boom/52053236/1

IS anyone awake here?? We have a GLUT of oil and we're paying $3.60 a gallon????? Somebody is greedy and I know it isn't me cause it costs me $85 to fill up my tank. We should not be exporting ANY oil until these gas prices go to half of the current rate.

Edited to add just one more: http://johnjwrogers.hubpages.com/hub/-Americas-future-oil-surplus
 
A

Anonymous

Guest
Whitewing said:
http://www.ft.com/intl/cms/s/0/d792c648-7f46-11e2-89ed-00144feabdc0.html#axzz2M0kDMs4U

EOM

obama-bow-saudi-king.jpg


billboardTampaObamaSaudisOct72012viaFR.jpg

If that upsets you---You apparently forgot about old Brokeback Bush holding hands with and swapping spit with the Arab Princes- Eh :???: :wink: :p :lol: :lol:

http://www.youtube.com/watch?v=QRhDzpJV2TM
 

Steve

Well-known member
Those tar balls that had Central California residents worried have turned out to be the first piece of evidence of a HUGE oil formation that eclipses anything we’ve seen in recent years.

at least they are 'organic"... :shock:

Ocean conditions or an increase in the flow of natural oil also could play a role in this year's hike.

Tests of the oil found on this year's birds also have confirmed that the oil coating their feathers is from natural seeps, not from any sort of spill.

Unlike man-made pollutants, most oil and gas seeps are produced by natural geologic processes that take place over millions of years.

Naturally occurring gas seeps, contain methane, a greenhouse gas that contributes to global warming. Natural oil seeps can degrade water quality and endanger wildlife.

maybe if they drilled more, they could ease the pressure and reduce those pesky "natural seeps"
 

Steve

Well-known member
The truth is oil is a natural part of our oceans. In the Gulf of Mexico alone, over 5,000 barrels of oil a day (220,000 gallons a day, over 80 million gallons a year!)seeps out from vents in the earth into the ocean. It’s part of the natural cycle, but few will speak of this truth today. Oil is a natural substance. It’s part of the earth, and obviously ocean life continues every year despite over two million barrels of oil escaping in the Gulf of Mexico alone—a very small body of water compared to the Oceans, which experience the same phenomenon.

The largest problem within the Santa Barbara [California] channel is not drilling, but natural oil seepage. Oil and gas trapped in the Monterey Shale below the ocean floor seep up through fissures. It has been estimated that there are two billion barrels alone under an area known as the Coal Point Seeps.

A recent study by University of California at Santa Barbara professors Bruce Luyendyk, Ira Leifer and J. R. Boles estimates that natural seepage amounts to 10,000 gallons of oil and 3.5 million cubic feet of natural gas a day(nearly 1.3 billion cubic feet a year -- enough for 14,000 homes). That means about every three years there is the equivalent of a natural Exxon Valdez spill plus the natural emission of hundreds of millions of cubic feet of methane, a global warming gas much more powerful than CO2. (And that's just off the California coast!) The solution to stop this natural seepage is drilling and energy recovery to relieve the pressure under these underground fissures where the seepage occurs, which would have the additional benefit of reducing our dependence on foreign oil.

Save the environment... Drill for oil and gas ! Not to mention the jobs and revenue it would create..

to bad the environmentalists and Obama have their head stuck so far up their agenda to see the truth and the harm they are doing... :shock: :p :?


http://rense.com/general63/refil.htm
Oil Fields Are Refilling...
Naturally - Sometimes Rapidly
There Are More Oil Seeps Than All The Tankers On Earth
 
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