Should Obama be credited for increased oil production??

[healthmyths]

It takes 3 to 5 years from exploration to production.
On average overall conception-to-full production process typically takes 3-5 years.

During 2008-2012 domestic oil production increased 29% and 2005-2012 natural gas production increased 27%.

Crude oil from Federal on- and off-shore leases peaked in 2010 and has decreased by 18% over the past 2 years.
In contrast, crude oil from non-Federal Private and State lands began increasing fairly rapidly and has increased by 33% since 2010.
The net impact on total U.S. crude oil production has been an increase of 14% 2010-2012.

The largest increase of U.S. crude oil production is clearly due to new well developments on non-Federal Private and State lands. During 2010-2012 total Private + State land crude oil production increased by 1,127,000 BPD.
This increase off-set all the 2010-12 reduction in Federal off-shore (397,000 BPD decline) and resulted in increasing total U.S. crude oil production by almost 700,000 BPD.

Obama?s Peaking Oil & Gas Legacy | The Energy Collective

So why then does Obama take credit for increased oil production when ALL the increase comes from non Federal lands
and all the decrease comes from what Obama controls.. Federal lands?

 

[MACAULAY]

Hell No...he should not get credit for it. He has been in the way.

He can not stop private land drilling and it has gone way up because of new techniques developed by private industry....and it given us a chance to get off the Arab tit which will be a godsend.

He has all but shut done drilling on federal lands.

For any of these bogus lying liberal/socialists to claim Obama has had anything to do with increased oil production in the US is nothing but a damnable lie.

 

[Lovebears65]

We should be drilling more if he allowed it on federal land but he wont so NOPE . Who should get the credit is private industry and private land owners

 

[bitterlyclingin]

I dunno about the increased oil production, but The Obambi is the greatest gun salesman who ever walked this Earth. Practically every one who went out and bought a gun since the first inauguration of Comrade Barack, January 20th, 2009, saw him as the second coming of either Adolph Hitler or Uncle Joe Stalin, mebbe with a few Mao tse Tungs and Pol Pots mixed in there as well.

God created man. Sam Colt made him equal.

 

[deltex1]

Should Obama be credited for increased oil production??



Only for that portion created by refining bull shit.

 

[boedicca]

The increase in oil production is IN SPITE of Obama's policies, not due to them.

 

[Mr. H.]

It takes 3 to 5 years from exploration to production.
On average overall conception-to-full production process typically takes 3-5 years.

During 2008-2012 domestic oil production increased 29% and 2005-2012 natural gas production increased 27%.

Crude oil from Federal on- and off-shore leases peaked in 2010 and has decreased by 18% over the past 2 years.
In contrast, crude oil from non-Federal Private and State lands began increasing fairly rapidly and has increased by 33% since 2010.
The net impact on total U.S. crude oil production has been an increase of 14% 2010-2012.

The largest increase of U.S. crude oil production is clearly due to new well developments on non-Federal Private and State lands. During 2010-2012 total Private + State land crude oil production increased by 1,127,000 BPD.
This increase off-set all the 2010-12 reduction in Federal off-shore (397,000 BPD decline) and resulted in increasing total U.S. crude oil production by almost 700,000 BPD.

Obama?s Peaking Oil & Gas Legacy | The Energy Collective

So why then does Obama take credit for increased oil production when ALL the increase comes from non Federal lands
and all the decrease comes from what Obama controls.. Federal lands?

He takes credit because he's a fucking idiot.

If his proposed budget is passed as is, oil and gas businesses will be hit with over $40 billion in taxes. Investment will dry up, production will fall, imports will rise, tens of thousands will lose their jobs.

Ass-hat Obama strikes again.

 

[francoHFW]

OP- Not really, but for popular, SAFE oil drilling yes...so yes. lol

 

[Vox]

No. Because the permits were given by previous administration.

Obama has cut the permits substantially, but that will effect us in the next 3-5 years.

 

[Trajan]

Example- the LNG boom is almost all from private acreage, and there are right now , I think 16 (?) permits being 'slow walked' by the DOE for Liq Nat. Gas, terminals so we can export it, thats how much we are producing, we could literally be the global king of LNG.

if we has started approvals some of these facilities would be at least 50-60% built by now, with the concomitant effects; jobs, economic output, tax $$ etc...



Yesterday, Obama Touted The Country’s Vast Supply of Natural Gas. obama: “Let’s develop a hundred-year supply of natural gas that’s beneath our feet.” (President Barack Obama, Remarks At A Campaign Event, Columbus, OH, 9/17/12)

Obama “Once Again Put Off Release For A Report On Liquefied Natural Gas Exports, Further Delaying Decisions” And Creating Uncertainty For The Market And Businesses. “The Obama administration on Monday once again put off release of a report on liquefied natural gas exports, further delaying decisions on the potentially contentious issue of sending U.S. gas abroad. Commissioned by the Energy Department to examine the economic impact of LNG exports, the report by an unidentified third-party contractor is now expected to be completed by the end of the year. The delay means any decision on natural gas exports will likely be made by the victor in the November 6 presidential election – either President Barack Obama or his Republican challenger, Mitt Romney.” (Ayesha Rascoe, “Energy Department Delays Release of LNG Export Report,” Reuters, 9/17/12)

With This Second Delay, The Energy Department Will Go Back On Its Pledge To Release LNG Report This Summer, Which Further Delays The Permitting Process. “The department, which has said it will not make any decision on allowing further LNG exports until the analysis is completed, had previously pledged to release the report by late summer. ‘The Department of Energy takes its statutory responsibility to make public interest determinations on natural gas export applications very seriously and is committed to taking the time necessary to get the decisions right,’ the department said in a statement. It was the second delay of the report, which was initially expected in March.” (Ayesha Rascoe, “Energy Department Delays Release of LNG Export Report,” Reuters, 9/17/12)

Having Approved Only One Permit, Obama Is Putting All LNG Applications “On Hold.” “The department has approved exports from just one project so far, Cheniere Energy’s Sabine Pass terminal. After that approval, the Obama administration put LNG export applications from companies such as Dominion Resources and Sempra Energy on hold pending the outcome of the economic analysis.” (Ayesha Rascoe, “Energy Department Delays Release of LNG Export Report,” Reuters, 9/17/12)

Obama Has Delayed Eight Applications For Liquefied Natural Gas Terminals. “The Obama administration, which must approve exports of liquefied natural gas, or LNG, to all but a handful of countries with free trade agreements, has approved one terminal for exports, Cheniere Energy’s Sabine Pass. It has delayed decisions on about eight applications for terminals from other companies, including Dominion Resources and Southern Co.” (Timothy Gardner, “Romney Campaign Hits Obama Admin’s Delay Of LNG Exports.” Reuters, 7/11/12)

 

[The T]

The increase in oil production is IN SPITE of Obama's policies, not due to them.

After all? The Great and powerful Obamessiah told US what his plans were BEFORE he got elected...He's shown it by policy...but yet? Private sector is doing what it must to keep US going despite the messiah's attack on energy, and the private sector...And he must be pissed because there's really nothing he can do about it. The people, private industry will beat down this Marxist SOB by whatever means.

 

[The T]

It takes 3 to 5 years from exploration to production.
On average overall conception-to-full production process typically takes 3-5 years.

During 2008-2012 domestic oil production increased 29% and 2005-2012 natural gas production increased 27%.

Crude oil from Federal on- and off-shore leases peaked in 2010 and has decreased by 18% over the past 2 years.
In contrast, crude oil from non-Federal Private and State lands began increasing fairly rapidly and has increased by 33% since 2010.
The net impact on total U.S. crude oil production has been an increase of 14% 2010-2012.

The largest increase of U.S. crude oil production is clearly due to new well developments on non-Federal Private and State lands. During 2010-2012 total Private + State land crude oil production increased by 1,127,000 BPD.
This increase off-set all the 2010-12 reduction in Federal off-shore (397,000 BPD decline) and resulted in increasing total U.S. crude oil production by almost 700,000 BPD.

Obama?s Peaking Oil & Gas Legacy | The Energy Collective

So why then does Obama take credit for increased oil production when ALL the increase comes from non Federal lands
and all the decrease comes from what Obama controls.. Federal lands?

Obama speaks with two faces...it's what 'community organizers' do to make themselves look good even though they had ZERO to do with the private sector producing to SPITE his anti-private sector policies.

TRUTH always finds a way over tyranny.

 

[The Rabbi]

Yes. The increase in oil production is due to Obama.
The increase in gasoline prices at the pump is due to George Bush.

Isn't that clear?

 

[idb]

The increase in oil production is IN SPITE of Obama's policies, not due to them.

I bet you say that about any positive news.

 

[idb]

Increasing oil production isn't anything to be proud of.

 

[The T]

Increasing oil production isn't anything to be proud of.

WHY? It is this Earth's (and Human Kind's current ENGINE for the forseeable future until OTHER technologies can become cheaper (and without GUBMINT intereference for political gain and then become policy).

*TRY again *

 

[The T]

The increase in oil production is IN SPITE of Obama's policies, not due to them.

I bet you say that about any positive news.

WHAT positive news is it you refer?

 

[idb]

Increasing oil production isn't anything to be proud of.

WHY? It is this Earth's (and Human Kind's current ENGINE for the forseeable future until OTHER technologies can become cheaper (and without GUBMINT intereference for political gain and then become policy).

*TRY again *

Try using it more efficiently.
Try driving harder to find alternatives.
Why take pride in remaining dependent on 100 year old technology?

 

[The T]

Increasing oil production isn't anything to be proud of.

WHY? It is this Earth's (and Human Kind's current ENGINE for the forseeable future until OTHER technologies can become cheaper (and without GUBMINT intereference for political gain and then become policy).

*TRY again *

Try using it more efficiently.
Try driving harder to find alternatives.
Why take pride in remaining dependent on 100 year old technology?

Tech IS...WHICH is economically viable? Answer? ZERO.

 

[idb]

The increase in oil production is IN SPITE of Obama's policies, not due to them.

I bet you say that about any positive news.

WHAT positive news is it you refer?

Oooohhhh, I don't know...the shrinking deficit maybe?