U.S. oil production approaches 10 million barrels/day

[JGalt]

Frack baby frack!!

"Data released Friday by U.S. Energy Information Administration (EIA) for October showed that U.S. oil production could reach 10 million barrels a day by end of 2017.

The U.S. oil production in October was over 298 million barrels, or 25 million barrels more than that in January. And its production capability was over 9.6 million barrels a day, or 9.2 percent higher than January.

"U.S. crude oil production in October rose to the highest in more than 46 years and the production is expected to continue rising in 2018 to past historical level recorded in 1971 which will have significant effects on global energy balance..."

U.S. oil production capacity approaches 10 mln barrels per day | Brunei's No.1 News Website

 

[tyroneweaver]

Ever see Irene Dunn in the 1953 version of Blackbeard the Pirate.
William Bendix really makes a hoot out of her.

 

[RoshawnMarkwees]

That's Irene Ryan who played Granny.
Irene Dunne starred with Cary Grant, et al.

 

[IsaacNewton]

Increasing oil production in a world that is rapidly moving away from it is like increasing whale oil production after crude oil was discovered.

The days of Nantucket and Texas are nearing their end.

 

[RoshawnMarkwees]

Increasing oil production in a world that is rapidly moving away from it is like increasing whale oil production after crude oil was discovered.

The days of Nantucket and Texas are nearing their end.

Problem is there is no current replacement for crude oil the way crude oil replaced whale oil.
Democrats should not be allowed to vote.

 

[JGalt]

Increasing oil production in a world that is rapidly moving away from it is like increasing whale oil production after crude oil was discovered.

The days of Nantucket and Texas are nearing their end.

What kind of fantasy world do you live in? The world's oil consumption is not decreasing. Just about everything you buy is either made out of oil or required oil to manufacture it.

 

[Rexx Taylor]

Does this mean we could see $1.00 gas again?

 

[JGalt]

Does this mean we could see $1.00 gas again?

That would be nice. I think much of the oil goes to manufacturing though, and not made into gasoline. If we hadn't had a bunch of crackpot environmentalists and tax-freaks, there would have been more refineries built and fewer taxes on gasoline.

 

[skews13]

Increasing oil production in a world that is rapidly moving away from it is like increasing whale oil production after crude oil was discovered.

The days of Nantucket and Texas are nearing their end.

What kind of fantasy world do you live in? The world's oil consumption is not decreasing. Just about everything you buy is either made out of oil or required oil to manufacture it.

Whose chart is that, Exxon Mobil's?

Here's a couple of charts a lot closer to reality.

https://www.google.com/url?sa=t&rct...ld-peak-2020&usg=AOvVaw3mL8vjVPus5LZa7z22XHCz

And fossil fuels will peak in 2020.

https://www.google.com/url?sa=t&rct...7557756.html&usg=AOvVaw2bQlR1DWRK5e4FJJB7XjNW

China and India are both moving away from combustion engine vehicles that will collapse the oil industry.

https://www.google.com/url?sa=t&rct...v-revolution&usg=AOvVaw1QV3Etku6Zx9GVfErby6PA

https://www.google.com/url?sa=t&rct...n-the-world/&usg=AOvVaw1YN0rYO5uqnZsHo_UddS6l

While fossil fuels will still be around for awhile, renewables and especially solar are replacing them at a much faster rate than was thought earlier.

https://www.google.com/url?sa=t&rct...er-expected/&usg=AOvVaw16C3cWS292bRvb1UOHQW5x

 

[JGalt]

Increasing oil production in a world that is rapidly moving away from it is like increasing whale oil production after crude oil was discovered.

The days of Nantucket and Texas are nearing their end.

What kind of fantasy world do you live in? The world's oil consumption is not decreasing. Just about everything you buy is either made out of oil or required oil to manufacture it.

Whose chart is that, Exxon Mobil's?

Here's a couple of charts a lot closer to reality.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=6&cad=rja&uact=8&ved=0ahUKEwjPj92et7TYAhWwUd8KHdntABUQFghIMAU&url=https://www.carbonbrief.org/two-charts-show-how-fossil-fuels-could-peak-2020&usg=AOvVaw3mL8vjVPus5LZa7z22XHCz

And fossil fuels will peak in 2020.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=11&cad=rja&uact=8&ved=0ahUKEwjPj92et7TYAhWwUd8KHdntABUQFghoMAo&url=http://www.independent.co.uk/environment/coal-oil-demand-renewable-energy-solar-panels-electric-vehicles-investors-a7557756.html&usg=AOvVaw2bQlR1DWRK5e4FJJB7XjNW

China and India are both moving away from combustion engine vehicles that will collapse the oil industry.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&uact=8&ved=0ahUKEwiI_Ju9ubTYAhViluAKHaJXAiQQFggvMAE&url=https://www.vox.com/energy-and-environment/2017/9/13/16293258/ev-revolution&usg=AOvVaw1QV3Etku6Zx9GVfErby6PA

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&cad=rja&uact=8&ved=0ahUKEwiI_Ju9ubTYAhViluAKHaJXAiQQFgg1MAI&url=https://qz.com/1072643/electric-vehicles-india-is-about-to-embark-on-the-most-ambitious-electric-car-transformation-in-the-world/&usg=AOvVaw1YN0rYO5uqnZsHo_UddS6l

While fossil fuels will still be around for awhile, renewables and especially solar are replacing them at a much faster rate than was thought earlier.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=4&cad=rja&uact=8&ved=0ahUKEwiI_Ju9ubTYAhViluAKHaJXAiQQFgg7MAM&url=https://cleantechnica.com/2017/10/05/solar-leads-way-renewables-grow-faster-expected/&usg=AOvVaw16C3cWS292bRvb1UOHQW5x

You're still mistakenly thinking of oil as being only a "fuel". Do you have any idea how much worldwide manufacturing is using petroleum? Virtually everything is either made out of oil or requires oil at some stage of the manufacturing process, and the world's oil consumption is not going to level off. Nor will it be replaced by any other form of energy.

 

[Rustic]

Drill baby drill...

 

[Manonthestreet]

Increasing oil production in a world that is rapidly moving away from it is like increasing whale oil production after crude oil was discovered.

The days of Nantucket and Texas are nearing their end.

What kind of fantasy world do you live in? The world's oil consumption is not decreasing. Just about everything you buy is either made out of oil or required oil to manufacture it.

Whose chart is that, Exxon Mobil's?

Here's a couple of charts a lot closer to reality.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=6&cad=rja&uact=8&ved=0ahUKEwjPj92et7TYAhWwUd8KHdntABUQFghIMAU&url=https://www.carbonbrief.org/two-charts-show-how-fossil-fuels-could-peak-2020&usg=AOvVaw3mL8vjVPus5LZa7z22XHCz

And fossil fuels will peak in 2020.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=11&cad=rja&uact=8&ved=0ahUKEwjPj92et7TYAhWwUd8KHdntABUQFghoMAo&url=http://www.independent.co.uk/environment/coal-oil-demand-renewable-energy-solar-panels-electric-vehicles-investors-a7557756.html&usg=AOvVaw2bQlR1DWRK5e4FJJB7XjNW

China and India are both moving away from combustion engine vehicles that will collapse the oil industry.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&uact=8&ved=0ahUKEwiI_Ju9ubTYAhViluAKHaJXAiQQFggvMAE&url=https://www.vox.com/energy-and-environment/2017/9/13/16293258/ev-revolution&usg=AOvVaw1QV3Etku6Zx9GVfErby6PA

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&cad=rja&uact=8&ved=0ahUKEwiI_Ju9ubTYAhViluAKHaJXAiQQFgg1MAI&url=https://qz.com/1072643/electric-vehicles-india-is-about-to-embark-on-the-most-ambitious-electric-car-transformation-in-the-world/&usg=AOvVaw1YN0rYO5uqnZsHo_UddS6l

While fossil fuels will still be around for awhile, renewables and especially solar are replacing them at a much faster rate than was thought earlier.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=4&cad=rja&uact=8&ved=0ahUKEwiI_Ju9ubTYAhViluAKHaJXAiQQFgg7MAM&url=https://cleantechnica.com/2017/10/05/solar-leads-way-renewables-grow-faster-expected/&usg=AOvVaw16C3cWS292bRvb1UOHQW5x

So are some EU countries,,.....I don't think they have thought it through or have a chance in hell of making it. Can you imagine the chaos this artificial target will cause. Just another green war on the poor

 

[longknife]

What are petroleum products, and what is petroleum used for? - FAQ - U.S. Energy Information Administration (EIA)

 

[skews13]

Increasing oil production in a world that is rapidly moving away from it is like increasing whale oil production after crude oil was discovered.

The days of Nantucket and Texas are nearing their end.

What kind of fantasy world do you live in? The world's oil consumption is not decreasing. Just about everything you buy is either made out of oil or required oil to manufacture it.

Whose chart is that, Exxon Mobil's?

Here's a couple of charts a lot closer to reality.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=6&cad=rja&uact=8&ved=0ahUKEwjPj92et7TYAhWwUd8KHdntABUQFghIMAU&url=https://www.carbonbrief.org/two-charts-show-how-fossil-fuels-could-peak-2020&usg=AOvVaw3mL8vjVPus5LZa7z22XHCz

And fossil fuels will peak in 2020.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=11&cad=rja&uact=8&ved=0ahUKEwjPj92et7TYAhWwUd8KHdntABUQFghoMAo&url=http://www.independent.co.uk/environment/coal-oil-demand-renewable-energy-solar-panels-electric-vehicles-investors-a7557756.html&usg=AOvVaw2bQlR1DWRK5e4FJJB7XjNW

China and India are both moving away from combustion engine vehicles that will collapse the oil industry.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&uact=8&ved=0ahUKEwiI_Ju9ubTYAhViluAKHaJXAiQQFggvMAE&url=https://www.vox.com/energy-and-environment/2017/9/13/16293258/ev-revolution&usg=AOvVaw1QV3Etku6Zx9GVfErby6PA

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&cad=rja&uact=8&ved=0ahUKEwiI_Ju9ubTYAhViluAKHaJXAiQQFgg1MAI&url=https://qz.com/1072643/electric-vehicles-india-is-about-to-embark-on-the-most-ambitious-electric-car-transformation-in-the-world/&usg=AOvVaw1YN0rYO5uqnZsHo_UddS6l

While fossil fuels will still be around for awhile, renewables and especially solar are replacing them at a much faster rate than was thought earlier.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=4&cad=rja&uact=8&ved=0ahUKEwiI_Ju9ubTYAhViluAKHaJXAiQQFgg7MAM&url=https://cleantechnica.com/2017/10/05/solar-leads-way-renewables-grow-faster-expected/&usg=AOvVaw16C3cWS292bRvb1UOHQW5x

You're still mistakenly thinking of oil as being only a "fuel". Do you have any idea how much worldwide manufacturing is using petroleum? Virtually everything is either made out of oil or requires oil at some stage of the manufacturing process, and the world's oil consumption is not going to level off. Nor will it be replaced by any other form of energy.

I live in realville.

In realville automobiles will replace the horse and buggy.

Alternative energy sources will replace fossil fuels.

Are there still horses and buggy's around? Yes

Will fossil fuels still be around? Yes

But the era of the fossil fuel boom is over. Nobody is moving to use more of them, but everybody is moving to use less of them.

The trends are changing year by year, and in another 5 years, even todays estimates of soon fossil fuel will be replaced will be conservative.

Technologies replace other technologies as time goes on. That's just a fact of human evolution and scientific discovery. It's not a matter of ones preference. My vehicles still need gasoline to run, and I will be using it for the rest of my life, being the age I am. Whether or nit my grandson will be remains to be seen, based upon the technology available to him at that time. I hope he lives in a time where fossil fuels won't be the dominant source of energy demand.