PJ, please let me know of one US pipeline that hasn't fought tough battles with liberal groups to get a deal done. FIND ONE PLEASE! Keystone is one of many.
Obama has great power over oil companies on public lands, and far less power of oil companies on private lands. Oil production on public lands is DOWN 30% since Obama took office, and up 60% on private lands. Obama is involved and business sucks. Obama is not involved and business is great.
Obama needs to eliminate the 18% royalty fee that all oil companies pay the federal government for pulling crude from public lands............especially on deep water projects.
Obama needs to lead the push to open crude exports.
Obama needs to lead the push for more pipeline construction and more oil refineries.
Obama needs to stop obstructing deep water projects.
No one needs to paint Obama as an "anti-business-enviro-nut". He has proven that himself.
Obama has great power over oil companies on public lands, and far less power of oil companies on private lands. Oil production on public lands is DOWN 30% since Obama took office, and up 60% on private lands. Obama is involved and business sucks. Obama is not involved and business is great.
Obama needs to eliminate the 18% royalty fee that all oil companies pay the federal government for pulling crude from public lands............especially on deep water projects.
Obama needs to lead the push to open crude exports.
Obama needs to lead the push for more pipeline construction and more oil refineries.
Obama needs to stop obstructing deep water projects.
No one needs to paint Obama as an "anti-business-enviro-nut". He has proven that himself.
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Originally posted by: pjstroh
Keystone pipeline is for oil sands - not fracking - so that point is bogus...which would suggest your outstanding intelligence on the subject would seem to fall short.
Oil companies have access to more drilling than they need - hence the "uncomfortably" low oil prices. And their costs are already vastly lower than deep water drillers and oil sand recovery.
I understand that people like Boilerman want to paint the president as an "anti-business-enviro-nut" but you cant say he's killing the fracking industry while simultaneously bragging about that industry's success. And yet that is what people like Boilerman do.
Its actually very entetrtaining to watch the critics. 2 years ago Mitt Romney was blaming Obama for high gas prices...now the critics are pissed that oil is so cheap!
Originally posted by: pjstroh
Keystone pipeline is for oil sands - not fracking - so that point is bogus...which would suggest your outstanding intelligence on the subject would seem to fall short.
Oil companies have access to more drilling than they need - hence the "uncomfortably" low oil prices. And their costs are already vastly lower than deep water drillers and oil sand recovery.
I understand that people like Boilerman want to paint the president as an "anti-business-enviro-nut" but you cant say he's killing the fracking industry while simultaneously bragging about that industry's success. And yet that is what people like Boilerman do.
Its actually very entetrtaining to watch the critics. 2 years ago Mitt Romney was blaming Obama for high gas prices...now the critics are pissed that oil is so cheap!
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Originally posted by: Boilerman
Not allowing drilling on public lands limits the technology learning curve. Not allowing pipelines, which limits exploration and drilling, limits the technology learning curve. No drilling equals no learning. Lots of drilling equals lots of learning.
I've got outstanding intelligence within this industry..............both on the exploration and production sides.Quote
Originally posted by: pjstrohQuote
Originally posted by: Boilerman
The cost to raise oil via horizontal drilling and fracking within the United States will drop $10 - $20 per barrel over the next 5-10. Technology is improving at a magnificent rate within this market. Just get Obama and friends out of the way.
I know thats your default response to everything but what exactly are Obama and friends doing to impede this technology?