Oil Drilling

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KYCanuck
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Oil Drilling

Post by KYCanuck »

I know it is highly unpopular to post anything Positive about our President here.....but, I seem to remember 2 years ago when Gas was heading up over $4.00 per gallon everyone here on these forums were screaming for Bush to open up offshore drilling in this country. Of course I am sure he wasn't protecting any cronies in Texas by not doing so...... ;)

Anyway, when this story came out this week, I wonder why there were no posts about it! I guess we can't talk about anything good this administration is doing? =)) =))



The New York Times (The New York Times Company)
- Clipping Loc. 3-61 | Added on Saturday, April 03, 2010, 12:30 PM

Obama to Open Offshore Areas to Oil Drilling for First Time By JOHN M. BRODER WASHINGTON — The Obama administration is proposing to open vast expanses of water along the Atlantic coastline, the eastern Gulf of Mexico and the north coast of Alaska to oil and natural gas drilling, much of it for the first time, officials said Tuesday. The proposal — a compromise that will please oil companies and domestic drilling advocates but anger some residents of affected states and many environmental organizations — would end a longstanding moratorium on oil exploration along the East Coast from the northern tip of Delaware to the central coast of Florida, covering 167 million acres of ocean. Under the plan, the coastline from New Jersey northward would remain closed to all oil and gas activity. So would the Pacific Coast, from Mexico to the Canadian border. The environmentally sensitive Bristol Bay in southwestern Alaska would be protected and no drilling would be allowed under the plan, officials said. But large tracts in the Chukchi Sea and Beaufort Sea in the Arctic Ocean north of Alaska — nearly 130 million acres — would be eligible for exploration and drilling after extensive studies. The proposal is to be announced by President Obama and Interior Secretary Ken Salazar at Andrews Air Force Base in Maryland on Wednesday, but administration officials agreed to preview the details on the condition that they not be identified. The proposal is intended to reduce dependence on oil imports, generate revenue from the sale of offshore leases and help win political support for comprehensive energy and climate legislation. But while Mr. Obama has staked out middle ground on other environmental matters — supporting nuclear power, for example — the sheer breadth of the offshore drilling decision will take some of his supporters aback. And it is no sure thing that it will win support for a climate bill from undecided senators close to the oil industry, like Lisa Murkowski, Republican of Alaska, or Mary L. Landrieu, Democrat of Louisiana. The Senate is expected to take up a climate bill in the next few weeks — the last chance to enact such legislation before midterm election concerns take over. Mr. Obama and his allies in the Senate have already made significant concessions on coal and nuclear power to try to win votes from Republicans and moderate Democrats. The new plan now grants one of the biggest items on the oil industry’s wish list — access to vast areas of the Outer Continental Shelf for drilling. But even as Mr. Obama curries favors with pro-drilling interests, he risks a backlash from some coastal governors, senators and environmental advocates, who say that the relatively small amounts of oil to be gained in the offshore areas are not worth the environmental risks. The Obama administration’s plan adopts some drilling proposals floated by President George W. Bush near the end of his tenure, including opening much of the Atlantic and Arctic Coasts. Those proposals were challenged in court on environmental grounds and set aside by President Obama shortly after he took office. Unlike the Bush plan, however, Mr. Obama’s proposal would put Bristol Bay, home to major Alaskan commercial fisheries and populations of endangered whales, off limits to oil rigs. Actual drilling in much of the newly opened areas, if it takes place, would not begin for years. Mr. Obama said several times during his presidential campaign that he supported expanded offshore drilling. He noted in his State of the Union address in January that weaning the country from imported oil would require “tough decisions about opening new offshore areas for oil and gas development.” Perhaps in anticipation of controversy, the new policy has been closely held within the administration. White House and Interior Department officials began briefing members of Congress and local officials in affected states late Tuesday. It is not known how much potential fuel lies in the areas opened to exploration, although according to Interior Department estimates there could be as much as a three-year supply of recoverable oil and more than two years’ worth of natural gas, at current rates of consumption. But those estimates are based on seismic data that is, in some cases, more than 30 years old. The first lease sale off the coast of Virginia could occur as early as next year in a triangular tract 50 miles off the coast that had already been approved for development but was held up by a court challenge and additional Interior Department review, officials said. But as a result of the Obama decision, the Interior Department will spend several years conducting geologic and environmental studies along the rest of the southern and central Atlantic Seaboard. If a tract is deemed suitable for development, it is listed for sale in a competitive bidding system. The next lease sales — if any are authorized by the Interior Department — would not be held before 2012. The eastern Gulf of Mexico tract that would be offered for lease is adjacent to an area that already contains thousands of wells and hundreds of drilling platforms. The eastern Gulf area is believed to contain as much as 3.5 billion barrels of oil and 17 trillion cubic feet of gas, the richest single tract that would be open to drilling under the Obama plan. Drilling there has been strongly opposed by officials from both political parties in Alabama and Florida who fear damage to coastlines, fisheries, popular beaches and wildlife. Interior Department officials said no wells would be allowed within 125 miles of the Florida and Alabama coasts, making them invisible from shore. The Interior Department and the Pentagon are discussing possible restrictions on oil and gas operations in some areas off Virginia and Florida, home to some of the nation’s biggest Navy and Air Force facilities. States are also likely to claim rights to the revenues from oil and gas deposits within 3 to 12 miles of shore and to some portion of lease proceeds, officials said. Mr. Salazar developed the offshore drilling plan after conducting four public meetings over the past year in Alaska, California, Louisiana and New Jersey. The Interior Department received more than 500,000 public comments on the issue. Mr. Salazar has said that he hoped to rebalance the nation’s oil and gas policy to find a middle ground between the “drill here drill now” advocacy of many oil industry advocates and the preservationist impulse to block oil exploration beneath virtually all public lands and waters. He has called the offshore drilling plan a new chapter in the nation’s search for a comprehensive energy policy that can open new areas to oil and gas development “in the right way and in the right places,” according to an aide. In many of the newly opened areas, drilling would begin only after the completion of geologic studies, environmental impact statements, court challenges and public lease sales. Much of the oil and gas may not be recoverable at current prices and may be prohibitively expensive even if oil prices spike as they did in the summer of 2008. At the Wednesday event, Mr. Obama is also expected to announce two other initiatives to reduce oil imports, an agreement between the Pentagon and the Agriculture Department to use more biofuels in military vehicles and the purchase of thousands of hybrid vehicles for the federal motor pool.
==========
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Re: Oil Drilling

Post by Lock5 »

I'll give him credit we he announces the first drop of oil drilled, not the exploration of drilling.
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Re: Oil Drilling

Post by re3too »

Guess it's SO rare, we don't recognize it! :D :D :D I'm with Lock5....talk is always cheap and we been hearin'lots of cheepin', IMHO! :-o
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Re: Oil Drilling

Post by E_ »

I'm with KY Canuck. At least he signed it in... Of course we all knew Bush was tied into making money off oil and I would guess that even if Bush wanted to (I doubt he did) that the dems would have held him back and now handed it to O...
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Re: Oil Drilling

Post by Lock5 »

This is in line six of the "Times" article.

"would be eligible for exploration and drilling after extensive studies"

Like I say, when the first drop of oil is removed I will applaud the man.
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Re: Oil Drilling

Post by KYCanuck »

I guess that is the best we are going to get from this!!!! :)) =))

If anyone thinks that any Republican out there could do this without "extensive studies" you are fooling yourself. For every million people who want this to happen there are another million tree huggers who will oppose it and be waiving their plackards in the air!

Not to mention that for the million tree huggers there will be 20-50 Politicians in Washington (Republican and Democrat) who will be standing behind them supporting their protest so that they can ensure that they get elected again in the next election!

The point is, there is no real agenda on the political side except trying to please as many constiuents as possible in order to get reelected regardless of the cause! It's all about odds, not about doing something!
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Re: Oil Drilling

Post by katie »

Well KYCanuck, my response to this when it was mentioned in the news the other day was.... Well d@mn, good for him! I give him credit for having the balls to bring this subject up out of the blue when:

He's spouting about the "increase in jobs".. it's fact that the majority of the jobs are in DC for crissakes! 48,000 jobs were created to take the freaking census.

The American Auto Makers have an increase in sales..... the majority is in CHINA! ( I just think they're taking some of our debt out in trade, they probably figure they won't get their money back any other way) Now I know this put workers back to work, but don't make this sound like the American economy is up and people are now able to buy new cars!

Tree huggers, LOL, do you have any idea how many seniors would show up to kick some punk a$$ who tried to stop it? We are the MAJORITY in this country now and we are pi$$ed, sick and tired of the pansy a$$es on the hill. Being courteous and respectful is all that is required. This "political correctness" crap has made the U.S. the laughing stock of the whole d@mn world.

If he truly means to drill offshore, I will be the first to applaud this! I have a hard time believing this is not a little "smoke n mirrors" to get his numbers "popularity" back up.... You have to admit it is waaayyyy down. It's a well know fact the dems are just a tad nervous right now.... I do not recall this as part of his platform while "running" for pres. I also have a problem biting the hook as "clean" power has been his project since day one with billions already going to companies who were already in business! We would not have to drill offshore for any oil, there's plenty in the ground, we just don't have the refineries left here in the U.S. Open them back up, all is solved, lots of jobs available, plenty of US oil available, less dependence on foreign oil and now you can make those "out of work" census workers keep an eye on the oil people instead of drawing 3 yrs worth of unemployment and other taxpayed benefits.

Truly, it's the best news I've heard in a long time. But I don't think I will see it come to fruition... kudos to you for bustin us, lol. I have not had time to get on so much lately, but I'm still checkin in :)
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Re: Oil Drilling

Post by re3too »

Hi-jack Alert! What the heck ya doin up at 1:30AM on a school night, katie? 8-| 8-|
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Re: Oil Drilling

Post by katie »

LOL re3, I'm beginning to think I should not be watching 11:00 news anymore ;) Sometimes gets the blood boiling and hard to get it cooled down if ya know what I mean.... X( :-ss :-B

(i've always been a nite owl tho... it just sometimes runs into the morning now, lol)
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Re: Oil Drilling

Post by $parechange »

It's really me she is thinking bout. She can't keep her hands off me. That's what keeps her awake. :ymhug: :x :x ;)
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Re: Oil Drilling

Post by E_ »

8-|
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Re: Oil Drilling

Post by re3too »

Spare Change wrote:It's really me she is thinking bout. She can't keep her hands off me. That's what keeps her awake. :ymhug: :x :x ;)
Oh, brother! :^o :^o :^o
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Re: Oil Drilling

Post by Nervous Wreck »

Massive Oil Deposit Could Increase US reserves by 10x


America is sitting on top of a super massive 200 billion barrel Oil Field that could potentially make America Energy Independent and until now has largely gone unnoticed. Thanks to new technology the Bakken Formation in North Dakota could boost America’s Oil reserves by an incredible 10 times, giving western economies the trump card against OPEC’s short squeeze on oil supply and making Iranian and Venezuelan threats of disrupted supply irrelevant.

In the next 30 days the USGS (U.S. Geological Survey) will release a new report giving an accurate resource assessment of the Bakken Oil Formation that covers North Dakota and portions of South Dakota and Montana. With new horizontal drilling technology it is believed that from 175 to 500 billion barrels of recoverable oil are held in this 200,000 square mile reserve that was initially discovered in 1951. The USGS did an initial study back in 1999 that estimated 400 billion recoverable barrels were present but with prices bottoming out at $10 a barrel back then the report was dismissed because of the higher cost of horizontal drilling techniques that would be needed, estimated at $20-$40 a barrel.

ref:
http://www.nextenergynews.com/news1/nex ... 2.13s.html
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Re: Oil Drilling

Post by Nervous Wreck »

Obama is taking a baby step that leaves huge untapped energy reserves off limits.

http://theweek.com/article/index/201548 ... ng_for_oil
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Re: Oil Drilling

Post by Nervous Wreck »

U.S. HAS MASSIVE OIL RESERVES

There is an estimated 2 trillion barrels of oil buried beneath parts of Colorado, Utah and Wyoming. Geologists, petroleum companies and the federal government have known about these massive deposits for nearly a century. The trouble has always been: how do you get at it?

It is believed that the shale deposits in the Green River region of Colorado, Utah and Wyoming are holding the equivalent of approximately 1.5 trillion to 1.8 trillion barrels of oil. Called �oil shale� or �shale oil,� according to scientists and petroleum companies, much of it cannot be recovered with current technology due to the costly processing involved and the depth of the deposits buried beneath the Rocky Mountains.

Still, if only half can be extracted, scientists believe the amount is nearly triple the oil reserves of Saudi Arabia.

http://www.americanfreepress.net/html/u ... e_oil.html
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Re: Oil Drilling

Post by $parechange »

Numbers indicate that the tree huggers only account for 14% of the population. The rest of the US wants to be able to enjoy life and travel this great country. Gas has stopped this. I say F@#k the huggers, let’s get behind the ones who want to drill and show our support. I also agree that we should drill inland, which is much less cost, cheaper and much safer for the environment. I used to hunt in the Dakotas, and I will tell you that NO animals will be harmed by drilling. There are miles of land where nothing but snakes, badgers, skunks, deer, pheasants, live and it really is desolate. :ymapplause: :ymapplause: :ymapplause:
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