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Thread: American Oil Growing Most Since First Well Signals Independence

  1. #1
    Join Date
    Apr 2007
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    Baltimore
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    Default American Oil Growing Most Since First Well Signals Independence

    Things are looking up.

    The U.S. expanded its oil production this year by the most since the first commercial well was drilled in 1859, upending a belief that Americans were increasingly hooked on foreign crude.

    Domestic output grew by a record 766,000 barrels a day to the highest level in 15 years, government data show, putting the nation on pace to surpass Saudi Arabia as the world’s largest producer by 2020. Net petroleum imports have fallen by more than 38 percent since the 2005 peak and now account for 41 percent of demand, down from 60 percent seven years ago, moving the U.S. closer to energy independence than it has been in decades.

  2. #2
    Join Date
    Dec 2004
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    31,328

    Default

    We have a lot of oil and a ton of natural gas. Let's go get it.

  3. #3
    Join Date
    Nov 2012
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    Quote Originally Posted by veritas View Post
    We have a lot of oil and a ton of natural gas. Let's go get it.
    And a huge amount of coal. We don't need no stinkin" foreign energy! Except maybe Canada's.

  4. #4
    Join Date
    Aug 2002
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    Colorado Front Range
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    9,660

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    Quote Originally Posted by bmorepunk View Post
    We still have to use environmental cautions.

    Years ago in western MD, coal mines were big job producers, as well as serving up energy. Today some of those long abandoned mines are still creating problems with the environment.

    Today the practice of fracking is the reason, so much oil and natural gas is being produced.

    Twenty years from now will fracking be an environmental nightmare?

    In some Colorado towns, fracking is being done within short distances of houses and schools.

  5. #5
    Join Date
    Oct 2012
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    Yogurtshire
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    2,755

    Default

    Alaska and BOTH coast.......... get it and get it now!

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