Posted on Dec 4, 2022
OPEC keeps oil targets the same amid uncertainty on Russian sanctions
1.3K
23
4
10
10
0
Posted 2 y ago
Responses: 3
PO1 William "Chip" Nagel good day Brother William, always informational and of the most interesting. Thanks for sharing, have a blessed day!
(6)
(0)
1.) Oil Dependence and U.S. Foreign Policy
“The United States’ dependence on oil has long influenced its foreign policy. U.S. oil development spans three major periods: the rise of oil as a commodity, beginning in 1850; the post–World War II age of geopolitical competition; and the post–Cold War era of deregulation and diversification. Most recently, Russia’s war with Ukraine has aggravated geopolitical tensions and revived the debate about U.S. energy independence.”
SOURCE : https://www.cfr.org/timeline/oil-dependence-and-us-foreign-policy
2.) 5 Reasons Why the United States Can’t Drill Its Way to Energy Independence
ARTICLE
MAR 10, 2022
The solution to high energy prices is a swift and urgent transition to clean energy—not further reliance on dirty fuels controlled by dictators and profiteering oil corporations.
“Despite the oil and gas industry’s vigorous and incorrect public relations campaigns aimed at convincing people that their opportunism to drill more is a legitimate policy solution, the United States is already the world’s largest producer of oil and gas.
Domestic oil production is at 90 percent of America’s all-time, pre-pandemic high, and the United States is producing more than twice as many barrels of oil per day as it produced in 2008.
But energy independence won’t be found at the bottom of a well. We can never be energy independent while we rely on a fuel source that is both controlled by the global market and highly susceptible to international conflict and manipulation by autocratic regimes.”
* The oil and gas industry already has plenty of land and ocean ready to be used
* 9000 Approved permits to drill that are unused by the U.S. oil and gas industry
* Industry CEOs are profiting hand over fist while average families suffer
* The oil industry is sitting on 10 years’ worth of unused leases
* New oil projects won’t bring down prices or increase supply in the short term
** 23 million
Acres of lands and waters leased to industry but not being used for oil production
** 4+ The number of years, on average, it takes to begin producing oil and gas after leasing
** $75 billion Record profits posted by Shell, Chevron, BP, and ExxonMobil in 2021
SOURCE : https://www.americanprogress.org/article/5-reasons-why-the-united-states-cant-drill-its-way-to-energy-independence/
3.) Reducing America’s Dependence on Foreign Oil As a Strategy to Increase Economic Growth and Reduce Economic Vulnerability
AUGUST 29, 2013 AT 5:51 PM ET BY JASON FURMAN, GENE SPERLING
“Summary: President Obama's focus on increasing America’s energy independence is not just a critical national security strategy, it is also part of an economic plan to create jobs, expand growth and cut the trade deficit.”
SOURCE : https://obamawhitehouse.archives.gov/blog/2013/08/29/reducing-america-s-dependence-foreign-oil-strategy-increase-economic-growth-and-redu
“The United States’ dependence on oil has long influenced its foreign policy. U.S. oil development spans three major periods: the rise of oil as a commodity, beginning in 1850; the post–World War II age of geopolitical competition; and the post–Cold War era of deregulation and diversification. Most recently, Russia’s war with Ukraine has aggravated geopolitical tensions and revived the debate about U.S. energy independence.”
SOURCE : https://www.cfr.org/timeline/oil-dependence-and-us-foreign-policy
2.) 5 Reasons Why the United States Can’t Drill Its Way to Energy Independence
ARTICLE
MAR 10, 2022
The solution to high energy prices is a swift and urgent transition to clean energy—not further reliance on dirty fuels controlled by dictators and profiteering oil corporations.
“Despite the oil and gas industry’s vigorous and incorrect public relations campaigns aimed at convincing people that their opportunism to drill more is a legitimate policy solution, the United States is already the world’s largest producer of oil and gas.
Domestic oil production is at 90 percent of America’s all-time, pre-pandemic high, and the United States is producing more than twice as many barrels of oil per day as it produced in 2008.
But energy independence won’t be found at the bottom of a well. We can never be energy independent while we rely on a fuel source that is both controlled by the global market and highly susceptible to international conflict and manipulation by autocratic regimes.”
* The oil and gas industry already has plenty of land and ocean ready to be used
* 9000 Approved permits to drill that are unused by the U.S. oil and gas industry
* Industry CEOs are profiting hand over fist while average families suffer
* The oil industry is sitting on 10 years’ worth of unused leases
* New oil projects won’t bring down prices or increase supply in the short term
** 23 million
Acres of lands and waters leased to industry but not being used for oil production
** 4+ The number of years, on average, it takes to begin producing oil and gas after leasing
** $75 billion Record profits posted by Shell, Chevron, BP, and ExxonMobil in 2021
SOURCE : https://www.americanprogress.org/article/5-reasons-why-the-united-states-cant-drill-its-way-to-energy-independence/
3.) Reducing America’s Dependence on Foreign Oil As a Strategy to Increase Economic Growth and Reduce Economic Vulnerability
AUGUST 29, 2013 AT 5:51 PM ET BY JASON FURMAN, GENE SPERLING
“Summary: President Obama's focus on increasing America’s energy independence is not just a critical national security strategy, it is also part of an economic plan to create jobs, expand growth and cut the trade deficit.”
SOURCE : https://obamawhitehouse.archives.gov/blog/2013/08/29/reducing-america-s-dependence-foreign-oil-strategy-increase-economic-growth-and-redu
Timeline: Oil Dependence and U.S. Foreign Policy
The United States' dependence on oil has long influenced its foreign policy. This timeline traces the story of U.S. oil development.
(3)
(0)
CPL LaForest Gray
Greenhouse Gas Emissions
Global Greenhouse Gas Emissions Data
CO2 Emissions by Country 2022
1.) The Complete History Of Fossil Fuels
This complete history of fossil fuels will dwell on:
- Early uses of fossil fuels
- How the Industrial Revolution changed the world
- When the first commercial oil well was drilled
- The invention that changed the early use of oil and made it a key source of energy
- How the World Wars drove up oil demand
- How we use fossil fuels today
SOURCE :
https://oilprice.com/Energy/Energy-General/The-Complete-History-Of-Fossil-Fuels.html
SOURCE :
https://climatekids.nasa.gov/fossil-fuels-coal/
Global Greenhouse Gas Emissions Data
CO2 Emissions by Country 2022
1.) The Complete History Of Fossil Fuels
This complete history of fossil fuels will dwell on:
- Early uses of fossil fuels
- How the Industrial Revolution changed the world
- When the first commercial oil well was drilled
- The invention that changed the early use of oil and made it a key source of energy
- How the World Wars drove up oil demand
- How we use fossil fuels today
SOURCE :
https://oilprice.com/Energy/Energy-General/The-Complete-History-Of-Fossil-Fuels.html
SOURCE :
https://climatekids.nasa.gov/fossil-fuels-coal/
The Complete History Of Fossil Fuels | OilPrice.com
From coal to natural gas and oil, fossil fuels have become the world’s primary source of energy, but their rise to dominance was a long and grueling process
(1)
(0)
Russia says it will not accept $60 per barrel pricing. Gas is now down to $2.97 per gallon here. So much for all those political only types who said the price of gas would go up after the election. We see the world not as it is but as we are
(1)
(0)
Read This Next