Daily Show takes on oil dependence

[GottaHavePride]

http://www.thedailyshow.com/watch/wed-june-16-2010/an-energy-independent-future


Seriously, this one is worth a look. Video clips of every President back to Nixon promising to make American energy independent of foreign oil. I'm cracking up.

[NormanPride]

I'd laugh, but it's just so sad...

[soonervegas]

nice

[sooner59]

I saw it on tv. I laughed pretty hard. That is good stuff right there.

[StoopTroup]

I DVR the show every night. About once a week he comes up with a good one.

[OklahomaTuba]

So 40+ years of failure by our government to make this country, one of the most resource rich nations on earth, energy independent?

Shocking!!

Should make you feel good about where your health care is headed. Hell just look at what the federal governments done to our education system!!

The sad fact is we would be energy independent, and we wouldn't have an impossible to fix oil well leaking in the gulf if the Government would just get out of the damn way to being with.

[GottaHavePride]

The sad part is Stewart worked a health care zing in there, too...

[Jacie]

So 40+ years of failure by our government to make this country, one of the most resource rich nations on earth, energy independent?

Shocking!!

Should make you feel good about where your health care is headed. Hell just look at what the federal governments done to our education system!!

The sad fact is we would be energy independent, and we wouldn't have an impossible to fix oil well leaking in the gulf if the Government would just get out of the damn way to being with.

I kinda doubt this.

We have the greatest energy consumption per capita of any nation in the world. Until they improve the efficiency of solar collectors to something in the 50% range it is unrealistic to expect for the U.S. to be "energy independent".

The U.S. is the most heavily drilled county in the world. No where else are wells drilled with the hope of producing 10 bopd.

Only in two other countries have wells been drilled horizontally to produce gas or methane from coal seams.

You can be down on the government for restricting drilling in oil rich places such as offshore California and the part of the North Slope of Alaska to the east of Prudhoe Bay, but the mess in the Gulf of Mexico was caused by BP Exploration. They cut corners and screwed the pooch.

[RUSH LIMBAUGH is my clone!]

I kinda doubt this.

We have the greatest energy consumption per capita of any nation in the world. Until they improve the efficiency of solar collectors to something in the 50% range it is unrealistic to expect for the U.S. to be "energy independent".

The U.S. is the most heavily drilled county in the world. No where else are wells drilled with the hope of producing 10 bopd.

Only in two other countries have wells been drilled horizontally to produce gas or methane from coal seams.

You can be down on the government for restricting drilling in oil rich places such as offshore California and the part of the North Slope of Alaska to the east of Prudhoe Bay, but the mess in the Gulf of Mexico was caused by BP Exploration. They cut corners and screwed the pooch.We have known domestic reserves for a VERY LONG time, you know.

[Jacie]

I do, actually. I worked for firms that tracked domestic petroleum reserves/production on a company by company basis for over 20 years.

Oil reserves vs annual production have declined to about an 8-year supply. The natural gas reserves:production ratio is around 20. I don't know what percent of imported to domestic oil is today but we crossed the 50 percent line a long time ago and we aren't going back as domestic production continues to decline while consumption continues to climb.

[SoonerInKCMO]

We have known domestic reserves for a VERY LONG time, you know.

And they've been decreasing for 40 years. Proved reserves are half what they were in 1970.

[sooner59]

Guys...one of these days we might actually go to war over oil...

:gary:

[RUSH LIMBAUGH is my clone!]

I do, actually. I worked for firms that tracked domestic petroleum reserves/production on a company by company basis for over 20 years.

Oil reserves vs annual production have declined to about an 8-year supply. The natural gas reserves:production ratio is around 20. I don't know what percent of imported to domestic oil is today but we crossed the 50 percent line a long time ago and we aren't going back as domestic production continues to decline while consumption continues to climb.I assume you are referring to some of the areas we are allowed to drill, and none of the areas the govt. has put off-limits to oil and gas production.

[GKeeper316]

Meanwhile, oil companies are making record profits...

And oil is a natural resource, which America has no problem with killing people over.

[Curly Bill]

YAWN

[oudavid1]

YAWN

this

[Jacie]

Guys...one of these days we might actually go to war over oil...

:gary:

WWII and Gulf War I . . .

[StoopTroup]

WWGD

What would Ghandi Do

[Jacie]

I assume you are referring to some of the areas we are allowed to drill, and none of the areas the govt. has put off-limits to oil and gas production.

That is correct, except that I was referring to all of the areas we are allowed to drill in the U.S. They are termed "proved" reserves as in proved by drilling.

Such estimates, at one time anyway, were considered good enough to get a bank loan. The Penn Square Bank collapse gave the practice a black eye. Some companies were making claims of huge reserves based on hype instead of the drill bit (the Fletcher field comes to mind). PSB sold loans to other banks that wanted in on what was a short term run up of gas prices, something like $10/mcf, and it didn't take long for that bubble to burst. When production didn't back up the lofty claims, the loans went bad, banks went down.

Official estimates of reserves must meet more stringent standards to be classified as proved now. They can still get it wrong, overestimate things, but now they err on the low side more often than not.

Any oil underlying the off-limits areas is termed "probable" and "possible".

[GKeeper316]

WWGD

What would Ghandi Do

use public transportation

[OklahomaTuba]

You can be down on the government for restricting drilling in oil rich places such as offshore California and the part of the North Slope of Alaska to the east of Prudhoe Bay, but the mess in the Gulf of Mexico was caused by BP Exploration. They cut corners and screwed the pooch.Talking to some friend who works in Duncan, it's all about the casing from their point of view.

[OklahomaTuba]

And oil is a natural resource, which America has no problem with killing people over.

And who have we killed because of oil??

I'd say next to none actually.

[GKeeper316]

And who have we killed because of oil??

I'd say next to none actually.

for oil? dont know... but feel free to ask any indian how he likes his massive forest that used to cover illinois, indiana, wisconsin and most of ohio...

[OklahomaTuba]

If we didn't clear that land, where would the Indian's put their casino's and smoke shops then?

Sounds like we did them a favor actually.

[Soonrboy]

If we didn't clear that land, where would the Indian's put their casino's and smoke shops then?

Sounds like we did them a favor actually.

Yeah, where are the "thank you" cards for that whole genocide thing?

[OklahomaTuba]

It's on the $20.00 bill, compliments of the Democratic Party.

[RUSH LIMBAUGH is my clone!]

Yeah, where are the "thank you" cards for that whole genocide thing?We have a BAD bad country. Let's just quit, and have some despot take us over...oh, wait!

[GottaHavePride]

Man, you guys can suck the fun out of anything.


Get it? Oil drilling? Sucking?

Oh, nevermind. You all fail at humor.

[sooner59]

WWII and Gulf War I . . .

I was being sarcastic.

[JohnnyMack]

The left doesn't want real energy independence.

Neither does the right.

The end.

[Okla-homey]

The left doesn't want real energy independence.

Neither does the right.

The end.

I think you're right JM. I would add only that the sides of the political spectrum do not want energy independence for entirely different reasons.

[1890MilesToNorman]

We need to develop an electrical generating device powered by the keyboard by the year 2050. The tried and true method of turning **** into electricity. Problem solved.

[RUSH LIMBAUGH is my clone!]

The left doesn't want real energy independence.

Neither does the right.

The end.Hooray for Moral Equivalence. Chalk one up for the Democrats!