Harold Hamm talks to Obama

[okie52]

Harold Hamm and the 2012 Election


By Reihan Salam

October 3, 2011 6:36 P.M.

I’ll admit, I’m a little jealous that my take on President Obama’s approach to the shale gas shock hasn’t gotten as much play as Stephen Moore’s weekend interview with the energy entrepreneur Harold Hamm, but I console myself with the knowledge that Hamm is a pretty impressive figure. And Hamm also offers insight into how the president thinks about America’s energy future:


Mr. Hamm was invited to the White House for a “giving summit” with wealthy Americans who have pledged to donate at least half their wealth to charity. (He’s given tens of millions of dollars already to schools like Oklahoma State and for diabetes research.) “Bill Gates, Warren Buffett, they were all there,” he recalls.

When it was Mr. Hamm’s turn to talk briefly with President Obama, “I told him of the revolution in the oil and gas industry and how we have the capacity to produce enough oil to enable America to replace OPEC. I wanted to make sure he knew about this.”

The president’s reaction? “He turned to me and said, ‘Oil and gas will be important for the next few years. But we need to go on to green and alternative energy. [Energy] Secretary [Steven] Chu has assured me that within five years, we can have a battery developed that will make a car with the equivalent of 130 miles per gallon.’” Mr. Hamm holds his head in his hands and says, “Even if you believed that, why would you want to stop oil and gas development? It was pretty disappointing.”

This does seem somewhat strange. A marked increase in battery life might be a very good thing indeed. But what does that have to do with whether or not we should unlock vast supplies of natural gas and oil embedded in shale formations?

http://blogs.oilandgasinvestor.com/b...ergy%E2%80%99/

[Midtowner]

Meh.. it's hearsay from an industry insider with huge bias. I don't think the President is trying to "stop" oil and gas production. Imposing meaningful environmental restrictions aimed at the worst actors in the fracking and drilling industries though? I hope we're doing that.

[REDREX]

Obama and his merrymen are clueless about the energy business

[okie52]

Obama closed down the both coasts but, meh, he isn't trying to retard oil and gas production. Hearsay? Does Obama or any of his administration refute it? Has he ever done anything to encourage oil and gas exploration? Do Obama's actions like cap and trade and shutting down the coasts appear to you as an administration that wants to develop our resources?

Meaningful restrictions are fine as long as you understand what meaningful is rather than deliberate obstructions to oil and gas exploration.

[ictsooner7]

Obama closed down the both coasts but, meh, he isn't trying to retard oil and gas production. Hearsay? Does Obama or any of his administration refute it? Has he ever done anything to encourage oil and gas exploration? Do Obama's actions like cap and trade and shutting down the coasts appear to you as an administration that wants to develop our resources?

Meaningful restrictions are fine as long as you understand what meaningful is rather than deliberate obstructions to oil and gas exploration.

He did close off the coasts but has opened the gulf up.

[okie52]

Closing down both coasts is a flat out lie. Stop lying.

I already provided you the graphs and links showing it. I won't do it again for you since your memory is evidently incapable of retaining anything beyond a day.

On second thought maybe I shouldn't discriminate against someone like you with a limited capacity.

[ictsooner7]

I already provided you the graphs and links showing it. I won't do it again for you since your memory is evidently incapable of retaining anything beyond a day.

You are right and I am wrong. According to this, only Viirgina wanted drilling along their coasts. So stop trying to blame The President for closing it off. Before the BP spill he was opening up a lot more to drilling.

U.S. to Open New Areas to Offshore Drilling
By JOHN M. BRODER
Published: November 8, 2011

The plan, which is subject to months of public hearings and possible revisions, expands the areas in the Gulf of Mexico that are now under development, including some near Florida that have been off limits. It will also make available broader parts of the Arctic Ocean off the North Slope of Alaska and in the Cook Inlet off the state’s southern shore.

But unlike an administration plan announced shortly before the lethal BP blowout and spill in April 2010, the government is withdrawing all of the Eastern Seaboard from leasing consideration.

The earlier proposal, later reversed, drew sharp protests from state and federal representatives along the East Coast, except for a handful of Virginia officials who were eager to see drilling rigs off the state’s coastline. Ken Salazar, the interior secretary, said the new plan incorporated the lessons learned from the BP explosion, which killed 11 workers and poured nearly five million barrels of crude into the gulf. Mr. Salazar said the proposal was a balance between resource development and environmental protection, while acknowledging that drilling beneath 5,000 feet of water in the gulf or in the unforgiving conditions in the Arctic would never be free of risk.

Oil industry officials quickly criticized the plan, which covers the years 2012-17, saying it limits oil exploration at a time when the economy is in desperate need of jobs.

But Mr. Salazar said that oil production in 2010 was at its highest level since 2003 and that natural gas production was at its highest peak in 30 years. He said his proposed offshore lease strategy made available more than 75 percent of undiscovered and technically recoverable oil and gas resources.

Still, anticipating industry criticism, he said at a noon briefing for reporters, “We don’t believe we should open up every single place and look under every single rock in order to produce oil and gas.”

Jack N. Gerard, the president of the American Petroleum Institute, said in an interview that this was a missed opportunity for the administration.

“They failed to open additional areas that would have led to job creation, revenue generation and economic recovery,” Mr. Gerard said. “What they’ve offered today is significantly less than what the president offered in 2010. The reality is we’re moving in the wrong direction.”

Environmental advocates responded vehemently to the new plan, which they said put sensitive coastlines, waters and fisheries at risk in Alaska and in the gulf.

“Last year’s disaster in the Gulf of Mexico was supposed to be a wake-up call about the dangers of offshore drilling,” said Miyoko Saka****a, oceans director at the Center for Biological Diversity. “But it looks like President Obama hit the snooze button and slept right through it.”

Several groups pointed out the difficulties of dealing with a potential spill in the Arctic, where the nearest Coast Guard facility is almost 1,000 miles away.

David J. Hayes, the deputy interior secretary, acknowledged that the infrastructure did not now exist to prevent or respond to a major spill in the Arctic. Mr. Hayes said a response could be compromised by inclement weather, a lack of deep harbors, a shortage of appropriate vessels and inadequate oil transportation resources.

The department was addressing those concerns, he said, and as a result had scheduled any possible lease sales in Alaska for the end of the five-year lease program.

Frances Beinecke, the president of Natural Resources Defense Council and a member of the panel Mr. Obama named to investigate the BP spill, said approving new drilling without adequate safety measures was a “reckless gamble.”

“The president’s oil spill commission put forth a game plan to improve the industry’s safety, but it has yet to be realized,” Ms. Beinecke said in a statement. “Congress has failed to pass a single law to better protect workers or the environment. Industry has not invested sufficiently in developing the technologies needed to prevent future disasters. And the government still needs additional resources and science in order to effectively police an industry that so desperately needs it.”

[ictsooner7]

Here is the orginal proposal. Not quite the picture you're painting is it?


President Obama expands offshore drilling


Updated: 3/31/10 12:57 PM EDT

POLITICO 44

President Barack Obama launched an ambitious plan on Wednesday to lift a decades-long moratorium on offshore oil drilling along the East Coast from Delaware to Florida, in the Gulf of Mexico and Alaska.

“This is not a decision that I’ve made lightly,” he said in remarks at Andrews Air Force Base in Maryland. “But the bottom line is this: given our energy needs, in order to sustain economic growth and produce jobs and keep our businesses competitive, we are going to need to harness traditional sources of fuel, even as we ramp up production of new sources of renewable, homegrown energy.”

Obama’s decision is closely tied politically to the fate of the climate change bill jointly sponsored by Sens. Lindsey Graham (R-S.C.), John Kerry (D-Mass.), and Joe Lieberman (I-Conn.) And while it could win the president support from conservative Democrats and Republicans – Graham has said he would not support a bill that “doesn’t have offshore drilling in a meaningful way” – it is also likely to rile part of Obama’s Democratic base, particularly environmentalists.


In urging Congress to pass comprehensive energy and climate legislation, Obama attempted to bridge the political divide by tying offshore drilling to the nation’s security and stressing that it’s one piece of a larger energy plan.


“There will be those who strongly disagree with this decision, including those who say we should not open any new areas to drilling,” Obama acknowledged. “But what I want to emphasize is that this announcement is part of a broader strategy that will move us from an economy that runs on fossil fuels and foreign oil to one that relies more on homegrown fuels and clean energy. And the only way this transition will succeed is if it strengthens our economy in the short term and long term.”


“To fail to recognize this reality,” he concluded, “would be a mistake.”


Obama is proposing the first new offshore oil and gas sales in the Atlantic in two decades. The decision modifies a 20-year-old ban that limited new drilling, confining most to the seas off the Gulf of Mexico. The government will continue lease sales in the Central and Western Gulf of Mexico.


The president urged those on both sides of the energy debate to cede some ground. Addressing Republicans who believe his offshore drilling initiative doesn’t go far enough, Obama suggested they embrace his clean energy initiatives by pointing out that the United States has 2 percent of the world’s oil reserves, yet is responsible for 20 percent of global consumption.


Obama said his energy plan will boost the economy by putting the United States in position to compete in global energy marketplace “so that we are no longer tethered to the whims of what happens somewhere in the Middle East.”

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[REDREX]

Barack is going to turndown the Keystone Pipeline--- a really stupid decision

[OULenexaman]

yep....http://newsok.com/article/3641375

He's not doing anything to curtail O & G industry....nothing at all. This is his biggest boneheaded move to date. The man is nearly dickless.....he's even showing you in the picture.

[ictsooner7]

yep....http://newsok.com/article/3641375

He's not doing anything to curtail O & G industry....nothing at all. This is his biggest boneheaded move to date. The man is nearly dickless.....he's even showing you in the picture.

Ask bin Lauden how dickless he is. Ask willard after november how dickless he is. the idiot before him was a dickless coward, supporting the war from over here while letting his fellow coward cronies lie about Kerry a real American war hero!

[okie52]

President Obama’s Offshore Moratorium on New Drilling
•The Obama Administration has moved our country backwards in terms of offshore energy production. In 2008, in response to record-high gasoline prices, Congress and the President acted to end the decades-long bans on offshore drilling – opening new areas off the Atlantic Coast and the Pacific Coast.
•When President Obama took office, these offshore areas were open for energy production. Since that time, President Obama has systematically taken steps to effectively re-impose an offshore drilling ban.
◦
In March 2010, he abandoned the 2010-2015 leasing plan and announced a delay to the scheduled lease sales in offshore Virginia and in the Gulf of Mexico.

◦
In December 2010, the President announced an even more restrictive offshore drilling plan that placed the entire Pacific Coast, the entire Atlantic Coast, the Eastern Gulf of Mexico and much of Alaska off-limits to future energy production – as they were before the record gasoline prices in 2008.

•The President’s actions have placed some of the most promising shallow water resources in the world off-limits and pushed domestic oil development into a smaller fraction of the Gulf of Mexico and into deeper water. The lease sale off the coast of Virginia, originally scheduled to take place in 2011, was put on hold until after 2017.
•Failure to develop our offshore energy resources is costing American jobs, hurting our economy and denying American taxpayers revenue to help pay down the national debt. According to the American Energy Alliance, permanently lifting the offshore moratoria would result in 1.2 million U.S. jobs, $8 trillion in additional economic output (GDP), $2.2 trillion in total tax receipts, and $70 billion in additional wages each year.
•President Obama has taken our offshore energy policies back to the days of 2008 when gasoline prices were over $4 per gallon. He has imposed a drill nowhere new policy that has cost jobs, forfeited revenue and denied access to American energy that would lessen our dependence on foreign sources of energy. The following maps show how the Obama Administration has blocked access to our offshore energy resources.






• Under the plan announced by President Obama in April 2010, the majority of the areas open for drilling once the moratoria were lifted were once again closed. This included all of the Pacific Coast, the Northeastern Atlantic and Bristol Bay in Alaska.
• In total, the Obama OCS plan puts 13.14 billion barrels of oil and 41.49 trillion cubic feet of natural gas under lock and key.
• The Administration only considered development of the Mid-Atlantic, Southern Atlantic, Chukchi and Beaufort Sea following Draft Environmental Study work to be conducted over the next year.
• The Administration would allow drilling in a portion of the Eastern Gulf of Mexico if Congress lifted the ban that is in place until 2022.






http://naturalresources.house.gov/Ne...umentID=231015


When Obama announced areas in offshore VA would be considered for leasing he effectively shut down both coasts except for that area. When W left office he announced 5 areas to be considered for leasing on both the Atlantic and Pacific coasts. Obama delayed those as stated above. Now he has banned all offshore drilling on both coasts.

States have no say in offshore drilling/leasing as these are federal lands/waters just as the states don't control federal lands within their own state.

Obama has, true to form, has done his best to kill offshore drilling.

[okie52]

He did close off the coasts but has opened the gulf up.

He was under court orders (twice) to start issuing permits in the gulf that he deliberately slow played.

[OULenexaman]

Ask bin Lauden how dickless he is. Ask willard after november how dickless he is. the idiot before him was a dickless coward, supporting the war from over here while letting his fellow coward cronies lie about Kerry a real American war hero!

good afternoon to you to.....dickless BHO lover. I know this from your memory displayed here in this thread.

[okie52]

good afternoon to you to.....dickless BHO lover. I know this from your memory displayed here in this thread.

His memory is certainly convenient.

[okie52]

Reversing President Obama’s Offshore Moratorium Act (H.R. 1231)
Status: Passed the House by a bipartisan vote of 243 to 179. Awaits consideration by the Senate.







WASHINGTON, D.C., March 29, 2011 - •
The Reversing President Obama’s Offshore Moratorium Act will lift the President’s ban on new offshore drilling by requiring the Administration to move forward on American energy production in areas containing the most oil and natural gas resources.

•
In 2008, in response to record-high gasoline prices, both Congress and the President acted to end the decades-long bans on offshore drilling – opening new areas off the Atlantic Coast and the Pacific Coast. Since President Obama took office, he has systematically taken steps to re-impose an offshore drilling moratorium. He first abandoned the (2010-2015) leasing plan that would have allowed for drilling in these newly opened areas. He postponed and cancelled previously scheduled lease sales. He later announced a restrictive drilling plan that placed the Pacific, the Atlantic and the Eastern Gulf off-limits to future energy production – the way it was before the record high gasoline prices of 2008.

•
Specifically, the Reversing President Obama’s Offshore Moratorium Act will:

◦
Require that each five-year offshore leasing plan include lease sales in the areas containing the greatest known oil and natural gas reserves. For the 2012-2017 plan being written by the Obama Administration, the areas with the greatest known reserves are specifically defined as those estimated to contain 2.5 billion barrels of oil or 7.5 trillion cubic feet of natural gas. At least 50 percent of those areas must be made available for leasing in the 2012-2017 plan. Currently, the Obama Administration’s 2012-2017 draft plan includes no new leasing and drilling, only possible future lease sales in the Gulf. The requirements to lease in these most prospective offshore areas reverses the Administration’s effective moratorium on opening new areas.

◦
A state’s Governor may request to opt-in to a five-year leasing plan and the Secretary of Interior will include a lease sale, or sales, of the state’s offshore area in the plan.

◦
Require the Secretary to establish a production goal when writing a five-year plan. The goal will be the specific amount of oil and natural gas production that is estimated to result from leases made under the plan. Establishes the production goal for the 2012-2017 plan being written by the Obama Administration at 3 million barrels of oil per day and 10 billion cubic feet of natural gas per day by 2027. This 2012-2027 time encompasses the fifteen year period of the five-year plan and resulting ten-year leases made under that plan. By comparison to today’s levels, this increase in oil equates to a tripling of current American offshore production and would reduce foreign imports by nearly one-third.

◦
H.R. 1229, 1230 and 1231 could create 250,000 jobs short-term and 1.2 million jobs long-term according to Dr. Joseph Mason, economist and professor at Louisiana State University.

◦
H.R. 1231 will generate $800 million in revenue over 10 years according to the Congressional Budget Office

[KantoSooner]

Nothing to do with drilling moratoria, but I worked with a company that was in the fuel cell and battery business a few years ago. From what their engineers tell me, hope on either technology becoming mainstream in vehicle use in the next five years is somewhat between smoking crack and belief in a fairy god mother.

[okie52]

It is this lack of pragmatism on Obama's part that is disturbing. Maybe they will have a battery in 5 years that gets 130 miles per gallon. But at what cost? How long would it take for such a battery/car to be commercially viable? What life would be expected on such a battery? A lot of variables not stated by Obama yet he is willing to ignore or even harm the present opportunities in the "hopes" that some future technological advancements will meet our energy needs. It is really bankrupt of any logic.

[Ton Loc]

It is this lack of pragmatism on Obama's part that is disturbing. Maybe they will have a battery in 5 years that gets 130 miles per gallon. But at what cost? How long would it take for such a battery/car to be commercially viable? What life would be expected on such a battery? A lot of variables not stated by Obama yet he is willing to ignore or even harm the present opportunities in the "hopes" that some future technological advancements will meet our energy needs. It is really bankrupt of any logic.

This is my biggest gripe with Obama. His energy plan sucks.

People wouldn't be so gung-ho on batteries if they really knew what was in those batteries, how we get what is in those batteries, how they're made, and what happens to them when they are depleted. The only time batteries could be considered green is when they're in use.

Let me know when my hydrogen car will be ready.

[okie52]

I don't have a problem with the R & D on virtually all forms of energy/conservation but I do have a problem with risking our energy future on unknowns which is exactly what Obama is doing.