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re: The U.S. Energy Independent
Posted on 1/19/21 at 8:43 pm to cwill
Posted on 1/19/21 at 8:43 pm to cwill
Don’t come around here with no education on the subject you fricking troll. Go back to Reddit with your made up bullshite numbers. It’s is widely known and documented we export more than import (for now)
2
Posted on 1/19/21 at 8:47 pm to cwill
It’s a stupid talking point that only works when netted out because of the previously mentioned issues with refinery abilities. It also typically includes more than just mined resources, I.e. all energy capacity, which we have a frick load of.
Why does this pointless talking point exist? To give politicians credit for something they have nothing to do with. Want to thank someone for it? Thank frack engineers, deep water drillers, wind turbine developers, nuclear engineers, etc. No president has done a fricking thing to make this happen. It’s been supported by the private sector, by a shite ton of money and hard work for decades and we just happened to get there now.
Why does this pointless talking point exist? To give politicians credit for something they have nothing to do with. Want to thank someone for it? Thank frack engineers, deep water drillers, wind turbine developers, nuclear engineers, etc. No president has done a fricking thing to make this happen. It’s been supported by the private sector, by a shite ton of money and hard work for decades and we just happened to get there now.
This post was edited on 1/19/21 at 8:49 pm
Posted on 1/19/21 at 8:49 pm to billjamin
They spin doctor and gas light and are utterly uneducated about the industry as a whole.
Posted on 1/19/21 at 8:53 pm to back9Tiger
quote:
In 2019, the United States consumed an average of about 20.54 million barrels of petroleum per day, or a total of about 7.50 billion barrels of petroleum products.
LINK
quote:
Annual U.S. crude oil production reached another record level at 12.23 million barrels per day (b/d) in 2019, 1.24 million b/d, or 11%, more than 2018 levels.
LINK
2019 prod to 2019 consumption...last report I saw on current prod is 11mm bo/d. Consumption is down too due to COVID but I don’t know that number but know it still exceeds production.
Posted on 1/19/21 at 8:57 pm to billjamin
quote:
all energy capacity, which we have a frick load of.
But energy isn’t all equally interchangeable units. You can’t run ICE vehicles off of electricity or Nat gas or coal or nuclear. If you don’t have enough oil to meet domestic needs but an excess of gas can you honestly call that energy independence? Only if you torture the definition.
Posted on 1/19/21 at 8:59 pm to trinidadtiger
Posted on 1/19/21 at 9:03 pm to cwill
quote:
But energy isn’t all equally interchangeable units. You can’t run ICE vehicles off of electricity or Nat gas or coal or nuclear. If you don’t have enough oil to meet domestic needs but an excess of gas can you honestly call that energy independence? Only if you torture the definition.
Correct. Which is why this talking point is stupid at best and a lie at worst. I think it’s accurate to say our energy creation is balanced with our energy consumption. But independence is laughable, I seriously think someone in a marketing department made this idea.
Here’s a good example, as previously referenced about the refinery issues. Saudi cuts us off of the specific grade of crude we need. Yes, we’re fricked. It takes a long time to rework those refineries to handle a different grade if it’s even possible, it’s highly situationally dependent. Now there is some balancing impact that if our suppliers cut us off or drove up the price our exports would follow to an extent, but it can still create issues. We rely on trading the oil, not because we have excess but because we have different needs. It’s a better position to be in then being upside down on energy, but still bullshite and even bigger bullshite when politicians want to pat themselves on the back for it.
This post was edited on 1/19/21 at 9:05 pm
Posted on 1/19/21 at 9:11 pm to cwill
Okay, here is the EIA data:
Petroleum only makes up 31% of our energy production, natural gas is now the leader at 35%.
But c you just keep being you and only show partial data.
Question, when you watch a football game, do you only count some of the players that score so your pretend data fits your arguments???????
quote:
In 2019, U.S. energy production exceeded U.S. energy consumption on an annual basis for the first time since 1957. The United States produced 101.0 quads of energy and consumed 100.2 quads. After record high energy production and consumption in 2018, U.S. energy production grew 5.7% and energy consumption decreased by 0.9% in 2019.
Petroleum only makes up 31% of our energy production, natural gas is now the leader at 35%.
But c you just keep being you and only show partial data.
Question, when you watch a football game, do you only count some of the players that score so your pretend data fits your arguments???????
Posted on 1/19/21 at 9:13 pm to cwill
We will be making gasoline from natural gas if/when crude prices go up. There are a lot of Louisiana people, especially around LC, who would be very happy if oil was about $30 more a barrel.
Posted on 1/19/21 at 9:21 pm to back9Tiger
quote:
Don’t come around here with no education on the subject you fricking troll.
If you morons only knew what he does for a living.
Posted on 1/19/21 at 9:22 pm to trinidadtiger
quote:
But c you just keep being you and only show partial data.
Question, when you watch a football game, do you only count some of the players that score so your pretend data fits your arguments???????
You keep being you and not understanding the details of the data. Why don’t you deal with the several posts above explaining to people like you that all energy isnt interchangeable.
quote:
Question, when you watch a football game, do you only count some of the players that score so your pretend data fits your arguments???????
If Bama beats LSU by 7 do you count the ten white claws you drank as points for LSU and celebrate the victory?
This post was edited on 1/19/21 at 9:24 pm
Posted on 1/19/21 at 9:23 pm to barry
quote:
If you morons only knew what he does for a living.
I’m a stamp licker as far as anyone here knows.
Posted on 1/19/21 at 9:24 pm to cwill
The only person responsible for our oil and gas production increase is the fed for having basically zero interest rates and flooding the market with PE money looking for a return.
Posted on 1/19/21 at 9:31 pm to barry
The “money” for lack of a better term believed in shale and flooded the industry with cheap cash, created a boom/bubble which has led to this bust. The same is happening in alternatives now.
Posted on 1/19/21 at 9:34 pm to cwill
quote:
same is happening in alternatives now.
Posted on 1/19/21 at 9:36 pm to barry
Posted on 1/19/21 at 9:37 pm to cwill
Are you sure? There are some dudes here who drove a wireline truck for 18 months so they are pretty versed in international commodities.
Posted on 1/19/21 at 9:39 pm to cwill
quote:
The “money” for lack of a better term believed in shale and flooded the industry with cheap cash, created a boom/bubble which has led to this bust. The same is happening in alternatives now.
Nailed it. Which is why I feel like I keep flip flopping back and forth between them
Posted on 1/19/21 at 9:46 pm to barry
Energy is interchangeable, its called trade. You sell excess of one form and buy another.
Or do you spend one day making furniture, the next in the oil patch producing oil, and the next on a farm producing food. Of course not, you work, earn currency, and......trade that for goods and services, why is that so difficult to understand?
Or do you spend one day making furniture, the next in the oil patch producing oil, and the next on a farm producing food. Of course not, you work, earn currency, and......trade that for goods and services, why is that so difficult to understand?
Posted on 1/19/21 at 9:48 pm to barry
They’re just going to downvote now that all of their energy-bruh arguments gassed out.
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