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Originally posted by audas
These figures include imports - production if by US COMPANIES - this includes American companies operating in middle east oil fields.....hmmmm. Its like saying the UK - Dutch have vast supplies because shell is producing large quantities in Nigeria.
66 percent of all US crude oil is imported from other countries, and the amount of oil imported from OPEC nations is roughly equal to the amount of oil produced domestically.
Originally posted by SLAYER69
reply to post by audas
My Mate is asleep in the other room.
Originally posted by breakingdradles
Were you going to yell at him? lol
Originally posted by audas
reply to post by SLAYER69
Slayer if you are attempting to provide us with US domestic resources then lets see that ? Again what you have shown us is simply a compilation of what the US produces and imports ???? It is MEANINGLESS TO THIS DISCUSSION -
Further your entire input here has been meaningless to the discussion - seriously get on track.
Further you have questioned my links - they contain significantly more reliable information than your own.
Thanks.
[edit on 14-8-2009 by audas]
Originally posted by audas
reply to post by SLAYER69
Slayer if you are attempting to provide us with US domestic resources then lets see that ?
I've been to China prior to westernisation and studied the language and culture for 20 years - India can say what it wants - it is light years behind China - it recently conducted its first space walk - something only America has achieved and sent its first man into space in 1968 - Indias first manned mission to space is planned for 2017 - in fact their first lunar mission failed as the sensors were radiated (pretty basic stuff).
There are often comparisons between these two nations and that is just guff of the highest order - China is literally half a century ahead of India - they would not stand a chance.
Originally posted by JayinAR
reply to post by SLAYER69
Oh, I see. I'll take it at that. The title on the chart left me curious.
In any event, even though we may produce 1/3 of our own, we COULD produce a crap-ton more. In fact, we could produce enough to compete with the Saudis, but we don't.
Federal limitations on domestic oil production have contributed to a steady decline in US production since 1985. By 1994, the United States was importing more than its total domestic production. Restricting supply raises prices and unnecessarily contributes to US reliance on foreign oil imports.
In petroleum industry parlance, production refers to the quantity of crude extracted from reserves, not the literal creation of the product.
An oil refinery is an industrial process plant where crude oil is processed and refined into more useful petroleum products, such as gasoline, diesel fuel, asphalt base, heating oil, kerosene, and liquefied petroleum gas.[1][2] Oil refineries are typically large sprawling industrial complexes with extensive piping running throughout, carrying streams of fluids between large chemical processing units.
Originally posted by JayinAR
reply to post by SLAYER69
No, I understand the terms.
What I'm saying is that we have the ability to pull a bunch MORE oil out of the ground. But that we don't.
We import from other places so that those contracts + the threat of war keep them trading on our dollar - hopefully.
Then other countries like Japan, who doesn't produce a lick of oil, have to borrow USD to trade oil with the Saudis, or whomever they get it from, and pay back the USD + interest.
We import more than we need in order to create an economic hegemony. I'm sure China is ramping up imports also for the same reason. And they are beating us as of right now as they are picking up contracts to import all over the place.
Originally posted by sunny_2008ny
reply to post by audas
I've been to China prior to westernisation and studied the language and culture for 20 years - India can say what it wants - it is light years behind China - it recently conducted its first space walk - something only America has achieved and sent its first man into space in 1968 - Indias first manned mission to space is planned for 2017 - in fact their first lunar mission failed as the sensors were radiated (pretty basic stuff).
There are often comparisons between these two nations and that is just guff of the highest order - China is literally half a century ahead of India - they would not stand a chance.
China, Russia and US have conducted spacewalks
India plans to put an astranuat in space by 2012, the 4 th country to do so, the manned lunar mission is in 2017
India's lunar mission did not fail, the spacecraft is still orbiting the moon, the height of orbit has been raised from 100 km to 200 km because one of the sensors malfunctioned due to radiation, a common problem for most moon missions. 95% of the work alloted to the Indian moon mission was done before the sensor malfunctioned.
India started it's space program in early 70s and China in late 60s
India conducted it's first nuclear test in 1974 and China is mid sixties
So maybe India is 10 years behind China but with enough nukes and missiles that can reach Beijing and Shanghai (Agni) it really does not matter
Originally posted by SLAYER69
Originally posted by breakingdradles
Were you going to yell at him? lol
[atsimg]http://files.abovetopsecret.com/images/member/e47ab2990ac5.png[/atsimg]
Nah here I am with my mate.
[atsimg]http://files.abovetopsecret.com/images/member/5308f15ae133.jpg[/atsimg]
[edit on 14-8-2009 by SLAYER69]