Here Comes American OIL and There Goes Middle Eastern OIL...

Porter Stansbury is on Alex Jones show today 11/15/12. and he did not say this but it makes
perfect sense - America is shutting off Middle Eastern OIL ... and the Arabs are being played
to do it to themselves ... what are they going to do ... of coarse they are going to destroy their
means of shipping the crude... and I wonder if all this Arab Spring stuff is designed to do just
that... and how come all of a sudden - America starts discovering all this oil everywhere and
for the first time in 40 years is tapping it at an astronomical rate - and exporting it...
If you listen to Lindsey Williams he spells it out - but sort of cryptically... you have to read
between the lines and this oil is not going to benefit the American People... so we are turning
into the modern day Arabs.... interesting.... what are your thoughts.... ???

reply to post by 1BornPatriot


All part of the plan. The US has always looked after it's own interests at the expense of other nations. Self self self. Sadly you also see it in the psyche of it's people.

So the plan, buy up foreign oil when it's cheap and abundant, whilst sitting on their own oil supplies. Then, when foreign oil becomes less abundant, suddenly discover lots of domestic oil. Therefore securing and protecting your future.

Cunning, shifty, sly, protectionist, call it what you will.

yep it all makes perfect sense, and even though Lindsey Williams sounds like a loon most of the time he has been right a few times.

The only thing that I see happening that I didn't hear Lindsey mention was the use of fracking (i don't know how new the method/tech actually is).

The thing that sucks about using fracking instead of drilling oil reserves is it allot more poisonous for the environment and people so they get the added benefit of killing of civilians while producing BS fuels that we should have stopped using decades ago.

Makes no sense. USA doesn't produce the oil, PRIVATE companies produce the oil and pay a royaltee to the US government.

If there were huge deposits why would these PRIVATE COMPANIES just sit on it? The answer is that they would not. They would be producing it as fast as they possibly could to make more money because the next guy did.

Keep dreaming.

reply to post by OratoryHeist

reply to post by blahblah454



Not only that - we traded the Arabs - U.S. Dollars "Federal Reserve Notes" that didn't cost a few cents to print.... and the Arabs traded Oil for Paper.... and now the value of Paper is going to crash and the price of oil is going to zoom.... poor arabs - your wealth has burned up... back to the desert with you....

We have known about the massive amount of oil in America forever. My own grandmother was paid $10k for a ten year lease of oil rights on her farm 40 years ago or so. They never drilled. That was in Tennessee. As far as exporting it, it goes to the highest bidder. Now if they open up some government land for drilling then it could be set up for U.S. consumption only. Most of the oil is being taken from private land. This administration WANTS high gas prices so that alternative energy can compete with oil. That's why there will be no new drilling on public land.

reply to post by 1BornPatriot


The oil has always been here, in the Bakken Fields in the Dakotas and at Eagle Ford shale here in Texas, they just had to find a more effective and cost efficient way to extract it from the shale and thats where fracking comes in.

OMG do many of you just make stuff up?


Let's take North Dakota, which is the number 2 oil producer in the U.S. now, behind only Texas.

fracking tech has been around for a long time but it has improved dramatically in the last 6 or 7 years,
that made it economically practical to get to the oil that they have known about for over 50 years. We are talking about the Bakken.

Private oil companies, private mineral owners for the most part.
fracking a tight oil play does ZERO harm to the environment, maybe because they go down 1 to 2 miles.
(ok, getting the sand and properly disposing or cleaning up the frack water is something that can go wrong)

Bottom line is that there is no conspiracy here. North Dakota will keep increasing the number of wells and thus production will continue to increase. Gas production in the U.S. is slowing down because it is so cheap and plentiful but it still requires an expensive well, so the economics don't motivate operators. In fact if oil dropped below $60 a barrel, you would see operators slowing way way way down in North Dakota.....good for us is that the Saudi's need around $100 a barrel because of the enormous cost of their social welfare obligations. ( I mean good for me and those that have mineral or royalty interests)
But the point is, operators are in the business to make money, not to break even or out of their interest to fuel God and Country. The break even price is very near $60 a barrel like I said for North Dakota oil. There would be no oil produced in this Country if prices went to $20 a barrel.

Oh I think I remember a silly little man named Ron Paul saying we need to get off foreign oil and drill our own massive reserves out of Texas, the gulf and Alaska.

reply to post by 1BornPatriot


someone is going overtime on their hooka


the oil/gas leases are not being leased out for development---
at least not until a very hefty price is paid for the valuable leases....
because Øbama is going to head the 'Green' energy paradigm in this his 2nd term


now, there will need to be a several year ramp up to build the infrastructure that will create
LNG refineries that will transform all the shale deposits and the newly discovered fields of natural gas into Liquified Natural Gas which will be in direct competition with the Russia gas pipeline that supplies the EU community at present



yeah, there is a $100 Trillion in homeland energy that can be exploited ... but by a so-inclined leadership
and the Øbama regime is not in synch with that kind of future national destiny

It isn't that the US growth in oil production is that significant.

It is the decline in Saudi oil production. They stop putting out the numbers on
Saudi light sweet crude back in 2008. They have kept up output by producing more and more lower grades of crude.

The current increase in US oil production is temporary at best, tapping wells they wouldn't have bothered with while the Saudis still had strong production. Chances are high that unless fracking tech is improved, it will be made illegal.

If the oil companies had there way, and in Russia they will, then drilling will exapnd in the Arctic, and Russia will be the leading oil producing nation.

Originally posted by blahblah454
Makes no sense. USA doesn't produce the oil, PRIVATE companies produce the oil and pay a royaltee to the US government.

If there were huge deposits why would these PRIVATE COMPANIES just sit on it? The answer is that they would not. They would be producing it as fast as they possibly could to make more money because the next guy did.

Keep dreaming.

Because "private" companies can buy everything associated with producing the oil with a dollar that is valued higher in other countries, and sell that oil receiving more dollars in return, while sitting on land they know will have reserves in the future that will make bigger dollars because global supply has dwindled.

...


Not saying this is for sure the case, but you shouldn't be so quick to dismiss it.