Mistrust overshadows Obama's Saudi trip

Ahhhh, riiiight we need far more BP oil spills maybe a few in Alaska and a coupler more in the gulf....
The world needs a new energy source, and the oil companies have it but wont let go till the last drop of gas is paid for.........................

neo96

Kali74
reply to post by neo96

 

Tell your Big Oil homies to cut ties with the Saudi's then.

How about tell the church of climatology to back off, and stop banning oil drilling here in the US, and blocking things like the Keystone pipeline.

That oil. The world engine has to come from somewhere.

Take a good look at the world the church of climatology made.

Yes tell climatology to back off who needs breathable air and clean water to drink anyway. Let them pollute as much as they want huh?

Oil production has increased here in the states and the pipeline isn't needed that is only for lining the pockets of big oil and won't help America one bit. We can easily move the oil by railways.

The world could easily go from a energy based economy to a resource based economy but that won't happen seeing how many governments are owned by big oil.

Kali74
reply to post by xuenchen

 

Because we're using more of our own oil...

Hello?

Hows that ?

Since most people don't have jobs, and is working part time so they don't have the cash to put gas in their cars.

And since they don't have jobs, and is working part time they don't have the $40 grand to plop down on one of them 'new fangled' electric cars.

And then there is the fact the us dollar is buying less today, and the increase cost of oil addes more expense to goods across the boards.

Stuff like food, etc.

Considering this:

www.forbes.com...

The 102.159 million Americans not working in December is not the all-time record of Americans not working. That all-time record was set in October, 2013, at 102.896 million. The employment-population ratio that month was an even more pitiful 58.2%.

Someone really needs to explain with 100 million Americans how we are 'using more oil'.

reply to post by buster2010

Yes tell climatology to back off who needs breathable air and clean water to drink anyway. Let them pollute as much as they want huh?

Like in China, and the Middle East ?

The only thing the church of climatology has done is create more war, and just redistributed pollution to other countries.

Meanwhile they pat themselves on the back for a 'job well done'.

The world could easily go from a energy based economy to a resource based economy but that won't happen seeing how many governments are owned by big oil.

Sorry there is nothing that delievers the 'bang for the buck' than oil or fossil fuels.

Whether people want to admit it or not.

The current technology progress of mankind is owed from fossil fuels.

NOTHING ELSE delievers the same return.

beezzer

daskakik
reply to post by beezzer

 

The US is the 3rd largest producer of oil after russia and the saudis. You don't get into that spot without being able to drill.

We're obviously not drilling enough. We need to stop giving the ME any money, period!

Then they can fight all they want, and when they are done, we'll deal with them.

We don't need to buy oil from the ME in the first place the only reason why we do it is because of the kick backs the oil companies here in the states get. If we were to stop shipping oil and gas overseas we would have more than enough for America.

daskakik
reply to post by neo96

 

So how do you explain the amount of oil being produced?

Says who ?

The US government who has been proven to be liars time, and time again ?

reply to post by neo96

Yeah, I thought so.

Yes tell climatology to back off who needs breathable air and clean water to drink anyway. Let them pollute as much as they want huh?

reply to post by buster2010


Here we go, like the "green" solutions that have been given are not their own bunch of trouble. Mercury in light bulbs anyone??? Sorry but the green movement is touted by some pretty grand climate abusers. It seems it's less about the environment than about creating a new big control mechanism. As to the actual OP, playing ball with the Saudi's is getting tiresome. From the things I have learned about the country from some folks who have been there, they need us more than we need them. Amazing how much effort is spent training their pilots and such. They may have $$$ from their oil but they can't go it alone. They want what the west has and getting it from China or Russia is not the way to go. The west has all sorts of high tech toys that they are more then willing to sell to just about anyone. How many countries have US fighter planes??? They Russian stuff is older tech and not much of a status symbol for being modern.

Kali74

daskakik
reply to post by beezzer

 

The US is the 3rd largest producer of oil after russia and the saudis. You don't get into that spot without being able to drill.

Yep and we produce more oil than we import.

Kali74
reply to post by xuenchen

 

Because we're using more of our own oil...

Hello?

Knock Knock.


oil production 7.4 million barrels per day


imports around 9 million barrels per day


Who's there?


exports around 3.8 million barrels per day.

reply to post by xuenchen


Yes, so we're producing 10k per day and exporting 3

We're importing 9k a day.

We're producing more than we are importing, my statement stands.

Kali74
reply to post by xuenchen

 

Yes, so we're producing 10k per day and exporting 3

We're importing 9k a day.

We're producing more than we are importing, my statement stands.

No.

producing 7.4 million barrels per day.

importing 9 million barrels per day.

[ keeping straight before edit ]......

How about we all go for a nice walk?

Kali74
reply to post by xuenchen

 

Yes, so we're producing 10k per day and exporting 3

We're importing 9k a day.

We're producing more than we are importing, my statement stands.

No it doesn't.

We are producing 7.4 million.

We are importing 9 million,

Which means we are USING 16.4 million barrels a day.

Because we are USING MORE than we PRODUCE so it has to be imported.

How much oil does the United States consume per year?

The United States consumed a total of 6.87 billion barrels (18.83 million barrels per day) in 2011 and 7.0 billion barrels (19.18 million barrels per day) of refined petroleum products and biofuels in 2010. For both years, this was about 22% of total world petroleum consumption.

www.eia.gov...

U.S. refineries produce about 19 gallons of motor gasoline from one barrel (42 gallons) of crude oil.

www.eia.gov...

The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel

en.wikipedia.org...

18.83 million barrels of oil per day * 19 gallons per barrel = 357,770,000 gallons of gas each day.

357,770,000 * 18.4 cents the cut the government takes off the top each, and every day = $ 6,582,968,000

$6,582,968,000 * 365 days a year the government takes off the top = $ 2,402,783,320,000

If the math is correct the feds make $ 2 trillion per year off of gas.

In contrast two 'big oil' companies that are the most demagogued:

BP:

The UK-based group achieved profits of £2.86 billion (4.13 billion US dollars) in the first three months of this year alone. Read more: www.dailymail.co.uk... Follow us: @MailOnline on Twitter | DailyMail on Facebook

Exxon:

The company posted a profit of $8.35 billion in the last three months of 2013, ending the year with a haul of $32.6 billion, its lowest yearly profit since 2010

online.wsj.com...

The US government in the same period of time 3 months or 90 days made $592,467,120,000.

Which makes the US government the largest 'oil profiteer' in this country.

The US exports very little crude oil.,,

What we do export is a lot of oil products like grease. lube oils and a lot of oil based chemicals.

Due to the loss of manufacturing in the US we have a excess of oil based chemicals.

And if we did not sell these chemicals overseas gasoline would cost a lot more in the US.

reply to post by neo96

Saudi Arabia by all rights should be an the state sponsored terrorist list. Who has been the MAIN instigator in Syria, and other places in the ME. Right along with Iran.

For those who don't know Saudi is the LEADING financer of AL Qaeda.

Not to mention their citizens have no qualms with flying airplanes into buildings in other countries.

Apologies for bringing your thread back on-topic.

Snarl
reply to post by neo96

 

Saudi Arabia by all rights should be an the state sponsored terrorist list. Who has been the MAIN instigator in Syria, and other places in the ME. Right along with Iran.

For those who don't know Saudi is the LEADING financer of AL Qaeda.

Not to mention their citizens have no qualms with flying airplanes into buildings in other countries.

Apologies for bringing your thread back on-topic.

No need.

I thank you for it.

neo96

How much oil does the United States consume per year?

The United States consumed a total of 6.87 billion barrels (18.83 million barrels per day) in 2011 and 7.0 billion barrels (19.18 million barrels per day) of refined petroleum products and biofuels in 2010. For both years, this was about 22% of total world petroleum consumption.

www.eia.gov...

U.S. refineries produce about 19 gallons of motor gasoline from one barrel (42 gallons) of crude oil.

www.eia.gov...

The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel

en.wikipedia.org...

18.83 million barrels of oil per day * 19 gallons per barrel = 357,770,000 gallons of gas each day.

357,770,000 * 18.4 cents the cut the government takes off the top each, and every day = $ 6,582,968,000

$6,582,968,000 * 365 days a year the government takes off the top = $ 2,402,783,320,000

If the math is correct the feds make $ 2 trillion per year off of gas.

Dear Neo96

Your math is wrong.

357,770,000 * 18.4 cents the cut the government takes off the top each, and every day = $ 6,582,968,000

It appears that you used the figure

18.4

But this figure actually represents eighteen dollars and forty cents.

$65,829,680 a day

The income a year, based upon your model is just under twenty five billion.

$24,027,833,200

24,027,833,200