Caligula of Arabia

We are very close to energy independence right now. I think the date is sometime next year when we obtain it.

Ignoring Saudi Arabia does not take 10M bpd off the market. It just shifts around who buys what. But, assuming 10M bpd was removed from the market, the USA could add that type of production in 9 months because shale requires less upstart time than deep water. We are loaded with oil and gas. We would be even richer... Originally Posted by Marshall2.0

Actually, a Saudi-Iran war that choked off the flow of oil through the Strait of Hormuz would take even MORE than 10 million bpd off the market if it also stopped the flow of Kuwaiti, Iraqi, Iranian and UAE crude supplies.

Your claim that the US could nearly double our domestic oil production in 9 months proves you know nothing about geology, reserves, fracking or energy economics. Unless you're just being facetious again.

Incorrect. We're a VERY long way from energy independence, although due to the fracking revolution and other technological advances, we produce vastly more oil and gas than we did prior to this decade. Although we do export some oil (which is primarily the wrong type of crude for our refining/distribution infrastructure), we import FAR more oil than we export, and that will continue to be the case for the foreseeable future. Originally Posted by Ex-CEO

https://www.forbes.com/sites/rrapier.../#7c54ed1271a6

Seems I am correct you scs...

https://www.forbes.com/sites/rrapier.../#7c54ed1271a6

Seems I am correct you scs... Originally Posted by Marshall2.0

Pie in the sky. We consume far too much for that rosy scenario to be likely to play out.


And just out of curiosity, what the fuck is an "SCS?"

Pie in the sky. We consume far too much for that rosy scenario to be likely to play out.


And just out of curiosity, what the fuck is an "SCS?" Originally Posted by Ex-CEO

Rosey scenario?! Because you said so?! HA! HA! HA! HA! HA! HA! HA! HA! HA! You scs...


SCS? For me to know and you to guess...

Anyone want to take a guess at to what "SCS" means?

Anyone want to take a guess as to what "SCS" means? Originally Posted by Marshall2.0

I give... is it something that will get you pointed?

Pie in the sky. We consume far too much for that rosy scenario to be likely to play out. Originally Posted by Ex-CEO

Plus he collapsed the projection of a decade down to 9 months lol.

Pie in the sky. We consume far too much for that rosy scenario to be likely to play out.


And just out of curiosity, what the fuck is an "SCS?" Originally Posted by Ex-CEO

The jest of the article were some assumptions that Marshall fails to acknowledge. ..1) Oil Prices need to rise 2) Electric Car consumption needs to increase too.

So yes we can be energy independent if gas prices hit 5 dollars a gallon and everyone buys an electric car and we convert all our refineries from heavy crude production to light!

The jest of the article were some assumptions that Marshall fails to acknowledge. ..1) Oil Prices need to rise 2) Electric Car consumption needs to increase too.

So yes we can be energy independent if gas prices hit 5 dollars a gallon and everyone buys an electric car and we convert all our refineries from heavy crude production to light! Originally Posted by WTF

Surely you jest when you really should gist...

WDF!




HA! HA! HA! HA! HA! HA! HA! HA! HA! HA!












































































PS: I am still right...

Surely you jest when you really should gist...

WDF!




PS: I am still right.. Originally Posted by Marshall2.0

It is jest if you think that article backs up you assertion that we are energy independent.

It is jest if you think that article backs up you assertion that we are energy independent. Originally Posted by WTF

Gonna be energy independent, especially after what I see Trump is up too...

Gonna be energy independent, especially after what I see Trump is up too... Originally Posted by Marshall2.0

Not even the article you cited believes that.

It called for high oil prices and a shift to electric cars.

Hell one can do that with a gas tax....is that what you are suggesting?

Interesting definition of "energy independence." Some oil enters and exits the country for various reasons, but the long and short of it is that the US currently produces about 11MM bpd, give or take a little, and consumes 19 or 20. And extended projections that involve bending that trajectory significantly contain a lot of rosy assumptions and wishful thinking. See a slight arithmetic problem here? LOL

Plus he collapsed the projection of a decade down to 9 months lol. Originally Posted by lustylad

You unrealistically wiped 10M bpd out of the world market. If you did that, production elsewhere would ramp up. 9 months? Easily, if that...

Interesting definition of "energy independence." Some oil enters and exits the country for various reasons, Originally Posted by Ex-CEO

That has to do with cost and ability to transport oil around df...If you are in MI, are transportation costs cheaper if you bought from Canada or TX? Do you know?

Who thinks the Department of Energy is wrong when they claim we are the energy superpower of the world?