Archived material Access restricted Article
Rantburg

Today's Front Page   View All of Tue 11/13/2012 View Mon 11/12/2012 View Sun 11/11/2012 View Sat 11/10/2012 View Fri 11/09/2012 View Thu 11/08/2012 View Wed 11/07/2012
1
2012-11-13 Economy
IEA: U.S. to Become World's Biggest Oil Producer
Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.
Posted by Fred 2012-11-13 00:00|| E-Mail|| Front Page|| [287 views ]  Top

#1 Oil is a major or vital "Achilles Heel" for both the US + Rising China, + of course the rest of the World, which is why the pre/proto-OWG "consensus is that there is no consensus" as per "PEAK OIL/ENERGY/RESOURCES" SHOULD BE UNACCEPTABLE TO EVERYONE.

Can't have a SPACE GOVT-ORDER, let alone de facto Deep Space Exploration + Colonization, iff one doesn't have the resources or proper resources to do so, correct???

[Guam Taotamonas, "MAD MAX" MOVIES here].
Posted by JosephMendiola 2012-11-13 00:28||   2012-11-13 00:28|| Front Page Top

#2 Not with Obama's new flexibility.
Posted by g(r)omgoru 2012-11-13 07:54||   2012-11-13 07:54|| Front Page Top

#3 The silver lining is Obama won't let the US drill or exploit any of that so when we are rebuilding civilization after the depression the US will be positioned nicely.
Posted by rjschwarz 2012-11-13 15:17||   2012-11-13 15:17|| Front Page Top

#4  I don't believe this. The US will not save itself by becoming the world's biggest oil producer. The price it pays for oil, whether produced domestically or imported, will continue its painful rise, and will continue to clamp US economic growth. The Bernank's quantitative easing aggravates the situation, but US dollar devaluation is not the only factor in rising oil prices. Falling EROEI is the main element.
Posted by Anguper Hupomosing9418 2012-11-13 15:53||   2012-11-13 15:53|| Front Page Top

19:26 Lone Ranger
19:26 JosephMendiola
19:21 karin mohl hacker.357
18:58 Deacon Blues
18:52 Deacon Blues
18:40 lotp
18:38 Tommy Chong
18:37 CrazyFool
18:35 CrazyFool
18:27 lotp
18:20 Besoeker on the road again
18:19 Ebbang Uluque6305
18:19 Besoeker on the road again
18:18 Dale
18:14 lotp
18:13 Besoeker on the road again
18:04 Ebbang Uluque6305
18:02 Ebbang Uluque6305
17:27 CrazyFool
17:23 AlmostAnonymous5839
17:22 Shipman
17:22 AlmostAnonymous5839
17:20 CrazyFool
17:18 SteveS

Rantburg was assembled from recycled algorithms in the United States of America. No trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.
54.226.192.202


Paypal:
Google
Search WWW Search rantburg.com