There is a lot of talk about oil these days.
And more lies than there is oil.
Commonly quoted fallacy of the year: "It will take ten years".
First it was ten years to get to the oil. Then it was ten years to get the oil to the market as gas. Then it became ten years before it has an impact upon prices.
Why the changes? Well it's because each stance has been upset and knocked down as a lie.
Fact #1
It took 4 years to lay the Alaska Pipeline and to do the majority of the oil wells.
Fact #2
Black Gold, a Tru TV show, has a 50 day deadline for 3 drilling rigs to try to get 9 wells. Currently they are on schedule to get 8 for sure.
Fact #3
In WWII the construction of Liberty ships exceeded 38,603,950 weight in displacement tons. The 2710 of these ships made each carried 10,000 tons of cargo. This is a net of 27,100,000 tons of cargo. This is just in a single cargo ship class. Forget battleships, forget aircraft carriers, aircraft, bombs, bullets, and otherwise.. just think of this number.
This is essentially an offshore oil well per ship. We did this over 4 years. Thats 677 ships (or offshore oil wells) per year. The United States can easily get all offshore oil if we did a large under-taking. Ok ok the The Thunder Horse oil production facility weighs 50,000 tons, so I am taking liberties (no pun intended) with the cargo weight of the ships also.
http://www.mms.gov/itd/pubs/1997/97-0007/opratn.pdf
This shows we have done roughly 33 thousand wells already in the oceans. The most dug was just over 200 in a year. If we added 700 oil wells a year we could dramatically drill out a LOT of holes and find a LOT of oil!
Fact #4-#7
The Thunder Horse oil production facility will process 250,000 barrels a day, the Atlantis oil platform is set for 200,000 barrels a day. Mad Dog is getting 50,000 barrels a day, Holstein is getting 110,000 barrels a day, and more rigs are currently in production. Note this is a proven 160,000 barrels a day!
Fact #8
The Sierra Club has stated the most OCS (Outer Continental Shelf) Oil we can get is "a meager 220,000 barrels per day". Yes they say 220,000 barrels a day at most. And they say it will take 17 years to reach this height.
Fact #9
This is based on a Energy Information Administration (EIA) report about the offshore drilling we can do.
http://www.eia.doe.gov/oiaf/aeo/otheranalysis/ongr.html
Take a look at the total oil out there. 59 billion barrels of recoverable oil. If we tried to make this last 100 years this is 590 MILLION barrels a year, aka 1.6 million barrels a day. This is a far cry from 220,000 barrels a day.
Fact #10
Next we have the 'estimate' of 17 years. It took 3 years to make Mad Dog and install it and get it fully operational. Thunder Horse took 4 years to become operational after suffering a ballast error and having to sit out Hurricane Katrina. This is a FAR CRY from the 17 years.
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When you start looking at the facts you can see the politicians and false scientists (Since they seem to fail basic math) are distorting information.
We can have 600 new oil wells a year if we put ourselves to WWII standards, and get about an average of 75,000 barrels per rig for a total of 16,425,000,000 barrels a year... yes 16 billion barrels. Not that we need to go to this level, but we could easily if we wanted to.
Now we consume 20.73 million barrels of oil per a day. This would cover up to 4.5 million barrels a day from offshore IN LESS THAN 5 years! And this is the more complicated way to get the oil. Assuming we want to stretch it we have 1.6 million barrels a day for 100 years.
Next up the on land drilling capabilities of the United States.
Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
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