Category Archives: Tar Sands

Tell me why we’re still buying Middle Eastern oil…

ND pumps record 313.5M barrels of oil in 2013

North Dakota produced a record amount of crude oil in 2013 — 313.5 million barrels, about 70 million more than the previous high mark a year earlier, state data show.

The tally, up nearly 29 percent from 2012, marks the sixth consecutive record year for oil production in North Dakota, which is the nation’s No. 2 oil producer behind Texas.

Lynn Helms, director of the state Mineral Resources, said Friday that North Dakota produced an average of 923,227 barrels of oil daily in December. The monthly total of 28.6 million barrels was down from 29.2 million barrels in November due to worse-than-normal winter weather that caused the slowdown in oil production, he said.

“The big story in December was the weather,” he said.

I wonder if the Saudi’s are buying their vote, too?

First Nations chief received $55,000 from Tides Foundation

A left-wing lobby group in San Francisco wired $55,000 to the bank account of an Indian chief in Northern Alberta, paying him to oppose the oilsands.

And sure enough, that chief – Allan Adam, from the Athabasca Chipewyan First Nation – earned his money. Last weekend, he flew to Toronto to sit on a stage next to Neil Young, the folk singer who was in town to demonize Canada’s oil industry.

Now, $55,000 might sound like a lot of money to pay, just to rent a politician for a day if all the chief did for his money was to appear on stage in Toronto beside Neil Young. But to the Tides Foundation, it’s well worth it. Think of Adam as an actor, hired to play a part in an elaborate theatrical production.

Neil Young had his role: he’s the American celebrity who can draw crowds of fawning Baby Boomer journalists. But at the end of the day, he’s just another millionaire celebrity. When he talks about the oilsands, he quickly reveals himself as a low-information know-nothing.

H/T Instapundit

 

Some anti-drilling activists change tactics, tone

FuelFix

For years, activists have warned that fracking can have disastrous consequences — ruined water and air, sickened people and animals, a ceaseless parade of truck traffic.

Now some critics are doing what was once unthinkable: working with the industry. Some are even signing lucrative gas leases and speaking about the environmental benefits of gas.

In one northeastern Pennsylvania village that became a global flashpoint in the debate over fracking, the switch has raised more than a few eyebrows.

A few weeks ago, Victoria Switzer and other activists from Dimock endorsed a candidate for governor who supports natural gas production from gigantic reserves like the Marcellus Shale, albeit with more regulation and new taxes. Dimock was the centerpiece of “Gasland,” a documentary that galvanized opposition to fracking, and Switzer was also featured in this summer’s “Gasland Part II,” which aired on HBO.

“We had to work with the industry. There is no magic wand to make this go away,” said Switzer, who recently formed a group that seeks to work with drillers on improved air quality standards. “Tunnel vision isn’t good. Realism is good.”

North Dakota sets oil, gas production highs

Breitbart

The number of wells currently producing oil and natural gas in North Dakota reached a record high for July, the state resource officials said.

The North Dakota Industrial Commission of the Department of Mineral Resources said 9,322 wells were in production in July, an all-time high, and nearly all were targeting the Bakken and Three Forks formations.

Lynn Helms, director of the NDIC, said the rig count decreased from June to July but the number of wells completed increased from 102 to 251, leading to an increase in oil production in the state.

The NDIC said July oil production was 108,258 barrels per day, a record high. A record for natural gas production was set at 970 million cubic feet per day.

The U.S. Geological Survey estimates parts of North Dakota may contain as much as 7.4 billion barrels of oil and 6.7 trillion cubic feet of natural gas. The state is in the No. 2 spot behind Texas in terms of production of natural resources in the United States.

15 Charts That Should Terrify Saudi Arabia

BusinessInsider

Billionaire Saudi Prince Alwaleed has sounded the alarm about the threat shale oil and gas development poses to the petro-kingdom’s barely diversified economy. 

It’s taken a while for such a prominent Saudi to acknowledge this fact.

But it’s been pretty clear to the rest of the world.

In March, for instance, Norway’s foreign minister said America’s shale boom could rearrange the Middle East’s balance of power.

Then in May, the vice-president of Bahrain-based Nexant Middle East told the FT’s Ayesha Daya that the kingdom’s proposed petrochemical investments would miss the mark:

The shale gas boom has returned focus to the US. So it’s reasonable to suppose that some companies, especially those from the US, won’t develop additional projects in the Middle East as they look to spread their geopolitical risk and invest in the US.

The kingdom still rules the oil world in major production stats: production (11.2 million barrels a day), exports (8.5 million barrels a day), and as the largest oil deposit (the Ghawar field at an estimated 70 billion barrels).

But with the help of some charts from AEI’s Mark Perry, who’s been chronicling America’s energy boom better than anyone, and the now-instant classic note, “The End Is Nigh [for rising oil demand]” from Citi‘s Seth Kleinman and Ed Morse, we bring you 15 charts that should scare the crude out of the Saudis.

Obama’s War on Prosperity

WilliamTucker

President Obama has managed to win election by assembling two major constituencies: 1) a lumpen proletariat that has no idea how the economy works, is dependent on the government, and votes for him because he promises more handouts; and 2) an upper-crust constituency that thinks “we already have enough,” isn’t interested in any further economic development, and believes, if anything, that we already have too much of material possessions and it’s time to start cutting back on things. This has been the theme of environmentalism for 40 years. The rationale changes — we’re undergoing a “population bomb,” we’re drowning in pollution, we’re running out of oil and other resources — but the message is always the same. We’ve got enough. Time to call off all this progress. Let’s go back to spinning our own yarn, growing our own vegetables, and putting up windmills.

Together these two groups form a perfect vice to smother the ambitions of people who are interested in furthering the advance of progress and technology — the ones you might call “average Americans.”

America the Independent: Oil Production Ready to Overtake Imports

AmericanInterest

Andrew Lipow of Lipow Oil Associates expects the government data to show that U.S. production actually surpassed imports in March, when it releases its final March data at the end of the month. [...]

The Energy Information Administration said Wednesday in its Short-Term Outlook that U.S. oil production averaged 7.1 million barrels per day in the first quarter, and that should rise to 8.5 million barrels per day by the fourth quarter of 2014.

It expects average production of 7.4 million barrels per day in 2013, up from 6.5 million barrels per day in 2012. EIA also said it expects liquid fuel net imports, including crude and petroleum products to keep falling, from 7.4 million barrels per day in 2012 to 5.7 million barrels per day by 2014.

Some Good News!

Keystone XL picks up Senate backing

The Senate on Friday voted 62-37 to approve the proposed Keystone XL oil sands pipeline in an amendment to Senate budget.

Sen. John Hoeven’s (R-N.D.) amendment was largely symbolic, but served as a clear statement that the Senate backs the pipeline.

“It puts the Senate on record in support of the Keystone pipeline project. And that’s just appropriate,” Hoeven said. “The Department of State has done four environmental impact statements over the last five years — four — and said there are no significant environmental impacts. And it’s time that we in the Senate stepped up with the American people.”

‘Secret energy revolution’ could hasten end to dependence on foreign oil

Science!

A wealth of new technologies — from underwater robots to 3-D scanners to nano-engineered lubricants — are transforming the energy exploration industry in ways that will hasten the end of America’s reliance on Middle East oil.

That’s the take on America’s “secret energy revolution,” according to a report in the Washington Guardian. And the proof is in the balance sheets: According to the International Institute for Strategic Studies, monthly imports of oil peaked in Sept. 2006 at 12.7 million barrels per day and has declined 40 percent since then, to 7.6 million barrels in Nov. 2012.

That’s partly due to falling demand, as the U.S. economy contracted and drivers with smaller wallets balked at the high price of gas. Cars became more fuel efficient as well, often powered by batteries rather than gas. But it’s also largely due to the increased production of oil on U.S. shores, the IISS said.

So, why’s our gas STILL so high??

U.S. Oil Production At Record Level Despite Obama’s Restrictions

IBD

Earlier this month oil output hit its highest level in the U.S. since the summer of 1992.

That’s good, but it could be better. The Obama administration won’t get out of the way.

During the week of Feb. 15, the U.S. produced 7.118 million barrels of crude per day, according to Energy Department data.

Domestic production hasn’t been that high since the third week of August 1992, when the country was pumping 7.12 million barrels a day.

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