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USA, Largest Energy Producer ?

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  • USA, Largest Energy Producer ?

    Great news!

    The U.S. will remain the world’s biggest oil producer this year after overtaking Saudi Arabia and Russia as extraction of energy from shale rock spurs the nation’s economic recovery, Bank of America Corp. said.

    U.S. production of crude oil, along with liquids separated from natural gas, surpassed all other countries this year with daily output exceeding 11 million barrels in the first quarter, the bank said in a report today. The country became the world’s largest natural gas producer in 2010. The International Energy Agency said in June that the U.S. was the biggest producer of oil and natural gas liquids.
    http://www.bloomberg.com/news/2014-0...ing-saudi.html
    Atheism is the cult of death, the death of hope. The universe is doomed, you are doomed, the only thing that remains is to await your execution...

    https://www.youtube.com/watch?v=Jbnueb2OI4o&t=3s

  • #2
    Via fracking, so at what cost?
    Last edited by seanD; 07-05-2014, 02:02 PM.
    "What am I doing here?" -- Joe Biden 2021

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    • #3
      Originally posted by seanD View Post
      Consider the source.
      What? Bloomberg? International Energy Agency?
      Atheism is the cult of death, the death of hope. The universe is doomed, you are doomed, the only thing that remains is to await your execution...

      https://www.youtube.com/watch?v=Jbnueb2OI4o&t=3s

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      • #4
        Originally posted by seer View Post
        What? Bloomberg? International Energy Agency?
        BofA, but I edited the post because I realized it's not that relevant compared to how they're extracting the oil.
        "What am I doing here?" -- Joe Biden 2021

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        • #5
          Originally posted by seanD View Post
          Via fracking, so at what cost?
          There is cost for everything we do.
          Atheism is the cult of death, the death of hope. The universe is doomed, you are doomed, the only thing that remains is to await your execution...

          https://www.youtube.com/watch?v=Jbnueb2OI4o&t=3s

          Comment


          • #6
            Originally posted by seer View Post
            There is cost for everything we do.
            Well, yeah, so then you have to weigh the trade-off. Is increase frequency in earthquakes and contaminated well water (among other effects) for increased oil production a reason to celebrate
            "What am I doing here?" -- Joe Biden 2021

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            • #7
              Originally posted by seanD View Post
              Well, yeah, so then you have to weigh the trade-off. Is increase frequency in earthquakes and contaminated well water (among other effects) for increased oil production a reason to celebrate
              Fueling our economies, keeping people out of poverty, and from freezing. The growing of food and distribution for an increasing population to stave off starvation are reasons to celebrate.
              Atheism is the cult of death, the death of hope. The universe is doomed, you are doomed, the only thing that remains is to await your execution...

              https://www.youtube.com/watch?v=Jbnueb2OI4o&t=3s

              Comment

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