While I don't agree with what Biden was doing, I don't want to be exporting a bunch of oil. It is a finite resource and we should be saving it for ourselves.
We don't know if there will ever be a viable alternative. Its way too valuable a resource to burn away in a few generations in cars. There would be no iphones if not for plastics made from crude oil!

(02-03-2025 06:43 PM)bullet Wrote:  While I don't agree with what Biden was doing, I don't want to be exporting a bunch of oil. It is a finite resource and we should be saving it for ourselves.
We don't know if there will ever be a viable alternative. Its way too valuable a resource to burn away in a few generations in cars. There would be no iphones if not for plastics made from crude oil!

We can sell it for more than we can buy it from Canada for. That was the whole reason for the Keystone pipeline. Thanks Joe. Idiots.

DRILL BABY DRILL: Trump Interior Secretary Doug Burgum Already Revoking Biden Climate Change Rules That Blocked Drilling for Energy

Quote:Former North Dakota Governor Doug Burgum, who was confirmed as Trump’s Interior Secretary last week, is already clearing the way for Trump’s domestic energy production agenda.

Burgum is revoking rules Joe Biden put in place which prevented drilling on certain lands due to climate change.

Increasing energy production is going to touch nearly every part of Trump’s agenda. It’s going to help the economy, increase national security by decreasing our dependence on hostile nations, and make energy more affordable for millions of Americans.

This is excellent news.

The Washington Free Beacon reported:

Trump Admin Reopens Millions of Acres for Oil Drilling in Rollback of Biden Climate Agenda

The Trump administration is reopening oil and gas leasing across hundreds of millions of acres of federal lands and waters that were locked up by the Biden administration.

In a series of orders Monday evening, Interior Secretary Doug Burgum revoked Biden-era actions that blocked drilling across 625 million acres of federal waters nationwide—an area that is equivalent in size to a third of the continental United States—in the 19-million-acre Arctic National Wildlife Refuge in Alaska and in the state’s 23-million-acre National Petroleum Reserve.

The actions, while expected, signal an abrupt change in how the Interior Department will approach oil and gas leasing issues during the Trump administration. Under Biden-era interior secretary Deb Haaland’s leadership, the agency pursued an aggressive climate strategy, severely restricting oil and gas drilling and mining while expanding green energy production on public lands and waters.

“We are committed to working collaboratively to unlock America’s full potential in energy dominance and economic development to make life more affordable for every American family while showing the world the power of America’s natural resources and innovation,” Burgum said in a statement.

Burgum tweeted this earlier today:

The energy component of Trump’s second term is absolutely essential and Burgum clearly knows this. When production gets going, positive changes will be apparent very quickly. Burgum is already off and running and that is great news.

I talked to a guy who works for an oil company about this. He said that we already are shipping out as much as the ports can handle. Ports take awhile to construct, even if the approvals are fast-tracked.

There's capacity to boost internal use of oil, but not a whole lot of appetite for oil companies to jump in because they're already setting record production numbers, and are having trouble finding enough trained workers to handle the increased flow. Additionally, prices at the pump aren't high enough to justify investing in a huge increase in production. (except for California, where their local EPA has made it abundantly clear that they won't approve any new capacity).

Fracking is a lot quicker to bring online than oil rigs, especially if its offshore platforms. But right now, you still have to build out the port capacity to bring fracked oil or LNG to consumers.

The point is, allowing drilling and fracking on DOI land is good for the long-term. But short-term, it will have zero impact.

I'm sure our expert O&G person will be along to tell us how wrong this is.

(02-03-2025 06:43 PM)bullet Wrote:  While I don't agree with what Biden was doing, I don't want to be exporting a bunch of oil. It is a finite resource and we should be saving it for ourselves.
We don't know if there will ever be a viable alternative. Its way too valuable a resource to burn away in a few generations in cars. There would be no iphones if not for plastics made from crude oil!

I 100% agree.

What is even more wasteful is the once-common practice of "flaring," which is burning off the natural gas when you're fracking/drilling for oil due to natural gas prices being too low to profit from capturing it and building pipelines to deliver it to consumers. Tremendous waste of a limited resource. Even most oil company executives I've talked to think it's tremendously wasteful and should probably be outlawed.

However, long-term, there are tremendous supplies of hydrocarbons in space. Titan (the moon of Saturn) has hundreds of times more hydrocarbons than Earth. And we can always create hydrocarbons in factories; it just requires cheap electricity to make it commercially viable. So we'll never actually run out of sources for plastics.

Fun fact: on Titan, there is so much hydrocarbon in the atmosphere that a future civilization there will mine for Oxygen (or Oxygen-rich rocks like Copper Oxide) to burn for energy.

High gas prices were Trumps fault because Trump made low gas prices....


WAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

Quote:President Trump's administration said on Friday it has granted a liquefied natural gas export license to the Commonwealth LNG project in Louisiana, the first approval of LNG exports after former President Joe Biden paused them early last year.

The exports are approved to go to markets in Asia and Europe.

Trump also signed an executive order in the Oval Office on Friday creating a new energy council to be led by Interior Secretary Doug Burgum, which will seek to expand U.S. output of oil and gas. The U.S. is already the world's largest producer of those fossil fuels.

(02-03-2025 06:43 PM)bullet Wrote:  While I don't agree with what Biden was doing, I don't want to be exporting a bunch of oil. It is a finite resource, and we should be saving it for ourselves.
We don't know if there will ever be a viable alternative. Its way too valuable a resource to burn away in a few generations in cars. There would be no iphones if not for plastics made from crude oil!

XACLY!

it's always been my argument why ol' mother hubbard Russia will still survive in the expanse ... in today's world, they simply need funding that some call "par with a spanking" ...

"spoil the pets - never the children." - stinkfist

By the time we run out of oil it will be obsolete..

Sounds like cavemen.....omg...we are gonna run out of quality rock...how will we hunt...

FFS

(02-14-2025 05:42 PM)shere khan Wrote:  By the time we run out of oil it will be obsolete..

Sounds like cavemen.....omg...we are gonna run out of quality rock...how will we hunt...

FFS

Beat me to it. And if we do run out, we will figure out an alternative. Duh.

(02-14-2025 05:42 PM)shere khan Wrote:  By the time we run out of oil it will be obsolete..

Sounds like cavemen.....omg...we are gonna run out of quality rock...how will we hunt...

FFS

the how matters whilst above grade ... one still 'members the dust bowl due to dipshite-ism....

again, Ike's I-X system + crop management = movement that dominates ... our species has (at least) another 200 yrs to discover/fund hybrids...

it's the fagoos that only see through 'one eye' who need to be tossed into the chipper shredder...

(02-14-2025 05:50 PM)TripleA Wrote:  

(02-14-2025 05:42 PM)shere khan Wrote:  By the time we run out of oil it will be obsolete..

Sounds like cavemen.....omg...we are gonna run out of quality rock...how will we hunt...

FFS

Beat me to it. And if we do run out, we will figure out an alternative. Duh.

They've been saying that since the 70s. And will there be an alternative for plastics?

(02-14-2025 05:42 PM)shere khan Wrote:  By the time we run out of oil it will be obsolete..

Sounds like cavemen.....omg...we are gonna run out of quality rock...how will we hunt...

FFS

Yep