September 30, 2011
— Ace At Instapundit. I didn't know about this until Monty tipped it.
At NPR, a story about the Bakken oil fields.
Now, I did read this was a big field, but I didn't know it was already producing so much, or that it was expected to produce even more.
Two years ago, America was importing about two thirds of its oil. Today, according to the Energy Information Administration, it imports less than half. And by 2017, investment bank Goldman Sachs predicts the US could be poised to pass Saudi Arabia and overtake Russia as the world's largest oil producer.Places like Williston are the reason why.
"For many years, they knew that there was oil in that area, but the technology wasn't available to get it out," the town's mayor, Ward Koeser, tells weekends on All Things Considered host Guy Raz.
But in the last few years, advances in such technologies as "fracking" and horizontal drilling have made, by some estimates, as much as 11 billion barrels of oil available in the Bakken formation under North Dakota and Montana.
"There's oil companies coming from all over the country now." Koeser says.
Williston has skipped the recession entirely. Unemployment there is less than 2 percent. The population, the mayor estimates, has grown from 12,000 to 20,000 in the last four years.
"We actually have probably between 2,000 and 3,000 job openings in Williston right now," Koeser says.
Now, add ANWR and the California coast into the mix. Things start to look a little more hopeful.
But Note: Warren points out:
I suspect that a good part of this is related to lower demand due to a weakened economy. And you thought that Obama's economic policies weren't accomplishing anything.
Yes, that's true, energy demand falls in recessions and depressions, so we'd have less need of foreign crude. But still, 66% to 50% is a big drop-off that can't (I don't think) be explained away by idled resources.
Posted by: Ace at
08:43 AM
| Comments (256)
Post contains 338 words, total size 2 kb.
What's a job opening?
Posted by: Obama at September 30, 2011 08:46 AM (usXZy)
How long before the Democrats figure this out and start buying up the land and declaring it "Federally Protected"?
Or can we once and for all tell the Saudis to stick it where the sun don't shine and let them get back to the Stone Age they all seem to enjoy so much?
After all, that "Arab Spring" turned out so well for all involved, didn't it? If they're having to spend all of their money keeping the animals at bay, there won't be any left over to pay people to take out America....
Posted by: Teresa in Fort Worth, TX at September 30, 2011 08:47 AM (0xqzf)
Posted by: Lawrence of the Labia at September 30, 2011 08:48 AM (+kthb)
Not until the SCOAMF and his gang of fuckups leave town for good.
Posted by: EC at September 30, 2011 08:48 AM (GQ8sn)
Posted by: cherry pi, terrorist hostage taking SOB at September 30, 2011 08:48 AM (OhYCU)
We have five espresso machine operator, a massage scheduler and 10 mechanics who specialize in repairing singing robots available for immediate hire.
Posted by: Solyndra Placement Office at September 30, 2011 08:48 AM (QKKT0)
Posted by: WalrusRex at September 30, 2011 08:48 AM (Hx5uv)
Holy crap!
I think TexasJew is in the oil biz and goes to ND often....or maybe he's a janitor.
Posted by: Tami at September 30, 2011 08:48 AM (X6akg)
Job openings , Oil?
Holder take care of that for me would you
Posted by: willow at September 30, 2011 08:49 AM (h+qn8)
Now, add ANWR and the California coast into the mix. Things start to look a little more hopeful.
Oh, and also add building some new refineries with less obstruction from the EPA. Because, I don't know, maybe a booming energy industry and cheaper energy might just be good for the economy. Y'think?
Posted by: The Regular Guy at September 30, 2011 08:49 AM (qHCyt)
Posted by: cherry pi, terrorist hostage taking SOB at September 30, 2011 08:49 AM (OhYCU)
Yeah, maybe once we've taken the electoral tongs and plucked Obama out of the Oval Office.
That's one aspect that scares me about Romney. We need an executive who will remove entire limbs from the bureaucratic body of government. I have a hard time imagining Romney giving it much more than a pedicure.
Posted by: JEM at September 30, 2011 08:49 AM (o+SC1)
Now, add ANWR and the California coast into the mix. Things start to look a little more hopeful.
Not until Zero and his pubic lice Administration, anong with their enforcement arm the EPA are a distant and reviled memory.
Posted by: The Amorous Rooster of Retribution at September 30, 2011 08:50 AM (OlN4e)
Posted by: Thoughtful Liberal at September 30, 2011 08:50 AM (stEuz)
Now, add ANWR and the California coast into the mix. Things start to look a little more hopeful.
Not if the EPA and the eco-tards have anything to say about it.
Posted by: Obama at September 30, 2011 08:50 AM (9hSKh)
Posted by: mike at September 30, 2011 08:50 AM (0lHnX)
And this will be yet one more reason we don't "need" ANWR or Coastal drilling.
Which, actually, I'm fine with- if these fields produce as much as advertised.
Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 30, 2011 08:50 AM (8y9MW)
Posted by: MrCaniac at September 30, 2011 08:50 AM (eKuOw)
With the EPA planning on adding 230,000 new busybody hacks, they surely won't ignore the Williston fields
Posted by: kbdabear at September 30, 2011 08:51 AM (Y+DPZ)
yeah.. here it is.. consumption is down over 10%..
http://tli.tl/is1541
Posted by: Chi-Town Jerry at September 30, 2011 08:51 AM (f9c2L)
Posted by: Obama's Disney-Tune Whistling Robots at September 30, 2011 08:51 AM (Hx5uv)
Posted by: The EPA at September 30, 2011 08:51 AM (niZvt)
Posted by: jjshaka at September 30, 2011 08:51 AM (l53fx)
Posted by: Damn Sockpuppet at September 30, 2011 08:52 AM (dIHHd)
Posted by: Heartless Janitors_4_Jesus at September 30, 2011 08:52 AM (tazG1)
Posted by: Dan Akerson at September 30, 2011 08:52 AM (2PTT7)
Posted by: cherry pi, terrorist hostage taking SOB at September 30, 2011 08:52 AM (OhYCU)
13 more months until Freedom, brothers. 13 long frakking months...
Posted by: SantaRosaStan at September 30, 2011 08:52 AM (UqKQV)
Posted by: Vashta Nerada at September 30, 2011 08:53 AM (ItDg4)
Give us some time, we will make sure those jobs disappear like Jimmy Hoffa.
Posted by: The EPA at September 30, 2011 08:53 AM (eKuOw)
Posted by: Dewey at September 30, 2011 08:53 AM (YTJQp)
That adds up to 600 gay candidates, 150 transgendered candidates, 1,500 women candidates, 900 candidates over age 55, 750 black candidates and 200 native American candidates. All union. And if we show up next month and find you've hired a bunch of Asians, we're filing suit.
Posted by: The Equal Employment Opportunity Commission at September 30, 2011 08:53 AM (QKKT0)
The mighty Mississippi could be a flowing crude oil river, and it would not make any difference whatsoever. We could have reserves the size of the Great Lakes, it would not make one dent.
Why?
We have ZERO excess refining capacity, that's why. Without a way to REFINE said crude, it can't be used. It's like having iron ore, with no smelting ability.
Since refining capability is so limited, prices will always be high, no matter the output/availability of oil, until we get some more refineries built.
Oh, and did I mention we haven't had a new one built since the '70s?
Posted by: Mr Wolf at September 30, 2011 08:53 AM (Tv41j)
How long before the Democrats figure this out and start buying up the land and declaring it "Federally Protected"?
Posted by: Teresa in Fort Worth, TX at September 30, 2011 12:47 PM (0xqzf)
Buying it? Kelo, baby.
Posted by: Vashta Nerada at September 30, 2011 08:54 AM (ItDg4)
Posted by: SantaRosaStan at September 30, 2011 08:54 AM (UqKQV)
What if we add BACK the Gulf Coast?!?
Posted by: © Sponge at September 30, 2011 08:55 AM (UK9cE)
Posted by: SantaRosaStan at September 30, 2011 08:56 AM (UqKQV)
Posted by: Jumbo Jogging Shrimp at September 30, 2011 12:56 PM (qjUnn)
Otard...that's some funny shit right there.
Posted by: © Sponge at September 30, 2011 08:57 AM (UK9cE)
An environmental study will surface that decries the adverse impact this drilling has on migrating swarms of locusts in 4 ... 3 ... 2 ...
Posted by: No Whining at September 30, 2011 08:57 AM (Wqfrr)
Posted by: Kim Priestap at September 30, 2011 08:58 AM (qUn6X)
Posted by: ManBearPig at September 30, 2011 08:58 AM (ieDPL)
I'd drown every one of you infernal creatures if it ensured humanity had more cheap energy to further advance and one day reach the stars.
Posted by: Kratos (Ghost of Sparta) at September 30, 2011 08:58 AM (9hSKh)
We have ZERO excess refining capacity, that's why. Without a way to REFINE said crude, it can't be used. It's like having iron ore, with no smelting ability.
Since refining capability is so limited, prices will always be high, no matter the output/availability of oil, until we get some more refineries built.
Oh, and did I mention we haven't had a new one built since the '70s?
Posted by: Mr Wolf............
Yeah.. but half the oil we refine is imported oil. Better to refine domestic crude than imported crude.
Posted by: Chi-Town Jerry at September 30, 2011 08:59 AM (f9c2L)
Posted by: ManBearPig at September 30, 2011 12:58 PM (ieDPL)
I thought they came up with something that made AIDS a thing of the past.....
Oh, and FUC* You........
Posted by: © Sponge at September 30, 2011 08:59 AM (UK9cE)
Posted by: kansas at September 30, 2011 12:44 PM (mka2b)
Don't forget that McCain and a few other RINOs helped the Dems block ANWR in the 2005 energy bill. If we had started drilling in 2006 we would be drilling there now.
Posted by: Vic at September 30, 2011 08:59 AM (M9Ie6)
Posted by: joncelli at September 30, 2011 09:00 AM (RD7QR)
Posted by: The Amorous Rooster of Retribution at September 30, 2011 09:00 AM (OlN4e)
Posted by: toby928© at September 30, 2011 09:01 AM (GTbGH)
Miller clearly says that Islam=AQ. The conversation that this graphic novel will generate should be very interesting.
Posted by: Quilly Mammoth at September 30, 2011 09:01 AM (m2IXm)
Posted by: cherry pi, terrorist hostage taking SOB at September 30, 2011 09:01 AM (OhYCU)
Don't worry. I won't let that happen.
Posted by: BHO at September 30, 2011 09:02 AM (eEfYn)
Now, add ANWR and the California coast into the mix. Things start to look a little more hopeful.
Ahem.
Posted by: Gov. Bobby J. at September 30, 2011 09:02 AM (XdlcF)
Posted by: Danger Mouse at September 30, 2011 09:02 AM (ieDPL)
Posted by: Jane D'oh at September 30, 2011 09:04 AM (UOM48)
Posted by: EPA at September 30, 2011 09:04 AM (RD7QR)
Posted by: Danger Mouse at September 30, 2011 09:04 AM (ieDPL)
61 Can you imagine the trade balance if we stopped importing barbarian savage oil?
Yeah, our good buddies in the Middle East would have to go back to squatting in the sand and scratching the fleas on their balls.
Posted by: The Amorous Rooster of Retribution at September 30, 2011 09:04 AM (OlN4e)
This is true, but wrong.
Adding additional oil to the market- even if only to supply our own needs- will increase the general supply, which will decrease the price of a barrel of oil.
It won't make as much difference as it would if we had more refining capacity, but it will make a difference- and a noticeable one, at that.
You are correct, however, that a much bigger effect on the price of refined oil products (heating oil, gasoline, other petrochemicals) would be realized from adding some additional refining capacity. And, as much as I love Texas, I think it's insane that TX and LA have something like 66% of the oil refining capacity in the US. Let's build some new one inland, shall we?
Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 30, 2011 09:04 AM (8y9MW)
Posted by: joncelli at September 30, 2011 09:05 AM (RD7QR)
This cannot be right. The experts said so.
Posted by: GnuBreed at September 30, 2011 09:06 AM (ENKCw)
Posted by: SantaRosaStan at September 30, 2011 12:52 PM (UqKQV)
477 days, 23 hours, 54 minutes and 32 seconds until 12 noon on January 20th 2013.
Not that I'm counting or anything...
Posted by: Nighthawk at September 30, 2011 09:06 AM (OtQXp)
Posted by: The Amorous Rooster of Retribution at September 30, 2011 01:04 PM (OlN4e)
that, and mostly killing each other, beating up their wives and kids, and fucking goats........mostly.
Meanwhile, Obama says Americans have "gotten soft". Heh
Posted by: SantaRosaStan at September 30, 2011 09:06 AM (UqKQV)
Right in goddamn Pete Stark's district.
We'll run some combustion turbines off the waste-gas, or maybe just run some pipelines over to the Tesla plant so they'll have some greenhouse gas emissions to be proud of.
Posted by: JEM at September 30, 2011 09:06 AM (o+SC1)
Hopefully you've never watched the show "How the States Got Their Shape".
I watch it occasionally because it's slightly educational. Well, barely, but I don't think it actually sucks knowledge from the kids' brains.
Anywho, they were talking about North D. and mentioned green energy stuff. Then they mentioned how low unemployment is and cited green energy jobs as one of the reasons.
Yes, yes I did pause the show and tell them my humble opinion about that "fact".
Posted by: Mama AJ at September 30, 2011 09:07 AM (XdlcF)
Posted by: cherry pi, terrorist hostage taking SOB at September 30, 2011 09:07 AM (OhYCU)
Posted by: kdny not a yankee at September 30, 2011 09:07 AM (KxHDw)
Posted by: Captain Hate at September 30, 2011 09:07 AM (OGZqf)
Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 30, 2011 09:07 AM (8y9MW)
A recession is looming. I'm talkin outta my ass here but I think 3Q GDP might actually be negative.
Something wicked this way comes...
Posted by: Soothie has a bad feeling at September 30, 2011 09:08 AM (sqkOB)
Posted by: Danger Mouse at September 30, 2011 01:04 PM (ieDPL)
I've always wondered why someone hasn't paid a visit to the breeding grounds of the Delta Smelt with some poison.
Posted by: Quilly Mammoth at September 30, 2011 09:09 AM (m2IXm)
Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 30, 2011 01:07 PM (8y9MW)
Actually it's a Firefox plug-in.
Posted by: Nighthawk at September 30, 2011 09:09 AM (OtQXp)
Let's build some new one inland, shall we?
What could go wrong?
And by could, I mean usually does...
Posted by: Mama AJ at September 30, 2011 09:09 AM (XdlcF)
Not that I'm counting or anything...
Posted by: Nighthawk at September 30, 2011 01:06 PM (OtQXp)
When O loses the election and Dems lose the Senate as well as more seats in the House ( that day WILL come, brothers ), the days between the election and Jan 20, 2013 will be Fraught With Danger:
Much gnashing of teeth, wailing, with lamentations of women and beta-male gelded libs.
but I Fear no Evil........
Posted by: SantaRosaStan at September 30, 2011 09:11 AM (UqKQV)
Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 30, 2011 01:04 PM (8y9MW)
A combination of NIMBY and Federal permit refusal has prevented any refineries from being built in the US for over 25 years. Draw a line from Mobile AL to Richmond VA. To the best of my knowledge, there is not a single refinery south of that line
Posted by: Vashta Nerada at September 30, 2011 09:11 AM (ItDg4)
But I thought the meme was, if we drilled the oil we had, it would only add enough to last half a week. And I thought it took ten years to drill a well!
File under the most grudgingly reported story at NPR, as evidenced by the immediate reminder of the "unknown dangers" inherent in fracking. And their call to seize the profit and parlay it into green energy.
Posted by: Jimmah at September 30, 2011 09:11 AM (g9KCn)
Posted by: joncelli at September 30, 2011 09:11 AM (RD7QR)
Posted by: Danger Mouse at September 30, 2011 09:13 AM (ieDPL)
Posted by: TheQuietMan at September 30, 2011 09:13 AM (1Jaio)
Posted by: FRONT TOWARD LEFT at September 30, 2011 09:13 AM (cbyrC)
This statement is flatly false. In July, the US produced 5.6 million BPD of crude oil but imported 9.3 million BPD. That means we are still 62% imported crude oil.
Posted by: Velvet Ambition at September 30, 2011 09:13 AM (mFxQX)
"Right now I'd vote for an illegal still wet from swimming, carrying an ATF provided gun while hiding a kilo of coke in his ass if it means getting rid of Otard."
That was awesome. This deserves its own thread- What you would vote for to be rid of Obama.
I would vote for a skunk who had taken up residence in my left nostril and held regular wild parties for his friends on the opposite ticket to Obama.
Posted by: kdny not a yankee at September 30, 2011 09:14 AM (KxHDw)
I fracked for Halliburton. Does that make me a bad person?
BTW, a big Halliburton frack job is quite a show. Huge amounts of men, material, chemicals and thousands of ground pounding supercharged diesel horsepower to make it all cook.
Posted by: The Amorous Rooster of Retribution at September 30, 2011 09:14 AM (OlN4e)
With building them inland, or with building more on the gulf coast?
To the best of my knowledge, there is not a single refinery south of that line
Pretty sure you're right. But I'd take adding a few more in OK. Call me crazy, but I think it's silly to have the vast majority of our refining capacity all sitting together where a single bad hurricane could knock it out (and has, on occasion) for days or weeks.
Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 30, 2011 09:14 AM (8y9MW)
And I've been seeing a lot of "No Frakkin' Way!" bumper stickers recently...
I'm sure the morons can come up with some pro-frakking slogans.
Posted by: Mama AJ at September 30, 2011 09:15 AM (XdlcF)
Posted by: joncelli at September 30, 2011 01:11 PM (RD7QR)
Yes, because oil and gas deposits 10,000 - 19,000 feet deep are magically connected to water reservoirs that are at 500 feet.
Posted by: Vashta Nerada at September 30, 2011 09:15 AM (ItDg4)
Posted by: Danger Mouse at September 30, 2011 09:17 AM (ieDPL)
But the boomers have screwed us with a debt that is absolutely ridiculous.
It's like being a bright professional worker earning a pro's wage with a great property and happy family, but you also have $999,999 on your credit card because your ex wife was a psycho about binge spending.
It's a shame, and when the boomers are still around I want to get even with them by gutting entitlements ASAP.
Posted by: Dustin at September 30, 2011 09:17 AM (fF625)
Posted by: AllenG
......................
One other thing about refineries.. we export about a million barrels of oil each day, mostly as refined products.
More refining capacity would mean we could be exporting more refined products - or at least competing for that business.. value added.
and to clear up another myth.. the US imports a minor amount of oil from the middle east.. I think it is less than 20% of our imports. Most of our imports come from Canada, Mexico and Venezuela. The price of oil may be fungible, but oil tends to stay as close to where it is drilled due to transportation costs.
Posted by: Chi-Town Jerry at September 30, 2011 09:17 AM (f9c2L)
Posted by: cherry pi, terrorist hostage taking SOB at September 30, 2011 09:18 AM (OhYCU)
Eminent
Because of the confusion between Imminent and Eminent when discussing government seizure of property, I hereby declare the new term: Karl Domain.
Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 30, 2011 09:18 AM (8y9MW)
Natural Gas makes a lot of sense to me. ....It's clean, burns clean, we have a huge supply of it and many of us have it already coming into our houses.
With a little bit of plumbing and conversion of our vehicles.....we could be refueling our cars at home each day. ....For pennies compared to how bad we're being gouged at the pumps these days.
We don't need subsidies....on any of it. ....We just need to reign in the EPA regulations.
Posted by: ConservativeMenAreJustHotter at September 30, 2011 09:18 AM (7D6kL)
Nice to finally see some good news for a change. Oil roustabout is a good gig for a young, healthy guy with some intelligence. Lots of up side there. Plus there's plenty of white collar work to go with oil production. If I could go back in time and switch careers I'd have been a petroleum engineer.
Alas, any day now the Green bastards will probably start doing everything possible to kill the good work being done here. Those people need a good stomping.
Posted by: Reactionary at September 30, 2011 09:18 AM (xUM1Q)
I'm sure the morons can come up with some pro-frakking slogans.
Posted by: Mama AJ at September 30, 2011 01:15 PM (XdlcF)
Frak yeah!
Frakkin A!
I frak on the first date.
Posted by: yinzer at September 30, 2011 09:19 AM (/Mla1)
Posted by: Monkeytoe at September 30, 2011 09:19 AM (sOx93)
Posted by: Dustin
.........
Fuck. You.
And get to work.. shouldn't you be out looking for a second job to pay for my retirement, you young whippersnapper??
Posted by: Chi-Town Jerry at September 30, 2011 09:19 AM (f9c2L)
I would vote for a skunk who had taken up residence in my left nostril and held regular wild parties for his friends on the opposite ticket to Obama.
Posted by: kdny not a yankee at September 30, 2011 01:14 PM (KxHDw)
I'd vote for Mittens.
Posted by: Captain Hate at September 30, 2011 09:19 AM (OGZqf)
Posted by: cherry pi, terrorist hostage taking SOB at September 30, 2011 09:20 AM (OhYCU)
Frakking our way back too $1.50 gas
Posted by: Buzzsaw at September 30, 2011 09:20 AM (tf9Ne)
Posted by: Danger Mouse at September 30, 2011 09:20 AM (ieDPL)
Green, or Blue?
pro-frakking slogans.
Get your Frak On.
Domestic Drilling: It's a big Frakking Deal.
Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 30, 2011 09:21 AM (8y9MW)
Posted by: dagny at September 30, 2011 09:21 AM (beOwU)
everybody frak now!!!!!
Posted by: phoenixgirl other work computer at September 30, 2011 09:22 AM (IpiZb)
Posted by: Danger Mouse at September 30, 2011 09:22 AM (ieDPL)
Posted by: The Chap in the Deerstalker Cap at September 30, 2011 09:22 AM (qndXR)
LOL!
Posted by: EC at September 30, 2011 09:22 AM (GQ8sn)
I believe not, though it usually does go through some kind of process- part of that is to add an agent to give it that "natural gas" smell- since it doesn't actually have one of its own.
Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 30, 2011 09:22 AM (8y9MW)
Would make sense when saying someone's house got Hot Karl'd!
Posted by: EC at September 30, 2011 09:22 AM (GQ8sn)
That substance is beta-mercaptoethanol. That's what gives it the stink.
Posted by: EC at September 30, 2011 09:23 AM (GQ8sn)
Posted by: Danger Mouse
...........
Yes, but not as complicated as oil.
http://tli.tl/78E5Q3
Posted by: Chi-Town Jerry at September 30, 2011 09:23 AM (f9c2L)
Posted by: Mindy at September 30, 2011 09:23 AM (0RSSz)
Posted by: Soothie at September 30, 2011 01:20 PM (sqkOB)
Not until somebody takes the plunge to build gas pipelines to service stations. Boone Pickens plan is to convert heavy trucks because it's easier to build the pipelines to freeway truckstops where we already have the right of way. Cars could follow if that happened because you could fill up at home for local driving and use truckstops for fuel crosscountry.
Posted by: robtr at September 30, 2011 09:24 AM (MtwBb)
With a little bit of plumbing and conversion of our vehicles.....we could be refueling our cars at home each day. ....For pennies compared to how bad we're being gouged at the pumps these days.
Posted by: ConservativeMenAreJustHotter at September 30, 2011 01:18 PM (7D6kL)
We will be doing that in the not too distant future.
Posted by: Vashta Nerada at September 30, 2011 09:24 AM (ItDg4)
What!?! I didn't authorize this! Seize him, you fools!
Posted by: Barack Obama at September 30, 2011 09:24 AM (Z7toi)
♪ Aaahh Frak out!
Le Frak, C'est Chic
Frak out!
Aaahh Frak out!
Le Frak, C'est Chic
Frak out!
Aaahh Frak out!
Le Frak, C'est Chic
Frak out!
Aaahh Frak out!
Le Frak, C'est Chic
Frak out!
Posted by: Chic at September 30, 2011 09:24 AM (sqkOB)
Mexicans like oil. They think of the Mexican state-owned oil giant as the awesome, if corrupt, place to get an awesome job.
Convincing poor Mex-Americans in California to vote against drilling so we don't spoil the view of some rich liberals coastal mansion?
That ain't gonna fly in the 2020s.
It'll be a Democrat Mex-American Governor in California who lifts their drilling bans in the 2020s.
Posted by: Clubber Lang at September 30, 2011 09:24 AM (QcFbt)
But the boomers have screwed us with a debt that is absolutely ridiculous.
It's like being a bright professional worker earning a pro's wage with a great property and happy family, but you also have $999,999 on your credit card because your ex wife was a psycho about binge spending.
Posted by: Dustin at September 30, 2011 01:17 PM (fF625)
Don't let it get you down. It's really not quite the same thing as private debt, and while undesireable it's really nowhere near as bad as private debt. The bright professional worker is not able to print the currency in which he owes debts. When it comes to US debt, all that matters is inflation. As long as it's moderate, it's not a big deal. Indeed, a fiat system like ours requires a deficit to function properly, to provide for loss of currency and the desire for savings.
All hyperinflationary events since 1900 have been caused by either civil unrest leading up to regime change, foreign-denominated debt, or a combo of the two. Happily the US has niether of those problems right now.
Posted by: Reactionary at September 30, 2011 09:24 AM (xUM1Q)
Posted by: Mama AJ at September 30, 2011 09:25 AM (XdlcF)
Posted by: phoenixgirl other work computer at September 30, 2011 09:25 AM (IpiZb)
Posted by: WalrusRex at September 30, 2011 12:48 PM (Hx5uv)
Right on!
Posted by: Roger at September 30, 2011 09:25 AM (tAwhy)
Posted by: cherry pi, terrorist hostage taking SOB at September 30, 2011 09:27 AM (OhYCU)
Posted by: Solyndra Whistling Robot at September 30, 2011 09:27 AM (9eDbm)
Whoa - pretty dadgum amazing efficiency if they can surpass Saudi Arabia & Russia on only about 20,000-ish workers.
That's gotta be an absolutely ASTRONOMICAL number of barrels per worker.
Kinda gets back to the point that the Bamster was making about them new-fangled Automated Teller Machine thingamabobs - what are, ah, "slightly-less-than-perfect" workers [slightly low IQ, slightly unhealthy, slightly encumbered by past debts, slightly less than optimal marital/family situations] supposed to do for employment if the "good" workers are so much more productive than they?
I.e. if a worker with an IQ of 110, at, say $50,000/yr in salary, can be as productive, as, say, 10 workers with an IQ of 95, at, say, $20,000/yr in salary each [for a total of $200,000/yr in salaries], then what are people with an IQ of 95 gonna do for a living?
Sit around on their lazy posteriors and mooch off of welfare?
'Cause it feels like modernity is starting to price the slightly-less-than-average right out of the job market.
Posted by: Paul McCartney is Dead at September 30, 2011 09:27 AM (M1IO5)
""We actually have probably between 2,000 and 3,000 job openings in Williston right now," Koeser says."
Stop whining and start hiring.
There, now I can take credit for those jobs.
Posted by: B. O. at September 30, 2011 09:27 AM (XdlcF)
Posted by: CoolCzech at September 30, 2011 09:27 AM (niZvt)
Are pipelines to stations really necessary? Why not just have underground tanks like the gas stations do?
Posted by: Soothsayer at September 30, 2011 09:27 AM (sqkOB)
Posted by: Liberals at September 30, 2011 09:27 AM (Z7toi)
Anyone know the mileage of using nat-gas (CNG, I guess?) vs. gasoline? I mean, it may be pennies on the dollar per gallon- but what does that get me per mile?
Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 30, 2011 09:28 AM (8y9MW)
Posted by: JWF at September 30, 2011 09:28 AM (1l37M)
112 Soothie.....yeah, we've been looking into it. ...It will cost us about $2800 to convert each of our vehicles. ....We can't afford it just yet, but it's on our list of to-do's when we can.
There is a CNG site that shows on a map where all the fueling stations are located in your area.
117 Danger Mouse......I don't think so. They take it out of the ground and pump it into the pipelines.....and into our houses.
Now, LNG is a different story. ....That is Liquified Natural Gas.....it has to be converted to a liquid.
Posted by: ConservativeMenAreJustHotter at September 30, 2011 09:28 AM (7D6kL)
Posted by: L. Graham at September 30, 2011 09:30 AM (ApXjP)
Posted by: Reactionary at September 30, 2011 01:24 PM (xUM1Q)
Well yes; because tied into that is keeping the dollar sound and as long as the debt holders are willing to accept payment in dollars, rather than say Argentinian pesos or Euros (back when it seemed like it was a strong currency, which wasn't that long ago), payment is always possible.
Posted by: Captain Hate at September 30, 2011 09:30 AM (OGZqf)
Posted by: Vashta Nerada at September 30, 2011 01:24 PM (ItDg4)
It's easy to do, we already did in the 70's with propane conversion kits. Cars are more complicated today, I don't know if it would be as easy now as it was then.
Posted by: robtr at September 30, 2011 09:31 AM (MtwBb)
All we need to do is copy the current technology and contract a Chinese company to manufacture the parts for us!
Posted by: Soothsayer at September 30, 2011 09:31 AM (sqkOB)
151...Anyone know the mileage of using nat-gas (CNG, I guess?) vs. gasoline? I mean, it may be pennies on the dollar per gallon- but what does that get me per mile?
Been told it's the same, AllenG. ....Because our fuel injectors convert the other kind of gas into a vapor in order to burn it.
Posted by: ConservativeMenAreJustHotter at September 30, 2011 09:31 AM (7D6kL)
Posted by: Natural Gas at September 30, 2011 09:32 AM (ieDPL)
Posted by: robtr at September 30, 2011 01:31 PM (MtwBb)
I'm not sure either, I get it out of the ground and let someone else worry about getting it into vehicles.
Posted by: Vashta Nerada at September 30, 2011 09:33 AM (ItDg4)
117Does natural gas have to be refined.
---
A close neighbor - about a mile away was drilling a water well about 40 years ago and hit natural gas instead. Since then they have free heat. The refining consists of adding the rotten egg smell (for safety).
Posted by: Jimmah at September 30, 2011 09:33 AM (g9KCn)
Posted by: SantaRosaStan at September 30, 2011 09:34 AM (UqKQV)
With homosexuals now able to serve openly in the military, the gay rights movement’s next battleground is to persuade the Obama administration to end the armed forces’ ban on “transgenders,” a group that includes transsexuals and cross-dressers.
Posted by: Guy Fawkes at September 30, 2011 09:34 AM (jiVmv)
Methyl Mercaptan
Posted by: weft cut-loop at September 30, 2011 09:35 AM (s1vtf)
And then there is the weight thing.....Natural Gas doesn't weigh as much as petro-gas, so your vehicle is not having to carry that weight around.
This might help with the mileage figure.
Posted by: ConservativeMenAreJustHotter at September 30, 2011 09:35 AM (7D6kL)
"Why, that takes too long! You'll never put a dent in oil imports by opening new fields!"
Yeah, and my dick is 13 inches long.
Posted by: Sphynx at September 30, 2011 09:35 AM (fEmj2)
Posted by: K. Rove at September 30, 2011 09:36 AM (ApXjP)
Okay, but "per pound" is not the same as "per gallon." My gas tank holds X gallons (measure of volume) not X pounds (measure of weight) of fuel.
But, if the mileage-per-volume is the same (or even just "nearly the same,") then that's fine.
Unlike ethanol which gets worse gas mileage and isn't significantly cheaper than real gasoline.
Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 30, 2011 09:37 AM (8y9MW)
Posted by: Mama AJ at September 30, 2011 09:38 AM (XdlcF)
And then there is the weight thing.....Natural Gas doesn't weigh as much as petro-gas, so your vehicle is not having to carry that weight around.
This might help with the mileage figure.
Posted by: ConservativeMenAreJustHotter at September 30, 2011 01:35 PM
Yes, but the tanks weigh a lot more and take up a lot of room.
Posted by: Velvet Ambition at September 30, 2011 09:38 AM (mFxQX)
Posted by: K. Rove at September 30, 2011 09:39 AM (ApXjP)
Posted by: Darth Rove at September 30, 2011 09:40 AM (ieDPL)
Posted by: Jimmah at September 30, 2011 09:40 AM (g9KCn)
Posted by: Guy Fawkes at September 30, 2011 01:34 PM (jiVmv)
Geez! Once again life imitates art. That is if you consider this to be art...
Posted by: Nighthawk at September 30, 2011 09:41 AM (OtQXp)
Posted by: Jimmah at September 30, 2011 09:44 AM (g9KCn)
Posted by: KG at September 30, 2011 09:45 AM (LD21B)
That substance is beta-mercaptoethanol. That's what gives it the stink.
Also known as janeangarofalol.
Posted by: The Mega Independent at September 30, 2011 09:46 AM (stEuz)
Posted by: J. Boehner at September 30, 2011 09:47 AM (ApXjP)
Posted by: The Mega Independent at September 30, 2011 01:46 PM (stEuz)
I thought it was michealmoorenal?
Posted by: KG at September 30, 2011 09:47 AM (LD21B)
Posted by: Jean at September 30, 2011 09:49 AM (liPvR)
Posted by: Red Shirt at September 30, 2011 09:50 AM (FIDMq)
Remember liberals complaining (at least by 2001) that it would take 10 years to get any drilling in ANWR or on the coast to produce anything?
Yeah. About that...
Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 30, 2011 09:51 AM (8y9MW)
Posted by: J. Huntsman at September 30, 2011 09:52 AM (ApXjP)
I'm trying to get a book on my Kindle from my library and I'm ready to cry.
I think it was seeing that they only have book 5 of any series you might want, but they do have a 1889 Cincinnati phone book available as an ebook.
Posted by: Mama AJ, who is really not anywhere near Cincinnati at September 30, 2011 09:52 AM (XdlcF)
Today, a million BTUs of NG is about $4. A million BTUs of oil is about $20. Which one would YOU burn for power? And what about coal, you ask? $2.50 per million BTU.
Posted by: Dave G at September 30, 2011 09:56 AM (WE9e/)
Drilling in ANWR or off CA or more in the Gulf could break OPEC. I'm so pissed off about seeing ski slopes in the desert or a race to build the highest building in the world happening in the OPEC countries that I could even buy a prius. (LOL, what the heck was I saying? No chance) I'd rather go with natural gas fueled cars. North America is natural gas independent.
Posted by: Max Entropy at September 30, 2011 09:56 AM (lH6z9)
ppppolls PublicPolicyPolling by JammieWF Arguably our most shockingly bad for Obama state level poll of the year coming out in the next hour
Posted by: Tami at September 30, 2011 09:58 AM (X6akg)
Posted by: sifty at September 30, 2011 09:59 AM (4CSeG)
Posted by: N. Gingrich at September 30, 2011 09:59 AM (ApXjP)
but they do have a 1889 Cincinnati phone book available as an ebook.
I've read that book. Lousy plot, but a great cast of characters!
Posted by: HH at September 30, 2011 10:00 AM (HFnqj)
Drill baby drill! Oil is not only good for the oil itself, its kinda hard to outsource drilling jobs.
Posted by: The Schwalbe : © at September 30, 2011 10:00 AM (UU0OF)
Posted by: Jimmah at September 30, 2011 10:01 AM (g9KCn)
Just think, if we had done more of this 10,20,30 years ago....
My impression is that "we" [in the industry, and in graduate-level fields of study, like "Geophysical Fluid Dynamics"] worked furiously for the last 30 years just to DEVELOPthe technology.
But I'll bet you that the technology is so dadgum sophisticated that it requires workers with a minimum IQ of 110 or 115 to pull it off, which is great for workers out in that IQ range, but I doubt that this technology has much of a demand for workers with IQs of 90, 95, or even 100.
I mean - if you're drilling a 10 million dollar diamond-encrusted drill bit many miles beneath the earths surface, and then injecting steam at temps of what? 300F? 400F? 500F? at God-only-knows who many PSI [many, many multiples of standard atmospheric pressure] deep beneath the surface, using multi-million dollar software packages, on military-grade "hardened" computer systems - well, that's great for, say, the Todd Palins of the world, but the, ah, "Mr. Maxine Waters"es of the world need not apply.
Posted by: Paul McCartney is Dead at September 30, 2011 10:01 AM (M1IO5)
Drill baby drill! Oil is not only good for the oil itself, its kinda hard to outsource drilling jobs.
I drink your milkshake!
Posted by: Castro in the Gulf at September 30, 2011 10:02 AM (LyOUH)
Posted by: Scott J at September 30, 2011 10:03 AM (/bVuS)
Posted by: polynikes - Texan for Romney at September 30, 2011 10:04 AM (Cs6bg)
Posted by: Jane D'oh at September 30, 2011 01:04 PM (UOM4
Gushers will abound: "Thar she blows!"
Posted by: No Whining at September 30, 2011 10:05 AM (Wqfrr)
Posted by: M. Romney at September 30, 2011 10:05 AM (ApXjP)
re: Trannies serving in the US military
Yeah, who saw that coming. Me.
--------------------------------------
Most milbloggers I read, including some of the guys over at Blackfive, either support repeal or are more or less indifferent to it.
Pretty damn sad, I must say.
Because as soon as it's a done deal, they'll be lobbying for transgenders to serve openly in the armed forces, too.
Posted by: Senator Soothsayer (R-AoS) at December 08, 2010 01:38 PM (uFokq)
Posted by: Soothsayer at September 30, 2011 10:06 AM (sqkOB)
Posted by: dagny at September 30, 2011 10:07 AM (beOwU)
Posted by: phoenixgirl work computer at September 30, 2011 10:07 AM (IpiZb)
202178, plus it compounds itself with every fn thing and you spend more energy trying to get the H2 to unmarry from its compound than you get back from burning it as fuel.
---
Yes there's that little law of physics problem too. Nothing some loan guarantees and bankruptcies cant solve though.
Posted by: Jimmah at September 30, 2011 10:07 AM (g9KCn)
Sunoco, having already done that, is now completely out of the refining business. If their 'venerable' Marcus Hook unit doesn't sell by July, they're locking her down and walking away. ConocoPhil has the other Philadelphia refinery, and it's on the block too, sell or shut down.
Nobody wants into this business ("PBF" being the exception, they're some oil-boilers from way back, and snatched up a few castoffs which are hand-over-fist right now). Investors have been convinced that there is no future in it.
Despite the high number of petro-construction contractors around, if you go to build a new cracker, it comes turnkey from England. We've lost our national capacity to build refineries. Lots of those units are being installed lots closer to the ME fields, with Indian and Chinese money behind them.
Shipping finished product is much touchier than crude, whether pipelined ("African gas station") or tanked ("Target"). There's going to be some security vulnerability there. German submarines convinced us to build a pipeline from Texas to Ohio in just over a year.
Posted by: comatus at September 30, 2011 10:08 AM (NA+Ul)
209 comment so I'm going OT for a minute.
I posted a comment in an earlier thread about a PETA segment on FNC this morning. My comment, crude though it may have been, was not an exageration.
If FNC puts up the vid, it is post-worthy.
Hours later and I am still in shock with the recognition of what a despicable human being she is.
Posted by: Castro in the Gulf at September 30, 2011 10:10 AM (LyOUH)
oh you soooo cute, PPP
It looks like they're trying to scare the GOP into pandering [more] for the 'hispanic' vote.
Posted by: Soothsayer at September 30, 2011 10:10 AM (sqkOB)
Posted by: James at September 30, 2011 10:10 AM (lY0w9)
Posted by: Necrophiliacs for a More Perfect Union at September 30, 2011 10:10 AM (Hx5uv)
Posted by: C. Crist at September 30, 2011 10:11 AM (ApXjP)
But I'll bet you that the technology is so dadgum sophisticated that it requires workers with a minimum IQ of 110 or 115 to pull it off, which is great for workers out in that IQ range, but I doubt that this technology has much of a demand for workers with IQs of 90, 95, or even 100.
Well, yes and no. For every petroleum engineer and geoligist employed there are probably 20 or so more blue collar jobs running from the entry level Roustabout (thats a fun word, right?) to skilled labor like heavy equipment operators and roughnecks. And that doesn't include the related service industries like wireline guys and the seismic people. (both of which require only a high school level education and can make over 100k)
So why the tech might not, many of the related jobs do.
Posted by: Jollyroger at September 30, 2011 10:11 AM (NCw5u)
Posted by: C. Crist at September 30, 2011 02:11 PM (ApXjP)
Don't drop in here, Charlie, hoping to boost your conservative cred by endorsing Romney. We know you're in the bag for Jon Hunstman!
Posted by: Clueless at September 30, 2011 10:13 AM (LyOUH)
Posted by: Skookumchuk at September 30, 2011 10:13 AM (btzPD)
But I'll bet you that the technology is so dadgum sophisticated that it requires workers with a minimum IQ of 110 or 115 to pull it off, which is great for workers out in that IQ range, but I doubt that this technology has much of a demand for workers with IQs of 90, 95, or even 100.
Well, yes and no. For every petroleum engineer and geoligist employed there are probably 20 or so more blue collar jobs running from the entry level Roustabout (thats a fun word, right?) to skilled labor like heavy equipment operators and roughnecks. And that doesn't include the related service industries like wireline guys and the seismic people. (both of which require only a high school level education and can make over 100k)
So why the tech might not, many of the related jobs do.
---
If they need any coffee runners @ $30/hr, I call dibbs.
Is that how it works? Getting a job that is. Being self employed for 20 years I forgot how they do it.
Posted by: Jimmah at September 30, 2011 10:14 AM (g9KCn)
Posted by: cherry pi, terrorist hostage taking SOB at September 30, 2011 10:14 AM (OhYCU)
Posted by: J. Huntsman at September 30, 2011 10:14 AM (ApXjP)
Posted by: Daniel Plainview, a mite confused at September 30, 2011 10:15 AM (16lYZ)
223I always get Charlie Christ and Chris Christie mixed up. Which is a Republican?
--
That'd be the other guy. Charlie Christie.
Posted by: Jimmah at September 30, 2011 10:16 AM (g9KCn)
dagny, it's been a complete waste of an hour.
First, the library site was down for at least 2 days...tried to check it when Monty posted about ebooks on Kindle last Sunday.
Then the library site directed me to an ebook site for several local library systems.
I'm pretty sure it created by Satan or the Obama Administration. Or both.
Then the selection is crap. Why, time and time again, do they have one book in the middle of a series? And only the 1889 Cinc. phone book? Everone knows 1892 was the best year.
Finally find two things I want. One isn't available. The other is, on Kindle even.
Twelve screens later, I have Amazon telling me that I can't get it on MY kindle because I don't have Wi fracking Fi.
Well, I could download it and then use the USB cable, I guess.
Posted by: Mama AJ at September 30, 2011 10:16 AM (XdlcF)
Posted by: Necrophiliacs for a More Perfect Union at September 30, 2011 02:10 PM (Hx5uv)
My local news gal this morning was talking about PETAs claim that eating meat is akin to necrophilia and must have had a stroke and forgotten that she resides in a conservatie southern city. She started down the path of "Well, I guess I can kinda see where they're coming from..." shen she realized how asinine it was and said "No! I don't. And neither does anyone out there!"
Posted by: Clueless at September 30, 2011 10:17 AM (LyOUH)
Posted by: cherry pi, terrorist hostage taking SOB at September 30, 2011 10:18 AM (OhYCU)
Posted by: C. Crist at September 30, 2011 10:19 AM (ApXjP)
That sounds like something one of our local newsies would have said- on purpose. He regularly makes fun of the stories he's reporting (also the viewers who send in particularly stupid comments- he's the reason I watch the local Fox affiliate's evening news).
Posted by: AllenG (Dedicated Tenther) is tired beyond tired of the trolls at September 30, 2011 10:19 AM (8y9MW)
209 comment so I'm going OT for a minute.
I'm shocked and horrified.
Hmmm
treads lightly
About me going OT or about the PETA person being a complete c**t?
I'm not talking average PETA dispicable here. I'm talking industrial strength hatred of human beings.
Posted by: Clueless at September 30, 2011 10:20 AM (LyOUH)
Posted by: J. Huntsman at September 30, 2011 10:21 AM (ApXjP)
About me going OT
Yes, just being silly because I may have gone sliiiightly off topic myself. Possibly.
Posted by: Mama AJ at September 30, 2011 10:25 AM (XdlcF)
If FNC puts up the vid, it is post-worthy.
Hours later and I am still in shock with the recognition of what a despicable human being she is.
Posted by: Castro in the Gulf at September 30, 2011 02:10 PM (LyOUH)
Ace posted this PETA story yesterday....is what you're talking about the same?
Posted by: Tami at September 30, 2011 10:25 AM (X6akg)
Posted by: Jollyroger at September 30, 2011 10:26 AM (NCw5u)
Posted by: cherry pi, terrorist hostage taking SOB at September 30, 2011 10:26 AM (OhYCU)
Posted by: polynikes - Texan for Romney at September 30, 2011 10:39 AM (Cs6bg)
Given all the BS regulations you can not pump money into a unit that will not be operated at capacity.
Posted by: Vic at September 30, 2011 11:01 AM (M9Ie6)
Ace posted this PETA story yesterday....is what you're talking about the same?
Same story, but FNC did an interview with the president of PETA about it today. She is horrid.
Posted by: Clueless at September 30, 2011 11:07 AM (LyOUH)
Posted by: azkag at September 30, 2011 11:07 AM (wl3zU)
This is not due to an increase in domestic oil drilling!
Domestic oil drilling has only increased 12% since it hit a low point in 2008. We've rebounded from our long, steady decline, which is good, but we're only drilling as much as we were in 2003.
What this means is that the numbers presented are not really intuitive. When you see that half of our oil is domestic, you'd think we're drilling for as much oil as we are importing. We're not. We are drilling about 5.5 million barrels a day of crude oil. We're importing 12 million barrels/day. Net imports are about 9 million barrels/day. So yeah, we're still at the ~66% imported crude oil amount.
In order to get the 50% domestic, we add a lot of other parts into the number. One cheap way of increasing our domestic supply of petroleum is by counting processing gains. See, we measure oil, gasoline, kerosene, etc by volume. 1 gallon of crude oil can make >1 gallon of products. So since we refine most of what we use, all of that increase in volume counts as domestic supply for us. It's about 1 million barrels/day, and that hasn't changed much over the years.
Another major part is natural gas liquids. The gas boom in Pennsylvania has paid off in the oil sector, as we're currently producing ~2.1 million barrels/day of NGL, up from 1.8 million in 2008.
The last part is a catchall for other products blended in, including (much to the chagrin of everyone here) ethanol. This has also increased about 0.5 million barrels/day from 2008 as well.
So basically, the statement that we went from 67% imports to 50% imports in 2 years is a big fat lie. It's comparing apples to oranges. Domestic production has increased and imports have decreased, but the change is also in natural gas and ethanol. Here's the breakdown in numbers:
2008
Net imports: 11.11 million barrels/day
Crude oil production: 4.95 million barrels/day
Natural gas liquids: 1.78 million barrels/day
Other additives (incl biofuels): 0.85 million barrels/day
Processing gain: 0.99 million barrels/day
Total petroleum supplied: 19.50 million barrels/day
% That is imported: 57%
2011 (through August)
Net imports: 8.88 million barrels/day
Crude oil production: 5.58 million barrels/day
Natural gas liquids: 2.13 million barrels/day
Other additives (incl biofuels): 1.38 million barrels/day
Processing gain: 1.06 million barrels/day
Total petroleum supplied: 19.00 million barrels/day
% That is imported: 47%
Anyone know how to get a hold of Ace? He's usually get at making sure things aren't misrepresented on his blog, and he showed a lot of skepticism here. It'd be nice if the hard facts were shown as well.
Posted by: SkepticalMI at September 30, 2011 11:51 AM (UwY65)
Posted by: The Schwalbe : © at September 30, 2011 02:00 PM (UU0OF)
You called?
Posted by: Petrobras at September 30, 2011 11:57 AM (i3+c5)
But I'll bet you that the technology is so dadgum sophisticated that it requires workers with a minimum IQ of 110 or 115 to pull it off, which is great for workers out in that IQ range, but I doubt that this technology has much of a demand for workers with IQs of 90, 95, or even 100.
Even the most high tech Silicon Valley enterprise has to rely on average workers to take out the garbage, keep the power and lights on, the sinks working and toilets flushing along with a host of other support sevices.
Same is true out in the Bakken, truck drivers, mechanics, electricians, plumbers, cooks, HVAC guys, you name the trade they need it out there. As a result there is no effective unemployment here in ND, in fact we are importing thousands upon thousands of workers to meet the need of the oil fields.
However, Obama's handpicked Federal Attorney in ND has filed criminal, yes CRIMINAL, charges against 2 oil companies over a couple of dead birds. The wind farms out here have killed far more birds than the oil fields could hope to, but Obama wants to put the evil oil people in jail while ignoring the greater offense, if it can even be called an offense expect in the minds whack job leftists.
Posted by: Thresherman at September 30, 2011 12:03 PM (GkYyh)
Posted by: Christopher Taylor at September 30, 2011 12:07 PM (r4wIV)
Same is true out in the Bakken, truck drivers, mechanics, electricians, plumbers, cooks, HVAC guys, you name the trade they need it out there.
In general, NONE of those guys will have IQs in the 90s.
Maybe the cook, but, if so, then your crew will be eating pig slop for dinner.
[Around here these days, your average restaurant "chef" tends to have a Bachelor's degree, and an IQ up towards 120.]
Even the truck driver will need an IQ up around 100 to 105 - and that's for hauling extremely low risk cargo, in good weather, down in the Sunbelt states - not for hauling high risk cargo, in arctic/sub-arctic conditions, in the Dakotas or Montana.
Beyond that, the mechanics, electricians, plumbers, and HVAC guys will all be solidly IQ-115 or higher.
I'm telling you, if they are challenging Saudi Arabia & Russia for production honors, with a workforce of only 20,000, or thereabouts, then they have got worker productivity at a level which is almost difficult to imagine.
And I guaran-dadgum-tee you that they aren't achieving it with a workforce in the range of IQ-100/IQ-95/IQ-90.
Ain't no way, no how.
Posted by: Paul McCartney is Dead at September 30, 2011 12:34 PM (M1IO5)
Posted by: Michael the Hobbit at September 30, 2011 12:37 PM (ifq/U)
Posted by: steevy at September 30, 2011 12:48 PM (fyOgS)
Posted by: Michael the Hobbit at September 30, 2011 04:37 PM (ifq/U)
It will only get better. There is 20 years of output there.
Posted by: Vashta Nerada at September 30, 2011 01:46 PM (ItDg4)
Posted by: Survey sez at September 30, 2011 02:04 PM (wrGst)
Posted by: The Bakken Oil Fields at September 30, 2011 02:15 PM (FlVA8)
Posted by: Helter Skelter AudioBook at September 30, 2011 06:40 PM (nUd+7)
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Subtract Obama, Reid, and Pelosi and things might work out.
Posted by: kansas at September 30, 2011 08:44 AM (mka2b)