May 15, 2013
— Ace No link for a Large Island-Nation State Media. But it's at the BBC, if you want to Bing the headline.
Over the next five years, the US will account for a third of new oil supplies, according to the International Energy Agency (IEA).The US will change from the world's leading importer of oil to a net exporter.
Demand for oil from Middle-East oil producers is set to slow as a result.
"North America has set off a supply shock that is sending ripples throughout the world," said IEA executive director Maria van der Hoeven.
The surge in US production will reshape the whole industry, according to the IEA...
The report sees the US passing Russia to become the world's largest natural gas producer in 2015, and becoming energy self-sufficient by 2035.
So, there is some good news.
Posted by: Ace at
07:38 AM
| Comments (29)
Post contains 150 words, total size 1 kb.
Posted by: madamemayhem at May 15, 2013 08:43 AM (S2RnE)
Posted by: Barack Obama at May 15, 2013 08:46 AM (ymYNL)
Almost all of this is being done on private lands. Imagine where we'd be if the fucking watermelons would open up public turf.
Oh right, they'd just spend the new windfalls from the leases on more Obamaphones and other vote buying schemes.
Posted by: Jaws at May 15, 2013 08:50 AM (4I3Uo)
===============
The really sick thing is that I feel a palpable relief every time I find gas is *only* $4.00, and I'm ecstatic when it dips around $3.50 or less.
Ten years ago $2+ gasoline was alarming, but now $4 has been normalized.
That's disgusting.
Posted by: Kensington at May 15, 2013 08:52 AM (ymYNL)
I'm happy for our country, as this news means we will have significant numbers of jobs in energy. However, I'm not going to scream for joy until I start seeing gas prices of $1.89/gallon for mid-grade. Take us there, and I'll be shouting from the rooftops.
Posted by: ICBMMan at May 15, 2013 08:53 AM (SRlAF)
Posted by: Jeffinmi at May 15, 2013 09:10 AM (1z8rY)
Posted by: Fourth Virginia at May 15, 2013 09:16 AM (wbmaj)
*
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How about 89 cents/gallon for premium!!!
Posted by: Wolfus Aurelius at May 15, 2013 09:17 AM (BDU/a)
Posted by: gbunce at May 15, 2013 09:20 AM (0enNg)
About that. Apparently the Algae lake was located near the new Solar Panel Array.
Well, mistakes happen and all the algae got fried.
Hell, MSNBC was all over the story!
I'm amazed you didn't hear about it...
Posted by: HH at May 15, 2013 09:23 AM (XXwdv)
Posted by: scofflawx at May 15, 2013 09:33 AM (hcgfJ)
Posted by: scofflawx at May 15, 2013 09:35 AM (hcgfJ)
Posted by: redguy at May 15, 2013 09:43 AM (oqvI4)
If they don't screw it up, and they could. This could and will give Barack and has buddies more power and money to weild over us.
Posted by: Big Swinger at May 15, 2013 09:59 AM (iWo0u)
Posted by: commonsensemom at May 15, 2013 10:57 AM (MfA31)
Does this mean we can ignore the middle east with impunity? Sort of treat Abbas like he's a tinpot dictator? Tell Iran to go fuck themselves?
Carbon, baby! It's the best.
Posted by: MTF at May 15, 2013 11:07 AM (B5y+v)
Posted by: Ryan Farnes at May 15, 2013 11:11 AM (8OZQG)
Posted by: I R A Darth Aggie ® at May 15, 2013 11:35 AM (1hM1d)
Posted by: burt at May 15, 2013 11:40 AM (/QJXp)
Posted by: Barack O-bah-muhh still transforming America at May 15, 2013 12:12 PM (Rx0QM)
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Hopefully by 2035 or I'm as bad at math as the President.
Posted by: Michael Moore's Boobs at May 15, 2013 08:43 AM (rCS6C)