April 30, 2013
— Dave in Texas Lots of numbers and a nice chart. Bottom line - Texas has wiped out a two-decade decline in crude oil output, and that within just the last 3 years. It is the largest oil producing state in the US, pumping out 32% of all domestic crude. If it were a nation, it would rank 13th in the world.
Texas oil output in February, at an average of 2.295 million bpd, was 25.3% greater than the combined 1.83 million bpd of US oil imports that month from all of the Persian Gulf countries (Saudi Arabia, Iraq, Kuwait, and Qatar). In fact, Texas oil output has exceeded Persian Gulf imports in each of the last seven months starting last August, something that has never happened before in the history of monthly EIA data for Persian Gulf imports going back to January 1993.
The south Texas Eagle Ford field is now the largest oil and gas production field in the world. 6 years ago it was barely a blip.
This massive growth in energy production has helped fuel job growth. In the prior 12 months through March payrolls grew in Texas by 329,500 jobs (17% of all US jobs).
Posted by: Dave in Texas at
08:46 AM
| Comments (139)
Post contains 210 words, total size 1 kb.
Posted by: Yip at April 30, 2013 08:08 AM (/jHWN)
Posted by: Vizzy at April 30, 2013 08:40 AM (H0lcY)
Posted by: dudenolongerinsantacruz at April 30, 2013 08:42 AM (ZCu9v)
Posted by: Shoot Me at April 30, 2013 08:50 AM (qiXMt)
Posted by: Obama 2012 at April 30, 2013 08:50 AM (e8kgV)
Posted by: Yip at April 30, 2013 12:08 PM (/jHWN)
I'm not.
Cline shale field in and around Odessa. Supposedly it is the grand daddy of them all. I'll beleive that when I see the well reports.
Posted by: Jollyroger at April 30, 2013 08:50 AM (t06LC)
Posted by: BackwardsBoy, who did not vote for this shit at April 30, 2013 08:50 AM (+z4pE)
Posted by: Emdoc at April 30, 2013 08:51 AM (oe4oA)
Posted by: BackwardsBoy, who did not vote for this shit at April 30, 2013 08:52 AM (+z4pE)
@9
Actually, preversely yes. Most of these fields wouldn't be developed if oil were less than $80 a barrel, and the reason oil is so high right now is not from consumption, but due to a decline in the dollar and fears of inflation.
So, kinda. Thanks for making my job possible Obama. On the downside, the traffic here sucks now.
Posted by: Jollyroger at April 30, 2013 08:52 AM (t06LC)
Posted by: Yip at April 30, 2013 12:08 PM (/jHWN)
-
Snyder
Posted by: Vashta Nerada at April 30, 2013 08:52 AM (aq5Dc)
Posted by: huerfano at April 30, 2013 08:53 AM (bAGA/)
Posted by: Nevergiveup at April 30, 2013 08:53 AM (9Bj8R)
Posted by: Niedermeyer's Dead Horse at April 30, 2013 08:54 AM (piMMO)
Posted by: BCochran1981 at April 30, 2013 08:54 AM (da5Wo)
Of course.
I love how the libs at other blogs are convinced Texas will go blue eventually.
Posted by: Jane D'oh at April 30, 2013 08:54 AM (lVPtV)
Posted by: Vashta Nerada at April 30, 2013 08:54 AM (aq5Dc)
Posted by: Mike Hammer at April 30, 2013 08:55 AM (aDwsi)
Anyway, I heard the percentage of transactional sex is bigger in Texas.
Posted by: Shoot Me at April 30, 2013 08:55 AM (qiXMt)
How's the oil production in that area?
Posted by: Jane D'oh at April 30, 2013 08:55 AM (lVPtV)
Posted by: Barack "Man's Country" Obama at April 30, 2013 08:56 AM (B/VB5)
Posted by: Yip at April 30, 2013 08:56 AM (/jHWN)
Posted by: Mike Hammer at April 30, 2013 08:56 AM (aDwsi)
Meanwhile.... California languishes under the Democrat yoke.
But did you hear about the gay NBA player????????11???
Posted by: The Enforcer at April 30, 2013 08:56 AM (A71EA)
Posted by: BackwardsBoy, who did not vote for this shit at April 30, 2013 08:57 AM (+z4pE)
Posted by: Stephen Price Blair at April 30, 2013 08:58 AM (QF8uk)
How's the oil production in that area?
Posted by: Jane D'oh at April 30, 2013 12:55 PM (lVPtV)
-
That area is almost all nat gas
Posted by: Vashta Nerada at April 30, 2013 08:58 AM (aq5Dc)
Posted by: Fourth Virginia at April 30, 2013 08:58 AM (wbmaj)
Posted by: RioBravo at April 30, 2013 08:58 AM (eEfYn)
Their holding hands and getting zip tie bracelets over Fracking sand here in Minnesota.
http://tinyurl.com/cujldq6
Posted by: Buzzsaw at April 30, 2013 08:59 AM (wrS2o)
Posted by: Jane D'oh at April 30, 2013 12:55 PM (lVPtV)
-- Northwest or Northeast?
Posted by: Velvet Ambition at April 30, 2013 08:59 AM (R8hU8)
Posted by: Yip at April 30, 2013 08:59 AM (/jHWN)
Posted by: Fourth Virginia at April 30, 2013 09:00 AM (wbmaj)
Posted by: Rick fucking Perry at April 30, 2013 12:58 PM (lVPtV)
Another thing I'd like to see is Perry continue to improve the Texas economy with oil and gun manufacturers, and put TFG to shame. Then run again.
Posted by: BackwardsBoy, who did not vote for this shit at April 30, 2013 09:01 AM (+z4pE)
Posted by: rickb223 at April 30, 2013 09:01 AM (HzdHu)
Posted by: Jane D'oh at April 30, 2013 12:55 PM (lVPtV)-- Northwest or Northeast?
Northwest, I think.
Posted by: Jane D'oh at April 30, 2013 09:01 AM (lVPtV)
Posted by: MWR, Proud Tea(rrorist) Party Assault Hobbit [/s][/i][/u][/b] at April 30, 2013 09:01 AM (4df7R)
Posted by: Liberal at April 30, 2013 09:01 AM (cv5Iw)
Posted by: Liberal at April 30, 2013 01:01 PM (cv5Iw)
*throat punch*
Posted by: MWR, Proud Tea(rrorist) Party Assault Hobbit [/s][/i][/u][/b] at April 30, 2013 09:02 AM (4df7R)
Posted by: Jed Clampett at April 30, 2013 09:02 AM (8ZskC)
Posted by: Yip at April 30, 2013 09:02 AM (/jHWN)
Posted by: MrObvious at April 30, 2013 09:02 AM (jgcLl)
Posted by: Fourth Virginia at April 30, 2013 09:02 AM (wbmaj)
Posted by: Fourth Virginia at April 30, 2013 09:03 AM (wbmaj)
Posted by: Fourth Virginia at April 30, 2013 01:02 PM (wbmaj)
And that all time hottest year of forever last year? The average daily high for the year was 7° cooler than the year before.
Posted by: Vic at April 30, 2013 09:04 AM (53z96)
Posted by: Fourth Virginia at April 30, 2013 01:03 PM (wbmaj)
From who? The Mexicans or the progtards from the rest of the country?
Posted by: MWR, Proud Tea(rrorist) Party Assault Hobbit [/s][/i][/u][/b] at April 30, 2013 09:04 AM (4df7R)
Posted by: Professor eleven E.P. (expert professor) at April 30, 2013 09:04 AM (KXm42)
Posted by: ejo at April 30, 2013 09:04 AM (GXvSO)
Posted by: Jinx the Cat at April 30, 2013 09:05 AM (l3vZN)
Posted by: t-bird at April 30, 2013 09:05 AM (FcR7P)
Posted by: Mary Poppins' Practically Perfect Piercing at April 30, 2013 09:05 AM (zF6Iw)
So I loaded up the truck and moved to Beverly
Hills, that is,
Dope dispensaries,
Illegal aliens
Posted by: Jed Clampett at April 30, 2013 09:05 AM (8ZskC)
Posted by: Niedermeyer's Dead Horse at April 30, 2013 09:05 AM (piMMO)
Black gold.
RACIST!
Posted by: Mary Poppins' Practically Perfect Piercing at April 30, 2013 01:05 PM (zF6Iw)
But... black gold is a GOOD thing.
Posted by: MWR, Proud Tea(rrorist) Party Assault Hobbit [/s][/i][/u][/b] at April 30, 2013 09:06 AM (4df7R)
Posted by: Chuck at April 30, 2013 09:06 AM (1oE9r)
Posted by: Jane D'oh at April 30, 2013 09:06 AM (lVPtV)
O/T -
MWR, I left you a response in the last thread to Octomom's "Octopussy" outing: "Even degrading celebrity is better than no celebrity at all" is what I'm sure she'd tell you.
Posted by: Mary Poppins' Practically Perfect Piercing at April 30, 2013 09:06 AM (zF6Iw)
Posted by: scofflawx at April 30, 2013 09:06 AM (hcgfJ)
Posted by: Lazy White Extremist at April 30, 2013 09:06 AM (3GuQx)
Posted by: RWC at April 30, 2013 09:06 AM (fWAjv)
Posted by: Niedermeyer's Dead Horse at April 30, 2013 09:07 AM (piMMO)
It's like the new Gold Rush. Fields full of trailers for housing. People from out of state who show up looking for work, and getting hired to work the same day- and for good money.
Very long hours and a major housing shortage though.
Posted by: Hollowpoint at April 30, 2013 09:07 AM (SY2Kh)
Posted by: PETA bimbo who will remove her top at the drop of a hat at April 30, 2013 09:07 AM (7IE/u)
Posted by: Solar Panels at April 30, 2013 09:07 AM (GGCsk)
Posted by: alexthechick - SMOD. Please? at April 30, 2013 09:08 AM (VtjlW)
America ca. 2013 is like the sad sack salesmen in Glengarry Glen Ross. The guy who comes from downtown to read them the riot act (Alec Baldwin) tells them that "there's money just lying there for you to pick up. If you pick it up, it's yours. If you don't, I have no use for you. It's waiting for you. Are you man enough to pick it up?" And you just know that they won't. They'd rather complain and moan about their bad luck.
"I used to be a salesman. It's a tough racket."
We could have a freakin' boom time in America if we just unleashed the private sector to develop cheap and abundant energy (oil, natural gas, nuclear, clean coal). Instead we tax and spend and tax and spend, and the lawyers and government workers and consultants get rich, while America treads water.
Posted by: The Regular Guy at April 30, 2013 09:08 AM (qHCyt)
Hey now! I've got the AC running at this moment!
'Course, starting tomorrow, the temps are going to drop and I'll be back to wearing my winter coat come Thursday...
Posted by: HH at April 30, 2013 09:08 AM (XXwdv)
Posted by: Solar Panels at April 30, 2013 01:07 PM (GGCsk
Get back to us when Barry's flying on a solar-powered AF One.
Posted by: Jane D'oh at April 30, 2013 09:08 AM (lVPtV)
"Oh my god! The poor, poor Earth is BLEEDING! Bleeding Gaia for profit - NOOOO!"
As Iowahawk likes to put it, Gaia is the ultimate MILF.
Posted by: MM at April 30, 2013 09:08 AM (ZMhO7)
Posted by: Marcus at April 30, 2013 09:08 AM (GGCsk)
Posted by: Jinx the Cat at April 30, 2013 09:09 AM (l3vZN)
Well, they have mounted a special effort to "Turn Texas Blue". No better way to stifle productive activity than to vote Democrat.
Their game plan:
1)Herd all the illegal immigrants (aka: undocumented democrats) to Texas.
2) Ammnesty!
3) Claim those evil repuklicans would NEVER have allowed that to happen if it weren't for Teh One and the DNC.
4) Get Out the Vote drive to register all those new taxpaying Citizens.....
5)BLUE!!!!
Posted by: MrObvious at April 30, 2013 09:09 AM (jgcLl)
Well, they have mounted a special effort to "Turn Texas Blue". No better way to stifle productive activity than to vote Democrat.
Wouldn't they have to move there in order to do that? I rather doubt there'd be some massive influx of progtards into what they know would be Hostile Territory.
I'm pretty sure they'd find themselves in the vast minority and leave. Especially in a booming economy. I can see many opportunities for the locals to "adjust their attitudes."
Posted by: BackwardsBoy, who did not vote for this shit at April 30, 2013 09:10 AM (+z4pE)
Posted by: Fourth Virginia at April 30, 2013 09:11 AM (wbmaj)
Posted by: EROWMER at April 30, 2013 09:11 AM (kxlCQ)
Posted by: Jane D'oh at April 30, 2013 01:01 PM (lVPtV)
-- Very prolific area which includes oil and gas production dating back to early 1900's The Haynesville shale is the hot ticket right now and is mostly gas. Royalty in that area is very valuable. Louisiana has a rule that if there is no production on land for ten years then the minerals revert to the surface owner.
If the Aunt has minerals under land but does not own the land it could be a problem
Posted by: Velvet Ambition at April 30, 2013 09:11 AM (R8hU8)
@63 And California could be doing the same thing and experiencing similar growth, but won't.
-----------------------
I think I read that Governor Brown (who only appears to be *mostly* clueless, and not *completely* clueless) might be moving toward making it possible to drill. He's got to be painfully aware of just how close to the edge the state's budget keeps skating. But given that the Dems control both houses and pretty much all of the beauracracy, I'm not holding my breath.
Posted by: junior at April 30, 2013 09:12 AM (UWFpX)
Posted by: alexthechick - SMOD. Please? at April 30, 2013 09:12 AM (VtjlW)
Posted by: Hank Johnson at April 30, 2013 09:12 AM (SO2Q8)
Posted by: mallfly at April 30, 2013 09:12 AM (bJm7W)
Posted by: Fourth Virginia at April 30, 2013 09:13 AM (wbmaj)
Illegal aliens
Posted by: Jed Clampett
--------------
I would *really* like to hear that overdub...
Posted by: Mike Hammer at April 30, 2013 09:13 AM (aDwsi)
Posted by: Velvet Ambition at April 30, 2013 01:11 PM (R8hU8
She sold the property to move to a retirement center in ATL to be near her sister, but still owns the mineral rights (I'll admit, I have no idea how that works). My husband will be her executor and will inherit the mineral rights.
I believe the property was several acres.
Posted by: Jane D'oh at April 30, 2013 09:14 AM (lVPtV)
"I saw a '79 Eldorado convertible.."
In 1978 is was with my future father-in-law at a boat club he belonged to. Ed Kennard, the GM of Cadillac drove up in a '79 Eldorado.
"What the hell is that?" asked my FIL.
"This is the new Eldorado" explained Kennard.
"Well, your not going to stick me in one of those little bastards" said the FIL.
In the next month, he purchased 8 '78 Eldorado Biarritz's and had a garage built inside one of his warehouses to store them.
He died in '85, so he never ran out of Eldorado's.
Posted by: jwest at April 30, 2013 09:14 AM (u2a4R)
--------------
An irony too delicious to contemplate.
Posted by: Mike Hammer at April 30, 2013 09:14 AM (aDwsi)
Posted by: RWC at April 30, 2013 09:14 AM (fWAjv)
The "clean coal" nobody wants to talk about...
http://preview.tinyurl.com/ct375qd
Methanol for under $1/gal ~= $2/gal gas (when lower energy density is factored)
"...
As discussed previously, economicevaluations have indicated that theLPMEOH™ Process can coproducea clean, high-quality methanol productat less than $0.50 per gallon from coal..."
Yes, we are fucking idiots.
Posted by: @PurpAv at April 30, 2013 09:15 AM (/gHaE)
Posted by: Ragamuffin at April 30, 2013 09:15 AM (fzFF6)
Posted by: Peoples republic of Austin Texas at April 30, 2013 09:16 AM (/jHWN)
Posted by: Ragamuffin at April 30, 2013 09:16 AM (fzFF6)
Posted by: Press-o-dent Energy Policy at April 30, 2013 09:18 AM (p74mI)
Posted by: The Regular Guy at April 30, 2013 01:08 PM (qHCyt)
Because it needed to be posted twice.
Posted by: troyriser at April 30, 2013 09:19 AM (vtiE6)
"This is the new Eldorado" explained Kennard.
"Well, your not going to stick me in one of those little bastards" said the FIL.
-----------------
As a token (is that racist?) to the eco-Nazis, Andy Young, while Mayor of Atlanta, bought and drove a Cimarron. Cadillac had sunk to it's lowest point. Still trying to recover from that car, I think. The JEF drove a Chrysler C300 hemi..., until the political advantage of pandering led him to buy a small Ford hybrid.
Posted by: Mike Hammer at April 30, 2013 09:20 AM (aDwsi)
Posted by: Buzzsaw90 at April 30, 2013 09:20 AM (SO2Q8)
President Barack Obama on Tuesday forcefully defended his policy toward Syria, his handling of the Boston Marathon bombing, the future of Obamacare and even his political relevance in a wide-ranging press conference 100 days into his second term.
Obama also made a passionate promise to try again to close the notorious Guantanamo Bay prison.
The president delivered an unprompted tribute to Jason Collins, the first openly gay active NBA player, calling him “a terrific young man” and a “role model” for gay youth who may be struggling.
(you can read the rest of this dreck if you want to go there, but I ain't holding your hat and coat.)
Posted by: mallfly at April 30, 2013 09:22 AM (bJm7W)
Posted by: Caustic at April 30, 2013 09:22 AM (/b8+5)
It must be a country club. Saw the bombers mom on tv news saying "why didn't you send them to Guantanamo?"
Posted by: Caustic at April 30, 2013 09:23 AM (/b8+5)
This fantasy ran wild four years ago. Obama is “probably the smartest guy ever to become president,” the presidential historian Michael Beschloss announced shortly after the November election. The then-candidate’s Philadelphia address on race and Jeremiah Wright was “as great a speech as ever given by a presidential candidate,” a group of progressive luminaries declared in The Nation. Obama’s “Dreams From My Father” is quite possibly “the best-written memoir ever produced by an American politician,” Time Magazine’s Joe Klein declared. “He is not the Word made flesh,” Ezra Klein wrote of Obama’s rhetoric in The American Prospect, “but the triumph of word over flesh, over color, over despair.”
(douthat professor gingrich-vs-professor obama in the NYSlimes)
Posted by: mallfly at April 30, 2013 09:26 AM (bJm7W)
Posted by: Catmman at April 30, 2013 09:29 AM (C8XlI)
“For the 85-90 percent of Americans who already have health insurance, they’re already experiencing most of the benefits,” Obama said.
(My rates are going up again... hurrah!)
Posted by: mallfly at April 30, 2013 09:43 AM (bJm7W)
Posted by: PJ at April 30, 2013 10:25 AM (ZWaLo)
Posted by: Bill H at April 30, 2013 10:26 AM (3sZO1)
Posted by: Chairman LMAO at April 30, 2013 10:28 AM (9eDbm)
Posted by: Bill H at April 30, 2013 10:31 AM (3sZO1)
Posted by: jb at April 30, 2013 10:44 AM (fj15U)
Posted by: MTF at April 30, 2013 01:02 PM (+GpbP)
Gotta love it! More proof that if we simply allowed the market to work more freely more problems would be solved more quickly at lower net cost.
Hat tip to visiting Canuck; heck yes, we should also be encouraging production in Alberta (and anywhere else in Canada the locals wish).
Best Regards,
Posted by: CAPT Mike at April 30, 2013 06:42 PM (65fud)
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Posted by: garrett at April 30, 2013 08:08 AM (Fc+pi)