USA to be energy independent in 5-7 years - GoFuckYourself.com

slapass · 02-18-2013, 09:40 AM

"Mukesh Ambani, the billionaire chairman of Reliance Industries Ltd., said that the U.S.?s development of shale oil and gas will make the country energy independent as early as 2018."

http://www.bloomberg.com/news/2013-0...5-7-years.html

This is huge! The US imports $500 B worth of oil a year. The trade deficit would go away.

Countries that have trade surpluses tend to have higher real estate prices. Excess cash is slushing around and it goes for housing most consistently.

dyna mo · 02-18-2013, 09:42 AM

the only danger is our politicians fucking it all up.

Rochard · 02-18-2013, 09:57 AM

Everyone seems to think the only place in the world that has oil is the Middle East. Nothing could be further from the truth. Instead, oil is the ONLY thing that the Middle East has. Instead, the United States has been exploiting everyone else's oil.

We get most of our oil from Canada and Mexico. And we have lots of our own oil too.

Sly · 02-18-2013, 10:05 AM

Quote:

Originally Posted by Rochard

Everyone seems to think the only place in the world that has oil is the Middle East. Nothing could be further from the truth. Instead, oil is the ONLY thing that the Middle East has. Instead, the United States has been exploiting everyone else's oil.

We get most of our oil from Canada and Mexico. And we have lots of our own oil too.

And don't forget the importance of our refineries.

slapass · 02-18-2013, 10:07 AM

Quote:

Originally Posted by Sly

And don't forget the importance of our refineries.

I keep hearing that refineries are a big deal. Two just closed on the east coast. They could not make money.

Rochard - big oil near Bakersfield. You have an oil boom coming your way. I drove out to the North Dakota one and it is amazing.

http://www.nytimes.com/2013/02/03/ma...pagewanted=all

pornguy · 02-18-2013, 10:10 AM

It will never EVER happen.

2MuchMark · 02-18-2013, 10:11 AM

The US (and Canada) also have lots of untapped solar, wind, and nuclear energy too. Despite all the crap in the world, things are actually starting to look a little better in this area.

You know what would be a tremendous boost? The government(s) should stop giving tax breaks to the oil companies and start giving them out to other energy sectors to help them explore and grow. The carbon (oil) industry is already super profitable and tax breaks are not needed by them anymore. Money should be invested in cleaner energy (and not that "clean coal" bullshit).

dyna mo · 02-18-2013, 10:14 AM

there's been much discussion re: this since the iea released their report on this back in december.

one who disagrees:
http://energy.aol.com/2012/11/27/not...-independence/

The news that the US will become energy independent by 2017 is simply not a fact. For the US, energy independence is an unlikely goal. In fact, it could provide more harm than good.

slapass · 02-19-2013, 12:36 AM

Even getting close seems like a big deal to me.

slapass · 02-19-2013, 12:43 AM

I might be looking at some houses in Bakersfield.

PornDiscounts-V · 02-19-2013, 01:18 AM

If we stopped importing oil from Mexico we would just turn around and start giving them a 100% handout.

- Jesus Christ - · 02-19-2013, 01:32 AM

The bullshit is getting thicker to prop up the markets.

facialfreak · 02-19-2013, 02:10 AM

A large part of the US will be 500 meters lower than their current elevation in a few years time, once all the fracking sinkholes start opening up ...

The good thing about this is, with as much as 15% of the US gone subterranean, the cost of heating and cooling their homes will be much less!

ajrocks · 02-19-2013, 08:31 AM

If the US had spend the cost of the Iraq war on Energy dev you would already be enjoying being energy independent. Now you just have debt and Iraq is still a turd.

seeandsee · 02-19-2013, 08:33 AM

"there will be blood"

is good movie about oil lunatics siting with billions in their hands now ...

Grapesoda · 02-19-2013, 08:45 AM

Quote:

Originally Posted by Rochard

Everyone seems to think the only place in the world that has oil is the Middle East. Nothing could be further from the truth. Instead, oil is the ONLY thing that the Middle East has. Instead, the United States has been exploiting everyone else's oil.

We get most of our oil from Canada and Mexico. And we have lots of our own oil too.

yes but the prices are set in the middle east I think...

slapass · 02-19-2013, 08:57 AM

Quote:

Originally Posted by Grapesoda

yes but the prices are set in the middle east I think...

OPEC no longer sets the price.

AdultPornMasta · 02-19-2013, 08:59 AM

Quote:

Originally Posted by ajrocks

If the US had spend the cost of the Iraq war on Energy dev you would already be enjoying being energy independent. Now you just have debt and Iraq is still a turd.

100% correct!

02-18-2013, 09:40 AM	#1
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,622	USA to be energy independent in 5-7 years "Mukesh Ambani, the billionaire chairman of Reliance Industries Ltd., said that the U.S.?s development of shale oil and gas will make the country energy independent as early as 2018." http://www.bloomberg.com/news/2013-0...5-7-years.html This is huge! The US imports $500 B worth of oil a year. The trade deficit would go away. Countries that have trade surpluses tend to have higher real estate prices. Excess cash is slushing around and it goes for housing most consistently.

02-18-2013, 09:57 AM	#3
Rochard Jägermeister Test Pilot Industry Role: Join Date: Dec 2001 Location: NORCAL Posts: 73,456	Everyone seems to think the only place in the world that has oil is the Middle East. Nothing could be further from the truth. Instead, oil is the ONLY thing that the Middle East has. Instead, the United States has been exploiting everyone else's oil. We get most of our oil from Canada and Mexico. And we have lots of our own oil too. __________________ “The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL \| THE BEST ADULT MAILING SOLUTION

02-18-2013, 10:10 AM	#6
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	It will never EVER happen. __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

02-18-2013, 10:11 AM	#7
2MuchMark Videochat Solutions Industry Role: Join Date: Aug 2004 Location: Canada Posts: 48,956	The US (and Canada) also have lots of untapped solar, wind, and nuclear energy too. Despite all the crap in the world, things are actually starting to look a little better in this area. You know what would be a tremendous boost? The government(s) should stop giving tax breaks to the oil companies and start giving them out to other energy sectors to help them explore and grow. The carbon (oil) industry is already super profitable and tax breaks are not needed by them anymore. Money should be invested in cleaner energy (and not that "clean coal" bullshit). __________________ Custom Coding \| Videochat Solutions \| Age Verification \| IT Help & Support www.2Much.net

02-18-2013, 10:14 AM	#8
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 64,733	there's been much discussion re: this since the iea released their report on this back in december. one who disagrees: http://energy.aol.com/2012/11/27/not...-independence/ The news that the US will become energy independent by 2017 is simply not a fact. For the US, energy independence is an unlikely goal. In fact, it could provide more harm than good. Last edited by dyna mo; 02-18-2013 at 10:15 AM..

02-18-2013, 09:42 AM	#2
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 64,733	the only danger is our politicians fucking it all up.

02-19-2013, 12:36 AM	#9
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,622	Even getting close seems like a big deal to me.

02-19-2013, 12:43 AM	#10
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,622	I might be looking at some houses in Bakersfield.

02-19-2013, 01:18 AM	#11
PornDiscounts-V Confirmed User Industry Role: Join Date: Oct 2003 Location: L.A. Posts: 5,744	If we stopped importing oil from Mexico we would just turn around and start giving them a 100% handout.

02-19-2013, 01:32 AM	#12
- Jesus Christ - Confirmed User Industry Role: Join Date: Mar 2003 Location: ::::::::::::: :::::::::::\|\|::::::::::: :::::::::::\|\|::::::::::: :::::::::::\|\|::::::::::: :::::::::::\|\|::::::::::: :::::::::::\|\|::::::::::: ::::::\|\|\|\|\|\|\|\|\|\|\|\|:::::: :::::::::::\|\|::::::::::: :::::::::::\|\|::::::::::: :::::::::::::::::::::::: Posts: 7,197	The bullshit is getting thicker to prop up the markets. __________________ Amen

02-19-2013, 02:10 AM	#13
facialfreak Confirmed User Join Date: Feb 2005 Location: Montreal Posts: 3,018	A large part of the US will be 500 meters lower than their current elevation in a few years time, once all the fracking sinkholes start opening up ... The good thing about this is, with as much as 15% of the US gone subterranean, the cost of heating and cooling their homes will be much less! __________________ Managed Shared Hosting starting at $4.99/mo Managed VPS starting at $29.99/mo

02-19-2013, 08:31 AM	#14
ajrocks Confirmed User Join Date: Nov 2004 Location: On Uranus Posts: 4,526	If the US had spend the cost of the Iraq war on Energy dev you would already be enjoying being energy independent. Now you just have debt and Iraq is still a turd. __________________ SEO Strategy - Digital Strategy - Cannabis Lead Generation Skype aj.durden1

02-19-2013, 08:33 AM	#15
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	"there will be blood" is good movie about oil lunatics siting with billions in their hands now ... __________________ BUY MY SIG - 50$/Year Contact here