Obama will fix that, don't worry about it… David
On Oct 5, 2013, at 9:44 AM, [email protected] wrote: > > Time > > The U.S. Is an Energy Superpower > > New technologies have enabled the U.S. to become the world's top producer of > oil and natural gas by energy content. > > > > Read more: > http://science.time.com/2013/10/04/the-u-s-is-an-energy-superpower/#ixzz2grJS6V3F > > By Bryan Walsh @bryanrwalsh Oct. 04, 2013 > A new item by the Energy Information Administration (EIA) confirms what we’ve > been reporting for a while now: the U.S. is an energy superpower. The EIA > predicts that in 2013, the U.S. will be the world’s top producer of petroleum > and natural gas hydrocarbons, surpassing Russia and Saudi Arabia, as the > graph below shows: > > > > (MORE: An Energy Boom That Could Last) > > Not every hydrocarbon is equal—the U.S. produces about the same amount of > natural gas as it does petroleum, at least in terms of the BTUs of energy > those fuels can produce. Saudi Arabia, by contrast, produces nearly all > petroleum—and with oil running north of $100 a barrel and tradable around the > world, Saudi Arabia’s oil is more valuable than America’s gas, which can’t > easily be exported. > > But there’s no denying how astounding—and how real—America’s energy > revolution has been, as the EIA indicates: > > Since 2008, U.S. petroleum production has increased 7 quadrillion Btu, with > dramatic growth in Texas and North Dakota. Natural gas production has > increased by 3 quadrillion Btu over the same period, with much of this growth > coming from the eastern United States. Russia and Saudi Arabia each increased > their combined hydrocarbon output by about 1 quadrillion Btu over the past > five years. > > The main drivers behind that increase—aside from high energy prices, which > always encourage more drilling—are better hydrofracking and directional > drilling technologies, which have allowed energy companies to exploit oil and > natural gas resources in shale rock that were long considered uneconomical. > Fracking remains controversial—a new study from researchers at Duke > University found elevated levels of radium in a stream in Pennsylvania where > treated fracking wastewater had been discharged. (Industry advocates noted > that the shale gas industry hadn’t taken wastewater to the treatment plant in > question since May 2011.) > > But while environmentalists have managed to stop shale gas fracking in New > York, and may succeed in limiting it in California, there’s little evidence > that they’ll be able to halt the energy revolution altogether. During his > speech on climate change in June, Obama took time out to praise > “cleaner-burning natural gas” for reducing U.S. carbon emissions, and in > general his Administration hasn’t done much to slow the pace of shale gas and > oil development, at least on private land......... > > > > > -- > -- > Centroids: The Center of the Radical Centrist Community > <[email protected]> > Google Group: http://groups.google.com/group/RadicalCentrism > Radical Centrism website and blog: http://RadicalCentrism.org > > --- > You received this message because you are subscribed to the Google Groups > "Centroids: The Center of the Radical Centrist Community" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to [email protected]. > For more options, visit https://groups.google.com/groups/opt_out. -- -- Centroids: The Center of the Radical Centrist Community <[email protected]> Google Group: http://groups.google.com/group/RadicalCentrism Radical Centrism website and blog: http://RadicalCentrism.org --- You received this message because you are subscribed to the Google Groups "Centroids: The Center of the Radical Centrist Community" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/groups/opt_out.
