"Yikes! I Might Be...Militia!"
While the estimated number of U.S. oil and natural gas wells and dry holes completed in 2009 – 39,068 — was 37 percent lower than 2008, according to officials at the American Petroleum Institute, there is some good news in the Oil Patch.
Fourth-quarter totals of 10,609 completions were 19 percent higher than the third quarter, [...]
Domestic Drilling Activity Drops 37 Percent in 2009
January 14th, 2010 · No Comments
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‘Drill, baby, drill!’ Rock ‘n’ Roll Quality Demands It
November 11th, 2009 · No Comments
According to the folks at Overthinkingit.com, the decline in U.S. oil production is explained by the Hubbert Peak Theory, which states that “the amount of oil under the ground in any region is finite, therefore the rate of discovery which initially increases quickly must reach a maximum and decline.” Makes sense, right? Further, [...]
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Chevron to Set Records with State-of-the-Art Ship
August 14th, 2009 · No Comments
Almost nine months ago, I published a post about an offshore drilling record being set in the Gulf of Mexico. Today, thanks to a heads up from Jane Van Ryan at the American Petroleum Institute, I bring news of the Discoverer Clear Leader, a new state-of-the-art vessel is capable of drilling wells in 12,000 feet [...]
Tags: · american petroleum institute, api, chevron, chevron corporation, discoverer clear leader, drill congress, drilling, drilling wells, energy tomorrow, gulf of mexico, offshore drilling, shell, shell oil, state-of-the-art vessel
2009 Energy Bill Will Punish Oil Consumers
June 8th, 2009 · No Comments
American Petroleum Institute President Jack Gerard issued back-to-back statements today related to the American Clean Energy and Security Act of 2009.
About the Congressional Budget Office cost estimate on the measure, Gerard said the following:
“The study confirms the bill discriminates against ordinary Americans who depend on cars, trucks, trains and airplanes and will [...]
Tags: · american clean energy and security act of 2008, american petroleum institute, api, api president jack gerard, cbo, cbo cost estimate, Clean Energy, congressional budget office, drilling, Energy, energy security, fuel prices, gulf of mexico, Jack Gerard, job killer, jobs, moratoria, offshore drilling, Senate, senate energy and natural resources, senate energy and natural resources committee
‘Environmental Radicals’ Obama’s Achilles Heel
May 14th, 2009 · No Comments
President Barack Obama has put America into the hands of “environmental radicals.” It is only a matter of time before “his vast popularity runs aground on his energy policies,” according to Jon Basil Utley, writing in a Reason magazine column.
“In the name of saving the planet from global warming, [Obama] has delayed new oil drilling, [...]
Tags: · Barack Obama, drilling, energy policies, environmental radicals, Global Warming and Climate Change, high-tech drilling, horizontal fraccing, jon basil utley, natural gas, Obama, president barack obama, president obama, reason, renewable energy, stimulus, utley
