Posted by
thekeenobserver on Thursday, October 01, 2009 6:17:22 PM
Dust off those bicycles! Saddle them horses. That's right everybody...we're running out of oil!
Or are we?
But if the world is running out, how is it that drillers keep finding more crude everyday; and in places all over ther globe?
-Occidental Petroleum recently struck a "gusher" in Kern County, California; experts estimate the find could turn out to be a bonanza of 1 billion barrels, located in the petroleum-rich San Jaoquin Basin.
-British Petroleum announced a "giant oil discovery" in the western gulf (of Mexico). BP's chief of exploration, Michael Daly, termed it "very significant" with an estimated 4 billion to 6 billion barrels of oil in deep water.
-Anadarko Energy, a US mid-size producer, announced it had found a whole new oil basin stretching 1100 km from the coast of Ghana to Sierra Leone .
-The Brazilian government-run oil firm, Petrobras, announced their new "ultra-deep" Tupi field off the coast of Sao Paulo, holding as much as eight billion barrels of recoverable light crude. With this discovery, plus a string of others in the Santos Basin, Brazil may possess reserves in the 50-billion-barrel range - the seventh or eighth largest capacity in the world.
But to liberals everywhere, this presents a horrible-horrible conundrum! For them, it's back to the drawing board: apparently, we CAN drill our way out! But will they ever admit it - or permit it?
More than 200 large crude oil discoveries have been reported so far this year in dozens of countries around the world. According to Cambridge Energy Research Associates (Cambridge, Massachusetts) 2009 could be the most productive oil discovery year since 2000.
But as some parts of world's economies (Brazil- West Africa- China) are flourishing, what are we experiencing in the world's richest country? -good ol' all-American stagflation!
ITEM: The U.S. will lend billions of dollars to Brazil's state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery at its Tupi oil field. Brazil's planning minister confirmed that White House National Security Adviser, James Jones, will meet with Brazilian officials to discuss the loan.
ITEM: China’s top refineries are expected to raise their crude oil processing up to a record high as new facilities are brought online.
ITEM: China will have added some 900,000 barrels/day of new refining capacity this year, to feed a recovering economy - cashing in on a margin-protected fuel-price commodities' strategy
ITEM: The state-run Chinese oil giant, Sinopec Corp. finalized a $2 billion pact to develop Iran’s huge Yadavaran oilfield - part of Beijing’s plan to help ensure a stable, secure supply of oil for the world’s second-largest consumer.
So let's see here...The ENTIRE world is moving fast-forward with fossil fuel energy development - except for the richest country in the world...America.
But who cares? Let those silly countries waste their time and money drilling for oil and building new refineries; things are just peachy for all us Americans - the wealthiest people in the world.
Our liberal-controlled Congress continues to place most of the Outer Continental Shelf, the Arctic, the oil-rich fields in the Alaskan Chukchi Sea, as well as ANWR; and the shale-rich Rocky Mountain West -OFF-limits!
Certainly our wonderful, forthright Congresspeople MUST know something all those stupid other countries don't know.
And what about Mr. Obama? He embraces offshore drilling in Brazil, yet forbids the U.S. to explore in Alaska or along our East and West Coasts, which may be our equivalent of Brazil's giant Tupi oil field.
But why? Surely he must have some real slick trick up his sleeve...and we sure would like to find out!
Yup; it's still a free country, we Americans have a right to wonder why Obama is willing to underwrite Brazilian oil exploration, yet condemns a similar policy at home. Maybe it has something to do with their offshore oil being cleaner than that dirty stuff we've been known to spill every once in a while - like back in '69 at Santa Barbara.
Surely Mr. Obama and those nice liberals in Congress must know what they're doing - stopping us from drilling our own prodigious oil reserves.
But perhaps we should - like little elementary schoolers - write Mr. Obama a letter, asking him WHY he's trying to prevent we Americans from the benefits of an estimated two million oil-exploration/refinery jobs, much lower gasoline prices; plus a booming economy.
So boys and girls, let's take out our pens and write letters to our wonderful President!
Dear Mr. Obama:
My Dad used to work up in Houston, and I heard him tell Mom he used to make between $70 and 80 thousand a year. But now, he's not been working lately, and we might have to move from Texas. My Dad says its because we are not allowed to drill for oil.
A friend of my Dad works out of state during the week and comes back on the weekends to be with his family; and he says its terrible for all of them, but their mom said she won't move the rest of them to where he works.
At school the teacher always tells our class that America is the richest country in the world. But my Dad is poor, my Uncle Bill just lost his job, and a lot of my school friends are always asking me for money at lunchtime, because their fathers are also out of work.
Gee, Mr. Obama, can't you do something? You are such a good president. I have a hard time believing what my Dad and Uncle keep saying about you; that you are are big liar and a socialist, and deliberately want to keep people out of work so they must depend on the government, and will have to vote for you again.
Please help my Dad and my family Mr. Obama. Please make it possible for him to go back to where he used to work up in Houston as an oil engineer. He was happy then, and not real mad all the time and fighting with my Mom.
And I think a lot of the other fathers of the kids I go to school with would also be happier if they had jobs, instead of being on welfare, and having to pretend nothing is wrong.
Good luck to you Mr. Obama. Please help everyone in our great country. I know you will do your best for America.
signed:
A sixth grader from Hardtown, Texas