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PROOF: Obama IS the end of the free world
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isobars



Joined: 12 Dec 1999
Posts: 13998

PostPosted: Mon Nov 12, 2012 1:25 pm    Post subject: Reply with quote

coboardhead wrote:
I'll respond to Iso's post (since it did not contain one insult directed at me or my wife)


I almost always post facts and direct observations, not insults. If those facts and observations offend someone, perhaps they should examine what they've posted. I suspect you'd have an extremely difficult time finding a post in which I've insulted* you (or especially your wife, whom we know only through what you've posted about her).

* Caveat: IMO, the term "insult" does not include factual statements at which someone takes offense. That's the offendee's problem, like Muslims taking offense at Christmas trees in Kansas.
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mac



Joined: 07 Mar 1999
Posts: 5090

PostPosted: Mon Nov 12, 2012 1:28 pm    Post subject: Reply with quote

Another missive from one afflicted with reality deficit disorder:\

Quote:
I almost always post facts and direct observations, not insults
.
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swchandler



Joined: 08 Nov 1993
Posts: 5746

PostPosted: Mon Nov 12, 2012 1:54 pm    Post subject: Reply with quote

isobars must have forgot how many times out of the blue he has attempted to insult coboardhead about the issue of being unemployed in California. You know, I haven't. Oh, and there's the insults about the solar energy system that coboardhead installed. isobars has proven beyond a shadow of doubt that he will never admit to being rude and untoward in his commentary here. His dishonesty is so patent.
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pueno



Joined: 03 Mar 2007
Posts: 2619

PostPosted: Mon Nov 12, 2012 4:03 pm    Post subject: The United States . . . the world's top oil producer by 2017 Reply with quote

For all those idiots who claim that Obama is cutting oil production (think Iso, matty, Mr. G, nw, Fox, Drudge, Limbaugh, Sarah Palin, Michele Bachman)...

____

Quote:

LONDON (Reuters) - The United States will overtake Saudi Arabia and Russia as the world's top oil producer by 2017, the West's energy agency said on Monday, predicting Washington will come very close to achieving a previously unthinkable energy self-sufficiency.

The forecasts by the International Energy Agency (IEA), which advises large industrialized nations on energy policy, were in sharp contrast to previous IEA reports, which saw Saudi Arabia remaining the top producer until 2035.

"Energy developments in the United States are profound and their effect will be felt well beyond North America - and the energy sector," the IEA said in its annual long-term report, giving one of the most optimistic forecasts for U.S. energy production growth to date.

"The recent rebound in U.S. oil and gas production, driven by upstream technologies that are unlocking light tight oil and shale gas resources, is spurring economic activity - with less expensive gas and electricity prices giving industry a competitive edge," it added.

The IEA said it saw a continued fall in U.S. oil imports with North America becoming a net oil exporter by around 2030 and the United States becoming almost self-sufficient in energy by 2035.

"The United States, which currently imports around 20 percent of its total energy needs, becomes all but self-sufficient in net terms - a dramatic reversal of the trend seen in most other energy importing countries," it said.

IEA Chief Economist Fatih Birol told a news conference in London he believed the United States would overtake Russia as the biggest gas producer by a significant margin by 2015. By 2017, it would become the world's largest oil producer, he said.

The United States will rely more on natural gas than either oil or coal by 2035 as cheap domestic supply boosts demand among industry and power generators, the IEA said.

LIMITED KNOWLEDGE

Birol said he realized how optimistic the IEA forecasts were given that the shale oil boom was a relatively new phenomenon.

"Light, tight oil resources are poorly known ... If no new resources are discovered (after 2020) and plus, if the prices are not as high as today, then we may see Saudi Arabia coming back and being the first producer again," he said.

The IEA said it saw U.S. oil production rising to 10 million barrels per day (bpd) by 2015 and 11.1 million bpd in 2020 before slipping to 9.2 million bpd by 2035.

Saudi Arabian oil output would be 10.9 million bpd by 2015, the IEA said, 10.6 million bpd in 2020 but would rise to 12.3 million bpd by 2035.

That would see the world relying increasingly on OPEC after 2020 as, in addition to increases from Saudi Arabia, Iraq will account for 45 percent of the growth in global oil production to 2035 and become the second-largest exporter, overtaking Russia.

OPEC's share of world oil production will rise to 48 percent from 42 percent now.

Russian oil output, which over the past decade has been steadily above Saudi Arabia, is predicted to stay flat at over 10 million bpd until 2020, when it will start to decline to reach just above 9 million bpd by 2035.

"Russia, which remains the largest individual energy exporter throughout the period, sees its revenues from oil, natural gas and coal exports rise from $380 billion in 2011 to $410 billion in 2035," the IEA said.

The U.S. oil boom would accelerate a switch in the direction of international oil trade, the IEA said, predicting that by 2035 almost 90 percent of oil from the Middle East would be drawn to Asia.

ENERGY DEMAND GROWS BY THIRD

The report assumes a huge expansion in the Chinese economy, which it saw overtaking the United States in purchasing power parity soon after 2015 and by 2020 using market exchange rates. Chinese real gross domestic product is expected to increase by 5.7 percent annually between 2011 and 2035.

A rise of 1.8 billion in the world's population to 8.6 billion would lead to a spike in global oil demand by more than a 10th to over 99 million bpd by 2035, keeping pressure on oil prices, the IEA said.

The agency's central "New Policies" scenario, which assumes a range of measures are taken to curb oil consumption in Europe, the United States, China and elsewhere, sees the average import cost of oil rise to just over $215 per barrel by 2035 in nominal terms, or $125 in 2011 terms.

If fewer steps are taken to promote renewable energy and curb carbon dioxide emissions, oil was likely to exceed $250 per barrel in nominal terms by 2035 and reach $145 in real terms -- almost level with the record highs seen four years ago.

The share of coal in primary energy demand will fall only slightly by 2035.

Fossil fuels in general will remain dominant in the global energy mix, supported by subsidies that, in 2011, jumped by almost 30 percent to $523 billion, due mainly to increases in the Middle East and North Africa.

(Reporting by Dmitry Zhdannikov, Peg Mackey and Christopher Johnson; Writing by Dmitry Zhdannikov; Editing by Christopher Johnson)
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isobars



Joined: 12 Dec 1999
Posts: 13998

PostPosted: Mon Nov 12, 2012 5:47 pm    Post subject: Reply with quote

My jaw dropped at the results of recent polls from many sources: Roughly half of Americans, especially its youth and blacks, have been brainwashed into favoring socialism over capitalism. That incredibly ignorant belief, translated into votes and action, will destroy this country, and you liberals carry a huge and undeniable share of the blame.
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coboardhead



Joined: 26 Oct 2009
Posts: 1922

PostPosted: Mon Nov 12, 2012 6:05 pm    Post subject: Re: The United States . . . the world's top oil producer by 2017 Reply with quote

pueno wrote:
For all those idiots who claim that Obama is cutting oil production (think Iso, matty, Mr. G, nw, Fox, Drudge, Limbaugh, Sarah Palin, Michele Bachman)...

____

Quote:

LONDON (Reuters) - The United States will overtake Saudi Arabia and Russia as the world's top oil producer by 2017, the West's energy agency said on Monday, predicting Washington will come very close to achieving a previously unthinkable energy self-sufficiency.

The forecasts by the International Energy Agency (IEA), which advises large industrialized nations on energy policy, were in sharp contrast to previous IEA reports, which saw Saudi Arabia remaining the top producer until 2035.

"Energy developments in the United States are profound and their effect will be felt well beyond North America - and the energy sector," the IEA said in its annual long-term report, giving one of the most optimistic forecasts for U.S. energy production growth to date.

"The recent rebound in U.S. oil and gas production, driven by upstream technologies that are unlocking light tight oil and shale gas resources, is spurring economic activity - with less expensive gas and electricity prices giving industry a competitive edge," it added.

The IEA said it saw a continued fall in U.S. oil imports with North America becoming a net oil exporter by around 2030 and the United States becoming almost self-sufficient in energy by 2035.

"The United States, which currently imports around 20 percent of its total energy needs, becomes all but self-sufficient in net terms - a dramatic reversal of the trend seen in most other energy importing countries," it said.

IEA Chief Economist Fatih Birol told a news conference in London he believed the United States would overtake Russia as the biggest gas producer by a significant margin by 2015. By 2017, it would become the world's largest oil producer, he said.

The United States will rely more on natural gas than either oil or coal by 2035 as cheap domestic supply boosts demand among industry and power generators, the IEA said.

LIMITED KNOWLEDGE

Birol said he realized how optimistic the IEA forecasts were given that the shale oil boom was a relatively new phenomenon.

"Light, tight oil resources are poorly known ... If no new resources are discovered (after 2020) and plus, if the prices are not as high as today, then we may see Saudi Arabia coming back and being the first producer again," he said.

The IEA said it saw U.S. oil production rising to 10 million barrels per day (bpd) by 2015 and 11.1 million bpd in 2020 before slipping to 9.2 million bpd by 2035.

Saudi Arabian oil output would be 10.9 million bpd by 2015, the IEA said, 10.6 million bpd in 2020 but would rise to 12.3 million bpd by 2035.

That would see the world relying increasingly on OPEC after 2020 as, in addition to increases from Saudi Arabia, Iraq will account for 45 percent of the growth in global oil production to 2035 and become the second-largest exporter, overtaking Russia.

OPEC's share of world oil production will rise to 48 percent from 42 percent now.

Russian oil output, which over the past decade has been steadily above Saudi Arabia, is predicted to stay flat at over 10 million bpd until 2020, when it will start to decline to reach just above 9 million bpd by 2035.

"Russia, which remains the largest individual energy exporter throughout the period, sees its revenues from oil, natural gas and coal exports rise from $380 billion in 2011 to $410 billion in 2035," the IEA said.

The U.S. oil boom would accelerate a switch in the direction of international oil trade, the IEA said, predicting that by 2035 almost 90 percent of oil from the Middle East would be drawn to Asia.

ENERGY DEMAND GROWS BY THIRD

The report assumes a huge expansion in the Chinese economy, which it saw overtaking the United States in purchasing power parity soon after 2015 and by 2020 using market exchange rates. Chinese real gross domestic product is expected to increase by 5.7 percent annually between 2011 and 2035.

A rise of 1.8 billion in the world's population to 8.6 billion would lead to a spike in global oil demand by more than a 10th to over 99 million bpd by 2035, keeping pressure on oil prices, the IEA said.

The agency's central "New Policies" scenario, which assumes a range of measures are taken to curb oil consumption in Europe, the United States, China and elsewhere, sees the average import cost of oil rise to just over $215 per barrel by 2035 in nominal terms, or $125 in 2011 terms.

If fewer steps are taken to promote renewable energy and curb carbon dioxide emissions, oil was likely to exceed $250 per barrel in nominal terms by 2035 and reach $145 in real terms -- almost level with the record highs seen four years ago.

The share of coal in primary energy demand will fall only slightly by 2035.

Fossil fuels in general will remain dominant in the global energy mix, supported by subsidies that, in 2011, jumped by almost 30 percent to $523 billion, due mainly to increases in the Middle East and North Africa.

(Reporting by Dmitry Zhdannikov, Peg Mackey and Christopher Johnson; Writing by Dmitry Zhdannikov; Editing by Christopher Johnson)


A steel company, Nucor, has partnered directly with a natural gas company, Encana, here in Western Colorado to produce the energy used in the production of their product. This will allow the company to produce their product using more stable energy costs and is predicted to result in hundreds of jobs for both companies.

The natural gas boom could begin to stimulate other industries within our borders. Worth watching...
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swchandler



Joined: 08 Nov 1993
Posts: 5746

PostPosted: Mon Nov 12, 2012 6:07 pm    Post subject: Reply with quote

I guess it's time to pack up you bags and escape to that better country. I mean, why go down with the sinking ship? But of course, no matter what happens, isobars will stay here and continue to whine and complain about anything and everything, because he doesn't have the nerve to leave.
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windoggie



Joined: 22 Feb 2002
Posts: 2377

PostPosted: Mon Nov 12, 2012 6:16 pm    Post subject: Reply with quote

isobars wrote:
votes and action

Really! What would our Founding Fathers say? How DARE they vote or become active in their government!

_________________
/w\
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isobars



Joined: 12 Dec 1999
Posts: 13998

PostPosted: Wed Nov 14, 2012 3:13 pm    Post subject: Reply with quote

Honest people are still waiting for any proof of your accusation.

isobars wrote:
coboardhead wrote:
I'll respond to Iso's post (since it did not contain one insult directed at me or my wife)


I suspect you'd have an extremely difficult time finding a post in which I've insulted* you (or especially your wife, whom we know only through what you've posted about her).

* Caveat: IMO, the term "insult" does not include factual statements at which someone takes offense.
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swchandler



Joined: 08 Nov 1993
Posts: 5746

PostPosted: Wed Nov 14, 2012 3:40 pm    Post subject: Reply with quote

See next post.

Last edited by swchandler on Wed Nov 14, 2012 3:50 pm; edited 1 time in total
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