Oil rig sunk in Gulf, Major disaster looms...Obama's offshore drilling?

This is just an idea for users to bounce around their minds here at ATS:

We all know Lord Obama has a plan to acquire new rights for off shore drilling.
Offshore Drilling
[atsimg]http://files.abovetopsecret.com/images/member/c8332f0d76c6.png[/atsimg]
I love how the caption says maritime borders. But, that's a whole other conspiracy.
Ok, so he "says" we can drill offshore now, supposedly, and that there's billions of barrels in the Gulf of Mexico.

The eastern Gulf of Mexico tract that would be offered for lease is adjacent to an area that already contains thousands of wells and hundreds of drilling platforms. The eastern Gulf area is believed to contain as much as 3.5 billion barrels of oil and 17 trillion cubic feet of gas, the richest single tract that would be open to drilling under the Obama plan.

NY Times Source

Now, isn't it mighty convenient that, all the sudden, there's a HUGE explosion off shore.
[atsimg]http://files.abovetopsecret.com/images/member/d31b48a2e211.jpg[/atsimg]

There has been accidents before, just not as huge.

An MMS review published last year found 41 deaths and 302 injuries out of 1,443 oil-rig accidents from 2001 to 2007. An analysis of the accidents found a lack of communication between the operator and contractors, a lack of written procedures, a failure to enforce existing procedures and other problems.

CBS News Source

So it's not the first time this has happened, just an accident...

With this must oil heading towards the coast, it will send economic shivers down the spine of the USSA.
With another disruption headed towards our economy, they will blame alot on this.
Higher oil prices are coming...

I see all too much with this new disaster.
One, being the end to off shore drilling now.
Two, a new way to artificially inflate oil prices.
Three, the US produces 5.4 million barrels a day in oil.
Source
So how is that going to affect the USA?
Well it depends on how much oil we get from Saudi Arabia...(OPEC)
But we got alot from ourselves...but, why do we export it? Seems to me we need it!

Approximately 40% of America's oil comes from domestic oil fields in states like Texas, Alaska, and California. Some of this oil is actually sold to other countries, such as Japan. The other 60% of the US oil supply is from foreign sources. Contrary to popular belief, however, the US has very diverse oil interests all over the world, and receives oil and petroleum products from almost every continent on Earth. This diversity within the US oil supply allows allows for the manufacture of a wide range of petroleum products, using crude oil of various chemical makeups.

Where does all the US oil supply come from?

According to the US Energy Information Administration:

The top five exporting countries accounted for 67 percent of United States crude oil imports in January while the top ten sources accounted for approximately 90 percent of all U.S. crude oil imports.
The top five sources of US crude oil imports for January were:
Canada (1.882 million barrels per day)
Mexico (1.033 million barrels per day)
Nigeria (0.996 million barrels per day)
Saudi Arabia (0.958 million barrels per day)
Venezuela (0.827 million barrels per day).
The rest of the top ten sources, in order, were:
Iraq (0.506 million barrels per day)
Algeria (0.327) million barrels per day)
Colombia (0.293 million barrels per day)
Brazil (0.271 million barrels per day)
Angola (0.268 million barrels per day).
Total crude oil imports averaged 8.454 million barrels per day in January, which is an increase of 0.321 million barrels per day from December 2009.

EIA Datasheet

WE IMPORT 90% of the oil we use!
90%!
Let me say that again! 90%!
Where do we put our own oil?
According to the earlier statement, we produce 5.4 million barrels a day.
So what we produce we put right back into the system...
Just not OUR system. This should get your blood flowing by now!

So this shouldn't affect too much, economically...

I wonder what will be made of this disaster and what will happen to our oil drilling?
Will this deter any more thoughts about offshore drilling?
Will this raise oil prices again, just in time for Summer?

Watch the coming prices of oil fluctuate...




Just some more fun facts about our oil.
Oil Consumption in North America
Crude Oil production
Facts about oil, gas and the
ocean environment
Crude Oil and Total Petroleum Imports Top 15 Countries by the USA

Now take into account supposed unrest in Mexico and we have a problem Houston.

2nd line...Mexico was top of the list.

China just invested in Canada's Oil Sands a month or two ago.

[edit on 29-4-2010 by whiteraven]

Hate to break it to some of you...but if you want countries to trade with you, you must trade with them.

Also, if a corporation/country can sell oil to group A for 50 dollars, and buy it from group B for 40 dollars...why not?

Thats the reasoning I see behind the "we import/export/consume this amount" discussion.

This is a complete and utter disaster. And the Obama administration and many other Americans want to increase drilling in the ocean? Yeah bright idea. As usual other countries have put into place safety regulations that would have prevented this disaster but the US and BP didn't have those same regulations. I mean this is utter irresponsiblity on BP's part. IF you're going to be drilling in the ocean you should have 4 or 6 or 7 fail safe mechanisms.......as many as needed so things like this don't happen. No is held accountable anymore. Meanwhile LA and many other coasts, wildlife and ocean animals and plant life will be destroyed. Ridiculous in this day and age where we are spending $600 billion on a defense industry that the environment takes a back seat.

The sad thing is, this is not about off shore drilling, it is about our dependence on oil.

Why is it, that only the US has such an issue over this, but consumes more oil than just about rest of the world.

I'ts ok to trash other countries because of our consumption, then cry foul when something like this happens?

Yes, sadly this will affect us in a horrible way, due to our own greed.

I hope people realize that these rigs are off our coast, in international waters.

I have several relatives who work on rigs that live in Louisiana. If they didn't, the economy in that state would be really bad!

I am on the coast of Mississippi right now, and am awaiting this oils arrival. It's going to suck big time.......but, once again only goes to show that we are greedy, and that other alternatives to oil are needed!

Originally posted by whiteraven
Now take into account supposed unrest in Mexico and we have a problem Houston.

China just invested in Canada's Oil Sands a month or two ago.

How convenient? Right?

Originally posted by FritosBBQTwist
Hate to break it to some of you...but if you want countries to trade with you, you must trade with them.

No I understand the trade deals.
We buy 10x more Chinese goods than any other country but yet we need to buy everyone else's oil too? Pfft.
COME ON! We should be able to use the oil we produce.
I don't understand why we import 90% the oil we use.
Why can't we depend on ourselves...?
Oh wait. NAFTA changed all that.

Originally posted by Zosynspiracy
Ridiculous in this day and age where we are spending $600 billion on a defense industry that the environment takes a back seat.

Beautifully said and I agree 100%.

Too bad we don't use 100% of our own oil.

Originally posted by Blanca Rose
I am on the coast of Mississippi right now, and am awaiting this oils arrival. It's going to suck big time.......but, once again only goes to show that we are greedy, and that other alternatives to oil are needed!

Please keep me posted, because I see a bad situation a brewin'.



Somethings wrong here, because even if we did our own offshore drilling...
I don't see an end to us importing 90% of the oil we use.

But, time will tell if this disaster affects our ability to drill our own waters.

State of Emergency declared.
www.wwltv.com...

I find it hard to believe that Obama goes against the environmentalists and says that he will allow off shore drilling and then an oil platform just happens to blow up. Coincidence? I think not. Combine this with a coal mine explosion where the mine checked safe for explosive gasses at the previous shift change. Something stinks to high heaven here.

I hope I have posted this correctly. I believe the link below should take
you right to the source. If it doesn't, then you will have to go to the copy
and paste thing. And I apologize if this is old news. I am still learning the
ropes of ATS.

OIL - you better sit down - Here's an interesting read, important and verifiable information :

About 6 months ago, the writer was watching a news program on oil and
one of the Forbes Bros. was the guest. The host said to Forbes, "I am going to ask you a direct question and I would like a direct answer; how much oil does the U.S. Have in the ground?" Forbes did not miss a beat, he said, "more than all the Middle East put together." Please read below.

The U. S. Geological Service issued a report in April 2008 that only
Scientists and oil men knew was coming, but man was it big. It was a
revised report (hadn't been updated since 1995) on how much oil was in
this area of the western 2/3 of North Dakota , western South Dakota , and extreme eastern Montana ..... Check THIS out:

The Bakken is the largest domestic oil discovery since Alaska 's Prudhoe
Bay, and has the potential to eliminate all American dependence on foreign
oil. The Energy Information Administration (EIA) estimates it at 503 billion
barrels. Even if just 10% of the oil is recoverable... At $107 a barrel,
we're looking at a resource base worth more than $5..3 trillion.

"When I first briefed legislators on this, you could practically see
their jaws hit the floor. They had no idea.." says Terry Johnson, the Montana Legislature's financial analyst.

"This sizable find is now the highest-producing onshore oil field found
in the past 56 years," reports The Pittsburgh Post Gazette. It's a
formation known as the Williston Basin , but is more commonly referred to as the
'Bakken.' It stretches from Northern Montana, through North Dakota and
into Canada .. For years, U. S. Oil exploration has been considered a dead
end. Even the 'Big Oil' companies gave up searching for major oil wells
decades ago. However, a recent technological breakthrough has opened
the Bakken's massive reserves.... And we now have access of up to 500
billion barrels. And because this is light, sweet oil, those billions of barrels
will cost Americans just $16 PER BARREL!

That's enough crude to fully fuel the American economy for 2041 years
straight. And if THAT didn't throw you on the floor, then this next one
should - because it's from 2006!

U. S. Oil Discovery- Largest Reserve in the World

Stansberry Report Online - 4/20/2006

Hidden 1,000 feet beneath the surface of the Rocky Mountains lies the
largest untapped oil reserve in the world. It is more than 2 TRILLION
barrels. On August 8, 2005 President Bush mandated its extraction. In
three and a half years of high oil prices none has been extracted. With this
motherload of oil why are we still fighting over off-shore drilling?

They reported this stunning news: We have more oil inside our borders,
than all the other proven reserves on earth. Here are the official estimates:

- 8-times as much oil as Saudi Arabia

- 18-times as much oil as Iraq

- 21-times as much oil as Kuwait

- 22-times as much oil as Iran

- 500-times as much oil as Yemen

- and it's all right here in the Western United States .

HOW can this BE? HOW can we NOT BE extracting this? Because the
environmentalists and others have blocked all efforts to help America
become independent of foreign oil ! Again, we are letting a small group of
people dictate our lives and our economy....WHY?

James Bartis, lead researcher with the study says we've got more oil in
this very compact area than the entire Middle East -more than 2 TRILLION
barrels untapped. That's more than all the proven oil reserves of crude oil in the world today, reports The Denver Post.

Don't think 'OPEC' will drop its price - even with this find? Think again!
It's all about the competitive marketplace, - it has to. Think OPEC just
might be funding the environmentalists?

Got your attention yet?

By the way...this is all true. Check it out at the link below!!!

GOOGLE it, or follow this link. It will blow your mind.

www.usgs.gov...

The oil may hit land tonight
www.wwltv.com...

This smells of big time war...economic war.

WTF is going on?

We are in a fog...the second rig is down as well now.

Art of War...Deception.

Hey i am a writer...poet...here is a lame off the cuff slam
lol Not a hypothesis...
just uh weirdness...
we just bombed the moon three times i think..India...Us...China....

Big oil leaks.....

Goldman inquisition.

Obama bows like Nixon.

This is sort of a high plains peyote poem.

Nothing more and a whole lot less.

And if you can make sense of this...

Then like Nicodemus you passed the test.




lol...that is one lame ass rip...but whatever...baby is sleeping...8 year old is doing her math and I gotta finish this bottle of cheap Merlot.

[edit on 30-4-2010 by whiteraven]

I am bumping this thread because of the response posted by endtimer.

That is an incredible quote, coming from a decent source.

3 to 4.3 Billion Barrels of Technically Recoverable Oil Assessed in North Dakota and Montana’s Bakken Formation—25 Times More Than 1995 Estimate


People. We need to put this country back together again.