Wednesday, January 30, 2013

Energy Production Huge in United States : Obama Says --?

Who knew? This is something that has been known for a decade or more but the media didn't want to acknowledge it as the media is completely in the tank for the progressive liberal socialists that believes large energy resources are bad as they produce prosperity. 

Democrats demanding 'renewable' energy sources to produce all of energy needs for now and the future, really don't care if it's workable or not.  The problem with this thinking is that it's nonsense, a total fabrication of reality, but it's the new norm of bring the United States to it's collective knees as we have stolen the world's resources for the past two hundred years and now we have to suffer for it.

Just one example, coal produces more the 40% of all our energy needs right now, but the Obama regime has attacked the coal industry forcing more then 6000 out of their jobs. As a result, we are all paying more for energy and will pay much more in the future.

Obama understands this and likes it as he sees this as a good way to drive down peoples opportunity to prosper and thereby gain more control of the population. Mr Obama will not allow the XL pipe line, no new nuclear power plants, no drilling off our coasts, no new refineries and he will fight any expansion of 'fracking' of natural gas or oil as expanding fossil energy would to such an extent would grow the economy and give the citizens prosperity.

Prosperity, for the general population, is totally unacceptable. Progressive Socialism does not accept prosperity as a way of life.

United States Could Become the World's Largest Energy Producer
January 30, 2013
Source: Anthony Fenson, "America: The Next Energy Superpower?" The Diplomat, January 23, 2013.

America's growing energy production will have global impacts. Indeed, based on the evidence, the United States could become the world's largest energy producer within the next 20 years, says Anthony Fenson, a writer for The Diplomat.
  • Oil and gas company BP has estimated that due to unconventional sources the United States could be essentially self-sufficient by 2030 due in large part to the shale gas revolution.
  • The United States could become a liquefied natural gas (LNG) exporter as early as 2016, according to the U.S. Energy Information Administration.
  • BP expects that as the world population reaches a projected 8.3 billion people by 2030 and real income rises significantly, an additional 1.3 billion people will require energy. This will result in a 36 percent higher demand, with 93 percent of this increase originating from developing nations.
Future U.S. gas exports could have a substantial impact on the Asia-Pacific region, which currently imports much of its gas from Australia. Rapid Chinese and Indian growth will require significant energy imports to satisfy domestic demand in the future.
  • BP reports that by 2030 approximately 99 percent of America's energy needs will be met at home, compared with only 70 percent in 2005.
  • The U.S. shale gas boom has already lowered household energy bills by an estimated $1,000 per year and has triggered new industrial investments that have boosted the manufacturing sector.
  • Natural gas-fired power plants produce half as many emissions and will be necessary to reduce the impacts of the predicted heavy fossil fuel use that will likely lead to a forecasted 26 percent rise in carbon dioxide emissions by 2030.
  • BP expects oil, gas and coal to comprise roughly one-quarter of the global energy market while non-fossil fuels like nuclear, hydro and renewables will make up approximately 7 percent of the market each.
Global energy production will continue to rise each year. Renewables will grow an anticipated 7.6 percent a year, fossil fuels at an estimated 2 percent per year, nuclear power by 2.6 percent a year and coal at 1.2 percent a year. With large oil reserves, increased production of biofuels and growing natural gas from shales, the United States is in an excellent position to remain an energy superpower for the foreseeable future.

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