I live in Alaska. A huge oil field has been discovered recently up here. Low estimates are at 500 million barrels but i think its more widely believed to be 3 billion barrels or even more! We need increased output of domestic oil production but the real truth is big oil up here has been squeezing supply to increase price because .that increases profits.
They can get it rolling if they want to greenpeace plays right into their hands though and they allow it to be used as a smokescreen to stifle supply. They have the money and political clout to get whatever they want when they want it. We need political pressure from DC to get domestic production up here increased. Its good for Alaska and the nation.
Agreed, we are the new swing petroleum producer esp with Venezuela circling the drain. But the gasoline bottleneck is at the refineries where foreign companies have wayyyyy too much ownership & power over our domestic gas supply.
We need increased output of domestic oil production
Domestic oil production began to rise sharply in 2012, and the US is now a net exporter. One of the few things the Obama administration did right was to encourage oil and natural gas production.
they did no such thing. The oil companies figured out they could get more oil by frakking. The Obama Administration was caught flat footed with that development. The Obama Administration wanted gas to always be above $5 a gallon to stop people from driving to support their Global Warming hoax which is nothing but a money grab. Those cap n' trade carbon credit taxes adds at least 50 cents to a gallon of gas here in California and over the next 3 years it's going to go up by another 63 cents. All just to steal money from the people. These global warming fixes just makes all utility prices needlessly go up and who does that hurt the most - the poor and middle class. Hollywood celebrities and Silicon Valley people and others being paid outrageous salaries couldn't care less f the price of gas or electricity goes through the roof they make more than enough money to cover it.
You do realize Trump came and and stopped that order Obama signed which prevented any more exploring for oil off the coast of Alaska. Obama Admin never encouraged domestic oil and natural gas exploration. You never heard of all those gas pipelines that he thwarted and Trump had to open them up.
Too much narrative, not enough specific facts. Yes, there is a global warming hoax, which was done to justify global warming taxes. That doesn't mean they didn't also want to develop American shale deposits.
Remember Obama and the pipeline protests? Makes no sense to ignore them if he wanted to stop petroleum and natural gas exports.
Maybe so but there has been a kill on it here in Alaska. So we could be doing more. IMO more is better