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Title: Bush lifts daddy's offshore drilling ban
Source: [None]
URL Source: [None]
Published: Jul 14, 2008
Author: CNBC
Post Date: 2008-07-14 13:42:58 by Jethro Tull
Keywords: None
Views: 227
Comments: 13

Even a blind pig finds an occasional acorn.

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Begin Trace Mode for Comment # 13.

#1. To: Jethro Tull (#0)

Even a blind pig finds an occasional acorn.

From what I understand, that only reverses the Executive insanity.

The Congressional insanity must be over turned as well. ;-)

Rotara  posted on  2008-07-14   13:45:34 ET  Reply   Untrace   Trace   Private Reply  


#2. To: Rotara (#1)

Ah....well, good move anyway. Let the nation know the gutless House and Senate choose to remain tied to OPEC, rather than try and become independent.

Jethro Tull  posted on  2008-07-14   13:48:36 ET  Reply   Untrace   Trace   Private Reply  


#8. To: Jethro Tull (#2)

Ah....well, good move anyway. Let the nation know the gutless House and Senate choose to remain tied to OPEC, rather than try and become independent.

In terms of domestic use, barely 10% of oil imported from the ME is used stateside. Oil from the ME goes to China, Japan, and EU primarily.

Stateside, Canada is our major "foreign" supplier of oil and natural gas.

We use 50% of our imports from Saudi Arabia to run our 2 imperial wars. No foreign wars, then there'd be little need for importing oil from Saudi Arabia or Iraq.

Check this handy dandy chart of domestic use of oil imports current as of Sept 2007.

middleeast.about.com/od/oilenergy/a/me070905e.htm

"It's a common misconception: The United States imports most of its foreign oil from the Middle East. Not quite. Not even close. As the table below indicates, dependence on oil from the Persian Gulf represents barely 10 percent of total domestic oil consumption, and most of that oil comes from Saudi Arabia and Iraq."

scrapper2  posted on  2008-07-14   15:46:36 ET  Reply   Untrace   Trace   Private Reply  


#9. To: scrapper2 (#8)

The US military oil consumption

by Sohbet Karbuz

The US Department of Defense (DoD) is the largest oil consuming government body in the US and in the world

“Military fuel consumption makes the Department of Defense the single largest consumer of petroleum in the U.S” [1]

“Military fuel consumption for aircraft, ships, ground vehicles and facilities makes the DoD the single largest consumer of petroleum in the U.S” [2]

According to the US Defense Energy Support Center Fact Book 2004, in Fiscal Year 2004, the US military fuel consumption increased to 144 million barrels. This is about 40 million barrels more than the average peacetime military usage.

By the way, 144 million barrels makes 395 000 barrels per day, almost as much as daily energy consumption of Greece.

The US military is the biggest purchaser of oil in the world.

In 1999 Almanac edition of the Defense Logistic Agency’s news magazine Dimensions it was stated that the DESC “purchases more light refined petroleum product than any other single organization or country in the world. With a $3.5 billion annual budget, DESC procures nearly 100 million barrels of petroleum products each year. That's enough fuel for 1,000 cars to drive around the world 4,620 times.”

That budget increased a lot over the years. The US DoD spent $8.2 billion on energy in fiscal year 2004.

“In fiscal 2005, DESC will buy about 128 million barrels of fuel at a cost of $8.5 billion, and Jet fuel constitutes nearly 70 percent of DoD's petroleum product purchases.” says American Forces Information Service News Article by G. J. Gilmore. [3]

For some, this is not enough though. Here is what a report from Office of Under Secretary of Defense says “Because DOD’s consumption of oil represents the highest priority of all uses, there will be no fundamental limits to DOD’s fuel supply for many, many decades.” [4]

American GI is the most energy-consuming soldier ever seen on the field of war

“The Army calculated that it would burn 40 million gallons of fuel in three weeks of combat in Iraq, an amount equivalent to the gasoline consumed by all Allied armies combined during the four years of World War I.” [1]

In May 2005 issue of The Atlantic Monthly, Robert Bryce gives another example; “The Third Army (of General Patton) had about 400,000 men and used about 400,000 gallons of gasoline a day. Today the Pentagon has about a third that number of troops in Iraq yet they use more than four times as much fuel.”

The US military oil consumption overseas and the world oil demand

According to the Defence Logistic Agency’s Web Site, as of November 2005 more than 2.1 billion gallons of fuel have been used in support of Operation Enduring Freedom (since October 2001; war on terrorism in Afghanistan).

In the May 2005 issue of the Atlantic Monthly article Robert Bryce says that “The U.S. military now uses about 1.7 million gallons of fuel a day in Iraq. … each of the 150,000 soldiers on the ground consumes roughly nine gallons of fuel a day. And that figure has been rising.” This mean in Iraq each day 40 000 b/d of oil is consumed by the US military.

Yes, something is wrong with that figure. Compare it with the one given by the Defense Logistics Agency spokeswoman Lana Hampton. Accroding to an American Forces Information Service News Article she said the U.S. military is using between 10 million and 11 million barrels of fuel each month to sustain operations in Afghanistan, Iraq and elsewhere. This makes 330 000 - 360 000 barrel per day.

This is more than double the amount of oil used in the Gulf war!

According to a Rand Corporation report “1.88 billion gallons of fuel were consumed within the U.S. Central Command’s area of responsibility during Operations Desert Shild and Desert Storm (ODS/S), between August 10, 1990 and May 31, 1991.” [5]. This makes 44.8 million barrels, or 150 000 barrels a day. Note that ODS/S lasted 295 days.

Moreover, “during ODS/S Saudi Arabia and the UAE supplied fuels without charge (1.5 billion gallons), whereas Bahrain, Egypt, Oman and Qatar charged for the fuels,” adds the Rand report.

Did Saudi Arabia and the UAE report that fuel as export? Did the US report it as import? Was it counted as Saudi or UAE domestic consumption? Or Was it counted as the US consumption?

I am afraid the answers to those three questions are No, No, No and No!

But that amount was surely counted in production.

My experience with international oil statistics tell me that the US military oil consumption overseas disappears in world oil demand. Hence, demand is understated at least that much.

Is about 350 000 barrel per day missing oil demand important?

SmokinOPs  posted on  2008-07-14   15:57:08 ET  Reply   Untrace   Trace   Private Reply  


#11. To: SmokinOPs, All (#9)

For everyone's information...imperial wars half way around the globe consumes a lot of oil.

scrapper2  posted on  2008-07-14   19:29:57 ET  Reply   Untrace   Trace   Private Reply  


#13. To: scrapper2 (#11)

By the way, 144 million barrels makes 395 000 barrels per day, almost as much as daily energy consumption of Greece.

I see no option then, but to bomb them anteater-peckered goat humpers back to the stone age. Sure, the transvestite hookers in ports around the world will suffer an income decline, but everyone needs to sacrifice in the war on terror.

SmokinOPs  posted on  2008-07-14   19:45:52 ET  Reply   Untrace   Trace   Private Reply  


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