True:under Obama oil production up; BUT....

Discussion in 'Politics' started by healthmyths, Oct 15, 2012.

  1. healthmyths
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    healthmyths Gold Member Supporting Member

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    BUT.. FACTCHECK says almost ALL on Private- owned land!!!
    AND during the last 3 years Obama approved Federal land leases 300% LESS then Bush in a 3 year period...Bush 15,095 leases on Federal Lands... Obama 5,568 Leases!

    Federal lands, which the president controls, produced 31.8 percent of domestic oil last year, slightly below the nine-year average of 33.4 percent, according to an EIA report.
    The increase in production last year came on state and privately-owned lands, which yielded almost 150 million barrels more than 2010.

    In contrast, 2011 production on federal lands dropped by 83 million from a nine-year high mark achieved in 2010.

    Obama’s commercial is accurate in saying domestic oil production is at its highest level in eight years. The suggestion of the ad, however, overstates the administration’s role in achieving these results. Much of the increase in production during under Obama has come from state and private lands that the president does not control.

    http://www.politifact.com/virginia/statements/2012/apr/09/barack-obama/barack-obama-ad-says-us-oil-production-eight-year-/

    And the facts are:

    In FY 2009, however, the number of new leases issued fell to 2,072, according to the Bureau of Land Management. In FY 2010, the number was lower still at 1,308; and in FY 2011, the number was 2,188. In every year of the Obama administration, the number of new leases issued was lower than in Bush’s last year.

    In 3 years new leases under Obama 5,568 new leases..
    Under Bush.. from 2006 to 2008 15,095 new leases!

    NEARLY 3 times the new Federal Leases under Bush then Obama !
    http://cnsnews.com/news/article/number-new-oil-wells-and-new-leases-have-decreased-under-obama-data-blm-show
     
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    Last edited: Oct 15, 2012
  2. NYcarbineer
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    NYcarbineer Diamond Member

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    The oil companies hold hundreds of leases on public land that they're not using.
     
  3. depotoo
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    depotoo Gold Member

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    yeah, I love the way they tout the figures as being up, yet never once clarify that on federal lands it is way down.
     
  4. Katzndogz
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    Katzndogz Diamond Member

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    They can't get the permits.
     
  5. occupied
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    occupied Gold Member

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    Let's use up all of our strategic in the ground reserves for short term gain of the oil companies, sell it on the world market and then what? Do you think that all the oil we drill stays here or has the potential to lower prices? You know better.
     
  6. tjvh
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    tjvh Senior Member

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  7. healthmyths
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    healthmyths Gold Member Supporting Member

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    AGAIN... whole story.. IS YES YOU ARE RIGHT...

    BUT

    That’s because these leased lands that don’t contain productive drilling operations likely are not lying idle as Obama implies.
    There are a lot of steps and procedures involved in setting up a productive oil well on leased land, both onshore and off. The Bureau of Land Management’s Web site lists the regulatory hurdles that need to be cleared as part of the larger five-step life cycle of a well. The path to setting up an offshore drilling operation is even longer, as shown in a large flow chart developed by the MMS.
    And there is a lot of activity occurring on leased lands that does not qualify as "production."
    That’s a total of more than 15,000 holes that were being proposed, started or finished that do not count as "productive" holes.
    FactCheck.org : Unused Offshore Potential?

    PLEASE quit using tired, out of date cliches... like "not using leases"!!!!
    So quaint you have to rely on a meme that is so proven FALSE!!!
     
  8. NYcarbineer
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    NYcarbineer Diamond Member

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    Your post reads as if you couldn't figure out what I said. Either that or you responded to someone else's post in the wrong spot.

    Check your work.
     
  9. amrchaos
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    amrchaos Pentheus torn apart

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    How can you have 300% less approval?

    Is not 100% less zero? Or am I reading the op wrong?
     
  10. mudwhistle
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    mudwhistle Diamond Member

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    Still costs millions to drill it and pump it out.
     

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