Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

U.S. expected to be largest producer of petroleum and natural gas hydrocarbons in 2013
US Department of Energy ^ | October 4, 2013 | Hannah Breul and Linda Doman

Posted on 10/06/2013 12:51:25 AM PDT by 2ndDivisionVet

Source: U.S. Energy Information Administration Note: Petroleum production includes crude oil, natural gas liquids, condensates, refinery processing gain, and other liquids, including biofuels. Barrels per day oil equivalent were calculated using a conversion factor of 1 barrel oil equivalent = 5.55 million British thermal units (Btu).

The U.S. Energy Information Administration estimates that the United States will be the world's top producer of petroleum and natural gas hydrocarbons in 2013, surpassing Russia and Saudi Arabia. For the United States and Russia, total petroleum and natural gas hydrocarbon production, in energy content terms, is almost evenly split between petroleum and natural gas. Saudi Arabia's production, on the other hand, heavily favors petroleum.

Since 2008, U.S. petroleum production has increased 7 quadrillion Btu, with dramatic growth in Texas and North Dakota. Natural gas production has increased by 3 quadrillion Btu over the same period, with much of this growth coming from the eastern United States. Russia and Saudi Arabia each increased their combined hydrocarbon output by about 1 quadrillion Btu over the past five years.

Comparisons of petroleum and natural gas production across countries are not always easy. Differences in energy content of crude oil, condensates, and natural gas produced throughout these countries make accurate conversions difficult. There are also questions regarding the inclusion of biofuels and refinery gain in the calculations. Total petroleum and natural gas hydrocarbon production estimates for the United States and Russia for 2011 and 2012 were roughly equivalent—within 1 quadrillion Btu of one another. In 2013, however, the production estimates widen out, with the United States expected to outproduce Russia by 5 quadrillion Btu.


TOPICS: Business/Economy; Culture/Society; Front Page News; News/Current Events; Russia; US: Louisiana; US: North Dakota; US: Texas
KEYWORDS: 113th; bhodoe; bhoenergy; carbontax; energy; europeanunion; gas; gazprom; kenyanbornmuzzie; oil; opec; russia; saudiarabia; top10
Navigation: use the links below to view more comments.
first 1-2021-4041-6061-65 next last

1 posted on 10/06/2013 12:51:26 AM PDT by 2ndDivisionVet
[ Post Reply | Private Reply | View Replies]

To: 2ndDivisionVet
What foreign countries are we shipping them to, China?
2 posted on 10/06/2013 1:03:55 AM PDT by JimmyMc
[ Post Reply | Private Reply | To 1 | View Replies]

To: JimmyMc

I don’t think we care who buys our oil as much as we care about what they buy it with.


3 posted on 10/06/2013 1:11:52 AM PDT by RC one
[ Post Reply | Private Reply | To 2 | View Replies]

To: 2ndDivisionVet

My wife had Mexican style black beans with various peppers for dinner.

Now she is the world’s greatest natural gas producer, for the moment.

Glad I don’t smoke.


4 posted on 10/06/2013 1:40:47 AM PDT by MadMax, the Grinning Reaper
[ Post Reply | Private Reply | To 1 | View Replies]

To: JimmyMc
What foreign countries are we shipping them to, China?

I thought FReepers were smarter than this?

Liberals love to make this argument. We are destroying our environment so we can export gas and oil to other countries.

I am waiting for greater export of oil, gas and coal. It is about time we turn this nation into a net exporter again.

We have a near unlimited supply of hydrocarbons that we are extracting safely, using American workers earning above-average wages.

We have discovered, extracted and transported this abundance without any government assistance.

Abundant energy means lower costs for US companies, a return of manufacturing to our shores and yes, lower energy costs for the poor and elderly.

Again, we did all this without a single dime from the government!

So, it pisses me off when stupid, short-sighted, uneducated people lament the export of something that will the be engine of our economy for the next 200 years.

5 posted on 10/06/2013 1:45:40 AM PDT by Erik Latranyi (When religions have to beg the gov't for a waiver, we are already under socialism.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: 2ndDivisionVet
No Way:
Jimmah "The sweater" Katah said we would run out 20 years ago.
You mean rabbit Boy was wrong?
He was a real smart man. Just ask him & Amy.
6 posted on 10/06/2013 2:20:12 AM PDT by DeaconRed (I want my FREE health Care Now like you promised ZERO. What? It's Not Free?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: DeaconRed
Seems like I remember others besides Jimmy Carter.

This all happened since 2008?

That's just about the time all the libs were calling Sarah Palin a brain dead moron. I think they said it would take 20 years to see the results of new drilling.

Ya think they'll apologize?

7 posted on 10/06/2013 2:47:50 AM PDT by j. earl carter
[ Post Reply | Private Reply | To 6 | View Replies]

To: 2ndDivisionVet

Hydrocarbon has been made into a dirty word. I suggest we rebrand them with something different to make them sound more environmentally friendly. How about greeniedoodles?


8 posted on 10/06/2013 3:38:56 AM PDT by Gen.Blather
[ Post Reply | Private Reply | To 1 | View Replies]

To: Erik Latranyi

9 posted on 10/06/2013 4:15:25 AM PDT by CommieCutter
[ Post Reply | Private Reply | To 5 | View Replies]

To: 2ndDivisionVet

The attorneys obama used to kill the coal industry have now been told to kill natural gas. The EPA will do it just as surely as they killed coal. It’s the 4th arm of government that obama has enacted to carry out his mission.


10 posted on 10/06/2013 4:21:03 AM PDT by freeangel ( (free speech is only good until someone else doesn't like it)
[ Post Reply | Private Reply | To 1 | View Replies]

To: JimmyMc; Erik Latranyi
"What foreign countries are we shipping them to, China?

It is illegal to export oil, except to Mexico and Canada. Mexico doesn't need oil but exports of shale oil to eastern Canada are spiking, to replace the more expensive imported Brent crude from the north sea and Africa. Congress has to change the law to allow exports to other countries.

But we are exporting record amounts of refined oil, gasoline and diesel, to Latin America. And if the Alberta pipeline(Trans-Canada) to the gulf coast gets built, the export of refined product would increase.

As for natural gas, we are exporting larger and larger amounts to Mexico via pipeline. FERC and the Energy dept have permitted 4 companies to export natural gas to other parts of the world, 3 on the gulf coast and 1 on the Atlantic coast. The first of these is scheduled to begin exporting in 2015. Supposedly, more will be permitted, but the US manufacturing sector is complaining about this.

Also, because of the natural gas shortages back in 2000-2001, several companies were permitted to import natural gas in 2002. By the time that gas began to arrive(2010), the price of natural gas in the US was so low, the importers began diverting it to other parts of the world. The price of NG around the world is much higher than it is in the US.

11 posted on 10/06/2013 4:34:44 AM PDT by Ben Ficklin
[ Post Reply | Private Reply | To 2 | View Replies]

To: freeangel
"have now been told to kill natural gas"

Obama has permitted four companies to export natural gas. Cheneire, Freeport, and Southern Union on the gulf coast and Dominion in Maryland. Natural gas exports to Mexico are surging.

The majority of new electrical generating capacity being added in the US is natural gas fired. Wind is a distant second and coal is a distant third.

Obama loves natural gas.

12 posted on 10/06/2013 4:44:48 AM PDT by Ben Ficklin
[ Post Reply | Private Reply | To 10 | View Replies]

To: 2ndDivisionVet

Absolutely NO thanks to the anti-fossil fuel cult in the government and media for this blessing. This is entirely due to the U.S. oil companies and private land owners who developed these fabulous resources, while the EPA and the government’s lapdog media fought the energy industry tooth and nail. The Keystone XL pipeline is Exhibit A, when even the unions, begging for jobs, couldn’t get Obumbles and the tree-huggers to change their minds.


13 posted on 10/06/2013 5:08:46 AM PDT by txrefugee
[ Post Reply | Private Reply | To 1 | View Replies]

To: Ben Ficklin
You had me on board until this: Obama loves natural gas.

No Liberal tolerates, let alone loves, abundant, cheap energy. Especially in the hands of the peasants.

14 posted on 10/06/2013 5:30:34 AM PDT by Balding_Eagle (Damn ObamaCare, full speed ahead!)
[ Post Reply | Private Reply | To 12 | View Replies]

To: 2ndDivisionVet

I’m in PA surrounded by anthracite. Might as well be ice in Antarctica.


15 posted on 10/06/2013 5:42:40 AM PDT by HomeAtLast (The original Tea Party entailed a willingness to do without some tea.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Balding_Eagle
Do a google search of Obama Natural Gas.

Scroll thru the listed articles and you will see words like love, embrace, promote, praise, etc.

I realize that this doesn't match the rightwing rhetoric, and I know that the freepers love rhetoric, but reality is reality.

Let me throw you another one:

Obama opened the Chukchi Sea and Beaufort Sea in the Arctic to drilling for oil.

Obama opened more of the Alaska Strategic Reserve to oil drilling.

Obama opened the Monterey Shale in California to oil drilling.

Obama has allowed the California offshore platforms to frack, and dump their fracking fluids in the ocean.

16 posted on 10/06/2013 5:58:24 AM PDT by Ben Ficklin
[ Post Reply | Private Reply | To 14 | View Replies]

To: Ben Ficklin
I realize that this doesn't match the rightwing rhetoric

Neither does it match the history of Liberalism/Marxism.

Nor am I recognizing the the list as either acceptance or concessions by the President of his wish to provide cheap, abundant energy to the country.

Without proof they are little more than simple window dressing, and without meaning.

At best, I'd say they are more likely proof that crony capitalism is the order of the day.

17 posted on 10/06/2013 6:24:52 AM PDT by Balding_Eagle (Damn ObamaCare, full speed ahead!)
[ Post Reply | Private Reply | To 16 | View Replies]

To: Balding_Eagle
"Neither does it match the history of Liberalism/Marxism"

Correct.

The left, Marxists, enviros, etc, don't like Obama anymore than you do.

They think that candidate Obama lied to them over CO2, War, drilling, national healthcare, and many other things.

18 posted on 10/06/2013 6:42:55 AM PDT by Ben Ficklin
[ Post Reply | Private Reply | To 17 | View Replies]

To: Ben Ficklin

I’m not sure what your point is?


19 posted on 10/06/2013 6:44:49 AM PDT by Balding_Eagle (Damn ObamaCare, full speed ahead!)
[ Post Reply | Private Reply | To 18 | View Replies]

To: HomeAtLast

Don’t worry future generations will exploit that coal.


20 posted on 10/06/2013 6:58:10 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
[ Post Reply | Private Reply | To 15 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-65 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson