The Jaw-Dropping Potential in This American Oil Patch Could Change the World

fool.com ^ | May 24, 2014 | Tyler Crowe

[ckilmer]

Permian Basin oil estimates rising.

[Organic Panic]

Quick. Someone find the endangered spotted sage cricket to shut it down.

[Jeff Chandler]

Quick! Find an endangered Dike Snail to protect.

[Jeff Chandler]

Dang it, I took too long cleaning up the language.

[Lurkina.n.Learnin]

BFL

[DaveA37]

And with odumbo, his ilk administration and the enviro’s, that oil will sit right there till hell freezes over if they have their way. Time to unelect all the demodummies and start drilling, building refineries and marketing our oil to the world. There would be NO NEED for foreign oil, period!

[virgil283]

WoW this is good news......this is going to make our enemies to rethink a lot of things.

[Paladin2]

Prohibit whabbist funds from reaching America.

[Dallas59]

EVIL! RACISM! SAVE THE (insert animal/fish/plant/insect here)!

[lee martell]

Over here in California, the greenies are not above purchasing, transporting and dumping so called ‘rare and endangered’ insects onto a tract of land in the dead of night just to throw an expensive monkey wrench into a companies development plans.
What sounds like a Junior High prank to us, sounds like a worthy strategy to them. This has happened, but the deception is usually discovered months or years later, after money and time are wasted with environmental studies.

[shadeaud]

Jebb Clampet would be proud. I doubt if he’d move to Beverly however

[Free Vulcan]

Surely there’s an East Fork Riparian Striped Spotted Tree Jumping Ambling Mud Skipper that needs protected.

[Mr. Jeeves]

Yes, but remember that part of the theory behind foreign oil is to use theirs up first and preserve ours. Sucking the Permian Basin dry now might not be in our long-term national security interests. But sucking Saudi Arabia dry immediately is in everyone's best interest.

And as far as gasoline prices are concerned, building new refineries will help a lot more in the short-to-medium term than extracting more domestic crude.

[Moonman62]

Yes, but remember that part of the theory behind foreign oil is to use theirs up first and preserve ours. Sucking the Permian Basin dry now might not be in our long-term national security interests. But sucking Saudi Arabia dry immediately is in everyone's best interest.

That makes sense, but I think most of the Saudi oil goes to Europe. Our imports mostly come from Mexico and Canada.

[Nifster]

Only if it is on private land. The EPA has basically shut down anything new on fed land

[jonrick46]

The fracking enviroweenies will pop a cork on this one. A multi-million barrel gusher of anti-fracking BS will pour out into the propaganda machines. The automobile must be stopped.

[tennmountainman]

Until the price of gas drops, who cares?

[ROCKLOBSTER]

sucking Saudi Arabia dry immediately is in everyone's best interest.

What about the ChiComs oil demand? They suck a lot.

[Captain7seas]

Not sustainable, shut it in.