Largest oil supplier to US

[syilla]

i would love to boycott petrol...

but i can't... *sigh.

when will someone produce something else and make it commercial....
please do it fast....i will be the first one to buy it from you.

 

[Panatella]

LOL,
But who has the Most Oil Reserves for the World Ahem coughs*Saudi Arabia* And Oil reserves are just as important as imported oil as canada does!~

Wrong again, junior.

The OPEC nations have consistently overextimated their proven reserves for years. I believe Canada and Venezuela are #1 and #2 now.

http://www.gasandoil.com/goc/news/ntn20664.htm

The worlds largest oil reserve is not lying under Saudi Arabian deserts or under the sea, it is clinging to grains of sand in the Canadian boreal forest of Northern Alberta.

http://www.canadacool.com/COOLFACTS/ALBERTA/FtMcMurrayOil.html

Fort McMurray sits on the largest known oil reserve in the world

Ok, now for the important part.


http://www.atimes.com/atimes/Global_Economy/FE06Dj01.html

OPEC's shocking oil reserve boondoggle
... significant evidence that oil reserves are being grossly overstated by the Organization of Petroleum Exporting Countries (OPEC). Campbell contends that OPEC reserve estimates are politically motivated.

http://english.aljazeera.net/NR/exeres/8AEF2417-CBDF-4E99-A8D2-CAA5409C147E.htm

And while Saudi Arabia's national oil company Saudi Aramco claims to have 257.5 billion barrels, its recently retired executive vice president Sadad Al Husseini has said there is in fact "130 billion barrels of proven reserves".

*cough* well below Canada's proven 180 billion *cough*

http://www.mehrnews.com/en/NewsDetail.aspx?NewsID=36107

Technical facts do not support many indicated oil reserves and claimed production increase of the Organization of the Petroleum Exporting Countries’ member states.

Not that I care who has more, the Canadians or the Saudis, it is just that blatant falsehood should not go unchecked.

 

[dianputri]

The US has had a trade embargo against Iran since 1979.

ya,,because of that US now had one of the big oil factory in iran.
and,,that is occupation in economy,,

 

[KAding]

The OPEC nations have consistently overextimated their proven reserves for years. I believe Canada and Venezuela are #1 and #2 now.

You sure? I thought Saudi Arabia was #1 with a fairly large margin. And isn't venezuela part of OPEC?

 

[abdmez]

Hmmm... never knew half of this stuff.

 

[Kidman]

ya,,because of that US now had one of the big oil factory in iran.
and,,that is occupation in economy,,

I don't understand, please explain and you have proof also?? This is something i didn't know of...

 

[Geronimo]

ya,,because of that US now had one of the big oil factory in iran.
and,,that is occupation in economy,,

You do know that makes no since right?

 

[Geronimo]

You sure? I thought Saudi Arabia was #1 with a fairly large margin. And isn't venezuela part of OPEC?

Venezuela is a part of OPEC and is number 4 on our oil imports

 

[Panatella]

You sure? I thought Saudi Arabia was #1 with a fairly large margin. And isn't venezuela part of OPEC?

Saudi is around 12% of US oil imports with Canada being around 17%.

 

[Woodrow]

The main reason the US even imports any oil is because the environmentalists consistently block the use of US reserves in the Gulf of Mexico and in Alaska.

It is all a moot point anyhow at the current world usage rate nearly all known oil reserves will be used up within 10 to 20 years. It is no longer a political ploy to find alternate energy sources, it is a necessity. We are rapidly finding out that Nuclear Energy does not hold the answer as once thought it would. Nuclear plants are proving to be more of a long term bio-hazard then what was ever suspected. It is virtualy impossible to dispose of nuclear waste in a safe manner.

The current proven world oil reserves are 1,292.550 Billions of barrels.

http://www.eia.doe.gov/emeu/international/reserves.html

The current world usage of oil is: a little over 82 billion barrels per day. or roughly 30,000 Billions of Barrels per year. Which means that oil can come to an end in as little as 5 years, based on increased usage or in about 30 years based on no increase in usage. Reality is we can expect the oil reserves to last about 15 to 20 years. Remember, we do not make oil in a factory, it is pumped out of the ground. there is a limited amount and when it is gone, it is gone forever.
http://www.gravmag.com/oil.html

 

[mahdisoldier19]

Wrong again, junior.



http://www.gasandoil.com/goc/news/ntn20664.htm


http://www.canadacool.com/COOLFACTS/ALBERTA/FtMcMurrayOil.html



Ok, now for the important part.


http://www.atimes.com/atimes/Global_Economy/FE06Dj01.html


http://english.aljazeera.net/NR/exeres/8AEF2417-CBDF-4E99-A8D2-CAA5409C147E.htm
*cough* well below Canada's proven 180 billion *cough*

http://www.mehrnews.com/en/NewsDetail.aspx?NewsID=36107


Not that I care who has more, the Canadians or the Saudis, it is just that blatant falsehood should not go unchecked.

Stupidity again Little kid, considering im an Adult and you call me junior. So i will treat you with the same amount of respect you give me. As i said it stated PROVEN RESOURCES* lets go digout those unproven sources.

 

[Kidman]

The main reason the US even imports any oil is because the environmentalists consistently block the use of US reserves in the Gulf of Mexico and in Alaska.

It is all a moot point anyhow at the current world usage rate nearly all known oil reserves will be used up within 10 to 20 years. It is no longer a political ploy to find alternate energy sources, it is a necessity. We are rapidly finding out that Nuclear Energy does not hold the answer as once thought it would. Nuclear plants are proving to be more of a long term bio-hazard then what was ever suspected. It is virtualy impossible to dispose of nuclear waste in a safe manner.

The current proven world oil reserves are 1,292.550 Billions of barrels.

http://www.eia.doe.gov/emeu/international/reserves.html

The current world usage of oil is: a little over 82 billion barrels per day. or roughly 30,000 Billions of Barrels per year. Which means that oil can come to an end in as little as 5 years, based on increased usage or in about 30 years based on no increase in usage. Reality is we can expect the oil reserves to last about 15 to 20 years. Remember, we do not make oil in a factory, it is pumped out of the ground. there is a limited amount and when it is gone, it is gone forever.
http://www.gravmag.com/oil.html

5 years??? wooow, i didn't think it was that serious.

 

[abdmez]

5 years??? wooow, i didn't think it was that serious.

I don't believe it is. There is so much oil in Alaska and Canada it isn't even funny. It is just harder to produce because it is mixed in with with dirt or something like that, so it costs a lot to take it out of the ground.

 

[Woodrow]

The five years was the worse scenario. Most geologists and economists expect the proven reserves to last 15 to 20 years.

There is another factor often overlooked. Who are the major oil companies with interest in the mid-eastern oil fields? (There are 7 of them). What is going to happen when diminishing profits reach the point of making the mid-eastern fields no longer a feasible source? I believe that is what will cause the fastest halt to oil production in the mid east and it will occur before the oil fields are depleted. I doubt very much that the major oil companies view mideastern oil as a reliable source anymore. This is the basis for the worse prediction of 5 years.

Nearly every company is researching alternative energy sources to render petroleum obsolete. Right now petroleum prices are high enough to make the developement of solar power and fuel cells an economic feasable alternative. t
They just might make petroleum unnecessary before it is depleted. The current hybred Engines on automobiles open the doors for the USA and other countries to be able to rely on their own reserves long enough for the development of non-petroleum dependent machinery. the age of Petroleum based energy has been a very short time. Just a little over 100 years. In that time the majority of the worlds petroleum has been depleted, we are down to the very bottom of the supply. The world lived and advanced without petroleum, much longer then it has relied upon it.

 

[Woodrow]

I don't believe it is. There is so much oil in Alaska and Canada it isn't even funny. It is just harder to produce because it is mixed in with with dirt or something like that, so it costs a lot to take it out of the ground.

Actually no oil is ever found in true pools it is nearly always mixed with sand. The biggest problem with the Canada and Alaskan fields is in the frigid atmosphere. The petro comes out almost the consistency of tar and must be heated to pump. The pumping of it is probably the largest production expense.
Way on back when I worked for UOP (universal oil products, inc). We tried to discourage the Alaskan Pipline as it would take nearly as much oil to pump the oil as what is actually pumped. Our early estimate was it would take a years oil production to merely fill the line and it would take two years of production as fuel to operate the heaters and pumps to pump it. Three years of oil production to get the first drop transported. From then on only 50% of production would be delivered, the remaining 50% would be used for transportation energy. Good part is that since then, less fuel consuming methods of transportation were developed.

 

[catmando]

The main reason the US even imports any oil is because the environmentalists consistently block the use of US reserves in the Gulf of Mexico and in Alaska.

It is all a moot point anyhow at the current world usage rate nearly all known oil reserves will be used up within 10 to 20 years. It is no longer a political ploy to find alternate energy sources, it is a necessity. We are rapidly finding out that Nuclear Energy does not hold the answer as once thought it would. Nuclear plants are proving to be more of a long term bio-hazard then what was ever suspected. It is virtualy impossible to dispose of nuclear waste in a safe manner.

The current proven world oil reserves are 1,292.550 Billions of barrels.

http://www.eia.doe.gov/emeu/international/reserves.html

The current world usage of oil is: a little over 82 billion barrels per day. or roughly 30,000 Billions of Barrels per year. Which means that oil can come to an end in as little as 5 years, based on increased usage or in about 30 years based on no increase in usage. Reality is we can expect the oil reserves to last about 15 to 20 years. Remember, we do not make oil in a factory, it is pumped out of the ground. there is a limited amount and when it is gone, it is gone forever.
http://www.gravmag.com/oil.html

I was not aware that Gulf of Mexico oil production has been halted. As to ANWR, estimated reserves are from 6-18 months at our present rate of consumption, and if we opened the fields we would dry up our reserve supplies.

Your second paragraph is right on the money, but I think you have too many billions in your estimates(like Carl Sagan ).

 

[Vishnu]

I have heard reports that Canada has oil that is like in the ground mixed with other chemicals ect... and even though it is costly to seperate the oil from the undesirable chemicals... there is enough to last 100 years!

 

[Panatella]

Stupidity again Little kid, considering im an Adult and you call me junior. So i will treat you with the same amount of respect you give me. As i said it stated PROVEN RESOURCES* lets go digout those unproven sources.

Hmmm..., looks like those shoes don't fit yet. What are you doing back here!?
Well then Junior if you are an adult then start to act like one.

Silly insults aside, you have not read the information provided. Saudi does not have this vast amount of "unproven resources". They lied. Get it.
LOL! There is a good investment. Hey, invest in in our vast "unproven resources"! Look. If you had read the information through, you would have learned that it is coming to light that Saudi and most of the other OPEC countries do not have the amount of reserves they claimed.
So as it stands, the three countries leading in oil reserves in order of most to least are; Canada, Venezuela, and then Saudi.

Again, not that I really give a rat's a**. I really don't care how much oil either country has.

LOL!.....*unproven resources*........:giggling: ;D :lol:

 

[Woodrow]

I was not aware that Gulf of Mexico oil production has been halted. As to ANWR, estimated reserves are from 6-18 months at our present rate of consumption, and if we opened the fields we would dry up our reserve supplies.

Your second paragraph is right on the money, but I think you have too many billions in your estimates(like Carl Sagan ).

The current oil production isn't halted, but new wells can not be drilled although exploration still continues.

 

[Panatella]

Actually no oil is ever found in true pools it is nearly always mixed with sand. The biggest problem with the Canada and Alaskan fields is in the frigid atmosphere. The petro comes out almost the consistency of tar and must be heated to pump. The pumping of it is probably the largest production expense.
Way on back when I worked for UOP (universal oil products, inc). We tried to discourage the Alaskan Pipline as it would take nearly as much oil to pump the oil as what is actually pumped. Our early estimate was it would take a years oil production to merely fill the line and it would take two years of production as fuel to operate the heaters and pumps to pump it. Three years of oil production to get the first drop transported. From then on only 50% of production would be delivered, the remaining 50% would be used for transportation energy. Good part is that since then, less fuel consuming methods of transportation were developed.

I would like to offer a correction if I may Woodrow. The oil in the Athabasca tar sands is not pumped, it is mined. They mine it and extract the oil from the sand. Up until the last few years it was very expensive, but new technology in the last few years has made it profitable now.