Not Logged In Log In   Sign Up   Points Leaders
Follow Us    4:16 AM

GasBuddy News Article

38
votes
The U.S. is turning into an energy ‘superpower’: API

MarketWatch.com -- A revolution in oil and natural-gas development hasn’t just spurred economic growth and new job creation in the United States, it’s turning the nation into an “energy superpower,” according to the American Petroleum Institute.

“There is a new energy reality of vast domestic resources of oil and natural gas brought about by advancing technology,” Karen Moreau, executive director of API’s New York State Petroleum Council told reporters in Washington Monday.

The U.S. produces more natural gas NGH13 +0.32% than any nation in the world, she said, and its daily production of more than 6 million barrels of oil CLH3 +0.03% is the third largest in the world.


Read the Full Article

Submitted Feb 06, 2013 By: NOTSOGRN
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: The U.S. is turning into an energy ‘superpower’: API Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
tomok
Champion Author Portland

Posts:39,843
Points:2,673,485
Joined:Aug 2006
Message Posted: Feb 17, 2013 5:23:00 PM

The U.S. is turning into an energy ‘superpower.’ But gas prices continue to rise and Big Oil and Big Gas sells fuel and natural gas on the world market for higher prices.
The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! The price at the pump needs to go down to $2/gallon - *$3, *$3.50/gallon or *$4.00 is Not the new low!
More Refineries are Not the answer, Stop exporting fuel is!
Take care of the domestic fuel market first, above all else!
Drive vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
Profile Pic
honda0105
Champion Author Tallahassee

Posts:21,410
Points:1,937,840
Joined:Nov 2008
Message Posted: Feb 9, 2013 5:28:29 AM

lotsa mumbo-jumbo.
Profile Pic
GAS1251
Champion Author Texas

Posts:6,802
Points:1,954,030
Joined:Jun 2008
Message Posted: Feb 7, 2013 7:22:59 AM

Promises, promises.
Profile Pic
gravityhurts
Champion Author North Carolina

Posts:5,597
Points:1,256,335
Joined:Sep 2008
Message Posted: Feb 7, 2013 7:05:44 AM

And this will makes things better, right?
Profile Pic
Settjec
Champion Author Little Rock

Posts:3,600
Points:1,003,605
Joined:May 2010
Message Posted: Feb 7, 2013 12:43:41 AM

If that is the case, then we should see a price REDUCTION!!!!!!!
Profile Pic
kgbellman
Champion Author Ann Arbor

Posts:4,351
Points:1,059,530
Joined:Mar 2011
Message Posted: Feb 7, 2013 12:23:03 AM

That's great for the fuel companies, but where is ouor benefit?
Profile Pic
Ahking
Champion Author Orange County

Posts:3,618
Points:625,235
Joined:May 2011
Message Posted: Feb 7, 2013 12:19:46 AM

hope some of that trickle down to us the common folks.
Profile Pic
sonicmustang
All-Star Author Alberta

Posts:637
Points:149,525
Joined:Dec 2010
Message Posted: Feb 7, 2013 12:12:55 AM

Lets see how this works out.
Profile Pic
Happytalk
Champion Author Pennsylvania

Posts:3,782
Points:905,140
Joined:May 2010
Message Posted: Feb 7, 2013 12:09:28 AM

gas keeps going up
Profile Pic
carloco75
Champion Author Richmond

Posts:5,395
Points:922,575
Joined:Oct 2010
Message Posted: Feb 7, 2013 12:07:05 AM

MmmHmmm...oooKay...
Profile Pic
Hunter724
Champion Author New Hampshire

Posts:9,739
Points:1,970,580
Joined:Sep 2008
Message Posted: Feb 7, 2013 12:05:51 AM

Old News...
Profile Pic
DisMusBeDaPlaz
Champion Author Tampa

Posts:4,062
Points:894,050
Joined:Sep 2011
Message Posted: Feb 7, 2013 12:03:27 AM

From nuclear....now moving into the natural gas energy exchange.a
Profile Pic
Brunduski
All-Star Author Missouri

Posts:611
Points:267,190
Joined:Jun 2012
Message Posted: Feb 6, 2013 11:57:41 PM

And yet prices remain high.... hmm.
Profile Pic
Bill100
Champion Author Grand Rapids

Posts:44,127
Points:1,480,950
Joined:Jan 2010
Message Posted: Feb 6, 2013 11:56:29 PM

Years, even decades, down the road yet.
Profile Pic
gmcgas
Champion Author Atlanta

Posts:7,659
Points:2,040,940
Joined:Mar 2004
Message Posted: Feb 6, 2013 11:56:05 PM

how long before they price their self out of business?
Profile Pic
Zing20
All-Star Author Fresno

Posts:982
Points:440,620
Joined:Nov 2012
Message Posted: Feb 6, 2013 11:55:30 PM

Good
Profile Pic
arinkrat17
Champion Author Twin Cities

Posts:7,873
Points:1,656,445
Joined:Aug 2009
Message Posted: Feb 6, 2013 11:53:49 PM

Ok
Profile Pic
REVLAW
Champion Author San Antonio

Posts:12,098
Points:2,334,550
Joined:Jul 2007
Message Posted: Feb 6, 2013 11:51:53 PM

I can hardly believe this with the HO in "power". Perhaps it is "in spite" of his idiocy and failed energy polices.
Profile Pic
roadrunnerMO
Champion Author Kansas

Posts:10,068
Points:2,028,415
Joined:Jul 2008
Message Posted: Feb 6, 2013 11:40:46 PM

It will not happen with obozo at the helm.
Profile Pic
BobD2009
Champion Author Long Island

Posts:8,638
Points:1,565,810
Joined:Apr 2009
Message Posted: Feb 6, 2013 11:34:21 PM

Let's hope so, but not likely with Obama.
Profile Pic
singlemom27
Champion Author Ventura

Posts:4,738
Points:965,475
Joined:Apr 2011
Message Posted: Feb 6, 2013 11:34:04 PM

And yet our prices are rising...
Profile Pic
scu227
Champion Author New Haven

Posts:5,921
Points:1,097,655
Joined:Feb 2011
Message Posted: Feb 6, 2013 11:30:19 PM

It's not doing us any good when we export it all and still pay ridiculous high prices.
Profile Pic
mrreferee
Champion Author Savannah

Posts:2,011
Points:841,005
Joined:Jun 2011
Message Posted: Feb 6, 2013 11:26:26 PM

then why are we sill having to subsidise them ???
Profile Pic
SteveSeattle
All-Star Author Seattle

Posts:564
Points:182,035
Joined:Apr 2007
Message Posted: Feb 6, 2013 11:26:19 PM

ok
Profile Pic
rahcat
Champion Author Grand Rapids

Posts:4,310
Points:989,925
Joined:Jan 2010
Message Posted: Feb 6, 2013 11:25:41 PM

I Will believe it when the prices are below $2.00 a gallon.
Profile Pic
sehonda
Champion Author Honolulu

Posts:2,785
Points:1,074,500
Joined:May 2009
Message Posted: Feb 6, 2013 11:25:04 PM

thought we were already...
Profile Pic
Topless2012
Champion Author Twin Cities

Posts:4,103
Points:807,840
Joined:Jan 2012
Message Posted: Feb 6, 2013 11:24:03 PM

Take this old story and obama and toss them in a dumpster.
Profile Pic
PetroScopper
Champion Author Houston

Posts:8,247
Points:1,875,315
Joined:Aug 2008
Message Posted: Feb 6, 2013 11:22:00 PM

There is so much hype to this energy "superpower" thing, that I am almost starting not to believe the rhetoric!
Profile Pic
gman617
Champion Author Illinois

Posts:2,625
Points:597,240
Joined:Jul 2012
Message Posted: Feb 6, 2013 11:20:57 PM

Yawn...
Profile Pic
NedW
Champion Author Indianapolis

Posts:7,142
Points:1,440,940
Joined:Mar 2008
Message Posted: Feb 6, 2013 11:20:51 PM

It must be getting dumped on the world market instead of being used to benefit the domestic economy 'cause pump prices don't reflect it.
Profile Pic
rd2000
Champion Author Florida

Posts:5,183
Points:1,009,865
Joined:Jul 2007
Message Posted: Feb 6, 2013 11:19:56 PM

cool
Profile Pic
Ready Eddie
Champion Author Twin Cities

Posts:7,442
Points:1,669,570
Joined:Feb 2003
Message Posted: Feb 6, 2013 11:19:50 PM

old story...
Profile Pic
DrivingFool2
Champion Author Appleton

Posts:10,278
Points:1,928,240
Joined:Apr 2005
Message Posted: Feb 6, 2013 11:18:27 PM

defiancegasman, your right on target
Profile Pic
defiancegasman
Champion Author Ohio

Posts:7,188
Points:1,355,355
Joined:May 2006
Message Posted: Feb 6, 2013 11:17:08 PM

Now if we could just put a STOP TO BIG OIL'S GREED and PRICE GOUGING, then AMERICA would be a real "ENERGY SUPERPOWER"!!!

We are the ONLY COUNTRY in the WORLD where the price of GAS GOES UP when there is a MAJOR NEW SOURCE FOUND. Even with both OIL and NATURAL GAS!!!
Profile Pic
Pmgr
All-Star Author San Antonio

Posts:765
Points:347,110
Joined:Jan 2013
Message Posted: Feb 6, 2013 11:16:51 PM

ok
Profile Pic
TBONE3
Champion Author Pennsylvania

Posts:10,265
Points:2,279,945
Joined:Mar 2005
Message Posted: Feb 6, 2013 11:16:30 PM

OK, if we are the Superpower, why are energy prices rising daily?
Profile Pic
Ray_10589
Champion Author New York

Posts:6,481
Points:1,499,365
Joined:May 2009
Message Posted: Feb 6, 2013 11:15:27 PM

not a good idea .... We are paying too much for energy now .... so we the taxpayer are really paying
Profile Pic
bobdec
Champion Author Miami

Posts:10,461
Points:2,074,070
Joined:May 2008
Message Posted: Feb 6, 2013 11:13:09 PM

Good only if it lowers gas prices
Profile Pic
musicreporter
All-Star Author San Antonio

Posts:917
Points:357,855
Joined:Dec 2012
Message Posted: Feb 6, 2013 11:12:42 PM

good or bad?
Profile Pic
Mowerman08
Champion Author Milwaukee

Posts:6,328
Points:1,534,795
Joined:Aug 2008
Message Posted: Feb 6, 2013 11:12:23 PM

opinion, exporting to the world, forget the USA
Profile Pic
DirtDauber
Champion Author San Antonio

Posts:8,435
Points:1,956,075
Joined:Nov 2005
Message Posted: Feb 6, 2013 11:11:25 PM

It is a good thing.
Profile Pic
gch42
Champion Author Georgia

Posts:13,628
Points:2,403,110
Joined:Feb 2006
Message Posted: Feb 6, 2013 11:10:42 PM

GOOD! Let's use it for our advantage...
Profile Pic
badharley
Champion Author Tampa

Posts:2,589
Points:1,058,690
Joined:Jul 2010
Message Posted: Feb 6, 2013 11:10:36 PM

Good for us that we produce more natural gas we should produce more unleaded fuel so prices would go down.
Profile Pic
TIGERPAW46
Champion Author Florida

Posts:8,750
Points:1,672,025
Joined:Mar 2004
Message Posted: Feb 6, 2013 11:09:29 PM

Another article continued from last night.
Profile Pic
UpSol7
Champion Author Augusta

Posts:2,180
Points:1,042,850
Joined:Sep 2008
Message Posted: Feb 6, 2013 11:07:31 PM

and of course the American Petroleum Institute is completely unbiased in their findings....
Profile Pic
2005Retired
Champion Author Arkansas

Posts:13,453
Points:2,368,395
Joined:Aug 2007
Message Posted: Feb 6, 2013 11:03:46 PM

Prices go up, so now they find more
Profile Pic
seahawks
Champion Author Washington

Posts:4,324
Points:2,197,165
Joined:Sep 2005
Message Posted: Feb 6, 2013 11:03:29 PM

let's keep it here in this country!!!
Profile Pic
Matt G
Champion Author Boston

Posts:6,176
Points:3,100,375
Joined:Jun 2004
Message Posted: Feb 6, 2013 11:00:03 PM

And charging it's citizens for it
Profile Pic
GAS1251
Champion Author Texas

Posts:6,802
Points:1,954,030
Joined:Jun 2008
Message Posted: Feb 6, 2013 10:59:51 PM

Or so they say
Profile Pic
THX138
Champion Author San Francisco

Posts:3,698
Points:1,321,960
Joined:Apr 2010
Message Posted: Feb 6, 2013 10:54:04 PM

$5 a gallon superpower? How about $6 a gallon superpower?
Post a reply Back to Topics