Story Comments
Posted by: flyonthewallzz 1 year, 2 months ago
This page is a permanent archive of the comment below and its replies.
To view this comment in the context of the full discussion for the story, use this link.
-

flyonthewallzz1 year, 2 months ago
-

flyonthewallzz1 year, 2 months ago
This comment is below the standard viewing threshold View It »
We are the third largest producer of oil in the world:
Reply
http://www.nationmaster.com/graph/ene_oil_pro-ener...-
-

flyonthewallzz1 year, 2 months ago
This comment is below the standard viewing threshold View It »
32% of our production is on federal land:
Reply
http://www.blm.gov/education/00_resources/articles...
-
-

flyonthewallzz1 year, 2 months ago
This comment is below the standard viewing threshold View It »
Another 27% is produced Offshore.
Reply
“In Fiscal Year 2007, MMS collected more than $7 billion from OCS leasing and
production, disbursing the revenue to coastal states, and the U.S. Treasury as directed by
various statutes.”
I think it is about a 50/50 split with the states, so I will call it $3.5 billion to the fed.
.PDF sorry
http://www.mms.gov/ooc/PDFs/MMSFastFactsJune.pdf -

flyonthewallzz1 year, 2 months ago
This comment is below the standard viewing threshold View It »
“An MMS analysis of the 2007 program showed that of the US$63 million brought in by the program,”
Reply
http://www.energycurrent.com/index.php?id=2=13004 -

flyonthewallzz1 year, 2 months ago
This comment is below the standard viewing threshold View It »
“Fossil energy supply includes coal, oil, and natural gas production and accounted for $4.7 billion of the almost $6.6 billion in fiscal year 2003 resources for energy supply programs.“
Reply
Not quite a wash, but close. If I took the time I am pretty sure I could find more stuff in our outlays that would bring our federal revenue from oil to close to zero.
How our federal energy spending looks:
Fossil fuels = $4,600,000,000
Renewable = $510,000,000
Alternative vehicles = $90,000,000
EPA environmental impact = $24,100,000
I might not have this right.
http://searching.gao.gov/cs.html?charset=iso-8859-... -

flyonthewallzz1 year, 2 months ago
This comment is below the standard viewing threshold View It »
Sorry for the diatribe:
Reply
But looking at the numbers it looks like the Iraqi government produced 2,130,000 bbl/day
And made $70 billion.
We produced 7,610,000 bbl/day more than half of it under federal leases.
Yet the Departments of Energy and the Interior cost us money.
I know my math here is a bit sloppy, but I think there is plenty of room for error. -

flyonthewallzz1 year, 2 months ago
This comment is below the standard viewing threshold View It »
“WASHINGTON (AP) — New data on Iraq oil revenues suggests that country's government will reap an even larger than expected windfall this year — as much as $70 billion — according to the special U.S. auditor for Iraq.”
Reply
http://www.usatoday.com/news/washington/2008-04-23... -

lovemylibs1 year, 2 months ago
This comment is below the standard viewing threshold View It »
FTA:
Reply
"Many employees identified in the report told investigators that they didn't think ethics rules applied to them because of their "unique" role in the agency and that they needed to socialize with industry representatives for "market intelligence," according to the report."
Ethics rules don't apply? Aren't there other ways to socialize to gather "market intelligence" than drug parties and drunken orgies?
It also said that the Interior Department was not allowed to conduct an audit but that one was pending. Hopefully this pending audit will be the catalyst to a long list of convictions.
-
People Who Liked This Comment (3)
People Who Didn't Like This Comment (0)
No one voted this comment negatively.
Submit a Story
Advertisement

loading ...
Post Reply
You are not signed in to Propeller.com. Please sign in to post a reply.