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Posted by: flyonthewallzz 1 year, 2 months ago

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    flyonthewallzz1 year, 2 months ago

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    Here goes one of my diatribes:
    Use the triangle to make it go away.

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      flyonthewallzz1 year, 2 months ago

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      We are the third largest producer of oil in the world:
      http://www.nationmaster.com/graph/ene_oil_pro-ener...

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      flyonthewallzz1 year, 2 months ago

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      Another 27% is produced Offshore.
      “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

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        flyonthewallzz1 year, 2 months ago

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        “An MMS analysis of the 2007 program showed that of the US$63 million brought in by the program,”
        http://www.energycurrent.com/index.php?id=2=13004

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          flyonthewallzz1 year, 2 months ago

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          “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.“
          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-...

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            flyonthewallzz1 year, 2 months ago

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            Sorry for the diatribe:
            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.

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              flyonthewallzz1 year, 2 months ago

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              “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.”
              http://www.usatoday.com/news/washington/2008-04-23...

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                lovemylibs1 year, 2 months ago

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                FTA:
                "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.

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