McCain, Palin & Energy Flubs
In an interview with ABC Channel 6 in Columbus, Ohio, last night, Sen. John McCain, R-Ariz, said that "the world’s largest oil reserves are in the United States of America.”
Watch HERE.
Saudi Arabia, Canada, Iran, Iraq, Kuwait, UAE, Venezuela, Russia, Libya, Nigeria, Angola, and THEN the U.S.
The McCain campaign says that the candidate meant to say that the world’s largest COAL reserves are in the U.S.
And that’s true — the Energy Information Administration says that the U.S. "has the world’s largest known coal reserves, about 263.8 billion short tons. This is enough coal to last approximately 225 years at today’s level of use. "
What’s odd about this, though, is that McCain has made energy independence the domestic centerpiece of his campaign ("Drill, baby, drill!") not to mention a major reason for picking Alaska Gov. Sarah Palin as his running mate. (McCain said Palin “knows more about energy than probably anyone else in the United States of America.”)
And yet, even with these credentials, the McCain-Palin team has been criticized for getting some basic facts about energy wrong.
Palin told ABC News’ Charlie Gibson that "a credential that I do bring to this table" deal "with the energy independence that I’ve been working on for these years as the governor of this state that produces nearly 20 percent of the U.S. domestic supply of energy…"
McCain in a separate interview told Gibson that Palin has "been governor of our largest state, in charge of 20 percent of America’s energy supply."
As Factcheck.org has pointed out, Alaska produces closer to 3.5 percent of the U.S. domestic energy supply.
What about oil? Maybe they meant the U.S. domestic supply of oil?
Actually, Alaskan production accounts for less than 5 percent of the crude oil and petroleum products supplied to the U.S. in 2007 — including imports from other nations.
The only way this makes sense is if McCain and Palin meant to say that Alaska produces 14 percent (instead of 20) of the oil (not energy) produced entirely in the U.S. (not the entire supply), and that excludes all oil imports and any other form of power.
People make mistakes, but when the McCain-Palin team makes gaffes about their No. 1 domestic issue, they risk stepping on their message.
-jpt
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Posted by: geevill | September 29, 2008, 1:12 pm 1:12 pm
People of course make mistakes but this appears to be a deliberate embellishment much like the rest of the McCain Palin campaign.
Posted by: Ryan C | September 29, 2008, 1:17 pm 1:17 pm
McBefuddled can come back and say that this time he was at least trying to tell the truth
Posted by: jen | September 29, 2008, 1:18 pm 1:18 pm
thanks for simple facts Jake, no opinion just facts that can only be disputed by delusion
Posted by: watching | September 29, 2008, 1:19 pm 1:19 pm
They flub on energy, supposedly their strong point. They flub on foreign policy, calling Pakistan a failed state and its head of state Kadari instead of Zardari, supposedly McCains strong point. Biparitsanship is supposedly their strong point, but McCain can’t even look at Obama and mocks him for graciously agreeing during the debate. Transparency is their strong point, but they won’t co-operate with Troopergate. We already know how he performs on economy, his self-acknowledged weak point. Remind us again, why should we vote for them?
Posted by: RT | September 29, 2008, 1:19 pm 1:19 pm
If you inclide shale oil reserves we have 2 trillion worth of oil which is more than any country in this planet
Posted by: adam | September 29, 2008, 1:23 pm 1:23 pm
your factcheck jake is way off, very one knows its 14%. Wake up and do your job.
Posted by: big oil | September 29, 2008, 1:23 pm 1:23 pm
OBAMA: “but I think it is that it is also important to recognize I work with Tom Coburn, the most conservative, one of the most conservative Republicans who John already mentioned to set up what we call a Google for government saying we’ll list every dollar of federal spending to make sure that the taxpayer can take a look and see who, in fact, is promoting some of these spending projects that John’s been railing about.”
According to the public record, the law (emphasis ours):
FEDERAL AWARD.—The term ‘‘Federal award’’—
(A) means Federal financial assistance and expenditures that—
(i) include grants, subgrants, loans, awards, cooperative agreements, and other forms of financial assistance;
(ii) include contracts, subcontracts, purchase orders, task orders, and delivery orders;
(B) does not include individual transactions below $25,000; and
(C) before October 1, 2008, does not include credit card transactions.
Obama’s lied about his “Google for government”. It just doesn’t track all federal spending.
Posted by: Cultural Amnesia | September 29, 2008, 1:23 pm 1:23 pm
Sort of ties into the “drill baby drill” mythology that we can drill our way out of trouble.
Latest Gallup: Obama still holds on to an 8 point lead.
Posted by: bubba | September 29, 2008, 1:24 pm 1:24 pm
It might be more useful to ask Gov. Palin directly about her statement before calling it a gaffe.
Posted by: Captain America | September 29, 2008, 1:27 pm 1:27 pm
This is an excerpt from a Brack Obama speech on September 20 in Daytona Beach:
Obama: “And I’ll protect Social Security, while John McCain wants to privatize it. Without Social Security half of elderly women would be living in poverty – half. But if my opponent had his way, the millions of Floridians who rely on it would’ve had their Social Security tied up in the stock market this week. Millions would’ve watched as the market tumbled and their nest egg disappeared before their eyes. Millions of families would’ve been scrambling to figure out how to give their mothers and fathers, their grandmothers and grandfathers, the secure retirement that every American deserves. So I know Senator McCain is talking about a “casino culture” on Wall Street – but the fact is, he’s the one who wants to gamble with your life savings.”
There are SSC plans McCain has which support privatizing Social Security. In his 2000 campaign, McCain’s social security plan was described in the NY Times:
Mr. McCain called for 20 percent of the Social Security payroll tax to be placed in individual retirement accounts in which workers would be able to choose from an approved list of investment options. He said they would also be guaranteed that they would never get less in benefits than if they had stayed in the current Social Security system. To pay for the transition to such accounts, Mr. McCain would devote $729 billion of the non-Social Security surplus over 10 years to Social Security.
Barck Obama is lying when he tells senior citizens that their Social Security fund would have evaporated under McCain’s plan. That’s simply not the case in either privatization plan McCain has supported.
Posted by: Cultural Amnesia | September 29, 2008, 1:28 pm 1:28 pm
“It might be more useful to ask Gov. Palin directly about her statement before calling it a gaffe.”
Since she does not take questions from reporters, that may prove difficult.
Posted by: Ryan C | September 29, 2008, 1:31 pm 1:31 pm
This campaign is not concerned with facts. People always respected McCain’s honor. Without that, his poll numbers continue to drop.
Posted by: truth is good | September 29, 2008, 1:32 pm 1:32 pm
Say, is Crazy Joe for or against coal today?
Posted by: Captain America | September 29, 2008, 1:33 pm 1:33 pm
“John already mentioned to set up what we call a Google for government saying we’ll list every dollar of federal spending to make sure that the taxpayer can take a look”
That and the statement he will review every line of the budget are lies or naive to the point of imcompetence.
1. Parts of the budget are black. That won’t change. Security trumps right to know. You don’t like it and I don’t like but that’s a fact. A ‘googler’ (reverse index for the technically minded) would hand details of our military to our most committed enemies. On the other hand, if that’s what he has in mind, that would do it.
2. Parts of the budget are speculative. The economy is too large and dynamic to project revenues precisely so many of the numbers are made up.
3. Jimmy Carter tried to ‘review the budget line by line’. He found he couldn’t do it and that was in 1978. Look at the size of it. Now try to do the math even with a computer. This is the real world, not a 2008 version of “Dave”.
Obama really must be drinking his own kool-aid to make foolish statements like that.
Posted by: len | September 29, 2008, 1:34 pm 1:34 pm
This campaign is one big resume embellishment with regards to Palin. Are other governing officials seeking her expertise in energy?
Posted by: that's the ticket | September 29, 2008, 1:35 pm 1:35 pm
Concerned in OH: “Our shale oil reserves dwarf Saudi Arabia.”
Comparing solid kerogen to liquid crude oil displays a very deep ignorance of the fundamentals of these two resources. Frankly, even the term “shale oil” indicates on has a bumper sticker level understanding of what it is. Kerogen is about as useful as when Jimmy Carter touted it in the 70′s. We’d be better off synthesizing liquid fuel from oil.
Posted by: jhw539 | September 29, 2008, 1:36 pm 1:36 pm
“My my only 1:33 EST and you have not accused anyone of being a racist yet.”
The day is young and you never fail to disappoint.
Posted by: Ryan C | September 29, 2008, 1:37 pm 1:37 pm
Cut him a break. He was “confused”.
Posted by: DMR | September 29, 2008, 1:38 pm 1:38 pm
“John already mentioned to set up what we call a Google for government saying we’ll list every dollar of federal spending to make sure that the taxpayer can take a look”
Obama and Coburn have already set up a google for government dealing with earmarks.
It was an expansion upon the original Earmark transparency act that McCain also cosponsored.
Posted by: Ryan C | September 29, 2008, 1:39 pm 1:39 pm
evaporated?
more like obliterated
mccain wants to privatize social security, you know invest it in the stark market like the banking system here
you can read the article, mccain had it published last week
so obama is right it would evaporate
or rather be destroyed one way or another
Posted by: Bhrandon | September 29, 2008, 1:40 pm 1:40 pm
If Sarah Palin knows more about energy than “probably anyone else in America”, we’re in BIG TROUBLE! She exagerates every aspect of her “qualifications”.
She says that you can see Russia from parts of Alaska. What no one in the press has pointed out (for those who don’t know) is that the part of Alaska where you can see Russia is over 2000 miles out in the Aleutian Islands! The part of Russia you can see is another Aleutian Island!
She’s window dressing, and shouldn’t be allowed to speak (which is what the McCain campaign has been trying to keep from happening – at least without a prepared speech).
I cna’t wait for Joe Biden to tear her up in the debate.
Posted by: Bob | September 29, 2008, 1:41 pm 1:41 pm
“Barck Obama is lying when he tells senior citizens that their Social Security fund would have evaporated under McCain’s plan.”
Not really, with benefits being guaranteed equal or better and a plunging stock market we would have seen double payments to SS to make up for money lost on the market. The system would have been insolvent this decade.
Posted by: Ryan C | September 29, 2008, 1:41 pm 1:41 pm
The US and Canada have the 1st and 2nd largest oil reserves in the world… Oil Shale and Tar Sands. The technology exists to extract (at $30 a barrel) but Saudia Arabia, Iran, Iraq, etc. have the easiest oil to extract (at $2-$5 more of less a barrel). Get your facts straight in the proper context and quit bending the truth.
Posted by: energymain | September 29, 2008, 1:41 pm 1:41 pm
Wow Ryan that was some spin. Though it offered no guarantees of benefits, no one enrolled in that plan would be eligible for social security yet. Thus no one affected in that scenario would “rely” on social security.That plan did not privatize current retiree’s holdings either.
So OBAMA LIED
Posted by: Cultural Amnesia | September 29, 2008, 1:42 pm 1:42 pm
Weeks after John McCain mocked Barack Obama for raising money in Hollywood “with his celebrity friends,” the Arizona Senator is slated to join his wife for a fundraiser on Los Angeles’ Avenue of the Stars this Wednesday.
The McCain-Palin Victory California Leadership team is sponsoring the October 1 event at the Century Plaza Hyatt Regency in L.A. Supporters who bundle at least $250,000 receive entrance to a host committee dinner and private reception; others can attend the general reception for $1,000 per person (or $2,500 per person for a limited edition “McCain-Palin CA” lapel pin).
got to love mccain, criticize and mock opponet for something, and then do the same thing
lol
mccain is the biggest celebrity… follower in the world
campaign first… country… somewhere down the road
Posted by: Bhrandon | September 29, 2008, 1:42 pm 1:42 pm
Sarah palins”s 14 year old daughter Willow was on stage with her today.
Did she drop out of school as well as 17 year old Bristol?
Posted by: waqtching | September 29, 2008, 1:44 pm 1:44 pm
Sorry, that should have been ‘can’t wait’.
Posted by: Bob | September 29, 2008, 1:44 pm 1:44 pm
Yes, she did drop out waqtching. And I hear that she now works for EPT so she can get free pregnancy tests. The word is out that she actually sleeps with her own brother.
Why aren’t you reporting these real stories Jake? Piper Palin needed an exorcism because someone saw her turn her head completely around backwards at the RNC.
Posted by: Cultural Amnesia | September 29, 2008, 1:48 pm 1:48 pm
Every time the MSM claims Palin or McCain flubbed I keep remembering that speech where Obama said he was on the Banking Committee.
Which he’s not. At all. Lol.
It’s on video. Hope it’s in a campaign ad.
Posted by: No Obama | September 29, 2008, 1:51 pm 1:51 pm
Once again Jake Tapper gets it wrong. Did McCain or Palin say oil? No, they both said energy. Allot more than just oil comes from Alaska to contribute to America’s energy supply Jake. Ever heard of natural gas Jake? There are others too but I won’t belabor the point.
Posted by: joey | September 29, 2008, 1:53 pm 1:53 pm
With John McCain sliding in the polls now, you just know he is trying to figure out how to get the media attention back, I am half expecting to see McDrama call his second press conference in 6 weeks and come out buck naked.
Posted by: Truth Matters | September 29, 2008, 1:53 pm 1:53 pm
President McCain will win and it won’t even be close.
There’s a video going around which shows the Democrats totally blocking all efforts by Republicans to tighten regulations on Fannie Mae & Freddie Mac.
Again, I predict a landslide.
Posted by: No Obama | September 29, 2008, 1:53 pm 1:53 pm
Jake, you are trying to make something bigger than it is.
Where was your lengthy, critical discussion on Biden saying no more coal plants in the U.S. and a couple of days later Obama saying that he wants more coal plants in the U.S.?
Where was your lengthy, critical discussion on Obama saying he is for nuclear power, but not for storing the nuclear waste? If you can’t store the waste, you can’t have nuclear power.
Posted by: Zank | September 29, 2008, 1:54 pm 1:54 pm
energymain: “The technology exists to extract (at $30 a barrel)”
Please cite your $30/barrel figure. I strongly suspect you are blatantly lying, but if not you have found an AMAZING investment opportunity (act now! Limited time only I’m sure!).
Posted by: jhw539 | September 29, 2008, 1:55 pm 1:55 pm
Jake Tapper pretend to be fair, but he wants Obama to win, and he wants him to win bad.
Jake will tell you little things Obama does that he knows won’t make a difference, but he won’t tell you the HUGE gaffes, mistakes, corruptions, failures that Obama makes, does because he wants him to win.
If the MSM were fair, they’d show the video of one democrat after another saying leave Fannie Mae & Freddie Mac and Franklin Raines alone, they’re doing fine.
Posted by: No Obama | September 29, 2008, 1:56 pm 1:56 pm
Joey: “Once again Jake Tapper gets it wrong. Did McCain or Palin say oil? No, they both said energy. Allot more than just oil comes from Alaska to contribute to America’s energy supply Jake.”
Please try to read the main article. Including all energy Alaska only supplies 3.5%. The MOST charitable interpretation is that McCain/Palin meant to say oil and were rounding 14% up to 20%.
Posted by: jhw539 | September 29, 2008, 1:57 pm 1:57 pm
There are two alternatives here. Neither is attractive. Palin/McCain either lie outright or they simply don’t know what the hell they’re talking about.
Posted by: Brooklyn Democrat | September 29, 2008, 1:57 pm 1:57 pm
“The banking committee…..which is my committee”
Barack Obama
Except that it’s not his committee. He’s not on it.
Obama – he can’t even remember what committes he’s on. Lol.
Posted by: No Obama | September 29, 2008, 1:58 pm 1:58 pm
Jake. You are reporting flat out lies. America has the largest known oil reserves in the world. The oil shale we know about dwarfs Saudi Arabia and is rivalled only by Canada. We also have quite a bit of coal. We also have a country full of Sheeple (also known as liberals and unbiased media reporters).
Posted by: rob roske | September 29, 2008, 1:58 pm 1:58 pm
ABC had plenty of time (& motive) to put a video on their website of Sarah Palin getting prayed over by a Kenyan pastor, but won’t play the video of Democrats all bashing Republicans because they dared to try and tighten regulations on Fannie & Freddie.
This is journalism in 2008. Advocacy journalism. The free press is gone. Finished.
RIP
Posted by: No Obama | September 29, 2008, 2:00 pm 2:00 pm
“energymain”
Before you start turning away those tankers full of imported oil in favor of oil sands and shale, you might want to answer the following two questions:
1. How much WATER does it take to extract oil from oil sands and/or shale?
(The answer is that it takes a lot more water in than the amount of oil out.)
2. Are you familiar with the Colorado River Compact of 1922 which limits the amount of water that western states can draw from the Colorado river?
3. Do you think there is some other source of water available in the shale/oil sand states for this purpose?
Posted by: John | September 29, 2008, 2:01 pm 2:01 pm
So cultural amnesia, the money for the stock market would not be recoverable, therefore anyone opting for McCain’s plan would been hosed when the market tanked.
Thanks for making my & Obama’s point that anyone opting for for McCain’s plan would have lost their nest egg.
Posted by: Ryan C | September 29, 2008, 2:01 pm 2:01 pm
No Obama: “Jake Tapper pretend to be fair, but he wants Obama to win, and he wants him to win bad.”
Rriiiigggghhhhtttt. The archives are freely available – people can go back to the primaries when this page was all about highlighting every Obama scandal Clinton brought to light, usually multiple times.
And I think it was in the last 24 hours that Jake had to post a major correction to a piece bashing Obama referencing the hero bracelet during the debate – originally they repeated the Right’s lie that he did it against the mother’s wishes. In fact, the mother had no problem with it and has spoken out to counter the lies about her.
Posted by: jhw539 | September 29, 2008, 2:02 pm 2:02 pm
Biden has a huge gaffe a day. Outright lies & fibs and nuttiness.
Ever see SNL do a parody of Biden?
Me neither.
It must be nice to have the MSM totally covering your behind and helping you win. Really. It must be incredibly nice.
Posted by: No Obama | September 29, 2008, 2:02 pm 2:02 pm
Nice try but Jake wants Obama to win and he’ll help him at all costs.
Go to gatewaypundit.blogspot.com and see for yourself the video that would destroy the democrat party if ABC or Jake would bother to post about it.
They won’t. And we know why.
Again, I hope the democrats & Obama get on their knees and thank God every day for the MSM and all their help.
Posted by: No Obama | September 29, 2008, 2:04 pm 2:04 pm
“Obama and Coburn have already set up a google for government dealing with earmarks.”
You’re out of your depth, here, Ryan. Google doesn’t work that way and it would be incredibly inefficient. He probably meant a web site with a search engine although even that would tell you little about the budget because the spending is interlocked. It takes a hefty financial package to data mine that. Basic querying won’t do it, and by the way, it’s easy to game a google search as the last election showed.
Don’t play. You really don’t understand the technology and if John or Barack say that, they don’t either.
Most of the time, these are reversed index sites although they could buy a Google appliance, but it is incredible overkill.
Posted by: len | September 29, 2008, 2:05 pm 2:05 pm
John: It’s not strictly the water. It is the 12,000 megawatts of electrical generation capacity per million gallons of oil synthesized that is much more the killer. It’s trading a mountain of coal for a puddle of oil.
Posted by: jhw539 | September 29, 2008, 2:05 pm 2:05 pm
November 5, 2008
“First of all, I’d like to thank the Mainstream Media”
Obama (if he wins)
Posted by: No Obama | September 29, 2008, 2:11 pm 2:11 pm
Len: “You’re out of your depth, here, Ryan. Google doesn’t work that way and it would be incredibly inefficient. He probably meant a web site with a search engine…”
You’re working awfully hard to try to make up a controversy. Of course the website doesn’t use the Page ranks system – don’t be absurd. Anyone who wants to can go to usaspending.gov and make their own call about what Obama did and how google’esqe it is.
I can’t believe that McCain supporters could possibly turn greater transparency of government spending into a negative. McCain would have made this website happen if he had the technological knowledge as Obama (or any current jr. high student, but I digress).
Posted by: jhw539 | September 29, 2008, 2:11 pm 2:11 pm
The United States has about 2% of the world’s known petroleum reserves. The estimated proven reserves for the United States range from 20 to 29 billion barrels of oil. Global estimates range from 1,143 to 1,331 billion barrels. This isn’t from the Obama campaign – it’s from the Oil and Gas Journal and the World Oil review. John McCain didn’t make a gaffe – he simply believes what he said. Sarah Palin thinks Alaska supplies 20% of US energy. Not anywhere close. Tapper’s figures are right. I don’t think anbody should expect a candidate to be an expert on everything – but if this woman was brought on board as an energy expert, she should at least know her own state and in an economy grounded in petroleum – and a foreign policy based on petroleum, John McCain should know better. Or he should find better advisors than Henry Kissinger and Phil Gramm. Good Lord, even George Bush never made mistakes like that.
Posted by: mara | September 29, 2008, 2:13 pm 2:13 pm
Palin will be quoting john McCain left and right at the debate, Bideen, just keep remindeing her that you have known John longer than she has and you know him better. Pound her with the facts, correct her when she is wrong and, call her on the fluff. These are serious times, and McCain has failed to select a serious running mate.
Posted by: Danny | September 29, 2008, 2:15 pm 2:15 pm
“…the banking committee…which is my committee…”
Obama in a campaign speech earlier this summer.
Except he’s not on the banking committee.
Posted by: No Obama | September 29, 2008, 2:15 pm 2:15 pm
No Obama: Yes, that liberal mainstream media that raised such a ruckus when the Republicans were fabricating lies to get us into Iraq, when bills to impeach Cheney and Bush were introduced, when it was pointed out that McCain’s constitutional eligibility was technically in question, when it was Rev. Wright all the time, etc.
You’re the same sort who blames the umpires for your team being last in the division.
Posted by: jhw539 | September 29, 2008, 2:15 pm 2:15 pm
Joey. We get most of our natural gas from Canada. The McCain campaign was simply wrong. Sarah Palin used a number that sort of applied to the percentage of crude oil reserves out of all AMERICAN crude reserves – and applied it to energy. She just didn’t know the difference. No matter how much you hurt the numbers, Alaska does not supply 18 or 20% of American energy. Which is why you haven’t heard her repeat her mistakes.
Posted by: mara | September 29, 2008, 2:19 pm 2:19 pm
mara, you are a shill for the left. americas known oil shale reserves are at least 1.5 trillion barrels and should be profitable at $40 a barrel. look it up!!! wouldn’t it be nice to find out if it really is profitable!!! by the way has anybody ever heard of an obama/ayres connection?
Posted by: rob roske | September 29, 2008, 2:20 pm 2:20 pm
You’re out of your depth, here, Ryan. Google doesn’t work that way and it would be incredibly inefficient. He probably meant a web site with a search engine although even that would tell you little about the budget because the spending is interlocked. It takes a hefty financial package to data mine that. Basic querying won’t do it, and by the way, it’s easy to game a google search as the last election showed.”
I was using google as short hand for a search engine.
Even more so google or any other search engine can be easily adapted to search only certain terms or sections of the web. There are many ways to modify search engines to perform as you wish from simple tags to more complex algorithms.
As for your last line, perhaps you could tell us why a government agency would google bomb somnething?
There’s someone who doesn’t know what they’re talking about and its not me len.
Posted by: Ryan C | September 29, 2008, 2:20 pm 2:20 pm
“I can’t believe that McCain supporters could possibly turn greater transparency of government spending into a negative. McCain would have made this website happen if he had the technological knowledge as Obama (or any current jr. high student, but I digress). ”
Especially ironic since this effort by Obama & Coburn was an expansion on the original transparency bill that McCain cosponsored.
Posted by: Ryan C | September 29, 2008, 2:22 pm 2:22 pm
I was starting to feel sorry for Palin but guess her sharp tongue is out again.
BTW , I thought the Tina Fey spoof on SNL was just a joke. I didn’t realize she said those words verbatim. As a life-long republican I am highly disappointed. I also understand that during a brief QA on Sat after the debates, she agreed with Obama’s position on Pakistan rather than McCain’s such that he had to correct her statement on ABC. This is just too much!
I watched Obama during the debate and was very impressed by his intellect, composure and forward thinking ideas. This republican will be voting for the democrat this year.
Posted by: Linda | September 29, 2008, 2:23 pm 2:23 pm
FACT the usa has 1.5 trillion barrels of oil in oil shale. it can be extracted and should be profitable at $40 per barrel. let’s find out!!
Posted by: rob roske | September 29, 2008, 2:29 pm 2:29 pm
You McCain zealots should stop whining about bad press, you have your Fox channels. If you can handle critique, go live in your comfort zone and stay ignorant.
Maybe McCain was an authentic leader 10 years ago, but he has sold his soul to these spin-doctors and is now paying the price.
The Palin VP pick was not his first choice, so if someone is to be blamed it’s the Karl Grove cronies. Sad…
Posted by: CLabs | September 29, 2008, 2:31 pm 2:31 pm
Current percentage of natural gas supply from Alaska: 1.9%. Alaska does have enormous reserves – and BP estimates that it will take 10 years and $30 billion dollars to build a pipeline to the lower 48.
Posted by: mara | September 29, 2008, 2:33 pm 2:33 pm
rob roske: “FACT the usa has 1.5 trillion barrels of oil in oil shale. it can be extracted and should be profitable at $40 per barrel.”
Well then, do it. This is America, not socialist Russia. If you think it can be extracted for $40 per barrel, you just have to share how (I strongly suggest you patent your magic idea first) and hire the appropriate people to make it happen using the mountain of investor money that pours in.
Posted by: jhw539 | September 29, 2008, 2:34 pm 2:34 pm
“FACT the usa has 1.5 trillion barrels of oil in oil shale. it can be extracted and should be profitable at $40 per barrel. let’s find out!!”
Wooohoooo strip mining for the whole West!
Posted by: Ryan C | September 29, 2008, 2:36 pm 2:36 pm
Rob – The idea that oil shale can be extracted for $40/barrel is pure fantasy – and the reserves are not exhaustive. They are in the Green River formation, extraction is messy and expensive and quality is about as low as you can get. If extraction was cheap and easy, don’t you think someone at Exxon would have started extraction 30 years ago? The Green River is in two of the reddist states in the US – not known for major environmental oversight. Your information is baloney.
Posted by: mara | September 29, 2008, 2:37 pm 2:37 pm
BARACK’S ‘ORGANIZER’ BUDS PUSHED FOR BAD MORTGAGES
LOOK AT NEW YORK POST FOR By STANLEY KURTZ
Posted by: Kirsten Powers | September 29, 2008, 2:38 pm 2:38 pm
“Thanks ACORN and Barak 0bama! You’ve driven this country to financial ruin. ”
Was already taken care by the Bush-NeoCon cronies.
Posted by: CLabs | September 29, 2008, 2:45 pm 2:45 pm
“It shakes down banks so they give mortgages to unqualified minorites.”
When under stress, racist tendencies tend to surface in right wingers.
They usually suppress these sentiments as they know uttering such sentiments destroys their credibility with anyone but fellow racists.
Posted by: Ryan C | September 29, 2008, 2:49 pm 2:49 pm
The price of oil was barely at $60 per barrel in 2007. Until 2005 it was consistently below $40. There is also a congressional (environmentalist) ban on retrieving oil shale. If we could get rid of the limp wristed, corrupt politicians we would be energy independent overnight and could tell the Saudis to stuff it. What a great day that would be.
Posted by: stjoe | September 29, 2008, 2:49 pm 2:49 pm
John – “How much water does it take to extract the oil shale?” Not as much as you might think… ever hear of the the term “Water reclamation”? You should read up on Syncrude of Canada before your spout your nonsense.
jhw539 said
“Please cite your $30/barrel figure. I strongly suspect you are blatantly lying, but if not you have found an AMAZING investment opportunity (act now! Limited time only I’m sure!).”
It’s actually closer to $14 per barrel but a dollar doesn’t buy much nowadays. Get your wallet out and go buy SynCrude. Oh yeah you can’t buy it directly, you have to buy an oil company that invested in their technology years ago. SynCrude has produced over 1.89 Billion Barrels of Tar Sand oil in the frozen north (water’s frozen up there).
Shell also has the technology for Oil Shale that’s very profitable and less than $40 a barrel. Go look it up!
Posted by: EnergyMain | September 29, 2008, 2:55 pm 2:55 pm
Nonsense. Give some evidence, based on reserves, extraction costs, quality, that proves that oil shale is going to save us. It is not. The areas with Green River oil shale are riddled with red Halliburton trucks right now. Been to eastern Utah lately? If it were an economically viable alternative, the petroleum companies would have been in there in a month. We have been living on borrowed time for decades – and it is not because of environmental reestrictions. It is because we do not have the reserves other countries do – and because no one has asked the American people to cut back. We have 2% of the world’s reserves. We cannot drill our way out of this crisis – if we could have – believe me – the Bush/Cheney administration and their petro-friends would have done it. The Green River formation and the Permian reef reserves in Texas could not be more different – in terms of cost/benefit ratio, accessibility, play, or quality.
Posted by: mara | September 29, 2008, 2:58 pm 2:58 pm
mara – Oil companies are in the business to make money, if you can get something for $2 bucks and sell it for a $100, wouldn’t you rather do that? Probably not! But Oil companies can produce a barrel from $2-$90, which will and do they choose? Oil Shale extraction is currently being done for under $40 a barrel! Tar Sands, under $14 a barrel. But the profit margin from oil produced in other parts of the world are far greater and either the watchdogs don’t exist or can be bought off. Just because oil companies don’t do it, doesn’t mean they can’t.
Posted by: EnergyMain | September 29, 2008, 3:04 pm 3:04 pm
Rob – I’m an independent voter and I’m also a geologist. I actually read the World Oil review and have belonged to AAPG. Do you? Obviously not. Apparently you just make stuff up.
So: since you seem to be an expert – tell me all about oil shale. Let’s start with what the energy resource is mainly used for – and what the problems are with it’s use. Does it go directly to the pump? Is that what the industry suggests?
Posted by: mara | September 29, 2008, 3:13 pm 3:13 pm
Jake, I noticed you’ve finally acknowledged that Canada has the worlds second largest reserves behind Saudia Arabia and ahead of Iran. How did that come about? Suddenly Canada is second in the world? History is once again rewritten based on truth! More oil is discovered every year and we’ve barely begun to look at the other 70% of the earth’s surface… underwater extraction will eventually dwarf our current known world supplies. Just takes time, money and desire.
Posted by: EnergyMain | September 29, 2008, 3:14 pm 3:14 pm
Oaky, energyman – what is oil shale used for and why? How does it compare to Permain reef reserves or Saudi reserves?
Posted by: mara | September 29, 2008, 3:15 pm 3:15 pm
EnergyMain – Where are you getting your information? I’m still waiting for an industry citation. Wikipedia is fun and easy – but it really doesnt stand up to the World Oil review. You’re taking a cheap shot – Green River oil shale is not petroleum – and extraction costs do not equal production costs, let alone prices at the pump.
In any case, both Sarah Palin and John McCain don’t know squat about energy and don’t have the sense to hire people who do. And I still have not seen a single reference to an industry source.
Posted by: mara | September 29, 2008, 3:21 pm 3:21 pm
“I can’t believe that McCain supporters could possibly turn greater transparency of government spending into a negative. McCain would have made this website happen if he had the technological knowledge as Obama (or any current jr. high student, but I digress).”
No one has said that. Transparency is laudable but making a sweeping generalization about web tech that is dead wrong, then trying to claim that as a reason for voting for Obama, well that is exactly what is negative.
Don’t kid the kidders, kid.
Ask Obama to explain the page lifecycle or viewstate handling? Where is the best method for loading controls that change values? No coaching now, no teleprompters. Why is session state problematic? Is the DOM a realistic way to store persistent information?
As with the energy and oil shale subjects, amateurs don’t do this kind of work. Neither does Obama.
Posted by: len | September 29, 2008, 3:45 pm 3:45 pm
Puff up that resume, baby!
She ate General Tso’ Chicken….
Well, that means she ready to lead us to war with China!
Posted by: blip | September 29, 2008, 3:58 pm 3:58 pm
“Ask Obama to explain the page lifecycle or viewstate handling? Where is the best method for loading controls that change values? No coaching now, no teleprompters. Why is session state problematic? Is the DOM a realistic way to store persistent information?”
Last I checked Obama wasn’t the one actually doing the building of the search engine.
But based on your logic perhaps we should ask McCain how he created wireless communications.
Posted by: Ryan C | September 29, 2008, 4:01 pm 4:01 pm
We already know they are both liars…
But how stupid do they think the American people are!
This is there number one issues and they cant even get there facts right!
McCain Palin UNFIT TO LEAD!
Posted by: Alex Independent. | September 29, 2008, 5:19 pm 5:19 pm
“Last I checked Obama wasn’t the one actually doing the building of the search engine.”
And apparently ripped the engine out of the bailout bill as well.
Ryan, there is a lot we can do to put transparency responsibly into these systems. But it won’t be done because it is Obama’s idea or McCain’s idea. It won’t be done because the Beltway spins up yet another gold-ribbon consultant committee that spawns yet another study that ensures the monies allocated are all siphoned away before the first contract is let. Trust me on this because I’ve done this kind of work for a lot of years, and I know what happens when the Beltway drives the bus.
Leave it to the engineers. Kennedy was smart enough to go to Von Braun and that is how we got to the Moon. It wasn’t The Right Stuff, or the plucky Mercury astronauts, or Mission Control in Houston. We got to the Moon because Truman signed off on Operation Paperclip and the US Army smuggled the rocket scientists out of Germany and into the US. A small team of ably led professionals working together for decades toward one goal, given the green light and the funding got us to the Moon.
The rest is fiction and contractors.
So take a flyer on this: if you really want what you say you want, hire the pros and get out of their way.
Posted by: len | September 29, 2008, 6:05 pm 6:05 pm
“The only way this makes sense…” Jake, buddy, what are you, their baby-sitter? You don’t have to try to justify their continued lies, and shows of lack of knowledge on the issues. Just report what they said. We can draw our own conclusions. It’s not “balance” to try and make up excuses for them.
Posted by: Paine in the Thomas | September 29, 2008, 7:25 pm 7:25 pm
He often gets confused and mentally, intellectually lazy; she either lies or
just doesn’t know.
Posted by: Deborah Cunningham | September 29, 2008, 7:51 pm 7:51 pm
I’m seeing a serious error in some replies.
Oil can’t simply be “found” by drilling, it isn’t omnipresent throughout the world. You have pretty specific geological topologies that do or do not have oil, and no amount of drilling will find that which isn’t already there.
Posted by: Dendroica | September 29, 2008, 8:54 pm 8:54 pm
McCain and Palin have made absolutely no mistakes, zero (not to be confused with first letter in obamas name) about their number one domestic issue. prove that they have jake. you can’t.
Posted by: joe montana | September 29, 2008, 9:41 pm 9:41 pm
He just did, Joe.
Posted by: Matt in Jersey City | September 29, 2008, 11:19 pm 11:19 pm
Matt,
Factcheck.org is not the definitive answer to anything except maybe in JOIzEY
Posted by: rr | September 29, 2008, 11:23 pm 11:23 pm
joe montana, if energy is the number one domestic issue (it depends on who’s talking – according to the alaska indepence group it’s government abuse of children) sarah palin and john mccain haven’t said much that IS accurate. sarah palin said that she is an energy expert and that alaska provides 20% of american oil. it does not. it provides less than 4% of US petroleum and less than 2% of natural gas.john mccain calls this gal an energy wiz. john mccain said that america has the world’s largest oil reserves in the world. i’m sorry – but i’m a geologist and I used to work for a firm that had the largest petroleum database in the world. the US has about 2% of the world’s known petroleum reserves. this is also backed up by the oil and gas journal and the world oil review. john mccain needs some decent economic/energy advisors. sometimes people try to throw in Green River oil shale as if that will be our salvation – they talk about new technlogies that make it easier to extract. what they don’t tell you is that oil shale is nasty and low grade and most of can’t be used for petroleum – it goes into other products. then sometimes they say – no, no you don’t understand – sarah palin was talking about natural gas. well that would make sense – except that alaska supplies 1.9% of america’s natural gas. the mccain/palin campaign does not know squat about energy – which is a dangerous thing in these times, since it controls both the economy and foreign policy.
Posted by: mara | September 30, 2008, 12:06 am 12:06 am
Mc Cain& Sarah woudn’t know how
“To tell the truth!!”
Posted by: dennis lontayao | September 30, 2008, 5:06 pm 5:06 pm