Gulf of Mexico Oil Production still down 21.63%.

[naterprius]

Oil production in the Gulf of Mexico is still 21.63% down from Pre-Katrina levels.

In the past two weeks, it went from down 22.27% to down 21.63%. Not much improvement yet.

That's 324,445 Barrels of Oil Per Day still not being pumped.

Next report in two weeks.

Nate

[tripp]

<div class='quotetop'>QUOTE(naterprius @ May 3 2006, 05:26 PM) [snapback]249378[/snapback]</div>

Oil production in the Gulf of Mexico is still 21.63% down from Pre-Katrina levels.

In the past two weeks, it went from down 22.27% to down 21.63%. Not much improvement yet.

That's 324,445 Barrels of Oil Per Day still not being pumped.

Next report in two weeks.

Nate
[/b]

you go girl! I'll keep my eye out for the next installment. Whatever keeps us moving in the right direction is fine by me.

[dbermanmd]

<div class='quotetop'>QUOTE(naterprius @ May 3 2006, 07:26 PM) [snapback]249378[/snapback]</div>

Oil production in the Gulf of Mexico is still 21.63% down from Pre-Katrina levels.

In the past two weeks, it went from down 22.27% to down 21.63%. Not much improvement yet.

That's 324,445 Barrels of Oil Per Day still not being pumped.

Next report in two weeks.

Nate
[/b]

Kind of points out the lunacy of putting all your eggs, or least barrels of oil, in one or two baskets. We should start drilling in ANWAR, off the coasts, etc. Get domestic supply up and refinary capacity up and do it quickly.

Interesting how the Democrats just vetoed a bill two days ago to decrease the red tape to build or expand refinaries and ease drilling rights off the coasts.

And when the next big storm knocks out the rigs in the Gulf of Mexico again, this time a little better, where will we be??

[tripp]

<div class='quotetop'>QUOTE(dbermanmd @ May 4 2006, 11:33 AM) [snapback]249766[/snapback]</div>

And when the next big storm knocks out the rigs in the Gulf of Mexico again, this time a little better, where will we be??
[/b]

We'd be in EXACTLY the same place that we'd be if we approved all of the drilling projects that you're proposing. It takes time to develop fields. You don't just stick straws in the ground and start pumping. It's not that easy. In the short term there is no other solution than conservation. Increasing fuel efficiency and conservation efforts would do a lot more than increasing our domestic oil supply (what little is left). We HAVE to move away from a gasoline based transportation sector unless we want to be beholden to the whims of weather and those that don't like us. We have 2% of the world's proven oil reserves yet we consume ~23.5% of the global production. Obviously, the situation is not sustainable. Short sighted band aids, like ANWR aren't going to solve our problem because, with so many of our fields in decline, we'll just be able to keep our heads above water with the new production.

BTW, we don't have all of our eggs in one basket. The gulf of mexico is just one of the many areas where we produce oil in this country.