Sunday, November 06, 2022 11:37:57 AM
Buffoon-den is trying to sell you a full load of his ‘malarkey’. Even the DOI and the BOEM do not believe in the lunatic rhetoric that says we will be ending fossil fuels. At least we will not do it willingly, which is the reason change is coming. I do “hope” for “change”.
These charts plainly spell it out and reinforce what many on this board have been saying all along…. Oil and gas is going to be around for the long haul.
Notice that the continuing OCS GOM oil production is expected to experience multiple record years of growth through 2031.
And look for those GOM natural gas numbers to significantly increase once a new administration begins making the calls. We need it.
That may take some of the ‘wind’ out of their turbines, and ‘rain’ on the solar collectors. After all, we should make an effort to have electricity be a better value for consumers. Even for EV drivers.
Also, note that the GOM forecast clearly indicates that ‘undiscovered resources’ are a critical part of our future. And the Tau lease is considered to be an ‘unrisked recoverable resource’ that fits comfortably into that category.
https://www.boem.gov/sites/default/files/documents/regions/gulf-mexico-ocs-region/US%20OCS%20GOMR%20Oil%20and%20Gas%20Production%20Forecast%202022-2031.pdf
And this is from the ‘we support 100% renewables’ crowd. Think what the next forecast might look like once the ‘we want energy independence’ party begins running the show.
So a commitment to much more exploration and drilling is to be expected. Bodes well for Gulfslope Energy and Tau 2.
Cheap Renewables? Blah-blah-blah-blah. No, Buffoon-den.
Two days, folks.
Meet you on the other side.
Woooo-Woooooo!
Mrs. Smith
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