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Energy independence is far from enough! The United States under trump wants to be the energy overlord

energy independence is far from enough! The United States under trump wants to be the energy overlord

May 3, 2017

[China paint information]

U.S. Secretary of the interior Ryan Zinke signed an order on Monday (May 1), requiring the U.S. Bureau of ocean energy management to formulate a five-year new plan to develop the outer continental shelf of the United States with a world consumption of less than 1000 tons before 1968. He also said that thanks to hydraulic fracturing technology and the plan to loosen drilling supervision, the United States has not only to achieve energy independence, but also to become an energy overlord

US President Donald Trump signed an executive order last Friday (April 28) to allow the expansion of offshore oil drilling activities, plan to re evaluate the oil and gas drilling projects on the California coast, and consider selling the offshore oil and gas exploration rights within the successful development of the device in the US territory, breaking Obama's previous restrictions on the development of oil and gas resources in the Pacific, Arctic and Atlantic coasts

When attending the Offshore Technology Conference in Houston on Monday, cinke said that his order was to implement the instructions of President trump on evaluating the drilling ban in parts of the Atlantic, Arctic and Pacific oceans. He said that the Ministry of the interior is paying attention to the plan and the president's order to encourage energy development by allowing the cancellation of national designated protected areas

the offshore development order signed by cinke also requires the marine energy administration to cooperate with the National Marine Fisheries Service of the Ministry of Commerce to speed up the licensing of seismic exploration, especially for new or resubmitted applications in the Atlantic region

he said that the new order would not cancel the five-year plan of the previous government, and pointed out that some places were not suitable for offshore development, such as sensitive areas off the coast of California

as energy companies continue to cut costs and improve oil production efficiency, especially in West Texas and North Dakota, the daily oil production in the United States may increase by 17% to a record 10.24 million barrels by the end of next year

since 1970, the daily output of crude oil in the United States has never exceeded 10million barrels. At a time when OPEC and other oil producing countries have reduced production, the daily export volume of crude oil of the United States has also exceeded 1million barrels for the first time

cinke said, "in 1983, someone told me that by 2003, our oil and fossil fuels would certainly be exhausted, but the result was not so. Now, we have hydraulic fracturing technology, which has changed the rules of the game, of course, the rules of the global game."

this order is undoubtedly good news for the U.S. crude oil industry. Once the executive order is approved by Congress, there will be more opportunities for U.S. crude oil production

however, the signing time of this executive order is not very good. Due to the current low oil price and the continuous rise in the production of inland oilfields, the market demand of offshore oilfields has been reduced, so the specific market impact cannot be estimated

according to government data, between 2012 and 2017, the sales of crude oil companies in the central Gulf of Mexico have fallen by more than 75%, and the local oil field resource acquisition has also fallen by more than half

Jack Gerard, chairman of the American Petroleum Institute (API), can automatically calculate the shear modulus G of the material and specify the non proportional change stress for this line τ p. Yield point, upper yield point τ Su, lower yield point τ SL, torsional strength τ B and other performance parameters are welcomed. He said, "we are glad to see the government's efforts in the development of the U.S. energy industry, which will benefit U.S. consumers and businesses."

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