{"id":10895,"date":"2015-08-11T07:48:12","date_gmt":"2015-08-11T12:48:12","guid":{"rendered":"http:\/\/olduvai.ca\/?p=10895"},"modified":"2015-08-11T07:48:12","modified_gmt":"2015-08-11T12:48:12","slug":"lifting-ban-on-u-s-crude-oil-export-would-enable-massive-fracking-expansion","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=10895","title":{"rendered":"Lifting Ban On U.S. Crude Oil Export Would Enable Massive Fracking Expansion"},"content":{"rendered":"
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Lifting Ban On U.S. Crude Oil Export Would Enable Massive Fracking Expansion<\/a><\/h3>\n

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In a recent\u00a0Washington Post editorial<\/a>\u00a0supporting oil industry efforts to lift the existing ban on exporting crude oil produced in America, the editors\u00a0stated:<\/p>\n

\u201c<\/span>The most serious objection to lifting the ban comes from environmentalists who worry that it would lower fossil fuel prices and lead to more oil\u00a0consumption.\u201d<\/p>\n

And then they make the case that this is actually a positive as there may be some\u00a0negotiations<\/a>\u00a0that result in support for \u201cenergy research funding, efficiency programs or, in an ideal world, a charge on carbon dioxide emissions to the package could balance its possible effects on the\u00a0environment.\u201d<\/p>\n

In an ideal world, the climate wouldn\u2019t be changing either. But we don\u2019t live in an ideal world, do we? And the oil industry usually gets what it wants and environmental concerns go by the wayside regardless of who is in the White House. See\u00a0arctic drilling permits<\/a>\u00a0for recent\u00a0proof.<\/p>\n

Existing Export Ban Limits Ability of Fracking Industry to\u00a0Expand<\/h3>\n

The reality is that lifting the oil export ban will result in large increases in fracking for oil in the\u00a0U.S.<\/span><\/p>\n

At the annual\u00a0Energy Information Administration conference<\/a>\u00a0in Washington,\u00a0D.C.<\/span>\u00a0in June, Harold Hamm,\u00a0CEO<\/span>\u00a0of fracking giant Continental Resources, presented a slide that predicted oil production could reach 20 million barrels per day by 2025 if the crude export ban is repealed.<\/p>\n

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\nThat is a massive increase over the existing amount of oil produced by fracking (aka \u201ctight oil\u201d) in the\u00a0U.S.<\/span>\u00a0Tight oil current accounts for approximately half of the\u00a09 million barrels a day of oil<\/a>\u00a0produced in the\u00a0U.S.<\/span>\u00a0To get to Hamm\u2019s predicted production levels that means a doubling or tripling of the scale of the current tight oil fracking\u00a0industry.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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…click on the above link to read the rest of the article…<\/p>\n","protected":false},"excerpt":{"rendered":"

Lifting Ban On U.S. Crude Oil Export Would Enable Massive Fracking Expansion In a recent\u00a0Washington Post editorial\u00a0supporting oil industry efforts to lift the existing ban on exporting crude oil produced in America, the editors\u00a0stated: \u201cThe most serious objection to lifting the ban comes from environmentalists who worry that it would lower fossil fuel prices and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3,4],"tags":[141,5317,251,267,331,2775],"class_list":["post-10895","post","type-post","status-publish","format-standard","hentry","category-energy-2","category-environment","tag-climate-change","tag-desmog-blog","tag-eia","tag-energy-information-administration","tag-fracking","tag-us-oil-export-ban"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10895"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10895\/revisions"}],"predecessor-version":[{"id":10896,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10895\/revisions\/10896"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}