90 Miles From Tyranny

Friday, January 19, 2018

The 90 Miles Mystery Box: Episode #141

You have come across a mystery box. But what is inside?

It could be literally anything from the serene to the horrific,

from the beautiful to the repugnant,

from the mysterious to the familiar.

If you decide to open it, you could be disappointed,

you could be inspired, you could be appalled.

This is not for the faint of heart or the easily offended.

You have been warned.

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US Poised to Shatter Records for Oil Production, Gas Exports

The U.S. is well on its way to becoming a net exporter of natural gas for the first time in decades after breaking an annual record for oil production, according to the latest government data.

The U.S. Energy Information Administration expects the U.S. to become a net natural gas exporter once it’s compiled all the data for 2017. The U.S. is sending more gas to Mexico via pipeline and shipping more liquefied natural gas overseas.

It’s good news for President Donald Trump’s administration, which has been promoting an “energy dominance” agenda for the past year, but the implications could be farther reaching. Unleashing U.S. energy exports has the potential to upset longstanding geopolitical and economic arrangements across the world.

The Energy Information Administration expects the U.S. to have the third-largest gas liquefaction capacity in the world by the end of 2019, behind Qatar and Australia, assuming all such projects underway are finished on time. The administration also expects a doubling of gas pipeline capacity to Mexico, furthering pushing up exports.

That news came about after the administration released its short-term U.S. energy outlook this January. In that report, the statistics agency projected U.S. crude oil production averaged 9.3 million barrels per day in 2017.

Production is projected to further increase through the next year, averaging 10.3 million barrels per day and breaking the record set in 1970 of 9.6 million barrels per day. Production could average 10.8 million barrels per day in...