Massive Oil Discovery in Alaska & OPEN THREAD

From KTLA5:

Some 1.2 billion barrels of oil have been discovered in Alaska, marking the biggest onshore discovery in the U.S. in three decades.

[T]he massive find of conventional oil on state land could bring relief to budget pains in Alaska brought on by slumping production in the state and the crash in oil prices.

The new discovery was made in just the past few days in Alaska’s North Slope, which was previously viewed as an aging oil basin.

Spanish oil giant Repsol and its privately-held U.S. partner Armstrong Energy announced the find on Thursday, predicting production could begin as soon as 2021 and lead to as much as 120,000 barrels of output per day.

The oil resources lie in a well, called Horseshoe, that’s 75% owned by Denver-based Armstrong. Repsol owns the rest of this well.

The discovery is 20 miles south of where the two companies have already found oil in a project known as Pikka. That northern project is already in early development and is 51% owned by Armstrong, which is the operator on both developments.

“The interesting thing about this discovery is the North Slope was previously thought to be on its last legs. But this is a significant emerging find,” Repsol spokesman Kristian Rix told CNNMoney.

Of course, this news won’t ease rising concern among investors about the stubborn glut of oil in the U.S. There are increasing signs that shale oil producers are preparing to ramp up output after surviving a two-year price war with OPEC.

This news, of course, may dampen the spirits of our resident Chicken Little, but to the rest of us, Oil Armageddon can perhaps be put off indefinitely.

Weekend Caption Contest™ Winners Week of March 10, 2017
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  • Scalia

    Sessions asks remaining Obama attorneys to resign:

    Attorney General Jeff Sessions has asked the remaining 46 U.S. attorneys who served under the Obama administration to resign, the Justice Department announced Friday, describing the move as part of an effort to ensure a “uniform transition.”

    The department said some U.S. attorneys, as in prior transitions, already had left the department. Now, “the Attorney General has now asked the remaining 46 presidentially appointed U.S. Attorneys to tender their resignations,” a spokeswoman said.

    “Until the new U.S. Attorneys are confirmed, the dedicated career prosecutors in our U.S. Attorney’s Offices will continue the great work of the Department in investigating, prosecuting, and deterring the most violent offenders,” the statement added.

    Department of Justice spokesperson Peter Carr told Fox News late Friday night: “The President called Dana Boente and Rod Rosenstein tonight to inform them that he has declined to accept their resignation, and they will remain in their current positions.”

    However, no additional guidance was given on U.S. Attorney General for the Southern District of New York Preet Bharara, who was appointed by then-President Barack Obama and assumed the role of Manhattan U.S. Attorney in 2009. Bharara met with Trump in November and said after the meeting that he had agreed to stay on.

    It is customary, though not automatic, for the country’s 93 U.S. attorneys to leave their positions once a new president is in office. Incoming administrations over the past several decades typically have replaced most U.S. attorneys during the first year or two.

    • Business as usual.

    • pennywit

      Preet Bhahara was fired over the weekend after he refused to resign. This is all normal transition stuff, not really heavy news, honestly. I do hope President Trump fills these positions with more urgency than he is filling the sub-Cabinet positions at agencies, though.

      • pennywit

        (Side note: I’d love to know what gave Bhahara the impression Trump wanted to keep him on).

        • Scalia

          Yeah, it’s all pretty standard stuff. I at first wondered what the big deal was about, then I remembered that anything Trump does is Apocalypse Now with the MSM.

          • pennywit

            The real story, IMO, is what direction Donald Trump will expect prosecutors to take going forward.

          • Retired military

            Something not having to do with diversity and global warming as top priorities. (I Hope).

          • We really don’t need more laws – there’s no magical number at which they start enforcing themselves. We need enforcement of the laws currently existing… and I wouldn’t mind seeing a simplification to the point where you don’t need 4 years of legal training to interpret what should be fairly clear to someone with a HS education, either…

          • pennywit

            I wouldn’t mind seeing a simplification to the point where you don’t need 4 years of legal training to interpret what should be fairly clear to someone with a HS education, either…

            Keeps me in work.

          • Well, there’s that.

            Talked with a friend who’s a lawyer over with the county, he laughed and said that was a lot of the point of legal language – to make sure only lawyers could understand and interpret it.

            I joked back that we have a secular priesthood now, interpreting what the sacred texts hold. He said it keeps them in business.

            Sorry, but I’m not sure that’s a good thing for the country.

          • pennywit

            I hope you realize my comment is about 75 percent schtick.

            Sorry, but I’m not sure that’s a good thing for the country.

            In seriousness, I wouldn’t mind seeing a top-to-bottom review laws and of US government structure, conducted with an eye toward constitutionality, effectiveness, and efficiency, and conducted by a mix of attorneys, subject-matter experts, and laypeople. The idea would be to review laws, services, and regulations at a granular level. I don’t think that sort of inquiry can happen in today’s political environment, though. It’s way, way too toxic and partisan.

          • It’s a good idea, and a badly needed one – regardless of how toxic and partisan it could become.

          • Scalia

            I would hope that they’d focus on enforcing existing laws rather than lobby for new ones we don’t need. Obama pushed lobbied hard to get new gun legislation while his administration dragged its feet with those we already have.

          • pennywit

            I really wish they’d step back and leave (state-level) marijuana businesses alone. But I think that’s not going to happen with this attorney general.

          • Scalia

            While I agree that the legalization/prohibition of recreational marijuana use is a province of the states, excepting the legitimate federal regulation of interstate commerce, I would rather see the federal law repealed than to have the feds ignore it. If the People think that a law is outdated, then get rid of it. In my book, ignoring it is not an option.

          • pennywit

            I’m in the middle ground on that one, and my opinion shifts depending on the specific subject matter and (especially) possible conflict of laws.

          • “One Apocalypse special with a side order of Outrage and a 32-ounce Angst to go!

            (“Angst, the IPA that’s as sweet as the bitter tears of your enemies…”)

        • Scalia

          I think Conrad Black said it best:

          The most entertaining episode of this new phase was the spectacle of Preet Bharara, the U.S. Attorney for the Southern District of New York, who had been delighted to tell us that he would “consider” serving the new administration, spluttering with incredulous rage when asked to resign, and winning the Sally Yates prize for abrupt dismissals from high legal positions for March, when Trump effectively uttered the uplifting words: “You’re fired.” Bharara is the apogee of publicity-seeking abuse of his prosecutorial office, of the evils of trial by media and by the corruption of the plea bargain: the extortion of inculpatory perjury with threats of prosecution and a promise of immunity from prosecution no matter how mendacious the resulting testimony. Unfortunately, the flush and flabby lair of Big Law will doubtless embrace him cozily.

  • Scalia

    Mnuchin calls for Congress to raise federal debt limit:

    The U.S. Treasury Secretary on Thursday encouraged Congress in a letter to raise the federal debt ceiling, which has been suspended since 2015, as soon as possible to prevent a U.S. default.

    Reuters reported that Secretary Steven Mnuchin wrote a letter to Speaker Paul Ryan and called paying back the U.S.’s outstanding debt “is a critical commitment.” He said “extraordinary measures” will have to be taken to avoid default.

    It is not uncommon for Congress to use the debt ceiling as a bargaining chip with the sitting administration. But Republicans control the House. Some of these Republicans may challenge President Trump on the debt ceiling like they are with his ObamaCare replacement.

  • Scalia

    Keeping themselves in high hair-on-fire mode, the ACLU Launches Nationwide Training on Protest Resistance:

    CORAL GABLES, Fla. (AP) — The American Civil Liberties Union staged a nationwide training event Saturday to make sure people are aware of their rights as protesters and urge organized, public resistance by those opposed to policies of President Donald Trump.

    Organizers said the event at a sports arena on the University of Miami campus was livestreamed to locations in all 50 states. ACLU Executive Director Anthony Romero said 200,000 people had signed up to attend one of an estimated 2,000 local events.

    The event, staged in town hall style, was aimed at capitalizing on numerous demonstrations since Trump’s election in November and to make sure people know their rights to protest, Romero said. He said priority issues are immigration, the First Amendment free speech and religious freedom rights, civil and reproductive rights and rights of gay, lesbian and transgender people.

    “We will bring all the lawsuits necessary to defend these rights,” Romero said. “We’ll do the work in the courts. You do the work in the streets. People are motivated. They want to be engaged.”

    […]

    Another plan is creation of “freedom cities” around the country that would encourage local officials to pass laws resisting Trump policies such as stepped-up deportations of people living in the country illegally, said Faiz Shakir, ACLU national political director.

    […]

    “The government can’t censor you just because it disagrees with your opinion,” Rowland said.

    Never mind that nobody from the administration has tried to censor anybody, but when you’re lying to score political points, all’s fair, right? And what in the world are rights? These liberal kooks can’t appeal to any law enunciating rights because one of their stated purposes is to flout our immigration laws. You cannot consistently ask people to respect the law while you simultaneously trash it. Then again, liberals are normally logically challenged, so behavior like this is to be expected.

  • Scalia

    Suspect In House IT Security Probe Also Had Access To DNC Emails:

    Imran Awan — the lead suspect in a criminal probe into breaches of House of Representatives information security systems — possessed the password to an iPad used by then-Democratic National Committee Chairperson Debbie Wasserman Schultz when DNC emails were given to WikiLeaks, The Daily Caller News Foundation Investigative Group has learned.

    Wasserman Schultz resigned the DNC post in the wake of WikiLeaks posting damaging internal emails, blaming the scandal on hacking by Russians.

    Imran and his family members, all of whom worked as IT professionals for members of Congress, were banned from the House network Feb. 2, 2017, by the House Sergeant at Arms, but Wasserman Schultz has declined to fire him and circumvented the ban by having him “advise” her office.

    WikiLeaks emails show that although Imran was employed by her taxpayer-funded House office, the Florida Democrat’s world — and iPad — mixed DNC, House and campaign business, and that Imran was on call for, and on a first-name basis with, top DNC staff.

    Garret Bonosky, deputy director of the DNC, wrote in a May 4, 2016 email: “Amy — I will call you shortly. I have to get this ipad thing figured out. Need to make sure I have her username and password.”

    DNC Assistant to the Chair Amy Kroll responded: “I do not have access to her ipad password, but Imran does.”

    Bonosky replied: “Just gave AK the cell phone for Imran.”

    Kroll responded: “Just spoke to Imran, call me whenever GB and I’ll update you.”

    WikiLeaks began publishing July 26, 2016, “44,053 emails and 17,761 attachments from the top of the U.S. Democratic National Committee … The leaks come from the accounts of seven key figures in the DNC.”

    Past interim DNC Chair Donna Brazile initially claimed after the emails became public that they were fabricated, then switched explanations and said the Russians stole them.

    The FBI requested access to the DNC’s server to find out who was responsible, but the DNC refused, FBI Director James Comey said, according to The Hill.

    Politico reported that New York Rep. Gregory “Meeks and, to a larger extent, Wasserman Schultz, are said to have a friendly personal relationship with Awan and his wife, according to multiple sources.”

    […]

    Wasserman Schultz spokesman David Damron did not respond to questions about whether the stolen emails might have come from Imran. Damron also declined to respond when asked if Wasserman Schultz has stronger evidence the theft was committed by a Russian.

    Computer security experts say the most common threat comes from someone abusing a position of trust, trusting the wrong person or a perpetrator manipulating someone using “social engineering” to gain access; all such explanations defy the prevalent stereotype of distant strangers using high-tech tricks.

    • How about that Iranian attempt to influence the Presidential Election…

      • yetanotherjohn

        Next week, Albanians bought the election.

        • Retired military

          Notice you don’t hear anything in the MSM about Hillary’s staff meeting numerous times with the Russian ambassador

  • Scalia

    Kremlin spokesman: Russian ambassador met with advisers to Clinton campaign too:

    Russian President Vladimir Putin’s spokesman said in an interview Sunday that the Russian ambassador who met with Trump campaign officials also met with “people working in think tanks advising Hillary or advising people working for Hillary.”

    “Well, if you look at some people connected with Hillary Clinton during her campaign, you would probably see that he had lots of meetings of that kind,” Dmitry Peskov told CNN “GPS” host Fareed Zakaria. “There are lots of specialists in politology, people working in think tanks advising Hillary or advising people working for Hillary.”

    Peskov said it is the job of Russian Ambassador Sergey Kislyak to meet with officials on both sides to talk about “bilateral relations.”

    Peskov also defended those meetings, saying they were not an attempt to interfere in the 2016 election.

    “But there were no meetings about elections — electoral process … So if you look at it with intention to demonize Russia, you would probably say that, yes, he was trying to interfere in Hillary’s activities. But it would be nonsense, because this is not true,” Peskov said.

    https://youtu.be/_OHlmf7vuJY

  • Retired military

    But but oil is going to run out soon. Just ask David.

    • jim_m

      It would if the left were in charge. 0bama is probably cursing the fact that he hadn’t somehow outlawed drilling for oil there.

    • yetanotherjohn

      Obviously a typo. David assured us that an oil shortage was just around the corner. Probably the story really meant to say 1.2 billion barrels of oil were found NOT to exist.

  • Retired military

    BTW have you noticed that the hair on fire from the leftists seems to have slowed a tad.
    Seems that when Trump starts asking for independent counsels and investigations the roaches go and scatter.

    • yetanotherjohn

      Did they suddenly notice the tripwire, are they just getting tuckered out always having it at 11 or are they realizing that when everything is an epic crisis, nothing is?

      • Retired military

        Maybe some of them actually came to the realization that with Trump cutting off their left wing slush funds they may actually have to work to make a living.

      • Our political elite thought they were the smartest people in the room.

        And as long as they were the only ones in the room, they were.

  • Brian Brandt

    There are increasing signs that shale oil producers are preparing to
    ramp up output after surviving a two-year price war with OPEC.

    I guess this means that I hold off until Fall to write my next contract with my heating oil provider instead of doing it this week. I was going to go in tomorrow and lock in 600 gallons at the current price.

    • yetanotherjohn

      I have a nephew who sells drilling tools in the west Texas oil patch. Last couple of years have been tough, but he just had his first in a while $1M a month worth of sales. After a series of lay offs, they are starting to hire salesmen again. The problem for OPEC is that the shale producers are already profitable at a price very painful for OPEC. Further, the shale producers continue to innovate which means increases in provable reserves (sorry to bust your peak oil bubble David) and makes OPEC’s position more and more untenable. Have you hugged a fracker today?

      Think about the role capitalism plays in the US dealing with the rest of the world. I remember when we were all turning Japanese and now, not so much. OPEC had us over a barrel and now they are over the barrel. The soviet union economy collapsed as we surged ahead. Now the Chinese seem to be stumbling. A federal government that has a clue about business may be just the ticket for creating the climate that makes the world safer and the US more successful.

    • pennywit

      I guess this means that I hold off until Fall to write my next contract with my heating oil provider instead of doing it this week. I was going to go in tomorrow and lock in 600 gallons at the current price.

      Why does this sound like a real-estate agent to me?

      • Brian Brandt

        Hold on. Wait until I put on my Realtor.com tie and polyester sport coat.

        • pennywit

          I swear, we could be in the middle of nuclear Armageddon, and realtors would still be saying, “It’s a good time to buy!!”

  • Retired military

    This column could be renamed as
    Real life explodes liberal fantasies yet again.

  • Retired military

    After reading this article you would think that the Obama admin had no interest in helping Afghanistan with its problems.

    http://ijr.com/2017/03/822619-i-had-dinner-with-the-afghanistan-ambassador-what-he-said-about-the-differences-between-trump-obama-is-stunning/?utm_source=facebook&utm_medium=social

    I’ve personally met with President Trump at Mar-a-Lago and the president has had two phone conversations with President Ghani [The president of Afghanistan]. One call was after he won the election and one after [Trump] became president. Before the calls, we were advised to keep conversations short because, we were told, Trump will not be interested in the details of the call and does not have a long attention span, so it would be pointless to have a long call.

    However, we were pleasantly surprised at how much time President Trump spent asking very informed questions. The first time the presidents spoke, the questions Trump asked impressed us. “How can you win in this fight [against terrorism]?” he asked. “What do you need to become financially independent?” and “How can American business invest in Afghanistan? How can we develop businesses and mining in your country?”

    Trump would listen intently after each question, often asking follow-ups. Trump’s second call with our president was even longer than the first. Asking these types of questions for our country is something the Obama administration never did. The Obama administration was the most academic administration we have ever had to deal with but the Trump administration has been the most thoughtful and intelligent.

    • Scalia

      That’s typical of Obama’s approach. He could pass himself off to an adoring press as intelligent, but his lack of real-world experience made him ineffective. Community organizers can only do so much. Liberal soundbites and his sieg-heil voting for everything leftist was the best he could do.

    • “But he’s STOOOOOPID!!11!” said all the political elite.

      Yeah. Funny how every time they get into a fight with him they lose.

      • Retired military

        Not too mention that he talks MEEEEEEEEEAAAAANNNNNNNNNN!!!! and you cant talk mean because it would turn off moderates.

  • Retired military

    It took about 60 years to defeat communism in Russia even though it still is kicking its legs it is far from the monster of the 1950s to the 1970s where school kids hid under their desks in nuclear bomb drills.

    Liberalism has last about the same amount of time and we can only hope that it will go a bit more quietly than kicking and screaming into irrelevance

    http://www.americanthinker.com/articles/2017/03/the_end_of_the_worldfor_liberals.html

    A powerful mental construct – the liberal myth of a progressive utopia brought about by surrender of the individual to state control – is at risk of being swept away by a great movement to free consciousness from the controlling ideas of the liberal past. As Shelby Steele wrote in a remarkable March 6 op-ed (“The Exhaustion of American Liberalism”), we stand “at the end of something,” that something being the radical mindset that has dominated so much of American intellectual life since the 1960s.

    “The jig is up.” Liberalism no longer possesses the moral authority to control our national politics.

    Liberals are terrified of Trump because they know that their great myth, once the light of consciousness has been shined on it, will dissolve as quickly as a grain of salt in water. As Steele puts it, the “president rolls his eyes when he is called a racist, and we all – liberal and conservative alike – know that he isn’t one.” Elizabeth Warren’s Jeff Sessions rant was just that: a hysterical rant, and everyone knows it. “White guilt,” and all that goes with it, is now just tiresome noise. There is no reality to liberals’ mental myth of the enlightened state. Once it comes under awareness, it dissolves.

  • Retired military

    I saw Logan this past weekend. It was depressing as hell. I daresay it was the most depressing movie I have seen in years.

    • Yeah, it was pretty grim. But it does bring some characters to an end, and clears the way for a reimagining of the whole franchise.

  • Olsoljer

    No surprises here. During the latter parts of the 70’s ARCO drilled on the fringes of the ANWR and hit a formation that damn near blew the rig off the ground. They capped it, moved the rig, and last I heard it was classified as a “tight hole” (no one talks about it) and is still closed in.

  • Retired military

    Here’s a golden oldie for David and his progressive friends

    http://dailycaller.com/2014/12/05/obama-in-2012-we-cant-just-drill-our-way-to-lower-gas-prices/

    Obama “‘We Can’t Just Drill Our Way To Lower Gas Prices’”

  • Scalia

    From the Poughkeepsie Journal:

    NEW YORK (AP) – New York education officials are poised to scrap a test designed to measure the reading and writing skills of people trying to become teachers, in part because an outsized percentage of black and Hispanic candidates were failing it.

    The state Board of Regents on Monday is expected Monday to adopt a task force’s recommendation of eliminating the literacy exam, known as the Academic Literacy Skills Test.

    […]

    The reformers believe tests like New York’s Academic Literacy Skills Test can serve to weed out aspiring teachers who aren’t strong students.

    But the literacy test raised alarms from the beginning because just 46 percent of Hispanic test takers and 41 percent of black test takers passed it on the first try, compared with 64 percent of white candidates.

    A federal judge ruled in 2015 that the test was not discriminatory, but faculty members at education schools say a test that screens out so many minorities is problematic.

    “Having a white workforce really doesn’t match our student body anymore,” Soodak said.

    Kate Walsh, the president of National Council on Teacher Quality, which pushes for higher standards for teachers, said that blacks and Latinos don’t score as well as whites on the literacy test because of factors like poverty and the legacy of racism.

    “There’s not a test in the country that doesn’t have disproportionate performance on the part of blacks and Latinos,” Walsh said.

    But she said getting rid of the literacy test would be “a crying shame.”

  • Scalia

    1 dead after NC grandfather fires back at trio in attempted rape of teen granddaughter, sheriff says:

    A grandfather shot back and is believed to have killed a suspect in a home-invasion and attempted rape of his teen granddaughter on Monday night, Robeson County Sheriff’s officials said.

    The grandfather was also shot – but he also managed to shoot the 2 other suspects in the home-invasion and attempted rape, said Maj. Anthony Thompson with the Robeson County Sheriff’s Office.

    The incident started around 10 pm at a house on Yedda Road in Lumberton on Monday night when someone knocked on the home of the grandfather, his wife and their 19-year-old granddaughter, according to the sheriff’s office.

    Two of three men – all wearing black clothes, ski masks and gloves — stormed into the house and demanded money, officials said.

    The grandfather and his wife ended up in the back of the house and were directed at gunpoint to open a safe. The three men were all armed and tried to rape the teen girl, officials said.

    The 67-year-old grandfather managed to grab a gun and shot all three of the suspects. The suspects fired back and the grandfather was hit several times, deputies said.

    The grandfather remains in critical condition.

    • I wish the Grandfather a speedy recovery and the perpetrators a lingering and painful death.

  • Retired military

    Without the nanny state how did we ever grow up?

  • Retired military

    Rachel Maddow – Trump tax returns from 2005. LOL. A whole bunch of nothing. Trump should sue Maddow and MSNBC as well as announce a special prosecuter being appointed to investigate Hillary and the Clinton Crime Family foundation.