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Originally Posted by padthaiforlunch
That's some kool-aid you're drinking.
Based on other posts you have made, I really wouldn't be surprised if you are on ...
Based on other posts you have made, I really wouldn't be surprised if you are on an FBI watch list.
You're a complete jackazz! Lol, let them arrest me what good would it do? There is no way to prove what I saw or did! Oh, except my neurological condition! er...wait that could just be a result of something else? Maybe household cleaners! Na man I will be looked at as a crazy just like all the vietnam vets who claimed stuff like that happened. You can say what you want posting your "factual" statistics from our ever so truthful government agencies! Ya they have no reason to lie to us! You're right!
Oh I dunno. Let's get grounded. A billion is a thousand million. A trillion is a million million. The Department of Energy estimates that the shale deposits constitute a reserve of two trillion barrels of oil. Two trillion here and two trillion there and pretty soon it adds up.
Winter
Couldn't find a DOE estimate. Their site sent me to EIA. From a report found on that site:
Shale oil. The term “oil shale” is something of a misnomer. First, the rock involved is not a shale; it is a calcareous mudstone known as marlstone. Second, the marlstone does not contain crude oil but instead contains an organic material, kerogen, that is a primitive precursor of crude oil. When oil shale is heated at moderate to high temperatures for a sufficient period of time, kerogen can be cracked to smaller organic molecules like those typically found in crude oils and then converted to a vapor phase that can be separated by boiling point and processed into a variety of liquid fuels in a distillation process. The synthetic liquid distilled from oil shale is commonly known as shale oil. Oil shale has also been burned directly as a solid fuel, like coal, for electricity generation. The global resource of oil shale base is huge—estimated at a minimum of 2.9 trillion barrels of recoverable oil [55], including 750 billion barrels in the United States, mostly in Utah, Wyoming, and Colorado [56]. Deposits that yield greater than 25 gallons per ton are the most likely to be economically viable [57]. Based on an estimated yield of 25 gallons of syncrude from 1 ton of oil shale, the U.S. resource, if fully developed, could supply more than 100 years of U.S. oil consumption at current demand levels.
There are two principal methods for oil shale extraction: underground mining and in situ recovery. Underground mining, followed by surface retorting, is the primary approach used by petroleum companies in demonstration plants built in the mid to late 1970s. In this approach, oil shale is mined from the ground and then transferred to a processing facility, where the kerogen is heated in a retort (a large, cylindrical furnace) to around 900 degrees Fahrenheit and enriched with hydrogen to release hydrocarbon vapors that are then condensed to a liquid. There is some risk that, despite its apparent promise, the underground mining/surface retorting technology ultimately will not be viable, because of its potentially adverse environmental impacts associated with waste rock disposal and the large volumes of water required for remediation of waste disposal piles.
A comprehensive in situ process is currently under experimental development by Shell Oil [58]. Shale rock is heated to 650-750 degrees Fahrenheit, causing water in the shale to turn into steam that “microfractures” the formation. The in situ process generates a greater yield from a smaller land surface area at a lower cost than open-pit mining. The technology also avoids several adverse issues connected to mining and waste rock remediation, minimizes water usage, and has the potential to recover at least 10 times more oil per acre than the conventional surface mining and retorting process; however, it could take as long as 15 years to demonstrate the commercial viability of the Shell in situ process. For a conventional mining and retorting process, $55 to $70 per barrel (2004 dollars) is the estimated breakeven price. That estimate is based in part on technical literature from the late 1970s and early 1980s, however, and thus may no longer be relevant today. The older estimates are likely to understate the cost of waste rock remediation. Advances in equipment technology over the years could increase operating efficiencies and reduce costs. A 1 million barrel per day shale oil industry based on underground mining/surface retorting would require mining and remediation of more than 500 million tons of oil shale rock per year—about one-half of the annual tonnage of domestic coal production. The process would also consume approximately 3 million barrels of water per day [59].
A 2005 industry study prepared for the National Energy Technology Laboratory estimates that crude oil prices (WTI basis) would need to be in the range of $70 to $95 per barrel for a first-of-kind shale oil operation to be profitable [60] but could drop to between $35 and $48 per barrel within a dozen years as a result of experience-based learning (“learning-by-doing”). In the AEO2006 high price case, assuming the use of underground mining with surface retorting, U.S. oil shale production begins in 2019 and grows to 410,000 barrels per day in 2030.
I'm not against all drilling. It should be part of a rounded energy policy. It will NOT bring down gas prices in the short term.
Once again, you're reading things into what is not there.
What I AM stating is that neither you nor I know The Truth. Once we were kicked out of Saudi Arabia, we have no official way of knowing. We are going with what the Saudis say. I personally don't believe it.
As far as proven reserves in any US territory, again, how would we know? It's like calling the IRS with a question and believing the answer. Statistically, they're wrong what, 80% of the time?
Let's just deal with the here and now.
Once again, you ignore my point. I'm asking the dude to back up his statement about more oil in the US than in Saudi. It seems to be the new republican talking point. If no numbers are good, then that just makes the point that anyone who claims there is more oil here than there is full of sheep.
As far as anyone being on any FBI watchlist, people who live in glass houses shouldn't throw stones.
Excuse me, but I'm not the one on this forum making racist rants about Arabs.
There is probably 500 years of total supply left in the world to meet the WORLD's demands. Imperical evidence shows that we need a dramatic shift of energy needs from Oil to other sources to quel the ever rising oil costs globally. We complain here, but the US is among the lowest prices per gallon globally. Fact is we need to find a new source of renewable energy. We have many experimental, but unreliable sources right now. If we want to lower the cost of oil forbes fortune and wall street journal agree we need to lower the demand. Americans are already starting to adapt with a staggering decrease of almost 28% nationally for our oil consumption. We as a nation waste everything. We waste heat, electric, ac, food, gas, clothing, paper, plastics, and so on. All of which directly impact our global oil prices. America has way less people residing within than china, and even less manufacturers and needs...yet we out consume them on every level. We are fat, greedy, lazy, and consumed by sloth. Our children grow up expecting opportunity to be handed to them only to find the world shoves it up their azz. They run home to mommy and daddy who never diciplined them never raised them never really cared enough to challenge that child's out of control behaviors...and what do we have? A nation of whining weak wusses. The 3 w's of the US... kinda like George "W" Bush. The W represents waste....we stop wasting, and start conserving..there will be no problem ...until we start wasting again lol.
Once again, you ignore my point. I'm asking the dude to back up his statement about more oil in the US than in Saudi. It seems to be the new republican talking point. If no numbers are good, then that just makes the point that anyone who claims there is more oil here than there is full of sheep.
Excuse me, but I'm not the one on this forum making racist rants about Arabs.
lol... Racist rants? You are just like every other american who has forgotten 911..and every major terroristic attack in the last 10 years. My hatred is founded. Your remarks are not. At least, I was there in the trenches fighting....while you sat on your lathargic rear watching CNN crying my god my god bring our boys home bla bla bla... go eat a piece of your liberal pie, and cry to someone who gives a rat's azz
Once again, you ignore my point. I'm asking the dude to back up his statement about more oil in the US than in Saudi. It seems to be the new republican talking point. If no numbers are good, then that just makes the point that anyone who claims there is more oil here than there is full of sheep.
Excuse me, but I'm not the one on this forum making racist rants about Arabs.
As for your comments, you provide no backup, either.
Hmm... when is the last time any of you went to get gas for your car, and there was no gas station that HAD gas? Seems to me, the problem here is not a "supply" problem.
Drilling here will NOT lower the price of gas in any way.
Drilling here will NOT lower the price of gas in any way.
And you got your economics degree from which WalMart store...?
Dependency is the very reason we are in this fix today. We have had it way too easy for many, many years. Lots of cheap gas, and other raw materials. Now comes China with it's HUGE and ever increasing demand for oil... it has placed the manufacturing and refinery capacities to max just to stay even; NO surplus at all. So it is this increased demand and dependence on others who decide whether they will throttle up more production or not... and in this case, NOT.
So prices go HIGHER.
Unfortuantely we will NOT drill for more oil here... this is simple postulating on the part of politicians from all sides. Even if we did drill the time curve on delivery is years and years down the road, so there will be no immediate impact, other than on psychology of the marketplace, not true and actual supply.
See, I got my economics degree from K-Mart, and it was a Super-K at that.
Too bad most americans can't comprehend, but are allowed to VOTE! Love this country!
It is amazing. The more I live and learn, the more I realize the incompetent of a huge segment of the voter base. It crosses racial and social lines of all kinds. People don't research issue. People don't understand how policy A leads to reaction B which leads to outcome C. Its amazing. -- You know, we have an age limit on running for president. I am starting to consider how it would be to raise the voter age to 35. -- Yep, I know the flamers will have fun with this. But, I am wondering why those with no real life and real world experience should be making decisions concerning the offices of the most powerful people on the planet.
I'm not saying that there should or should not be a change. Just throwing it out there for discussion...hopefully, civil discussion without name-calling.
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Tim Lett
P.O. Box 1617
Gadsden, AL 35902
bah let's just carpet bomb the middle east and call it a day
First of all, MichaelJM...thank you for your fine service to our great nation. Thank you and your family for your sacrifice. I wish that I had followed your lead and served before entering college. Thank You, Sir.
And...if Bush '43 had let our guys go in there and finish the job, we might not be in such a huge mess today. You guys kicked some major A$$ but were stopped short of finishing...all in the name of diplomacy.
Not saying that there isn't one, but can anybody name a single conflict that has been solved with diplomacy, alone?
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