Posted on 10/11/2009 5:18:39 PM PDT by Halfmanhalfamazing
The government is, increasingly, the enemy. Imagine the jobs, the wealth, the independence, and cutting the jihad snake off at the head. There is no downside. We could easily extract that oil with minimum impact to the trees.
.....
For decades, Democrats have blocked efforts to responsibly develop this nation's energy resources, transforming vast areas of opportunity into "The No Zone." (hat tip Jim)
Damn straight, we have more oil than OPEC!
Tangent: Now, is there some correlation between these oozy globs they’ve been seeing in the ocean and the untapped oil? I kind of wonder. If we drilled, might they cease? Hmmm? Me wonders....
The Democrats don't want us to use it.
Bookmarked for later info access,good find.
bump for later read
Just goes to show us, each 2 and 4 years we reelect the same people who’ve been on the arab payroll for years. SO what are we going to do about it? Wait till the arabs run out of oil? Now we’re paying brazil to drill off shore. So when are we going to take care of our own?
When you look at the percentage of oil imported into the U.S. and realize Canada is the #1 imported and Mexico #2, you have to wonder why we even need to import any longer. FREE THE OIL!!!!
oops...#1 imported = #1 importer...
Great news. Put a lot of people to work.
parsy
Fact check: at 20M bbl/day, 500B bbl lasts about 70 years -- not too shabby, but not 2041 years. 2T bbl (mentioned later in the article) lasts about 270 years. Still, this gives us plenty of transition time.
"I no longer care much about the science of global warming. To me, the central question, and the one that few are willing to discuss in depth, is: Then what? Fossil fuels now provide about 85% of the world's total energy needs. Even more important is this corollary: Increasing energy consumption equals higher living standards. Always. Everywhere. Given that fact, how can we expect the people of the world -- all 6.6 billion of them -- to use less energy? The short answer: we can't. The developed countries of the world can talk forever about the virtues of solar panels and windmills, but what the energy-poor need most are common fuels like kerosene, propane, and gasoline"
--Robert Bryce, Gusher of Lies: The Dangerous Delusions of 'Energy Independence
Also this today:
Energy crisis is postponed as new gas rescues the world
http://www.freerepublic.com/focus/f-news/2360352/posts
“There has been a revolution in the gas fields of North America. Reserve estimates are rising sharply as technology unlocks unconventional resources,” he said.
This is almost unknown to the public...Rune Bjornson from Norway’s StatoilHydro said exploitable reserves are much greater than supposed just three years ago and may meet global gas needs for generations.
The US is leading the charge. Operations in Pennsylvania and Texas have already been sufficient to cut US imports of liquefied natural gas (LGN) from Trinidad
“I kind of wonder. If we drilled, might they cease? Hmmm? Me wonders....”
When I was a kid you couldn’t go to any beach in So. California without getting covered with tar.
The only reason that it isn’t there today is the oil wells in the Santa Barbara Channel, the Long Beach oil island and the oil platfoem at Seal Beach.
Even up into the 50s there was an oil slick from the horseshoe kelp to the mexican border.
There is still oil boiling up but not in the thousnads of barrels per day that it used to since the gas pressure has been reduced by the current wells..
Most of California’s natural oil and gas seeps are in the area circled in white on this shaded relief map. The state’s major underground oil and gas fields (known from drilled wells) are in the three areas outlined in yellow. Note that the seeps occur near the oil and gas oil fields. This is no coincidence.
The reason seeps are found close to major oil and gas fields is that most seeps are fed by these natural underground reservoirs. Just as springs are fed by underground reservoirs of water, oil and gas seeps are fed by underground reservoirs of oil and gas.
Shaded Relief Map
http://geomaps.wr.usgs.gov/seeps/where.html
For over 40 years I did work on every refinery, corporate office, distribution facility and gas station built in So. California.
I have a pretty good knowledge of where all the oil and gas in California is and how much they have since we were in constant contact with the heads of all the oil companies.
Most of the fields were shut down when Carter put in his 10% “excess profits tax” which was a well head tax and had nothing to do with profit.
At that time the total tax bite in California from well to station pump was 86% and made it unprofitable to use up their reserves when they could buy foreign oil and put the tax on their oil.
As one VP said to me, some dau they will reduce the tax on oil and it will be worth something, probably not in my lifetime but it’s not going anywhere and maybe my grand kids or their kids can profit from it.
When that tax went in Joe Shell, the president of the Independant Oil Producers of California, had 3 wildcat wells under way and the Bank of America called him and pulled his financing with the statment “those wells will never make a profit until they remove that tax”.
We're paying Soros to drill off the brazilian shore line. :-)
Thanks.
This may not make a difference though if cap and tax passes.
Whoa that is the second excellent link given in this thread.
Have you seen one that shows seeps nationwide?(U.S.A.)
Thanks.
Govt schools.
At the northern tip of the outlined area is Petrolia, the site of the first oilwell in California.
http://en.wikipedia.org/wiki/Petrolia,_California
Petrolia (formerly, New Jerusalem and Petrolea) is an unincorporated community in Humboldt County, California
“The place was originally called New Jerusalem; when the first oil was pumped in 1865, it was renamed Petrolia.[2] It was the site of the first oil well drilled in California. The oil was very fine and ultimately dried up.”
That map at http://geomaps.wr.usgs.gov/seeps/where.html shows the oil fields in socal but would lead a person to believe that it is just gas up north. After seeing these threads
A California ‘Black Gold’ Rush
http://www.freerepublic.com/focus/f-news/2350368/posts
“But Occidental felt there was more to be found and that the technology for finding and recovering it had advanced somewhat from that day in 1859 when America’s first well was drilled in Titusville, Pa.
It was only a matter of time before the “code” of California’s seismically fractured underground was deciphered. That code was cracked this summer, when Oxy announced that it had found the equivalent of between 150 million and 250 million barrels of oil and natural gas in an undisclosed part of Kern County.
“In our view, Oxy’s declared discovery may only scratch the surface of the ultimate potential of its acreage in the San Joaquin basin,” said Doug Leggate, an oil analyst at investment firm Howard Weil Inc. “We suggest the resource potential could reasonably exceed 1 billion barrels.”
New oil find in California
http://www.freerepublic.com/focus/f-news/2346942/posts
I believe that drilling technology has changed so much since that oilwell in the 1860’s that there is oil and gas the full length of California on and off shore. What do you think with your experience in the industry ?
yes; nearly as disastrous as Obamacare
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