Venezuela: U.S. flooding market with fracking-produced oil

http://latino.foxnews.com ^ | December 10, 2014 | EFE

[Maelstorm]

Venezuelan President Nicolas Maduro blasted the United States Wednesday for its large-scale use of hydraulic fracturing, or fracking, saying it is flooding the market with oil produced with environmentally destructive methods.

The United States, one of the world's biggest practitioners of fracking, a controversial technique that involves pumping a pressurized fluid - usually composed of water, sand and chemicals - into a shale formation to create a fracture in the rock layer and release trapped petroleum or natural gas - has used that technology to double oil output to 8.5 million barrels per day in six years.

[Mariamante]

I agree with you that we really shouldn’t be so smug.

I don’t agree that Obama was democratically elected, there was major fraud.

Know for a fact that Chavez wasn’t democratically elected and neither was the bus driver.

Carter installed the Ayatollah, and Iran funded Chavez, and We are using the same machines. It seems like a world wide conspiracy to me.

Obama outsourced the 2012 vote counting to foreign company tied to Soros.

http://www.theblaze.com/stories/2012/09/13/fact-check-does-soros-own-an-overseas-company-that-will-count-u-s-votes/

Smartmatic: All things connected
http://www.vcrisis.com/?content=letters/200508141135

We are using the same voting machines as Venezuela
http://www.nytimes.com/2006/10/29/washington/29ballot.html?pagewanted=all&_r=2&;

The choice between Obama and FreeMsonic Romney, wasn’t a choice.

is it too much to ask to get a real, non Freemason presidential candidate in this country?

[thackney]

my guess is fracking would work anywhere in the world where the oil and gas are in similar tight formations.

Not just tight formations. We have used it for decades in traditional oil/gas plays as well.

But it’s currently only USED in the US,

False. Even Saudi Arabia has started using hydraulic fracturing. But the US does have the greatest use of it, so far.

[thackney]

Fraked wells only produces oil in large quantities for a few years. I

False. You are describing tight formations with long horizontals like typically done in shale formations. Hydraulic Fracturing does not create this production curve. Hydro fracs are done in traditional fields with only vertical wells and do not produce that very steep drop off in production. It is a function of the formation, not the method of the stimulation.

[tnlibertarian]

Mr. President can pour himself a big, steaming bowl of suck-it soup.

[hawkaw]

Let's see now. This was the same country who called the president of the United States the "devil". Now it wants to cry the blues about the USA and Canada developing oil and gas resources. Sure ... right ...

Sounds to me that this guy is trying to deflect the blame of the country's economic woes onto someone other than himself and seeing if the people will "buy" the lie.

[hawkaw]

Horizontal drilling and high volume hydaulic fracturing is used in Canada too.

[winodog]

This is what I was hoping for from Bush2 after 911.
A Manhattan project to wean us off their oil.