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Press Is Largely Ignoring Recent Awesome Fossil Fuel-Related News
newsbusters.org ^ | 11/24/2016 | Tom Blumer

Posted on 11/25/2016 6:17:22 AM PST by rktman

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DOH! We gotta quit finding more oil deposits cause it's making the anti petro people "feel" bad that we haven't reached "peak oil". It makes them feel morose. Poor babies. How about a safety pin? So, will the lyin' king designate the area where the latest big find was made as a national monument in his remaining days? After all, he still has his pen.
1 posted on 11/25/2016 6:17:22 AM PST by rktman
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To: rktman

My petroleum stock went from .88 to 1.45 in a week in a half.

This winning is getting old fast.... not


2 posted on 11/25/2016 6:24:00 AM PST by EQAndyBuzz (Election 2016 - Best election ever.)
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To: rktman

There’s more oil in Utah and Colorado than all of OPEC.

http://abcnews.go.com/Business/american-oil-find-holds-oil-opec/story?id=17536852


3 posted on 11/25/2016 6:25:24 AM PST by glock rocks (... so much win!)
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To: glock rocks

Yeah, but you gotta remember that the saudis “warned” Trump that he better not cut off imports. Skerred yet? Didn’t slick willie lock up a YUGE chunk of Utah that had potential for shale deposits? Is there a key to unlock it? I also seem to remember that somehow the Colorado deposits weren’t at a level that would be profitable yet due to access.


4 posted on 11/25/2016 6:32:25 AM PST by rktman (Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?!)
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To: rktman
Oil shale in the Rifle, Colorado area was thought to be the next big energy story. Exxon spent millions trying to pry the oil out of the rocks, finally settling on a system that radiated the chunks to push the oil out.
Trouble was, mining and crushing the shale created a 25 percent “swell factor.” Then the radiation turned golf ball sized chunks into softball chunks, or about 30 percent larger.
Try reclaiming that stuff...
5 posted on 11/25/2016 6:39:32 AM PST by Eric in the Ozarks (Baseball players, gangsters and musicians are remembered. But journalists are forgotten.)
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To: Eric in the Ozarks

Omission of news is one of the great crimes of the Loser medias. These “journalists” are an embarrassment to the First Amendment and to themselves. Never believe the media about anything. Losers.


6 posted on 11/25/2016 6:41:16 AM PST by hal ogen (First Amendment or Reeducation Camp?.)
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To: rktman
Didn’t slick willie lock up a YUGE chunk of Utah that had potential for shale deposits?

Grand Staircase-Esalante National Monument locked up the largest known deposit of clean coal, not shale oil.

7 posted on 11/25/2016 6:41:20 AM PST by okie01
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To: rktman

Not only this, some really big discoveries in carbon control and mitigation have gone largely unreported. They are interested in destroying the economy rather than in controlling CO2 emissions. It’s all revolutionary leftist politics.


8 posted on 11/25/2016 6:41:27 AM PST by JimSEA
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To: okie01

Thanks. I knew I remembered something in Utah. Wind good. Coal bad. Sunshine good. Petro bad.


9 posted on 11/25/2016 6:43:36 AM PST by rktman (Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?!)
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To: glock rocks
Good news indeed:

A recent report by the U.S. Government Accountability Office estimated that if half of the oil bound up in the rock of the Green River Formation could be recovered it would be "equal to the entire world's proven oil reserves."

10 posted on 11/25/2016 6:45:37 AM PST by spokeshave (In the Thatch Weave,..Trump's Wing Man is Truth.)
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To: rktman
Second, in Texas this week, a huge oil discovery was reported

Texas oilmen are sort of scratching their heads on this news as they have know about this "new discovery" for years.

11 posted on 11/25/2016 6:46:54 AM PST by Lady Heron
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To: Eric in the Ozarks
I was working on the Western Slope when the shale boom hit the Parachute Valley in Colorado in the early 80s. It was a phenomenon. Cities literally sprang up overnight, and an army of heavy machinery moved in to turn mountains into molehills and open a path to "the rock that burns."

Then, one weekend, Exxon pulled the plug. Shut down the entire operation overnight. All that time and energy and material went for naught. Zilch. Bupkus. And the governor was afraid he'd have to call out the National Guard to suppress riots from the displaced workers (he didn't).

12 posted on 11/25/2016 6:48:22 AM PST by IronJack
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To: rktman

Don’t fret. The gas industry will work overtime, and in silent complicity with the greenies, to continue the demise of coal. The oil industry having now gained the ability to export will now seek to limit imports. The super abundance now coming to market that has been driven in part by abundant and cheap capital and will be coming to an end. Their are better places to invest money than hydrocarbons because they are too abundant.

Limiting imports is a bad bad bad idea. But the domestic producers are going to want a helping hand and they easiest way to get it is to create a little artificial scarcity.

Oil has been here before. In the 80’s the US taxpayer paid to permanently plug oil wells. Then they got the strategic reserves.

They should get nothing. No import restrictions, no tariffs, no credits for not producing, no federal reserves.


13 posted on 11/25/2016 6:48:42 AM PST by FreedomNotSafety
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To: rktman

Don’t know about the shale deposits, but Sick Willie did lock up the largest rare earth mine in the US by turning it into a Preserve or Park (some such), thus enabling the Chinese to dominate the rare earths market, pushing the cost and availability of magnets sky high at the time and killing the experimental use of magnets in the US.


14 posted on 11/25/2016 6:51:11 AM PST by PIF (They came for me and mine ... now it is your turn ...)
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To: rktman

 
 
         Yeah heard about the Wolfcamp discovery a little over a week ago and
         just today it occurred to me that I haven’t heard anything about it since.

         So yeah, our wonderful left-wing liberal Democrat press doesn’t want
         us to know about it. They dutifully reported it once and then crickets.
 
 


15 posted on 11/25/2016 6:51:34 AM PST by StACase (CO2 is NOT a Problem)
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To: okie01

Locked up at the behest of his political benefactor in Indonesia which then took over the entire market.


16 posted on 11/25/2016 6:52:32 AM PST by PIF (They came for me and mine ... now it is your turn ...)
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To: IronJack
The coarse reject material (shale after oil removed) becoming 55 percent larger was something no one expected. If Exxon had a couple of mining people on the payroll they could have predicted much of this.
I was mining coal in the early 80s. Drilling and blasting the overburden, stacking via dragline and then dozing with a D9L would result in a higher topography, even if 6 feet of coal had been removed.
This was hard to explain to the uninitiated.
If we mined into a hillside and the cover got deeper as we advanced, we could be out of fill at the top of the hill...
17 posted on 11/25/2016 7:19:33 AM PST by Eric in the Ozarks (Baseball players, gangsters and musicians are remembered. But journalists are forgotten.)
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To: JimSEA

Add to that the fact that a lot of the patents surrounding thermal depolymerization have expired. That has the potential to be a game-changer, IMO.


18 posted on 11/25/2016 7:35:25 AM PST by Ellendra (Those who kill without reason cannot be reasoned with.)
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To: rktman

We have only drilled a few miles down into the Earth. We are always discovering more and more oil, gas, etc. Research ‘abiotic oil.’ There are oceans of hydrocarbons on the moons of Saturn and Jupiter. I sincerely doubt that there were dinosaurs and plants on these moons. We will never run out of oil and natural gas. It is a natural part of the world. Whenever there is a large ocean oil spill or leak, the tiny microbes that EAT oil get to work. Google ‘where did all the oil go’ about the Deepwater Horizon oil spill. Massive amounts of oil plumes were EATEN by massive plumes of microbes that consume oil.


19 posted on 11/25/2016 7:48:49 AM PST by Ronaldus Magnus III (Do, or do not, there is no try.)
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To: rktman

Job #1 end ethanol mandates.


20 posted on 11/25/2016 7:49:30 AM PST by ImJustAnotherOkie (NoHellary)
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