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Texas oil company announces big offshore Alaska discovery
WTOP-TV ^ | October 4, 2016 | Dan Joling, The Associated Press

Posted on 10/06/2016 7:15:42 PM PDT by 2ndDivisionVet

ANCHORAGE, Alaska (AP) — A Texas petroleum drilling company announced Tuesday it has made a large-scale oil . . .

(Excerpt) Read more at wtop.com ...


TOPICS: Business/Economy; Government
KEYWORDS: alaska; energy; oil

1 posted on 10/06/2016 7:15:43 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

Peak.

Oil.


2 posted on 10/06/2016 7:17:32 PM PDT by E. Pluribus Unum (If you are not prepared to use force to defend civilization, then be prepared to accept barbarism.)
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To: 2ndDivisionVet

Should wait till Feb.

Just like the deep gulf oil discoveries in the Gulf of Mexico, Obama will shoot it down and tie it up in regulation for the next 20 yrs.

Stupid to announce it now.

Needed for job growth in the US and Obama will do everything to stifle it.


3 posted on 10/06/2016 7:19:47 PM PDT by Cvengr ( Adversity in life & death is inevitable; Stress is optional through faith in Christ.)
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To: 2ndDivisionVet

should have waited until Obama is gone ,now he’ll make it make it an underwater park


4 posted on 10/06/2016 7:25:04 PM PDT by butlerweave
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To: 2ndDivisionVet

Virtually all scientists and assorted experts predicted that we would run out of oil by 2000, so why should we believe the “settled science” that predicts what the climate will be like 100 years from now?


5 posted on 10/06/2016 7:29:22 PM PDT by txrefugee
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To: Cvengr

It’ll be turned into a national fish sanctuary in 3...2......


6 posted on 10/06/2016 7:29:57 PM PDT by KOZ.
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To: Cvengr

Stupid to announce it now.

Yep. Very.

The muzzie brotherhood will want it shut down. They’ve got to protect the interest of their muzzie pals.


7 posted on 10/06/2016 7:34:22 PM PDT by boycott (S)
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To: 2ndDivisionVet

Nice... but they do not offer any public stock to buy.


8 posted on 10/06/2016 7:39:37 PM PDT by ShivaFan
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To: ShivaFan

... but thanks for letting us know. I do appreciate it.


9 posted on 10/06/2016 7:40:19 PM PDT by ShivaFan
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To: 2ndDivisionVet

National Wildlife Preserve...


10 posted on 10/06/2016 7:42:45 PM PDT by 17th Miss Regt
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To: boycott; Cvengr

Makes sense to have the Feds block it. No way that an Alaska offshore play would cover costs at $50 a barrel. You can make more money have the feds take it and collecting from the U.S. taxpayers than you could putting in the infrastructure, developing the field, and moving the oil to a refinery.


11 posted on 10/06/2016 7:47:15 PM PDT by PAR35
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To: 2ndDivisionVet

Awful lot of dinosaurs and rain forests up there at the North Pole millions of years ago.

Hard to picture how they could have survived in all that cold an ice and oblique sunlight.

The only explanations that make any sense are bad for the forces “settled science” and “scientific consensus.”

Either (a) it was a hell of a lot warmer back then, so that tropical conditions existed even at the poles, or (b) petroleum comes from sources other than dead dinosaurs and layers of compacted rain forest. Sources such as the ones we see on Jupiter and Saturn, and on Titan, Saturn’s methane-soaked moon.

If (a), the question is “why was Earth so warm back then, and what made it cool off?” If (b), peak oil won’t happen for tens of thousands of years; long before then, we’ll have Mr. Fusions in every home, car, and hand-held device.

I know, there are other possible explanations, for example that tectonic plates have moved around so much that the part of Earth’s crust that’s currently under the Arctic region was once located at the equator; another possibility is that Earth’s axis of rotation has undergone one or more extreme shifts.

I think either of these possibilities would have seen in geophysical evidence discovered before now, but I’m not an expert in the field.


12 posted on 10/06/2016 8:06:51 PM PDT by Steely Tom (Vote GOP: A Slower Handbasket)
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To: 2ndDivisionVet

The way things are going between US and Russia, it will be the Russians that take over the oil fields and pump the oil.


13 posted on 10/06/2016 8:44:54 PM PDT by grumpygresh (We don't have Democrats and Republicans, we have the Faustian uni-party)
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To: Steely Tom

Whether or not ancient rain forests and dinosaurs created some oil, abiotic hydrocarbons are a fact. Some of the moons around Jupiter and Saturn have massive oceans of hydrocarbons. I sincerely doubt that ancient dinosaurs were on these moons. We may never run out of oil, we have barely drilled down very far.


14 posted on 10/06/2016 10:17:43 PM PDT by Ronaldus Magnus III (Do, or do not, there is no try.)
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To: ShivaFan
Dallas-based Caelus Energy Alaska LLC announced a find of 6 billion barrels of light oil on its state leases in the Arctic Ocean waters of Smith Bay about 450 miles northwest of Fairbanks.

Chief Operating Officer Jim Musselman called the discovery exciting for the state, which receives a majority of its revenue from the oil industry.

15 posted on 10/07/2016 12:31:39 AM PDT by texas booster (Join FreeRepublic's Folding@Home team (Team # 36120) Cure Alzheimer's!)
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To: Steely Tom

Millions and millions of years ago the continents were in different positions on the globe - most of the land mass was at or near the equator. The climate was far warmer than today, as was the oxygen and CO2 levels were much higher allowing mega-plant growth. (No one knows why those levels are so much lower today).


16 posted on 10/07/2016 4:15:29 AM PDT by PIF (They came for me and mine ... now it is your turn ...)
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