Who needs Middleast oil! LOL
1 posted on
05/04/2005 6:52:16 PM PDT by
kellynla
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To: kellynla
2 posted on
05/04/2005 6:53:33 PM PDT by
kellynla
(U.S.M.C. 1st Battalion,5th Marine Regiment, 1st Marine Div. Viet Nam 69&70 Semper Fi)
To: kellynla
Oil Prices will drop fast if this ends up being true
3 posted on
05/04/2005 6:54:55 PM PDT by
MJY1288
( LIBERALISM IS FOR INVERTEBRATES)
Another well is drilled at the Wolverine Gas & Oil field Wednesday south of Sigurd, Utah (Associated Press)
4 posted on
05/04/2005 6:55:30 PM PDT by
kellynla
(U.S.M.C. 1st Battalion,5th Marine Regiment, 1st Marine Div. Viet Nam 69&70 Semper Fi)
To: kellynla
Unfortunately, 1 billion barrels will last the US less than 50 days at current consumption rates.
6 posted on
05/04/2005 6:56:37 PM PDT by
Brilliant
To: kellynla
Its turning out to contain high-quality oil already commanding a premium at Salt Lake refineries. Probably drilled into a pipeline.
I am a skeptic. Have been in the oil patch and have seen too many scams. The bigger they are the more suckers they attract.
I hope I am wrong and this is for real.
7 posted on
05/04/2005 7:00:43 PM PDT by
Mind-numbed Robot
(Not everything that needs to be done needs to be done by the government.)
To: kellynla
A billion barrels isn't that much, but every little bit helps.
The Saudis pump out about 11.5 to 12.5 million barrels a day. At a million barrels per day from Utah, thats about 3 years worth, not going to affect gas prices that much, but will help our trade deficit.
9 posted on
05/04/2005 7:01:27 PM PDT by
stubernx98
(cranky, but reasonable)
To: kellynla
I hope and pray this is true.
Many times while flying over the desert areas of this country I've looked out the window and thought how there HAS to be a MAJOR source of oil here that is just waiting to be discovered. I just cannot believe there is not oil in this country.
To: glock rocks
You guys holding out on us?
:-)
14 posted on
05/04/2005 7:10:47 PM PDT by
WestCoastGal
("If there was one idiot out there, it was him. It was pretty obvious to me.")
To: kellynla
Greenpeace or ELF or ALF or Liberals will now try to shut it down. I see court orders in our immediate future (days at most).
15 posted on
05/04/2005 7:12:13 PM PDT by
theDentist
(The Dems are putting all their eggs in one basket-case: Howard "Belltower" Dean.)
To: kellynla
I would love to know what is going on with that oil in Iraq, Saddam managed to turn a profit.
To: kellynla
Gas to liquids is quite possibly the
future....And the likes of ExxonMobil, RoyalDutch/Shell, Sasol, and Chevron/Texaco have ALL made proposals totaling $20 billion to use this technology....for future considerations.
The ME consortiums isn't going to sit on their hands either...they have the estimates of their oil field reserves...and they know they cannot last forever.
There are thousands upon thousands upon thousands of cubic feet of NG out there.
Of course "proposals" are one thing.....I figure there's awhole lot of "duck lining" to be done...With trillion$ at stake.
Interesting to see where it all leads........
FRegards,
22 posted on
05/04/2005 7:19:50 PM PDT by
Osage Orange
(Bill Clinton's heart is blacker than the devil's riding boots.....................................)
To: kellynla
Very nice, if true. But it's a bit early to say, judging from this article.
29 posted on
05/04/2005 7:23:58 PM PDT by
Cicero
(Marcus Tullius)
To: kellynla
A well-kept secret is that the mid-west (fly-over) has always been a good source of oil. Here in Ohio, one of the earliest producers of oil, there's a renewed increase in drilling and my neighbors have all put in wells...I'm next, drilling this summer.
45 posted on
05/04/2005 8:03:23 PM PDT by
Rudder
To: kellynla
This reminds me of the cold fusion buzz that came out of Utah a few years ago. The late Wayne Owens, D-Utah, considered it worthy of an infusion of tax-payer funds.
Energy drives our reality, but we refuse to stand up to the lies of the Left and drill in the gulf and in the wilderness, and build more refineries. We seem to prefer "miraculous discoveries" that won't offend the eco-frauds, and there are always people peddling "magic" to drive our unreality.
46 posted on
05/04/2005 8:04:33 PM PDT by
Barset
To: kellynla
Here's Utah, with Dems willing, add Alaska and our balance of payments deficit as well as gasoline and natural gas prices will look quite acceptable.
A billion barrels here a billion there and we have real numbers in domestic oil and natural gas.
But greens and their dependents the dems have different ideas.
You need to be against in order to find support by the Sorose's, move on.org, and oh yes, MSN including Public Broadcasting.
Voters: go on high alert it's your money, your resources these people are grabbing.
48 posted on
05/04/2005 8:16:49 PM PDT by
hermgem
To: kellynla
This reminds me of the cold fusion buzz that came out of Utah a few years ago. The late Congressman Wayne Owens, D-Utah, considered it worthy of an infusion of tax-payer funds.
Energy drives our reality, but we refuse to stand up to the lies of the Left and drill in the gulf and in the wilderness, and build more refineries. We seem to prefer "miraculous discoveries" that won't offend the eco-frauds, and there are always people peddling "magic" to drive our unreality.
49 posted on
05/04/2005 8:18:43 PM PDT by
Barset
To: kellynla
since refineries are at capacity, can this oil be processed ? or would it be sold for export ?
52 posted on
05/04/2005 8:39:50 PM PDT by
stylin19a
( Social Security...neither social nor secure.)
To: kellynla
This story isn't passing the smell test. Claims aren't proven reserves. They've got 2 wells that are producing so little that they can truck it to the refinery.
54 posted on
05/04/2005 8:49:24 PM PDT by
PAR35
To: kellynla
Question is: what quality of oil? It's been well-known for years that the western U.S. and Canada have gigantic oil reserves -- making Saudi Arabia look like Israel in terms of oil wealth. Problem is that it's horrifically low quality -- tar sands and oil shale. It would cost more to produce most of it than it's worth at today's prices (although some tar sands are now profitable thanks to the price hikes of the past few years).
A billion barrels of crap is still crap.
64 posted on
05/04/2005 9:50:43 PM PDT by
ChicagoHebrew
(Hell exists, it is real. It's a quiet green meadow populated entirely by Arab goat herders.)
To: kellynla
So glad that I saw this, even if I'm a late comer. You always have such great posts, Kellynla! Thanks for this find!
Char :)
69 posted on
05/04/2005 10:55:28 PM PDT by
CHARLITE
("People are not old, until regrets take the place of their dreams." - John Barrymore)
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