Posted on 12/09/2007 7:05:16 AM PST by saganite
Yup.
Texas and California at the turn of the 20th century.
And the enviro-weenies have nothing to offer as a solution to our nation's energy requirements.
And the enviro-weenies have nothing to offer as a solution to our nation’s energy requirements.
Sure they do. Wind and solar, but only so long as it’s not used in industrial quantities. Thn it kills birds or prevents sunlight from reaching the ground. Then it’s evil.
They want us to live in caves.
Please don't encourage them.
You can still see the remains of that drilling when you fly over West Texas. Even though the rigs and buildings are gone the drill sites are still easily visible from 30,000 feet.
My understanding of the history of the Nazi’s is that they fueled their war mostly with oil from Romania until they captured the Soviet oil fields in the Caucusus in ‘41 and ‘42. By late 1944, after the US had bombed the Romanian oil tanks and refineries at Ploesti, and after the Nazis were pushed out of the Caucusus, they refined enough oily shale—which they mined from within Germany itself—into motor fuel to supply their war effort, including the massive offensive in the Ardennes Forest (Battle of the Bulge). What happened to that technology? The Germans apparently mastered it in a matter of months. Compare that to Jimma Cawta’s multi-billion dollar Synfuels boondoggle.
There are ample opportunities for US eneregy independence at low prices if Democrats and their attendant enviromental extremists would step aside. High prices and limited access to resources are beneficial to them and their special interest political classes.
Because protesting in those countries gets you shot.
I thought they also got oil from coal. In fact that process is being used in certain places now.
Wartime necessity. Cost isn’t a factor when you need to keep your tanks rolling and planes flying. It wasn’t cost competitive.
Excellent! It’s time to take the restraints off the oil industry. We need both new supplies and new refinery capacity if we are to wean ourselves off Middle East and South American crude. We should all be marching toward the day when the President can hold a press conference to announce to the world that we no longer need ME or SA crude, and would they please go pound sand...
Thanks for posting this good news thread.
Fast forward to 2007. On the day before Thanksgiving, Ness counted 54 rigs in the field............
The USGS wants to check out an estimate by the late Denver-based USGS geochemist Leigh Price, who wrote in 1999 that the Bakken's shale potentially contained 413 billion barrels of oil. By comparison, Alaska's North Slope, the nation's largest oil resource, holds between 50 billion and 70 billion barrels of oil.
You all realize what a disaster this is don't you? It can lead to a extremely nasty global recession, not a sharp rise in production. http://www.freerepublic.com/focus/f-news/1934873/posts?page=24#24
Who would have thought little ole' capitalistic North Dakota would bring the worlds economy to its' knees? Not me.
Not only that, but it seems like Peak Oil, that ubiquitous curse of civilization is perhaps NOT occurring at this moment, but will be retreating to the horizon again, eternally mocking us. Cant we EVER get that behind us?
And here I thought, with the world was awash in oil, this find in ND would be a bright spot for everyone, no, instead it's probably our doom clock ringing..
[”Sixty Minutes” had a segment on the great energy reserves
under Montana and neighboring states]
Don’t Ted Turner and a host of media people have land interests up in that part of the world? Hmmm.
Steam injection, it slides rigght past the oil, bounces off the far end and displaces the oil back across the pipe and up out the top.
- In Mountrail County, North Dakota, EOG has reported successful drilling from the Bakken Formation.
- The Wenco #1-30H, in which EOG has a 52% working interest, was completed to sales at the end of September at an initial production rate of 1,930 barrels of oil per day (Bopd), gross.
- Also in Mountrail County, the Austin #1-02H was completed to sales in October at an initial production rate of 2,000 Bopd. EOG has a 100% working interest in the well, which is located nine miles north of existing production. This is the northernmost location that EOG has drilled to date.
Those are quite respectable well rates. But the well rates must fall off a good bit if they only expect to ultimately recover 700,000 barrels from one well.
Production on those wells typically falls off about 50% or so in the first year or sooner. Smokin’ Joe is the resident expert on this as he works those fields.
The endangered fartfly!
Almost sprayed the monitor with that one!
you’re welcome.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.