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Ignore the whiny enviromarxists. We're talking about a potential of 1.8 TRILLION barrels of oil. That's 2.5 X the proven reserves in the Middle East (i.e., Saudi + Iran + Iraq + Kuwait + UAE + all the rest).
1 posted on 05/13/2008 1:42:35 PM PDT by Entrepreneur
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To: Entrepreneur

“1.8 TRILLION barrels of oil”

At current consumption rates, that’s about 250 years’ worth of supply for the United States. Give or take a decade or so.


2 posted on 05/13/2008 1:47:41 PM PDT by sitetest (If Roe is not overturned, no unborn child will ever be protected in law.)
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To: Entrepreneur

Yeah, but you can’t drink oil.


3 posted on 05/13/2008 1:48:50 PM PDT by dblshot
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To: Entrepreneur

Water rights are the true gold, not the oil shale.


4 posted on 05/13/2008 1:49:22 PM PDT by Gondring (I'll give up my right to die when hell freezes over my dead body!)
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To: Entrepreneur

As long as our energy resources are controlled by a foreign company, it should be environmentally sound.


5 posted on 05/13/2008 1:49:43 PM PDT by Question Liberal Authority (NOW can we drill for oil?)
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To: Entrepreneur

The RATS will never let them get it. They want us all sitting in the dark and freezing in our homes.


6 posted on 05/13/2008 1:49:50 PM PDT by anoldafvet (To liberals, building a wall across the Mexican border is a violation of the Voting Rights Act.)
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To: Entrepreneur
"...oil shale lures Shell"

Try saying that 5 times fast!

We had some ethanol developers look elsewhere to build their plants once it was found out that the copious amounts of water needed to brew the stuff would rapidly deplete the local water table. We're all on well water here. Not a good idea to have something like that down the road. But-that being said, I really think oil shale should be developed. But, I wanted us to drill in ANWR 20 years ago, too. We have a lot of catching up to do.

7 posted on 05/13/2008 1:54:56 PM PDT by ozark hilljilly
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To: Entrepreneur

Farmers growing low-value crops such as alfalfa use 80 percent of Colorado’s water. They pay laughably low rates for it. It will not be easy to change this, as water law in the West is as hidebound as the House of Lords, and markedly favors claims of prior use. They will probably have to be paid big bucks to quit farming and move to Florida, but it must be done.


8 posted on 05/13/2008 2:02:28 PM PDT by ccmay (Too much Law; not enough Order.)
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To: Entrepreneur
When Carter's oil shortage subsided, Exxon shut down development.

Yea, I recall reading somewhere that crude would have to be 60 - 70 brl for it to be feasable to produce from the shale. About the same for the tar sand in Canada as well.

Soooo... It looks like water is gonna be the excuse now.

11 posted on 05/13/2008 2:13:10 PM PDT by TLI ( ITINERIS IMPENDEO VALHALLA)
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To: Entrepreneur

This may be an ignorant question but here goes.

Why do they need fresh water?

If you drill deep enough, there is brackish water under most of the US. Not good for drinking but could be good enough for industrial use.

It should be good for steam cracking, cooling ect. It may require more expensive materials to resist corrosion but are there any experts here that can answer the question?


13 posted on 05/13/2008 2:28:09 PM PDT by dangerdoc (dangerdoc (not actually dangerous any more))
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To: Entrepreneur

The Democrats (and Sen. McCain) have blocked drilling in ANWR and offshore, right? How long before they bar ANY drilling in Colorado, the Dakotas, or any other part of the U.S.?


16 posted on 05/13/2008 2:41:06 PM PDT by Signalman
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To: Entrepreneur
Wasn't this tried before and failed? I seem to remember hoards of unemployed geologists back in the 80’s.
17 posted on 05/13/2008 3:52:37 PM PDT by LiberConservative ("Typical" White Guy)
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