Posted on 07/14/2008 7:21:44 AM PDT by SMARTY
Republicans hope the answer is yes. Democrats hope the answer is no. The envirofascists hope they can sue if Federal Court to stop any further exploration so that we never find out for sure.
My sister is in ND and claims rigs are going up like crazy.
People are literally becoming millionaires overnight
Keep up the great work North Dakota
We admire you.
Thanks mouse. With gas prices at 4.50 it is nice to have some good news! :)
“Domestic drilling is off the table.” — Sen. Harry Reid
My father owns 1000 acres in North Dakota! Only thing is it’s in the eastern part of the state. Bummer. However, I still hold out hope.
Need to start drilling operations ASAP. If Barak gets in, he will declare it a national monument (ala Clinton), then get a payoff from Indonesia.
Wonder if this throws a monkey wrench into T Boone Pickens’ neo liberal solar\wind\natural gas fantasy program for energy independence. We have recoverable reserves now for 60 years+ with oil we can already get out and profitable turn into fuel WIHTOUT any importation. So the old coots like Pickens need to STFU and get out of the way and stop with all the canards to enrich themselves.
Its the government stupid
“Domestic drilling is off the table.”
Given the current US position vis-à-vis oil producing countries and our involvement in the war on terror, it strikes me that any public official who makes this statement, immediately and permanently debars himself/herself from further meaningful discussion on U.S. trade, foreign policy, war on terror or economic matters.
Any responsible official working to prohibit the domestic resolution of U.S. energy problems is holding this country’s military and economy hostage to their arrogance, selfishness and elitism. Because believe me… asking 82 year old retirees to ruin themselves just to heat their homes, or making young people go half way across the globe to bleed and die so we can assure stability of our energy source, IS supremely and unarguably elitist!!!
"The Deep Hot Biosphere : The Myth of Fossil Fuels"
By Thomas Gold [Forward by Freeman Dyson]
"The leading supporter of the abiotic theory in the U.S. is Prof. Thomas Gold of Cornell. His 1999 book, The Deep Hot Biosphere (Springer-Verlag) is a thorough discussion of the issues. It is based in part on research financed by the U.S. Geological Survey. Among prominent scientists whose work supports the abiotic theory are Jean Whelan of the Woods Hole Oceanographic Institute, Mahlon Kennicutt of Texas A&M University, and J.F Kenny of the Gas Resources Corporation." - http://www.humaneventsonline.com/article.php?id=4092
"There is much to be said about this important book. Gold exhibits the irreversible and universal genius that we recognize in Aristotle and Leonardo da Vinci. The versatility and range of knowledge exhibited is remarkable. The Deep Hot Biosphere is a highly interesting and important book; it should be required reading for every geology student." (David Deming, Journal of Scientific Exploration, Vol. 17 (2), 2003)
"Thomas Gold is a physicist who is not afraid of controversy. His big new theory is that oil and natural gas are produced by geology and chemistry of the hot deep layers below the Earth's surface. The book is the best kind of science writing: contentious and passionate, with all the evidence there for you to weigh up." (New Scientist, August, 2001)
It appears as if the Russians are making monkeys out of us westerners. They now have over 300 ultra deep oil wells producing oil from as far down as 40,000 feet. Way beyond any possibility of finding sludge from dead dinosaurs and old rotting cabbage patches. Russia is now the world's #1 oil producer handily surpassing Saudi Arabia. Speaking Of Saudi Arabia - known reserve estimates there have been increased yet again.
The skeptics continue to amuse and embarrass themselves as Viet Nam now joins the club of oil producing nations pumping from areas western "experts" proclaimed oil-free based on geology.
Eugene Island is an underwater mountain located about 80 miles off the coast of Louisiana in the Gulf of Mexico. It is refilling itself from deep fissures.
Jean Whelan, a geochemist and senior researcher with the Woods Hole Oceanographic Institute assigned to study the Eugene field. Becoming familiar with the phenomenon, she said " . . .. I believe there is a huge system of oil just migrating deep underground"
By every measure - known oil reserves are INCREASING despite vastly increased demand.
In Colorado, our new energy economy governor, state legislators, and Senators fight to stop oil shale development, a much larger source of oil. They are now openly talking about higher taxes on the oil and natural gas industries to cover for the fraud of the new energy economy.
What’s the difference between “technically recoverable” and “practically recoverable”?
And luckily for many of them, they came into the land via probate.
Which would give us enough time to finish construction of a whole bunch of nuke plants (which should be started THIS YEAR). In 10 years we should also have good enough batteries that we could have electric cars with decent range
With enough nuke power, we could heat our homes and run our vehicles on nuke electric and not be reliant on fossil fuel so much
The oil referenced in Bakken Reserve in this topic is already separated from the shale and produced by drilling, not heating or otherwise processing the shale.
Perhaps after the drilling and pumping is complete, operations like those described in the Rand Report can go after the remaining couple hundred billion barrels.
I can only guess that ‘practically recoverable’ means anything from pending licensing to work-in-progress. I am probably wrong in that.
Here's a little something to brighten your day
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