Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Ernest_at_the_Beach

It’s not crude.

It’s NGLs. “All liquids”. This is the way the plays are hyped now to ramp the price of leases for sale.

NGLs have about 55% of the BTUs per barrel that crude has. You have to put 45% more of them into a refinery to get out the same amount of gasoline vs crude. There are liquids in these shale plays, for sure, but the proof is in the pudding, and the pudding is barrels per day. Not barrels of oil equivalent per day. Barrels per day.

Miracles are nice to think about, but they are not likely.


3 posted on 08/01/2011 8:20:38 PM PDT by Owen
[ Post Reply | Private Reply | To 2 | View Replies ]


To: Owen; BOBTHENAILER
Utica Shale Map
4 posted on 08/01/2011 8:30:56 PM PDT by Ernest_at_the_Beach ( Support Geert Wilders)
[ Post Reply | Private Reply | To 3 | View Replies ]

To: Owen

You would be wrong. It’s oil. Real oil. “Ohio tea.”

As for NGL’s - you don’t make gasoline from them. Think propane, butane.

And think before you post.


5 posted on 08/01/2011 8:31:24 PM PDT by pghoilman (Earth First. We'll drill the rest of the galaxy later.)
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson