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Saudi oil well dries up
The Telegraph ^
| 9/5/2012
| Ambrose Evans-Pritchard
Posted on 09/05/2012 3:17:05 PM PDT by bruinbirdman
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To: bruinbirdman
Guess time to short oil futures
2
posted on
09/05/2012 3:28:54 PM PDT
by
Flavius
(What hopes for victory, Gaius Crastinus? What grounds for encouragement ?)
To: bruinbirdman
Suck sand - sheiks.
We’ll be cruising on nat gas.
3
posted on
09/05/2012 3:30:11 PM PDT
by
nascarnation
(Defeat Baraq 2012. Deport Baraq 2013)
To: bruinbirdman
"The basic point common to other Gulf oil producers is that Saudi local consumption is rocketing."
Yes. The same is happening in East Asia and other places. As for shale oil, there are big costs.
4
posted on
09/05/2012 3:34:54 PM PDT
by
familyop
("Wanna cigarette? You're never too young to start." --Deacon, "Waterworld")
To: bruinbirdman
If this is correct, Saudi Arabia — never much of a MILITARY power, just a very rich country — will become East Chad in terms of geopolitical standing.
5
posted on
09/05/2012 3:38:14 PM PDT
by
pogo101
To: bruinbirdman
Need to look at clean coal and coal synfuels. Costs not as big as you think. The real problem is the coal industry is under assault.
6
posted on
09/05/2012 3:41:14 PM PDT
by
umgud
(No Rats, No Rino's)
To: nascarnation
Yes. T. Boone Pickens has been supporting the use of natural gas for trucking.
7
posted on
09/05/2012 3:41:23 PM PDT
by
familyop
("Wanna cigarette? You're never too young to start." --Deacon, "Waterworld")
To: bruinbirdman
8
posted on
09/05/2012 3:42:08 PM PDT
by
EGPWS
(Trust in God, question everyone else)
To: bruinbirdman
Let them sit for a few years. I read somewhere that gulf wells, that have been shut down, somehow fill back up over time.
I guess we don’t need a President to go over and kiss (fill in the blank) anymore...
9
posted on
09/05/2012 3:48:53 PM PDT
by
OrioleFan
(Republicans believe every day is July 4th, Democrats believe every day is April 15th.)
To: bruinbirdman
Ambrose farts gloom and doom. If he didn’t have something to be depressed about everyday, he’d hang himself.
To: bruinbirdman
I would love to see the Saudi es coming hat in hand to us for the US to sell them oil.
11
posted on
09/05/2012 3:57:54 PM PDT
by
painter
(Rebuild The America We love!)
To: bruinbirdman
They can frack too.
Frack the Saudis.
12
posted on
09/05/2012 3:58:27 PM PDT
by
smokingfrog
( sleep with one eye open (<o> ---)
To: bruinbirdman
"Jihad" to follow. Good riddance.
13
posted on
09/05/2012 4:05:52 PM PDT
by
skeeter
To: bruinbirdman
They can’t import oil, because they’ll have no money.
14
posted on
09/05/2012 4:25:26 PM PDT
by
Mamzelle
To: bruinbirdman
Vote democrap. We’ll be under the boots of islamists.
Vote Republican. They’ll be buying oil from us.
To: bruinbirdman
Many years ago I was told that all the Saudi light crude had been pumped out. What remained was lower quality heavy crude.
To: bruinbirdman
This is more “Peak Oil” horse feathers!
17
posted on
09/05/2012 5:07:29 PM PDT
by
rsobin
To: rsobin
At least 1,300,000,000,000 barrels of recoverable oil just in the Green River Formation. You add the Bakken, Eagle Ford and our coal reserves and we can tell the rest of the world can go suck an egg for several hundred years. (Won't happen as long as we have “Rats” and “GOP-e” running things.)
18
posted on
09/05/2012 5:27:39 PM PDT
by
WellyP
(question!)
To: WellyP
The agenda of all our leaders,Republican or Democrat,vary only in the pace to which they achieve totalitarianism.
19
posted on
09/05/2012 7:02:14 PM PDT
by
rsobin
To: WellyP
The United States also has 440,000
tons of thorium-232 that when used in
liquid fluoride thorium reactor (LFTR) nuclear reactors could power the US electric energy needs for several
thousand years.
Also, don't forget American companies are leading the world in researching the use of oil-laden algae to make motor fuels. We're on the verge of making breakthroughs that could result in gasoline, diesel fuel, heating oil and kerosene being made from a renewable resource; once that happens, the whole idea of peak oil will no longer have any meaning. Sorry, OPEC.
20
posted on
09/05/2012 7:19:55 PM PDT
by
RayChuang88
(FairTax: America's economic cure)
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