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Saudis worry over North American shale oil surge
financialpost.com ^ | 14-21-11 | Yadullah Hussain

Posted on 01/11/2012 10:05:38 AM PST by bayouranger

click here to read article


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Comment #21 Removed by Moderator

To: bayouranger
The question is NOT whether Saudi oil money gets back to those elected officials in DC, the question is how fungible their oil money is to those elected officials in DC.
22 posted on 01/11/2012 10:47:28 AM PST by drypowder
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To: bayouranger
LPG Direct Injection....

It stays a liquid until it is the cylinder. Change of state from a liquid to gas, drop in temperature. So you can dial up the Turbo-boost or Compression Ratio. I think their are 3 Euro Conversion firms already for Direct Injection...

So many win wins with this fuel in this configuration.


23 posted on 01/11/2012 10:47:36 AM PST by taildragger (( Palin / Mulally 2012 ))
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To: rhombus

ignorant,well-meaning soccer moms and rich Hollyweirdos,too.


24 posted on 01/11/2012 10:47:54 AM PST by WOBBLY BOB (Congress: Looting the future to bribe the present.)
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To: bayouranger
"...and I promise to stop all new drilling in the US and I
promise to slow down shale oil production, so help me Allah"


25 posted on 01/11/2012 10:49:25 AM PST by Iron Munro ("Don't pick a fight with an old man. If he is too old to fight he'll just kill you." John Steinbeck)
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To: thackney

Energy/Oil Ping


26 posted on 01/11/2012 10:52:29 AM PST by EdReform (Oath Keepers - Guardians of the Republic - Honor your oath - Join us: www.oathkeepers.org)
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To: meatloaf

good idea.

start with government fleet vehicles and if it’s successful there, expand from there.

I , for one, don’t want to be mandated to convert my vehicle.


27 posted on 01/11/2012 10:59:58 AM PST by WOBBLY BOB (Congress: Looting the future to bribe the present.)
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To: meatloaf
What we really need to do is start converting autos to run on natural gas.

You're exactly right. I lived in Japan in the late 1990's when they started doing exactly that with buses and taxicabs. It is a little expensive up front, but ever since the Japanese pay less for a liter of gasoline than most of their European counterparts. They produce maybe 2% of their crude oil needs domestically, roughly 1/10th of what they are able to do in Europe.

All it takes is a political will to do so. We could start by funding the U.S. Postal Service fleet into natural gas conversion, then let them sell their NG fueling supplies to the public. Employ some of the surplus postal workers as NG station attendants, then spin off the NG retail facilities and privatize. That's the quickest way I see to get bipartisan support.

You could start by turning some of the surplus post offices slated for closure into NG refueling stations. Initially, they would serve only postal vehicles, then public transportation and finally the public.

28 posted on 01/11/2012 11:03:16 AM PST by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: pallis

Much? Wahhabism and Salafism are terrorist philosophies.


29 posted on 01/11/2012 11:11:11 AM PST by 1010RD (First, Do No Harm)
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To: Vigilanteman
ever since the Japanese pay less for a liter of gasoline than most of their European counterparts

They don't pay much different any more.

http://www.iea.org/stats/surveys/mps.pdf
(Price per litre, November 2011)

Japan: 143 Yen ~ 1.47 Euro

France: 1.488
Germany: 1.505
Italy: 1.588
Spain: 1.299
UK: 1.338
Japan pays less percentage as tax. But in today's high prices for the base product, they are around the same as Europe.

30 posted on 01/11/2012 11:33:49 AM PST by thackney (life is fragile, handle with prayer)
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To: EdReform


31 posted on 01/11/2012 11:36:44 AM PST by thackney (life is fragile, handle with prayer)
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To: Vigilanteman

An LNG refueling station takes up a bit more space than the vacuums at car washes. For home use you can buy a unit that hangs on a wall.


32 posted on 01/11/2012 11:36:47 AM PST by meatloaf
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To: meatloaf

You mean CNG, not LNG.

CNG needs just a compressor.

LNG requires a refrigeration unit to drop the temperature down to -260°F and a system to keep it there while it sets in the tank or continuously use/vent it.


33 posted on 01/11/2012 11:40:28 AM PST by thackney (life is fragile, handle with prayer)
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To: bayouranger

The Saudis are Worried,

GOOD!


34 posted on 01/11/2012 11:40:39 AM PST by GraceG
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To: Vigilanteman

Fleet service, like buses, UPS and garbage trucks have been using Natural Gas for a while. Not everywhere, but it continuous to grow.

http://www.afdc.energy.gov/afdc/progs/fleet_exp_fuel.php/NG


35 posted on 01/11/2012 11:42:57 AM PST by thackney (life is fragile, handle with prayer)
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To: thackney

Will Texas ever see the levels of the 80s again?


36 posted on 01/11/2012 11:52:49 AM PST by 1010RD (First, Do No Harm)
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To: kearnyirish2

Yes... we certainly do.

LLS


37 posted on 01/11/2012 11:53:05 AM PST by LibLieSlayer ( MOOchelle obama is PISSED OFF that people say that she is an angry woman!)
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To: bayouranger

Good... Let ‘em worry!


38 posted on 01/11/2012 11:59:21 AM PST by folkquest (Nothing is fool-proof because fools are so ingenious!)
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To: rhombus

I figure they get a lot of indirect funding from states and entities with a vested interest in keeping the US from doing anything adversarial to their interests, such as oil exploration.


39 posted on 01/11/2012 11:59:47 AM PST by WoofDog123
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To: drypowder

Sleeping with the devil
~Robert Baer


40 posted on 01/11/2012 12:05:45 PM PST by bayouranger (The 1st victim of islam is the person who practices the lie.)
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