Posted on 12/12/2012 6:53:16 AM PST by thackney
I have a hunch that is going to change.
What are your thoughts?
Recently Ford entered into an agreement with WPRT to convert to LNG usage for their F450, F550 trucks. Many intercity buses will soon be converted to LNG. LNG is cheaper and only has about 1/2 of the emissions of diesel/gas.
As refueling infrastructure grows so should the stock.
Just testing the waters with some research and have been getting google alerts which indicate that oil shale is on the horizon as the Next Big Thing. Some even speculate that this industry will make Obama look like the hand that moved this along, creating jobs and grabbing expired leases to have government control. I’m just trying to put the pieces of a larger puzzle together but this industry could lead to major oil production and give the US a power position as the leader in oil production. (Or is this someone’s “dream sequence”?) Fascinating stuff, at any rate.
There is lots of private land. That is why the drilling and production have been so successful.
First 60 - 90 Day Average Bakken Horizontal Production by Well {Map}
https://www.dmr.nd.gov/ndgs/Publication_List/pdf/GEO.INV/GI_149_36_Sept2012_FinalWeb.pdf
Yes, I’m aware. My home and my business are there.
I’m just saying the feds don’t any much if anything to do with it, except to cause uncertainty.
What happens if Obama decides that the EPA need to be involved? How much traction could they have in pushing this along—or in trying to manage it. ??
The EPA is involved, casting its shadow all the time, every day.
That’s why there’s no activity on federal grounds, because the EPA is baselessly suspicious of the fracking process and is bowing to environmental outcry over allowing it on public grounds.
So far the test cases (the one I know of personally was in Wyoming) have shown fracking to be inconsequential in terms of groundwater, etc.
Still everybody is fearful what might happen in the marxist’s second act.
I don’t believe they will try to stop it; they will make sure they CONTROL it. Too lucrative, too much export potential (eventually).
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