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

To: Owen
>"The US burns 20 million bpd (That’s 42 gallon barrels per day)."

Of what?? Oil, gas, both. Your statistic is meaningless without better definitions.

"Shale in both Texas and North Dakota flow about 3.5 mbpd."

Again, of what.

"Read that carefully. Math trumps propaganda."

So does HONEST quoting of information.

"Russia’s Bazhenov shale is bigger than both Bakken and EagleFord/West Permian."

Uh, the US has far more shale to tap that Bakken and Eagleford. I "have" actually seen a map.

So tell me....if things are so bad, why are companies setting up to export both oil and natural gas.

51 posted on 05/13/2017 6:55:32 PM PDT by Wonder Warthog (The Hog of Steel and NRA Life Member)
[ Post Reply | Private Reply | To 47 | View Replies ]


To: Wonder Warthog

Have you ever seen room temperature natgas stored in barrels?

All the quotes were about oil, since that is what moves food to shelves.

Just stop a moment and ask why the US would have all the shale oil, or even most of it. There is nothing special about US rocks. How could there be?

As for export, you have to do some studying of API degrees and viscosity and the difference between oil and condensate. Or, you can choose not to and just look at the numbers you were given.

The US burns 20 million barrels/day of oil. Natgas doesn’t move food to cities. Only oil does that. It’s all that matters.

The US total production is about 9.5 million bpd, that’s conventional on and offshore plus shale (unconventional).

So look at those two numbers and ask yourself why one would export anything at all. These are the actual numbers. Not manufactured pitches for investment money (or more often loans). This is the real McCoy. The US imports 9+ million bpd. Why would it export any in that situation?

Answer: to buttress a narrative.


54 posted on 05/13/2017 7:46:30 PM PDT by Owen
[ Post Reply | Private Reply | To 51 | 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