|
|
Post by hrizzo on Mar 16, 2012 13:32:22 GMT
|
|
|
|
Post by curiousgeorge on Mar 16, 2012 18:01:50 GMT
Yeah, he's gettin' hammered for that one. Especially since the numbers come from HIS administration. The whole Green thing is going up in flames. ;D ;D ;D |
|
|
|
Post by trbixler on Mar 17, 2012 2:25:03 GMT
Mr. Green please get your facts straight. "Stop the demagoguery on oil and gas, Mr. President" "That was quite a performance Thursday at Prince George's Community College when President Obama spoke on energy issues. He repeated so many Big Green energy myths that even the most obsessive environmentalists must surely have been exhilarated. One of those myths deserves particular attention because it is at the core of Obama's "clean energy" agenda for America's future. As he so frequently does, Obama repeated the misleading assertion that America has only 2 percent of the world's proven oil reserves but uses 20 percent of all the oil consumed every year." "But to appreciate the true magnitude of as-yet untapped oil resources in or near the United States, consider these facts: The Institute for Energy Research reported last December that government data puts the total recoverable resources in North America at more than 1.7 trillion barrels. "That is more than the world has used since the first oil well was drilled over 150 years ago in Titusville, Pennsylvania," according to IER. "To put this in context, Saudi Arabia has about 260 billion barrels of oil in proved reserves. For comparative purposes, the technically recoverable oil in North America could fuel the present needs in the United States of seven billion barrels per year for around 250 years." There is comparable data for natural gas. At present, the U.S. has 272.5 trillion cubic feet of proven natural gas reserves, but the total for all of North America is 4.7 quadrillion. At the current consumption rate of 24 trillion cubic feet annually, there is enough natural gas under Canada, Mexico and the U.S. to last 175 years. To put that in further perspective, IER estimates that "the United States, Canada and Mexico have more technically recoverable natural gas resources than the combined total proved natural gas reserves found in Russia, Iran, Qatar, Saudi Arabia and Turkmenistan."" washingtonexaminer.com/opinion/editorials/2012/03/stop-demagoguery-oil-and-gas-mr-president/376061?utm_source=Washington+Examiner+Opinion+Digest+-+03%2F16%2F2012&utm_medium=email&utm_campaign=Washington+Examiner%3A+Opinion+Digest |
|
|
|
Post by curiousgeorge on Mar 17, 2012 2:57:21 GMT
Tr; isn't this the speech where he makes fun of the drill,baby,drill thing? That's so 3 years ago. I guess he hasn't seen the new bumper sticker:
"Frack me, baby" ;D
|
|
|
|
Post by trbixler on Mar 17, 2012 13:05:43 GMT
Tr; isn't this the speech where he makes fun of the drill,baby,drill thing? That's so 3 years ago. I guess he hasn't seen the new bumper sticker: "Frack me, baby" ;D Mr. Green does sound the same maybe his teleprompter is stuck. But the speech or green rant was from "President Barack Obama speaks about energy, Thursday, March, 15, 2012, at Prince George's Community College in Largo, Md. (AP Photo/Charles Dharapak)" |
|
|
|
Post by ebrainsh on Apr 11, 2012 14:01:05 GMT
|
|
|
|
Post by trbixler on Apr 11, 2012 14:24:00 GMT
Too much cheap energy? Maybe Mr. Green's EPA can kill gas as well. "Gas Glut Rejiggers Industry "  "The natural-gas surplus has implications for a variety of industries. Energy companies that produce gas are seeing revenue shrink and are searching for more lucrative oil. Cheap gas is stealing power-generation markets from coal, spreading gloom across a mining industry that is being spurned by its most important customer. Railroads, whose single largest source of revenue is typically hauling coal, are hurting. The economics of building a nuclear plant, wind farm or solar-power installation look shakier than ever. " online.wsj.com/article/SB10001424052702303815404577335973150280672.html |
|
|
|
Post by glennkoks on Apr 14, 2012 17:26:20 GMT
"The big question in today's news: Does 'fracking' pollute well water?
What say you?"
If it is done correctly I say "no". However, my industry has not always been the model of responsibility and the potential exists to really do some real damage to aquifers if all the precautions are not taken and taken seriously.
I hate to call for tougher regs but considering all that is at stake it may not be a bad thing.
|
|
|
|
Post by sigurdur on Apr 14, 2012 20:06:25 GMT
glenn:
This is hard to actually quantify. In SD, I have a friend who had dug several wells for water. He then slowly removes the CH4 that accumulates, and heats his house and a workshop with this.
He has all kinds of chemicals in his water, and no fracking anyplace close.
I agree that fracking has to be done safely. It appears that even with a lot of activity, as in ND, that it can be done safely.
|
|
|
|
Post by sigurdur on Apr 14, 2012 20:17:50 GMT
Was reading a trucking paper this morning. The cost of the new mpg regualtions is going to be approx 18K per unit. If they want to go to natural gas it is approx 78K per unit.
All I can see in the future is higher frieght costs, which translate into higher prices for food/clothing etc.
This green stuff sounds good, but it sure is expensive.
|
|
|
|
Post by glennkoks on Apr 15, 2012 6:45:56 GMT
sigurdur, In ND, the Bakken Shale is well below the water table making fracking much safer and less likely to do environmental damage. In other states the production zones can occur much closer to water tables and it is in these states more scrutiny is needed.
|
|
|
|
Post by glennkoks on Apr 15, 2012 6:52:05 GMT
|
|
|
|
Post by sigurdur on Apr 15, 2012 15:44:49 GMT
glenn:
Thank you for this. I didn't know there was a process to convert CH4 to diesel.
|
|
|
|
Post by glennkoks on Apr 16, 2012 20:44:18 GMT
sigurdur, You have probably heard of the Fischer-Tropsch process used by Nazi's during WWII to convert coal to synthetic fuel. From what little I know it is basically the same process but with natural gas. The efficiency is still low but they are working on it. My neighbor is one of the big wigs for Shell working on the project.
|
|
|
|
Post by sigurdur on Apr 17, 2012 1:54:12 GMT
Glenn:
Yep.....knew about the Fischer-Tropsch process. There is a plant that uses that process in ND right now. Great Plains Gasification plant.
Any time you convert from one type of FF to another, the loss of BTU in the process has to be quite large. Hopefully they will be able to figure out how to do this more effiecently.
|
|
