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Post by sigurdur on Feb 9, 2012 17:51:30 GMT
We need to get government out of the research end of this. There is too much being spent on old tech, rather than bold new ideas.
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Post by glennkoks on Feb 10, 2012 1:43:21 GMT
ebrainsh, There is simply no point when any country will run out of oil because of increases in technology. By 2030 I expect oil will be much more expensive, even much more than inflation would otherwise have it. However, as it gets more expensive natural gas will become a much more viable option. Due to advances in hydraulic fracking there is currently a glut on the market. They are now in the process of laying down rigs nationwide because drilling for dry gas is simply not economically feasible.
Ask sigurdur what the night sky looks like in his home state of ND. It is filled with flares fueled by natural gas because they do not have the infrastructure to harvest it. They will by 2030.
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Post by Pooh on Feb 10, 2012 6:18:20 GMT
Ask sigurdur what the night sky looks like in his home state of ND. It is filled with flares fueled by natural gas because they do not have the infrastructure to harvest it. They will by 2030. It is everywhere, but not just natural gas. Take a look at this video: Watts, Anthony. “ New Paper and Stunning Video from the Space Station – UHI Much?†Scientific. Watts Up With That?, February 7, 2012. wattsupwiththat.com/2012/02/07/new-paper-and-stunning-video-from-the-space-station-uhi-much/
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Post by sigurdur on Feb 22, 2012 2:17:36 GMT
Glenn: You will be happy as I am, that ND will have 4 factories recovering natural gas by the end of this year.
And another thing to remember, is ND natural gas has more BTU's per cubic foot than the average gas of this country.
I don't remember the number that Kevin Cramer told me, but we will be shipping a LOT of natural gas very shortly.
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Post by glennkoks on Feb 22, 2012 5:25:21 GMT
sigurdur, I hope so. Its sad to waste it. NEW TOWN, N.D. — Across western North Dakota, hundreds of fires rise above fields of wheat and sunflowers and bales of hay. At night, they illuminate the prairie skies like giant fireflies. They are not wildfires caused by lightning strikes or other acts of nature, but the deliberate burning of natural gas by oil companies rushing to extract oil from the Bakken shale field and take advantage of the high price of crude. The gas bubbles up alongside the far more valuable oil, and with less economic incentive to capture it, the drillers treat the gas as waste and simply burn it. Attachments:
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Post by glennkoks on Feb 22, 2012 5:28:35 GMT
Every day, more than 100 million cubic feet of natural gas is flared this way — enough energy to heat half a million homes for a day.
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Post by sigurdur on Feb 27, 2012 16:37:15 GMT
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Post by magellan on Feb 27, 2012 17:27:10 GMT
Windmill and solar companies are dropping like flies, yet in your state unemployment is nearing 3%. How can this be? Is the wind and sun in ND special?
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Post by sigurdur on Feb 27, 2012 19:03:31 GMT
Windmill and solar companies are dropping like flies, yet in your state unemployment is nearing 3%. How can this be? Is the wind and sun in ND special? Magellan: Please don't spread this around ok? Yep.....the wind and sun are very special in ND. The wind blows every day, and the sun comes up every day. Ya do know that in some states of our great country that it is gloomy all the time as the rays of sunshine just never get through the BS so that the truth will blow out.
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Post by sigurdur on Feb 28, 2012 14:18:28 GMT
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Post by magellan on Mar 16, 2012 1:37:59 GMT
It's all a play on words. news.investors.com/article/604303/201203141303/oil-abundant-in-the-united-states.htmThe U.S. has 22.3 billion barrels of proved reserves, a little less than 2% of the entire world's proved reserves, according to the Energy Information Administration. But as the EIA explains, proved reserves "are a small subset of recoverable resources," because they only count oil that companies are currently drilling for in existing fields.
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Post by curiousgeorge on Mar 16, 2012 2:09:40 GMT
It's all a play on words. news.investors.com/article/604303/201203141303/oil-abundant-in-the-united-states.htmThe U.S. has 22.3 billion barrels of proved reserves, a little less than 2% of the entire world's proved reserves, according to the Energy Information Administration. But as the EIA explains, proved reserves "are a small subset of recoverable resources," because they only count oil that companies are currently drilling for in existing fields. Good catch. Thanks. ;D
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Post by trbixler on Mar 16, 2012 3:10:09 GMT
So what if its there, Skyrocket is in charge. "EPA regs could hamper oil, natural gas production, report says" "Despite rhetoric to the contrary, the Obama administration is poised to deal a major blow to U.S. oil and natural gas, a leading industry group charged Thursday. Domestic production of both fuels could plummet if proposed Environmental Protection Agency regulations, designed to limit emissions from well sites, go into effect later this year, according to an extensive new study commissioned by the American Petroleum Institute. The natural gas extraction technique known as “fracking” would be hardest hit, and fuel extracted via the popular process would drop by about 52 percent, according to a new study commissioned by API. Total gas production would decrease by about 11 percent, while domestic oil production could fall by as much as 37 percent, the report says." www.washingtontimes.com/news/2012/mar/15/epa-regulations-hamper-oil-gas-production-report/
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Post by magellan on Mar 16, 2012 3:36:03 GMT
So what if it there, Skyrocket is in charge. "EPA regs could hamper oil, natural gas production, report says" "Despite rhetoric to the contrary, the Obama administration is poised to deal a major blow to U.S. oil and natural gas, a leading industry group charged Thursday. Domestic production of both fuels could plummet if proposed Environmental Protection Agency regulations, designed to limit emissions from well sites, go into effect later this year, according to an extensive new study commissioned by the American Petroleum Institute. The natural gas extraction technique known as “fracking” would be hardest hit, and fuel extracted via the popular process would drop by about 52 percent, according to a new study commissioned by API. Total gas production would decrease by about 11 percent, while domestic oil production could fall by as much as 37 percent, the report says." www.washingtontimes.com/news/2012/mar/15/epa-regulations-hamper-oil-gas-production-report/Have you noticed Obama is now claiming he's the "oil" president? He's running scared because many have figured out his lying arse. His latest "fix" is to release the strategic oil reserves. The last time that was done it not only bounced back but shot higher. At a union rally the other day, you could tell Obama was lying because his mouth opened and noise came out. Every stupid asinine thing he said they all cheered. One in particular was how his great mandates on fuel mileage would save the average family $8,000 per year that led to howls of support. Considering the average family spends $3,000 per year, one has to wonder how stupid can people be. No offense if there are any brothers here, but most union people are mindless zombies. Quoting a once famous politician, "tell a lie often enough, loud enough, and long enough, and people will believe you." Obama will go down in history as the most corrupt president ever. If he gets four more years, the country is finished well before I thought it would be.
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Post by glennkoks on Mar 16, 2012 4:06:32 GMT
"Obama will go down in history as the most corrupt president ever. If he gets four more years, the country is finished well before I thought it would be. "
I think Obama's chances at being re-elected are very strong at this point. I would not be so quick to write this country off. We have made it through much more challenging situations in the past.
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