Posted on 06/09/2008 6:03:48 AM PDT by K-oneTexas
Private business should do this, if it is to be done at all. The fact that they haven’t suggests to me that it’s more hype than anything else, much like the other pi in the sky solutions to the energy crisis.
I wonder if anyone has considered the idea of drilling into the shale to see if there are pockets of pumpable oil, possibly even a massive reserve somewhere down there?
We may eventually go this route. In any event it looks like we are in for a painful decade or so while the energy situation shakes out.
Local water supplies for processing?
No way they will let THAT happen.
We have either a quart bottle or two trillion barrels of oil locked up in shale. Something like that.
Well, perhaps not, you idiot, but it sure as hell would help those of us who aren't on the take to survive $4/gallon gas. If you clowns would simply sign a bill to allow development of those resources, that sucking sound you'd hear would be the spot price of oil falling back to about half its current price. DRILL NOW!
Why even talk anout oil from shale while there are tens of billions of barrels of oil domestically that are merely set off limits for oil exploration by the U.S. Congress?
The high price of oil and gasoline is not the problem, it’s a symptom.
The socialists want the oil industry to fail so the federal government will then be able to ceize control of all oil compamies in the name of national security. It’s a set up.
We should not even be speaking of “shale oil”, we should instead be thinking of ways of kicking the liberal, socialists Democrats and the “environmentalists” to the curb.
There lies the problem. No matter how environmentally conscience the companies are in extracting the product, it won't be good enough for the eco-terrorist and activist judges.
This video is of the fella who accidentally stumbled upon a way to release hydrogen from salt water.....and ignite it.
University researchers have repeated these experiments time and time again.....to their amazement.
I'm no chemist, but it appears that the low powered freq agitates the hydrogen molecules to a point where they are released using salt as a catalyst.
The hydrogen burns clean and HOT. Saltwater is limitless!!!!
It's all about money folks, the producers and energy companies make too much money on oil.
Coal, natural gas, shale oil, wind, solar, hydrogen, nuclear, hydro, bio-fuel.
Energy crisis? There's no energy crisis, this is yet one more scheme to separate YOU, from your money.
What’s stoppoing YOU from producing your engine that runs on hydrogen extracted from sea water?
The lack of record billions in profit realized from shamming Joe six pack from the sale of energy.
Your turn.
Extracting oil from shale is a very expensive process. Would you invest Billions of dollars in a business that has a good chance of being nationalized in less than a year? We are overrun with socialists.
Shell has invested a lot of money in shale but they are being blocked by Washington.
http://money.cnn.com/2008/06/06/news/economy/birger_shale.fortune/index.htm
Welcome to the free market. This is due to one thing and one thing only and that’s a energy policy hostile to oil for the last 30 years.
I agree wholeheartedly, but where I differ a bit, I feel the energy producers have in fact capitalized on this market speculation with little loyalty to America and her economic health and security.
It is ALL our responsibility to guard the security of this nation. We all share in the blame game. Consumers should do their part as well, however congress has allowed the liberal enviro nuts to run energy policy, but on the same token, corporate America has turned a blind eye as well just so the dollars will just keep on flowin.
shammimg? Do you not know why oil and gas prices are so high? U.S. domestic oil production has fallen 40% since 1985, at the same time domestic oil consumption has risen 30%. Get it? There’s no sham, supply is being restricted.
How does a industry with companies that have a typical profit margin of only 9% to 10% recording billions of dollares in profit because the are huge companies hamper you from producing your hydrogen from seawater engine.
Do it....
You forget that nearly all of the richest oil shale like Green River reside on Government land.
Estonia, one of the few other countries with significant oil shale deposits has used oil shale to produce most of their petroleum for over a decade. They are now building a power plant in Jordan that runs on oil shale.
Jordan's first oil shale power plant expected in 7 years
http://www.menafn.com/qn_news_story_s.asp?storyid=1093194908
Read this article: http://www.freerepublic.com/focus/f-news/2028280/posts
The majority of the price rise is due to speculation combined with a falling dollar and surge in demand from countries like China and India, who subsidize their oil.
If anything the rise has spurred exploration by oil companies, problem is they do it overseas because they can’t do it here in most places, though apparently they are being successful in the Bakken field in the upper plains states.
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