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U.S. Says 400-Billion Barrel Bakken Oil Field a 'Myth'
CNSNews ^ | June 18, 2008 | Keriann Hopkins CNSNews.com Correspondent

Posted on 06/18/2008 10:10:46 AM PDT by Ernest_at_the_Beach

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To: kcm.org

Yeah, there are better crops than corn to use for ethanol such as switchgrass.

They can also use by products which have no impact on food production such as corn stover, wheat straw, and sugar cane bagasse. But they don’t use these products to make ethanol though.

Switchgrass is superior than both sugarcane and corn for fuel production in that it has enough biomass to produce up to 100 gallons per metric ton meaning it can produce 1000 gallons of ethanol per acre compared to 665 gallons for sugarcane and 400 gallons for corn.

And unlike corn, once switchgrass is planted, you do not have to plant it again.


81 posted on 06/19/2008 8:35:56 AM PDT by 2CAVTrooper (Democrats: Supporting America's enemies since 1824)
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To: 2CAVTrooper
Yep, switchgrass is much, much better--and it is a weed, so it will get out of hand in no time.

Speaking of "weed," not marijuana, but it's close cousin whose name I forget at the moment--hemp!--is another winner, if.....

82 posted on 06/19/2008 8:58:01 AM PDT by kcm.org (Soros declares crude oil prices are a bubble)
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To: Young Werther
What ever your wife’s family does try to get a play or pay clause in the contract. They can and are tying up land allover with no intentions to drill - ever. A good lawyer is worth it in these deals. BTW I have two small wells in Southern Missouri. I cut the lawyer in for a piece of the royalties BEFORE he went to negotiate.
83 posted on 06/19/2008 9:07:45 AM PDT by mad_as_he$$ (Will this thread be jacked by a Mormon?)
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To: mad_as_he$$

My wife’s older siblings are directly involved and have a Dak Lawyer who has done this before. The whole family is well educated and doing a fine job. Thanks for the advice. I will pass it along!


84 posted on 06/19/2008 9:20:12 AM PDT by Young Werther (Julius Caesar (Quae Cum Ita Sunt. Since these things are so.))
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To: Young Werther

Very good!!! The oil business is full of schemes to make it hard for the landowner to come out on top.


85 posted on 06/19/2008 1:03:17 PM PDT by mad_as_he$$ (Will this thread be jacked by a Mormon?)
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To: 2CAVTrooper

Ok, a few analysts, out of thousands think it’s primarily speculation. The thing you people can never answer is why doesn’t oil plummet right before the contracts end (which means you must take delivery) if it’s mainly or even a large part speculation? Why are oil inventories dropping in the face of record prices and well below the historical average in inventories? If it was speculation, wouldn’t we see huge builds in inventory?


86 posted on 06/19/2008 8:54:07 PM PDT by rb22982
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