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Posted on 12/06/2011 5:27:41 AM PST by thackney
...obama will do his best to stop any growth.
The Obama administration is already trying to take away the ability of the states to regulate hydraulic fracturing. If they can do that, then the feds will shut down gas production like they have drilling the Gulf of Mexico. 2012 can not come soon enough.
I was recently given an opportunity to obtain a formerly producing gas well (it produced for 18 months before its pipe caved in under extremely high pressure). During its operation, it had revenue of $1 Million. The operator (like many in the “patch,” believes it has demons) does not want to put any more dollars into it. He knew that he had thin, inferior pipe when it was completed, but got the pipe on a trade-out, and thought he would use it out of respect for his partner.
But, after consulting with clients of mine in the oil/gas industry I decided not to promote. The most compelling recommendation was from a man that said that with the falling price of gas, and $100/bbl for oil, most rigs are being shifted to drilling for oil. They can charge more!
Yes, gas is available. But oil is more profitable now. Gas will have its time. It reminds me of a question I ask my clients occasionally: Would you rather have $1,000 or $100? They all choose correctly.
Gwjack
As we can see from the charts linked below, most of the growth in the active rig counts has been in oil for the last 18 months.
Amen to that, bro.
Propane costs are killing me. Why can’t a liquid fuel be made from cheap nat gas?
besides, does Obama now want to go to Ohio and tell them that they AREN’T going to get those 200,000 new jobs after all?
The amusing thing is a great percentage of his most fervent admirers, like my three lib sisters, are completely oblivious to the fact that he's willing to suppress jobs, and the national product, to keep his propers with a tiny segment of the American populace---the leftist, green, enviro-nutjob.
Where’s the “Frackerator”?... The household device that separates the gas from drinking water. Water and heating fuel from contaminated wells...
Natural gas is the fuel of the future,
but of course, since the left seeks to remove the use of energy from the masses, they will block it however they can.
For now, though, I’m going to take steps that recognize that the nat gas grid is actually MORE STABLE than the electric grid and hook up a natural gas standby generator.
I’d recommend this step to anyone that has nat gas piped to their residence.
Energy is life. Restrict energy availability and humans die. No two ways about it. And the left knows this fact as well. Their “father” wants it to happen.
That’s an unfortunate title.
The goal of Gang Green is NO ENERGY USAGE by the masses.
The reason they are pushing for “green” energy is that they know it is incapable of providing cheap and highly available energy to everyone.
And as for your three libs, keep in mind the whole point, for sheeperals at least, is to feel good about themselves for caring. Perhaps a “I’m glad you feel good about yourself for supporting this policy, but it does no good for everyone else” line of “reasoning” would be in order.
Yep, the lefties will do what ever they can to stop drilling, making up lies about fracking and judges, too stupid to actually study the issues first hand, will take their word for it, just as they did with the fickin’ spotted owl and shutting down the lumber industry in the US, which has cost us thousands of jobs, not to mention it has driven the cost of lumber up and the quality down.
It's rather stunning when Zero makes claims about how many jobs will be created through “green energy”, yet when you have an mature industry telling you how many jobs will be created they question the numbers.
States need to tell the feds and all of the job killing and jackas epa crap to go to hell! Rebel! How dare they rob people of their God given rights to be employed in some cases!
States need to tell the feds and all of the job killing and jackass epa crap to go to hell! Rebel! How dare they rob people of their God given rights to be employed in some cases!
They can, but the process isn't cheap, at least not yet.
Shell: world's biggest gas-to-liquids plant to start soon
http://www.freerepublic.com/focus/f-news/2731066/posts
The better hope on the nearer horizon is developing fields like the Utica Shale will have more natural gas liquids providing more propane and helping to lower prices.
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