That does sound too small, doesn't it?
Posted on 05/12/2013 9:02:09 PM PDT by 2ndDivisionVet
Following up on last week’s piece detailing the reasons why the Shale oil and natural gas boom has taken place in Texas, but not in other states like California and New York, we’ve seen quite a bit of interesting, related news pieces over the last several days.
On Monday, the Wall Street Journal published a very informative op/ed in its Review & Outlook section, titled “A Tale of Two Oil States”, which made more detailed comparisons between the economic performance between Texas and California, and the ways in which each state’s policy decisions related to shale development have affected that performance. Here is a key passage:
The two richest fields are the Eagle Ford shale formation in South Texas, where production is up 50% in the last year alone, and the 250-square mile Permian Basin. Midland-Odessa in the Permian is one of America’s fastest-growing metro areas.
More than 400,000 Texans are employed by the oil and gas industry (almost 10 times more than in California) and (Texas Railroad Commission Chairman Barry) Smitherman says the average salary is $100,000 a year. The industry generates about $80 billion a year in economic activity, which exceeds the annual output of all goods and services in 13 individual states.....
(Excerpt) Read more at forbes.com ...
California has enormous oil reserves, including offshore. But, we have to be liberal, and are not permitted to develop those resources. That’s the bottom line, that we have to be liberal and not allow oil development.
OTOH, that oil isn’t going anywhere. It will still be in the ground when it’s needed and a reasonably intelligent government comes to power.
Which in CA of course may be on the 12th of Never.
Maybe Cali with allow reasonable drilling after the rest of the world has moved on to other fuels.
The stone age didn't end because we ran out of stones. Neither did the bronze and iron age either. We will move past petroleum one day for another fuel.
“We will move past petroleum one day for another fuel.”
Yep!
Permian Basin 250 square miles?
It underlies an area approximately 250 miles wide and 300 miles long and includes the Texas counties of Andrews, Borden, Crane, Dawson, Ector, Gaines, Glasscock, Howard, Loving, Martin, Midland, Pecos, Reeves, Terrell, Upton, Ward, and Winkler.
Texas Online Handbook
I really like that source, if you haven’t noticed by now...
Meanwhile, in Qater, a gas rich desert state like southern California, they are busily building additional gas fired desalinization plants to produce the water they need.
California needs water and has gas. California does without water because it will not use the gas resource.
Better it is to die thirsty than use the gas
They have some good info there.
That does sound too small, doesn't it?
Yeah, I noticed that too. I think the WSJ meant to say 250,000 square miles, which would be close to right.
The county to the right of where it says Midland Basin is Howard County, it’s around 900 square miles. Our Big ranch is on the southern end of it and it totals 42 square miles. 25,000 would be a closer number and I think thats still a little shy.
It comes out to 75,000 but with the Cline shale coming into play I think we have to expand that number.
Maybe even up to 75,000 square miles.
That is nearly the size of the entire state of Texas.
261,231.7 Square Miles for Texas. Permian Basin isn't close to the entire state.
The way things are going, it may be sooner than you think. When the territory now known as California is divided up between the People's Republic of China and the People's Republic of Aztlan, oil will start flowing in abundance.
And the useful idiot environazis will be in the rail cars headed to the gulags.
There’s a very large brine aquifer in west texas. Currently the only place that’s making use of it in scale is el paso where they have a desalination plant.
However, its likely the big fracking companies will also use the briny aquifer for fracking—because they’ll need a lot of water.
Does anyone know as to whether they’ll use and reuse the water indefinitely? If not, west texas will suddenly have a lot of water available for desalination and clean up. Once cleaned up, fresh water in the desert can do a lot of interesting things.
My favorites are
Joule Unlimited http://www.jouleunlimited.com/
Sundrop farms http://www.sundropfarms.com/
Joule has a farm in new mexico where they pull water from the brine aquifer to make ethanol diesal and more recently gasoline and jet fuel.
Sundrop farms is located on the desert coast of australia. they use solar energy to desalinate seawater for green houses that produce all kinds of vegetables.
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