Posted on 03/07/2008 7:15:40 AM PST by Red Badger
Rest In Peace, old friend, your work is finished.....
If you want ON or OFF the DIESEL KnOcK LIST just FReepmail me.....
This is a fairly HIGH VOLUME ping list on some days.....
KnOcK!............
-bflr-
pflr
Excellent. Let the invasion of Venezuela begin immediately. Dibs on all the chicks under 40.
Hope it works
I guess that is what they are doing with those high profits.
There are already other economically viable hydrocracking methods for Ultra-Heavy Oil currently in use, though perhaps this one is even better.
The REAL problem, though, is not extracting light-weight oil from the oil sands, but rather extracting the oil sands from the site.
Oil sand stocks don’t seem to have reacted to this news yet.
Regards,
Its been a while since pet coke was sent to the landfill. Its presently selling for more than $75/ton. The flip side of a coker, more asphalt supply, has been largely resolved by $300-$450/ton asphalt, which has stalled a number of coker projects at US refineries. Cokers pull an extra cut of gasoline and gas oils from excess asphalt streams and make a solid fuel called pet coke. 25 years ago, there was an excess of coke on the market because it was hard to find a market for the stuff. This has changed.
If Hillary had taken the profits, she’d have come up with something better than this years ago! /s
Exxon yesterday announced that they will “raise 2008 capital spending to more than $25 billion to cope with escalating costs for drilling rigs and engineers. ... [Exxon] will will increase spending on exploration, refineries and chemical plants by more than 20 percent from $20.85 billion in 2007”. The WSJ article says they are going after oil in many new places around the world that aren’t normally thought of as oil patches and are drilling in 2 miles of ocean. New recovery technologies are sending them back to fields that were closed a decade ago, too.
I guess they decided they’d better spend it before Shrillary got her mitts on it.
Hasta la vista, Chavez! Ain’t nuthin’ stopping the oil industry when they want something.
Chavez is dancing in glee right now, it makes his thick crap even more usable.
so, that is what they are doing with all those evil profits! Someone should tell Hillary.
Bookmark and thanks
read
...apparently this is good news not only for our enemy to the south but also our friends to the north.
Very expensive oil makes for all sorts of viable sources. Hopefully coal conversion and/or shale extraction will see a similar breakthough.
I was wondering if all that old road asphalt that’s ripped up every time they repave a stretch of highway could be re-cycled into fuel?..............
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