Page 8 of 12 FirstFirst ... 678910 ... LastLast
Results 71 to 80 of 113

Thread: Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says

  1. #71
    Iconoclast
    DaveFagan's Avatar
    Join Date
    Mar 2011
    Location
    wny
    Last Seen
    Today @ 12:48 AM
    Lean
    Conservative
    Posts
    7,294

    Re: Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says

    Quote Originally Posted by j-mac View Post
    Simple. Supply and demand still drive the market, but in the case of oil being traded on the market as a future, coupled with the ability to trade without actually placing any monetary stake during the trade, has caused artificial spikes.
    Not spikes. The price is still high. I'm suggesting that the supply system may have monopoly powers as regards the control of price because cause only works for spikes.

  2. #72
    Iconoclast
    DaveFagan's Avatar
    Join Date
    Mar 2011
    Location
    wny
    Last Seen
    Today @ 12:48 AM
    Lean
    Conservative
    Posts
    7,294

    Re: Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says

    Quote Originally Posted by ecofarm View Post
    It must be nice to have an "other" that represents the evil people and that everything can be blamed on. Then again, not really my bag.

    He just represents the focus point of those who initiate "Resource Wars" for fun and profit. No virtuous moral motives. We'll be paying for that war for a long time. However, the war profiteers will profit for a long time. Jus' bidness, eh?

  3. #73
    Banned
    Join Date
    Sep 2012
    Last Seen
    07-08-14 @ 06:23 PM
    Gender
    Lean
    Undisclosed
    Posts
    2,325

    Re: Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says

    Quote Originally Posted by mbig View Post
    This is the Game Changer we need.
    IMO, the long term economic outlook is only so-so at best without it.
    This is our manufacturing advantage/comeback over EU/China etc. Some foreign plants are already planning to locate here to take advantage of our cheap NG.
    This will largely free us from M-E fuel and help pay for the inevitable and otherwise impossible Social Spending increases.

    Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says - WSJ.com
    Updated November 12, 2012, 11:49 a.m. ET
    By BENOÎT FAUCON
    All this potential success & "game changing" just seems so.... anti-Democrat.

  4. #74
    global liberation

    ecofarm's Avatar
    Join Date
    Jun 2010
    Location
    Miami
    Last Seen
    Yesterday @ 11:28 PM
    Gender
    Lean
    Independent
    Posts
    66,371

    Re: Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says

    Quote Originally Posted by DaveFagan View Post
    He just represents the focus point of those who initiate "Resource Wars" for fun and profit. No virtuous moral motives. We'll be paying for that war for a long time. However, the war profiteers will profit for a long time. Jus' bidness, eh?
    I think that's Unibomber-level disconnected.

  5. #75
    Iconoclast
    DaveFagan's Avatar
    Join Date
    Mar 2011
    Location
    wny
    Last Seen
    Today @ 12:48 AM
    Lean
    Conservative
    Posts
    7,294

    Re: Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says

    Quote Originally Posted by ecofarm View Post
    I think that's Unibomber-level disconnected.

    There is a responsibility for deaths at levels exponentially higher than any Unibomber ever contemplated. Contemplate one million dead Iraqis. Maybe even a million orphans, or a million refugees. All for a little resource greed and military/industrial/corporate profiteering. Have a nice day. reality bites.

  6. #76
    onomatopoeic
    mbig's Avatar
    Join Date
    May 2009
    Last Seen
    04-20-17 @ 08:59 PM
    Gender
    Lean
    Other
    Posts
    10,350

    Re: Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says

    The Jury is still out on Many aspects of Fracking, but on balance it's arguably even been good for the environment due to 42% lower emissions of NG than coal.

    Fracking: It’s Good for the Economy…AND the Environment
    Yahoo Daily Ticker Vid
    6 mins
    Fracking: It
    Last edited by mbig; 12-12-12 at 01:21 PM.
    I'm personally sick of not being able to dunk a basketball because of racism.
    anon

  7. #77
    Finite and Precious
    Jredbaron96's Avatar
    Join Date
    Mar 2011
    Location
    With you.
    Last Seen
    Yesterday @ 07:24 PM
    Gender
    Lean
    Liberal
    Posts
    7,874
    Blog Entries
    2

    Re: Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says

    Jeesh. Turning shale into oil ain't cheap. But, hopefully it's worth the cost.


    Wait, are we talking about oil shale or shale oil?
    Last edited by Jredbaron96; 12-12-12 at 01:05 PM.
    "Human kindness has never weakened the stamina or softened the fiber of a free people. A nation does not have to be cruel to be tough."
    -FDR

  8. #78
    Banned
    Join Date
    Oct 2012
    Last Seen
    09-18-16 @ 03:33 PM
    Gender
    Lean
    Progressive
    Posts
    12,029

    Re: Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says

    Quote Originally Posted by mbig View Post
    This is the Game Changer we need.
    Obama's steady balanced approach leads to good result again.

    Note that fracking was developed by the Energy Department, with decades of pubic investment. If conservatives had their debt fetish antigummit ways, it would never have been developed.

    Fracking Developed With Decades Of Government Investment

  9. #79
    Banned
    Join Date
    Oct 2012
    Last Seen
    09-18-16 @ 03:33 PM
    Gender
    Lean
    Progressive
    Posts
    12,029

    Re: Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says

    Quote Originally Posted by mbig View Post
    The Jury is still out on Many aspects of Fracking, but on balance it's arguably even been good for the environment due to 42% lower emissions of NG than coal.

    Fracking: It’s Good for the Economy…AND the Environment
    Yahoo Daily Ticker Vid
    6 mins
    Fracking: It
    And it can be sensibly regulated to mitigate its detrimental effects - of course the GOP doesn't want to do that, due to their apparent abandonment to irrationality.

    We can have fracking -- giving us relatively cheap energy for a century, resulting in huge economic growth -- plus sensible regulations to prevent our water supply from being affected.

    Once again, conservative ideology stands in the way of progress

  10. #80
    Educator
    Join Date
    Sep 2012
    Last Seen
    02-08-13 @ 10:14 AM
    Lean
    Libertarian - Left
    Posts
    843

    Re: Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says

    Quote Originally Posted by DaveFagan View Post
    In this area, SWNY, it is very common to store it in played out NG fields. Storage wells. This is done with huge compressor stations. It's been done for decades.
    …and yet it is harder to do, overall. Which is part of why the US BOE stockpiles of NG compared to monthly usage is roughly 1/10 of storage to usage ratio for liquid hydrocarbons.

Page 8 of 12 FirstFirst ... 678910 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •