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Thread: $20 trillion shale oil find surrounding Coober Pedy 'can fuel Australia'

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    $20 trillion shale oil find surrounding Coober Pedy 'can fuel Australia'

    $20 trillion shale oil find surrounding Coober Pedy 'can fuel Australia' | News.com.au

    Brisbane company Linc Energy yesterday released two reports, based on drilling and seismic exploration, estimating the amount of oil in the as yet untapped Arckaringa Basin surrounding Coober Pedy ranging from 3.5 billion to 233 billion barrels of oil.

    At the higher end, this would be "several times bigger than all of the oil in Australia", Linc managing director Peter Bond said.
    This has the potential to turn Australia from an oil importer to an oil exporter.

    "If it comes in the way the reports are suggesting, it could well and truly bring Australia back to (oil) self-sufficiency," Mr Bond said.
    Between this and other finds in Canada and the US there are several times as much oil to be had as has ever been used by humans.

    "The urge to save humanity is almost always a false front for the urge to rule." --HL Mencken

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    Re: $20 trillion shale oil find surrounding Coober Pedy 'can fuel Australia'

    Quote Originally Posted by LowDown View Post
    $20 trillion shale oil find surrounding Coober Pedy 'can fuel Australia' | News.com.au



    Between this and other finds in Canada and the US there are several times as much oil to be had as has ever been used by humans.
    Getting it will to a refinery without epic pollution, not to mention cost will negate a lot of any notion of a new oil-rich era. Recoverability will be a ahhhh sticking point.

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    Re: $20 trillion shale oil find surrounding Coober Pedy 'can fuel Australia'

    That should ease tensions in that region. Make India and China happy. This is great world news.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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    Re: $20 trillion shale oil find surrounding Coober Pedy 'can fuel Australia'

    Quote Originally Posted by notquiteright View Post
    Getting it will to a refinery without epic pollution, not to mention cost will
    negate a lot of any notion of a new oil-rich era. Recoverability will be a ahhhh sticking point.
    Epic polution is just a fallacy manufactured by the lunatics on the left who are realizing their abillity to manipulate the ignorant low information voters with demagoguery and scare tactics is slowly slipping away.

    Shale oil Boyee....its the future and the wind farms and stoopid solar nonsense will be just a embarassment, one of many of the left as more and more people realize green energy was a scam from the get go.

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    Re: $20 trillion shale oil find surrounding Coober Pedy 'can fuel Australia'

    It will be tapped and then left alone as a massive dump of new oil onto the market would kill any econpomic growth thats happening now.

    Almost all of any growth is because of oil.

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    Re: $20 trillion shale oil find surrounding Coober Pedy 'can fuel Australia'

    Quote Originally Posted by Fenton View Post
    Epic polution is just a fallacy manufactured by the lunatics on the left
    Wow...

    I've seen far righties claim climate change was a hoax

    I've Seen far righties claim evolution was a farce

    I've seen far righties claim Obama was exactly like Hitler...

    But I never dreamed of the day when I would see a far righty claim that oil doesn't cause pollution.

    I'm sorry you were talking about low information voters?

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    Re: $20 trillion shale oil find surrounding Coober Pedy 'can fuel Australia'

    Quote Originally Posted by LowDown View Post
    $20 trillion shale oil find surrounding Coober Pedy 'can fuel Australia' | News.com.au



    Between this and other finds in Canada and the US there are several times as much oil to be had as has ever been used by humans.
    I read that the Canadian oil sands alone have as much fossilized Co2 as has been released by man since the start of the industrial revolution. That's millions of tons of greenhouse gas to melt the glaciers and put 1/3 of the Earths population under the seas. I'm glad I'll be dead.

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