Untapped Oil Supply in the U.S. - Page 2

Louisiana-Oilman · #11 (**permalink**) 06-11-2008, 01:46 PM

Quote:

Originally Posted by JP5

My God. Why don't liberal Democrats educate themselves, for heaven's sakes? You are living in the past. Get yourself up to date on the new technologies of drilling. It's called slant-drilling and horizontal drilling. It's also done in a way to minimize any damage to the environment. How can you be so beholding to an extreme group of people???

BTW, oil companies are ALREADY heavy into R&D for alternative fuels.

I agree with you. These liberals have no idea what they are talking about and refuse to read the fine print of well production. The ANWAR drilling for oil proposal is just 3% of that vast multi million acre reserve. No enviroment would be destroyed because when you have to drill a well you are bound by contract to field dress the property back thus preserving the ecosystem. As a matter of fact Caribou lives have prospered significantly during the harsh winters due to the internal heaters of the Alaskan Pipeline. This is a useless argument with these people.

jcwang · #12 (**permalink**) 06-11-2008, 01:49 PM

If we don't use it, we lose it.

It's about time for congress to stop playing game with American people.

Whether it is an environmental concern or reservation strategy to not open drilling in Alaska or other potential oil fields, we have to set priority first and face our immediate threat NOW. Our economy is hurting from this outrage oil price and also enough American people are suffering from it financially.

Hopefully when we have enough oil and no longer rely on imported oil; our Domestic oil can be MUCH CHEAPER than the world market value. {this one is for the man above me, he is a different breed}.

JP5 · #13 (**permalink**) 06-11-2008, 02:49 PM

Quote:

Originally Posted by Questerr

I think an important question to ask would be "What type of oil is it?" There are different types that are refined into different things. Is the oil we have that we aren't tapping into even able to be used for gas or diesel?

If not, its a moot point.

If you really want to get angry or outraged at someone, get angry at the stock speculators and traders in oil futures who are artificially inflating the prices...but now that I think of it, you guys won't get outraged at them because they worship greed just like you do.

You're against any speculation in the markets? Then you must have hated it when Hillary Clinton made $100,000 in the futures market over a very short period of time. How angry did you get at her??? Just wondering.

JP5 · #14 (**permalink**) 06-11-2008, 02:52 PM

Quote:

Originally Posted by Questerr

I think an important question to ask would be "What type of oil is it?" There are different types that are refined into different things. Is the oil we have that we aren't tapping into even able to be used for gas or diesel?

If not, its a moot point.

If you really want to get angry or outraged at someone, get angry at the stock speculators and traders in oil futures who are artificially inflating the prices...but now that I think of it, you guys won't get outraged at them because they worship greed just like you do.

Quote:

Originally Posted by Louisiana-Oilman

I agree with you. These liberals have no idea what they are talking about and refuse to read the fine print of well production. The ANWAR drilling for oil proposal is just 3% of that vast multi million acre reserve. No enviroment would be destroyed because when you have to drill a well you are bound by contract to field dress the property back thus preserving the ecosystem. As a matter of fact Caribou lives have prospered significantly during the harsh winters due to the internal heaters of the Alaskan Pipeline. This is a useless argument with these people.

Yes---it's like they are all the "Stepford Wives" on this issue. They ALL believe the same thing that is spoon-fed to them by their leaders---without question, without investigation of their own.

JP5 · #15 (**permalink**) 06-11-2008, 02:56 PM

Quote:

Originally Posted by Foul-Mouthed-Margaret

Horizontal and slant drilling are not new technologies, having been introduced over 25 years ago.

So, why do libs and Dems act as if they've never heard of it???

Quote:

Originally Posted by Foul-Mouthed-Margaret

As ecological awareness has increased, the practicality of HD has gained traction among drilling companies to avoid some of the criticisms of the environmentists. Now, having said that, HD drilling has also made some strides recently making it even more effective than previously.

Our proven reserves are actually fairly low (compared to consumption) and in no way would be capable of making us oil independent. Our potential reserves could be significant but they are potential. Oil shale being the most intriguing because of the sheer amount of the estimates. While capable of producing a synthetic crude, the two extraction process both use tremendous amounts of water and can potentially foul large areas that are under extraction.

Now personally, and as a oil company employee, neither of the two opposing viewpoints in this thread are going to create US oil independence. We simply do not have the proven reserves to support our consumption, nor are we likely to. We have to do both - practice safer and more ecologically friendly drilling to expand into certain areas and institute changes in our present consumption levels.

On that, we agree. It will not bother me one bit to see the Hummer's go by the wayside. They belong on a Safari, IMO----not in a residential neighborhood. Let the market work---spurred by the high gasoline prices. No gov't mandates, though.

f0ca1 · #16 (**permalink**) 06-11-2008, 02:56 PM

Quote:

Originally Posted by JP5

You must be reading ONLY liberal environmentalists' sources. They have an agenda.

d

Don't BS a BSer. I asked a specific question: How much can it produce?

Use whatever oil-lobby propaganda you need.

Quote:

FACT is, there is an estimated 10.4 billion barrels of oil under the ANWR. And even if it proved to not be that much, whatever we get there would DEFINTELY help us to be more energy independent.

If I find two barrels of oil in my closet that "helps" too. But, it's a drop in the bucket compared to consumption.

Quote:

In addition to ANWR, we need to open up other areas for exploration----areas where gov't has put in so much red tape and rules, that it is unfeasable to do so.
THIS madness has to stop.

The madness is: destroying the environment for a drop in the bucket. For a little more crack.

Answer the question: how much will it produce?

Remember, we consume 20 million barrels a day and growing.

The only viable way to become energy independent is via alternative forms of energy.

Everything else is symptoms of addiction.dd

Questerr · #17 (**permalink**) 06-11-2008, 03:18 PM

Quote:

Originally Posted by JP5

You're against any speculation in the markets? Then you must have hated it when Hillary Clinton made $100,000 in the futures market over a very short period of time. How angry did you get at her??? Just wondering.

Ummm...dude, I hate Hilary. I've never supported her.

And yes, I don't think speculation should exist. It's already caused one Great Depression and I would prefer it if it didn't cause another. It should be illegal.

JP5 · #18 (**permalink**) 06-11-2008, 03:26 PM

Quote:

Originally Posted by Foul-Mouthed-Margaret

Horizontal and slant drilling are not new technologies, having been introduced over 25 years ago. As ecological awareness has increased, the practicality of HD has gained traction among drilling companies to avoid some of the criticisms of the environmentists. Now, having said that, HD drilling has also made some strides recently making it even more effective than previously.

Our proven reserves are actually fairly low (compared to consumption) and in no way would be capable of making us oil independent. Our potential reserves could be significant but they are potential. Oil shale being the most intriguing because of the sheer amount of the estimates. While capable of producing a synthetic crude, the two extraction process both use tremendous amounts of water and can potentially foul large areas that are under extraction.

Now personally, and as a oil company employee, neither of the two opposing viewpoints in this thread are going to create US oil independence. We simply do not have the proven reserves to support our consumption, nor are we likely to. We have to do both - practice safer and more ecologically friendly drilling to expand into certain areas and institute changes in our present consumption levels.

Quote: