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Business week article: Endless Oil

Discussion in 'The Okie Corral' started by Atlas, Jan 11, 2010.

  1. Atlas

    Atlas transmogrifier

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  2. .264 magnum

    .264 magnum CLM

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    Hey Atlas thanks for the post and my words are not aimed at you.

    The peak-oil gullibles, officially proved wrong - or 100 years premature take your pick, are many of the same folks who think the US economy is going to die.

    Anyone paying attention has known that significant oil production plays almost always out-produce initial estimates soundly. It's like making football players run the 40 holding a 50 pound sack of flower and then being shocked that the guy is actually faster than the initial estimate. The tests and analysis are just wrong.

    Between oil and natural gas the US could internalize much of our demand for foreign oil/gas. Yes, stupid as it sounds we do import some gas. If we did internalize a significant potion of our currently imported energy load that alone would go a long way towards fixing our economy - and the dollar would strengthen significantly.
     

  3. .264 magnum

    .264 magnum CLM

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    bump for the night crew