It sounds like you are reading straight form a shale play company press release. You have been sucked up by the hype of America "the next Saudi Arabia". What about the massive amounts of water pollution - with a witches brew of chemicals that no one not even the government knows exactly what they are (trade secrets) - that despite the assurances that it would never happen is migrating up into the aquifers under the Marcellus and the Bakken as well as the Ford formations - which are the principle US shale oil and gas bearing formations. Besides being a very dirty business - that witches brew of chemicals injected into the ground in a slurry of water containing poppants under extremely high pressure - i.e. the process of fracking.
The wells in the Bakken and the Marcellus as well as the more mature Ford formations are experiencing much higher rates of depletion than traditional wells do, and the depletion is setting in much more quickly. Shale is a bubble, the pace of drilling is unsustainable, and as soon as it slows supplies will begin collapsing as the inexorable reality of rapid depletion sets in. The shale play works only as long as the sector can continue to sucker uninformed money into it to support the drilling of ever more new wells. There is also something else that most people do not understand about shale oil & gas and tar sands. Even if reserves may be huge - the Canadian Tar sands (which is turning Alberta into a moon scape of poisoned water and land) a Canadian national sacrifice zone - the rate of production form this resource is gated by the availability of both water and in the case of Canadian tar sands natural gas. Because of these other gating factors the rate of production will be capped far below what people seem to think. Mining tar sand is not like drilling for oil. It is much messier, energy intensive and has a lower energy payback and it the rate at which it can be extracted is gated by other factors than the size of the reserves. Chris From: everything-list@googlegroups.com [mailto:everything-list@googlegroups.com] On Behalf Of spudboy...@aol.com Sent: Thursday, November 07, 2013 6:50 AM To: everything-list@googlegroups.com Subject: Re: Our Demon-Haunted World Fur sure, that was the truth. Now we got's shale gas, which seems to pay a lot better, is safer to go after, and is cleaner, carbon-wise. Unless you are buying into technological unemployment (robots, software) then we have to face the fact. BHO's Keynesian way has fallen on its ass and has stayed down, like a fighter throwing a fight, after a payoff. Increased government employment doesn't seem to generate tax revenue very well. If the state is the only employer, and that employer fires you, where else are you going to find another job, Gospodin, Brent. ?? A private company isn't gonna give you any goodies, they're going to make you earn them and give you as little as possible. And if you tell them to go screw themselves they're not even gonna let you work for them. Look at the company coal mine towns in Kentucky. -----Original Message----- From: meekerdb <meeke...@verizon.net> To: everything-list <everything-list@googlegroups.com> Sent: Wed, Nov 6, 2013 8:30 pm Subject: Re: Our Demon-Haunted World On 11/6/2013 4:23 PM, spudboy...@aol.com wrote: BHO is barrack hussein obama, BHO. Government goodies dependency does this for them. Piss them off and they can take it away. Thats leverage. To a private company, you can tell them to go screw themselves. ?? A private company isn't gonna give you any goodies, they're going to make you earn them and give you as little as possible. And if you tell them to go screw themselves they're not even gonna let you work for them. Look at the company coal mine towns in Kentucky. Brent "Saint Peter don't you call me cause I can't go. I owe my soul to the company store." --- folk song -- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to everything-list+unsubscr...@googlegroups.com. To post to this group, send email to everything-list@googlegroups.com. Visit this group at http://groups.google.com/group/everything-list. For more options, visit https://groups.google.com/groups/opt_out. -- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to everything-list+unsubscr...@googlegroups.com. To post to this group, send email to everything-list@googlegroups.com. Visit this group at http://groups.google.com/group/everything-list. For more options, visit https://groups.google.com/groups/opt_out. -- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to everything-list+unsubscr...@googlegroups.com. To post to this group, send email to everything-list@googlegroups.com. Visit this group at http://groups.google.com/group/everything-list. For more options, visit https://groups.google.com/groups/opt_out.
