Nickodell
Donation Time
God Bless Shell oil
AKA The Anglo-Dutch Oil Company. The Anglo-Iranian Oil Co. changed its name to BP some years ago. I wonder why?
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Enjoy.
God Bless Shell oil
lol....you know what I meant....and as Sky has reminded us, petroleum based products go way beyond petrol...ummm...like everything in your house and office.
But in the meantime we are their mercy as to cost and what will we use for petroleum for manufacturing purposes when it's cost becomes several hundred dollars a barrel?"Yes, but the idea there is a BUNCH of oil out there, ready for the taking but for the environmentalist, is a load of crap. You can have all the "facts" correct but one (say, cost of production) and it makes the whole message a lie."
From Bill
Bill, Agreed
Lots of Hydrocarbon out there in the shale areas, but it probably easier to get oil out of old asphalt. Production costs make it practically unuseable unless crude gets extremely high. Theres a lot of hydrogen and oxygen in the sea, but it cost a lot to get it to a useable form. If the econonic jump bars are cleared, I think there could be an acceptable environmental method for production, but as long as there are less expensive methods to get oil out of the resevoirs, there is no need to exploit the shale for oil. The shale areas are very productive nat gas areas, I think.
But I really don't have a problem using foreign oil at this point. If it really is a finite resource, I think it would be better to use up someones elses oil before using ours.
You mentioned that cost is not all that matters. I can see some merit in that statement, but I cannot see any company developing $150 oil for a $75 market. Are you suggesting we should subsidize production from the Bakken or other formations?
Bill
As I understand the issue, clean coal involves capturing the Co2 and either injecting it underground or sequestering it. That's what makes it clean. How its done, I do not know. There are some plants on line that use the Co2 to pressurize existing oil fields to enhance production. For other plants, maybe make a few million more tons of limestone?
Bill