On Tue, 5 Aug 2008 07:48:51 -0400, "D.Duck" wrote:


"hk" wrote in message
...
wrote:
On Tue, 05 Aug 2008 04:22:16 -0400, Eisboch wrote:



I have quite a bit of experience working with universities on federally
and state funded research projects and/or major programs. Although it
can be a viable way to develop technology, the academia culture that
exists in the universities does not lend itself to efficiently getting
the job done.

It may not be efficient, but it is profitable for the government.

http://web.mit.edu/newsoffice/1998/patents-0415.html


I'd rather we follow the Norwegian model for the "next" generation of
energy production, rather than the corporate model. All Norwegians benefit
directly from that country's ownership and control of its oil assets, and
it has helped build and maintain a secure middle class lifestyle for its
citizens. The Norwegian GPF is also a model for the world.

http://www.imf.org/external/pubs/ft/...POL070908A.htm


I see no reason to allow multinational corporations to control our future.


Now if we could only get some drilling going in the Gulf or on the mainland.
What's with this Ballken field in Montana/ND I've been reading about?

It's the Bakken Shale Field - 400 billion barrels of recoverable oil.
The field is about two miles down and is largely horizontal only about
20 feet or so in height. But, it's huge and with new technology,
recoverable.

Then there is the Haynesville Shale field for natural gas under which
they think is a huge field as big as Bakken, only it's really deep and
will take a while to access.

And the potential field on the OCS off New Jersey which could dwarf
the amount of oil that has ever been produced by the Middle East.

Now that the price is high enough, the world appears to be awash in
oil.

Funny thing about that. :)