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A really good article on renewable energy
In article ,
says... "Wayne.B" wrote in message ... On Tue, 13 Nov 2012 22:17:29 -0500, wrote: There is a story right now on the news saying the US will be a net exporter of oil by the end of the decade producing more than the Saudis. === And that's good news of course. Our oil will eventually be depleted however and the renewable energy research should continue unabated. If we do it right oil will eventually be worth more as an industrial feedstock than it is as a fuel. You can make electricity from wind, photons and fusion but you can't make plastic and chemicals that way. --------------------------------------------------- According to one article I read yesterday the US will become the largest oil producing nation by 2020 with an output capacity that exceeds all OPEC nations combined. That's only 8 years away. The driver has been technical advances in harvesting shale oil and it's cost effectiveness at today's oil prices. A claim made in the article blows me away, if true. The article claims that the entire world has used a total of 1 trillion barrels of oil in the past 100 years. Recently discovered shale oil reserves found in the Colorado area is estimated to contain 3 trillion barrels. There is also a vast supply of shale oil along the east coast, primarily in the PA area. If all true, we aren't going to run out of oil soon. In addition, the USA has an abundance of natural gas. This all cracks me up. Only ten years ago the hot discussion was "Peak Oil" and the claims that mankind was quickly depleting all the remaining natural oil reserves on earth, with no new sources to be found. Now, if true, Colorado has enough to last for another 300 years or so at the rate of consumption over the past 100 years. It could last longer, since overall the world's rate of consumption is declining due to greater efficiency of use. But, but, but oil is a finite resource. |
A really good article on renewable energy
In article ,
says... On Wed, 14 Nov 2012 00:56:40 -0500, "Eisboch" wrote: "Wayne.B" wrote in message .. . On Tue, 13 Nov 2012 22:17:29 -0500, wrote: There is a story right now on the news saying the US will be a net exporter of oil by the end of the decade producing more than the Saudis. === And that's good news of course. Our oil will eventually be depleted however and the renewable energy research should continue unabated. If we do it right oil will eventually be worth more as an industrial feedstock than it is as a fuel. You can make electricity from wind, photons and fusion but you can't make plastic and chemicals that way. --------------------------------------------------- According to one article I read yesterday the US will become the largest oil producing nation by 2020 with an output capacity that exceeds all OPEC nations combined. That's only 8 years away. The driver has been technical advances in harvesting shale oil and it's cost effectiveness at today's oil prices. A claim made in the article blows me away, if true. The article claims that the entire world has used a total of 1 trillion barrels of oil in the past 100 years. Recently discovered shale oil reserves found in the Colorado area is estimated to contain 3 trillion barrels. There is also a vast supply of shale oil along the east coast, primarily in the PA area. If all true, we aren't going to run out of oil soon. In addition, the USA has an abundance of natural gas. This all cracks me up. Only ten years ago the hot discussion was "Peak Oil" and the claims that mankind was quickly depleting all the remaining natural oil reserves on earth, with no new sources to be found. Now, if true, Colorado has enough to last for another 300 years or so at the rate of consumption over the past 100 years. It could last longer, since overall the world's rate of consumption is declining due to greater efficiency of use. ===== Anything that reduces our dependence on the Middle East is real progress. Our problem is that those who are Progressives want us to buy oil from external sources to spread the wealth around. |
A really good article on renewable energy
In article ,
says... On Tue, 13 Nov 2012 16:17:20 -0500, iBoaterer wrote: In article , says... On Tue, 13 Nov 2012 11:45:55 -0500, iBoaterer wrote: http://tinyurl.com/arlcrok Yet another worthless link. Worthless? Please tell, what was not true about the article and why is it worthless? What article? http://tinyurl.com/arlcrok |
A really good article on renewable energy
In article ,
says... On Tue, 13 Nov 2012 19:39:48 -0500, BAR wrote: In article om, says... On 11/13/2012 2:51 PM, GuzzisRule wrote: On Tue, 13 Nov 2012 11:45:55 -0500, iBoaterer wrote: http://tinyurl.com/arlcrok Yet another worthless link. he's at least learned to post a clickable link. Ya gotta give him credit for that. Gasoline is a by product of refining oil into Kerosene. You never know what is going to be the next fuel. Electricity is not a fuel. There is a story right now on the news saying the US will be a net exporter of oil by the end of the decade producing more than the Saudis. Yeah, and it will last forever, never run out..... |
A really good article on renewable energy
In article ,
says... "Wayne.B" wrote in message ... On Tue, 13 Nov 2012 22:17:29 -0500, wrote: There is a story right now on the news saying the US will be a net exporter of oil by the end of the decade producing more than the Saudis. === And that's good news of course. Our oil will eventually be depleted however and the renewable energy research should continue unabated. If we do it right oil will eventually be worth more as an industrial feedstock than it is as a fuel. You can make electricity from wind, photons and fusion but you can't make plastic and chemicals that way. --------------------------------------------------- According to one article I read yesterday the US will become the largest oil producing nation by 2020 with an output capacity that exceeds all OPEC nations combined. That's only 8 years away. The driver has been technical advances in harvesting shale oil and it's cost effectiveness at today's oil prices. A claim made in the article blows me away, if true. The article claims that the entire world has used a total of 1 trillion barrels of oil in the past 100 years. Recently discovered shale oil reserves found in the Colorado area is estimated to contain 3 trillion barrels. There is also a vast supply of shale oil along the east coast, primarily in the PA area. If all true, we aren't going to run out of oil soon. In addition, the USA has an abundance of natural gas. This all cracks me up. Only ten years ago the hot discussion was "Peak Oil" and the claims that mankind was quickly depleting all the remaining natural oil reserves on earth, with no new sources to be found. Now, if true, Colorado has enough to last for another 300 years or so at the rate of consumption over the past 100 years. It could last longer, since overall the world's rate of consumption is declining due to greater efficiency of use. The trouble is getting it out will be by the scorched earth approach. |
A really good article on renewable energy
In article ,
says... In article , says... On Wed, 14 Nov 2012 00:56:40 -0500, "Eisboch" wrote: "Wayne.B" wrote in message .. . On Tue, 13 Nov 2012 22:17:29 -0500, wrote: There is a story right now on the news saying the US will be a net exporter of oil by the end of the decade producing more than the Saudis. === And that's good news of course. Our oil will eventually be depleted however and the renewable energy research should continue unabated. If we do it right oil will eventually be worth more as an industrial feedstock than it is as a fuel. You can make electricity from wind, photons and fusion but you can't make plastic and chemicals that way. --------------------------------------------------- According to one article I read yesterday the US will become the largest oil producing nation by 2020 with an output capacity that exceeds all OPEC nations combined. That's only 8 years away. The driver has been technical advances in harvesting shale oil and it's cost effectiveness at today's oil prices. A claim made in the article blows me away, if true. The article claims that the entire world has used a total of 1 trillion barrels of oil in the past 100 years. Recently discovered shale oil reserves found in the Colorado area is estimated to contain 3 trillion barrels. There is also a vast supply of shale oil along the east coast, primarily in the PA area. If all true, we aren't going to run out of oil soon. In addition, the USA has an abundance of natural gas. This all cracks me up. Only ten years ago the hot discussion was "Peak Oil" and the claims that mankind was quickly depleting all the remaining natural oil reserves on earth, with no new sources to be found. Now, if true, Colorado has enough to last for another 300 years or so at the rate of consumption over the past 100 years. It could last longer, since overall the world's rate of consumption is declining due to greater efficiency of use. ===== Anything that reduces our dependence on the Middle East is real progress. Our problem is that those who are Progressives want us to buy oil from external sources to spread the wealth around. Cite? |
A really good article on renewable energy
In article ,
says... In article , says... "Wayne.B" wrote in message ... On Tue, 13 Nov 2012 22:17:29 -0500, wrote: There is a story right now on the news saying the US will be a net exporter of oil by the end of the decade producing more than the Saudis. === And that's good news of course. Our oil will eventually be depleted however and the renewable energy research should continue unabated. If we do it right oil will eventually be worth more as an industrial feedstock than it is as a fuel. You can make electricity from wind, photons and fusion but you can't make plastic and chemicals that way. --------------------------------------------------- According to one article I read yesterday the US will become the largest oil producing nation by 2020 with an output capacity that exceeds all OPEC nations combined. That's only 8 years away. The driver has been technical advances in harvesting shale oil and it's cost effectiveness at today's oil prices. A claim made in the article blows me away, if true. The article claims that the entire world has used a total of 1 trillion barrels of oil in the past 100 years. Recently discovered shale oil reserves found in the Colorado area is estimated to contain 3 trillion barrels. There is also a vast supply of shale oil along the east coast, primarily in the PA area. If all true, we aren't going to run out of oil soon. In addition, the USA has an abundance of natural gas. This all cracks me up. Only ten years ago the hot discussion was "Peak Oil" and the claims that mankind was quickly depleting all the remaining natural oil reserves on earth, with no new sources to be found. Now, if true, Colorado has enough to last for another 300 years or so at the rate of consumption over the past 100 years. It could last longer, since overall the world's rate of consumption is declining due to greater efficiency of use. But, but, but oil is a finite resource. Yes, it is. |
A really good article on renewable energy
"iBoaterer" wrote in message ... The trouble is getting it out will be by the scorched earth approach. ------------------------------------- Not so. Newly developed technology does not require strip mining of the shale. It can be done underground and in place. “The technical groundwork may be in place for a fundamental shift in oil shale economics,” the Rand Corporation recently declared. “Advances in thermally conductive in-situ conversion may enable shale-derived oil to be competitive with crude oil at prices below $40 per barrel. If this becomes the case, oil shale development may soon occupy a very prominent position in the national energy agenda.” |
A really good article on renewable energy
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