Not Logged In Log In   Sign Up   Points Leaders
Follow Us    5:37 AM

Message Forum - Read Message

Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Fracking means a new Middle East Back to Topics
FlatulenceOdor

All-Star Author
Maryland

Posts:505
Points:513,965
Joined:Sep 2012
Message Posted: Jan 28, 2013 4:26:53 PM

Imagine a future meeting of the Organization of Petroleum Exporting Countries, where the agenda is set not by Iran or Saudi Arabia, but by the United States. Oh, and the meeting takes place in Tel Aviv — because the other big power in OPEC is Israel.

That’s where the world is headed, thanks to the miraculous new technology known as fracking.
Visit NY POST for full article
REPLIES (newest first) Post a Reply
Profile Pic
LetemEatCake
Champion Author Oklahoma City

Posts:5,705
Points:1,360,915
Joined:Mar 2008
Message Posted: Jan 30, 2013 6:04:02 PM


Pop has just proved my point! Repeat, Repeat, Repeat with no substance!
Profile Pic
drpepperTX
Champion Author Texas

Posts:11,601
Points:1,085,325
Joined:Apr 2011
Message Posted: Jan 30, 2013 10:14:28 AM

LOL, while on evening troll again Cakes claims there is no opposition to hydraulic fracturing by the Eco-Imperialist left wing greenies.

Some refuse to see the truth! But they really should. Because.....

The truth shall set you free!

Profile Pic
Hemond
Champion Author Providence

Posts:10,993
Points:162,415
Joined:Oct 2006
Message Posted: Jan 30, 2013 12:58:08 AM

With all the new oil being discovered, who needs the middle east? We have a Saudi sized strike in Israel and Australia. We have massive new discoveries all over Texas, the Gulf, and the Gulf States of LA and MS. We have a massive discovery in Brazil. And on and on. Every time you open the paper there is new oil being discovered. Scotland, Egypt,Turkey, VietNam....

To answer my own question of who needs the middle east? The answer is no one. Let them eat camel dung.

[Edited by: Hemond at 1/30/2013 12:58:49 AM EST]
Profile Pic
LetemEatCake
Champion Author Oklahoma City

Posts:5,705
Points:1,360,915
Joined:Mar 2008
Message Posted: Jan 29, 2013 11:32:11 PM

LMAO! It would seem that Pop is on the rag again. What is an "Eco-Imperialist green folks?" Me thinks he has been watching too much Faux News with the lowest ratings since 9/11! It is obvious he can't speak without name calling or repeating himself endlessly about the truth will set you free. Who cares?

Spect' he will learn what the truth really is...ever?

[Edited by: LetemEatCake at 1/29/2013 11:34:01 PM EST]
Profile Pic
sjf238
Champion Author Philadelphia

Posts:1,215
Points:650,655
Joined:Mar 2011
Message Posted: Jan 29, 2013 4:56:08 PM

Great!
Profile Pic
TruthMatters
Champion Author New Jersey

Posts:3,338
Points:829,265
Joined:Oct 2011
Message Posted: Jan 29, 2013 2:35:13 PM

Sounds like a good future to me...if it has any shred of truth to it!
Profile Pic
Hemond
Champion Author Providence

Posts:10,993
Points:162,415
Joined:Oct 2006
Message Posted: Jan 29, 2013 1:59:24 PM

:::::Not really, the cost of drilling is way cheaper in Saudi, they can withstand $10 oil, our cost here is over $50.::::


No, they can't withstand $10 oil. The corrupt and self serving monarchies in the middle east need oil prices at $95 or more to keep the populace from
storming the palace and slitting their throats.

You can rest assured that the middle east despots are soiling their pants while watching whats happening in US oil fields.
Profile Pic
DanMtz
Champion Author Oakland

Posts:5,032
Points:1,578,890
Joined:Oct 2009
Message Posted: Jan 29, 2013 10:07:49 AM

Peak oil? What peak oil?
Profile Pic
drpepperTX
Champion Author Texas

Posts:11,601
Points:1,085,325
Joined:Apr 2011
Message Posted: Jan 29, 2013 8:40:59 AM

At the rate these new shale fields are being found who knows!
Profile Pic
SUPERSTEVIEO
Champion Author Quebec

Posts:3,523
Points:787,115
Joined:Oct 2010
Message Posted: Jan 29, 2013 4:55:12 AM

but will this cause a collapse of OPEC? if so where will the cost of OIL go? NG go?...
Profile Pic
heydano67
Champion Author California

Posts:2,454
Points:655,595
Joined:Feb 2012
Message Posted: Jan 29, 2013 3:31:58 AM

if we can drive the cost of oil down
Profile Pic
pricewar
Champion Author Ogden

Posts:3,656
Points:611,380
Joined:Jul 2012
Message Posted: Jan 29, 2013 2:39:17 AM

We are still fracking king of fracking
Profile Pic
iFueler
Champion Author Durham

Posts:73,178
Points:513,375
Joined:Nov 2012
Message Posted: Jan 29, 2013 1:01:36 AM

a little competition and product substitution does wonders for any market
Profile Pic
quasar502
Champion Author Lansing

Posts:5,157
Points:1,119,000
Joined:Jan 2011
Message Posted: Jan 29, 2013 12:24:23 AM

Wild. But they can still frack later.
Profile Pic
davenles
Champion Author Texas

Posts:4,857
Points:1,053,410
Joined:May 2011
Message Posted: Jan 28, 2013 11:01:53 PM

Don't see the Arab states running out of oil anytime soon.
Profile Pic
hpmossii
Sophomore Author Pennsylvania

Posts:246
Points:415,920
Joined:Oct 2012
Message Posted: Jan 28, 2013 10:54:17 PM

the fracking hype is building unrealistic expectations.
Profile Pic
LetemEatCake
Champion Author Oklahoma City

Posts:5,705
Points:1,360,915
Joined:Mar 2008
Message Posted: Jan 28, 2013 10:51:17 PM


"And the moon is made of cheese!" TOOO true.Worth repeating from OrphancarguyPE..."Its all magical thinking about fracking. There is lots of oil and natural gas to be had its true, but the slowly dawning reality is that it will be very very expensive.

Unlike a conventional field (Ghawar in Saudia Arabia--the largest field ever, 6.25% of all oil produced daily) you don't drill vertically and start extracting for 63 years nonstop. Or over 70 years. You drill vertically AND multiple horizontally, and within 18 months it has dropped off so much you need to drill another well just to keep production steady. At up to $10 million per well. Some discouraging words to counteract all the endless and unfounded hype."
Profile Pic
pleinyeux
Champion Author Montreal

Posts:2,233
Points:510,595
Joined:Oct 2012
Message Posted: Jan 28, 2013 10:27:01 PM

Imagine a future meeting in the moon !!!!!!!!!!
Profile Pic
drobbbb
Champion Author Maryland

Posts:5,011
Points:1,135,565
Joined:Dec 2010
Message Posted: Jan 28, 2013 9:54:18 PM

they are losing their minds in tehran and bagdad
Profile Pic
gbs1
Champion Author Minnesota

Posts:3,676
Points:1,078,025
Joined:Mar 2011
Message Posted: Jan 28, 2013 9:30:24 PM

A power shift would be good
Profile Pic
tankumo
All-Star Author Vancouver

Posts:735
Points:221,395
Joined:Dec 2012
Message Posted: Jan 28, 2013 9:29:31 PM

Not really, the cost of drilling is way cheaper in Saudi, they can withstand $10 oil, our cost here is over $50.

Profile Pic
TomT2Lee
Champion Author Cincinnati

Posts:6,330
Points:1,866,700
Joined:Sep 2005
Message Posted: Jan 28, 2013 9:25:00 PM

and the moon is made of cheese...
Profile Pic
CVA19
Champion Author Salem

Posts:2,393
Points:900,300
Joined:Aug 2011
Message Posted: Jan 28, 2013 9:05:05 PM

What a wonderful world it would be...
Profile Pic
djwhit
Champion Author Ohio

Posts:4,510
Points:1,533,080
Joined:Jul 2009
Message Posted: Jan 28, 2013 8:18:08 PM

GET IT DONE.........
Profile Pic
humblepie
Champion Author Toledo

Posts:48,833
Points:2,708,740
Joined:Mar 2006
Message Posted: Jan 28, 2013 7:44:33 PM

i like it a lot
Profile Pic
BobBG
Champion Author Albany

Posts:1,833
Points:1,105,835
Joined:Nov 2005
Message Posted: Jan 28, 2013 6:34:02 PM

Fracking: Not good here, not good there. Murdoch of course loves it anywhere.
Profile Pic
playtimeCLE
Champion Author Cleveland

Posts:10,213
Points:1,874,000
Joined:Nov 2008
Message Posted: Jan 28, 2013 6:20:30 PM

Us joining OPEC is the only way I can see us dropping the price of oil.
Profile Pic
orphancarguyPE
Champion Author PEI

Posts:5,358
Points:1,051,930
Joined:Jan 2011
Message Posted: Jan 28, 2013 6:17:45 PM

Its all magical thinking about fracking. There is lots of oil and natural gas to be had its true, but the slowly dawning reality is that it will be very very expensive.

Unlike a conventional field (Ghawar in Saudia Arabia--the largest field ever, 6.25% of all oil produced daily) you don't drill vertically and start extracting for 63 years nonstop. Or over 70 years. You drill vertically AND multiple horizontally, and within 18 months it has dropped off so much you need to drill another well just to keep production steady. At up to $10 million per well. Some discouraging words to counteract all the endless and unfounded hype.

http://seekingalpha.com/article/873141-the-real-natural-gas-production-decline
http://seekingalpha.com/instablog/121744-mark-anthony/1354531-the-real-bakken-shale-well-decline
http://www.businessinsider.com/arthur-berman-shale-is-magical-thinking-2013-1
Profile Pic
fencemanNY
Veteran Author New York

Posts:450
Points:446,205
Joined:Jul 2008
Message Posted: Jan 28, 2013 5:44:09 PM

New tech and new thinking. Both will shut down the middle east cartells.
Profile Pic
mike56MI
Champion Author Michigan

Posts:2,869
Points:637,665
Joined:Aug 2011
Message Posted: Jan 28, 2013 5:24:55 PM

OK
Profile Pic
md11capt
Champion Author Denver

Posts:4,128
Points:987,770
Joined:Mar 2011
Message Posted: Jan 28, 2013 5:20:49 PM

Rupert Murdoch's paper.
Profile Pic
endymion
Champion Author New York

Posts:2,237
Points:447,565
Joined:Nov 2012
Message Posted: Jan 28, 2013 5:00:02 PM

No, this won't bring peace in the middle east. The Palestinians want destruction of Israel and all of its land. Just look at their emblems or read their leader's statements. It's not about money, it is about making the land 100% Muslim. Just like Mecca - No Jews or Christians permitted.
Profile Pic
mitt4prez
Champion Author Tacoma

Posts:3,423
Points:1,575,270
Joined:Nov 2007
Message Posted: Jan 28, 2013 4:55:05 PM

Don't worry. The foreign policy establishment and the Green zanies will find ways to protect the Saudis.
Post a reply Back to Topics