LetemEatCake
Champion Author
Oklahoma City
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Message Posted: Jan 30, 2013 6:04:02 PM
Pop has just proved my point! Repeat, Repeat, Repeat with no substance!
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drpepperTX
Champion Author
Texas
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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!
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Hemond
Champion Author
Providence
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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]
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LetemEatCake
Champion Author
Oklahoma City
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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]
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sjf238
Champion Author
Philadelphia
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Message Posted: Jan 29, 2013 4:56:08 PM
Great!
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TruthMatters
Champion Author
New Jersey
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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!
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Hemond
Champion Author
Providence
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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.
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DanMtz
Champion Author
Oakland
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Message Posted: Jan 29, 2013 10:07:49 AM
Peak oil? What peak oil?
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drpepperTX
Champion Author
Texas
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Message Posted: Jan 29, 2013 8:40:59 AM
At the rate these new shale fields are being found who knows!
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SUPERSTEVIEO
Champion Author
Quebec
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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?...
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heydano67
Champion Author
California
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Message Posted: Jan 29, 2013 3:31:58 AM
if we can drive the cost of oil down
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pricewar
Champion Author
Ogden
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Message Posted: Jan 29, 2013 2:39:17 AM
We are still fracking king of fracking
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iFueler
Champion Author
Durham
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Message Posted: Jan 29, 2013 1:01:36 AM
a little competition and product substitution does wonders for any market
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quasar502
Champion Author
Lansing
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Message Posted: Jan 29, 2013 12:24:23 AM
Wild. But they can still frack later.
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davenles
Champion Author
Texas
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Message Posted: Jan 28, 2013 11:01:53 PM
Don't see the Arab states running out of oil anytime soon.
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hpmossii
Sophomore Author
Pennsylvania
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Message Posted: Jan 28, 2013 10:54:17 PM
the fracking hype is building unrealistic expectations.
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LetemEatCake
Champion Author
Oklahoma City
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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."
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pleinyeux
All-Star Author
Montreal
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Message Posted: Jan 28, 2013 10:27:01 PM
Imagine a future meeting in the moon !!!!!!!!!!
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drobbbb
Champion Author
Maryland
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Message Posted: Jan 28, 2013 9:54:18 PM
they are losing their minds in tehran and bagdad
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gbs1
Champion Author
Minnesota
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Message Posted: Jan 28, 2013 9:30:24 PM
A power shift would be good
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tankumo
Veteran Author
Vancouver
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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.
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TomT2Lee
Champion Author
Cincinnati
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Message Posted: Jan 28, 2013 9:25:00 PM
and the moon is made of cheese...
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CVA19
Champion Author
Salem
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Message Posted: Jan 28, 2013 9:05:05 PM
What a wonderful world it would be...
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djwhit
Champion Author
Ohio
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Message Posted: Jan 28, 2013 8:18:08 PM
GET IT DONE.........
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humblepie
Champion Author
Toledo
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Message Posted: Jan 28, 2013 7:44:33 PM
i like it a lot
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BobBG
All-Star Author
Albany
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Message Posted: Jan 28, 2013 6:34:02 PM
Fracking: Not good here, not good there. Murdoch of course loves it anywhere.
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playtimeCLE
Champion Author
Cleveland
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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.
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orphancarguyPE
Champion Author
PEI
Posts:3,865
Points:737,915
Joined:Jan 2011
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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
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fencemanNY
Veteran Author
New York
Posts:417
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Message Posted: Jan 28, 2013 5:44:09 PM
New tech and new thinking. Both will shut down the middle east cartells.
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mike56MI
Champion Author
Michigan
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Message Posted: Jan 28, 2013 5:24:55 PM
OK
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md11capt
Champion Author
Denver
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Message Posted: Jan 28, 2013 5:20:49 PM
Rupert Murdoch's paper.
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endymion
All-Star Author
New York
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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.
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mitt4prez
Champion Author
Tacoma
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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.
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