More bad oil news O.T.

But, what of the unreported destruction? How many people died for that oil? Did they receive notice to evacuate before the meteor hit? Where was the oil before it leaked into the rubble? Might be a good idea to look 'next' to the hole there. And the article you cite... Look at the original source, and the internet publishing vehicle used to put this info out there....

"Alex Magdaleno" wrote...

That was discovered back in the 50's and 60's, problem was back then, they did not have the technology, then in the 70's during the fuel crisis they revisted the shale oil and they finally came up with a method of getting the oil out, but it was too expensive. Now twenty some odd years later, with the cost of a barrel skyrockeing, it has become cost effective, IF oil stays at these or higher prices.

I dont know how it would impact the enviorment, but from what I understand, the land is not inhabitable as in unstable.

Just sit back and see how things progress. I am afraid that the use of the land will be ruled off limits. Somebody would rather build a ski resort rather than fuel the country.

Bill

Untold numbers of unlucky dinosaurs took a dirt nap.

Maybe a few inthe construction crews?

Naw, Bush kept it a secret.

In the shale sediments in the Gulf basin.

I'm sure it's being done.

Actually, I looked, Jeff. It appears to be a Christian site that rejects the silly notion of Young-Earth Creationism, in favor of the standard geological theory. Kind of refreshing, actually.

Gord Richmond (geologist, dontcha know)

Hopefully just in Kalifornia.

Gosh... you're a regular Carnac the Magnificent. Didn't your great grandfather once predict nickel/gallon gas would one day cost a quarter/gallon?

Lee

$5 a gallon oil? Lemme see...there are 40 gals in a barrel and a barrel is now selling for roughly $75. If you meant $5/gal of GAS, I'll agree that we're probably only a few years away from that...but $200/barrel?

BTW..what happened to the good old 55 gal oil drum measurement...and where did the other 15 gal per barrel go?

Bob

Alex Magdaleno wrote:

What a courageous prediction! I'll stay a little more short term. It will get dark out tonight for HALF the world! And it will happen again if we don't do something about it right now! C'mon Alex.... Relax, have fun with your Stude and don't sweat the small stuff. Jeff

"Alex Magdaleno" wrote..

Dang Jeff, you'r estarting to sound like a weatherman on TV!

"Dark tonight, followed by daylight tomorrow! "

Or, here in Texas....

"Hot today, hot tomorrow...periods of slightly cooler weather predicted for nighttime hours!"

Damn, I'm tired of sweating!

BTW...I broke down and bought a new "Lawn Maintenance Machine" last week and finally got to use it over the weekend. It's a Cub Cadet ZTR mower and that thing is a grass-eating MONSTER!! Where it used to take (previously uncounted hours becaus eit had to be spread over two or more days to mow my place, I can now mow it all in 4 hours!!

I told Trish we had to always refer to it as a "Lawn Maintenance Machine" because NO LAWN MOWER should cost more than I've spent on hotrod parts in a year!! I was whimpering like a little bi*ch at the checkout line when they rang it up, but for the first time in over a year, I've done mowing and my shoulders don't feel like someone has stuck red-hot pokers into both joints!

Not only does that thing cut grass like Dave Lester accelerating on a highway on-ramp, it does it with almost no effort and the stick-steering is pretty easy to get used to ...and one hell of a lot easier on my bad shoulders!

Bob

Jeff Rice wrote:

Here's some more bad news

OK your math just escaped me

$3.00 gal at $70/BBL = 23.333

compares to

$5.00 gal at $116.667 = 23.333 So the cost per barrel (all things being the same, which they won't be) is $117, not $200

I KNOW it ain't exactly the right way to calculate it, but at least I'm trying...........

Mark ( show me the numbers) Dunning

Keep practicing and you might get a shot at 'stick-steering' Trigger.

It comes down to that the amount of oil recoverable includes being able to make a profit. (Or win a war, in the case of Hitler.)

Gord should be able to expla> If oil stays at $70 a barrel or goes higher, they'll go after that shale

I was referring to the (mis) statment of $5/gal of oil (not gas). If that were true, then $5 x 40 gal/barrel = $200 /barrel for oil. Since you're using $70/barrel for oil, that means almost triple the price...I'm too tired to calculate the exact number, but triple is close enough for me.

I saw $2.91 for Reg Unleaded on the way home...$3.01 for 89 Octane and

Sure is making that Turbo PT Cruiser look good with it's 29mpg highway.

Bob

Mark Dunn> OK your math just escaped me

wait 6 months or less and see the price of flour products OR beef..

farmers here are selling cows ASAP.. no water.. California had 25,000 or more die-that made the news.. whats happening from Kansas north to Minnesota isnt being said YET, other than wheat crop is off 30%

--Shiva--

Hee hee!!

So your saying it won't happen? That article is two years old. What they predicted is happening now.