Mega-sized oil field found in Texas!!

[skookerasbil]

WIN

http://www.nytimes.com/2011/05/28/business/energy-environment/28shale.html?_r=1




"Energy independence"??????????

Its all over this country but the environmental nuts wont let us find it. Far left inspired regulations result in all of us taking it up the pooper. Awesome.

 

[editec]

Cool, Schook.

How much of this bonanza do you own, exactly?

 

[midcan5]

Energy cost is a global economic fact, it doesn't matter how much is found or even exists, what matters is what the market will pay for. But like any finite material, its cost will rise as the cost to bring it to market rises.

http://www.usmessageboard.com/congress/54977-is-drilling-equivalent-to-welfare.html

http://www.usmessageboard.com/energy/56561-plowing-not-drilling.html

 

[PLYMCO_PILGRIM]

WIN

http://www.nytimes.com/2011/05/28/business/energy-environment/28shale.html?_r=1




"Energy independence"??????????

Its all over this country but the environmental nuts wont let us find it. Far left inspired regulations result in all of us taking it up the pooper. Awesome.

is that the one we can't drill because of some lizzards?

 

[skookerasbil]

Energy cost is a global economic fact, it doesn't matter how much is found or even exists, what matters is what the market will pay for. But like any finite material, its cost will rise as the cost to bring it to market rises.

http://www.usmessageboard.com/congress/54977-is-drilling-equivalent-to-welfare.html

http://www.usmessageboard.com/energy/56561-plowing-not-drilling.html

Indeed...........but the question becomes...........as compared to what? Especially in this forum, THATS what matters.

Lets remember..........far left guys get giddy as the cost of gasoline rises into the stratosphere. They hate conventional energy sources, and thus, they can advocate more for their bogus agenda of alternative energy. Thats why the "campared to what?" concept decimates any costs to bring oil to market, particualrly when costs associated with bringing oil to market will be decreasing due to technological advances.

http://www.classicalvalues.com/archives/2009/10/oil_supply_and.html

 

[Old Rocks]

Of course, for the oil industry, environmental concerns mean nothing, they don't live there. And if the aquifers are ruined in the farm states, we will have traded food for oil.

http://www.nytimes.com/2011/05/28/business/energy-environment/28shale.html?_r=2

The oil industry says any environmental concerns are far outweighed by the economic benefits of pumping previously inaccessible oil from fields that could collectively hold two or three times as much oil as Prudhoe Bay, the Alaskan field that was the last great onshore discovery. The companies estimate that the boom will create more than two million new jobs, directly or indirectly, and bring tens of billions of dollars to the states where the fields are located, which include traditional oil sites like Texas and Oklahoma, industrial stalwarts like Ohio and Michigan and even farm states like Kansas.

 

[Mr Natural]

I can't think of a better place to drill for oil than Texas.

It's basically just barren wasteland anyway so if there is a spill, who cares?

 

[CrusaderFrank]

Wait for it.

Oil is the only commodity not subject to the law of supply and demand statement from the Warmers/Fossil Fuelers in 3, 2, 1

 

[FuelRod]

If this turns out to be viable Texas may just give the US the finger and decide it wants its Republic back.

 

[skookerasbil]

Of course, for the oil industry, environmental concerns mean nothing, they don't live there. And if the aquifers are ruined in the farm states, we will have traded food for oil.

http://www.nytimes.com/2011/05/28/business/energy-environment/28shale.html?_r=2

The oil industry says any environmental concerns are far outweighed by the economic benefits of pumping previously inaccessible oil from fields that could collectively hold two or three times as much oil as Prudhoe Bay, the Alaskan field that was the last great onshore discovery. The companies estimate that the boom will create more than two million new jobs, directly or indirectly, and bring tens of billions of dollars to the states where the fields are located, which include traditional oil sites like Texas and Oklahoma, industrial stalwarts like Ohio and Michigan and even farm states like Kansas.

Life is about accepting necessary tradeoffs s0n!!!!! Of fcukking course environmental concerns are far outweighed by the economic benefits.

Anybody with half a brain can figure that out.


Rocks s0n........you need a beer and a plan. Are you going to spend every day for the rest of your life dealing with stupid levels of perpetual misery? Being perpetually angst about everybody who experiences success in life is gay........a shitty way to live.

 

[skookerasbil]

Im taking my kids in a little while to see the annual local air show down at the ocean. A new F22 Raptor will be on display doing stunts overhead.

Hundreds of thousands of people will be there on the beach to see it. NONE of them are going to look up into the sky and say to themselves, "Shit..........what a waste of fuel and waste of government money!!!"

But thats what asshole fringe guys like Old Rocks and Rolling Thunder think. At the end of the day.........fringe loses!!! Or as my 11 year old would say, "Dad.......not winning!!!!"

 

[Douger]

Hurray ! errrrrr. YeeDawgies !
Now your masters can have plenty to sell to China and India as their demand increases.
Remember. That's Kaptalizm.
murkas first love.
OH. Don't be concerned with the aquifer. Your other masters at Coca Cola and others will continue to bottle the great lakes. Walmart will sell it to you for just over the price of gasoline. You can use the stuff out of the ground to keep the tires clean on the house and Harley.

 

[skookerasbil]

Whats so awesome about this forum?

At the end of the day, no matter what is posted up in these pages, I represent the majority............no matter what you're talking. The hyper-angst enviornmental mental cases are seen as just that by the majority = hyper-angst environmental mental cases. Lost souls who got fcukked up in life somewhere along the way and latched onto hysterical causes to make their own lives somewhat more meaningful.

That they project their "cause" as if it is embraced by the masses makes this board nothing less than a fcukking hoot to spend time in.

 

[Baruch Menachem]

Some very nice things from this. We produce our own oil, so none of the cash goes to such wonderful folks as Chavez in Venezuela, the Saudis or the Iranians. Or the goofballs they give their money to. Prices are more stable, so $4 gas will be piece of history. Unless inflation brings us back there. More really high paying jobs here. More royalties paid to local folks.

half a dozen ways this is like stimulus checks to all kinds of good folks.

and think of the balance of payments issue too.

As the tech improves and expands this will be a great economic kick start.

 

[Wiseacre]

That area of Texas is not over the Edwards Aquifer, which is THE major source of water in south central Texas. The question is how much water do they need to do the fracking? We ain't got much to spare, most years.

 

[The T]

Whats so awesome about this forum?

At the end of the day, no matter what is posted up in these pages, I represent the majority............no matter what you're talking. The hyper-angst enviornmental mental cases are seen as just that by the majority = hyper-angst environmental mental cases. Lost souls who got fcukked up in life somewhere along the way and latched onto hysterical causes to make their own lives somewhat more meaningful.

That they project their "cause" as if it is embraced by the masses makes this board nothing less than a fcukking hoot to spend time in.

Indeed... the Enviro-Whackos are nothing but control freak outta-(real)work Commie-bastards Hell-Bent on bringing capitalist societies to their knees because they cannot hold a real job.

 

[rdean]

Do right wingers still believe that oil found in this country is "ours"? They still don't know it belongs to the oil companies who lease the land? Unless Republicans once again give the leases away for free.

 

[Toronado3800]

WIN

http://www.nytimes.com/2011/05/28/business/energy-environment/28shale.html?_r=1




"Energy independence"??????????

Its all over this country but the environmental nuts wont let us find it. Far left inspired regulations result in all of us taking it up the pooper. Awesome.

Neat article. Included the break even poi t of $60 per barrell to frack it. That makes sense.

How much water does this require? How much does the human population of that part of Texas require? Is it a situation like Phoenix and Vegas where there just simply is none? At $90 a barrell for the oil can you pipe water in from the gulf?

Also, Texas has a good number of barren "wastelands", but we just cant ruin the place.

What do places where this fracking is already going on look like?

 

[Truthmatters]

fighting for their own enslavement by the coprs

 

[skookerasbil]

Whats so awesome about this forum?

At the end of the day, no matter what is posted up in these pages, I represent the majority............no matter what you're talking. The hyper-angst enviornmental mental cases are seen as just that by the majority = hyper-angst environmental mental cases. Lost souls who got fcukked up in life somewhere along the way and latched onto hysterical causes to make their own lives somewhat more meaningful.

That they project their "cause" as if it is embraced by the masses makes this board nothing less than a fcukking hoot to spend time in.

Indeed... the Enviro-Whackos are nothing but control freak outta-(real)work Commie-bastards Hell-Bent on bringing capitalist societies to their knees because they cannot hold a real job.

Hit the nail on the head T...........these miserable anti-capitalist freaks are universal fcukk-ups who want to blame somebody else for their crappy existence. Im not saying they dont have a job but they spend every day bemoaning having to live around so many people so much more succssful than them. Thats why I have such a fcukking blast on here........because no matter how many gay links they post up, they know their efforts are falling on deaf ears on the political landscape. They know exactly what I mean when I say "the science doesnt matter".........which is why they go back to doing what they do best: distraction. In this case, with canned data. Meanwhile, they navigate life as members of the <21%er Fringe Club.......their minds in a perpetual state of disconnect because they cant fathom..........on any level.........that a huge majority of folks DONT think like they do.

All this makes the miserable even more miserable........and when I take a gandor in here, there is a 100% certainty thats what I'll find. Think about it..........how many newcomers have come in here and have been swayed to join the ranks of the nut cases? 3 or 4? And how many of the curious come in here..........read some threads and realize they look like a fcukking jackass jumping on the k00k bandwagon. Most people dont aspire to be an oddball eccentric.

Yo T......how many of these do you think Rolling Thunder has in his dresser drawer?