T. Boone Pickens changes his tune

Discussion in 'Environment' started by Chris, Jul 25, 2008.

  1. Chris
    Offline

    Chris Gold Member

    Joined:
    May 30, 2008
    Messages:
    23,154
    Thanks Received:
    1,958
    Trophy Points:
    205
    Location:
    Virginia
    Ratings:
    +2,089
    Originally ended his commercial by he saying, "This is one crisis, we can't drill our way out of."

    Now he does not say that.

    Why do you think he changed that sentence?
     
  2. Charles_Main
    Offline

    Charles_Main AR15 Owner

    Joined:
    Jun 23, 2008
    Messages:
    16,692
    Thanks Received:
    2,238
    Trophy Points:
    88
    Location:
    Michigan, USA
    Ratings:
    +2,251
    He just spoke before congress and said something to the effect that he is for wind, solar, gas, and drilling at home, anything to get us off of foreign oil.

    So does this mean you do not love him anymore?
     
  3. Chris
    Offline

    Chris Gold Member

    Joined:
    May 30, 2008
    Messages:
    23,154
    Thanks Received:
    1,958
    Trophy Points:
    205
    Location:
    Virginia
    Ratings:
    +2,089
    I have always been for drilling, even in ANWR.
     
  4. Charles_Main
    Offline

    Charles_Main AR15 Owner

    Joined:
    Jun 23, 2008
    Messages:
    16,692
    Thanks Received:
    2,238
    Trophy Points:
    88
    Location:
    Michigan, USA
    Ratings:
    +2,251
    You sure do not say it much, but I am glad to hear you are.

    In fact if you have always been for drilling, why is it then, that most of the time when people are talking about drilling, you use the t. Boone "we can not drill our way out of this" line. Forgive me if I have trouble understanding that.
     
    Last edited: Jul 26, 2008
  5. Chris
    Offline

    Chris Gold Member

    Joined:
    May 30, 2008
    Messages:
    23,154
    Thanks Received:
    1,958
    Trophy Points:
    205
    Location:
    Virginia
    Ratings:
    +2,089
    Because we need to move to the alternatives.

    Energy is all around us.
     
  6. Charles_Main
    Offline

    Charles_Main AR15 Owner

    Joined:
    Jun 23, 2008
    Messages:
    16,692
    Thanks Received:
    2,238
    Trophy Points:
    88
    Location:
    Michigan, USA
    Ratings:
    +2,251
    yep, and you are well aware I agree with that, and feel we must also drill for our own oil in the meantime. Mainly to get us off of foreign oil. Much the way T. Boone sees it I might add.
     
  7. Voltaire
    Offline

    Voltaire Libertarian Party

    Joined:
    Jul 14, 2008
    Messages:
    50
    Thanks Received:
    6
    Trophy Points:
    6
    Location:
    Virginia
    Ratings:
    +6
    Whatever you believe, the main reason we need to drill the hell out of everything we've got available to us, is so people will shut up about it already. The more that oil dominates the discussion, the more time we waste on a foregone conclusion.

    United States oil production peaked in 1971, and no amount of drilling is going to lead to some sort of dramatic upswing. Just the same, every barrel we produce here at home helps, and will ultimately help soften the blow as we transition to a more sustainable economic system, with more emphasis on local food production, rail freight transportation, and walkable communities.

    I think T. Boone's whole message is that we need to diversify our energy production capabilities, and that in the mean time at least, oil is still a part of that. Might as well get as much out of it while it's still economically feasible.
     
  8. Charles_Main
    Offline

    Charles_Main AR15 Owner

    Joined:
    Jun 23, 2008
    Messages:
    16,692
    Thanks Received:
    2,238
    Trophy Points:
    88
    Location:
    Michigan, USA
    Ratings:
    +2,251

    I agree in part. What T. Boone's main goal is, is to get us off of foreign oil. He told congress today that we need to do everything we can to do that. Including domestic drilling.

    As far as us peaking in production in 71 that is true, but if we can develope the Shale oil industry that could change. Estimates show that we have at least 800 billion barrels worth of oil locked up in the stuff. If we could perfect cost effective ways to mine or pump the stuff out of the ground we could dramatically increase our oil production. 800 Billion barrels is 3 times what Saudi is believed to have, and those are the low estimates. The high ones put it well over 1.5 trillion barrels.
     
  9. Voltaire
    Offline

    Voltaire Libertarian Party

    Joined:
    Jul 14, 2008
    Messages:
    50
    Thanks Received:
    6
    Trophy Points:
    6
    Location:
    Virginia
    Ratings:
    +6
    I agree with the conditional statement that IF we can perfect cost effective ways to extract usable oil from the shales and sands, they could be valuable, but as far as I know, the current energy returned on energy invested for shales is 1.5:1, while more standard sources of crude provide returns along the lines of 20:1. It's been a while since I looked that up, so I could be wrong. If I'm not, we're going to need to scale back our consumption considerably, unless there are some serious breakthroughs. Nothing provides the bang for the buck that cheap oil did.

    No doubt, as oil prices continue to rise (and they will, in the long term...), oil shale will be a more attractive option for investors, and we may see some improvements in production methods then. As long as it's not too late, and there's still money to invest!
     
  10. Charles_Main
    Offline

    Charles_Main AR15 Owner

    Joined:
    Jun 23, 2008
    Messages:
    16,692
    Thanks Received:
    2,238
    Trophy Points:
    88
    Location:
    Michigan, USA
    Ratings:
    +2,251
    Absolutely, That is why I said we need to develope cost effective ways to do it. the technology is there, it just needs to be perfected some.
     

Share This Page

Search tags for this page

t boone pickens what he saying today 8-22-2015