Comments on: 200billion barrel oil field discovered inside United States

By: U.S. is smart

U.S. is smart — Wed, 17 Sep 2008 00:39:39 +0000

Whats with the United States look at the stats so much oil is from outside the country but we pump alot as well. Its because we are holding onto all are oil from here and waiting for more country to have a high demand for it and we will be a large exporter of oil like the middle east countrys.

By: Rick

Rick — Tue, 20 May 2008 15:45:23 +0000

I doubt that environmentalists really have more clout in Washington than the oil industry. We hear a lot about tree huggers getting hot over plans to drill on land that was set aside as a wildlife preserve but that doesn’t really stop the industry from drilling new wells elsewhere. Nor does it relate to building new refineries.

By: ssn666hawkbill_75

ssn666hawkbill_75 — Mon, 12 May 2008 15:09:13 +0000

WOW, I spent so much time reading all this and all I got is pretty much the same thing I see on C~SPAN or CNN… We need to do this we need to do that but what I do hear is we need to drill and drill ASAP, even is it takes a few years to see any results… What stands in our way… Millionares, Billionares, tree huggers, spotted owl freaks, moose lovers, and any other land and animal lover out there…. When is a human life compare to an animal, when my 1 month old son needed surgery we had to drive over 100 miles to a children’s hospital… That week I drove that trip over ten times and the amount of gas I used was out of sight, what if that gas was MADE IN THE U.S.A. and right in my back yard, maybe a childrens hospital could have been closer, one paid with the profits of oil companies right here in the US… But no no one wants these in MY BACK YARD or YOU WILL RUIN THE ANIMAL LIFE…. Now think of George Bush, either one, where did they get their money or how about 90% of the political people out there, off of oil, they have own oil properties or had oil stock… Oil goes up, they get money, oil goes down they loose money…. Next time we vote, do alittle research on who you choose to send to Washington…. Next time you vote, think about wheres the closest childrens hospital or cancer hospital or even a food bank then think wheres the closest gas station or count how many SHELL stations there are in your city…. The money that could come from these billions apon billions of US oil could lower taxes, lower fuel for heating, lower food prices, could fund new research for cancer, aids or any other illness, could make more jobs with better pay, could preserve land for animals… There is so much that can come from MADE IN THE U.S.A. oil… We as people just need to do our home work when we vote…..

By: Scott Malensek

Scott Malensek — Sat, 03 May 2008 13:34:17 +0000

Gasoline is $9.51/gal in Netherlands. Clearly, raising the price isn’t going to raise the incentive to make magic Jetson’s cars.

By: daveinboca

daveinboca — Sat, 03 May 2008 13:31:32 +0000

As the price of crude ascends, the economic viability of difficult finds like Bakken increases. I worked for Amoco & the Williston refinery was near the Canadian Leominster facility already tapping into the shale.

But those mean environmentalists who run DC [along with Archer Daniels Midland] won’t allow the US to tap into its crude. They used to call Bob Dole the Senator from ADM. All the corn state senators [about 40] are for ethanol, the biggest scam in the history of the USA, something akin to tulipmania in Holland in the 17th c.

By: tasmodevil44

tasmodevil44 — Fri, 25 Apr 2008 17:46:24 +0000

Every time a large oilfield like the Bakken is found,all these ignorant,science illiterate,factually illiterate conservative rednecks gush enthusiastically that it’s going to last forever.But when you do the math,it’s still only just a stop-gap measure that will keep us supplied only a few more years at current rates of consumption(if the rate doesn’t increase even more).We still need other alternatives like growing renewable industrial hemp or algae grown in algae ponds or whatever.

What ever happenrd to the old-fashioned ingenuity America used to be famoous for? We have all these ignorant naysayers looking for every reason why a new idea will not work instead of brain-storming and problem-solving why it will.

As for “infinite oil” vs “peak oil”,this is pure delusional,wishful thinking. How can it be infinite if the size of the planet itself is finite? Even if the entire planet was a hollow sphere filled with oil(and it’s not.It’s molten iron inside),it would still be finite.

By: tasmodevil44

tasmodevil44 — Fri, 25 Apr 2008 17:27:54 +0000

Not that I care much for liberal Dems like Barack Obama,either.He belongs in the same extremist mental retard category as Rush Limp-brains.I’d rather have either Hillary or a more moderate Republican like McCain for our next Prez than just another extremist cornflake to replace Bush.

By: tasmodevil44

tasmodevil44 — Fri, 25 Apr 2008 17:20:57 +0000

Every time I log onto these websites,it never ceases to amaze me how ignorant,stupid and shallow-minded most of America is.I get tired of all the same old simplistic dogma by both the extreme radical left and right.And when it comes to arrogance,just who do some people think they are to decide who is more hard-working,smarter or productive based solely upon money,priviledge and staus?The next Thomas Edison or Henry Ford to make a great productive contribution to America may be a homeless person who gets discriminated against and treated like a bum based upon mere assumptions instead of open minds.

By: SysAdminPgh

SysAdminPgh — Thu, 03 Apr 2008 02:49:10 +0000

Atleast that money will go to creating more jobs etc. Social welfare = Money down the drain!

By: Robert in BA

Robert in BA — Thu, 03 Apr 2008 02:21:11 +0000

Scott,
Who are you, Jimmy Carter in 1976?

As for your corporate profits/ socialism crack, here’s the Conservative mantra: Privatize the profits, socialize the costs.
Show me a Conservative, and I’ll show you a guy who LOVES welfare. Corporate welfare.

By: Scott

Scott — Wed, 02 Apr 2008 22:06:38 +0000

What we need is a con-voy. Where’s the Rubber Duck when you need him?

By: john Ryan

john Ryan — Wed, 02 Apr 2008 21:58:05 +0000

Those damn hippie/leftist truckers have already gone out on strike

By: David

David — Wed, 02 Apr 2008 17:44:27 +0000

Similarly, in western Colorado, estimates on recovery from oil shale deposits have varied. From 10-40%. How much oil is present in the shale deposits? That ranges from the amount discovered on Alaska’s north slope and ANWAR combined to the total ME reserve plus 20-30%. In the early 1980s, the technology existed to recover oil from the shale deposits. The pilot project at the time showed the technology and the process works. The two caveats were the cost per ton of shale it would take to extract the oil and the presence of arsenic in shale deposits that would poison the catalysts used in the refining process. Removal of the arsenic from the shale can be dealt with through chemistry and use of filtering technology. With the cost of a barrel of oil around $100, the shale option may be worth revisiting much like the Bakken formation. And, mining shale is much like other hard rock mining … it does not involve strip mining or open pit mining.

Whether we are willing to make the investment and do the work is another question.

By: Philadelphia Steve

Philadelphia Steve — Wed, 02 Apr 2008 15:59:56 +0000

Re: “We really should start to drill that Northern Alaska oil before it gets much colder up there are we can’t get it. Better to get at it when we are experiencing warmer climate up there than try when it is under ice and slow all year round.”

Under the “silver lining” category, with the Artic increasingly clear of ice, perhaps year round, tankers bringing oil back from there could bypass the Alaskan pipeline, which is starting to show its age and will be in need of substantial re-building in a few years.

Never allowing myself to be too optimistic: America has a terrible habit of using even the shortest “breathing room” as permission to adopt the attitude that the problem has now “gone away”, and donig nothing. (And, by the way, this is by no means philosophy-dependent: Liberalsare as guilty as Conservatives).

Being Liberal, I will pick on this example, but (again) “we” are just as guilty.
Imagine we did slap on some sort of imported oil tax in the 1990’s, when energy was cheap. With the booming times of that era, and low base oil price, I beleive the US could have absorbed the cost and the Market would have “provided” substantial energy savings. And the taxes could have paid down the federal debt (my particular favorite). Instead we did nothing 9and the fault for that is not one-party dependent), and now we’re still paying high prices, but he $’s are goig to fund Saudi terrorist-recruiting schools throught the Islamic World, iran and Venezuela.

By: Erik

Erik — Wed, 02 Apr 2008 14:45:41 +0000

The Bakken formation is nothing new to the energy industry. Nor are oil and gas new to North Dakota; the Williston Basin in the western part of the state has been producing since 1951.

What is new is the current oil price that enables oil/gas recovery by drilling horizontally through the relatively thin Bakken layers (drill vertically 8-10,000 feet then horizontally a mile or so).

What limits development of the Bakken are shortages of rigs, labor, pipelines, refinery capacity, local infrastructure, etc. And the very real risk that Congress, in its infinite wisdom, will make it unprofitable to extract oil and gas either by taxation or regulation–or both.

To get a clear look at the Bakken activity in Mountrail County, you may want to visit the BakkenBlog website. The site is a storehouse of information encompassing local newspaper articles, state oil and gas permits, the geology, and so on.