Neodyme
Veteran Author
Wyoming
Posts:372
Points:63,525
Joined:Nov 2003
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Message Posted:
11/20/2008 12:39:43 PM
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Shale oil will not lower gas prices. The richest shale barely has a half barrel per ton. The oil isn't the same quality as petroleum either. This will be forgotten now that oil is below $50 a barrel. The economics aren't there.
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WantMyGas
Rookie Author
Memphis
Posts:96
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Message Posted:
11/20/2008 11:29:05 AM
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Producing fuel from Oil Shale is but ONE OF MANY fuel alternatives that our nation needs to tap into.
Drilling offshore is another fuel source.
There are many other sources. Wind, solar, thermal, hydro are to name a few others.
We need them ALL !!!
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WantMyGas
Rookie Author
Memphis
Posts:96
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Joined:Aug 2008
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Message Posted:
11/20/2008 11:24:38 AM
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Hey its domestic. Anything that is not foreign oil is a good sign. Better than not developing the shale at all. We all know that the oil prices will eventually go up. So this stance is a step in some direction of domestic oil sources.
Our energy security is not secure with 70% or our oil coming from overseas. And just a few days ago a big big big oil super tanker was hijacked carrying 2 million barrels of oil, and guess where that shipment was going to from Saudi Arabia,,, yep you guessed it,, the United States.
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Eastgatemom
Rookie Author
Memphis
Posts:37
Points:21,360
Joined:May 2008
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Message Posted:
11/20/2008 11:23:06 AM
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why not just go tap ANWR instead
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CluelessOH
Rookie Author
Ohio
Posts:52
Points:121,640
Joined:Jun 2008
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Message Posted:
11/20/2008 11:19:45 AM
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Oh I almost forgot. The Canadians produce a lot of oil digging shale, but their price for a liter of gas is much higher than ours. Do you know why? Because they sale their oil at world market prices. And then they tax the crap out of it before they sale it to the people of Canada. This is the same thing that will happen here. You people want off shore drilling, but what you don't understand is that it will not make prices cheaper. They will sale it at world market prices and all OPEC will have to do is cut production again to raise the price. And once we run out of our own oil, what do you think the price will be?
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BlackGumTree
Champion Author
Virginia
Posts:5,831
Points:743,410
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Message Posted:
11/20/2008 11:18:15 AM
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z1000 - You did not vote Bush out; he was not running. What you voted in is much worse than Bush. Obama has big ideas but lacks the experience and leadership skills to get the economy restarted. Investors on the left and right are taking their money out of the market saving it until Obama is replaced. Without a functioning Economy Obama can't implement any of his ideas.
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CluelessOH
Rookie Author
Ohio
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Message Posted:
11/20/2008 11:13:04 AM
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Canada has been getting oil from shale for years. Have you not seen those hugh pits that they get it from on TV? I guess that the people that live in big cities dont have to worry about it, but the people who live in the areas affected will surely see it.
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skippypa
All-Star Author
Hawaii
Posts:516
Points:164,020
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Message Posted:
11/20/2008 11:11:49 AM
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Bush don't you think it's kind of late thinking about this.
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canit
Sophomore Author
Vancouver
Posts:225
Points:95,490
Joined:Aug 2008
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Message Posted:
11/20/2008 11:10:48 AM
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This will go nowhere.
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Mr.Dirt
Champion Author
Albany
Posts:2,173
Points:1,299,935
Joined:Mar 2004
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Message Posted:
11/20/2008 11:08:15 AM
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sounds good but to little to late
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CluelessOH
Rookie Author
Ohio
Posts:52
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Joined:Jun 2008
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Message Posted:
11/20/2008 11:06:52 AM
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It says federal land. This is just another way of raping the national forrests like clear cutting trees. How do you think they are going to get to this shale? Mountain top removal thats how.
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USAFA82
Champion Author
Colorado Springs
Posts:1,811
Points:304,120
Joined:Feb 2008
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Message Posted:
11/20/2008 11:05:31 AM
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good!
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94Vol
Rookie Author
Nashville
Posts:54
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Message Posted:
11/20/2008 11:05:00 AM
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We need to explore every option we have so we are not depending on OPEC and it will give us more time to find alternative energy sources.
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jaysun420
Sophomore Author
Kansas City
Posts:188
Points:47,735
Joined:Oct 2008
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Message Posted:
11/20/2008 11:04:23 AM
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One last kick out the Old Pres...
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TrestleMerger
Veteran Author
Seattle
Posts:431
Points:139,885
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Message Posted:
11/20/2008 11:03:41 AM
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Old news.
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cantstopruh
All-Star Author
North Dakota
Posts:565
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Joined:Jan 2005
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Message Posted:
11/20/2008 11:01:52 AM
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this will help the economy a little bit
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nyacoub1
All-Star Author
Chicago
Posts:929
Points:65,985
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Message Posted:
11/20/2008 11:01:09 AM
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interesting.
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JPGKC
Champion Author
Tampa
Posts:3,396
Points:614,675
Joined:Sep 2006
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Message Posted:
11/20/2008 10:57:00 AM
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GO FOR IT...
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AlaRedNeck
Champion Author
Kansas
Posts:1,406
Points:255,410
Joined:Apr 2008
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Message Posted:
11/20/2008 10:56:05 AM
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invest in alternative fuels...not more drilling
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pludrew22
Rookie Author
Denver
Posts:24
Points:4,230
Joined:Nov 2008
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Message Posted:
11/20/2008 10:55:14 AM
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Well bush has already messed up so much what more will he mess up!
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gasuper
All-Star Author
Calgary
Posts:522
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Message Posted:
11/20/2008 10:53:48 AM
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move over bush.. let the obama guy have a shot.
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white_fang
Rookie Author
Dallas
Posts:75
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Message Posted:
11/20/2008 10:52:01 AM
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From the huge variance in responses, I'd say this subject needs more information to be passed around.
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mvosevich
Champion Author
St. Louis
Posts:1,560
Points:313,705
Joined:Aug 2004
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Message Posted:
11/20/2008 10:51:55 AM
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yesterdays news
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digs2gary
Veteran Author
Rochester
Posts:282
Points:57,800
Joined:Mar 2005
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Message Posted:
11/20/2008 10:51:12 AM
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Happy :)
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cj77
Rookie Author
New Jersey
Posts:74
Points:16,060
Joined:Nov 2008
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Message Posted:
11/20/2008 10:50:14 AM
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gr8
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cloud23465
Veteran Author
Virginia Beach
Posts:322
Points:105,760
Joined:Aug 2008
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Message Posted:
11/20/2008 10:48:38 AM
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better late then never i guess.
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carter84262
All-Star Author
Detroit
Posts:616
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Message Posted:
11/20/2008 10:46:51 AM
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This would be a waste of resources on a technology that won't yield much energy, won't last for long and by the time it is functioning at full speed should have already been replaced. This technology would cause further damage to the environment both in its production and as its product is used for energy. We need to put all resources into getting clean, plentiful, cheap and renewable energy sources online as fast as possible, rather than trying to cling to the past.
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Kthyme
Champion Author
Fort Worth
Posts:2,951
Points:922,915
Joined:Apr 2006
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Message Posted:
11/20/2008 10:45:20 AM
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We can only HOPE...
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Jim621
All-Star Author
Cleveland
Posts:713
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Joined:Aug 2005
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Message Posted:
11/20/2008 10:45:16 AM
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Too little, too late
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Jarod13
Veteran Author
Virginia
Posts:265
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Joined:Oct 2008
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Message Posted:
11/20/2008 10:45:06 AM
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With President Bush in lame duck status, I would be totally shocked to see if these regulations are voted on before the lame duck Congress adjourns for the holidays, while they also continue their planning for the "Choosen One's" grand annointing on Jan 20th. Having lived in the Washington, DC area for the past several years, I wouldn't expect anything different! Also, I truly believe that the time has come that all political-elected offices should have term limits, so that politicians don't stay in office for "life" and have to pay back all their contributors with favors of some sort or another. For many years, there's been too much pork in this town and I don't see that changing with the new administration. If anything, it will grown by leaps and bounds, since an awful lot of Obama supporters will have their hands out -- if they already haven't done so. Don't get me wrong, I wish the best for our new President, but I'm not going to hold my breath!
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bearcats2004
Rookie Author
Indiana
Posts:60
Points:28,580
Joined:Jul 2008
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Message Posted:
11/20/2008 10:42:41 AM
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Probably will.
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brodgua
Veteran Author
Idaho
Posts:269
Points:81,990
Joined:Sep 2005
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Message Posted:
11/20/2008 10:42:23 AM
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Good move.
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Liberty2000
Veteran Author
Indianapolis
Posts:403
Points:55,240
Joined:Jun 2007
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Message Posted:
11/20/2008 10:40:00 AM
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Better late than never! Wonder if Obama will shut it down?
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PTW-Gas
Rookie Author
Allentown
Posts:74
Points:282,155
Joined:Sep 2004
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Message Posted:
11/20/2008 10:39:41 AM
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After 1/21/09, anything to do with mining shale or drilling oil in or offshore of the US is dead.
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mattf373
All-Star Author
Atlanta
Posts:687
Points:133,340
Joined:Mar 2003
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Message Posted:
11/20/2008 10:39:17 AM
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dollar late
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wtstms
All-Star Author
West Virginia
Posts:605
Points:125,555
Joined:Sep 2007
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Message Posted:
11/20/2008 10:38:24 AM
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too late in his admin
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MajorSteve
All-Star Author
Oklahoma City
Posts:727
Points:283,140
Joined:Sep 2006
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Message Posted:
11/20/2008 10:37:52 AM
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Kick it hard George!
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chas_commuter
All-Star Author
South Carolina
Posts:659
Points:152,710
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Message Posted:
11/20/2008 10:37:31 AM
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Great news, however all the liberals think Bush is the devil so they'll cancel it January 20th on principle.
Makes me sick.
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traindude
All-Star Author
Virginia Beach
Posts:768
Points:223,690
Joined:Jun 2007
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Message Posted:
11/20/2008 10:37:10 AM
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nice time to start this little project
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jonboy08
Champion Author
Cleveland
Posts:1,100
Points:55,090
Joined:Feb 2008
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Message Posted:
11/20/2008 10:36:50 AM
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This is a good move if its not over turned by Obama.
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FFootdoc12
Veteran Author
Illinois
Posts:310
Points:45,810
Joined:Apr 2008
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Message Posted:
11/20/2008 10:36:28 AM
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forget about oil, electric cars now!
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AZDaisy
Veteran Author
Arizona
Posts:325
Points:95,640
Joined:Sep 2008
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Message Posted:
11/20/2008 10:36:25 AM
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about time
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73bronco
Sophomore Author
Orange County
Posts:103
Points:22,025
Joined:Sep 2004
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Message Posted:
11/20/2008 10:35:38 AM
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cool. more oil
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answerdave
Rookie Author
Miami
Posts:73
Points:36,580
Joined:Nov 2008
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Message Posted:
11/20/2008 10:35:00 AM
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need to develope alternative fuel sources now!!!
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rtw777
Champion Author
Florida
Posts:1,178
Points:262,855
Joined:Jan 2008
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Message Posted:
11/20/2008 10:32:54 AM
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Maybe someone will come up with a cheaper way of development of shale oil. It is in the best interest of the US.
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mmene
Veteran Author
Houston
Posts:386
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Message Posted:
11/20/2008 10:32:21 AM
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Innovative technologies like this take years to develop and this is the right time to lay the groundwork. By the time the technology is mature oil will be back at $100 or 200 and that is when it will help. The mistake we always make is that when oil is low we forget about innovation and when it is high we say innovation will take too long. Time to get smart and plan ahead.
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jwells1954
All-Star Author
Albuquerque
Posts:769
Points:181,950
Joined:Nov 2007
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Message Posted:
11/20/2008 10:31:08 AM
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Oh, great.
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Bruno44
Champion Author
Texas
Posts:1,251
Points:375,160
Joined:Sep 2007
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Message Posted:
11/20/2008 10:29:52 AM
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A good move would be to kick liberals out of congress, but it can't happen til next election.
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rerosales
Veteran Author
Corpus Christi
Posts:271
Points:226,600
Joined:Mar 2008
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Message Posted:
11/20/2008 10:27:51 AM
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The big oil companies currently have the money to develop the technology needed for oil shale development.
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rtw777
Champion Author
Florida
Posts:1,178
Points:262,855
Joined:Jan 2008
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Message Posted:
11/20/2008 10:26:32 AM
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There is a very good chance oil will go under $50 today. Getting oil from rocks is expensive, so this may take a back seat.
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