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Oil shale development gets boost from Bush
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From the Basin | 8:57 p.m. June 18, 2008
Ten years to get a well up and running is an exaggeration. Five years is more
accurate, with about a third of that time devoted to the bureaucratic process.
All that time, from start to finish, when the well actually produces, is money
down the hole. Hopefully, that investment will come back up in the form of
natural gas, condensate, and or oil. As for oil shale, Shell Oil and others
will figure out the most efficient and cost effective method to extract the oil,
if the government would stand aside. The Basin is beautiful and booming. Keep
drilling.
BBking | 10:09 p.m. June 18, 2008
To the guy living in Texas with the neighbors who are engineers for an oil firm
and NASA.
Where can I get more info about your points? This is incredible and the kind of future that freedom brings. I hope we can implement it.
The Japanese, what is their plan with that technology?
Where can I get more info about your points? This is incredible and the kind of future that freedom brings. I hope we can implement it.
The Japanese, what is their plan with that technology?
Its not about cheap oil | 10:16 p.m. June 18, 2008
It�s about moving away from an environmentally disastrous
product. Our kids can not afford us to continue to consume oil at the same rate
for another 100 years. I know republicans still think Global Warming is a myth
but more oil consumpiton is just not the awnser.
Comments continue below
Dale Newton | 10:21 p.m. June 18, 2008
"Drill here, drill now, pay less". We absolutely need to find - and
drill for - more oil, AND develop alternate fuel sources and technologies AND
encourage conservation - and then tell the members of OPEC "bye-bye".
In fact, I'd put an oil derrick in my backyard if there was oil under the
ground.
This will perhaps become the biggest issue of the upcoming elections. I will be writing my so-called "representatives" in Congress to get with the program or they will not have my vote. Anyone not supporting a REAL program for energy independence should be voted out of office.
This will perhaps become the biggest issue of the upcoming elections. I will be writing my so-called "representatives" in Congress to get with the program or they will not have my vote. Anyone not supporting a REAL program for energy independence should be voted out of office.
awesomeron | 10:22 p.m. June 18, 2008
We need to drill and we need to drill now. The time to play around and worry
about this species and that is way over. Change for Development is usually
mostly good, and should not be delayed or prevented because of an endangered
species, some ancestors scared ground or any other reason. We have put up with
Extreme Environmentalism, and Interference from claims of Cultural and Religion
interest, usually funded now by non interests, writing checks and holding
meetings on Developed Land. God gave man the ability to develop the resources of
the Earth. In some places the Environmentalist have been either Ignored, Pushed
Aside, put in Prison (actions against the Government) or just plain Shot. Do you
think China takes any stuff from Environmentalists as it Drills for Oil, Builds
China Highway 1, and produces 1000's of Cars each day, without any
pollution controls. Think Not. The same for India, and many South American
Countries. Although 1 I have learned one is very much into Natural Gas. We have
had Propane Run Vehicles in America for years but no place to fuel them. We
refused to convert because Gas was Cheap. Well its not Cheap No More.
Observer | 10:23 p.m. June 18, 2008
There is no ban on offshore drilling. That is a Republican lie. Big oil
companies own the rights to drill in 68 million square miles offshore and can do
so anytime they please, but haven't done. The estimated oil reserves in the
68 million square miles are enough to supply the US for 14 years. But again, big
oil has decided not to drill. Why is that? There is only a ban on giving new
leases, not drilling on leases currently held. That's why the Democrats
want to impose a "use it or lose it" policy for the current offshore
leases.
Transportation Solution | 10:51 p.m. June 18, 2008
I've got the solution to reduce our transportation issues, it's called
stop driving, stop commuting, ride a bike, learn to walk. Why drive to the gym
to work out when you can work out on your way to work. Why commute to a place of
work, when you can do the exact same thing from home? The technology is out
there where a huge portion of every job can be completed without having to
commute to a physical office. Obviously not all jobs can do this, but those that
can should. $4 a gallon really isn't that expensive when you only fill up 5
times a year....
Common Sense | 11:01 p.m. June 18, 2008
Yes, it this does not take care of the long term problem as the Democrats keep
crying about. However, the long term problem is already being worked on with
various alternative sources that are a decade or more away from mass production.
If we don't increase our own national production of oil in the meantime,
we are subjecting ourselves to the mercy of foreign nations that keep pumping
oil for us when we could be doubling our own production capacity.
Just announcing that some relief will be coming in the next few years with more drilling allowed will help reduce the cost of oil as 50% or more of the cost is purely from the oil speculators! If enough of the right media announcements come out, oil prices could follow recently dropping home prices! Are all Democrats really this dumb? You are hurting the poor and needy more than anyone in this! Wanting to eliminate the tax cuts that greatly affects the middle class IF you take the presidency is another bonehead move. Why is anyone in this country still a Democrat other than being extremely uneducated? Is there a pill we can get to help them think straight?
Just announcing that some relief will be coming in the next few years with more drilling allowed will help reduce the cost of oil as 50% or more of the cost is purely from the oil speculators! If enough of the right media announcements come out, oil prices could follow recently dropping home prices! Are all Democrats really this dumb? You are hurting the poor and needy more than anyone in this! Wanting to eliminate the tax cuts that greatly affects the middle class IF you take the presidency is another bonehead move. Why is anyone in this country still a Democrat other than being extremely uneducated? Is there a pill we can get to help them think straight?
Vote out the Demos! | 11:08 p.m. June 18, 2008
Every American is paying dearly (especially the poor/lower classes) not only at
the pump, but through inflation for all essential items such as groceries and
virtually all items as store costs have gone up 25-50% more than the past couple
years because of higher transportation costs. (big rigs get 4-6 mpg and they
deliver the vast majority of goods across the nation)! I hope Americans can see
this problem has been greatly caused from the DEMOCRATS, who keep pandering to
the tree hugging environmentalists who would rather put our nation at the mercy
of foreign nations and cripple our economy than produce our own oil. When was
the last time we even had a new oil refinery allowed to open? Only now are we
starting to look back into nuclear power!
Yes, we are looking for alternatives, but if we do nothing in the meantime, we risk shutting down our entire national economy from our great dependence on escalating foreign oil, when we have billions of barrels of oil waiting to be developed right here in the meanwhile! This will not change until we vote out the Democrats to help reduce our need from foreign on oil!
Yes, we are looking for alternatives, but if we do nothing in the meantime, we risk shutting down our entire national economy from our great dependence on escalating foreign oil, when we have billions of barrels of oil waiting to be developed right here in the meanwhile! This will not change until we vote out the Democrats to help reduce our need from foreign on oil!
Dare ya to Post this | 11:18 p.m. June 18, 2008
I heard this evening that the moratorium on offshore exploration was put in
place by ... Bush Senior. Irony to love.
Seriously, though. A few wells in Sanpete county isn't going to cut it. Commercial exploitation of the kerogen shale is going to take time. And dump trucks full of money. It'll never come online in sufficient quantities or ease to seriously affect world price. And it's going to put pipelines, refineries, power lines, wells, mines and more in places where people, not just environmentalists, don't want them.
Let's go.
Seriously, though. A few wells in Sanpete county isn't going to cut it. Commercial exploitation of the kerogen shale is going to take time. And dump trucks full of money. It'll never come online in sufficient quantities or ease to seriously affect world price. And it's going to put pipelines, refineries, power lines, wells, mines and more in places where people, not just environmentalists, don't want them.
Let's go.
wrz | 11:55 p.m. June 18, 2008
Andrew 11:00 a.m.
>>The big error is that the price of gasoline will not be reduced quickly once changes like those proposed by Bush or McCain are enacted. That is totally and unequivocally false.<<
Not so fast. There are basically two reasons for the high prices... high world demand and commodity (oil) futures speculation. Neither will go away for at least a half dozen years... when new oil sources or alternatives come on line.
>>The big error is that the price of gasoline will not be reduced quickly once changes like those proposed by Bush or McCain are enacted. That is totally and unequivocally false.<<
Not so fast. There are basically two reasons for the high prices... high world demand and commodity (oil) futures speculation. Neither will go away for at least a half dozen years... when new oil sources or alternatives come on line.
wrz | 12:06 a.m. June 19, 2008
BBKing | 11:30 a.m.
"And who are these evil "speculators"? Of course the actual transaction is handled by brokerage firms on Wall street. These speculators happen to be retirement funds, insurance companies, Union/labor funds. Translation, so much of this speculation money is our money being reinvested into the economy."
Most funds of the types you list try to avoid the very speculative futures market.
"And who are these evil "speculators"? Of course the actual transaction is handled by brokerage firms on Wall street. These speculators happen to be retirement funds, insurance companies, Union/labor funds. Translation, so much of this speculation money is our money being reinvested into the economy."
Most funds of the types you list try to avoid the very speculative futures market.
Freddie | 12:39 a.m. June 19, 2008
"It's more likely that we'll have hydrogen cars, cheap hydrogen,
and the fueling infrastructure in place before we'll have a nation of
internal combustion cars that get 60 mpg."
I get 55 on the road in my 10 year old Festiva.
I get 55 on the road in my 10 year old Festiva.
Frank | 9:39 a.m. June 19, 2008
I keep hearing in these posts "we must fight for our way of life",
"preserve our way of life".
Our way of life is Glutony, why try and preserve that.
Greed and overindulgence are not the true American way. I say let the backlash of gas prices help us slim down a bit. Compared to world average $5 a gallon would still be cheap gas.
Our way of life is Glutony, why try and preserve that.
Greed and overindulgence are not the true American way. I say let the backlash of gas prices help us slim down a bit. Compared to world average $5 a gallon would still be cheap gas.
warcraft | 9:58 a.m. June 19, 2008
Why does everyone complain that we are using the resources of those who hate us
instead of our own. I call that good strategy. In any situation its a sure win
if you use up or force a possible aggressor/competetor to use up their resources
while still having a stockpile yourself. Whatever the cost. In the end youve
got a corner on already super-valued resources and a can produce them more
efficiently than in the past.
To: Obser ver | 10:13 a.m. June 19, 2008
Many of these leases are unused because they are dry, or because it takes too long for the oil companies to plod through all the government BS.
We need congress to streamline processes for the oil companies so they can drill in viable areas QUICKLY.
Drill here. Drill now. Pay less.
To Frank | 11:47 a.m. June 19, 2008
At what point did you start hating your country?
To Frank and other | 12:11 p.m. June 19, 2008
If you are so bent on not getting us free of foreign influence then go get a
donkey.
Steve - Re: CBS News | 12:27 p.m. June 19, 2008
I'd like to know what a poster here from last night finds wrong with CBS
news. Channel 2 (CBS) is the channel we always watch at our house for local
news. As far as national news goes though I normally don't watch it on any
channel. Still I'm wondering, what's wrong with CBS news? Is it
somehow inferior to NBC and ABC?
Steve - Re:To Frank 6/19 11:47am | 12:42 p.m. June 19, 2008
What makes you think Frank hates his country/America? Because of what he said
in a post this morning at 9:39 a.m.?
To point out that a very large portion of our country is glutonous/greedy doesn't mean he hates America. Fact is we DO live in a "me me me" "I want it now, no matter what, and fast" society (and not just in America, but more so here it seems... we're known for it). To point out ANY fault in the people of this country (or it's government) does NOT automatically equal hate of the country, nor does it mean they are somehow less patriotic.
We are not required to follow our leaders like blind sheep, agree with anything they say or do, and paint only rosey pictures of life here in order to be "good" Americans or patriotic.
The fact is faults exist at every level in just about anything. If you never point them out and work on them they'll never go away.
I love America and I'm sure Frank does too.
To point out that a very large portion of our country is glutonous/greedy doesn't mean he hates America. Fact is we DO live in a "me me me" "I want it now, no matter what, and fast" society (and not just in America, but more so here it seems... we're known for it). To point out ANY fault in the people of this country (or it's government) does NOT automatically equal hate of the country, nor does it mean they are somehow less patriotic.
We are not required to follow our leaders like blind sheep, agree with anything they say or do, and paint only rosey pictures of life here in order to be "good" Americans or patriotic.
The fact is faults exist at every level in just about anything. If you never point them out and work on them they'll never go away.
I love America and I'm sure Frank does too.
Frank | 3:31 p.m. June 19, 2008
Thanks Steve. I do love the US, and I love its virtues and principals. But not
the situation we have put ourselves in.
Getting free of foreign influence would be awesome, I'm all for drilling to aid that. I am against however gorging on that oil like we do now consuming more than a third of the worlds oil production (even if its our own).
Ingenuity is American. Beating the odds is American. Hedonism is ancient Greek, lets give that back.
Getting free of foreign influence would be awesome, I'm all for drilling to aid that. I am against however gorging on that oil like we do now consuming more than a third of the worlds oil production (even if its our own).
Ingenuity is American. Beating the odds is American. Hedonism is ancient Greek, lets give that back.
To:Steve and others! | 6:15 p.m. June 19, 2008
Now I am really laughing! Wow, you get all your news from the networks?
Fantastic! Yippeeeeeee! This is getting funnier by the moment. I have never
been so entertained on this site. It is magic! This is great. I am going to
email all my friends. They need a good hard laugh to get out the frustration of
idiocy in our lazy world to get to the truth in this society. NBC, CBS, and ABC
are NEWS SOURCES WE CAN TRUST!@#!@#! Hysterical laughter is eminating across
this country. With this much energy being created, why, we don't need oil.
NO, we need idoicy! Yes, sir! KEEEEEEP IT UP! "I'm lovin'
it.!"
To Steve | 8:47 a.m. June 20, 2008
What made you hate your country?
Arthur | 10:07 a.m. June 20, 2008
re: To:Steve and others!
Laughing or belittling at people is not evidence in any way. Steve asked what you have against the CBS news, and I'm sure he's sincere in wanting to know mr anonymous. We are still waiting.
Laughing or belittling at people is not evidence in any way. Steve asked what you have against the CBS news, and I'm sure he's sincere in wanting to know mr anonymous. We are still waiting.
CB | 12:06 p.m. June 20, 2008
If all the libs were right about the reason for invading Iraq (to steal their
oil of course!) we would be floating in 1.00 a gallon oil right now...the
technology to wean ourselves off gas right now either DOESN't EXIST or is
not financially feasible (most people can't afford a 150,000 experimental
car).
Steve - Re: Arthur & To Steve | 12:34 p.m. June 20, 2008
Thank you Arthur. You're right, I sincerely would like to know what
exactly is "wrong" with CBS or any other regular network news.
I'm assuming that person thinks CNN is superior to all else.
And about "To Steve" at 8:47am today, now you're just being flip and a smart-alek. How about a well reasoned and intelligent response next time?
And about "To Steve" at 8:47am today, now you're just being flip and a smart-alek. How about a well reasoned and intelligent response next time?
Anonymous | 6:23 p.m. June 21, 2008
When I read the article in the Deseret News about Bush and Cannon pushing for
the developement of oilshale in Utah, I was ready to laugh out loud! My favorite
quote was from president Bush when he said that the Green River Basin has
"more than three times larger than the proven oil reserves of Saudi
Arabia." I am sorry, but that is pretty ridiculous.
I do agree with the president that we need to end our dependence on foriegn oil, but i really think we need to take it one step further. We need to end our dependence on oil period. Oil shale is not the solution.
It costs more to extract the petroleum from oil shale that it costs to pump oil now--and we all know too well how expensive that is. It also creates enormous amounts of pollution. Finally, extracting petroleum from the Green River Basin leaves us with no more Green River Basin. Come on America, we're smarter than this! There are other solutions to our energy crisis that don't involve oil.
I do agree with the president that we need to end our dependence on foriegn oil, but i really think we need to take it one step further. We need to end our dependence on oil period. Oil shale is not the solution.
It costs more to extract the petroleum from oil shale that it costs to pump oil now--and we all know too well how expensive that is. It also creates enormous amounts of pollution. Finally, extracting petroleum from the Green River Basin leaves us with no more Green River Basin. Come on America, we're smarter than this! There are other solutions to our energy crisis that don't involve oil.
Johnp | 6:33 p.m. June 21, 2008
We really don't need oilshale to take care of us while we develope
alternative forms of energy. We already have alternative forms of energy and
have for almost ten years. I don't see what the problem is with driving an
electric car. If this country can put a man on the moon I think we can impliment
the technology we have that could power our country without oil.
Jim Maguffin | 9:59 a.m. June 28, 2008
This problem has been going on for 40 years. Renewables are a good 30 years
away. If this country wanted to, we could make fuels from coal. It would be a
heck of alot cheaper, than what we pay now. It could be done faster, than
anything else right now. Problem is NIMBY's. The only way out of this is to
realize we all are going to take a hit. We need more nuclear power. We need to
turn coal into liquid fuel. We need to drill off both coasts. We need to spend 1
trillion dollars over 10 years to make renewables efficient, and mainstream.
This is about our ability to maintain our lively- hoods. The do nothings in
Washington need to understand that there is no room for error right now. The
common man can't take it anymore. Excuses are like rear ends, every body
has one and they all stink. We need to take care of ourselves for a change, and
stop pandering to countries that hate our guts.
Old Ms Rebel | 9:27 a.m. Aug. 29, 2008
We have the technology to develop alternative energy. And I think it is true the
Oil Lobby has discouraged this. But, if we can get a gutless do-nothing congress
to do it's job, which is , get out of the WAY!! Let get nuclear plants
built, get the clean coal mined, lift the bans on Oil drilling, Forget the UGLY
wind turbines. Do you know how much these blots on the landscape UGLY up
ANYWHERE?? Tell T. Boone to take the wind and shove it!! We have TRILLIONS of
cubic feet of natural gas. Don't let any oil company put a well on line w/o
putting the gas in a pipeline. We flare (vented to the atmosphere) over 3
TRILLION cubic feet LAST YEAR!! How many generators would that have fired?
FORGET GLOBAL WARMING,I would put my money on the tooth fairey instead. Also make ANYONE who rides a bike on a public road pay $10 a day. These non-tax paying suckers think they are above any law, and should be BANNED!!
FORGET GLOBAL WARMING,I would put my money on the tooth fairey instead. Also make ANYONE who rides a bike on a public road pay $10 a day. These non-tax paying suckers think they are above any law, and should be BANNED!!
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