Oil spill in the gulf of Mexico
05-06-2010, 06:56 PM
#172
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Location: Beautiful Fort Lauderdale www.cheetahcat.com
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No Cat I see and SMELL the fascist idiot here Stay with your lefty Snopes and Wilkki, I see why you are lost in life.
05-06-2010, 07:00 PM
#174
Gold Member
He was gone before that 2008 report was issued. His earlier data was disproved, and the USGS actually bumped up their prior report a little bit.
double digits
05-06-2010, 07:10 PM
#178
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05-06-2010, 07:14 PM
#180
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Jay, I live in Western Colorado. Refutably the richest reserves of oil shale in the world are in this, and surrounding areas. In the 1970s Exxon was heavily vested in oil shale exploration\refining. When the cost of oil from the Middle East "tanked", the exploration and refining was no longer viable. Too costly. The reserves have been estimated in the 2 TRILLION barrel range.
There has been a very aggressive movement as of late in regards to new refining processes and forecast development of infrastructure that would allow high volumes of oil shale to be produced. This is not something you will hear about on wiki. Very few are privy to the oil companies future endeavors. The past few years increase in oil prices, along with the market being so volatile, have ignited the interest of the oil executives and their stock holders.
The next few years will be interesting to say the least.
Sam
There has been a very aggressive movement as of late in regards to new refining processes and forecast development of infrastructure that would allow high volumes of oil shale to be produced. This is not something you will hear about on wiki. Very few are privy to the oil companies future endeavors. The past few years increase in oil prices, along with the market being so volatile, have ignited the interest of the oil executives and their stock holders.
The next few years will be interesting to say the least.
Sam
totally agree about the interesting next few years thing.
