Thread: interesting oil news
Results 1 to 8 of 8
LinkBack URL
About LinkBacks-
03-10-2009 04:15 PM #1
CHR Member
- Join Date
- Feb 2004
- Location
- dayton
- Car Year, Make, Model: 1948 ford anglia
- Posts
- 978
interesting oil news
According to the article listed on the link, there is enough oil under our ground priced @ 16 bucks a barrell to last us 41 years. Keep in mind this information is from the U.S. Geological Society!
http://www.usgs.gov/newsroom/article.asp?ID=1911
Live everyday like it were your last, someday it will be.
-
Advertising
- Google Adsense
- REGISTERED USERS DO NOT SEE THIS AD
-
03-10-2009 06:19 PM #2
CHR Member
- Join Date
- Nov 2004
- Location
- waldeck
- Car Year, Make, Model: 66 ford custom,27 t bucket
- Posts
- 683
They are probably right, that formation runs north into Canada and their going nuts drilling in that area (southeastern Saskatchewan)I was out there last summer in the early morning and theres oil rigs everywhere drilling.I dont know about the 16.00 a barrel
-
03-10-2009 07:23 PM #3
CHR Member
- Join Date
- Jun 2007
- Location
- New Market
- Posts
- 2,590
yep ... the people that made 10 bazillion dollars last year must need that much more
Originally Posted by DennyW
((I dont know about the 16.00 a barrel))
That's before processing, and ALL the MIDDLE men get their hands in the pot...
iv`e used up all my sick days at work .. can i call in dead ?
-
03-10-2009 09:49 PM #4
CHR Member
- Join Date
- Sep 2005
- Location
- Hamilton
- Car Year, Make, Model: 69 nomad, 73 charger, 74 vega
- Posts
- 3,900
a MILLION gallons under the rocky mountains, FDR declared it an 'emergency' reserve.
LARGEST RESERVE IN THE WORLD is under GULL ISLAND off Alaska's coast
BUT.. it looks like the DAKOTAS might put Gull island to shame.
Yeah, we got oil.
Think we are running out? That is what the powers to be WANT you to think.Last edited by firebird77clone; 03-10-2009 at 09:51 PM.
.
Education is expensive. Keep that in mind, and you'll never be terribly upset when a project goes awry.
EG
-
03-10-2009 11:05 PM #5
CHR Member
- Join Date
- Jun 2003
- Location
- Cahokia
- Car Year, Make, Model: 48 Chevy 1ton Bus
- Posts
- 2,498
http://www.nextenergynews.com/news1/...news2.13s.html
http://www.squidoo.com/montanaoilfield
The USGS did an initial study back in 1999 that estimated 400 billion recoverable barrels were present ...Donate Blood,Plasma,Platelets & sign your DONORS CARD & SAVE a LIFE
Two possibilities exist:
Either we are alone in the Universe or we are not.
Both are equally terrifying.
Arthur C. Clarke
-
03-10-2009 11:31 PM #6
CHR Member/Contributor
- Join Date
- Jul 2003
- Location
- Madison
- Car Year, Make, Model: '67 Ranchero, '57 Chevy, '82 Camaro,
- Posts
- 21,160
and it would be at least 5 years till any of it hit the market as gasoline or diesel.... Lack of refineries is another part of the problem...Yesterday is history, tomorrow is a mystery, Live for Today!
Carroll Shelby
Learning must be difficult for those who already know it all!!!!
-
03-11-2009 12:51 AM #7
CHR Member
- Join Date
- Dec 2003
- Location
- Pahrump
- Car Year, Make, Model: 1947 International Pick Up
- Posts
- 3,187
I've been hauling fuel for 20 some years, and Dave hit the nail on the head.
Most of the existing refineries got some much needed revamps last year.
Every time the oil campanies ask about building a new refinery, every one
starts screaming they don't want it in thier back yards. These tree huggers
are always making a big fuss. The refineries we do have are almost allways
running a full speed. But it's been so slow the last 6 months that drivers that
normally do 3 & 4 loads of fuel a day are only getting 1 load now.
They need to be able to build some new refineries and loading terminals.
I've seen them tear down three loading terminals in Tampa,Florida.
And they have not built a new one in 20 some years.
Plus there are also some greedy people in the oil business. Kurt
-
03-11-2009 01:50 PM #8
CHR Member
- Join Date
- Sep 2005
- Location
- Three rivers
- Car Year, Make, Model: 66 Nova SS 4 speed
- Posts
- 372
"
" Plus there are also some greedy people in the oil business."
YA THINK???
www.adoptafriendforlife.org
Reply With Quote
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
Thank you Roger. .
Another little bird