|  Author | Topic: Big Oil is Here (Read 632 times) |
squeezebox
Diamondologist
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|  | Big Oil is Here
« Thread Started on Nov 4, 2009, 8:01pm » | |
Is This True????
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> AMAZING! Think of all the people that could have jobs.
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> Very Interesting!!
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> Here's an interesting read
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> Also if I may add, about 6 months ago I was watching a news program on oil and one of the Forbes Bros. was the guest. This is out of context, but this is the actual question as asked. The host said to Forbes, "I am going to ask you a direct question and I would like a direct answer, how much oil does the U.S. have in the ground." Forbes did not miss a beat, he said, "more than all the Middle East put together." Please read below.
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> The U. S. Geological Service issued a report in April ('08) that only scientists and oil men knew was coming, but man was it big. It was a revised report (hadn't been updated since '95) on how much oil was in this area of the western 2/3 ofNorth Dakota ; western South Dakota ; and extreme eastern Montana .... check THIS out:
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> The Bakken is the largest domestic oil discovery since Alaska 's Prudhoe Bay , and has the potential to eliminate all American dependence on foreign oil. The Energy Information Administration (EIA) estimates it at 503 billion barrels. Even if just 10% of the oil is recoverable... at $107 a barrel, we're looking at a resource base worth more than $5.3 trillion.
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> 'When I first briefed legislators on this, you could practically see their jaws hit the floor. They had no idea..' says Terry Johnson, the Montana Legislature's financial analyst.
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> 'This sizable find is now the highest-producing onshore oil field found in the past 56 years' reports, The Pittsburgh Post Gazette. It's a formation known as theWilliston Basin , but is more commonly referred to as the 'Bakken.' And it stretches from Northern Montana, through North Dakota and into Canada ..... For years, U. S. oil exploration has been considered a dead end. Even the 'Big Oil' companies gave up searching for major oil wells decades ago. However, a recent technological breakthrough has opened up the Bakken's massive reserves.... and we now have access of up to 500 billion barrels. And because this is light, sweet oil, those billions of barrels will cost Americans just $16 PER BARREL!
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> That's enough crude to fully fuel the American economy for 2041 years straight..
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> 2... And if THAT didn't throw you on the floor, then this next one should - because it's from TWO YEARS AGO!
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> U. S. Oil Discovery- Largest Reserve in the World!
> Stansberry Report Online - 4/20/2006
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> Hidden 1,000 feet beneath the surface of the Rocky Mountains lies the largest untapped oil reserve in the world. It is more than 2 TRILLION barrels. On August 8, 2005 President Bush mandated its extraction. In three and a half years of high oil prices none has been extracted. With this motherload of oil why are we still fighting over off-shore drilling?
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> They reported this stunning news: We have more oil inside our borders, than all the other proven reserves on earth. Here are the official estimates:
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> - 8-times as much oil as Saudi Arabia
> - 18-times as much oil as Iraq
> - 21-times as much oil as Kuwait
> - 22-times as much oil as Iran
> - 500-times as much oil as Yemen
> - and it's all right here in the Western United States .
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> HOW can this BE? HOW can we NOT BE extracting this? Because the environmentalists and others have blocked all efforts to help America become independent of foreign oil! Again, we are letting a small group of people dictate our lives and our economy.....WHY?
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> James Bartis, lead researcher with the study says we've got more oil in this very compact area than the entire Middle East -more than 2 TRILLION barrels untapped. That's more than all the proven oil reserves of crude oil in the world today, reports The Denver Post.
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> Don't think 'OPEC' will drop its price - even with this find? Think again! It's all about the competitive marketplace, - it has to. Think OPEC just might be funding the environmentalists?
> Got your attention/ire up yet? Hope so! Now, while you're thinking about it ... and hopefully P.O'd, do this:
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> 3. Pass this along. If you don't take a little time to do this, then you should stifle yourself the next time you want to complain about GAS PRICES--- because by doing NOTHING, you've forfeited your right to complain.
> --------
> Now I just wonder what would happen in this country if every one of you sent this to every one in your address book.
> By the way...this is all true. Check it out at the link below!!!
> GOOGLE it or follow this link. It will blow your mind.
>
> http://www.usgs.gov/newsroom/article.asp?ID=1911<http://www.usgs.gov/newsroom/article.asp?ID=1911 http://www.usgs.gov/newsroom/article.asp?ID=1911><http://www.usgs.gov/newsroom/article.asp?ID=1911
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blu1236
Dr. Of Diamonds
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| | Re: Big Oil is Here
« Reply #1 on Nov 4, 2009, 8:33pm » | |
I was in oil. 9 out of ten wells were capped and still are. Another ponder is gull island which has more than all middle east itself.
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CMKXHostage#6655321
Dr. Of Diamonds
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| | Re: Big Oil is Here
« Reply #2 on Nov 4, 2009, 9:58pm » | |
Tons of oil is off the coasts of FL and CA, too. The Dems and environmentalists won't let them drill for it. Too bad, as the Chinese have off-shore sites off of FL for certain, just outside of US boundaries and they have been drilling in the same reservoirs. I'm not sure if they are pumping yet, but they will be able to suck out all this oil while we sit around sucking our thumbs.
What's worse, is that Obama signed off to shut down Yucca Mountain, our (to be) repository for spent nuclear fuel rods. That means there will be no more nukes built in this country, fast-breed or not.
Nuclear costs 1.2 cents per KW.
Coal is about 10 cents per KW.
Those lovely "green" windmills that Obama and the Dems are promoting... Well, they're all Made In China by GE, and do you know what they're C/KW is... 15 cents per KW.
Nuclear is the cheapest and cleanest form of energy in the world. Just ask any other country. And we're putting up useless windmills.
Gotta love it.
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3bid
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| | Re: Big Oil is Here
« Reply #3 on Nov 5, 2009, 9:45am » | |
Nuclear power does sound clean and controlled from A to Z, when waste storage is selectively defined as a repository for spent nuclear fuel rods, doesn't it? A halo of purity to it, but why stop with just a primer coat when we can have a glorified jumbo-sized hazardous waste bin layered with pastel colored love flower murals; a sexy time capsule gift for whomever in the wherever, somewhere over yonder million or so rainbows, inherited as a burden into anyone else's precious lifetime of values. No chance this waste dump will deep sleep anywhere near as long as the half-life of its contents; storage repositories are temporary by comparison to the hellish nature of existence for the Luciferous hot waste. This means maintenance, and very likely, removal and transport -- if possible. A very long stretch of years and the imagination to baby-sit our lethal beast of burden to the planet; a multiple lifetime sentence that leaves us naked and short-chained to the ignorance of our past.
There seems to persist that troubling issue of having to sweep under the rug for very, very, long-term storage, to maintain an above ground illusion of cleanliness. Vanishing acts seem to be a way of life, these days. Increasing numbers of nuclear power plants would demand more and larger rugs in obscure forget-about-it areas. But what if O'bama hasn't stalled the advancement of nuclear energy systems by what happened with Yucca Mt. Perhaps the [new] so-called nuclear battery technology is windmilling its way in as the old dirty nukcular model changes style and gains some memory distance. But I won't begin to forget until I've read the details between the lines in selectively worded definitions promoting clean, new & improved nuclear fission based batteries, in break-out articles such as this one:
Clean Energy Quest Back
Truck-delivered Micro-Nuclear Reactor for Clean Energy Within Five Years
Edwin Black November 10th 2008
Micro-nuclear reactors about the size of a hot tub, prefabricated and delivered by trucks, will begin revolutionizing electric energy supply within five years, according to information gleaned from government scientists and corporate energy sources. If successful, the breakthrough will change the face of global energy supplies.
New nuclear battery technology pioneered by government scientists at Los Alamos—the facility that developed the first atomic bomb—has been licensed to private companies for mass production and distribution. In its initial format, each micro-reactor will produce just 25 megawatts, but enough to provide electricity for 20,000 average American-sized homes or a major industrial project. Daisy-chained, these micro-reactors, each one about twice the size of an average man, can supply enough electricity to power an entire small city or suburb. Initially, the reactors will be placed in isolated industrial and residential areas, such as oilsand enterprises and underdeveloped African nations in need of power.
The miniature nuclear marvels will be factory-sealed in concrete, and delivered by truck, train or ship for burial under close international nuclear regulatory supervision. The reactors will produce heat which will boil an adjacent water source to create the steam that typically turns turbines that generate electricity.
Unlike giant nuclear reactors requiring ten years to construct under daunting conditions, these concrete “nuclear batteries” have no moving parts, no potential to go supercritical or meltdown, and reportedly cannot be easily tampered with. The extremely small amount of hot nuclear fuel—too hot to handle--would immediately cool if exposed to air, technical sources assert.
Moreover, it would take prodigious resources wielded by a government infrastructure to attempt to enhance the weak radioactive core into a weapons-grade component. The fact is the radioactive fuel is so weak it will have to be replaced within seven to ten years. The nuclear waste after five years of spent fuel is so negligible it will reportedly produce a mass no bigger than a softball, and that will be easily recycled, according to atomic energy sources.
The first company to launch micro-reactor production is Hyperion Power Generation, a New Mexico company which will manufacture what it calls the Hyperion Power Module (HPM). Three Hyperion factories are being built to produce some 4,000 micro reactors, each one selling for approximately $25 million. According to company information, orders for the first 100 units have already been received, mainly from massive oil and other industrial enterprises with significant power needs in isolated areas. The first HPM will be shipped to a company called TES, a Czech firm specializing in water plants and power generation. TES has reportedly ordered six modules, the first one to be installed in Romania with an option for a dozen more micro-reactors. Developers in the Cayman Islands, Panama and the Bahamas are also considering purchases, sources say.
Toshiba, with vast experience in traditional nuclear installations, is also gearing up for micro-reactors. In March 2008, Toshiba invested $300 million in a new company called Nuclear Innovation North America LLC to proliferate Toshiba’s ABWR (advanced boiling water reactor) nuclear power plants in North America. Toshiba is considering a slightly larger micro reactor yielding 200 kilowatts of power that would power a single building for up to four decades. The slightly larger reactor would measure approximately 18 feet tall and 4 feet wide.
Other nuclear licensees are also racing to join the technology, all of which will be under the strict supervision of America’s Nuclear Regulatory Agency and the International Atomic Energy Agency.
Because the scale is so small, the nuclear material so weak, and the technology so entrenched after 50 years of nuclear management, these so-called “nuclear batteries” could, in essence, totally obsolete coal-based generation of electricity and substantially mitigate the acceleration of greenhouse gasses and global warming, commencing in the year 2013.
Edwin Black is the New York Times best selling investigative author of IBM and the Holocaust, Internal Combustion and his just released book, The Plan: How to Save America When the Oil Stops—or the Day Before (Dialog Press). More information about The Plan can be found at www.planforoilcrisis.com.
http://www.thecuttingedgenews.com/index.php?article=906
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snifferpup
God of Diamonds
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| | Re: Big Oil is Here
« Reply #4 on Nov 5, 2009, 3:07pm » | |
Remember AMDI Petroliem from the race day's........................................David DeSormeau involved with the company as Chief Financial Officer ~
Press Release: July 30, 2009:
AMDI Petroleum has entered into an agreement with the owner of a track of land located in the Williston Basin of the Bakken formation. The agreement was secured by John Crandall, AMDI’s President of Resource Acquisition and Development. The agreement allows AMDI to complete due diligence as a first step toward securing lease rights for crude oil, natural gas as well as other minerals for production and development.
The Williston Basin is part of the Bakken Formation which is located in Canada Montana, South Dakota and North Dakota in the United States.
The United States Geological Survey estimates that the Williston Basin has potential reserves of 3.65 billion barrels of crude oil, 1.85 trillion cubic feet of natural gas and 148 million barrels of gas liquids. Successful acquisition and development of a Williston Basin concession could realize a substantial increase in reserves and potential revenues for the company.
http://amdipetroleum.net/index.html
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CMKXHostage#6655321
Dr. Of Diamonds
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Posts: 234
| | Re: Big Oil is Here
« Reply #5 on Nov 5, 2009, 11:18pm » | |
Nov 5, 2009, 9:45am, 3bid wrote:Nuclear power does sound clean and controlled from A to Z, when waste storage is selectively defined as a repository for spent nuclear fuel rods, doesn't it? A halo of purity to it, but why stop with just a primer coat when we can have a glorified jumbo-sized hazardous waste bin layered with pastel colored love flower murals; a sexy time capsule gift for whomever in the wherever, somewhere over yonder million or so rainbows, inherited as a burden into anyone else's precious lifetime of values. No chance this waste dump will deep sleep anywhere near as long as the half-life of its contents; storage repositories are temporary by comparison to the hellish nature of existence for the Luciferous hot waste. This means maintenance, and very likely, removal and transport -- if possible. A very long stretch of years and the imagination to baby-sit our lethal beast of burden to the planet; a multiple lifetime sentence that leaves us naked and short-chained to the ignorance of our past.
There seems to persist that troubling issue of having to sweep under the rug for very, very, long-term storage, to maintain an above ground illusion of cleanliness. Vanishing acts seem to be a way of life, these days. Increasing numbers of nuclear power plants would demand more and larger rugs in obscure forget-about-it areas. But what if O'bama hasn't stalled the advancement of nuclear energy systems by what happened with Yucca Mt. Perhaps the [new] so-called nuclear battery technology is windmilling its way in as the old dirty nukcular model changes style and gains some memory distance. But I won't begin to forget until I've read the details between the lines in selectively worded definitions promoting clean, new & improved nuclear fission based batteries, in break-out articles such as this one:
Clean Energy Quest Back
Truck-delivered Micro-Nuclear Reactor for Clean Energy Within Five Years
Edwin Black November 10th 2008
Micro-nuclear reactors about the size of a hot tub, prefabricated and delivered by trucks, will begin revolutionizing electric energy supply within five years, according to information gleaned from government scientists and corporate energy sources. If successful, the breakthrough will change the face of global energy supplies.
New nuclear battery technology pioneered by government scientists at Los Alamos—the facility that developed the first atomic bomb—has been licensed to private companies for mass production and distribution. In its initial format, each micro-reactor will produce just 25 megawatts, but enough to provide electricity for 20,000 average American-sized homes or a major industrial project. Daisy-chained, these micro-reactors, each one about twice the size of an average man, can supply enough electricity to power an entire small city or suburb. Initially, the reactors will be placed in isolated industrial and residential areas, such as oilsand enterprises and underdeveloped African nations in need of power.
The miniature nuclear marvels will be factory-sealed in concrete, and delivered by truck, train or ship for burial under close international nuclear regulatory supervision. The reactors will produce heat which will boil an adjacent water source to create the steam that typically turns turbines that generate electricity.
Unlike giant nuclear reactors requiring ten years to construct under daunting conditions, these concrete “nuclear batteries” have no moving parts, no potential to go supercritical or meltdown, and reportedly cannot be easily tampered with. The extremely small amount of hot nuclear fuel—too hot to handle--would immediately cool if exposed to air, technical sources assert.
Moreover, it would take prodigious resources wielded by a government infrastructure to attempt to enhance the weak radioactive core into a weapons-grade component. The fact is the radioactive fuel is so weak it will have to be replaced within seven to ten years. The nuclear waste after five years of spent fuel is so negligible it will reportedly produce a mass no bigger than a softball, and that will be easily recycled, according to atomic energy sources.
The first company to launch micro-reactor production is Hyperion Power Generation, a New Mexico company which will manufacture what it calls the Hyperion Power Module (HPM). Three Hyperion factories are being built to produce some 4,000 micro reactors, each one selling for approximately $25 million. According to company information, orders for the first 100 units have already been received, mainly from massive oil and other industrial enterprises with significant power needs in isolated areas. The first HPM will be shipped to a company called TES, a Czech firm specializing in water plants and power generation. TES has reportedly ordered six modules, the first one to be installed in Romania with an option for a dozen more micro-reactors. Developers in the Cayman Islands, Panama and the Bahamas are also considering purchases, sources say.
Toshiba, with vast experience in traditional nuclear installations, is also gearing up for micro-reactors. In March 2008, Toshiba invested $300 million in a new company called Nuclear Innovation North America LLC to proliferate Toshiba’s ABWR (advanced boiling water reactor) nuclear power plants in North America. Toshiba is considering a slightly larger micro reactor yielding 200 kilowatts of power that would power a single building for up to four decades. The slightly larger reactor would measure approximately 18 feet tall and 4 feet wide.
Other nuclear licensees are also racing to join the technology, all of which will be under the strict supervision of America’s Nuclear Regulatory Agency and the International Atomic Energy Agency.
Because the scale is so small, the nuclear material so weak, and the technology so entrenched after 50 years of nuclear management, these so-called “nuclear batteries” could, in essence, totally obsolete coal-based generation of electricity and substantially mitigate the acceleration of greenhouse gasses and global warming, commencing in the year 2013.
Edwin Black is the New York Times best selling investigative author of IBM and the Holocaust, Internal Combustion and his just released book, The Plan: How to Save America When the Oil Stops—or the Day Before (Dialog Press). More information about The Plan can be found at www.planforoilcrisis.com.
http://www.thecuttingedgenews.com/index.php?article=906
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Interesting article, 3Bid, reminds me of the types of articles Popular Mechanics used to write in the 60s and 70s. Most of them full of futuristic nonsense that, years later, people laughed and scoffed at. Of course, they were the first (through their sub-magazine Popular Electronics) to talk about a little micro-computer called the MITS Altair, which Bill Gates later wrote BASIC software for, and hence, propagated the dawn of a little company called Micro Soft, which later became Microsoft... Who knows what lies in our future...? Thanks for sharing.
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3bid
Diamondologist
member is offline
Joined: Feb 2007
Gender: Male
Posts: 388
Location: North of south
| | Re: Big Oil is Here
« Reply #6 on Nov 8, 2009, 3:35pm » | |
Nov 5, 2009, 11:18pm, CMKXHostage#6655321 wrote:
Interesting article, 3Bid, reminds me of the types of articles Popular Mechanics used to write in the 60s and 70s. Most of them full of futuristic nonsense that, years later, people laughed and scoffed at. Of course, they were the first (through their sub-magazine Popular Electronics) to talk about a little micro-computer called the MITS Altair, which Bill Gates later wrote BASIC software for, and hence, propagated the dawn of a little company called Micro Soft, which later became Microsoft... Who knows what lies in our future...? Thanks for sharing.
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Always enjoyed PM magazine for imaginative concept articles, most of which are now archived online. PE was around to showcase several decades of progress in R&D, and encouraged a hands-on approach to component level hobbyists.
I was fortunate to be friends with a design engineer for Cray Research during the early 90's. For whatever version of supercomputer at the time, the problems were intense with a [mil contract] deadline. He was moved into a senior design lead position, as the top man was inviting a nervous breakdown and needed a vacation. It was a huge shift in reality to suddenly have a 30 some member team under his guidance in an extreme situation. After a couple weeks he began to wonder how long before the other fellow would return. He was told: he's not coming back.
A retired instructor who trained him early on at a local technical college, I got to see his collection of primitive computers that mark the years of digital technological change. As far as Seymour Cray, regrettably, I'll never meet him. I would've loved to see the bomb shelter and tunnels at his home, inside of which he could think, undisturbed -- except by elves.
From Wikipedia:
Beyond the design of computers Cray led a "streamlined life". He avoided publicity and there are a number of unusual tales about his life away from work. He enjoyed skiing, wind surfing, tennis and other sports. Another favorite pastime was digging a tunnel under his home; he once attributed the secret of his success to elves. "While I'm digging in the tunnel, the elves will often come to me with solutions to my problem."
Cray died October 5, 1996 (age 71) of head and neck injuries suffered in a traffic collision on September 22, 1996. Cray underwent emergency surgery and had been hospitalized since the accident 2 weeks earlier. A car had tried to pass Cray on Interstate 25 in Colorado Springs, Colorado, struck another car, which then struck Cray's Jeep Cherokee, causing it to roll 3 times. The driver received a citation for careless driving causing serious bodily injury. He was unhurt in the accident. The entrance/exit at Academy Blvd and I-25 was later reconfigured to be less dangerous. http://en.wikipedia.org/wiki/Seymour_Cray
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CMKXHostage#6655321
Dr. Of Diamonds
member is offline
Joined: Jul 2009
Gender: Male
Posts: 234
| | Re: Big Oil is Here
« Reply #7 on Nov 8, 2009, 6:33pm » | |
Nov 8, 2009, 3:35pm, 3bid wrote:
Nov 5, 2009, 11:18pm, CMKXHostage#6655321 wrote:
Interesting article, 3Bid, reminds me of the types of articles Popular Mechanics used to write in the 60s and 70s. Most of them full of futuristic nonsense that, years later, people laughed and scoffed at. Of course, they were the first (through their sub-magazine Popular Electronics) to talk about a little micro-computer called the MITS Altair, which Bill Gates later wrote BASIC software for, and hence, propagated the dawn of a little company called Micro Soft, which later became Microsoft... Who knows what lies in our future...? Thanks for sharing.
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Always enjoyed PM magazine for imaginative concept articles, most of which are now archived online. PE was around to showcase several decades of progress in R&D, and encouraged a hands-on approach to component level hobbyists.
I was fortunate to be friends with a design engineer for Cray Research during the early 90's. For whatever version of supercomputer at the time, the problems were intense with a [mil contract] deadline. He was moved into a senior design lead position, as the top man was inviting a nervous breakdown and needed a vacation. It was a huge shift in reality to suddenly have a 30 some member team under his guidance in an extreme situation. After a couple weeks he began to wonder how long before the other fellow would return. He was told: he's not coming back.
A retired instructor who trained him early on at a local technical college, I got to see his collection of primitive computers that mark the years of digital technological change. As far as Seymour Cray, regrettably, I'll never meet him. I would've loved to see the bomb shelter and tunnels at his home, inside of which he could think, undisturbed -- except by elves.
From Wikipedia:
Beyond the design of computers Cray led a "streamlined life". He avoided publicity and there are a number of unusual tales about his life away from work. He enjoyed skiing, wind surfing, tennis and other sports. Another favorite pastime was digging a tunnel under his home; he once attributed the secret of his success to elves. "While I'm digging in the tunnel, the elves will often come to me with solutions to my problem."
Cray died October 5, 1996 (age 71) of head and neck injuries suffered in a traffic collision on September 22, 1996. Cray underwent emergency surgery and had been hospitalized since the accident 2 weeks earlier. A car had tried to pass Cray on Interstate 25 in Colorado Springs, Colorado, struck another car, which then struck Cray's Jeep Cherokee, causing it to roll 3 times. The driver received a citation for careless driving causing serious bodily injury. He was unhurt in the accident. The entrance/exit at Academy Blvd and I-25 was later reconfigured to be less dangerous. http://en.wikipedia.org/wiki/Seymour_Cray
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3Bid,
Thanks for that. I'll try and find those articles, you mentioned, on-line. I used to read them in the High School Library, as a kid.
My dad new Seymour. My pop's an old school hacker... I'll have to ask him what his impression of Seymour was. I've got an old paperweight from Cray Technologies here somewhere.... It's got a chip embedded in it. It should bring a buck or two on eBay... I worked for LANL in the 80's and all the new breed of Cray's were first sent to C-Division (that stands for Computer Division) for beta-testing. Those old Cray's cost 10s of Millions of dollars, back in the day... Funny, how technology unfolds.... Now a portable lap-top has more firepower than those old Crays. Immense things, I remember, with all those cooling chambers, to keep them "cool."
I remember as a kid, we had one phone in the house... The only time it ringed was when my dad was calling to say he was coming home from work. Now, we've got computer lines, cell phones, Ipods, Bluetooths, Blackberrys, Blueberrys, and God knows what else... Funny thing is, people don't seem to *really* communicate any more... So much for technology...
Have we truly evolved...?
Take me back to the Cold War when we at least new the faces of our true enemies... With radical Islamic terrorism, we don't even know who are enemies are... But, I'm getting off topic...
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hundredtoone
Diamond Wiz (Moderator)
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| | Re: Big Oil is Here
« Reply #8 on Nov 9, 2009, 9:31am » | |
EXCELLENT...I am so glad to hear we won't have NUKES in the future since they are OBSOLETE...and the GOVERNMENT(BOTH PARTIES) have kept it SECRET for their own purposes which include OIL they own(LIKE BUSH and other TEXANS) THEY have kept drilling from occuring also so they can get a GOOD PRICE for their oil...a FREE energy source could DESTROY the MULITARY INDUSTRIAL COMPLEX as we know it...COLD FUSION is RIPE...so is zero point energy but WE here in the US will probably miss out on that trend as we did on WIND energy to the Europeans... unless we get SHED of our CORPORATE BOSSES (who own Congress) we will be DOOMED to suffer under their system IMO...Flying Moose(cmkxunofficial)
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