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RE: Issue: Fuel Costs

 
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RE: Issue: Fuel Costs - 7/13/2008 11:09:08 PM   
SavedByGraceMD


Posts: 756
Joined: 2/13/2008
From: the poconos
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quote:

ORIGINAL: iluvatar

quote:

ORIGINAL: SavedByGraceMD

"But the mother lode is in shale rock. It's estimated that the Saudis have about 260 billion barrels under their sand. By comparison, with current technology, we can safely recover more than 800 billion barrels of the estimated 7 trillion barrels of oil in the shale rock from the Rocky Mountains. That means that current technology could give us more than three times the entire national resources of oil-rich Saudi Arabia.

Extracting oil from shale rock only recently has become economically feasible. It costs about $70 per barrel to extract and make the oil usable. When oil was $18 a barrel that would have been crazy. But at $138 a barrel, it's a bargain. And American companies can make money by supplying our nation's need, and lowering costs for all of us in the process." (source Ken Blackwell is member of NTU's Board of Directors)

link http://www.ntu.org/main/press.php?PressID=1028&org_name=NTU

that is just 3, all of which I got links to from townhall.com


What they don't mention is that oil shale is usually harvested via strip-mining and that with all the energy needed to bake the rocks once they're out of the ground, it's not a particularly efficient means of acquiring energy.

Why spend hundreds of millions of dollars to explore and develop new oil fields that will take a decade or more to come on line and only postpone the inevitable, when we could divert those resources into developing new technologies that are cleaner than oil and renewable?

-Dan.

Name one that is ready now that will provide us with enough energy to get off of oil, and solve the fuel cost issues, not energy issues(stick to the OP).

_____________________________

Isaiah 41:10

"Fear not for I am with you,
Do not be dismayed for I am your God,
I will strengthen you and help you,
I will uphold you with my righteous right hand"
Post #: 76
RE: Issue: Fuel Costs - 7/14/2008 7:10:34 AM   
iluvatar


Posts: 1652
Joined: 4/12/2005
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quote:

ORIGINAL: SavedByGraceMD
Name one that is ready now that will provide us with enough energy to get off of oil, and solve the fuel cost issues, not energy issues(stick to the OP).


Energy issues and fuel costs are not independent. Many people use oil to heat their homes in the winter and people with short commutes could do fine with the shorter range of an electric car. If enough cheap, clean electric power could be provided to accommodate this, it could go quite a ways towards alleviating the main issues people have w/ oil.

-Dan.

_____________________________

Well, I've been to one world fair, a picnic, and a rodeo, and that's the stupidest thing I ever heard come over a set of earphones.
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