Blue_arrow
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Over the last three years, we’ve opened millions of new acres for oil
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American oil production is the highest that it's been in eight years. That's right - eight years
Yet then he tried to take credit for the work of others when he said, "it was public research dollars, over the course of thirty years, that helped develop the technologies to extract all this natural gas out of shale rock
Perhaps the President needs a little history lesson. While I agree that at times perhaps government support might be helpful for some projects for this revolution it definitely was not. It was the great minds in the energy industry inspired by high prices and declining supply decided to think outside the box and use ingenuity to come up with a better mousetrap. It was George Phydias Mitchell of Mitchell Energy and Development Corporation and his vision in the 1980s and 1990s that made deep Shale Gas production a commercial reality. It wascompanies like Encana Oil & Gas that was trying to figure out how to drill for the natural gas beneath a beautiful and narrow box canyon and decided to drill over 50 wells directionally from one well pad of just 4.6 acres opening up over 640 acres of underground oil and gas deposits without destroying the view
These ideas were not government ideas but ideas in the private sector. Now while it is possible that the oil companies may have taken some tax breaks on the research and development side, the truth is it was not government but the private sector that is to be congratulated on this historic achievement.
You see these of fracturing and directional drilling is the key and yet Obama has not really come out in favor of it. Reuters News reports, "The administration's views on fracturing and drilling generally remain ambiguous. The president has yet to offer a clear endorsement of the technology or offer much leadership on the issue. His party on Capitol Hill remains concerned about the environmental impacts (on local communities and global emissions). Large sections of the Democratic party and its support base continue to push for restrictions, stricter regulation or outright bans on fracking."
Yet at the same time the President said, "the development of natural gas will create jobs and power trucks and factories that are cleaner and cheaper, proving that we don't have to choose between our environment and our economy." Yet he is also calling to kill tax breaks for the energy industry, the one industry that could transform our economy and help our national security. To try to make the case that tax breaks helped create our success and now he is taking it away shows how confused he is on this issue.
http://community.nasdaq.com/News/2012-01/the-energy-report-giving-credit-where-credit-is-due.aspx?storyid=116553
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Onslaught.
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Over the last three years, we’ve opened millions of new acres for oil
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Hi.
What do you want to know about oil shale fracking?
=]
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Caoilin
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Over the last three years, we’ve opened millions of new acres for oil
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sciencefag is here guys! we can all rest safe knowing that massive amounts of pointless scientific terms will be bandied about in any discussion!
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Onslaught.
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Over the last three years, we’ve opened millions of new acres for oil
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Caoilin posted:
sciencefag is here guys! we can all rest safe knowing that massive amounts of pointless scientific terms will be bandied about in any discussion!
hater.
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the_great_intex
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Over the last three years, we’ve opened millions of new acres for oil
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When I was on the wrestling team a move was performed on me called "checking the oil." Should I feel violated and sheltered because I was raped or was this a legitimate wrestling move?
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Onslaught.
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Over the last three years, we’ve opened millions of new acres for oil
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the_great_intex posted:
When I was on the wrestling team a move was performed on me called "checking the oil." Should I feel violated and sheltered because I was raped or was this a legitimate wrestling move?
The Japanese refer to this technique as kancho, I believe.
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the_great_intex
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Over the last three years, we’ve opened millions of new acres for oil
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Onslaught. posted:
the_great_intex posted:
When I was on the wrestling team a move was performed on me called "checking the oil." Should I feel violated and sheltered because I was raped or was this a legitimate wrestling move?
The Japanese refer to this technique as kancho, I believe.
 Very interesting culture
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Sansfear
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Over the last three years, we’ve opened millions of new acres for oil
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Wiki posted:
The prank is pervasive in Japan. There are anime glorifying this act (such as Naruto, where it has been called the Thousand Years of Death). In Japan, there is even a TV gameshow where a celebrity routinely kanchos random people.
WTF?
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Onslaught.
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Over the last three years, we’ve opened millions of new acres for oil
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Sansfear posted:
Wiki posted:
The prank is pervasive in Japan. There are anime glorifying this act (such as Naruto, where it has been called the Thousand Years of Death). In Japan, there is even a TV gameshow where a celebrity routinely kanchos random people.
WTF?
Oh.. ho ho.... let me tell you about Japanese gameshows...
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Friarspam
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Over the last three years, we’ve opened millions of new acres for oil
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The big question is...
How can we blame this on BUUUUSSSHHHH?!
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Onslaught.
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Over the last three years, we’ve opened millions of new acres for oil
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Friarspam posted:
The big question is...
How can we blame this on BUUUUSSSHHHH?!
Easy, but he's not any more to blame than any other politician in Washington. He, Obama, congress and even local governments are all working in the best interest of those that get them elected. The problem is that any pretense that the American public elects these people is fallacious. At least they kept the act up well enough for the previous 150 years or so. ...
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smellymotor
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Over the last three years, we’ve opened millions of new acres for oil
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That hydrologic fracturing is so fuct. It's really going to bite us in the ass
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Onslaught.
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Over the last three years, we’ve opened millions of new acres for oil
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smellymotor posted:
That hydrologic fracturing is so fuct. It's really going to bite us in the ass
It's like anything else. It can be done right and it can be done wrong. The problem right now is that everyone is rushing so quickly in to doing it that little work has been put in to figuring out how to do it right.... The sad part is that most companies are losing considerable amounts of money trying to figure out how to do it at all just because they know if they aren't the first to the punch, they wont get any return.
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smellymotor
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Over the last three years, we’ve opened millions of new acres for oil
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Well I guess it's ok that those companies are raping the environment then
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smellymotor
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Onslaught.
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Over the last three years, we’ve opened millions of new acres for oil
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No, it's not right. I actually turned down three jobs in the past two weeks working as an oil well geologist for a lot of reasons. One of them, admittedly not the main one, was that it's not a very established process.
When doing the phone interview with two of the companies, I expressed that I'd like to move over to the environmental side... they gave me weird responses. hehe
Any of these jobs would have been about 40-60k/yr more than I'm making at the moment.
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Ptilk
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Over the last three years, we’ve opened millions of new acres for oil
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That's the biggest load of bullshit I have ever read.
Yes George Mitchell is an amazing man and an innovator and genius at drilling, but claiming he created hydraulic fracturing without government support if fecking ludicrous. The US Dept of Energy spent 10's of billions of dollars creating the tools that allowed such a process to happen in the first place. The invention of micro seismic underground mapping at the National energy technology lab (part of the Dept of Energy) is what made horizontal drilling economically feasible and led directly to slick water fracking, which was developed in partnership with Mitchell energy and the DOE. (Holy shit! No government support there eh?).
Interestingly, Mitchell energy soon stopped using the process they helped create, as George Mitchell is a HUGE environmental advocate and slick water fracking had some seriously bad effects on the environment in many cases. They moved on to using another technology that they in partnership with NETL at Morgantown, WV developed that uses polymer coated sand pellets instead of chemicals.
Pinnacle Technology (A division of who else? Halliburton) then took over the development of slick water fracking (again in partnership with the DOE) and became the official license holder of the currently used technology in the US. This tech, though widely used in the USA currently, is coming under very serious condemnation for not only it's propensity to directly contaminate ground water with the chemicals it adds to the fracking water, but also it's demonstrated effect of pushing hydrocarbons into that same ground water.
The ideas behind directional drilling were both formulated and supported by the US Government, despite the blatantly false and completely factually incorrect claims made to the contrary in the OP. DOE and it's NETL division in particular created both the tools required for such tech to work in the first place, and were instrumental in the development of both slick water fracking and the much less environmentally damaging improvements and advancements on the tech that will eventually replace it (after the government forces companies to use the new tech which is slightly less efficient (at this time) but costs about the same to utilize).
Tax credits played little or no role in their development, in fact, they helped create our current situation where drastic cuts to the very agencies that created them have been called for by the "We are doomed and broke" crowd (AKA idiots). Some of these idiots actually want to eliminate the DOE entirely....talk about stupid? That's fricken stupid.
The only thing the OP got correct was mentioning George Mitchell as a great innovator and his vision. The guy is a god damn national treasure and should be someone everyone in this country knows about.
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Huges07.1
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Over the last three years, we’ve opened millions of new acres for oil
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the_great_intex posted:
When I was on the wrestling team a move was performed on me called "checking the oil." Should I feel violated and sheltered because I was raped or was this a legitimate wrestling move?
Only if it was done in conjunction with a cradle.
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