"American Oil Independence Leads to OWN Demise"

[richravizza 28]

I've been following the Shale Oil Revolution in the USA for 6 years.
Some of the largest Oil finds in 40 years,Bakken, Eagleford, and Permian Basin shale formation.
The progress has been nothing but Remarkable.

Remember 'peak oil' 20 yrs ago..LOL,

Production now exceeds Russia, and we were inline to even out produce Saudi Arabia.

That's rite, We now Produce over 8 Million Barrels a day.

The benefits of Cheaper Oil Let us Count the ways!!!
But.....
http://news.yahoo.com/opec-cannot-protect-oil-price-uae-minister-073902651.html

[lawrocket 3]

Yeah. OPEC wants to make oil so cheap that the shale oil industry in North America goes kaput. So it'll stay cheap for a while.

Meaning the middle east will run out of oil before the US does. The easiest way to keep that oil in the ground is for OPEC to sell cheaper oil themselves.

My wife is hotter than your wife.

[normiss 897]

I thought global warming was a farce caused by chemtrails.



Sorry...wrong thread...wrong user.

[grue 1]

RobertMBlevins

Well...guess how much power is created by all the nuclear power plants in America. About 20%.

…and if we build more plants using modern technology, we can do less polluting with coal and other heavily polluting forms of power generation, especially if we stop being a bunch of pussies and start recycling our fuel.

Geothermal and hydroelectric where appropriate, nuclear elsewhere, and joy of joys we've got clean power generation. Solar can work in some places as well, just not for base grid.

cavete terrae.

[Anvilbrother 0]

..Incommmminnnggg nuclear waste activists!!!

I love nuclear power tho, lets go with that.

Postes r made from an iPad or iPhone. Spelling and gramhair mistakes guaranteed move along,

[grue 1]

Anvilbrother

..Incommmminnnggg nuclear waste activists!!!

I love nuclear power tho, lets go with that.

Most of those activists are too poorly informed to understand that up to 95% of so-called waste can be recycled and used again as fuel. Jimmy Carter, however, was a fucking moron and his legacy prevents us from doing that.

cavete terrae.

[Anvilbrother 0]

I read once that something called a Liquid thorium reactor IIRC is very efficient with its fuel, and uses almost all of it up.

Postes r made from an iPad or iPhone. Spelling and gramhair mistakes guaranteed move along,

[Andy9o8 2]

lawrocket

Yeah. OPEC wants to make oil so cheap that the shale oil industry in North America goes kaput. So it'll stay cheap for a while.

Meaning the middle east will run out of oil before the US does. The easiest way to keep that oil in the ground is for OPEC to sell cheaper oil themselves.

When the Saudis jacked oil prices up, they were fuckers. Now they're keeping oil prices down. Those fuckers!
LOL. Helluva world.

[normiss 897]

I think there were enough bad reasons with waste, and some metals that basically abandoned this technology 50-some years ago?
I recall some of my nuke engineering buddies from the Navy days were insanely interested in the idea, but the hurdles make it almost prohibitive.

Long time since then though, I've probably forgotten more about nuclear engineering than I knew to begin with.

Doesn't wind, solar, and water have a better return? Thinking in power gen anyway.

[Andy9o8 2]

Don't look now but the Chinese are going to mine the Moon for Helium-3, and leave the rest of us in their moon dust.

[lawrocket 3]

normiss

Doesn't wind, solar, and water have a better return? Thinking in power gen anyway.

This depends. Wind and solar are subject to the whims of nature. Wind generation capability is different from the actual generation provided. In many places, wind generation sits unused but the consumers still pay for it (even idle generators get paid).

Water is great, too, but enviromentally is a big problem (as is wind and solar).

Nuclear is nice because it can be ramped up or down. Very expensive to get started, expensive to maintain (see San Onofre) and has a pretty small footprint. Fearmongering ended it.

My wife is hotter than your wife.

[normiss 897]

Earthquakes didn't help either.

[Anvilbrother 0]

The only earthquakes we have here are the ones made at football games.

http://en.wikipedia.org/wiki/Earthquake_Game

Postes r made from an iPad or iPhone. Spelling and gramhair mistakes guaranteed move along,

[rushmc 23]

normiss

Doesn't wind, solar, and water have a better return? Thinking in power gen anyway.

To date, wind farms do not make money on thier own. With tax help they work to an extent

Solar has promise
Water I dont know anything about (unless you are talking about large scale damns)

Consider the following
http://www.startribune.com/business/287867471.html

Quote

Power to people on the prairie — it’s the idea, born in Minnesota, that farmers should own some of the wind turbines spinning above their fields.

But that idea has turned into a financial loser for about 360 farmers and other landowners who invested in two small wind farms more than a decade ago near Luverne, Minn., in the windy southwest corner of the state.

The companies that collectively own the two Minwind Energy projects filed for reorganization this week in U.S. Bankruptcy Court in Minnesota. The owners stand to lose their investment, and the wind farms eventually may have to shut down, according to regulatory filings.

It is the first of the state’s approximately 100 operating wind power projects to seek bankruptcy protection, and the case is raising questions about whether the small-scale wind farm model still works in an era of ever-larger wind-generating projects.

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[grue 1]

normiss

I think there were enough bad reasons with waste, and some metals that basically abandoned this technology 50-some years ago?
I recall some of my nuke engineering buddies from the Navy days were insanely interested in the idea, but the hurdles make it almost prohibitive.

Long time since then though, I've probably forgotten more about nuclear engineering than I knew to begin with.

It's come a long, long way since then. Right now the biggest issue is basically education, because people are judging it based on the technology the older reactors are using.

Nobody judges air travel based on the planes from the 1930s, or car safety based on the model T, but nuclear engineering for whatever reason has had its advanced basically ignored by the wider world.

We're a long way off from fusion yet, but fission isn't nearly as scary as it used to be.

cavete terrae.

[lawrocket 3]

normiss

Earthquakes didn't help either.

Indeed. Unfortunately, nuke plants need a water source. The ocean is usually pretty good for that, until that sea level rises ten meters in the span of a couple minutes. One of those, "we sure didn't fully appreciate THAT threat."

Great point.

My wife is hotter than your wife.

[lawrocket 3]

[Quote]Right now the biggest issue is basically education, because people are judging it based on the technology the older reactors are using.


In terms of actually getting a nuke plant built, politics is too much. Nuke plants have huge upfront costs. It requires some predictability with the regulatory practices and standards. That ain't the case. First, California has effectively banned nuke plants until an approved waste disposal site is made. Still don't have that.

We've just gotta wait until the anti-nuke crowd of the seventies loses power and influence as it dies out and fresh thinking comes in. Just like any paradigm.

My wife is hotter than your wife.

[rushmc 23]

lawrocket

[Quote]Right now the biggest issue is basically education, because people are judging it based on the technology the older reactors are using.

In terms of actually getting a nuke plant built, politics is too much. Nuke plants have huge upfront costs. It requires some predictability with the regulatory practices and standards. That ain't the case. First, California has effectively banned nuke plants until an approved waste disposal site is made. Still don't have that.

We've just gotta wait until the anti-nuke crowd of the seventies loses power and influence as it dies out and fresh thinking comes in. Just like any paradigm.

some companies are in the permitting process right now
It take 8 to 12 (normally) to permit a plant and millions of dollars just to get to the point where you can start construction
THEN
Once the permits are obtained the lawsuits begin
During the 8 to 12 year process you need to hire engineering firms and try and buy materials so as to lock in the prices
why do this?
Publically held utilities need to ge before their state regulatory boards and get an approved rate of return on the investment
It is an ugly process which seems to have the goal of making it too hard to win

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[ryoder 1,590]

I'm still scratching my head over how American oil independence will lead to the demise of the Oprah Winfrey Network.

"There are only three things of value: younger women, faster airplanes, and bigger crocodiles" - Arthur Jones.

[rehmwa 2]

ryoder

I'm still scratching my head over how American oil independence will lead to the demise of the Oprah Winfrey Network.

White gold
Texas Tea....sweetener


First you get the sugar
then you get...the money
then you get the women

...
Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants

[richravizza 28]

The Price at the ZPump Saves me
$ 20 bucks a Week in Car.
$ 50 in my service Truck.
$20 trips to the DZ.

$ 90 BUCKS a WEEK and I'm in L.A. and Gas is Still $3.50 a Gallon

$360 a month Damn Thanks for the JUMPS !!!

IRONIC AINT IT,

the subjuct changed to Global Warming, Electical Power, Green tech ect...

Very Little Electric Power comes from Oil,may be 1? or 2%

The Gov't has been tryn to simulate own economy for Decades.
remember the Checks form Bush,
How many years were Social security taxs reduced.
And the RESULTS.............
NUTTIN NADA, ZILTCH

but, I think this is going to have results.
It's sooo far reaching..and as Gardener would say,

"RIGHT TO THE BOTTOM LINE"

[turtlespeed 226]

Andy9o8

Don't look now but the Chinese are going to mine the Moon for Helium-3, and leave the rest of us in their moon dust.

Sarcasm, or paranoia?

I'm not usually into the whole 3-way thing, but you got me a little excited with that. - Skymama
BTR #1 / OTB^5 Official #2 / Hellfish #408 / VSCR #108/Tortuga/Orfun

[richravizza 28]

Iago

***Yeah. OPEC wants to make oil so cheap that the shale oil industry in North America goes kaput. So it'll stay cheap for a while.

Meaning the middle east will run out of oil before the US does. The easiest way to keep that oil in the ground is for OPEC to sell cheaper oil themselves.

I have no problem using the cheap oil from overseas when it is cheap and saving the more expensive domestic oil for when the cheap oil is no longer cheap.

(If that makes any sense.)

We'll be in the catbird seat down the road.

Opec is responsible for $100 for the last 20yrs.
Open the spigot when it high, close it off when it's low..

With all the supply now, they could SHut off their 8 MBoD.and I'm sure
Venezuela, Iran,Africa, Russia and the Rest of the Middle East would love to replace them.

Here in the the states, where it must be economical its a Different story.
Once Again, Free Market Capitalism has freed us from the grip of a cartel that HAD the power, to contol our economy, our lives our futures.

[Andy9o8 2]

turtlespeed

***Don't look now but the Chinese are going to mine the Moon for Helium-3, and leave the rest of us in their moon dust.

Sarcasm, or paranoia?

Truthiness. There's a neat article in space.com about it.

[turtlespeed 226]

Andy9o8

******Don't look now but the Chinese are going to mine the Moon for Helium-3, and leave the rest of us in their moon dust.

Sarcasm, or paranoia?

Truthiness. There's a neat article in space.com about it.

Nothing quite like being behind the curve

I'm not usually into the whole 3-way thing, but you got me a little excited with that. - Skymama
BTR #1 / OTB^5 Official #2 / Hellfish #408 / VSCR #108/Tortuga/Orfun