Drilling for Oil in the Bakken formation

[Cruisingdad]

Originally Posted by sailaway21

Yeah, and he's got a major distribution problem. I've read and listened to him speak. I wouldn't bet against him, neither would I bet against his taking advantage of massive government subsidies that will prevent a real cost/benefit analysis of efficacy.

How'd you like that AEI seminar?

Have not been able to watch it yet. SOrry. I will.

- CD

[sailaway21]

Here's your boy, CD, on the pages of the Wall Street Journal. Generally liked by conservatives and regraded as one himself, there is some concern that he's a bit off the farm on this one in some details like government involvement and subsidies. You'll note also that he fails to mention nuclear power which basically puts wind power on the shelf economically. Interesting nonetheless.
My Plan to Escape the Grip of Foreign Oil - WSJ.com

[Freesail99]

I think that Pickens plan is more about power transmission lines, rather then wind power. He wants the feds to go around the states and issue those rights.

[camaraderie]

We haven't talked much about US oil shale reserves here. It is profitable to extract at about $40 a gallon and we have TWICE as much estimated shale oil reserves as ALL the oil that has ever been used!!

[sailaway21]

Jim Cramer offers his beach house yard for drilling.
YouTube - Cramer: Drill Next To My Beach House

[cardiacpaul]

I love ol' T.Boone.
He's nuttin' but a good ol' boy don't cha know. (he is a straight shooter)

It wouldn't have anything to do with the over 30,000 acres of West Texas dirt (that won't grow so much as a weed) he owns?


(Mr. Carrol Shelby owns just about that much as well and he said
"I tried chicken farmin', the chickens didn't like the heat, I tried ranchin', the cows damn near starved, so, I started a BBQ and chili sauce company)

[sailaway21]

Energy matters are apparently no big concern to your Congress. They're planning on taking the month of August off and, when they wrap up things this week it's projected that they'll be in DC for only six weeks of the rest of the term. Drilling rigs are standing by.

[sailaway21]

Check out the estimates no natural gas as well as crude oil in this article. Also note the amount of oil spilled of Ca. since the Santa Barbara incident and then the relative numbers for sources of ocean pollution. Yup, nature "pollutes" more than we do!

Worth the risk? Debate on offshore drilling heats up - USATODAY.com

[retclt]

Finally . . . Change I can believe in . . . hope it happens soon.

FOXNews.com - Bush to Lift Executive Ban on Offshore Oil Drilling - Politics | Republican Party | Democratic Party | Political Spectrum

[sailaway21]

Here's a pretty good article on the matter at hand and how soon we can get things down to a more managable price. Hint: Part of it only took a 20 minute speech by the President.

Mark Hemingway on Oil & Offshore Drilling on National Review Online