Can Cnybody Dispute What This Guy Says?

[Mule]

[cgarr]

So we got a pretty good deal when we bought Alaska?

[Seric]

Intelligent people with common sense have no place in society, come on people!

[stevepaa]

http://www.mines.edu/Research/PTTC/newsletters/volume%204/v4n2p4.html

ANWAR reserve estimates are in the neighborhood of 16 billion barrels, which would replace the equivalent of what we currently import from Saudi Arabia [about 1.5 Mbpd] for 20 to 30 years

Don't see 200 years here.

http://www.petrolpump.co.in/energy-sources/natural-gas.htm

The major difficulty in the use of natural gas is transportation. Natural gas pipelines are economical, but are impractical across oceans. Many existing pipelines in North America are close to reaching their capacity prompting some politicians in colder climates to speak publicly of potential shortages. Liquefied natural gas (LNG) tankers are also used, but have higher cost and safety problems. In many cases, as with oil fields in Saudi Arabia, the natural gas which is recovered in the course of recovering petroleum cannot be profitably sold, and is simply burned at the oil field (known as flaring). This wasteful practice is now illegal in many countries, especially since it adds greenhouse gas pollution to the atmosphere, and since a profitable method may be found in the future. The gas is instead re-injected back into the ground for possible later recovery, and to assist oil pumping by keeping underground pressures higher.

That guy is not telling you the whole story.

[kstar]

I'm not supporting what he said, but he was referring to Prudhoe Bay, not ANWAR - these are different places, yes?

He did say that nat. gas was being pumped back into the ground.

FWIW.

[Mule]

A flock of 747 engines pumping it back in.

[Mule]

Originally Posted by stevepaa

http://www.mines.edu/Research/PTTC/newsletters/volume%204/v4n2p4.html

ANWAR reserve estimates are in the neighborhood of 16 billion barrels, which would replace the equivalent of what we currently import from Saudi Arabia [about 1.5 Mbpd] for 20 to 30 years

Don't see 200 years here.

http://www.petrolpump.co.in/energy-sources/natural-gas.htm

The major difficulty in the use of natural gas is transportation. Natural gas pipelines are economical, but are impractical across oceans. Many existing pipelines in North America are close to reaching their capacity prompting some politicians in colder climates to speak publicly of potential shortages. Liquefied natural gas (LNG) tankers are also used, but have higher cost and safety problems. In many cases, as with oil fields in Saudi Arabia, the natural gas which is recovered in the course of recovering petroleum cannot be profitably sold, and is simply burned at the oil field (known as flaring). This wasteful practice is now illegal in many countries, especially since it adds greenhouse gas pollution to the atmosphere, and since a profitable method may be found in the future. The gas is instead re-injected back into the ground for possible later recovery, and to assist oil pumping by keeping underground pressures higher.

That guy is not telling you the whole story.

Point out his inaccuracies, please! What he says scares the crap out of me. If you can dispute it, please speak up!

[ckissick]

I didn't have time to watch the whole thing, but there is one thing that seems not well thought out.

He says we could have cheap gas in one year if they would just pump the oil. That drop in gas price would have to be entirely due to speculation on futures, because the Alaska Pipeline can only transport 2 million barrels per day, 10% of our needs. No matter how much oil there is up there, we can't take out more than 2 mb per day, anyway.

If he's right, of course, we're still in good shape. It will just take way more than one year to get the infrastructure up to speed.

I don't know, all of US needs for 200 years? I'd search the guy's house for a tin foil hat. But I've heard crazier things.

[stevepaa]

Kindly point to factual statements to discuss.
not these. please

"what we pay at the gas pump is a form of taxation that goes to the people who control the world"

"when the gas gets to $4 a gallon, our standard of living will be gone"

"Bush won't tell the truth becasue he is afraid of being " assassinated


"Saddam was too stong for the US"

[Mule]

Originally Posted by stevepaa

Kindly point to factual statements to discuss.
not these. please

"what we pay at the gas pump is a form of taxation that goes to the people who control the world"

Let's see, $5 a barrel costs, $125 selling price. What's the profit margin where you work?

"when the gas gets to $4 a gallon, our standard of living will be gone"

Read this board. Gas prices are affecting almost everybody.

"Bush won't tell the truth becasue he is afraid of being " assasinated

Other than your left wing buddies' protests, why are we not drilling in proven reserves like the Gulf of Mexico, Alaska, CA etc?

"Saddam was too stong for the US"

???

[stevepaa]

yeah, real cogent responses mule. try again.


did you even listen to the whole video?

[Mule]

Originally Posted by stevepaa

yeah, real cogent responses mule. try again.


did you even listen to the whole video?

What is the profit margin where you work? Do you know? I bet it's less than 2500%.

Is $4 gas affecting you?

Why are we not exploiting known reserves?

Yes I did.

[stevepaa]

"can anyone support what this guy says"

should really be the title of your thread.

[Mule]

Seems like he supported it pretty well himself?

Can you answer any of those questions?

[wrecktech]

Interesting that he never gave the date for the Iranians flooding the market with cheap oil. They would still have to get it to the rest of the world and it might be tough if the US shut down the shipping lanes.

[Mule]

I wish they would. I'd love to see the speculators take it in the ass!

[Red Baron]

Article from an interview with T.Boone Pickens. If you are unaware of who he is, I'd suggest you google your fingers to the bone before making some wise crack about him not knowing what he's talking about. In just this short interview, some of what Mr. Lindsey is speaking of is substaniated.

http://www.spectator.org/dsp_article.asp?art_id=13223

[Mule]

This gives me the willys.

[Mule]

More props for the preacher?

http://www.jpost.com/servlet/Satellite?cid=1210668683139&pagename=JPost%2FJPArticle%2FShowFull

[stevepaa]

Originally Posted by Red Baron

Article from an interview with T.Boone Pickens. If you are unaware of who he is, I'd suggest you google your fingers to the bone before making some wise crack about him not knowing what he's talking about. In just this short interview, some of what Mr. Lindsey is speaking of is substaniated.

http://www.spectator.org/dsp_article.asp?art_id=13223

Did not get that at all.

So anyone try these?

Kindly point to factual statements to discuss.
not these. please

"what we pay at the gas pump is a form of taxation that goes to the people who control the world"

"when the gas gets to $4 a gallon, our standard of living will be gone"

"Bush won't tell the truth becasue he is afraid of being " assassinated

"Saddam was too stong for the US"