Excuse me, but you just made some comments about the oil biz that demonstrate that you have very small education about it. Oil Companies drill for oil for only two reasons; a market that will buy all of it they can produce, or the price of crude is high; right now it is not, nor do many forecasters see it over the $75/barrel it would take to be a profit worth going after. The US has one of the highest costs to lift the oil to market of most nations on earth, but just now that difference of $36 USD/barrel for the US and $23/barrel USD for the Russian means we cannot afford a barrel price lower than the Russians can afford- nor are our PRIVATE Corporations likely to play that game with out enormous subsidies. ON fracking; wells have been getting "fracked" all the way back into the late 20's and '30s; the recirculating fluid system that allowed drilling below two thousand feet to be cost effective has an unexpected result; at about eight thousand feet of depth, the weighted up drilling fluid- water weighted up with barite clay power- weighs more than half again what clear water weighs, and a column that deep weighs enough to cause fracking without any other pumping or force added to the well. Some have wanted to "ban fracking"- to do that successfully, the recirculating fluid method has to stop, and the technology to do that job without it does not exist yet. Among the most hopeful things I have seen happen in the US of late, is Exxon's investment and exploration of the lithium mining possibilities in Arkansas. Having Big Oil on the same side as the rest of the eco warriors would really play for a sooner end. If you want to talk about the oil biz, get some brains, learn some facts, check out the realities before you parrot what some other fool told you. I have been one of the "482" since it was "120'- this is not the first time someone has gone off into the ditch talking about oil- myself, I have a passionate distrust of the business, the businessmen and women, the merchants who peddle it and those who explore for it; all of them have done a lot of somebodies dirt to get where they are. But they are a fact, as much as they were a fact a century ago when most of them were known as Big Coal. My knowledge base comes from literally being born on the edge of an oil patch, raised on the beach of the largest offshore oil and gas operation in the world, and have worked from the roustabout to the new tech education level. You can even call the Society of Professional Engineers in Richardson, Texas and they will send you ton of material and references to entry level geology and other technical info about things like fracking, weighted drilling fluids- a whole lot of stuff you make knowledgeable noise about but demonstrate you haven't got a clue; it hurts your own cause in the eyes of many who are just looking for a reason to call you and your initiative wrong. And it may be why you have thirty views in ten hours and one, mine, thumbs up, as well as zero comments.
Thanks- but I struggle to comprehend how your remarks relate to the episode of Switch? Furthermore "get some brains" is not the kind of conversation I appreciate the most. All the best Mattias
Great job, thanks to share this conversation.
Great conversación!
Thank you for the information just given, it was very interesting to listen to.
Excuse me, but you just made some comments about the oil biz that demonstrate that you have very small education about it. Oil Companies drill for oil for only two reasons; a market that will buy all of it they can produce, or the price of crude is high; right now it is not, nor do many forecasters see it over the $75/barrel it would take to be a profit worth going after. The US has one of the highest costs to lift the oil to market of most nations on earth, but just now that difference of $36 USD/barrel for the US and $23/barrel USD for the Russian means we cannot afford a barrel price lower than the Russians can afford- nor are our PRIVATE Corporations likely to play that game with out enormous subsidies. ON fracking; wells have been getting "fracked" all the way back into the late 20's and '30s; the recirculating fluid system that allowed drilling below two thousand feet to be cost effective has an unexpected result; at about eight thousand feet of depth, the weighted up drilling fluid- water weighted up with barite clay power- weighs more than half again what clear water weighs, and a column that deep weighs enough to cause fracking without any other pumping or force added to the well. Some have wanted to "ban fracking"- to do that successfully, the recirculating fluid method has to stop, and the technology to do that job without it does not exist yet. Among the most hopeful things I have seen happen in the US of late, is Exxon's investment and exploration of the lithium mining possibilities in Arkansas. Having Big Oil on the same side as the rest of the eco warriors would really play for a sooner end.
If you want to talk about the oil biz, get some brains, learn some facts, check out the realities before you parrot what some other fool told you. I have been one of the "482" since it was "120'- this is not the first time someone has gone off into the ditch talking about oil- myself, I have a passionate distrust of the business, the businessmen and women, the merchants who peddle it and those who explore for it; all of them have done a lot of somebodies dirt to get where they are. But they are a fact, as much as they were a fact a century ago when most of them were known as Big Coal.
My knowledge base comes from literally being born on the edge of an oil patch, raised on the beach of the largest offshore oil and gas operation in the world, and have worked from the roustabout to the new tech education level. You can even call the Society of Professional Engineers in Richardson, Texas and they will send you ton of material and references to entry level geology and other technical info about things like fracking, weighted drilling fluids- a whole lot of stuff you make knowledgeable noise about but demonstrate you haven't got a clue; it hurts your own cause in the eyes of many who are just looking for a reason to call you and your initiative wrong. And it may be why you have thirty views in ten hours and one, mine, thumbs up, as well as zero comments.
Thanks- but I struggle to comprehend how your remarks relate to the episode of Switch? Furthermore "get some brains" is not the kind of conversation I appreciate the most.
All the best
Mattias