A
Al_Masetti
Guest
These claims that the reserves would run out in nine years [or whatever] have been repeated over and over for more than 50 years. And yet, the oil and gas just keep coming.Also according to Energy Information Admistration the oil would only last 9 years (if we still use other suppliers)? There is approximately 20 billion barrels of oil consumed every day by the U.S. and according to surveys there is only 16 billion barrels available there in ANWAR (Anwyar survey anwr.org/features/kaktovik.htm) What do we do after that?
What it means is that the reserves are very conservatively estimated.
What happens is that the reserves are much larger than estimated AND it also means that new technology is constantly being developed to extract more and more of the oil and gas.
Deep ocean oil and gas development is relatively new.
There was some kind of estimate that only a tiny percentage of oil and gas were recoverable from the reserves. Then the oil and gas drillers figured out how to use directional drilling, and very precise horizontal drilling. They can make 90 degree turns from vertical to horizontal and then drill branches to reach more oil and gas.
Then they can fracture rock formations such as some of the dense tight shales using very high pressure water … a million gallons of water with suspended sand or special “spacers” to force the rock open and keep it open.
This is now routine.
Do a search for Barnett shale. It’s amazing what they can do routinely now. But the naysayers deny what is actually being accomplished on a real basis on a day to day basis.
managedpetroleum.com/Engl…rnettshale.htm
How to frac Barnett shale.
findarticles.com/p/articles/m…n25381811/pg_3
One of many articles on how they frac Bakken shale.
This one may be better:
findarticles.com/p/articles/m…n25381811/pg_3
In addition, there are vast quantities of methane available in the ocean, on the ocean floor, etc.
All kinds of drilling and development can be done, but the naysayers are denying us permission to drill and develop.