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"Energy Department study: Shale won’t last, Arctic drilling needed now"

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  • "Energy Department study: Shale won’t last, Arctic drilling needed now"

    The AP is always good for a laugh... They misspelled Arctic in an artical about the Arctic...

    Apart from spelling, what is wrong with this US government funded study?
    Energy Department study: Shale won’t last, Arctic drilling needed now

    Posted on March 26, 2015 at 4:22 pm by Associated Press

    WASHINGTON — The U.S. should immediately begin a push to exploit its enormous trove of oil in the Arctic waters off of Alaska, or risk a renewed reliance on imported oil in the future, an Energy Department advisory council says in a study to be released Friday.

    The U.S. has drastically cut imports and transformed itself into the world’s biggest producer of oil and natural gas by tapping huge reserves in shale rock formations. But the government predicts that the shale boom won’t last much beyond the next decade.

    In order for the U.S. to keep domestic production high and imports low, oil companies should start probing the Artic now because it takes 10 to 30 years of preparation and drilling to bring oil to market, according to a draft of the study’s executive summary obtained by the Associated Press.

    “To remain globally competitive and to be positioned to provide global leadership and influence in the Arctic, the U.S. should facilitate exploration in the offshore Alaskan Arctic now,” the study’s authors wrote.

    The study, produced by the National Petroleum Council at the request of Energy Secretary Ernest Moniz, comes at a time when many argue the world needs less oil, not more. U.S. oil storage facilities are filling up, the price of oil has collapsed from over $100 a barrel to around $50, and prices are expected to stay relatively low for years to come. At the same time, scientists say the world needs to drastically reduce the amount of fossil fuels it is burning in order to avoid catastrophic changes to the earth’s climate.

    [...]

    http://fuelfix.com/blog/2015/03/26/e...ng-needed-now/

    The only obstacle to this...
    The U.S. should immediately begin a push to exploit its enormous trove of oil in the Arctic waters off of Alaska...

    ...is the US-fracking government...

    Watts Up With That? | The world's most viewed site on global warming and climate change.

  • #2
    The study, produced by the National Petroleum Council at the request of Energy Secretary Ernest Moniz, comes at a time when many argue the world needs less oil, not more. U.S. oil storage facilities are filling up, the price of oil has collapsed from over $100 a barrel to around $50, and prices are expected to stay relatively low for years to come. At the same time, scientists say the world needs to drastically reduce the amount of fossil fuels it is burning in order to avoid catastrophic changes to the earth’s climate.
    This paragraph obviously. It argues the exact opposite at a point in time when all reality is pointing in the opposite direction.

    Climate change is overwrought, probably, almost certainly, not man caused, when "renewable" energy like wind and solar are proving horribly expensive busts, and there is a glut of oil such that it could sustain a century or more of progress.

    Of course, the answer is moving to hydrogen via the "n" word but we know that will never happen so long as Progressives dominate mass media with mass hysteria and people in general are kept ignorant of the facts about the "n" word.

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    • #3
      Originally posted by T. A. Gardner View Post
      This paragraph obviously. It argues the exact opposite at a point in time when all reality is pointing in the opposite direction.

      Climate change is overwrought, probably, almost certainly, not man caused, when "renewable" energy like wind and solar are proving horribly expensive busts, and there is a glut of oil such that it could sustain a century or more of progress.

      Of course, the answer is moving to hydrogen via the "n" word but we know that will never happen so long as Progressives dominate mass media with mass hysteria and people in general are kept ignorant of the facts about the "n" word.
      These three sentences possibly contain more contradictions than words...
      The study, produced by the National Petroleum Council at the request of Energy Secretary Ernest Moniz, comes at a time when many argue the world needs less oil, not more. U.S. oil storage facilities are filling up, the price of oil has collapsed from over $100 a barrel to around $50, and prices are expected to stay relatively low for years to come. At the same time, scientists say the world needs to drastically reduce the amount of fossil fuels it is burning in order to avoid catastrophic changes to the earth’s climate.
      Last edited by The Doctor; 27 Mar 15, 13:54.
      Watts Up With That? | The world's most viewed site on global warming and climate change.

      Comment


      • #4
        Sounds like the usual petro-hype and hysteria aimed at opening up Alaska to drilling. Big Oil must want more profits again.


        Bravo...Foxtrot...Delta...
        Quis Custodiet Ipsos Custodes? Who is watching the watchers?

        Comment


        • #5
          Originally posted by Mountain Man View Post
          Sounds like the usual petro-hype and hysteria aimed at opening up Alaska to drilling. Big Oil must want more profits again.


          Bravo...Foxtrot...Delta...
          Originally posted by Mountain Man View Post
          Sorry, Doc...I'm sure your comments are both interesting and relevant, but I'm under strict orders to ignore you from the forum management.
          Originally posted by The Doctor View Post
          So you have no idea what the post actually says?
          It takes a really special form of stupidity to reply to posts without reading them...
          Watts Up With That? | The world's most viewed site on global warming and climate change.

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