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Gass Oil well boom,are you ready?

Home ▸ Archive ▸ Serious Business ▸ Gass Oil well boom,are you ready?
dwccrew's avatar

dwccrew

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7,817 posts
Dec 12, 2011 10:42 PM
I Wear Pants;1012949 wrote:Don't forget the billions of dollars. The more money one has the more intelligent they are.
Obviously. Look at Sleeper. The richest person on the OC and has a degree from THE Ohio State University in which he graduated Summa Cum Laude and you can take that to the bank!
Dec 12, 2011 10:42pm
sleeper's avatar

sleeper

Legend

27,879 posts
Dec 12, 2011 11:04 PM
I Wear Pants;1012699 wrote:You didn't even read that did you? And your logic is incorrect anyway. We can all come to lots of conclusions using faulty logic if we want. You're clearly a master at that.

And I don't think you know what the word hypocrite means.
You're mad because you've been called out for being a hypocrite. Don't like fracking? Don't drive. Enjoy!
Dec 12, 2011 11:04pm
I

I Wear Pants

Senior Member

16,223 posts
Dec 12, 2011 11:11 PM
sleeper;1013098 wrote:You're mad because you've been called out for being a hypocrite. Don't like fracking? Don't drive. Enjoy!
You're a moron.
Dec 12, 2011 11:11pm
dwccrew's avatar

dwccrew

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7,817 posts
Dec 12, 2011 11:14 PM
I Wear Pants;1013106 wrote:You're a moron.
It's moran.
Dec 12, 2011 11:14pm
sleeper's avatar

sleeper

Legend

27,879 posts
Dec 12, 2011 11:16 PM
dwccrew;1013115 wrote:It's moran.
Yeah dude its moran. LOL @ IWP
Dec 12, 2011 11:16pm
I

I Wear Pants

Senior Member

16,223 posts
Dec 12, 2011 11:31 PM
dwccrew;1013115 wrote:It's moran.
I feel like such an IDIOT!
Dec 12, 2011 11:31pm
G

gut

Senior Member

15,058 posts
Dec 13, 2011 12:06 AM
Seems like the bigger concern right now might be over-supply which is starting to crash the prices, making some of these investments unprofitable at those levels.
Dec 13, 2011 12:06am
j_crazy's avatar

j_crazy

7 gram rocks. how i roll.

8,372 posts
Dec 14, 2011 3:28 PM
gut;1013172 wrote:Seems like the bigger concern right now might be over-supply which is starting to crash the prices, making some of these investments unprofitable at those levels.

Prices of oil fell today because of weak euro. Weak euro = strong dollar = low oil prices. I think last month the US was a net exporter of petroleum. That helps lower prices too.
Dec 14, 2011 3:28pm
G

gut

Senior Member

15,058 posts
Dec 15, 2011 12:13 AM
j_crazy;1014788 wrote:Prices of oil fell today because of weak euro. Weak euro = strong dollar = low oil prices. I think last month the US was a net exporter of petroleum. That helps lower prices too.
Most of the shale gas is natural gas, which has nose dived the past few years with the supply glut. My understanding is the majority of these wells don't produce oil, though some have "wet gas" that produces some crude extract.

And LOL, I remember seeing that same blurb about the US being a net exporter of oil. I was like, HUH?!?. I think it must have been an error, either that or they meant gasoline or natural gas because we still import nearly half of our oil.
Dec 15, 2011 12:13am
I

I Wear Pants

Senior Member

16,223 posts
Dec 15, 2011 12:19 AM
gut;1015458 wrote:Most of the shale gas is natural gas, which has nose dived the past few years with the supply glut. My understanding is the majority of these wells don't produce oil, though some have "wet gas" that produces some crude extract.

And LOL, I remember seeing that same blurb about the US being a net exporter of oil. I was like, HUH?!?. I think it must have been an error, either that or they meant gasoline or natural gas because we still import nearly half of our oil.
I think they're including all the fossil fuels under that definition of "oil".

There's a really big looking well thing being put up a few miles from my house. Lights on all the time, guard shack, etc.
Dec 15, 2011 12:19am
j_crazy's avatar

j_crazy

7 gram rocks. how i roll.

8,372 posts
Dec 15, 2011 12:31 AM
gut;1015458 wrote:Most of the shale gas is natural gas, which has nose dived the past few years with the supply glut. My understanding is the majority of these wells don't produce oil, though some have "wet gas" that produces some crude extract.

And LOL, I remember seeing that same blurb about the US being a net exporter of oil. I was like, HUH?!?. I think it must have been an error, either that or they meant gasoline or natural gas because we still import nearly half of our oil.

Utica scale supposedly has a pretty good ngl yield. That's light sweet crude. Really pure high price stuff. The marcellus is a wet gas. It produces mainly water.

And its not oil its petroleum. Natural gas is being liquefied and sold overseas. We still import more oil than we produce. Much more.
Dec 15, 2011 12:31am
j_crazy's avatar

j_crazy

7 gram rocks. how i roll.

8,372 posts
Dec 15, 2011 12:32 AM
I Wear Pants;1015464 wrote:I think they're including all the fossil fuels under that definition of "oil".

There's a really big looking well thing being put up a few miles from my house. Lights on all the time, guard shack, etc.

Likely a drilling rig. Post a pic if you want me to tell you for sure.
Dec 15, 2011 12:32am
I

I Wear Pants

Senior Member

16,223 posts
Dec 15, 2011 1:06 AM
j_crazy;1015472 wrote:Likely a drilling rig. Post a pic if you want me to tell you for sure.
Pretty sure it is as well, I'll snap a picture next time I go by though.
Dec 15, 2011 1:06am
Q

QuakerOats

Senior Member

8,740 posts
Dec 15, 2011 12:17 PM
I Wear Pants;1012498 wrote:Untrue.
It is absolutely and completely true, obviously to your chagrin, and it is a known fact throughout the industry --- over 1.2 million fracked wells --- no instance of polluted water.

Here is another expert indicating such:"From Pennsylvania to New Mexico to Colorado and Texas - all of them have not found a single instance of contamination of aquifers," Fleckenstein said.

[url]http://www.9news.com/news/article/231241/222/Petroleum-experts-defend-fracking-safety-record[/URL]-


You have to realize there are at least 6 layers of casing alternating between steel and cement. Further, in this area, there will be less than one-tenth of one percent of "chemicals" introduced into the process. And on top of all that there will be about a mile or more of bedrock between the well depth and any aquifers. I don't know what more you could ask for.
Dec 15, 2011 12:17pm
I

I Wear Pants

Senior Member

16,223 posts
Dec 15, 2011 2:10 PM
QuakerOats;1015812 wrote:It is absolutely and completely true, obviously to your chagrin, and it is a known fact throughout the industry --- over 1.2 million fracked wells --- no instance of polluted water.

Here is another expert indicating such:"From Pennsylvania to New Mexico to Colorado and Texas - all of them have not found a single instance of contamination of aquifers," Fleckenstein said.

http://www.9news.com/news/article/231241/222/Petroleum-experts-defend-fracking-safety-record-


You have to realize there are at least 6 layers of casing alternating between steel and cement. Further, in this area, there will be less than one-tenth of one percent of "chemicals" introduced into the process. And on top of all that there will be about a mile or more of bedrock between the well depth and any aquifers. I don't know what more you could ask for.
I've literally linked more than one article that showed a well that polluted water in this thread.

One of the ones I linked explained that there were some circumstances that made it more likely to happen in that particular area than in others but it's still an example of polluted water which makes your statement untrue.
Dec 15, 2011 2:10pm
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ManO'War

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1,420 posts
Dec 15, 2011 2:13 PM
So if I come and piss in your well and contaminate the water, then you want to outlaw all urination??
Dec 15, 2011 2:13pm
I

I Wear Pants

Senior Member

16,223 posts
Dec 15, 2011 2:28 PM
ManO'War;1016045 wrote:So if I come and piss in your well and contaminate the water, then you want to outlaw all urination??
I never said I wanted to outlaw fracking. Because I don't.

Just that Quaker's claim that no water has ever been contaminated by the process is incorrect.
Dec 15, 2011 2:28pm
Q

queencitybuckeye

Senior Member

7,117 posts
Dec 15, 2011 2:36 PM
ManO'War;1016045 wrote:So if I come and piss in your well and contaminate the water, then you want to outlaw all urination??
No, but I want you to go to prison until the well is cleaned up.
Dec 15, 2011 2:36pm
Q

QuakerOats

Senior Member

8,740 posts
Dec 15, 2011 2:38 PM
I Wear Pants;1016072 wrote:I never said I wanted to outlaw fracking. Because I don't.

Just that Quaker's claim that no water has ever been contaminated by the process is incorrect.
My claim is entirely correct. Even the EPA administrator, a real radical, had to admit it:
Fracking's potential impact on water has been perhaps the most consistent tactic activists have used to frighten communities across the country. Again, there's just nothing to back up their allegations. Even EPA Administrator Lisa Jackson admitted during congressional hearings on May 24 that "I am not aware of any proven case where the fracking process itself has affected water."
On Oct. 4, members of Energy Secretary Stephen Chu's advisory committee on natural gas development echoed Jackson's comments. In testimony before the Senate Energy and Natural Resources Committee, Dr. Stephen Holditch, head of the petroleum engineering department at Texas A&M, said there is "absolutely no evidence hydraulic fractures can grow from miles below the surface to the fresh water aquifers." Beyond that, Kathleen McGinty, a former environmental regulator in Pennsylvania and onetime aide to Al Gore, said fracking fluids "are very unlikely to contaminate drinking water."
Holditch explained the content of fracking fluids, which have become a poster child for activists' fear campaign against shale gas development. The truth is in stark contrast to what opponents would have us believe:
"Most fracture treatment fluids consist of 99.5 percent pure water and sand. About 0.5 percent of the fluid is made up of gelling agents, surfactants and biocides. Virtually all of these chemicals can be found in a typical home. Gelling agents are typically guar gum, which is used in many food products. ... A surfactant is just soap, like Dawn dishwashing fluid. Biocides are used to kill bacteria, like the Clorox we use in our homes. The concentration of these 'chemicals' is very minute and does not pose a danger to fresh water aquifers."
It should be noted, too, that fracking has been done since 1949, and Dr. Gilbert Ross, executive director and medical director of the American Council on Science and Health, points out that "cases of verified environmental contamination - of water, air or wildlife - are virtually nonexistent." Ross adds that the safety of fracking has been "reaffirmed by numerous state regulators, the Massachusetts Institute of Technology, the Ground Water Protection Council and the Interstate Oil and Gas Compact Commission, among others."

http://fayobserver.com/articles/2011/10/16/1130159

The entire industry, and most of us regular folk, undertstand that zero incidents in over 1.2 MILLION wells over a 60 year span represents perhaps the finest safety record in history. Of course it drives the marxists-parading-as-environmentalists nuts, but that's too bad. We are on the cusp of energy independence and economic boom, and as usual it is liberals who stand in the way.
Dec 15, 2011 2:38pm
j_crazy's avatar

j_crazy

7 gram rocks. how i roll.

8,372 posts
Dec 15, 2011 3:07 PM
I Wear Pants;1016098 wrote:May 24th is the key there motherfucker.

December 8th...
http://www.epa.gov/region8/superfund/wy/pavillion/EPA_ReportOnPavillion_Dec-8-2011.pdf

You are wrong.

December 14th. EPA pavilion water report false. Using an old producing well as there monitor well. Google it.
Dec 15, 2011 3:07pm
ManO'War's avatar

ManO'War

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1,420 posts
Dec 15, 2011 3:10 PM
I don't believe much of what the EPA says anyways...just think of what those letters stand for.

Without something to demonize, they wouldn't have a reason to exist.

So naturally to protect all of their cushy jobs they are going to over-analyse and try to regulate everything under the sun....and they would probably regulate the sun too if they could.
Dec 15, 2011 3:10pm
I

I Wear Pants

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16,223 posts
Dec 15, 2011 3:10 PM
j_crazy;1016135 wrote:December 14th. EPA pavilion water report false. Using an old producing well as there monitor well. Google it.
Care to elaborate? Because an old well contaminating water still makes Quaker's statement untrue.

I'm not saying we should end fracking because of it, just that Quaker is wrong.
Dec 15, 2011 3:10pm
I

I Wear Pants

Senior Member

16,223 posts
Dec 15, 2011 3:11 PM
ManO'War;1016140 wrote:I don't believe much of what the EPA says anyways...just think of what those letters stand for.

Without something to demonize, they wouldn't have a reason to exist.

So naturally to protect all of their cushy jobs they are going to over-analyse and try to regulate everything under the sun....and they would probably regulate the sun too if they could.
And the oil/gas/any companies don't have the exact same motivation to say that everything they do is safe?
Dec 15, 2011 3:11pm
j_crazy's avatar

j_crazy

7 gram rocks. how i roll.

8,372 posts
Dec 15, 2011 3:29 PM
I Wear Pants;1016141 wrote:Care to elaborate? Because an old well contaminating water still makes Quaker's statement untrue.

I'm not saying we should end fracking because of it, just that Quaker is wrong.

I'm just saying the EPA's monitor well was an old oil well. Doesn't seem like a good choice to monitor water quality.
Dec 15, 2011 3:29pm