Slashdot Mirror
Oil May Be Finite, But U.S. Production Is Ramping Up
Hugh Pickens writes "The WSJ reports that the discovery of the gigantic and prolific Bakken oil fields of Montana and North Dakota have already helped move the U.S. into third place among world oil producers, and according to Harold Hamm, CEO of Continental Resources, the 14th-largest oil company in America, if fully developed the field in Bakken contains 24 billion barrels, doubling America's proven oil reserves. One reason for America's abundant supply of oil and natural gas has been the development of new drilling techniques, including 'horizontal drilling,' which allows rigs to reach two miles into the ground and then spread horizontally by thousands of feet." Not surprisingly, Hamm considers some of the current administration's loans and subsidies for alternative energy ventures to be misplaced.
CO2 is a gas vital to all life on earth. The concentration is very minute, and its effects on global temperature are totally dwarfed by the dominant greenhouse gas, water vapor. The "climatologists" are politically and economically driven, not scientifically.
CO2 is a gas vital to all life on earth. The concentration is very minute, and its effects on global temperature are totally dwarfed by the dominant greenhouse gas, water vapor. The "climatologists" are politically and economically driven, not scientifically.
I love how this comment got instantly modded to troll, when it was simply pointing out some simple truths about biology, ecology, and politics.
Look at the history of science: the scientific community is often wrong for decades on end, with the economic incentive being merely that people keep their jobs and keep getting past peer review. In the long term, science is self-correcting, but in the short term, its predictions and conclusions are dubious and unreliable.
Besides, while scientists by and large agree that CO2 and temperatures have increased due to human activity, there is no consensus whatsoever on the long term consequences or on effective interventions.
Oh you want to see how quick one can get modded troll, watch this: Isn't kinda funny how the ONLY solution being pushed is cap and trade by Al Gore, who just so happens to have himself set up to be a billionaire off of crap and trade? or that the same ones that set up credit default swaps, aka economy killers, are now writing the laws for crap and trade? Maybe some ought to watch this video to see just how easy it is to make MASSIVE MONIES while scamming the fuck out of crap and trade?
You watch how quick THAT gets downmodded, because Rev Al Gore has made AGW into the new religion and all that oppose his massive wealth redistribution (much into his own pockets) into the new heretics. It would be like me moving money from my right to left pocket, calling it wealth redistribution , demanding AND GETTING a tax break for it! The guy lives in a McMansion, drives a personal Lear jet and a fleet of SUVs and then has the balls to tell ME to take the bus? To quote Mr Garrison "You go to hell Al Gore, you go to hell and you die!"
ACs don't waste your time replying, your posts are never seen by me.