Obama energy Miracle

captain morgan

captain morgan

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Mar 28, 2009
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A Mouse Once Bit My Sister
Really?

You follow the Canadian and US financial news?

For a group that isn't looking to import (foreign) resources, China is sure interested in buying crude and coincidentally falling over themselves to provide the financing for as many LNG facilities as will be approved in NorAm, North Africa, Australia and the Philippines.
 
hunboldt

hunboldt

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captain morgan said:
Really?

You follow the Canadian and US financial news?

For a group that isn't looking to import (foreign) resources, China is sure interested in buying crude and coincidentally falling over themselves to provide the financing for as many LNG facilities as will be approved in NorAm, North Africa, Australia and the Philippines.
Click to expand...

Actually, China doesn't know how much tight oil is in its oil shales, China is 'betting' on tight oil, but is 'insuring'. so you are right there.
 
hunboldt

hunboldt

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captain morgan said:
Sadly for the usual suspects, you can't tax nature.

On that note, we still have to wait and see what the decline curves look like on the shale resources... The projections may be skewed as there is not so much data to rely on



You're dreaming buddy
Click to expand...

There is even less Data for 'tight oil' in the third world. Oil shale was always assumed to be a mineable product, not a drillable product .
the soviet Union conducted experiments with heating and fracturing oil shale, - using thermonuclear , uhh, 'devices'8O

hunboldt said:
Industry update for you, CM...Popular Science - Google Books
Click to expand...


or more recent:
http://www.occamtechnology.com.au/files/other/OSaCSG-bg.pdf:p
 
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