An American Oil Find That Holds More Than All of OPEC

So can we stop murdering people for oil now, or what.

And Obummer and the demos will never touch it.. Have to keep the US dependent on the worlds Oil.. God for bid we break away

Nope.

Shale huh? So that means fracking which will weaken the tectonic plates and lead to God only knows what kind of earthquake.

They are fracking like crazy and not even trying to figure out what the effects will be on our water or the planet. I hate White people.

It won't matter. By the time they figure out how to harvest it, there will be a 20$ per gallon carbon tax on gas

[link to www.raytheon.com]

According to the latest studies, the United States has an oil reserve of at least three times that of Saudi Arabia locked in a 16,000-acre formation of oil shale deposits beneath federal land in Colorado, Utah and Wyoming. The majority of the land was set aside in 1910 by the government as a potential source of fuel for the U.S. Navy.

If successfully harvested, shale could provide a long-term source of reliable, affordable and secure oil. In fact, federal officials estimate that this resource could yield enough oil to meet U.S. demand at current levels for more than 250 years.

Oil shale, also known as organic marlstone, contains kerogen — a waxy hydrocarbon that turns into oil or natural gas if enough heat or pressure is applied.

Nearly 100 years after the U.S. government set the land aside, the shale reserves remain 1,000 feet underground. During this time, various companies have tried to retrieve oil from the shale but have met with limited success due to the environmental and economical ramifications of standard extraction methods.

The question remains: How can fossil fuel be extracted from the shale in a cost-efficient manner without wreaking havoc on the environment?

Potential Solution to Century-Old Roadblock
The solution developed by Raytheon involves the combined use of radio frequency (RF) technology, more commonly used for radars and guidance systems, in conjunction with “critical fluids” — compounds that rapidly penetrate substrates and safely dissolve a wide range of chemicals. Massachusetts-based CF Technologies, a leading developer of critical fluid processes, is providing Raytheon with its critical fluids expertise.

Under this extraction scenario, oil well holes are drilled into the shale strata using standard oil-industry equipment. RF antennae, or transmitters, are lowered into the shale. The antennae then transmit RF energy to heat the buried shale. Super-critical carbon-dioxide fluid is pumped into the shale formations to separate the petroleum from the rock and direct the freed fuel to another well, where it is extracted. Next, the carbon-dioxide fluid is separated from the oil and gas, which is sent to a refinery and further processed into gasoline, heating oil and other products.

Yeah America is hitting rock bottom.

There is nothing fossil about oil.

this

LOL. obama will squash it.

Think how this discovery could radically re-engineer us out of this depression. If we become the world's largest supplier of oil, we could actually erase the trade deficit, create boatloads of good paying jobs, drastically drop fuel costs in America and make all the products we buy cheaper.

Its a MAJOR shot in the arm and we need it now. Too bad zero doesn't really want to actually help Americans. Too bad it isn't on private land than we could bypass his Commie BS.

Last Edited by Squatch Hunter on 11/21/2012 08:35 PM

If nothing else it is at least comforting to know it is there.

Private or federal land?

Amen bro....

racist

USA USA USA!!!
:dubya:

We have shale oil here too in Australia, but, the greenies went ape over plans to refine it because it was such a pollution contributing process.

From memory, our first shipment got black banned and no one would buy it.

If its ever going to be useful then better methods of extraction will need to be discovered, and correct, there will be a new tax on it before it hits the pumps, no matter how much production costs can be reduced.

Taxes and the cost of oil to the pump arent linked in any way apart from a percentage of retal volume that the government gets to extract from their citizens for their own irresponsible uses.

Hasnt everyone noticed yet but no matter how much tax is collected, somehow or other there is never enough money for governments!

If it's private, then the companies drilling and selling it will sell it at the same price they are selling oil barrels now. They don't care if the worlds oil supply triples, they know people will pay whatever it takes to get their oil/gas, so why lower the price.
If it's federal they will likely fuck it up.

We are screwed ether way.

Now you know why Obama has been selected into "re-election" by the elite.

the murder wasn't over oil, it was, and remains, over who controls the majority's expectation of future events (control over markets). So there's always something new to murder over.

We do not fight for oil!

No, you can pay a higher price at the pump. Fracking shale oil becomes unprofitable when OPEC prices are low. Look at the big picture.

Sea water also contains some dissolved gold. In total it is a huge amount. Its not quantity but cost to extract that matters. This will likely never bring prices down, sticking a radio transmitter down your well is pretty desperate and expensive.

If only the greedy fucks at the top cared a little more about American society and a little less about keeping the price of crude sky high for there own personal profit,this could turn things around in this country.But they are selfish,heartless, pukes who do not give a shit about anyone but themselves.

[link to www.therightscoop.com]

ARG! Obama admin announces plan to shut down 1.6 million acres of federal land to oil shale development

two weeks ago..........

You lose.