"the world had decades' worth of oil to come"

[Ripsnort]

Originally posted by Mickey1992
Unrelated to topic but related to oil.

What happens to the void that is created when all of this oil is drawn out of the ground?  It is filled with water naturally or by man?  It is just a hole in the earth?  If so are there ever cave-ins?  

Or is it so deep under the surface that it doesn't matter?

[soda72]

Originally posted by Ripsnort
I read that Canada has the worlds 2nd largest oil fields untapped in the world. Lets invade Canada!

heheh,  are canadians allowed to have a guns?

[Ripsnort]

Originally posted by Jackal1
If we invade Canada it will be to confiscate the beer, not oil.
We may have to go on horseback, but it will be for the beeeeeeeeer. Mmmmmmmmmmm

I''ve heard all we have to do is cut the supply of key beer-making imports to their country, and have another hockey strike, that would cause them to capitulate immediately!

[soda72]

"Since these Opec countries [like Saudi Arabia] are closed, the only information available is available to themselves alone. So they can come up with a new reserves figure and the rest of the world will just have to take it."

Ah,  it's probably bs...

[Ripsnort]

Originally posted by soda72
heheh,  are canadians allowed to have a guns?

Not big guns like we have...actually, everything we have is bigger (nudge nudge, wink wink)

[Clifra Jones]

Originally posted by Mickey1992
Unrelated to topic but related to oil.

What happens to the void that is created when all of this oil is drawn out of the ground?  It is filled with water naturally or by man?  It is just a hole in the earth?  If so are there ever cave-ins?  

Or is it so deep under the surface that it doesn't matter?

This is one of the contributing factors as to why New Orleans and the entire north gulf coast has been sinking for years.

[Clifra Jones]

Originally posted by Ripsnort
I read that Canada has the worlds 2nd largest oil fields untapped in the world. Lets invade Canada!

Most of Canada's oil in is oil sands. Not as hard to extract as oil shale but still more costly than traditional deposits.

[Yeager]

As each individual cell in our body has a finite existance, so too do we.  As do we, our planet also has a finite existance, as does the sun, the solar system, the galaxy and the universe.

Lets keep in good shape and live as long as is practicable.  For our children and our childrens children.  Pass the torch of life to the next generation.  

Burning fossil fuel for the planet is like smoking cigarettes for ourselves.  It accellerates natural death.

[AWMac]

Canaduhs forward Defense Forces would be wearing flannel shirts.

 Ever been Biyatched slapped with a beaver by a Lesbian?

 Not just painful but also humiliating.

[Torque]

ah, play nice now, or we'll cut off your oil supply.

then you'd all be over in the middle-east somewhere, guarding a corporate well, with tobbaccy stains in your shorts.

[lasersailor184]

HA!  All joking aside, the country that has the largest oil reserves is China.



And the friggin brilliant thing is that they won't touch those reserves until EVERYONE ELSE has none at all.

[Nash]

Originally posted by Clifra Jones
Most of Canada's oil in is oil sands. Not as hard to extract as oil shale but still more costly than traditional deposits.

Costs only 13 bucks a barrel to produce.

[Toad]

Schweitzer wants to convert Otter Creek coal into liquid fuel

August 2, 2005....Montana has 120 billion tons of state and federal coal reserves under its surface, mostly in Eastern Montana. Schweitzer said 115 billion tons of that coal is recoverable. He said using the Fischer-Tropsch method, one ton of coal would produce 1.5 barrels of diesel fuel. A barrel is 42 gallons.

"It would cost less that a $1 per gallon to make that diesel," he said......

...And it is the cost that heretofore has kept the process in the experimental/pilot project stages. For F-T, the break even point comes when crude oil is more than $35 a barrel. Friday crude oil futures settled at $60.57 a barrel....

Conversion of Coal-Derived Syngas into Ultra-Clean Liquid Fuels and Chemical Feedstocks

Fischer-Tropsch projects based on coal are currently under
development in Illinois and Wyoming. In Illinois, Rentech has
completed a study to convert an existing natural-gas based
ammonia plant into an integrated ammonia, FT fuels, and
electric power plant utilizing high-sulfur Illinois coal as its
feedstock. The plant to be acquired by Rentech, will continue
to operate during the three-year conversion period and after
conversion to coal will produce 1,800 bpd of FT liquids, 900
tpd of ammonia and derivatives, and 17 megawatts of surplus
power.

Wyoming has over 66 billion tons of recoverable coal
reserves. Powder River Basin coal typically sells for $5-7 per
ton ($0.30-0.42 per million BTU) FOB mine. A preliminary
economic analysis prepared by Rentech for the Wyoming
Business Council indicates that a 10,000 bpd FT plant based
on Powder River Basin coal can achieve an attractive internal
rate of return after tax at the current price of diesel fuel.

~200 billion tons of coal in Wyoming & Montana @ 1.5 barrels diesel per ton = 300 billion barrels of diesel.

[Toad]

Originally posted by Nash
Costs only 13 bucks a barrel to produce.

Now is the time to look at coal to ease gas crisis

At this time, the various tar sands projects in Northern Alberta are producing 1.5 million barrels of oil daily through a sophisticated process of liquefaction. To put it simply, this is a means of extracting oil from high grade coal. In the last few years, this process has advanced to the point of being profitable at $30 per barrel.

[indy007]

Y'all read about Shell's new method for oil shale. It's called "in situ conversion". Essentially you drill a shaft, drop heaters down it, and cook the rock until hydrocarbons boil off. It gives 1/3 natural gas, 2/3 light crude. With this approach there's supposed to be something like a billion barrels per square mile. The Green River Basin's oil shale formations are over 1000 sq miles, so that'd make it the largest fossil fuel deposit known to man. Supposed to have 10x better yield than cooking it on the surface.

They build an ice wall around the pumping site, freezing it out from the ground water to prevent contamination. Pretty clever stuff.