Aces High Bulletin Board
General Forums => The O' Club => Topic started by: mthrockmor on July 04, 2013, 10:01:40 AM
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It would seem Britian has almost as much shale energy as America does. Let's hope they can develop it and in so doing generate an economic boom for our Brit friends. This should translate into more tea drinkers flying cartoon planes.
boo
http://www.publicserviceeurope.com/article/3654/huge-uk-shale-reserves-lets-get-fracking
Britain has just won the world’s biggest energy jackpot, potentially worth a staggering £1trillion. Yesterday it emerged that the United Kingdom not only holds the biggest shale basin in the world but that Britain most likely has the biggest shale reserves worldwide. The British Geological Survey released a study that estimates there could be 1,300 trillion cubic feet – or tcf – of shale gas trapped in the Bowland shale basin alone. In fact, the BGS’s upper estimate is a staggering 2,281 tcf – almost the total estimated American shale reserve of 2,500 tcf. Incredibly, this estimate does not include the huge shale reserves in the South of England or the Central Basin in Scotland. --Benny Peiser,
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Gibberish!
The normal working man will gain no benefit from any resources in the country, like North sea oil ( which is high grade oil not like the rubbish the Saudis and US have) we gained nothing from that. :rofl
Worst thing for a country is resources which merits the interference from other more powerful nations :rofl
Nigerian people are all poor because the government is back by the West and is corrupt beyond belief :rofl
And by the way if someone said to me here is $30000000 let us steal all their resources your damn right I would. and i would be sitting on a beach drinking cocktails :rofl
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Damn righty. Me too (different beach obviously).
True that the proletariat get no benefit from this. Oil prices dropped massively last month yet we are still paying £7.15 a gallon.....Egypt has overthrown their government and oil prices have risen sharply, guarantee we will see that rise at the pumps in mighty short order :bhead
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I don't drive :neener:
:rofl
But when I do I get in a car with a V8 and go to a lonely highway and let the ponies go :aok
Gas prices suck tho when I have to pay :cry
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The next big energy boom will most likely be in solar cells.
solar cells on every house = energy crises is over
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The next big energy boom will most likely be in solar cells.
solar cells on every house = energy crises is over
Silly subject.... Why would they endorse a technology which stifles the income that is Big Oil & Gas? Those suits will do everything they can to keep that tech from reaching an efficiency rating worthy of the consumer.
We've all seen it before. It's like supply and demand rules don't work when it means .02% potential profit loss. It's the same reason all of our "american" goods are the same as if not higher priced then those actually sold IN america... I mean, our dollar has been equal or greater value than the US dollar for 5 years yet there's not change in pricing.... The best one is greeting cards... CA 4.95 / US 1.95 :O :old: WTF MATE?
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The next big energy boom will most likely be in solar cells.
solar cells on every house = energy crises is over
Solar cells are a myth like landing on the moon :old:
Energy crisis ?
Is that the same as north korea causing WWIII last month?
Is there a energy crisis?
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It all just prolongs our energy dependent agony. Like a poster said it does nothing to reduce our prices at the pumps, which is manipulated by business. We will continue to buy our big trucks and what not, paying thru the nose for energy. Big oil has far to much power in our own Govt.'s, enough to prompt an illegal war on Libya and depose a leader without ANY UN authorization or ANY threat to NATO. Or does anyone truly think Libya was a military threat to NATO? :lol Or Serbia?
And heres another interesting tidbit for those who think we illegally bombed the Serbs over human rights. Kosovo is absolutely loaded with lead, zinc, cadmium, gold, silver, and coal. Most of all the Trepca mine complex region. NATO didnt go into there to stop killing. We went in for mineral resources. Rwanda, on the other hand, is a mostly agrarian economy and has very few resources of any kind. See the picture?
Hey Im a big boy, I can understand that interruptions to resources can crush and economy and cause as much damage as an actual attack. All I ask however is to keep it real. Im glad the Brits have their Mitts on this oil. At least it means we will probably never have to go to war over it. The Spratley region however is different. The wars of the future will be over the earths resources. Not a pleasant thought.
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I am not saying solar energy will take over oil and gas. Unless someone invents something new oil and gas will be around for a long time. What the solar industry will bring is a boom for new appliances, heating, and transportation. Similar to how the modern day laser printer reduced the demand for copy paper.
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Perhaps the day will come when both the natural resources AND the population are no longer considered exploitable commodities :old:
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Not in our lifetime
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Not in our lifetime
But perhaps in my Son's. I will work for that.
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I would like a geo thermal heating unit in our house, but it would cost about 60k to get it installed, but can heat for around $50 a month vs 1400 a month :aok
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I would like a geo thermal heating unit in our house, but it would cost about 60k to get it installed, but can heat for around $50 a month vs 1400 a month :aok
Typo? $140 a month maybe?
So the frakkin brits are gonna make the royal family a lot of money, good! Maybe the pheasants will begin revolting.
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nrshida , thats a good goal to work for . :aok
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nope not a typo, a tank of fuel a month this past winter which was just under 1400 a tank :cry
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nope not a typo, a tank of fuel a month this past winter which was just under 1400 a tank :cry
60k sounds pricey for geo. I got 2 air 'heat pumps' for my house and they dropped my electricity consumption from 32000kwh a year to 17k. They paid themselves back in little over 2 years.
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I have family that live in the Utah/Colorado basin where the largest reserves for natural gas and oil are found in America. There have been news stories pointing out how this basin has more recoverable energy than all of the Middle East.
Yes, multinational corporations come in and "make the profit," or do they? First, they have caused a massive economic boom in the area. Hundreds, then thousands of workers making $50-100k a year. All kinds of young men who barely graduated high school, never went to college but are willing to work hard are making the kind of wages that others get a bachelor or masters degree to make. My nephew works a hard 60hours a week, has a GED and is taking home $70k a year.
Gas and oil prices have remained steady even as inflation has caused milk, bread and other food stuffs to roughly double in price. My Mom and Dad owned 20 acres that 10 years ago was worth $50k total. Now they are being offered 5 times that for the same acreage.
Then these corporations, they pay tens of billions in energy taxes and mineral rights. As for other 'greedy profits' these corporations are owned by stock holders, the largest of which are pension funds. These energy corporations make money, the pension funds remain healthy and pensioners have monthly checks to show for it. Most of the "profits" go into stock prices and dividends to stock holders.
We seem to get caught up in the fact that the CEO of these corporations make $20 million or more. Well, if you consider that this greedy CEO leads an organization that improves the quality of life, wages and retirements for tens of thousands of people...what is that worth?
If the UK is smart enough to allow the exploration and extraction of this energy you will see tens of thousands of hard working jobs making a pretty good living. We have often moaned at the MASSIVE wealth we have sent to Saudi Arabia, Qatar, etc with "our oil" money. Now is the chance to bring that massive wealth home and you are crying about it?!?! It is estimated that Americans send $700 billion of oil money to the Middle East. Imagine keeping that $700 billion a year home. Government formulas tell us that would create 7 million middle class jobs over the next 20-years. And you are whining about that?
The thought of trading two dozen CEO jobs making $20 million jobs for 7 million middle class jobs....I would take that trade every day of the week and ten times on Sunday. We win. Screw the millionaires!
Just my two cents.
Boo
PS Sad my Brit friends forgot about this model. It works!
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Boo send me the address where bS grads can make 50k a year!
Like seriously. I love working almost as much as AH :old:
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nrshida , thats a good goal to work for . :aok
:aok
Perhaps I'm a dreamer, but I'm not the only one :)
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Boo send me the address where bS grads can make 50k a year!
Like seriously. I love working almost as much as AH :old:
If you are serious send me a PM. I can put you in touch with people who know who to contact to get hired. You would need to relocate to rural Utah or Colorado, though the money is good.
boo
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If you are serious send me a PM. I can put you in touch with people who know who to contact to get hired. You would need to relocate to rural Utah or Colorado, though the money is good.
boo
I am assuming you're talking about being a roughneck, its quite hard to get in with no experience. I had been trying for the last year and a half and just recently got a call back from Oklahoma City. I leave on tuesday and come home on thursday, travel all the way there for a survey and a drug test. From there I will go to training for a week and then onto a rig for 2 weeks.
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Geothermal takes heat from inside the earth and releases it into the atmosphere.
I wonder if the global warming people have addressed this?
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get huge tax breaks for the units we install. it has a water well with a pump that pumps water to the unit on average temperature of water is 45 degrees, the unit does basically the same as a refrigerator does and returns the water back to the well at around 33 degrees, pretty neat how they work. As far as installing one in my house I would need a well, update electrical service to 200 amp, and replumb the entire heating system.
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I am assuming you're talking about being a roughneck, its quite hard to get in with no experience. I had been trying for the last year and a half and just recently got a call back from Oklahoma City. I leave on tuesday and come home on thursday, travel all the way there for a survey and a drug test. From there I will go to training for a week and then onto a rig for 2 weeks.
I really hope this isn't the case time wise. I can't afford to go back and forth and what not.
Well I'll know when/if I talk to someone.
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Heck, I've been trying to get a roughneck job for months now. :/
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yeah like I said took me a year and a half, I went on indeed.com, theglassdoor.com, and searched for floorhand jobs religiously every day, Keep with it marine :aok. Zach some companies pay your travel, my dad works for sidewinder drilling and they pay airfare and a rent a car, but he drives his personal truck out to the job and leaves it that way he has his own vehicle and doesnt have to ask everyone else if they need the car.
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I am assuming you're talking about being a roughneck, its quite hard to get in with no experience. I had been trying for the last year and a half and just recently got a call back from Oklahoma City. I leave on tuesday and come home on thursday, travel all the way there for a survey and a drug test. From there I will go to training for a week and then onto a rig for 2 weeks.
Good luck sir :aok
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ty sir :salute
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Speaking from someone who lives in the heart of Natural gas land.
The way that some states regulate Shale gas, I can't see England and all it's Nanny state BS, going for regulations and the pollution and deaths... yes... deaths, that happen here in West Virginia let alone the rest of the big plays all over the US.
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Well had interview today and was told I don't have enough experience . After I flew from Vermont to Oklahoma city. :bhead :bhead. There was 12 of us and all but 1 traveled to get there. The guy that was local got a job and they sent the rest of us packing being told we didn't have experience :mad:
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Let me get with my Mom and Dad and post the contact info for a few firms that are hiring. I don't know the process, just the economic boom going on in their neck of the woods. They have two oil wells being drilled in the acerage right behind their 20 acres.
boo
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:salute cool appreciate it :aok
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The next big energy boom will most likely be in solar cells.
solar cells on every house = energy crises is over
Not at all.
Do you think that solar panels just magically pop into existence? You need to think about energy return on investment; (just like financial ROI, only with energy) look up how much energy is 'invested' in solar panels (ie how much energy it takes to make and install them) vs. energy 'return' (how much energy they produce and for how long once operational)
Photovoltaic solar cells have about the worst energy ROI of any technology out there today. Most of them need to be operation for 15+ years before they produce more energy then it took to make them, and the financial ROI isn't much better.
Fossil fuels are our primary energy source because they are cheap, efficient and already have a massive infrastructure in place to drill/mine, transport, refine, and burn it. And until something comes along which has a better ROI in both energy and financial terms it will remain so. Oil will have to get ridiculously expensive before any of the other options become attractive financially.
Besides, like Boo pointed out... the demonization of "Big Oil" is ridiculous. They are a booming industry providing many thousands of high paying jobs both in the field as well as engineers, geologists, chemists etc. Also I bet that most Americans OWN part of "Big Oil" without even realizing it. If you have money in an IRA, mutual fund, or pension plan... odds are part of it is in oil companies. Sure the cost of gas or diesel at the pump is high, but look up Exxon or Shell's profit margin... it is still pretty slim.
Lastly I find it funny that nobody is complaining about "Big Farm" or "Big Corn" in spite of MASSIVE farm subsidies, and companies like Monsanto pushing stuff like ethanol fuel and GMO food crops on us through with their huge DC lobby whether we want it or not.
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Well had interview today and was told I don't have enough experience . After I flew from Vermont to Oklahoma city. :bhead :bhead. There was 12 of us and all but 1 traveled to get there. The guy that was local got a job and they sent the rest of us packing being told we didn't have experience :mad:
North Central/Southern West Virginia is booming right now...
They are hiring everything from operators to traffic control everywhere. Cost of living is cheap, and they are desperate for people because West Virginians are not experienced.
My area is filled with out-of-staters, people get upset, but I understand that our state lacks educated and experienced workers. The boom is great and keeping me neck deep in work.
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Fossil fuels are our primary energy source because they are cheap, efficient and already have a massive infrastructure in place...
Not for long matey :lol
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Nuclear is the only answer :old:
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Nuclear is the only answer :old:
Like the Sun? :banana: