The Monterey Shale could create 2.3 million new jobs & Boost the state's GDP by as much as 14% (Fresno: 2014, unemployed)

[JimBaker488]

HAFTER, Calif. — A bustling city is sprouting on five acres here, carved out of a vast almond grove. Tanker trucks and heavy equipment come and go, a row of office trailers runs the length of the site and an imposing 150-foot drilling rig illuminated by football-field-like lights rises over the trees.
It's all been hustled into service to solve a tantalizing riddle: how to tap into the largest oil shale reservoir in the United States.
Across the southern San Joaquin Valley, oil exploration sites have popped up in agricultural fields and on government land, driven by the hope that technological advances in oil extraction — primarily hydraulic fracturing and acidization — can help provide access to deep and lucrative oil reserves.
***
The race began after the federal Energy Information Administration estimated in 2011 that more than 15 billion barrels of recoverable oil is trapped in what's known as the Monterey Shale formation, which covers 1,750 square miles, roughly from Bakersfield to Fresno.
But getting at that oil isn't easy. The Monterey Shale is unlike other oil shale formations across the United States. In those booming oil fields, reserves are pooled in orderly strata of rock. Once the rock is cracked open by fracking or other means, operators can sink a single well with multiple horizontal shafts and pull in oil from a wide area.
California's geology is far more complicated. The earth under the Monterey Shale has undergone constant seismic reshaping that has folded, stacked and fractured the substrate, trapping the oil in accordion pleats of hard rock at depths of up to 12,000 feet.
***
Any technology that succeeds will probably include either hydraulic fracturing — fracking — or acidizing. Fracking is a controversial but long-used technique that sends a high-pressure mixture of water, chemicals and sand into a well bore to explode the "tight" rock formation and free the oil. Acidizing entails shooting a potent mix of highly corrosive chemicals into the formation to dissolve the rock.

Vast oil trove trapped in Monterey Shale formation - latimes.com

[cb73]

I have no problems with it, but the environmentalists that seem to run California will never allow it.

[ExeterMedia]

We might as well talk about putting a nuclear reactor in the area. That has about the same chance of happening.

[shooting4life]

Remember Obama and his shovel ready jobs, well here you go president. 2 million high paying jobs that will also reduce to cost of energy for the state and the nation.

[DMenscha]

Y'all might want to read the entire article. Especially the sub headline;


San Joaquin Valley's Monterey Shale formation may hold 15 billion barrels of oil, but no one has found an affordable way to extract it.

"David Hughes, a geoscientist at the Santa Rosa-based Post Carbon Institute, studied both the USC report and the federal data and then published his own assessment, which casts a skeptical eye on the rosy assumptions. His conclusion: "It's not going to happen."
Reviewing industry-generated data,

Hughes said test wells in the Monterey so far have been expensive and unproductive."

[Ruth4Truth]

" Fracking is a controversial but long-used technique that sends a high-pressure mixture of water, chemicals and sand into a well bore to explode the "tight" rock formation and free the oil. Acidizing entails shooting a potent mix of highly corrosive chemicals into the formation to dissolve the rock. "

In case those posting here hadn't heard, CA is in a severe drought.

Acidizing. Great. And what do they do with the waste from that? They just let it sink into the water table below?

[shooting4life]

Originally Posted by Ruth4Truth

" Fracking is a controversial but long-used technique that sends a high-pressure mixture of water, chemicals and sand into a well bore to explode the "tight" rock formation and free the oil. Acidizing entails shooting a potent mix of highly corrosive chemicals into the formation to dissolve the rock. "

In case those posting here hadn't heard, CA is in a severe drought.

Acidizing. Great. And what do they do with the waste from that? They just let it sink into the water table below?

The oil is actually bellow the water table, not above it and you can use salt water.

[Tulemutt]

The Monterey Shale could create 2.3 million new jobs & Boost the state's GDP by as much as 14%

Or, we could just forget about cramming 2.3 million more people into the state and enjoy what we have left of it and our resources. And the GDP is already number 1 in the nation (and number 9 in the entire world). But why stop with being number 1 eh.

[nslander]

Originally Posted by Tulemutt

The Monterey Shale could create 2.3 million new jobs & Boost the state's GDP by as much as 14%

Or, we could just forget about cramming 2.3 million more people into the state and enjoy what we have left of it and our resources. And the GDP is already number 1 in the nation (and number 9 in the entire world). But why stop with being number 1 eh.

You mean to tell me we should NOT allow our increasingly scarce water into our notoriously unstable terra firma so corporate interests can tap into a crude deposit of highly speculative amount and sell it only on the global market because it will be so dirty it can’t comply with state emission standards and we get to deal with the metric ****-tons of wastewater polluting our agriculture and drinking water? Commie.

[shooting4life]

Originally Posted by Tulemutt

The Monterey Shale could create 2.3 million new jobs & Boost the state's GDP by as much as 14%

Or, we could just forget about cramming 2.3 million more people into the state and enjoy what we have left of it and our resources. And the GDP is already number 1 in the nation (and number 9 in the entire world). But why stop with being number 1 eh.

Or the millions of unemployed people in the Central Valley might actually be able to find work