U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 01-28-2013, 09:53 PM
 
Location: Vallejo
13,484 posts, read 15,112,814 times
Reputation: 11954

Advertisements

Quote:
Originally Posted by MsAnnThrope View Post
This is kind of exciting. According to the experts, we could be talking "Saudi Arabia size" deposits, and we all know how rich the Saudis are!

At the very least this should bring renewed investment to my state which has been struggling a bit for the last few years.

Absolutely fantastic news, largely ignored by Joe Public..here in SA, at least.



Major oil discovery in outback SA - ABC News (Australian Broadcasting Corporation)
Which would those be? Averaged out, oil makes the country about half as wealthy as the U.S. Of course, it's not averaged out, part of why the Saudi government doesn't publish any statistics on how well-off the average Saudi is. Actually, they arrest people for posting Youtube videos on that particularly subject quite quickly.
Reply With Quote Quick reply to this message

 
Old 01-28-2013, 09:55 PM
 
Location: Vallejo
13,484 posts, read 15,112,814 times
Reputation: 11954
Quote:
Originally Posted by NJBest View Post
Hydraulic fracturing techniques aren't like element mining techniques. There is a significant environmental impact of fracking. The latest technologies mitigate pollution while maximizing output. I believe there is very limited use of the latest techniques in fracking around the world. Primarily be the U.S.
I'm sure we could go in and run Australia's oil extraction economy just like we do Saudi Arabia's =D
Reply With Quote Quick reply to this message
 
Old 01-29-2013, 05:46 PM
 
17,213 posts, read 22,254,666 times
Reputation: 31364
Black gold, texas tea...
Reply With Quote Quick reply to this message
 
Old 01-29-2013, 08:38 PM
Status: "My eyes are rolled back so far I can see my brain." (set 25 days ago)
 
Location: Here.
13,438 posts, read 11,936,558 times
Reputation: 15758
Hope you don't have Obamas over there. You may never see it.
Reply With Quote Quick reply to this message
 
Old 02-18-2013, 02:14 AM
 
Location: Someplace Wonderful
5,170 posts, read 3,737,466 times
Reputation: 2546
Quote:
Originally Posted by MrRational View Post
ooooohhhhh...... fracking...... the gift of Satan...........

The anti energy eviros say "no" at every opportunity. I can imagine what the anti-energy folk were saying about fire, the wheel, and burial beneath the ground.

The anti energy folk oppose hydro, nuclear, coal, and gas production of electricity.

Sigh
Reply With Quote Quick reply to this message
 
Old 02-22-2013, 03:35 AM
 
621 posts, read 548,646 times
Reputation: 265
Quote:
Originally Posted by RyanR View Post
MsAnnThrope - Congrats to SA for getting this find!!!



Each should make up their own mind on the subject, using A LOT more references then Wiki.
Oil is oil shale isn't as cheap as oil but it still has potential. Much more labor intensive. (Meaning jobs)
Reply With Quote Quick reply to this message
 
Old 02-28-2013, 06:11 PM
 
9,817 posts, read 19,058,676 times
Reputation: 7541
Due to most of this being in a very remote region and there isn't much infrastructure in Australia to support it, I don't see it really happening for decades, maybe even longer.
Reply With Quote Quick reply to this message
 
Old 02-28-2013, 06:18 PM
 
5,106 posts, read 6,092,090 times
Reputation: 9677
Good for Australia

hope it works out
Reply With Quote Quick reply to this message
 
Old 02-28-2013, 06:22 PM
 
621 posts, read 548,646 times
Reputation: 265
It should in the long term
Reply With Quote Quick reply to this message
 
Old 03-01-2013, 03:45 AM
 
4,174 posts, read 2,794,383 times
Reputation: 2629
The US, Canada and Australia are poised to become major energy exporters in the coming decades. Particularly LNG to Asia and Europe.

http://www.stratfor.com/weekly/geopo...30c62a1798e60d

http://blogs.the-american-interest.c...sian-gas-wars/

Of course we need both energy and a safe ecosystem. Some would lead us to believe only one or the other is important.

Last edited by shaker281; 03-01-2013 at 03:55 AM..
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top