Fracking your future (2014, salaries, restaurant)

[sammy87]

Originally Posted by wong21fr

Meh. Either way, it's going to Asia and the shipping costs would be less with a Pacific terminal versus a Gulf one. I'd rather see a half-dozen LNG export terminals built in the United States versus Keystone.

Why not do both? Keep the crude in the US, process it in the US, then sell the fuel.

Western Canada doesn't have the capabilities to process that much crude without making a new refinery. I doubt that will happen in Vancouver.

Either way, NG and crude are the only things keeping the us economy afloat...barely

[wong21fr]

Originally Posted by sammy87

Why not do both? Keep the crude in the US, process it in the US, then sell the fuel.

We could do both, but the LNG exports would be more profitable. With the US pretty much cut-off from the global market for LNG a lot of value is being wasted by not being able to ship gas to Europe and Asia. The price discrepancy between markets is huge.

Western Canada doesn't have the capabilities to process that much crude without making a new refinery. I doubt that will happen in Vancouver.

The proposed Kitimat refinery would take care of that problem. Will it happen? I'm actually betting yes since the Chinese are provided the majority of the funding and Canada doesn't want to be entirely dependent on US refineries to process the the Alberta oil sands.

Either way, NG and crude are the only things keeping the us economy afloat...barely

Better than having the economy relying too much of credit-fueled consumerism. A greater amount of manufacturing would be nice, but free trade really doesn't encourage t-shirts sold in Wal-Mart to be made in South Carolina.

[sammy87]

Better than having the economy relying too much of credit-fueled consumerism. A greater amount of manufacturing would be nice, but free trade really doesn't encourage t-shirts sold in Wal-Mart to be made in South Carolina.[/quote]

Ross Perot was right on so many levels.

[wong21fr]

Originally Posted by sammy87

Ross Perot was right on so many levels.

What? That capitalism is the most brutally efficient way of making the use of limited resources and the US was not the most efficient place to make cheap t-shirts? If the US wants to bring back mass-labor manufacturing than all we have to do is kill the standard of living for the bottom 20%-40%, make them live on $10/day versus $50/day, and you'd see the t-shirt manufacturers flock back to the US.

[augiedogie]

I live in west Texas right in the middle of all kinds of wells that have been fracked. Fracking has been going on for over 30 years, in most wells. Now we have this ridiculous frenzy about how dangerous it is. Even our left wing EPA says its perfectly safe, which it is. There are no news articles about how unhealthy fracking is in this area because it isn't. People in Colo are just plain dumb. Can't believe they voted to end fracking. Now you have a lot of folks who can say good bye to their jobs.

[sammy87]

Originally Posted by augiedogie

I live in west Texas right in the middle of all kinds of wells that have been fracked. Fracking has been going on for over 30 years, in most wells. Now we have this ridiculous frenzy about how dangerous it is. Even our left wing EPA says its perfectly safe, which it is. There are no news articles about how unhealthy fracking is in this area because it isn't. People in Colo are just plain dumb. Can't believe they voted to end fracking. Now you have a lot of folks who can say good bye to their jobs.

Not just CO, but PA there is a huge environmental push back. Then again they pushed against the wind generators due to environmental impact so go figure. Vegas has a massive mirror array that concentrates light to create steam, super green. But they got push back because of 200 turtles in the area. Cost to re locate turtles? $55k/EA! Someone will always be hurt.

[jwiley]

Originally Posted by augiedogie

I live in west Texas right in the middle of all kinds of wells that have been fracked. Fracking has been going on for over 30 years, in most wells. Now we have this ridiculous frenzy about how dangerous it is. Even our left wing EPA says its perfectly safe, which it is. There are no news articles about how unhealthy fracking is in this area because it isn't. People in Colo are just plain dumb. Can't believe they voted to end fracking. Now you have a lot of folks who can say good bye to their jobs.

While I do not believe it is totally safe, I do believe it is much more safe than many will admit, fact is if you trace the anti-fracking money much of it is coming from OPEC and Russia, 2 areas with a large vested interest in keeping US oil production down.

Also the whole state did not end fracking, just a handful of cities/towns.

[phetaroi]

Originally Posted by jwiley

While I do not believe it is totally safe, I do believe it is much more safe than many will admit, fact is if you trace the anti-fracking money much of it is coming from OPEC and Russia, 2 areas with a large vested interest in keeping US oil production down....

I'm not disagreeing. Just curious if you can support that.

[jwiley]

Originally Posted by phetaroi

I'm not disagreeing. Just curious if you can support that.

Meet the “1%” Funding Anti-Fracking Hysteria | FrontPage Magazine

It’s no secret that Middle East oil interests like the UAE see fracking as a direct threat to the endless petro dollars that have been created because oil is the world’s chief energy source. The Middle East has an endless stream of oil, but natural gas is a different story.

Since, emissaries from Russia have made a number of low key trips to Israel pitching the idea of a conglomerate of natural gas producing nations. So, even as left wing environmentalists attempt to limit our own production domestically of natural gas, our enemies are courting our allies globally to form natural gas partnerships.

Matt Damon's Anti-Fracking Movie Financed by Oil-Rich Arab Nation | The Foundry: Conservative Policy News Blog from The Heritage Foundation

While left-leaning Hollywood often targets supposed environmental evildoers, Promised Land was also produced “in association with” Image Media Abu Dhabi, a subsidiary of Abu Dhabi Media, according to the preview’s list of credits. A spokesperson with DDA Public Relations, which runs PR for Participant Media, the company that developed the film fund backing Promised Land, confirmed that AD Media is a financier. The company is wholly owned by the government of the UAE.

Can Environmental Rules be Secret Weapons?

The environmental movement was also targeted for KGB infiltration, he says, with the simple message that the best way to preserve nature was to work against the system that would exploit it for profits . . . Kalugin says he recruited dozens of big-time journalists as well as members of Congress. Among his most valuable spies was John Walker, who sold vital Navy secrets to the Russians for 18 years. But it wasn’t only leftists who became KGB assets. Kalugin says the rule was — and is — to look for people on the extremes. Kalugin says the new regime in Russia is not to be trusted, and that Americans must be on their guard.

Multiple voices out of Russia have been condemning the global shale gas movement — deriding unconventional gas as “unsafe,” “uneconomical,” and “irrelevant.” In other words, Russia is running scared, hoping that irrational lefty-green influences over western governments will subdue Gazprom’s unconventional competition, before Russia loses all of its lucrative, high-priced natural gas contracts . . .
Russia not only stands to lose its ability to extort high gas prices from its customers — it is in danger of losing many of its customers altogether. Since Russia’s government depends upon Gazprom profits to finance many of its “unofficial” expenditures, the crony-ocracy at the highest levels of Russia’s government is extremely concerned.

Now it is no secret that many of the groups funding the protests and attack on fracking do not have to disclose their donors, I would say that there is way to much circumstantial evidence pointing to them involved, and a film that has to announce who invested, got money from the Saudies

[wanneroo]

As I have pointed out before, we've been told by the left and environMENTALists that "we've got to reduce our dependence on foreign oil and gas!!!".

Now we are doing it and using fracking, a technique that has been around for 60 years with a dramatic improvement in it's technology, is now the most evil thing in the world.

Add into that look at who is funding a lot of the whole anti fracking message. Promised Land was openly funded by UAE. And it will not be the last.

The Russians, Arabs and all the rest know that if we really do reduce our dependence on them, even by a significant percentage, it's going to be a hard whack to all the good times with their Ferraris and Lamborghinis, high end Russian courtesans with big boobs and mega mansions. So hey if it takes a bag of millions to convince a bunch of gullible Americans that fracking is some demonic technique, so be it.