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Too bad Obama won't open up federal lands to energy exploration and won't stop his impediments to exploration on private land. If we had a pro-energy president, things could really be going well.
The energy boom in North Dakota has occurred INSPITE of Obama.
It's good to see that someone is smart enough to recognize this. Oil extraction from federal lands is down due to Booboo's new restrictions and regulations.
remember that obama clearly said in 2008, that he sees nothing wrong with 7.00 a gallon. this wil happen. it will be a created crisis. probably toward the end of his election. the next president will look like crap.
no different that bush, when he was getting out, the financial crisis hit. he (bush) got some bailout money to pay his buddies. so obama followed suit and got a bailout to pay his buddies. the bailout was just these presidential thugs doing what they do.
The less then 3% U E rate in North Dakota looks sweet and the burger flippers there are making 12 bucks or more an hour. Hey freemkt you out there?
So maybe McCain's "drill baby drill" was actually a good thing? Who knew?
Now that Cummins (who builds heavy truck engines) has come out with a Natural Gas version for semi trucks that works very well btw we'll see some movement in that direction. More fueling stations are being opened and many more are planned "if" the market starts to want it.
All that's needed is one state like CA to require clean fuel trucks, then we'll see LNG take off.
Remember this oil shale is not going to make 99 cent a gallon gas. It has a cost last I read of 80 bucks a barrel break even. It takes a lot of water injection and about two barrels to get three out. Unless we see an economic meltdown 2.5 a gallon is about the best we can hope for.
This may be true, but this will increase jobs here, and keep more of that money in the US. I like that.
So maybe McCain's "drill baby drill" was actually a good thing? Who knew?
Now that Cummins (who builds heavy truck engines) has come out with a Natural Gas version for semi trucks that works very well btw we'll see some movement in that direction. More fueling stations are being opened and many more are planned "if" the market starts to want it.
All that's needed is one state like CA to require clean fuel trucks, then we'll see LNG take off.
We don't need a state to "require" that. We need the market to demand it. Which will happen if CNG fueled trucks are more economical to operate than conventional diesels. If they are not, so be it.
North Dakota isn't the only area seeing a boom in jobs and economic strength due to domestic oil and gas production and increases in that production. South Texas is booming, as well as the northeast area (Marcellas Shale spreads out over several states in the northeast). However, working in the Marcellas Shale is often impeded by a tangle of bureaucratic impediments.
Business continues to grow in California, Oklahoma, and West Virginia as well. Other areas too - but those I listed are the busiest right now.
Watch for more movement in the Brown Dense formation in southwest Arkansas and northwest Louisiana as well. And when natural gas prices increase again (and they will) we'll see that area boom again as well.
These jobs have GREAT pay by the way - even for entry level positions. If you want to break into that sector, get your CDL and HazMat certifications (should be able to get both those in about 2 months, for under $5000 - a very good investment of time and money) and you should be able to land a job making $50,000 plus THE FIRST YEAR WITH NO EXPERIENCE. Progression through the pay grades is brisk. With many of these jobs, you can choose a schedule that allows you to work two weeks straight and be off an entire week - two weeks on, one week off.
My husband is an oil and gas consultant so he's moved through the ranks over the past thirty five years, and he's now got a TERRIFIC schedule - two weeks on and two weeks off. It's like having half a year of vacation time!!!!! And believe me, we use a lot of it for vacations. With the terrific pay, we can well afford to pump even more money back into our local economy - and beyond.
That's a bennie that some people overlook, by the way. It's not just oil and gas companies and their employees who benefit from this industry - it's entire states and towns and infrastructures and a wide range of industries.
North Dakota isn't the only area seeing a boom in jobs and economic strength due to domestic oil and gas production and increases in that production. South Texas is booming, as well as the northeast area (Marcellas Shale spreads out over several states in the northeast). However, working in the Marcellas Shale is often impeded by a tangle of bureaucratic impediments.
Business continues to grow in California, Oklahoma, and West Virginia as well. Other areas too - but those I listed are the busiest right now.
Watch for more movement in the Brown Dense formation in southwest Arkansas and northwest Louisiana as well. And when natural gas prices increase again (and they will) we'll see that area boom again as well.
These jobs have GREAT pay by the way - even for entry level positions. If you want to break into that sector, get your CDL and HazMat certifications (should be able to get both those in about 2 months, for under $5000 - a very good investment of time and money) and you should be able to land a job making $50,000 plus THE FIRST YEAR WITH NO EXPERIENCE. Progression through the pay grades is brisk. With many of these jobs, you can choose a schedule that allows you to work two weeks straight and be off an entire week - two weeks on, one week off.
My husband is an oil and gas consultant so he's moved through the ranks over the past thirty five years, and he's now got a TERRIFIC schedule - two weeks on and two weeks off. It's like having half a year of vacation time!!!!! And believe me, we use a lot of it for vacations. With the terrific pay, we can well afford to pump even more money back into our local economy - and beyond.
That's a bennie that some people overlook, by the way. It's not just oil and gas companies and their employees who benefit from this industry - it's entire states and towns and infrastructures and a wide range of industries.
My neighbor took off for ND about 6 months ago, comes home every two weeks and while he's been freezing his tail off he's making great money.
Some people just can't say anything thing good about Obama.
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Who knew?
