I met a semi-retired petroleum engineer in Alberta that was working on the Canadian tar sands development. I asked him what he had heard regarding the size of the Bakken oil field. He indicated that, pessimistically, it contained 1x the reserves of Saudi Arabia, while the optimistic projection was 3x the Saudi oil reserves.
Tag Archive 'Oil'
Tweet Since the British mandate, western nations, especially oil-poor European nations, have pandered to Middle Eastern tyrants for a single reason: oil. Israel, poor little Israel, had no oil. That’s why, when the Arabs and Iranians said that they wanted Israel, Europeans were willing to fall in line. Anything, after all, to get that Saudi [...]
Tweet Two things happened on November 26, two entirely unrelated things, that nevertheless ended up merging into a single thought in my mind: In the modern world, fossil fuels equal liberty. If you cannot assure the people the former, forget about trying to foist upon them the latter. Let me walk you through my thought [...]
Tweet Conservatives have been aware for a while that the Texas oil industry is being threatened by a lizard. It’s not being threatened this way: Godzilla Movie Poster Instead, it’s being threatened this way: U.S. Fish and Wildlife Service Logo It turns out that the sand dune lizard, an innocuous little buff-colored guy, is (a) [...]
Tweet Israel as the next Saudia Arabia? According to this article in the Wall Street Journal, Israel’s unusually large and high-quality shale oil reserves may yield as much oil as all of Saudi Arabia’s proven oil reserves. http://online.wsj.com/article/SB10001424052748703806304576242420737584278.html These discoveries are in addition to of Israel’s recently diclosed gas reserves, also anticipated to [...]
Tweet Ed Morrissey has put together a very useful post summarizing various liberal media attempts to understand the Obama doctrine. Morrissey concludes at the end that, try as hard as one likes, “There really is no doctrine.” Morrissey is correct that there is no doctrine if one is looking for a verbally articulated doctrine. Obama [...]
Tweet I’ve got two quick environmental links for you today. The first has to do with pollution. You know that I’ve said at this blog all along that cap-and-trade is stupid, not only because it will destroy America’s economy, but because the really big up-and-coming polluters are China and India. Turns out I was wrong: [...]
Tweet Even working together, Babs Boxer and John Kerry are still unable to beat Palin’s clear message and, instead, come out with meaningless government speak. I can’t resist a very light fisking of their opinion piece for the WaPo, which does precisely what my blog slogan says Democrats do: they take conclusions and try to [...]
Tweet One post ago, I said I was going to wait and see until Obama does something before I get upset. Now I’m upset. I got around to reading the AP article announcing that one of Obama’s first acts will be to reinstate the ban on offshore and natural gas drilling. That’s the ban that, [...]
Tweet “Better to keep your mouth closed and be thought a fool than to open it and remove all doubt.” You’ve probably noticed that I’ve said nothing about Russia invading Georgia. This is, in part, because the exigencies of the past week have deprived me of time to read in detail about it. I only [...]
Tweet Forget Exxon’s “greedy” shareholders. The New Editor reminds us (which is something the MSM overlooked), that when Exxon does well, we all do well.
Tweet It’s a bit slow, but it’s a very useful reminder of the fact that many of the energy sources about which reporters get excited (wind, solar, etc.), will not solve the oil crisis. Hat tip: Dan Best
Tweet The accepted wisdom is that the intense hatred the Palestinians feel for Jews is a direct result of Jewish annexation of the West Bank and Gaza after the 1967 War. Of course, as with most propaganda, this is false. Aside from conveniently ignoring the 1956 and 1948 Wars, not to mention the Koran itself, [...]