Google the word SPECULATION.

Denys...

-----Original Message-----
From: HP-3000 Systems Discussion [mailto:[log in to unmask]] On Behalf Of Joseph Dolliver
Sent: Friday, May 23, 2008 1:28 PM
To: [log in to unmask]
Subject: Re: [HP3000-L] OT: Energy and Politics

OK I will BYTE... What are you talking about...!


>From: Daniel Horgan <[log in to unmask]>
>Date: 2008/05/23 Fri PM 02:08:20 EDT
>To: [log in to unmask]
>Subject: Re: [HP3000-L] OT: Energy and Politics

>A friend of mine is from Wyoming. He told me last week a barrel of oil
>(better quality than from Middle East) is selling for $86/Barrel. Follow
>the money boys and girls!
>
>Dan Horgan | Sr Software Engineer | Infor | 550 Cochituate Rd |
>Framingham, Ma 01701 |508-598-4062 | [log in to unmask]
>
>-----Original Message-----
>From: HP-3000 Systems Discussion [mailto:[log in to unmask]] On
>Behalf Of Kevin Smeltzer
>Sent: Friday, May 23, 2008 1:11 PM
>To: [log in to unmask]
>Subject: [HP3000-L] OT: Energy and Politics
>
>Forget wind farms......
>Forget drilling in ANWR........
>Forget drilling off the coasts of the U.S........
>Forget coal, nuclear, natural gas.........
>Forget OPEC......
>It is all a political show.  
>
>To paraphrase Shakespeare from 'The Tragedy of Macbeth'
>Politicians are "... but a walking shadow, a poor player
>That struts and frets his hour upon the stage
>And then is heard no more: it is a tale
>Told by an idiot, full of sound and fury,
>Signifying nothing."
>
>
>U.S. and world energy needs are solved.  But you must admit the
>squealings 
>of politicians are an interesting sound effect, during election years.
>ONE 
>solution know for years, and rarely reported is 'shale oil'.  Try
>Google, it 
>returns 441,000 results on 'shale oil'.  If you are really bored trying 
>Googling 'oil sand', 672,000 results.  Canada's solution to energy
>needs. 
>
>Check out the RAND report paid for by your tax dollars on web site:  
>http://www.rand.org/pubs/monographs/2005/RAND_MG414.pdf
>
>Highlights from 2005 report:
>1.  "The largest known oil shale deposits in the world are in the Green
>River 
>Formation, which covers portions of Colorado, Utah, and Wyoming.
>Estimates 
>of the oil resource in place within the Green River Formation range from
>1.5 to 
>1.8 trillion barrels."
>2.  "Present U.S. demand for petroleum products is about 20 million
>barrels per
>day. If oil shale could be used to meet a quarter of that demand, 800
>billion 
>barrels of recoverable resources would last for more than 400 years."
>- suspect current U.S. demand is above 20 million barrels per day,
>adjust as 
>needed.
>3.  "unlikely to be profitable unless real crude oil prices are at least
>$70 to $95 
>per barrel (2005 dollars)."
>
>NOW, you can understand why U.S. oil companies are not investing 
>in 'renewable energy sources'.  THEY DO NOT NEED TO!
>
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joseph dolliver
e3k solutions , inc
41630 marie court
leonardtown, md 20650
301-475-6985 

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