His point was that there was plenty of oil, but it was cheaper to buy it
from the Middle East. Now that the oil companies are making record
profits, why not milk the cash cow instead of using the $86 oil here. 

Dan Horgan | Sr Software Engineer | Infor | 550 Cochituate Rd |
Framingham, Ma 01701 |508-598-4062 | [log in to unmask]

-----Original Message-----
From: [log in to unmask] [mailto:[log in to unmask]] 
Sent: Friday, May 23, 2008 2:28 PM
To: Daniel Horgan; [log in to unmask]
Subject: Re: 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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