Massive Oil Deposit Could Increase US reserves by 10x

bradclark1 · 03-22-08, 02:33 PM

Now all I have to do is figure out a way to be a part of it so I can take a chunk of that change. I know! We can start an oil company and go against Marathon Oil or I could get a loan from the government of 17 billion dollars to build a refinery close by. It cost 15 to build one and the other two is for me and for bribes and such.:hmm:

FIREWALL · 03-22-08, 02:55 PM

Quote:

Originally Posted by bradclark1

Now all I have to do is figure out a way to be a part of it so I can take a chunk of that change. I know! We can start an oil company and go against Marathon Oil or I could get a loan from the government of 17 billion dollars to build a refinery close by. It cost 15 to build one and the other two is for me and for bribes and such.:hmm:

Quick ! You can bribe me for a $ million.

:p

Jimbuna · 03-22-08, 03:35 PM

So will this mean cut price oil for not only America but also her allies

STEED · 03-22-08, 03:47 PM

Quote:

Originally Posted by jimbuna

So will this mean cut price oil for not only America but also her allies

What here in England!

Get out of town your pulling my leg. :rotfl:

Jimbuna · 03-22-08, 04:07 PM

Quote:

Originally Posted by STEED

Quote:

Originally Posted by jimbuna

So will this mean cut price oil for not only America but also her allies

What here in England!

Get out of town your pulling my leg. :rotfl:

Your probably right.....our government get it cheaper but don't drop the price and keep the extra money

bradclark1 · 03-22-08, 05:24 PM

Just look for Exon/Mobil to make even bigger profits.

Onkel Neal · 03-22-08, 05:59 PM

Quote:

Originally Posted by jimbuna

So will this mean cut price oil for not only America but also her allies

Hopefully, or at least, fewer increases in price and less dependence on foriegn oil from the ME and the Socialist Republic of Venezuela :hmm:

I did a search on the topic but found few results.... one would think this is BIG news, yes?

seafarer · 03-22-08, 06:07 PM

Actually, considering that 50-70% of all the world's oil ever discovered is still sitting in the ground, we have lots of reserves, in theory. But, since extraction technology craps out after about a third or less has been withdrawn, we need totally new technologies to just extract what we already know is there.

Even if this new report is right about the 200 billion barrels, we only know how to extract, what, 50-60 billion barrels of it (at best)?

Stealth Hunter · 03-22-08, 06:21 PM

Go for the oil. What have we got to lose? We're not going to switch over to cleaner energy sources, so we might as well defeat the gas problems of the moment and worry about the environmental problems later. I'm not being sarcastic either. Fuel is almost $4.00 is some places, and with the economy slowly sinking into a depression, I want to save SOME of my money. Might as well start with these outrageous fuel prices.

antikristuseke · 03-22-08, 08:02 PM

4usd a gallon and you are complaining?

03-22-08, 02:33 PM	#1
bradclark1 Ocean Warrior Join Date: Feb 2003 Location: Connecticut, USA. Posts: 2,794 Downloads: 29 Uploads: 0	Now all I have to do is figure out a way to be a part of it so I can take a chunk of that change. I know! We can start an oil company and go against Marathon Oil or I could get a loan from the government of 17 billion dollars to build a refinery close by. It cost 15 to build one and the other two is for me and for bribes and such.:hmm: __________________

03-22-08, 03:35 PM	#3
Jimbuna Chief of the Boat Join Date: Feb 2006 Location: 250 metres below the surface Posts: 191,032 Downloads: 63 Uploads: 13	So will this mean cut price oil for not only America but also her allies __________________ Wise men speak because they have something to say; Fools because they have to say something. Oh my God, not again!!

03-22-08, 05:24 PM	#6
bradclark1 Ocean Warrior Join Date: Feb 2003 Location: Connecticut, USA. Posts: 2,794 Downloads: 29 Uploads: 0	Just look for Exon/Mobil to make even bigger profits. __________________

03-22-08, 06:07 PM	#8
seafarer Commodore Join Date: Feb 2005 Posts: 622 Downloads: 0 Uploads: 0	Actually, considering that 50-70% of all the world's oil ever discovered is still sitting in the ground, we have lots of reserves, in theory. But, since extraction technology craps out after about a third or less has been withdrawn, we need totally new technologies to just extract what we already know is there. Even if this new report is right about the 200 billion barrels, we only know how to extract, what, 50-60 billion barrels of it (at best)? __________________ My Father's ship, HMCS Waskesiu (K330), sank U257 on 02/24/1944 running SHIII-1.4 with GWX2.1 and SHIV-1.5 with TMO/RSRDC/PE3.3 under MS Vista Home Premium 32-bit SP1 ACER AMD Athlon 64x2 4800+, 4GB DDR2 RAM, 400GB SATA HD Antec TruePower Trio 650watt PSU BFG GeForce 8800GT/OC 512MB VRAM, Samsung 216BW widescreen (1680x1050) LCD

03-22-08, 06:21 PM	#9
Stealth Hunter Silent Hunter Join Date: Nov 2006 Location: Y'ha-Nthlei Posts: 4,262 Downloads: 19 Uploads: 0	Go for the oil. What have we got to lose? We're not going to switch over to cleaner energy sources, so we might as well defeat the gas problems of the moment and worry about the environmental problems later. I'm not being sarcastic either. Fuel is almost $4.00 is some places, and with the economy slowly sinking into a depression, I want to save SOME of my money. Might as well start with these outrageous fuel prices.

03-22-08, 08:02 PM	#10
antikristuseke Silent Hunter Join Date: Jun 2007 Location: Estland Posts: 4,330 Downloads: 3 Uploads: 0	4usd a gallon and you are complaining?