Global Warming?
Out of context: Reply #132
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- SigDesign0
"we got plenty of oil."
JazX is grossly misinformed, as usual.
Solar and wind power are becoming cheaper and easier to produce. If we overhauled the electric grid in the US, which is antiquated and needs to be fixed anyway, then electric cars would be a better choice than drilling for oil, and we'd have better technology, better planet, easier/cheaper travel.
Know how the price of oil went down? Demand is less... people are conserving more... that is the way we can make it cheaper. It's more effective than drilling for more, and if we're going to drill for more, than we're not going to find most of it here in the U.S.
Wikipedia says:
"A 2008 United States Geological Survey estimates that areas north of the Arctic Circle have 90 billion barrels of undiscovered, technically recoverable oil (and 44 billion barrels of natural gas liquids ) in 25 geologically defined areas thought to have potential for petroleum. This represents 13% of the undiscovered oil in the world. Of the estimated totals, more than half of the undiscovered oil resources are estimated to occur in just three geologic provinces - Arctic Alaska, the Amerasia Basin, and the East Greenland Rift Basins. More than 70% of the mean undiscovered oil resources is estimated to occur in five provinces: Arctic Alaska, Amerasia Basin, East Greenland Rift Basins, East Barents Basins, and West Greenland–East Canada. It is further estimated that approximately 84% of the undiscovered oil and gas occurs offshore. The USGS did not consider economic factors such as the effects of permanent sea ice or oceanic water depth in its assessment of undiscovered oil and gas resources. This assessment is lower than a 2000 survey, which had included lands south of the arctic circle.[22][23][24]
Extensive drilling was done in the Canadian Arctic during the 1970s and 1980s by such companies as Panarctic Oils Ltd., Petro Canada and Dome Petroleum. After 176 wells were drilled at billions of dollars of cost, approximately 1.9 billion barrels (300×106 m3) of oil and 19.8 trillion cubic feet (560×109 m3) of natural gas were found. These discoveries were insufficient to justify development, and all the wells which were drilled were plugged and abandoned.
Drilling in the Canadian Arctic turned out to be expensive and dangerous. The geology of the Canadian Arctic turned out to be far more complex than oil-producing regions like the Gulf of Mexico. It was discovered to be gas prone rather than oil prone (i.e. most of the oil had been transformed into natural gas by geological processes), and most of the reservoirs had been fractured by tectonic activity, allowing most of the petroleum which might at one time have been present to leak out.[25]
Greenland is believed by some geologists to have some of the world’s largest remaining oil resources.[26] Prospecting is taking place under the auspices of NUNAOIL, a partnership between the Greenland Home Rule Government and the Danish state. U.S. Geological Survey found in 2001 that the waters off north-eastern Greenland (north and south of the arctic circle) could contain up to 110 billion barrels (17×109 m3) of oil.[27]"
- you're absolutely wrong. it would crush this economy if we all decided to make one massive switch and you know it********
- btw, I have a degree in Civil Engineering which required me to take many classes in Geology and Well Logging********
- the demand didn't go down, for f*cks sake. what are you kidding me?!!?********
- For fucks sake you should wipe your ass with your degrees, because you obviously didn't learn shit.SigDesign
- There's no need to argue, the U.S. has its own oil and should access those deposits. We'd be plenty independent********
- Oh and did we forget the fact that Canada has the second largest density of reserves?********
- He who has oil is he who has power. Go after our own and stop relying on the Middle East and Venezuela.********
- It's economics. Theirs is cheaper.Mimio
- Not if we invested in it. That's the problem. Political red tape doesn't help.********
- going after oil destroys the environment as much as using it, i don't see why this is a good thing.KwesiJ
- yo can be creative and struggle with the economy you can't do shit about destroying the earthKwesiJ
- as if that oil wouldnt go on the world market, jazx you are a simple simon.DrBombay
- you're absolutely wrong. it would crush this economy if we all decided to make one massive switch and you know it