oobga
Tier 2 Fan
- Aug 1, 2003
- 25,027
- 21,358
Greenhouse gas draw-down likely only going to come about due to peak-oil. Too bad those projections didn't hit a decade ago.
Obama likes to brag that shale oil was unlocked under him which brought on a whole new wave of production. And bonus, right now in the Permian they are flaring natural gas like mad, at a rate of over 100 million tons of CO2 equivalent a year (more than the cap emissions we put on oilsands) for their 3m per day barrels of shale oil (less than Canada's production). They literally have nowhere to put all the nat gas that comes with the oil and are just burning it away. And there are loads more emissions and pollution involved in shale with the drilling, fracking, pressure pumping, transporting loads of water and sand, and then transporting the water away to pump it underground to make some sweet earthquakes. Good job Obama.
Best part is, a lot of that shale production has to be shipped off to places like China because US refineries don't want it, and are tuned for making a wider range of products from medium and heavy grades. So, more fun emissions to transport it all. Don't expect any environmentalists to show up and complain though. You can get 10+ years in prison in Texas is you do anything to interfere with a pipeline constructon. nah, not worth it, better just go like everyone else to Canada, the one place in the world that heavily relies on selling oil for revenue and to prop up currency where we allow people from around the world to totally screw with our industry. USA, jail time or dragged away by miliary, middle east, you probably will never be heard from again, Russia, about the same. Venezuela, Nigeria, Brazil, Mexico...lol, nice knowing you. Norway did well of course, but are also lucky with the access to the sea for easy transport, the super stable and safe proximity, the low and stable population, and how other countries generously acted like failed test cases for them that they could learn from.
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