1 trillion barrels of oil in Colorado

[keith]

Public service announcement - doom and gloom 'peak oilers' just move on the next thread....

As well as the 50 year North America supply of oil available in Alberta, here's lots and lots more in Colorado:

OIL FIRMS APPLY FOR FEDERAL PERMITS

Current estimates are that $70/barrel oil makes shale competitive. New recovery technologies may make the price somewhere in the $35/barrel range. Total oil estimated to be 1.8 trillion barrels in Colorado, with 1 trillion barrels recoverable.

On the downside, if we started producing this much oil we'd have to stop buying from Iran and Venezuela, and offer Saudi Arabia $10/barrel take it or leave it.

How bad would that be

 

[fuel tanker man]

But we can't do that. We've got to continue the charade. (Hey, wasn't that the name of one of those dinky little donut wheeled piece of garbage Daihatsus?)

We need more folks who look like this...

Driving cars that look like this...

Dan

 

[Pablo]

I'm not doom and gloom but was it simply the cost that has stopped this thing like 20 times in the last 30 years? Or is it something else. I have read the waste products are overwhelming....

Not sure if I believe the 1,000,000,000,000 number.

BUTT - if it works, let's do it.

 

[Starbreaker666]

That's been long known here. They tried to start producing it in the late 70's early 80's but it was not economically feasable at the time. But with todays new technology i'm sure it will nto be long at all before they pull that shale out of the ground. Sounds just fine to me.

 

[fuel tanker man]

Well... simply threatening to do it ought to knock a few turbans cock-eyed.

 

[Al]

quote:

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Originally posted by Pablo:
I'm not doom and gloom but was it simply the cost that has stopped this thing like 20 times in the last 30 years? Or is it something else. I have read the waste products are overwhelming....

Not sure if I believe the 1,000,000,000,000 number.

BUTT - if it works, let's do it.

---

I think you are right on here. I think this stuff always comes out of a secret vault to put fear into the speculators

 

[Mystic]

There is indeed an estimated 1 trillion barrels of crude oil in the oil shales in Colorado and other states. And they now have the technology to recover a considerable amount of this by using heaters underground. They can now recover this oil shale oil at a price of probably $25.00 a barrel, compared to OPEC charging $70.00 a barel (it actually costs OPEC $4.00 a barrel to recover the oil). In addition there is an unknown but considerable amount of crude oil in Alaska.

Now ask yourself-why are we not going after these oil supplies when oil from other countries cost us so much money and our supply off the southern coasts are threatened by hurricanes?

If we started today it would take some time to actually start recoering a considerale amount of oil. I am not going to get into politics-it is not allowed here. But there are certain people preventing America from getting the fuel it needs. This country requires a lot of energy and until we (maybe) can get fusion reactors to work, we are going to need fossil fuels.

 

[Pablo]

Mystic oh, please talk, I mean if you know the REAL answer pony up and post it. That isn't politics....

quote:

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But there are certain people preventing America from getting the fuel it needs.

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[NJC]

Pablo, a few stats from the Syncrude website:

Site preparation commenced in December 1973


43 million field work hours to construct the Syncrude Project


10,300 people employed at peak construction


Syncrude employs approximately 4,000 people and an average of 1,500 contract maintenance and specialist workers.


Total asset value of the Syncrude Project is approximately $12 billion


100 millionth barrel produced in July 1982


One billionth barrel produced in April 1998


Average daily production is 240,000 barrels


Syncrude shipped 87.2 million barrels of Syncrude Sweet Blend in 2004


The Extraction complex is housed in a building about nine storeys high.


A workforce of more than 10,000 swarmed over the site during the peak construction periods in 1976 and 1977; 7,500 workers lived in the construction camps on site. The camp had three kitchens which served up to 27,000 meals a day.


Over 248,000 cubic metres of concrete, 853 kilometres of piping and 2,920 kilometres of wire and cable were used in the construction of the original plant site.


Nearly 450,000 tonnes of materials, equipment, vessels and plant components traveled the highway to the construction site.


The initial cost of the Syncrude project was $2.3 billion, making it one of the largest single construction projects in Canadian history. In 2004, Syncrude's capital investment was $2.6 billion.

[snip]

http://www.syncrude.com/who_we_are/01_07.html

 

[Pablo]

Wow thanks for the link!

quote:

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Every 24 hours there is enough metal worn off the mining equipment, by abrasive oil sand, to make two full-size pick-up trucks.

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[Gary Allan]

quote:

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Mystic oh, please talk, I mean if you know the REAL answer pony up and post it. That isn't politics....

quote: But there are certain people preventing America from getting the fuel it needs.

---

America gets all the fuel it needs. It's just not as cheap as it once was. This isn't an issue of major consequence in a population managment philosophy. The main thing is that we indeed have these fossil fuel reserves and will ulitmately use them when other sources are in decline or depleted.

Let the rest of the world run dry if they so desire. Let them give us energy for a few slips of green paper. We will sell them renewable food stuffs in exchange .or whatever (IOU's?). When the time comes ..we'll still have all the marbles.

Although there surely could be debate on just who this "we" is (as in what's this "we" crap, whiteman?)

[ September 22, 2005, 06:52 PM: Message edited by: Gary Allan ]

 

[moribundman]

quote:

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1 trillion barrels of oil in Colorado

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Oh, I hope it's not buried under Cheyenne Mountain.

 

[Big O Dave]

fuel tanker man, you better watch it with those photos... Leerburg dudes have some REALLY vicious dogs in those Priuses.

 

[simple_gifts]

quote:

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Originally posted by fuel tanker man:
Well... simply threatening to do it ought to knock a few turbans cock-eyed.

---

Threatening energy independence? Get real. 40%, 50%, 60% imported oil. I'm afraid someone else has got us "over a barrel"

 

[fuel tanker man]

We've always imported it because of the price--not because we couldn't get it from our own territories. And as this thread's subject alludes to, the Saudis can be made to drop their prices even more.

One of our biggest problems is the environmentalist wack-os which basically need to be hog-tied, flogged, and made to ride bicycles.

Dan

 

[outrun]

Please build me a few more refiniries.

This $$$ is getting out of hand.

Heck, Alberta has enough oil sands to help us out

 

[moribundman]

"Wack-O's" would be a great name for a cereal.

 

[Pablo]

What is Canada's oil consumption?

 

[NJC]

According to an article posted here recently oil sands are profitable at only $35/barrel. That was in reference to the operations in Alberta.

 

[Pablo]

Isn't the oils sands project in full swing in Canada? What's the BBL/day output there?