Oil Slick Stuff

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RealMoneyIssues said:
And my gas prices go up again... never down, only up
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ch.gaschart
 
A drop in sept 2011, but Gas is really over priced when you consider the Dollar rally in the last month. Must be DEMAND??:laugh::laugh::nuts:
dollar.jpg​
 
Oil prices decline on eurozone debt concerns

Oil prices have fallen in early trading as concerns persist about the impact of the debt crisis in the eurozone.

It comes after a meeting of European Union finance ministers in Poland last week announced no new immediate measures to tackle the problem.
Brent crude was down 95 cents to $111.27 a barrel, while US light crude had lost $1.14 to $86.82.
http://www.bbc.co.uk/news/business-14968090
 
Musings: Trying To Solve Mystery Of Missing Marcellus Resource
by G. Allen Brooks
Parks Paton Hoepfl & Brown
Tuesday, September 13, 2011
A tenant of America's gas shale revolution is that shale is ubiquitous and uniformly spread under our oil and gas producing basins. That belief has translated into growing estimates of the resource's potential and how it has radically changed the long-term outlook for America's, and potentially the world's energy future. Is it possible this tenant has been knocked into a cocked hat by the latest estimate of the resource potential of one of our largest gas shale basins – the Marcellus Shale?
The recent assessment by the U.S. Geological Survey (USGS) that the Marcellus Shale contains 84 trillion cubic feet (Tcf) of undiscovered natural gas and 3.4 billion barrels of undiscovered natural gas liquids was greeted with both joy and consternation. The joy came from the recognition that the USGS estimate was a huge increase from its prior assessment made in 2002 that said there was only about 2 Tcf of gas reserves in the shale formation that stretches from Alabama to New York. The consternation stems from the assessment being about 80% less than an estimate promoted earlier this year by the Energy Information Administration (EIA) that there was 410 Tcf of gas in the basin. Talk about a gap wide enough to drive a truck through, how about a whole fleet of pickups?
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http://www.rigzone.com/news/article.asp?hpf=1&a_id=110896&hmp=1
 
RealMoneyIssues said:
Solar is Our Future...

Solyndra to Declare Bankruptcy
http://www.nbcbayarea.com/news/local/Solyndra-Shutting-Down-128802718.html

Solyndra, Solar-Panel Company Visited by Obama, Plans to File Bankruptcy
http://www.bloomberg.com/news/2011-...ankruptcy-mulls-sale-and-licensing-deals.html

Solyndra Offered $535 Million Loan Guarantee by the U.S. Department of Energy
http://www.solyndra.com/2009/03/us-department/

Solar Purge Drives Weakest Into Bankruptcy, Buyouts With More Deals Coming
http://www.bloomberg.com/news/2011-...ankruptcy-buyouts-with-more-deals-coming.html

Things that make you go... Hmmm... :notrust:
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Follow up:
http://pajamasmedia.com/zombie/2011/09/09/solyndra-for-dummies/

and

32078d1315103752-fremont-based-solyndra-goes-bankrupt-1-100-workers-laid-off-wishing_well.jpg
 
AMEN BROTHER!

I just went to work for a Drilling Service Company (Great White Directional Services) and I'll be heading up the MWD division (Measurement While Drilling)..As soon as I get my feet on the ground and learn more about the industry, I'll share the info here..Right now I'm just learning the dept I'm in and already have learned a whole lot of facts to dispell the media hype against drilling and fracturing, etc.

For example: BP was the cause of the rig failure in the Gulf..they flooded the rig and made it top heavy..had they let it burn itself out, it would have never fell over and broke off the well pipe.

Stay tuned.
 
Buster said:
AMEN BROTHER!

I just went to work for a Drilling Service Company (Great White Directional Services) and I'll be heading up the MWD division (Measurement While Drilling)..As soon as I get my feet on the ground and learn more about the industry, I'll share the info here..Right now I'm just learning the dept I'm in and already have learned a whole lot of facts to dispell the media hype against drilling and fracturing, etc.

For example: BP was the cause of the rig failure in the Gulf..they flooded the rig and made it top heavy..had they let it burn itself out, it would have never fell over and broke off the well pipe.

Stay tuned.
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Congratulations Buster best of luck with the New Job!
The TRUTH will always be the best policy.
 
Thanks Norm..

BTW..forgot to mention that gas here dropped from $3.49 to $3.33 yesterday...Yippee!:suspicious:
 
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