Interesting article on Exxon's move into shale and the fracking that goes on

[Steve Wood]

This would be a great article except the guys went to my school, Texas A&M, and not Texas University whose marching band consists of a bunch of clowns dressed up like Dale Evans that can neither march nor play.

It's strange that Obama makes speeches saying it is pointless to drill in this country because we use 20% of the world's oil while we only have 2% of the supply so we will never be energy independent.  On the other hand the USGS estimates we have about 25% of the undiscovered reserves in the world.

http://tech.fortune.cnn.com/2012/04/16/exxon-shale-gas-fracking/?section=money_technology

[daveismissing]

I do have discomfort pumping this stuff into the ground:
Fracking chemicals: benzene, lead,ethylene glycol, methanol, boric acid

[Steve Wood]

ironic that some of those are found in nature and that most of them originate from the ground.....mor e ironic that the government would have us dispose of even worse by digging a hole and burying them in Texas or Nevada

[ULYCYC]

Dave that sounds like a Canadian beer chaser

Looking at the map, Zap's backyard is ground zero. He hit the lottery again

[Steve Wood]

Perhaps we should clean this lead up and use it for fracking?

http://www.usatoday.com/news/nation/story/2012-04-20/smelting-lead-contamination-soil-testing/54420418/1

[gbsean]

Here is my theory...and you can call me crazy...think of the big picture... let the rest of the world use up all its oil reserves..then the U.S. has the only supply left...and they will control the world....

[Top Speed]

I was thinking the same thing...

[Steve Wood]

sounds good, but, it will take several years to develop the infrastructure to get the transmission network in place...and then we have no refineries to make product.

Look at it this way, when the rest of the world begins to wonder where they will get their energy from, they will see this big fat pool of untapped reserves sitting over here and since we are now a food importer, energy importer, steel, importer, and electronics importer, it will not take much to obtain the surrender of this country.

If I were a conspiracy theorist, I might think this is all part of a plan to globalize the world economy into a system of consumer states under the thumb of Mr. X

[daveismissing]

[daveismissing]