Posted:
#76
Quote Originally Posted by wallstreetcappers:
You realize that converting tar sands and oil shale actually uses other resources like natural gas, and only with oil over say 90 per does it start to break even..let alone the transport cost from remote locations, AND the fact that these products are sour in their output..meaning full of impurities that have to be extensively refined, so their yield is lower..
Coal is also not an easy answer..but that aside, you have to severely discount shale and sands, they are not remotely as easy to capture and process and use as crude is, as "reserves" they are severely lacking and are not a long term solution as to bringing net costs to the consumer down by much at all..
I agree with part of what you are saying. Shale is still in basic research. We still don't know if this is feasible. Oil sands are definitely feasible IF you have a source of low cost power to run the conversion process.
Producing oil from coal is a well understood, well known process and the United States has the plans that the Germans used for the plants that produced oil from coal in WWII. No one knows for sure what happened to these plants at the end of WWII. Some think that the Americans dismantled them and brought them to the US. The patents exist and the plans used to build the plants in Germany exist.
Neither shale, tar sands, or coal will or can replace oil in anything except the extremely long term. However, in the short term, industrial scale facilities which are ready, willing, and able to produce large quantities of gasoline from tar sands, coal, and oil shale can put a damper on escalating oil prices.
The United States should develop high capacity industrial facilities to produce oil from coal, tar sands, and shale in the areas that contain large quantities of these resources. This capacity would serve as a deterrence to oil companies arbitrarily raising the price of oil. Also, the United States would be in a position to stop buying oil from its enemies.
The US should put together a Manhattan project style project to get industrial facilities for producing gasoline from tar sands, coal, and shale up and running as fast as possible.
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indeed.
He has everything to do with the USA not drilling for our own oil.
It's real ez to be brave from long distance, you'd never question my military service toe to toe. This ole former Marine might just slap the taste outta your mouth.
Regardless of a politician's initial good intentions, almost all of them eventually get corrupted by money. 
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